George H.W. Bush likely won’t ever forget it, but sometimes we do. It’s the economy, stupid. Bush Sr. lost his shot at a second term as President of the United States in large part because Bill Clinton’s campaign manager James Carville (the Ragin’ Cajun) uttered those immortal (in political circles) words at the right time [...]
As we sit in our locked-down building in Toronto because of the proximity of the G8/G20 protesters, I thought it would be the right time to highlight what is happening in the global financial markets – specifically on capital market and investment banking regulation. The Global Bank Tax In many countries, most notably the US [...]
One of the trickiest things to pass in politics has to be the Smell Test. And it’s frightening, at times, to witness the extent of Dysosmia (also known as olfactory dysfunction) that exists. It’s not just the fake lake. It’s MPs “allowing” the Auditor General to review their expenses, but rejecting a permanent move toward [...]
Rate hike not a certainty In 2007, when the credit crisis hit, and began to broaden into a wide-spread meltdown affecting financial markets and the global economy – the world’s central bankers acted swiftly and in a coordinated fashion. It was this coordination that dampened the recession and limited the potential catastrophe, and it is [...]
Canadian interest in UK elections used to be the exclusive preserve of political junkies, anglophiles and the kind of people whose nights at the tavern were spent arguing about a return to the Red Ensign. Not exactly the mainstream, but enough in most years to justify CPAC providing tape delayed coverage between 2:00-4:30 am the night after the election. (By the way, I am partial to the union jack, but otherwise we’re talking about my people.)
Here’s the problem for the Liberal Party of Canada: “The economy expanded at the fastest pace in three years in January, led by manufacturing, wholesaling and construction. That followed fourth-quarter growth of 5 percent that exceeded the Bank of Canada’s 3.3 percent estimate”, according to current media reports. Nobody saw this one coming, not even [...]

