I hope everyone had a great Christmas. After a daring battery run to Walmart on Saturday morning, we met up with the Sieberts for coffee/tea and to exchange gifts and Christmas cheer. After that we headed out to Warman to Lee and Brittany’s place for Christmas Eve dinner to open gifts. Wendy talked about the [...]
Germany
When do you stop spending?
Jim Flaherty said today that he would spend to defend Canada from another recession. Under questioning from opposition MPs, Flaherty said for the first time that the Conservative government would move in with another round of stimulus spending if the world economy suffers a double-dip recession. “We would obviously do what is needed” if there [...]
Defense Spending by GDP
The Economist has an interesting article on defense spending by GDP. ON JUNE 8th China’s top military brass confirmed that the country’s first aircraft carrier, a refurbishment of an old Russian carrier, will be ready shortly. Only a handful of nations operate carriers, which are costly to build and maintain. Indeed, Britain has recently decommissioned [...]
The end of multi-culturalism?
I was quite discouraged to read these comments by German chancellor Angela Merkel. Mrs Merkel told a gathering of younger members of her conservative Christian Democratic Union (CDU) party on Saturday that at "the beginning of the 60s our country called the foreign workers to come to Germany and now they live in our country… [...]
