I was unable to start blogging this morning not because the coffee is bland but because I am craving for  donuts or doughnuts whatever flavor is good enough. Since we don't have donut I opted for a crispy crust waldorf bread instead, cut them diagonally and have them lined up on the tray, spread the butter on top of them and put them  inside the oven. That's good enough for breakfast. I don't really have big breakfast in the morning. I'm on the diet ritual because getting fat here and losing weight is an option hard to resist.

Morning news on TV is more than helpful with my topic for today. Massive mess of oil leaks in the gulf of Mexico. Long time ago it was the Exxon Valdes oil disaster somewhere in Alaska now in Mexico. How it will affect the ecology of the nearby islands? You wont believe the cost and effect. Maybe staggering billions once again.

What other kind of messy mess in effect? INCOME TAX is called a MESS! It is a burden. Could it be the white men's burden? Funny. (Re: White Man's Burden by Rudyard Kipling). So, income tax is such a pretty mess. Since today is the end of the month, the homeowner gets the tax break and the renters do not. When it comes to income tax the rich people can always get away with it because of the LOOPHOLES. Many loopholes which sound perfectly alright for some of them just to avoid taxes implemented by the government.

How they can escape taxes? The rich provide generous donations to the university of their choice. They also give donations to their choice of charity, to the arts, to research facilities, hospital, to education, and many organizations they are affiliated with.

Loopholes are "provisions of the law in the country where the payers should have their reduction of taxes be implemented." While the expert economists advised that loopholes should be disregarded or eliminated to discourage polluters. Because in matters of policy making it is the burden of the economist to balance the conflicting goals> budget. And now you wonder why the financial minister cannot smile at all. Like having that "stoned face aura."  He was even captured on camera staring at the shoes he bought and what else a photograph where too many microphones, and digital cameras all around him plus this laser red beam of light at the back of his head. Cameras don't lie (via Rick Mercer's article about the MOF. WTH is that? Is that so scary? It is !!!!!!!!!!!!  It is most likely like a scene from "Enemy of the State." It is not very funny at all.

The primary reasons for government intervention (which is considered a KEY) in the economy is as follows:

1. Provide public goods that the market is unable to supply whether the consumers will buy or not
2. Dealing with externalities or disaster, conflict, environmental problem such as pollution
3. Encouraging consumption of merit goods and discourage harmful products
4. Helping the poor. Uplifting them out of poverty. Rising tide keep all boats afloat.
5. Help to stabilize the economic condition of the country. If you want the NATION instead of country it's okay. Canada is a nation as it always be in the past and up to now. Too much diversity.