http://www.politonomist.com ƒ(supply, demand) Tue, 08 Nov 2011 08:09:30 +0000 http://backend.userland.com/rss092 en Despite being put under IMF monitoring, there is no hope for Italy to receive bail-out money. Borrowing rates are soaring in the country, and word from the G20 summit in Cannes is that there is not enough money left to bail out the large Italy economy. Italy is now operating ... http://www.politonomist.com/is-italy-next-002707/ In the first weeks of Harper's majority government the Conservative Party of Canada has started to push for it's tough on crime legislation. The new omnibus bill would institute stricter penalties for possession and trafficking of illiict drugs. Under the proposed bill someone growing more than 201 pot plants in a ... http://www.politonomist.com/harper-gets-tough-on-drugs-supreme-court-saves-insite-002701/ With gold at a record $1602 an ounce, there is little doubt that the world has lost faith in the global economy. The United States has still not reached a deal to raise its debt ceiling, which may lead to a default on loan payments come August 2nd. The crisis ... http://www.politonomist.com/gold-rallies-as-americas-debt-crisis-reaches-standstill-002652/ While it seems like there is little talk about Democratic candidates for the 2012 presidential election in the United States, there is an outpouring of potential and declared candidates for the Republican primary. The following is an overview of each candidate’s policies, status and a prediction on their success. Name: ... http://www.politonomist.com/gop-presidential-nomination-2012-candidates-002639/ The debt crisis in Greece is starting to affect the rest of the Eurozone, which could have disastrous effects not only on Europe but the world over. Italy’s fragile recovery has been put on warning from Moody’s that its’ credit rating is under review for the next 90 days. This ... http://www.politonomist.com/greeces-instability-could-be-spreading-002610/ The Hart-Devlin debate is one of the most well-known arguments in legal philosophy. Named after H.L.A. Hart and Lord Patrick Devlin, the debate itself ranged over subsequent pieces of writing that spanned the 1950s and 60s. The exchange itself is over the use of laws to enforce societal norms. The ... http://www.politonomist.com/the-hart-devlin-debate-002607/ There has been a sharp change in the nature of Canadian politics over the last few years. Canada’s political scene has been typified by a politeness and respect not found in many other developed nations. It was a cross between Britain without the heckling in parliament and America without the ... http://www.politonomist.com/canada-the-new-america-002604/ Standard & Poor’s has downgraded the Greek economy to a rating of CCC from B, the lowest possible. They believe that there will likely be one or defaults on the failing country’s national loans. “Risks for the implementation of Greece’s EU/IMF borrowing program are rising, given Greece’s increased financing needs ... http://www.politonomist.com/greeces-sovereign-debt-rating-downgraded-to-ccc-002601/ President Obama has pressed the EU to consider a second bail out for the Greek economy and has pledged his country’s help in saving Greece from defaulting on its’ initial bailout. He is concerned that a repeated crisis in the Euro zone would indicate the same for the United States. Obama ... http://www.politonomist.com/obama-pushes-for-new-greek-bailout-002589/ *All costs are in Canadian dollars and reflect rates in Canada. If stripped down to simply an economic concern, the argument for decriminalization and legalization of marijuana and other narcotics is rather compelling. The costs inherent in criminalization of drugs are vast and not fully comprehended. They have become hidden parts ... http://www.politonomist.com/the-economic-argument-for-legalization-002525/ There has been a slow movement to curtail the purchase of marijuana in the Netherlands over recent months, and this may have a resounding impact on the economy and population. The perception has been that pot is legal in the Netherlands, and that has generated a significant amount of international ... http://www.politonomist.com/netherlands-curbing-marijuana-use-002519/ The US Republican primary race is starting to heat up with the declaration of intention from Mitt Romney today. Romney, a multimillionaire businessman, ran for the nomination in 2008 against John McCain among others. He is best known for his stint as governor of Massachusetts, his business practices and for ... http://www.politonomist.com/mitt-romney-declares-candidacy-002579/ John Edwards, the once promising former Democratic presidential and vice-presidential candidate in the United States, has been indicted today on six counts including conspiracy to hide his pregnant mistress with campaign funds. The investigation has been going on since 2009. Edwards used the funds to pay for her medical and ... http://www.politonomist.com/team-edwards-denial-denial-denial-002576/ The huge barb-wired fences that used to separate Egypt from the Gaza Strip have finally been opened. The barrier, which completely encircles the Gaza Strip, was erected between 1994 and 2005 in accordance with the Oslo Accords and the Interim Agreement on the Gaza Strip and Westbank signed by the ... http://www.politonomist.com/egypt-opens-rafah-crossing-002522/ When elections come around people want to elect candidates whose ideals directly reflect their own. One of the ways candidates try to signify their beliefs is through the name of the party they are affiliated with. They hope that by labelling themselves a Liberal or Conservative that they will win ... http://www.politonomist.com/how-political-party-names-can-be-misleading-002511/