Tag: Democracy Posts

Inflating Our Way To Civil Unrest

Finance

When the protests started in Egypt, they were over something relatively benign: the increased costs of basic food items. That led to full on revolts, and the eventual toppling of the government in Egypt. We now see what’s happening in Libya, and it’s possible that these are just the first few pebbles in what will undoubtedly be a much larger avalanche. People who are hungry are motivated for change. Make no mistake, the increased costs of commodities and food is in large part the result of the United State’s loose monetary policy, especially concerning QE1 and QE2. You simply can’t double your entire money supply overnight and not see consequences. The US runs a trade deficit every year, which means that it buys more items from other countries than they buy from the US. The net result of that is that US dollars flow out of the United States and […]

On Democratic Rights During The Olympics

 Journal

This morning I got to walk along Robson Street and watch the protests as they occurred. Given that I saw first-hand how the police officers and the protesters interacted, I thought I would make a few comments. First, it is everyone’s democratic right in Canada to be allowed to protest peacefully — these rights are protected by the Canadian Charter of Rights and Freedoms. That said, you are not allowed to protest violently, or to break any of the normal laws of this country while in the process of protesting. Vandalism and destruction of property are not forms of protest, they are forms of violence. For the most part, I didn’t witness any altercations between the police and the protesters. I was actually surprised when a few protesters knocked over some newspaper bins that the police didn’t intervene. I suspected that the police were waiting for more people, or perhaps […]