I just viewed the video that was given as the first link in this message. Premier Stephen McNeil is a good speaker. I actually cast my ballot for him while I was still a member of Canada's Liberal Party for him to become the provincial leader of the Liberals. The video is certainly well done and the PDF file on the costs does look impressive. I sent two e-mails to my local Member of Parliament a week or so ago that goes into what I feel is at the core of the disagreement between the Teachers Union and the governing Liberal Party. I gave a quotation as well as the link to an article by three economists who did an excellent job of explaining the simple mathematical formula that is at the core of the vast majority of government cutbacks since 1974. I also quoted the same writing in my 2008 Municipal Councillor primary campaign writing. www.BankingSystemsFlaws.blogspot.ca/ Subject: Government Update on Teachers
For the record, my memory somewhat failed me in my statement that these three economists were working for University of Toronto. I corrected that error in my second message to my M. P. Mr. Sean Fraser.
Here is my second message to my local Member of Parliament that was also forwarded to several teachers active in the union or in politics.
The late national leader of Canada's New Democratic Party does a brilliant job of summarizing this subject in only one paragraph! http://www.politicalforum.com/canad...tional-leader-canadas-conservative-party.html Oh Canada Movie 6 - Banking - 5 https://www.youtube.com/watch?v=i1HfKIvmZGU
Economist John Hotson, (who I quote in post #2), does a great job of explaining how this topic relates back to Canada's ability to finance what we should do to not only hold up our end of the stick but even go above and beyond the call of duty, when it comes to the research and development needed to switch our economy over to a truly green and sustainable model. http://www.politicalforum.com/polit...eform-our-unsustainable-financial-system.html How can we now reform our unsustainable financial system?
I don't want to scare you...... but through this forum I met one of the most astounding intellects that I have ever ran into through online discussions. His analysis of the probable long term effects of climate change are the most succinct, and I believe accurate that I have ever read. http://www.politicalforum.com/envir...long-term-effects-climate-change-logical.html Is this analysis of the probable long term effects of climate change logical? I believe that the following statements are logical and accurate! I think that we desperately need to make some serious changes. ....... It has NOT been a carbon tax or cap and trade system that I have been promoting though since 2007. http://www.politicalforum.com/polit...t-work-fast-enough-address-wais-collapse.html A carbon tax will NOT work fast enough to address WAIS collapse.
I am a cleaner for a Nova Scotia school board and I wish to issue a challenge to three Nova Scotia Unions. I campaigned for the office of Municipal Councillor in the 2016 election and Mr. Corey LeBlanc did an excellent job of explaining my primary objective in an article in the October 5 issue of The Casket. https://www.facebook.com/groups/1917794821781165/ Dennis Tate 4 Sherbrooke Municipal Councillor. http://www.thecasket.ca/wp-content/uploads/2016/10/October-5-edition-for-website.pdf Tate to run in District of St. Mary’s For starters.... I wish to extend an invitation to President Barack Obama to visit our area after he retires in January of 2017. I will be passing this on to our M. P. Mr. Sean Fraser and I am hoping that he and Prime Minister Justin Trudea will make this invitation official. http://www.politicalforum.com/elect...ident-obama-remember-antigonish-movement.html President Obama, remember the Antigonish Movement? ........ The flawed central banking policy initiated by Prime Minister Pierre E. Trudeau in 1974 was good in the sense that Canada had to be taken off the gold standard, but it was a seriously flawed plan that caused the national debt to spiral out of control, it dampened the economy, (which technically tends to be good for the environment)...... it decreased the cost of hydro- electric power from Churchill Falls to Quebec, (which helped to keep Quebec politicians a little less angry and less likely to attempt to initiate independence from Canada), and perhaps most importantly, HIS POLICY APPEALED TO PEOPLE WHO WANTED UNIONS BROKEN!
