[Video] The Max Keiser, Don Harrold Interview (part 2)

Posted on September 25, 2009 by stacyherbert| 9 Comments

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9 Responses to [Video] The Max Keiser, Don Harrold Interview (part 2)

zmoore | September 27, 2009 at 5:49 pm |

Gee Mike I’m glad you spared your full wrath by using only one cap word. Didn’t you just tell some other commenter that you didn’t give a fig about what anyone said? Sorry to hit a nerve. I wasn’t responding to your comment but it was my own take on agreeing with MK. It’s not every day that someone calls me clueless, how refreshing, too bad it was only you.

I will agree with you but only obliquely. That is the Brains of the world will flow to where power and money are and that money and influence trump brains. However brains give the powerful more power which is to say that if power is shifting from the west the shift will be accelerated, multiplied and made permanent by the intellectual support structure
Mike King | September 26, 2009 at 7:13 pm |

@zmoore….. You are a clueless intellect utilizing past education without taking into account present information.
Brain drain and its entire topic is ABSOLUTELY irrellevant and a completely useless point of topic to what is going on and going to continue to go on exponentially in the coming 3 to 5 years. Brain drain is an issue of microscopic minimal importance to the problems to come. You need to get clued in and research more rellevant information before you write another 5 pages on “brain drain”. We are in the beginnings of massive global chaos with even the most intelligent people on the planet without a job.
stacyherbert | September 26, 2009 at 12:43 am |

@zmoore – you should also see Doha and Abu Dhabi; both genuinely rich Gulf States (unlike say Dubai or Saudi which only have enough oil wealth to share with a small elite); well Qatar and Abu Dhabi are pouring money into causing brain drains elsewhere with giant university campuses and modern hospitals and paying big money (tax free for all but Americans); and, yes, the academics I have met in Europe are pretty much evenly divided between those who went or are going to US and those seeking to go elsewhere; I imagine that is a big shift that 50% would be aiming to go East or Mid East
Bill Stewart | September 25, 2009 at 10:58 pm |

Ontario’s deficit for the last fiscal year was $2.5 billion higher than expected, driven by a 48 per cent drop in corporate tax revenue.

http://www.cbc.ca/canada/toronto/story/2009/09/25/ontario-deficit-higher235.html

The provincial budget in March forecast a deficit of $3.9 billion in the 2008-09 fiscal year ended March 31, 2009.

But according to financial statements released Friday afternoon by the government, the deficit for the year stands at $6.4 billion.

Corporate tax revenues for the year totalled $6.7 billion, the statements show. In 2008, the government had pegged that number at $12.3 billion.
‘Difficult choices ahead’

“As I’ve indicated in the past when we had numbers, we were very careful to say that there is enormous volatility in the economy,” Finance Minister Dwight Duncan told CBC News. “Corporate taxes are historically the most volatile tax, and that volatility has come through.”

Duncan also hinted that the government’s projections for next year’s deficit may go up. In March, he forecast a $14.1-billion deficit in 2009-2010.

“It’ll depend on whether or not what we have seen up until March of this year continues on and it also depends on how quickly government revenues get restored to where they were,” said Duncan, when asked about a possible change in that projected figure.

“One thing we know is that both growth in employment and growth in government revenues tend to lag growth in the economy. That’s been the experience after every major downturn in the last generation.”

The Ministry of Finance has predicted Ontario’s GDP will contract by 2.5 per cent for 2009 before growing by 2.3 per cent the following year.

The government has some “difficult choices ahead,” Duncan said, adding he would elaborate during his fall statement, expected in October.

He would not say if the government would stick to its plan to eliminate deficits by fiscal year 2015-2016.
Opposition questions Liberal credibility

The Progressive Conservatives said “it was no surprise” the Liberals waited until Friday afternoon to release the public accounts.

“Premier Dalton McGuinty has lost all credibility when it comes to managing the province’s finances,” said Opposition finance critic Norm Miller.

“We fell faster and harder than other provinces in this recession.”

The New Democrats charged that the government was always playing politics with its budget forecasts and should agree to set up an independent budget office like the federal government’s.

“Ontarians should expect an impartial budget document, not one clouded by partisan political spin like we’ve gotten from the McGuinty government,” said NDP Leader Andrea Horwath.

“Each and every update out of the mouths of the premier and the finance minister was rosy. It turns out their spin was far from the truth,” she said.

The province’s debt grew this fiscal year by $14.7 billion, which included some accounting practice changes, to $113.2 billion, according to the documents.

But Duncan touted his government’s management of finances, saying spending growth was brought to its lowest level in eight years.

Total spending for the year stood at $96.9 billion, an increase of 0.37 per cent from the previous fiscal year.

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Quebec writer Nelly Arcan dies at 35

http://www.cbc.ca/canada/montreal/story/2009/09/25/arcan-dead.html

Celebrated Quebec writer Nelly Arcan was found dead in her Montreal apartment late Thursday evening. She was 35 years old.

http://www.youtube.com/watch?v=32_RMD1FO_o

Arcan’s first novel, Putain, enjoyed critical success when it was published in 2001. It was a finalist for both the Prix Médicis and the Prix Femina in France. It was later translated into English under the title Whore.

She quickly became a literary star in Quebec and in France.

A spokeswoman for her publishing house Coup de tête, Myriam Comtois, confirmed Arcan’s death, but refused to elaborate on what might have caused it. But Montreal police said Friday they are treating it as a suicide.

Arcan had just finished writing a novel, Paradis clef en main, which was to be published by Coup de tête.

