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Archive for January 22nd, 2009

Consumption is patriotic

January 22nd, 2009 | Comments Off

Officials in one of the world’s largest countries are telling citizens to shop-till-you-drop for the good of the nation. Buying personal big-ticket items is patriotic. Which country could that be? It’s the world’s largest country: China. From a report in the Shanghai Daily: “Buy an apartment, and you are patriotic,” says a local Chinese official [...]

Government economic policy: Throw money

January 22nd, 2009 | 1 Comment

Several business columnists and economists suggest that economic policy makers in Canada, the US, and elsewhere don’t know what they’re doing.  First up, Terence Corcoran of the Financial Post: Timothy Geithner, President Obama’s nominee for Treasury Secretary, said yesterday that the Obama administration will unleash a “comprehensive plan” to respond to the economic and financial [...]

Tyranny of tolerance in Netherlands

January 22nd, 2009 | 8 Comments

A Dutch court has ordered MP Geert Wilders to stand trial for his film Fitna that was harshly critical of Islam. One does not need to agree with everything said in the film to recognise that this is a chilling attack on freedom of speech completely contrary to Holland’s reputation as a progressive and liberal [...]