Election Day minus 36 - Breaking through

Day 2
It's still freezing cold outside, a bit too early for door knocking, but that will be necessary shortly.
The mainline parties have made it difficult to topple them any time soon. Using their legislative clout over the years, the main parties that are already comfortably seated in the House of Commons Ottawa, have created several roadblocks to prevent a proliferation of frivolous contenders.
In each riding across the country, every prospective candidate or his/her representative must put up $1000.00 in order to run for office. That's not a problem for the larger parties, flush with donations from expectant supporters. But for the smaller parties like us, it is a roadblock. The money is refundable however, if each candidate or representative completes the required paperwork and follows the rules, but few libertarians like those kinds of rules.
That's not all, each candidate or his/her representative must obtain the signatures of 100 eligible citizens within the riding in order to stand for election. Again, for the main parties not a problem, they do it at their nomination meeting by passing around the form. For the little guys, well, we have some door knocking and a bit of cajoling coming up, I hope some warm weather arrives this week.
Meanwhile a friend to the west has produced (with a bit of help from me) a promo YouTube video that tries to differentiate Libertarians from the Statist parties (the rest of them). Here it is, I love it:

  

What if China suffers an economic collapse?

A Facebook friend posted a link to an Australian website the other day that carried a story called "China's Ghost cities." It's the kind of story that would make anyone who knows anything about Austrian economics cringe. I know a bit, so I cringed when I saw it, but it wasn't a surprise to me, I knew the story already.
I have written about China before, here and again more recently here. An excellent article in Canadian Business Magazine (issue cover is pictured) by Jason Kirby (who has some Austrian economics credentials) called China's Coming Collapse, outlines what he believes will be the eventual demise of the economic miracle that seems to be happening in China.
This is a perfect example of how central planning in an economy creates massive distortions that eventually need to be rectified. The distortions cannot continue for long, and the scary part is, what will happen to countries like Canada that supply commodities to places like China? When, not if this collapse happens is the only thing I think that is questionable. Have a look at the video link on ghost cities above, its quite stunning.  

Election Day minus 37 - Lies from the Conservative elite

May 2, just 37 days from today has been set as election day in Canada, the fourth election in just seven years.
Aside from the government defeat for contempt of Parliament yesterday, the most interesting line for me, came from the leader of the separatist party when he pointed out in French: "The Minister of State for Science and Technology (Gary Goodyear) is a creationist and believes that dinosaurs walked the earth with humans. He thinks that The Flintstones was a documentary and Dino was the star." Thats right "science," the guy is a chiropractor, so that should tell you something about the Harper Conservatives. Science and Technology is a department that to my way of thinking a Libertarian government would eliminate completely even though I'm not sure what they do. What I do know is that they likely contribute to overspending, and that private interests would do a better job.
Speaking about overspending, I almost choked on my morning coffee reading David Frum's column in the National Post (the Conservative newspaper). David Frum was once a speech writer for the POTUS George W. Bush, and is alleged to have authored the famous phrase "axis of evil" in a Bush speech. Today Mr. Frum suggests that the question in this election is "Who should be trusted to manage the economic recovery - the people who want government to spend more or the people who want government to tax less?" The implication being that Conservatives spend less, which is not quite true.
Last week that same newspaper showed that Conservatives have actually spent more historically, and increased our debt-load more, than did the Liberals.
The graph from that Post article shows Conservative governments in blue and Liberals in pink. During the Mulroney government from the 1984 to 1993, debt rose dramatically in terms of inflation-adjusted dollars or as a percent of GDP. The Chretien-Martin years (1993-2006) at first showed an increase then a dramatic decrease as government actually shrank. The Harper Conservatives at first benefitted from the Liberal surplus, then began spending recklessly themselves so that they are now in worse shape than when they took office.   
Mr. Frum points out that we have had a bit of a financial crisis world-wide, as if the Harper Economic Action Plan made a difference to our recovery. Mostly it just increased our debt, as you can see on the graph. Mr. Frum also asks voters to give Harper a majority, because as he states "minority governments are vulnerable to blackmail." If that was true then what was Mulroney's excuse in 1984 with the largest ever majority in Canadian history? Look at the jump in debt on the graph. Who was blackmailing Mulroney to spend? Lies are lies.  

Forget Earth Hour, its Human Achievement Hour! HAH2011

Annoyed with the TV/radio media people encouraging you to sit in a dark room for one hour tonight? I am.
I have twice written about Earth Hour, 2009, 2010. But this year I am encouraged that the green revolution is losing support. I hope people are starting to get it, electricity is not evil, and using it is not evil, and in fact if you live where I live, in the Great White North, it was minus 10 Celsius this morning with a windchill around minus 17C. For those of the US persuasion, that is about 12 degrees F but feeling like zero. Electricity is survival, it's not a luxury, just ask those poor people in quake ravaged northeastern Japan today.
If you want to spend some time celebrating human achievement rather than darkness tonight, fire up your computer and join the party by visiting visit this website at 8:30 pm local time (actually starts at 8pm EST).
If you need some more convincing, then read this eloquent "Dissent" from one of our local economics professors, Ross McKitrick who "likes visiting nature," but doesn't want to live there.