The three unions that I wish to issue a challenge to are: 1. NSTU, the Nova Scotia Teachers Union 2. Local 50 of the Nova Scotia Government & General Employees Union, (They represent the workers at Sherbrooke Historic Village). 3. My own union..... CUPE local 955 I want to introduce you to a writer who has a film series concept that I believe could be done partly through some sort of film production cooperative or company set up by workers at Sherbrooke Village, who would like to assist with the following and some related proposed film projects. http://www.politicalforum.com/creative-corner/473241-film-proposal-journal-elizabeth-smith.html Film proposal: Journal of Elizabeth Smith
As all of us have observed.... the human tendency toward belief in some form of aristocracy..... has not entirely ceased from the earth......... We probably all know of people who regard degrees in certain fields as being more valuable than other degrees..... We can also guess that the first classes to get cut from Nova Scotia schools would tend to be the Music, Drama or Art. Here is a statistic relevant to climate change that is unlikely to be quoted by most political leaders..... due to to some degree to their suspicion that YOU CANNOT HANDLE THE TRUTH! This statistic explains why so much melting, cracking and sliding of ice off the massive land based Greenland Ice Pack as well as the world's glaciers could have happened and yet...... ocean levels don't seem to be up all that much. My point is that perhaps our students...... and their children.... and their children's children..... are in REAL DANGER..... and we cannot depend entirely on political leaders to let us know how serious the danger really is or.......... rely on them to explain how monetary policy could perhaps be looked at differently so that effective ways of addressing climate change could be financed for the benefit of 99% of all humans on earth......(I have to admit that lawyers with a background in environmental science could in one sense lose money if practical solutions that could actually work quickly were decided on over a carbon tax or cap and trade system that would almost certainly make thousands, if not millions of lawyers, EXTREMELY WEALTHY)! http://www.habtheory.com/1/100.php
I received an update from Nova Scotia's Liberal Party regarding the Tearcher's Strike: For the record my own answer to the poll above was: On one level...... I have to admit that if one child was hurt today or tomorrow due to being dropped off before teachers Working to Rule were able to supervise that child........ then this action by Premier Stephen McNeil...... although it seems rather drastic at first.......... would in that light, I suppose be a relatively wise preventative measure. On the other hand....... Premier McNeil seems to be playing a bit rough and wishes to make the NSTU look bad....... but I am hoping that this rather drastic measure indicates that Premier McNeil is planning on now negotiating with the NSTU in a manner that will probably lead to a relatively quick resolution to the Strike. To my thinking this also implies that he plans to make what he believes is a fairly good offer shortly. I did the best that I could to explain the results of flawed banking policies on our economy in my 2006 campaign for the office of M. L. A. in Pictou - Centre as an independent. http://bankingsystemflaws.blogspot.ca Since 2006 I have found out that the actual change was made in 1974, not 1970 as I wrote back then. I also took the liberty to update several of the links that were no longer working. NSTU members and all M.L.A's need to read this article to know what is really happening. This is not something that Premier Stephen McNeil has caused........... this is the inevitable result of a serious error made by Prime Minister Pierre Elliott Trudeau back in 1974. http://www.michaeljournal.org/plenty34.htm For the record..... the minting of a Nova Scotia coin or even a currency note, may be possible. Ten USA States are considering this option for similar reasons to those that I gave in 2006. http://money.cnn.com/2012/01/17/pf/local_currency/index.htm?iid=F_Jump
In my opinion a lot was accomplished over these past few days. Premier Stephen McNeil and his team deserve credit for deciding to close schools today because there was a real possibility of a student being injured if they had showed up early to a school, or stayed late after school and found that they were unsupervised. The NSTU, in my opinion, was wise to concede on this particular point quickly, so that schools could re-open tomorrow, Tuesday December 6. I believe that the NSTU made an important point and forced all of us rethink how valuable it is to us that some teachers are in schools by 7 am each morning and several of the other teachers are still in schools to 8 pm, 9 pm and even 10 pm or later when necessary. As a cleaner in various schools I can testify that a high percentage of teachers go far, far, far, far beyond the call of duty. No taxpayer ever receives a bill for those tens of thousands of hours that teachers donate to their students annually all across the province. About a year ago my daughter told me specifically about one of her classes that she termed her favorite. The teacher in question is conspicuous for staying 3 or more hours after school to prepare classes for the next day, 3 or 4 days out of five. He is also active in the NSTU. The extra work that he puts into preparing for classes is obviously paying off for my daughter to say that his class was one of her favorites. http://www.cbc.ca/news/canada/nova-...ation-karen-casey-contract-students-1.3881932 Nova Scotia schools to reopen Tuesday after pact reached with teachers union over student safety By Michael Gorman, CBC News
I just got an excellent PDF that I feel Nova Scotia teachers should take the time to read. http://www.lop.parl.gc.ca/content/lop/ResearchPublications/2015-51-e.pdf How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects
I just got back a brilliant explanation as to what is really wrong with the Canadian economy. http://www.politicalforum.com/showthread.php?t=489623&page=6&p=1066963187#post1066963187 I also want to leave you with a truly helpful video interview that I have already listened to twice. It is so encouraging to know that some experts are attempting to inform us non economists about what can be done. https://www.facebook.com/RealProgressive/videos/1729521777377245/?__mref=message Live with good friend and fellow MMT aficionado, Chris Brown
Thank you, Dennis, again, for the kind words. being from the US I'm a lot more familiar with our system than that of Canada's. The biggest difference I'm aware of (today) is how we set interest rates. The US has a 10% reserve requirement, Canada has none, however, it's relly important to understand that the reserve requirement is just a mechanism by which the Fed controls interest rates. I run across a lot of people that believe that reserve requirements are a "reserves" of cash that banks hold in the event of bank runs. This simply isn't true and it's not how the banking system works. The other thing that people generally believe is that the "market determines the interest rates based on the supply/ demand of loanable funds". Again, this is another myth held over from the period prior to 1971 when the US formally broke from the gold standard. Today banks aren't constrained in making loans by a number of customer deposits or by the amount of reserves they have on hand. There are three basic things that constrain a bank when it wants to lend in order of significance. 1) Credit-worthy borrowers 2) Regulations that can increase or decrease the regulations that determine what a "credit-worthy" borrower is. That is, if the government decreases standards, there will be more credit-worthy borrowers, if it increases standards, there will be fewer. 3)The banks operating capital. This is harder to describe to the layperson as there are several "layers", so I will just say very briefly, that banks must have investors who invest with their "real" money. A bank must have more capital than it has liabilities. Thus, there is no crowding out of lendable funds when the government borrows. However, I believe that it is, however, possible for the government to crowd out resources, but that's another issue entirely with certain positives and negatives.
