Elites have started saying the quiet part out loud
This week we witnessed the latest — and perhaps more striking — sign that crypto might not be the future of finance. On Tuesday, Sam Bankman-Fried, founder of FTX, a huge crypto exchange, opened a can of worms by describing “yield farming” — crypto’s makeshift alternative to traditional bank lending — as a Ponzi scheme.
Conservative leadership contender Pierre Poilievre promised Thursday he’d spike the Bank of Canada’s proposal to offer a digital currency, saying this sort of financial instrument should be left to the private sector.
Poilievre has emerged as a fierce critic of Canada’s central bank. He’s tried to link decades-high inflation to its COVID-era policy of quantitative easing and recently slammed the institution as “financially illiterate.”
Poilievre said that a government led by him would extend the auditor general’s authority to include the Bank of Canada and push for a review of its pandemic policies.
People on TikTok (an app targeting youth) continue to promote puberty blockers for kids saying they are harmless.
Giving a child puberty blockers is child abuse. pic.twitter.com/fo7Jmbg9KF— Libs of TikTok (@libsoftiktok) April 28, 2022
Like many concepts created with good intentions, the Environmental, Social and Governance (ESG) label is causing as many problems as it solves.
Across the world’s investment desks, fund managers struggle to comprehend International Sustainability Standards, fill in IFSR Climate-related Disclosures, EFRAG Climate Standard reporting, and other stuff that induces narcolepsy. Occasionally, if they are lucky, they even find time to address the impact of inflation and war on the investment portfolios they now can’t run due to the regulatory and reporting burden put upon them.
Elon Musk has finally managed to buy Twitter. And the moment he did, the enraged Left flipped out.
Abruptly leftists began trashing their favorite electronic communications platform as the domain of the nation’s elite, professional classes. Had they just discovered that they had been racists and privileged users all this time?
While inflation is at its highest rate in more than three decades, Prime Minister Justin Trudeau is ignoring warnings from his own government’s environmental and financial watchdogs that his carbon pricing/taxation regime is hurting most Canadians in their pocketbooks, especially the most vulnerable.
Former University of Alabama student sentenced for hiding funding to al Qaeda
Ontario Premier Doug Ford is banking on billions of dollars in infrastructure spending to get him re-elected to a second term in office, relying on continued deficits to fuel campaign promises.
The Ford government tabled “Ontario’s Plan to Build” on Thursday, a 241-page, $198 billion document that serves both as a provincial budget and an election platform for the PC party.
Toronto hate crime report: Jews most targeted group, anti-Asian incidents on the rise
… Meanwhile, police said 56 of the 75 hate crimes motivated by religion targeted Jews, while 14 of those were directed against Muslims.
The prison service has failed to recognise the dangers Islamist gangs and convicted terrorists pose inside jail, a report warns.
The independent reviewer of terrorist legislation, Jonathan Hall QC, said prisons must not provide opportunities for militants to plan new attacks.
But the service had “lost its role in the national endeavour to reduce the risk of terrorism”.
The Ministry of Justice said it was committed to isolating radicalisers.
A fatal design flaw in Russian tanks dating back to the Gulf War has made them ‘sitting ducks’ for Ukrainian attacks, experts have revealed.
Unlike in Western tanks, Russian vehicles store up to 40 shells in a carousel at the base of the turret, making them extremely vulnerable.
Even an indirect hit can spark a chain reaction, igniting all the ammunition at once and decapitating the vehicles dubbed ‘mobile coffins’ by Western military experts.
Fox News contributor and former federal prosecutor Andrew McCarthy called for Attorney General Merrick Garland to appoint a special counsel to investigate the Biden family’s potential corruption, saying the case for an independent probe is “bulletproof.”
McCarthy, who led the federal prosecution of the terrorists responsible for the 1993 World Trade Center bombing, issued the plea in an opinion column published by The Hill Thursday morning. Earlier this week, Garland told senators the case is being handled by the Department of Justice and there is no need for an independent investigation.
Leftists clutched their pearls all throughout Wednesday after billionaire Elon Musk called out Twitter’s top lawyer, Vijaya Gadde, for her censorship policies within the company.
The fiasco in Ukraine could be a reflection of a bad strategy or a poor fighting force
THE JOB of organising NATO’s biggest military exercise since the cold war kept Admiral James Foggo, then the commander of American naval forces in Europe and Africa, busy in the summer of 2018. Trident Juncture was to gather 50,000 personnel, 250 aircraft and 65 warships in the European Arctic in October. As logistically taxing as that sounds, it was small fry compared with what Russia was planning in Siberia in September. The Vostok exercises would be the biggest since the Soviet Union’s mammoth Zapad drills of 1981, boasted Sergei Shoigu, Russia’s defence minister: they would involve 300,000 troops, 1,000 aircraft and 80 warships.
This was a huge feat. “It was a big lift for us to get 50,000 people in the field,” recalled Admiral Foggo recently. “How did they do that?” The answer, he eventually realised, was that they did not do it. A company of troops (150 at most) at Vostok was counted as a battalion or even a regiment (closer to 1,000). Single warships were passed off as whole squadrons. This chicanery might have been a warning sign that not everything was as it seemed in the Russian armed forces, even before they got bogged down in the suburbs of Kyiv.
Q: What is the major question that must be posed by the inquiry into the calling of the Emergencies Act?
A: It is this. Was there ever the slightest chance of the government of Canada falling?
The CBC lied and Trudeau used that lie along with others to justify imposition of the Emergencies Act.
Lockdown measures inspired this “routine” abuse of our freedoms.
Pity that Deadmeet has agreed to prop up the Trudeau corpse for the duration.
Cabinet relied on #CBC stories in invoking #EmergenciesAct, @MinJusticeEn testifies. “CBC reported I believe on 14th of Feb or 13th of Feb there was foreign funding…various pieces of info we had explained the various measures that we took.” https://t.co/aTG0dSwSE1 #cdnpoli pic.twitter.com/WA6BpG1lqm
— Holly Doan (@hollyanndoan) April 27, 2022
