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Posts Tagged ‘economic’

Canada has held its sixth place ranking out of 178 ranked countries in the conservative Heritage Foundation’s 2014 Index of Economic Freedom, with an overall score of 80.2 in the free category, with the U.S. dropping to 12th place, with an overall score of 75.5 in the mostly free category.

Canada exceeds the United States in 8 out of 10 components of economic freedom, being surpassed only in government spending and labor freedom:

Canada vs. the United States
Property Rights 90.0 vs. 80.0
Freedom From Corruption 87.7 vs. 72.0
Government Spending 47.3 vs. 48.1
Fiscal Freedom 79.7 vs. 65.8
Business Freedom 89.3 vs. 89.2
Labor Freedom 83.1 vs. 97.2
Monetary Freedom 76.3 vs. 75.4
Trade Freedom 88.3 vs. 86.8
Investment Freedom 80.0 vs. 70.0
Financial Freedom 80.0 vs. 70.0

For more on these rankings, see my past articles:

1) Will the United States fall off the top 10 list of most economically free countries, according to the Heritage Foundation?

2) Canada more economically free than the United States for fourth year in a row: Heritage Foundation

3) Once founded as a limited government whose powers are “few and defined”, the United States federal government is more centralized and expansive than Canada’s

4) Still think Canada is more socialist than the United States? — The joke’s on you?

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After taking nearly three and a half years to reach 100,000 views, FauxCapitalist.com has reached 200,000 views in under a year, on January 4, 2013.

As I said at the time, while some alternative media content farms reach this level of views in a single week or a month, I decided to provide a real solutions-oriented alternative for economic and political issues, with 100% original content, all without a single penny of advertising revenue, and that remains the case.

Since then, I started the radio program, Exposing Faux Capitalism, and have conducted 17 interviews, including some prominent figures in the alternative media.

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Steve FrankSteve Frank of CAPoliticalNews.com is scheduled to be on Exposing Faux Capitalism with Jason Erb, September 30, 2012, at 1 PM Eastern.

Steve has been covering California’s political and economic issues on his site since 2005, and he has always been well-informed the times I have heard him in the past on Dr. Stan Monteith’s Radio Liberty program.

California is a bellwether for the country, with its significant economic potential that is limited by increasing government intrusion.

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Thanks to my readers for making FauxCapitalist.com reach the 100,000 hits milestone since its inception in September 2008, which marked the start of the worst financial crisis since the Great Depression.

While some alternative media content farms reach this level of views in a single week or a month, I decided to provide a real solutions-oriented alternative for economic and political issues, with 100% original content, all without a single penny of advertising revenue.

I also wanted to provide a home for alternative Canadian content with an international perspective that I felt wasn’t being adequately provided anywhere else, as I think Canada has an important story to tell the world in charting a prosperous way forward in our increasingly globalized world, in the face of many organized threats to liberty and prosperity.

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Here are some of the big economic milestones of 2008:

– Gold broke through the $1000 USD an ounce barrier for the first time ever on March 13, 2008. http://news.bbc.co.uk/2/hi/business/7294040.stm
– Oil reached an all-time high of $147 USD a barrel on July 11, 2008. http://www.usatoday.com/money/industries/energy/2008-07-11-oil-friday_N.htm
– One of the big five U.S. investment banks, Lehman Brothers, survived the Great Depression, but filed for Chapter 11 bankruptcy protection on September 15, 2008. http://www.nytimes.com/2008/09/15/business/15lehman.html?hp
– The U.S. budget deficit reached an all-time high of $455 billion for fiscal year 2008 as reported by the Congressional Budget Office. http://www.cbo.gov/ftpdocs/99xx/doc9912/11-2008-MBR.pdf
– Toyota surpassed General Motors to become the world’s largest automaker in vehicles sold after GM held that position for 77 years. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/21/AR2009012101216.html
– Toyota reported its first publicly declared operating loss ever in 71 years of business. http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a13h4Myn37QA

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