Canadian housing over-valued? The Economist puts numbers to it. Updated.
Worldwide house prices charted. Canada is riding a bubble. Updated.
|Is the problem that private property|
is hated by Marxists?
|Story at The Daily Mail|
We should be humble. We are easy to deceive and lead about,
witness magic shows, hypnotists, the IPCC, and socialist
"War is normal and peace is very unusual." He quotes Machiavelli: "Man is more inclined to do evil than to do good" and then adds:" There is good reason for that old Roman wisdom, "If you want peace, prepare for war".We smashed our enemies, we created military..we built and maintained a big arsenal on land, air and sea. It worked so well and lasted so long that we forgot why we were doing it." "That happy time is done and gone, at least for now. We’d better stop whining and get about the business of winning".
"If we accept that war, and the preparation for war, is the basic leitmotif of human history, we might also overcome the parallel myth: that all men are basically the same, and all men want the same (good) things. Not so. Just ask Vladimir Putin, Ali Khamenei, and their friends, proxies, and agents. They want bad things for us, namely death and domination. And they’re not likely to change, which is why it’s very dangerous to give Khamenei more money, and try to make Putin more “reasonable.” They’re going to continue the war."
"All the comments that were initially posted about this poor excuse for reporting have been taken down and the story re-posted without the comments. There's no evidence that this accident was caused by excessive speed or the long awaited upgraded speed limits. It is simply a misinformed story written with no fact to fill space."
|Source at Zero Hedge|
|The King is In|
"In 2011, B.C.’s forestry and logging sector contributed $1.77 billion to the province’s GDP (the total dollar value of all goods and services produced in B.C.). That year, coniferous logs sold domestically on the Vancouver log market for $74.28 per cubic metre while exports sold for $108.35. Only seven per cent of the 2011 log harvest was exported, despite foreign market demand for B.C. logs".
Booms in Howe Sound
"It’s no different than if your barber refused to cut your hair, you wouldn’t pay them anyway – you’d want your money back."
“Government needs to feel the cold hard grip of fiscal restraint to stay the course and negotiate a fair, affordable deal for taxpayers,” said Bateman. “This money belongs to B.C. taxpayers – not teachers or the government. The BCTF shouldn’t be rewarded with this money as part of their negotiations. This $200 million should be rebated to the taxpayers who paid it in the first place.”Petition here. A family of four would be entitled to $160 back. That money was taken from us for a purpose and neither the government nor the BCTF has any right to channel it to their pockets.
"While the religious right views religion as a fundamental, and indeed essential, part of the human experience, the secular left views it as something more like a hobby, so for them it's as if a major administrative rule was struck down because it unduly burdened model-train enthusiasts. That emotional disconnect makes it hard for the two sides to even debate; the emotional tenor quickly spirals into hysteria as one side says "Sacred!" and the other side says, essentially, "Seriously? Model trains?"She further comments about the Hobby Lobby decision:: "Both sides believe that they are having someone else’s views forcibly imposed upon them". She narrows the contraception issue down to public goods for which this wonderful definition is supplied:
Public goods are not “goods provided by the government”; they’re goods that have to be provided by the government, because no one without taxing power can efficiently provide them. Police service is the classic public good because it is nonrivalrous (multiple people can enjoy it) and nonexclusive (you can’t keep other people from enjoying the benefits). If crime goes down, all of us enjoy lower crime, even if we don’t pay taxes. Defense of the borders is another classic public good, and other items such as roads and lighthouses are usually included.All discussion about the role of government and citizen liberty should sidestep the question, "Can it be provided by government" and should address this question: "Must it be provided by government?"
There will be no Intifada on the West Bank: the Palestinian Arabs are older, more resigned and less inclined to destroy their livelihoods than in 2000. Syria and Iraq continue to disintegrate, Lebanon is inundated with Syrian Sunni refugees (weakening Hezbollah’s relative position), and Jordan is looking to Israel to protect it against ISIS. Egypt is busy trying to survive economically.Medium term, Israel is winning in the market place and becoming a regional power.
Medium-term, the boycott and BDS threat become irrelevant. “Startup nation” is becoming market-cap nation as hundreds of Israeli firms exit the venture capital stage and become profitable, mature enterprises. There’s never been anything like this. India and China beckon with a combined market of 2.5 billion people. To the extent that the Europeans threaten Israel with sanctions, the term “Middle East” gradually will be replaced by “Western Asia.”Israel is becoming worldwide the go-to place for military tech since their enemies have forced them to excel. Think India, Algeria and Egypt, the UAR, Pakistan, Turkey, both the US and China.
|" It is striking how seamlessly the Democracy Alliance, with its far-left tint,|
meshes with the Obama administration. Thus, the DA partners were treated to
appearances by David Axelrod and Debbie Wasserman Schultz".
I am struck by two points in the documents:
-There's a patter about fairness and inclusiveness that sounds noble and remains unexamined. It's actually about being unfair and exclusive.
-These big shots who are flattered to join DA are being shamelessly micromanaged. The organizers are focused on lining the people up and getting tailored commitments and money from each one, like cows getting the best dairy mash and then milked by machine to the last drop. Policy decisions are made elsewhere.
