clearly, the narrative is “record profits mean gouging!” but this is a ridiculously facile and illiterate claim.
it’s pure playing to the peanut gallery.
inflation drives the nominal value of everything, including profits, higher. if a company once had $100 in revenue and $5 in profits and these numbers grew to $150 and $7 in profits, sure, that’s “record profits” but if inflation was 50% in that period, it was a drop in profits in real terms. it was also a drop in margins. what was a 5% profit margin is now 4.7%. that’s the opposite of gouging, that’s margin contraction and lower real profits. and that is what we are seeing across the US right now. businesses are not gouging, they are taking it in the chin to protect the consumer.
https://boriquagato.substack.com/p/price-gouging-is-a-nonsense-narrative
It is pathetic when you have 5 running for mayor and 24 for city Councillor and you can't come up with 8 you would vote for for Councillor. I pass by if they are a civil servant or don't know the responsibility of the different levels of government. This is Red Deer. I have been waffling on Mayor but have finally made up my mind. Two former city Councillors are HELL NO's and hope to see their asses in rear view mirror.
Abolish the teachers' unions
Alberta strike cancelling classes across the province shows unions have far too much power
https://nationalpost.com/opinion/carson-jerema-abolish-the-teachers-unions
Tamara & Chris sentenced. The Message is Clear: Dissent is Now a Crime.
Writer: Timothy Knight
Timothy Knight
1 hour ago
2 min read
ree
Tamara Lich and Chris Barber got 12 months of house arrest today for “mischief.”
Not violence.
Not property damage.
Mischief.
Peaceful Canadians—criminalised for daring to speak out. The same justice system that drops charges for real crimes and lets violent offenders walk free spent three years trying to break two people who stood for freedom.
The Crown had outrageously demanded seven years in jail to make an example out of them.
Why?
To warn you.
To scare anyone who might ever peacefully defy the state again.
Even the judge admitted Chris Barber “came with the noblest of intent” and never called for violence.
But it didn’t matter. They needed bogeymen.
We remember all the others:
Maxime Bernier was handcuffed in Manitoba for speaking at a peaceful rally.
Mark Friesen was fined thousands for organizing gatherings.
Randy Hillier saw convoy charges stayed after years of harassment.
Todd Dube was ...
