Larry Summers Had the Power to Punish Wall Street. Now He’s Slamming Obama’s Gentle Treatment.

The Intercept
This would be funny, if it weren't upsetting. And there'll probably be another crisis in the future, along much the same lines as 2009, simply because not one insider wants real reform.

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The human 'superpredator' is unique -- and unsustainable, study says

Los Angeles Times I can't imagine the world in ten years time. Twenty years. It'll be different. As different as the world was even in my own childhood. As different as the world was from my parents' childhoods. My elders speak of our role on this Earth as caretakers. However, we've abandoned this role in favor of materialistic pursuits. Of finite beliefs that will quickly degrade into ash when stressed, as heated glass touching cold water. All cultures historically warn us away from over-indulgence, and yet our own modern society celebrates this behavior as exemplary. This self-interest is our fatal flaw. We take what we want, and we give nothing. This cannot last. There are limits on this Earth we cannot comprehend in full. It is simply too vast. However, what little we do know should terrify us into acting more responsibly, even if only marginally. However we do not even do that. Our leaders urge us on to continue on as we have done. This cannot last. Eventuall...

The On-coming Canadian Housing Market Crash

It seems inevitable now. What was propping up Canadian housing prices even through the worst of housing market crashes elsewhere were banking rules forcing Canadian banks to keep 100% coverage and investors fleeing into Canadian housing when all else was failing. The latter however now is ready to give. Canadian banks will likely be fine due to well-enforced banking rules, but the housing investors are done for. They've driven up prices so high in Vancouver and other Canadian cities that once the homes begin losing value, that'll be that. Value will sink like a stone into water and trillions of dollars will vanish overnight. Three quarters of the economy, at least. And that's probably the conservative estimate. There is exposure everywhere by a great many players of this financial game. All interconnected with a great many of these companies playing at being investment companies the same way Mom and Pop investors play at the game: without clue and context that they're ...

Justin Trudeau A 'Stunning Hypocrite,' Top Environmentalist Says

The Huffington Post Canada Some pretty harsh words. And accurate, too. What is the point of more pipelines? Their effect on the Canadian economy seems negligible, at best. At worst, they're sinkholes, employing some, but draining time, money, and manpower from other industries that'd be of more benefit to the Canadian economy as a whole. At some point, the Canadian government's simply going to have to give up on the tar sands. They're a money pit. Canada's days as an oil-producing nation are long over. There's more money being spent on the tar sands then Canada's recouping, now. And the days when barrels of oil were selling at or over $100 per barrel are never coming back.

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