Excited Delirium

Stories about Excited Delirium, the Shock Economy and a little fiction here and there.

Canada Declares War on the UN?

Yesterday, in a shameless and defiant act against the UN, Israeli forces mercilessly pounded a UN-funded Palestinian school in the Gaza strip.  While the number of dead are unconfirmed, most will likely be children. Story here .

Israelis and other claim that the Hamas were using the school as a ‘shield’.  It’s very possible, but still doesn’t vindicate this kind of wrath.

By definition, this should be perceived as an act of war against the UN.  UN Secretary Ban Ki-Moon has declared that act "completely unacceptable".

Canada, it seems has also declared an act of war against the UN by showing support for this Israeli action, blaming the Hamas on the deaths of dozens of innocent civilians .

Canada’s junior foreign minister, Peter Kent, said that despite sketchy details on the school strike , it is clear that Hamas "bears the full responsibility for the deepening humanitarian tragedy.

"We really don’t have complete details yet , other than the fact that we know that Hamas has made a habit of using civilians and civilian infrastructure as shields for their terrorist activities, and that would seem to be the case again today," he said in an interview.

He added: "In many ways, Hamas behaves as if they are trying to have more of their people killed to make a terrible terrorist point."

Without full information, members of the Harper regime are quick to blame.  Mr. Harper has said nothing.

Under the Harper regime, Canada has failed yet again to show impartiality towards these situations in the Middle East.  Canada used to be an objective leader.

Shame on you Mr. Harper.  Shame.

China to Reduce $US Transactions

Please note:  the opinions expressed in this blog do not constitute financial advice.  Any investment action that you take in response to this article or other articles on this blog (or other blogs, for that matter) should be done with the support or review of a registered financial advisor.

The government of China has announced that it will reduce the volume of $US transactions, mainly out of a requirement to protect local economies from the volatility of the American currency.

A full story can be found here .

In the past, I’ve argued that the US dollar has a lot of depreciation ahead of it.

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