"I sense what’s occurring in this election is a recklessness and abandonment of rationality that has preceded the voluntary surrender of liberty and security in other places. ... Some conservatives are caught in the moment as their attempts at explaining their support for Barack Obama are unpersuasive and even illogical. ...Others, reach for the usual platitudes in explaining themselves but are utterly incoherent. Even non-conservatives with significant public policy and real world experiences, such as Colin Powell and Charles Fried, find Obama alluring but can’t explain themselves in an intelligent way.
There is a cult-like atmosphere around Barack Obama, which his campaign has carefully and successfully fabricated, which concerns me. The messiah complex. Fainting audience members at rallies. Special Obama flags and an Obama presidential seal. A graphic with the portrayal of the globe and Obama’s name on it, which adorns everything from Obama’s plane to his street literature. Young school children singing songs praising Obama. Teenagers wearing camouflage outfits and marching in military order chanting Obama’s name and the professions he is going to open to them. An Obama world tour, culminating in a speech in Berlin where Obama proclaims we are all citizens of the world. I dare say, this is ominous stuff. Even the media are drawn to the allure that is Obama. Yes, the media are liberal. Even so, it is obvious that this election is different. The media are open and brazen in their attempts to influence the outcome of this election".
It’s as if the media use the Obama campaign’s talking points — its preposterous assertions that Obama didn’t hear Wright from the pulpit railing about black liberation, whites, Jews, etc., that Obama had no idea Ayers was a domestic terrorist despite their close political, social, and working relationship, etc. — to protect Obama from legitimate and routine scrutiny. And because journalists have also become commentators, it is hard to miss their almost uniform admiration for Obama and excitement about an Obama presidency. So in the tank are the media for Obama that for months we’ve read news stories and opinion pieces insisting that if Obama is not elected president it will be due to white racism.
The question is whether enough Americans understand what’s at stake in this election and, if they do, whether they care. Is the allure of a charismatic demagogue so strong that the usually sober American people are willing to risk an Obama presidency? After all, it ensnared Adelman, Kmiec, Powell, Fried, and numerous others. And while America will certainly survive, it will do so, in many respects, as a different place.
Islam has been reforming. What is today called “radical Islam” is the reformation of Islam. It follows the .. logic of the Protestant Reformation— prioritizing scripture over centuries of tradition and legal debate—but with antithetical results that reflect the contradictory teachings of the core texts of Christianity and Islam.Islamic literacy rates have risen above 40% (See Ibrahim) and the Koran is now as available to Muslims as the Bible once was to Europe's first Protestants. The "Back to the Quran" movement (Sola Scriptura) finds plainly stated teaching:
The Koran and Hadith call for war, or jihad, against all non-believers, until they either convert, accept subjugation and discrimination, or die.
Islam's prophet himself decreed, “Whoever changed his Islamic religion, then kill him.”
The Koran allows polygamy—up to four wives—and the possession of concubines, or sex-slaves.
The Koran permits lying; the prophet himself often deceived others, and permitted lying to one’s wife, to reconcile quarreling parties, and to the “infidel” during war.
|Coming for the first time in the original language|
to millions of new readers.
The Higgs boson is thought to be related to an invisible Higgs field that pervades all of space. As particles travel through that field, their interactions with it give them mass. The original finding that Higgs particles decay into other bosons confirmed the Higgs field can interact with bosons. Now the latest results show that the field can interact with fermions as well. The finding supports the idea that a single, Standard Model Higgs boson explains how all particles get their mass.Key point: "Explains how all particles get their mass".
|Gravity waves! Or maybe dust.|
O Ca-na da, O Ca-na-da\
Our home and native land\
True patriot love, in all thy sons\
Command in us today.\
With glowing hearts we see thee rise\
The True North strong and free.
From far and wide, O Ca-na-da\
We stand on guard for thee\
God keep us glorious, free\
We stand on guard for thee\
We stand on guard for thee\
From East to Western sea!
"The Washington Post reported on Tuesday that pot farmers in the Sinaloa region have stopped planting due to a massive drop in wholesale prices, from $100 per kilo down to only $25. One farmer is quoted as saying: “It’s not worth it anymore. I wish the Americans would stop with this legalization.”"
Former DEA senior intelligence specialist Sean Dunagan told VICE News that, although it’s too early to verify the numbers: “Anything to establish a regulated legal market will necessarily cut into those profits. And it won’t be a viable business for the Mexican cartels — the same way bootleggers disappeared after prohibition fell.”More at the O'Hara link (VICE news) where she touches on the DEA's cash flow which depends in part on pot being illegal.
|Prohibition poster of the slippery slope|
A man walks into a bar. He has an orange for a head. The bartender pours him a drink and says: “So—you want to tell me about it?”
"Consider .. the earth....., presenting us with the Promethean gift of fuels that elevate us beyond the imaginations of our ancestors. Our response? We nurture a superstitious dread of oil and coal and promulgate pseudoscientific disaster scenarios meant to teach panic and to quench the very fire of our freedom. Or consider ... that we were born into the freest, strongest, and wealthiest nation that mankind has ever known—and elected as our president a man who promised to “fundamentally transform” it."