I deeply appreciate this informative reply Econ4Every1. Back in the 1990's I read quite a bit on this topic. At that time it was stated that the USA Federal Reserve was performing much better than their counterparts here in Canada in that in many years, the Canadian Banking system produced ten times, one thousand percent more debt in existence than money, whereas in those same years the USA Federal Reserve system was producing only about three times, three hundred percent, more debt than money created in that year. By that criteria it could be stated that the USA Federal Reserve was performing so much better than their counterparts up here that our financial analysts should be taking a look at what they can do to become more competitive. http://www.politicalforum.com/polit...ence-federal-reserve-doing-excellent-job.html I just read powerful evidence that the Federal Reserve is doing an excellent job. (My apologies Econ4Every1 if it appears that I am yelling at you but I actually wish to draw the attention of many of my friends to that one sentence that has the potential to alleviate much of their anger and fear about what is happening and why).
Econ4Every1...... over in another discussion another poster asked a question that I am rather hoping could be useful here in Nova Scotia? http://www.politicalforum.com/showthread.php?t=490114&page=5&p=1066971410#post1066971410 Thread: Macro economics. I will plead guilty..... I am having pretty much this exact "crazy idea?"
Much as I am contacting experts online, I also took the initiative to write directly to M.L.A. and Progressive Conservative Leader Mr. Jamie Bailley on December 19. Here is the text of my message, (that incidentally I began to write while it was still December 1. Subject: M. L. A. Jamie Baillie, regarding teachers strike. Dennis Tate .......... December 18, 2016 Honorable Jamie Bailie: I've made quite a few statements on a public discussion forum regarding the NSTU conflict with the N. S. government and I would love to get some feedback into this discussion from somebody who is more well informed. http://www.politicalforum.com/canad...pdate-teachers-nova-scotia-liberal-party.html Subject: Government Update on Teachers (Nova Scotia Liberal Party) I should especially draw your attention to page 2: http://www.politicalforum.com/canad...ate-teachers-nova-scotia-liberal-party-2.html Thank you for considering this aspect of the situation Mr. Baillie. Kind regards. Dennis Tate p.s. Here is a proposal that I have put forward that I believe could be useful to you: http://www.politicalforum.com/canad...servative-party-volunteerism-hour-dollar.html Proposal for the creation of a Conservative Party Volunteerism Hour or Dollar.
Last week I was pleasantly surprised..... and quite frankly emotionally moved to receive a reply directly from Hon. Jamie Baillie, FCPA, MLA Leader of the Opposition Sent: Tuesday, January 3, 2017 2:46 PM Subject: Re: In response to your email of December 19, 2016 (I plead guilty to using perhaps an extra large font for Mr. Bailley's message because frankly....... this is one of the most thorough replies that I have ever received from a major political leader.... and..... I am extremely impressed that he replied directly to me).
