Notley Will Buy Trans Mountain pipeline from Kinder Morgan?

Notley’s stupid schemes just keep getting dumber and dumber…

Not only because Alberta’s treasury is empty…

But for anyone who thinks big pipelines are scary now, wait until the government owns them!

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Climate Change Will Destroy Half of Alberta’s Boreal Forests?

CBC thinks we should be afraid afraid that half of Alberta’s boreal forests will be wiped out by climate change and fires (most of which will surely be caused by climate change).

And the trees won’t grow back because of climate change.

It is really sad.

But perhaps we can take comfort in the fact that CBC is a consistent peddler of clickbait climate change trash like this.

Take this article from 2009, in which we are told that scientists are predicting ice-free summers in the Arctic by 2013.

Obviously that didn’t happen, not even close.

CBC has no credibility on this issue. For decades they have promoted fear-mongering junk science, with such dire and confident predictions that we should all be dead by now.

CBC News is not a news organization, it is Ottawa’s Ministry of Propaganda.

CMR Law 44: CBC is garbage.

Worried about Oil Spills?

It’s becoming less and less of a problem as the years go by.

tankers

The Equalization Scam: Ontario the “Have” Province Gets $963M

The School for Public Policy published a useful review of the 2018-2019 equalization payments.

Let’s take a look.

graph-4-1024x579

Looks pretty typical in a lot of ways. West (+Newfoundland) pays East.

Also, while Quebec gets a lot of flak for getting the biggest payment, they are far from the biggest recipient on a per capita basis.

table1-1024x174

But wait a second, didn’t Ontario just become a “have” province? Why are they getting a big cheque?

And that leads to the most interesting part of this year’s equalization:

This brings us to Ontario. The $963 million it will receive in equalization is entirely composed of adjustment payments. Absent these payments, the total equalization program would cost $17.2 billion and Ontario would receive nothing. But at $70 per person for receiving provinces, the adjustment payments add $1.76 billion, which brings the total cost of the program to the $18.96 billion dollars paid in 2018/19.

A Costly Quirk?

Why should adjustment payments be made at all? And why should they be paid to Ontario, a “have” province prior to this stage of the formula? The limit was put in place by the previous government in 2009 to keep costs under control and limit uncertainty. But why does it also act as a floor? And… must it? The Fiscal-Arrangements Act is somewhat ambiguous on this point.

Nope, this doesn’t appear to be a redistributive scam at all. It’s not like Canada already has the federal health and social transfers, or that the federal government already spends money in provinces at different rates.

central canada equalize

 

Kids Love Happy Meals

So naturally Ottawa needs to put an end to that.

Equalization 2018

King Trudeau?

king-trudea-sized

 

What if Justin Trudeau became the King of Canada?

I recently reread an old Hans-Hermann Hoppe essay entitled “On Theory and History. Reply to Benegas-Lynch, Jr.”

To summarize briefly, it responds to criticisms leveled against Hoppe’s innovative argument that absolute monarchy should, all things being equal, be less exploitative than democracy. The original paper in which this argument appeared and to which B-L directs his response is quite brilliant and is enough to make most people at least contemplate their long held prejudices (“democracy is bad but everything else is worse”). That paper is available here — it was used as the first chapter of Democracy: The God That Failed. 

Hoppe’s reply is very worth reading as it provides a helpful overview of how one should use economic or ‘praxeologic’ theorems to analyze history — and how one must take care when using history to evaluate such theorems.

It’s a shame this reply was not included as an appendix to Democracy: The God That Failed like Hoppe’s “Four Replies”  in The Economics and Ethics of Private Property.  It is classic Hoppe.

In his original critique, B-L attempts to score a rhetorical headshot against Hoppe by asking, basically, what would happen if Bill Clinton became King of America (remember, this exchange is from the 90s). Clearly, he thinks, that would be much worse than the status quo of America’s democratic system.

Unfazed, Hoppe describes why this would represent a huge improvement.

Just for fun, I thought I would adapt this section of Hoppe’s response to political milieu of the True North. Read on:

What if Justin Trudeau were to become hereditary king of Canada; wouldn’t this make matters worse than they are now with him as prime minister?

The answer is a decisive No.

First off, given Trudeau’s obviously high degree of time preference, by making him owner rather than caretaker of Canada, his effective rate of time preference would fall (as high as it might still be). More profoundly and importantly, however, the transition from a Trudeau prime ministership to Trudeau kingship would require substantial institutional changes (for instance, the abolition of Parliament and parliamentary elections, the elimination of the Supreme Court, and the abandonment of the Constitution), and these changes could not possibly be implemented without King Trudeau losing thereby most of his current power as prime minister.

For with everyone except Trudeau and the Trudeaupians barred from politics and political participation, and with Trudeau installed as the personal owner of all formerly public (federal) lands and properties as well as the ultimate judge and legislator for the entire territory of Canada, popular opposition against his and his clan’s excessive wealth and power would bring his kingship to an end before it had even begun.

Thus, if Trudeau really wanted to hold onto his royal position, he would d have to give up most of the current – democratic-republican – government’s property, tax revenue, and legislative powers. Even then, in light of Trudeau’s less than exemplary and shining personal history and family background, his United Kingdom of Canada would almost certainly be faced with an immediate upsurge of secessionist forces all across the country and quickly disintegrate, and Trudeau, at the very best, would end up as King Justin of Ottawa.

 

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