Montreal writer Pierre Thibeault worked with Arcan at the magazine Ici, and at TV’s Canal Vox.

He said Friday she was the most important feminist writer in Quebec in recent years.

But, he said, the young author tended to keep to herself.

“She was a mysterious person. She was a real writer, and what I mean by that is she was not talking much about her personal life or the work she was doing. If she was writing a book she was not talking about it to people. If she was writing it, she was keeping it to herself,” Thibeault said.

Arcan was born Isabelle Fortier in Quebec’s Eastern Townships.
zmoore | September 25, 2009 at 9:49 pm |

second try. Re Brain drain:
Since ~WWII the US has been the recipient of most of the world’s intellectual capital. First by Ge..man/J..ish scientists then by Ger.an scientists then by Rus and satellites, then by others notably Injian and Chinse fleeing comie or financial challenged countries. Most of the worlds undergrad, graduate and post graduate brains of the world came to the US looking to find safe and financially secure haven.

I attended a talk by some mucky muck from the xx research lab a 5 years ago and he was keenly aware of the position of the US and how they got there since WWII. He was concerned for the future ala reverse brain drain then, Bushie restricting H1-B visas etc. This cultural/economic advantage is now broken.

Yesterday, truly, I showed a colleague an interesting research paper in my field. Being a sort of international thinking guy he pointed out something that I didn’t notice. There were no US authors, or even US REFERENCES in the paper. It was Chinse authors, and a smattering of world references. I said in my parochial way, Oh the Chinse must self reference (to get published). He correctly said no it is just that the referencable work is all outside the US. There goes the scientific advantage of the US down the drain. That you don’t recover from easily.
zmoore | September 25, 2009 at 3:11 pm |

Re Brain drain:
The US, since the Second World War, has been the recipient of most of the world’s intellectual capital. First by German/Jewish scientists then by German scientists then by Soviet and then by Indian and Chinese fleeing communist or financial challenged countries. Most of the worlds undergrad, graduate and post graduate Brains of the world came to the US looking to find safe and financially secure haven.

I attended a talk by some mucky muck from the naval research lab a 5 years ago and he was keenly aware of the position of the US and how they got there. He was concerned for the future ala reverse Brain drain then, Bushies restricting visas etc. This advantage is now broken.

Yesterday, truely, I showed a colleague an interesting research paper in my field. Being a sort of international thinking guy he pointed out something that I didn’t notice. There were no US authors, or even US REFERENCES in the paper. It was Chinese authors, and a smattering of world references. I said in my parochial way, Oh the Chinese must self reference (to get published). He correctly said no it is just that the referencable work is all outside the US.

There goes the scientific advantage of the US down the drain. That you don’t recover from easily.
Mike King | September 25, 2009 at 5:27 am |

Brain Drain?? Who gives a damn about brain drain. This is not about the United States or its people. The country and its people are being utilized as a tool for accomplishing an agenda which is far far more important to them then the USA or its people. The conglomerate entity has absolutely no care about the future of the United States with respect toward succeeding with the paramount singular focused goal of establishing a new position for themselves as a global power. They have already succeeded in being far far above the power of the United States and has the elite gov. as their employees ! Who gives a shit about brain drain at this points.
gb | September 25, 2009 at 3:37 am |

part 3?
Max Power | September 25, 2009 at 1:24 am |

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This is not as bad as David Hicks of Adelaide being falsely imprisoned in Guantanamo for 3 years, but it in many ways is not an improvement. Canada has had its high court since 1947, but essentially had one during WWII.
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Abdelrazik sues Canada over forced exile

http://www.cbc.ca/canada/montreal/story/2009/09/24/abousfian-abdelrazik-sudan-lawsuit.html

A Montrealer stranded in Sudan for six years because the Canadian government refused to issue him a new passport is suing Ottawa for $27 million.

Abousfian Abdelrazik, left, at Toronto’s Pearson International Airport, when he returned to Canada after a six-year exile in Sudan.Abousfian Abdelrazik, left, at Toronto’s Pearson International Airport, when he returned to Canada after a six-year exile in Sudan. (Nathan Denette/Canadian Press)Abousfian Abdelrazik is filing a lawsuit against the federal government, and Foreign Affairs Minister Lawrence Cannon, alleging his right to freedom and security of the person was violated.

In the lawsuit, Abdelrazik claims the government “took numerous actions to harm him in that country.”

That included arranging his arbitrary imprisonment by Sudanese authorities and “encouraging or condoning his torture at the hands of Sudanese authorities,” according to the lawsuit.

As well, Canadian government officials actively obstructed Abdelrazik’s repatriation to Canada for several years and “acted in bad faith and callous manner at every turn, resulting in significant physical and psychological harm” to Abdelrazik, the lawsuit alleges.

Abdelrazik was visiting his ailing mother in Sudan in 2003 when he was arrested on suspicion of having ties to terrorists and being an associate of al-Qaeda.

The 47-year-old Sudanese-born man claims he was tortured during two stints in custody — one lasting 11 months and the other, nine months.

He was eventually freed, but his name remained on a United Nations no-fly list, and he couldn’t get a passport to replace the one that expired while he was in custody in Sudan.

Abdelrazik became a Canadian citizen in 1995.

Abdelrazik spent a year living in the Canadian embassy in Khartoum until a Federal Court judge ordered the government to bring him home earlier this year.

He returned to Canada at the end of June.

His lawsuit is demanding $24 million in punitive damages from the government and $3 million from Cannon.