Here is my reply to Mr. Jamie Baillie: Re: In response to your email of December 19, 2016 Dennis Tate ....... January 5, 2017 http://pcparty.ns.ca/about/ Jamie Baillie, Leader of the PC Party Honorable Minister Mr. Jamie Baillie: I deeply appreciate your e-mail Sir. Frankly I am emotionally moved that you took the time to personally reply to me. May I copy and paste your thoughtful and encouraging response into this public discussion where I post a reply that I got explaining your options further? May I forward your response to .........., (teachers at St. Mary's Academy and Education Centre where I work as a cleaner)? Please feel absolute freedom to forward any statements that I made publicly in that discussion thread, or in any e-mail, to any concerned individual who you feel are trying their best to assist the NSTU and Premier Stephen McNeil to reach a win, win, win agreement. I will leave you Sir with a quite amazing but concise explanation of what options are open to us as well as a video interview by Mr. Chris Brown who does a great job of explaining Modern Monetary Theory and how it relates to the the situation that we are attempting to address. I have already listened to his interview three times. Much thanks for your consideration of this information. Dennis Tate p.s. here is a link taking you directly to the comments on our situation by economist Mr. Chris Brown: http://www.politicalforum.com/showthread.php?t=486137&page=2&p=1066963234#post1066963234 Thread: Subject: Government Update on Teachers (Nova Scotia Liberal Party)
Well this is certainly a logical analysis of what is going on! https://www.localxpress.ca/opinions...inking-in-nixing-contract-offers-twice-434561 GRANT FROST: What were Nova Scotia teachers thinking in nixing contract offers twice?
Econ4Every1..... am I naïve to think that by getting a higher percentage of Nova Scotia's teachers and political leaders more well informed about the Worgl, Austria local money experiment could set in motion a series of events that could lead to this situation being resolved? http://www.whatcomwatch.org/php/WW_open.php?id=717 It seems that one of the only ways that socially active people can get politicians to alter their policies..... is to prove that people can solve their problems without their leadership? Yes.... the circumstances that resulted in the Worgl, Austria Scrip being accepted by business and individuals in that city......... and the circumstances that resulted in this model being replicated all over the USA is so different than how things are right now...... but it seems to me that socially and politically active people do need to know of the examples that prove that government policies can be altered for the better. If Irving Fischer Ph. D. had not gotten people in those communities inspired..... there would probably not have been any FDR "New Deal."
We discussed local currencies just briefly, but I wonder if, in the long run, it creates as many problems as it solves. Remember, the economy is kind of like a swimming pool. It's best when it's filled up close to the top but not overflowing. The government's job is simply to monitor the level of the "pool" and turn on the faucet (new money) or open the drain (taxes) in order to keep the "pool" filled to the optimal level. Local currencies might make for an improvement in one locality, but it might result in things being worse somewhere else. I'm not entirely against what you're doing as I really don't have any evidence on how it will affect the economy overall, but the one thing I have learned is that every transaction in the economy can be viewed from at least 2 points-of-view. It's very easy to see a positive and miss the negative. One of the best examples is the idea of "saving money". Nothing wrong with saving money, right? But when a person decides to save rather than spend, someone isn't earning an income they otherwise would have. The Marco Economy is about looking at economics mostly from a national level. About making the nation strong so all it's citizens can get in sync and share the benifits.
This is again..... a phenomenally good answer..... Econ4Every1 yes.... I admit it..... local currencies can create certain problems..... Something that I have been meaning to put in front of you my friend is the pdf file done up by Premier Stephen McNeil and his team...... Subject: Government Update on Teachers, (Nova Scotia Liberal Party), update sent out to members, and as in my case, former members of the Liberal Party: Econ4Every1...... it seems to me that Premier Stephen McNeil is attempting to be like President Abraham Lincoln in at least one way...... He is attempting to be fiscally responsible and he doesn't want to saddle Nova Scotia taxpayers with a bill that could be in the range of 1.556 BILLION DOLLARS Canadian! Please notice the link to a pdf on the word "here." Premier McNeil.... seems really scared of such a large number...... which is exactly what his teachers and mentors, at home, at school, at university, and in his various businesses that he was involved in, mentored him to do. He is a sincere guy who is scared of a number..... that to him seems extremely large..... so in way... he is much like President Lincoln, at least according to an article by Mr. Melvin Sickler. http://www.michaeljournal.org/articles/politics/item/abraham-lincoln-and-john-f-kennedy ....... ........
So what is the specific challenge that I want to put out there to the NSTU, the NSGEU and CUPE? That we seriously discuss printing up some sort of "Volunteerism Hour" similar to Tamworth Hours that would make it easier for us to cooperate on win, win, win, win projects that would almost certainly benefit members of all three unions? ..... also... .if you will scroll back to page one..... post #3....... I have a rather scary theory to put in front of you.... .that I don't even want to write..... but it has to be said........ .......
This is interesting indeed! http://www.cbc.ca/news/canada/nova-scotia/nova-scotia-teachers-union-contract-details-vote-1.3951275 Opinion Teachers wanted bread, but got crumbs in new contract: Graham Steele