Archive for the ‘economy’ Category

lessons

16, Jan 2010

We love cheap stuff! We love it so much that we’re perfectly willing to let people in different countries (as long as they  have different coloured skin) work in places we wouldn’t even walk through – places like the ones we striked to outlaw 50 years ago, for wages that were so horrible that we [...]

convenient

13, Jan 2010

I’m enjoying the outpouring of sympathy for the natural disaster in Haiti, from the entire Western world. It’s like, sure, your country was famous for its underdeveloped infrastructure and poverty and disease, but that was your fault. An earthquake that destroys hospitals full of those HIV-riddled children we didn’t give a crap about yesterday? GET [...]

minimum

16, Dec 2009

Economic experts (ie: people who have never worked for a living, but like to talk about it a lot) are talking about what a boost to the economy lowering the minimum wage would be.
Actually, though, the argument works even better if you talk about lowering the maximum wage. Then we can hire more CEOs, at [...]

flat profits

3, Dec 2009

TD is reporting FLAT PROFITS!
OH MY GOD.
Wait, what? They made the same amount of profit that they did last quarter? Stop the presses…?
The Toronto-based bank on Thursday reported net income of $1.01 billion during the three months up to Oct. 31, 2009. That’s slightly down from $1.014 billion during the same period a year earlier.
But [...]


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