George Washington

Tuesday January 24, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday January 24, 2017

Welcome to the White House website, home of ‘alternative facts’

In just one weekend, the website has posted false statistics about rising crime, when crime has actually gone down over the last eight years and has ripped down sections about climate change, civil and LGBT rights

If the reader needs evidence that the White House is shifting towards a dictatorial, opaque administration, look no further than its own website

US Presidential Wall Chart by Graeme MacKay

Peruse the site at your own leisure; no need to access this evidence via the “dishonest” media.In just one weekend, the website has posted false statistics about rising crime, when crime has actually gone down over the last eight years. It has ripped down sections about climate change, civil rights and LGBT rights. It has also failed to update its website in a timely fashion, including the executive order section, despite the President having already signed several, including “easing the burden of Obamacare” which threatens millions of Americans with no health care coverage.

The President, his press secretary, senior adviser and chief of staff have all attacked the media in the last three days, saying they have been “deliberately dishonest”.

Press secretary Sean Spicer walked out of his first press conference on Saturday after an angry speech about how the media reported the crowd size at Donald Trump’s inauguration. He did not take a single question. The press briefing part of the website has not been updated.

Senior adviser and former campaign manager Kellyanne Conway defended her colleague, saying he provided the media with “alternative facts”.

The gaffes continue. On the White House’s official page of First Lady Melania Trump, staff added the name of her jewellery brand and then swiftly deleted it after they were accused of promoting her commercial venture.

The same page also reads that Melania Trump “paused her studies” at university to pursue modelling, whereas the campaign’s previous website said she had completed a degree in Slovenia.

Selective curation to advance a right-wing agenda is also being carried out on the website of the US government’s supposedly independent House Committee on Oversight and Government Reform. In the “news section” there is an article by right-wing outlet the Washington Examiner, which accuses the director of the Office of Government Ethics, Walter Shaub, for making negative comments about Trump’s alleged conflicts of interest but failing to report alleged conflicts of interest under Obama. (Source: The Independent) 

 

Thursday January, 14, 2016

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator Ð Thursday January, 14, 2016 Canadian dollar will drop to 59 cents US in 2016, Macquarie forecasts A day after the loonie slipped below the 70-cent US level for the first time since 2003, a forecaster at investment bank Macquarie says he expects the loonie to lose another 10 cents to reach an all-time low of 59 cents by the end of 2016. David Doyle of Macquarie Capital Markets Canada Ltd. lowered his Canadian dollar forecast to 59 cents US on Tuesday. That would eclipse the all-time low for the loonie, set on Jan. 21, 2002, at 61.79 cents US. Doyle knows of what he speaks. Last February, when the Canadian dollar was valued at just over 80 cents, he Ñ correctly, as it turns out Ñ predicted the loonie would hit 69 cents US at some point in the next 12 months. It did so Tuesday. "Once [the loonie] reaches this level," Doyle said, "it should remain subdued through [the end of] 2018 and potentially even longer." Doyle's new forecast doesn't see the loonie above 65 cents US at any time between the end of 2016 and the two years that follow. The loonie has been whipsawed of late by oil and the U.S. dollar. Oil prices can't find a bottom, with a barrel of the North America crude oil benchmark dipping below $30 a barrel for the first time in 13 years on Tuesday. That's dragging the loonie down with it, as Canada's dollar is widely considered to be a play on oil prices. But strength in the U.S. dollar is making the loonie look even worse. Economic uncertainty makes investors flock to assets perceived as safe, and for the most part none are perceived to be safer than the U.S. dollar. That drives up the greenback's value. So while the Canadian dollar is sliding lower compared to most currencies, it looks especially cheap compared to the U.S. buck. (Source: CBC News) http://www.cbc.ca/news/business/macquarie-loonie-forecast-1.3401644 Canada, USA, dollar, loonie, currency, George Washington, bridge, cross, borde

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday January, 14, 2016

Canadian dollar will drop to 59 cents US in 2016, Macquarie forecasts

A day after the loonie slipped below the 70-cent US level for the first time since 2003, a forecaster at investment bank Macquarie says he expects the loonie to lose another 10 cents to reach an all-time low of 59 cents by the end of 2016.

Friday January 30, 2015David Doyle of Macquarie Capital Markets Canada Ltd. lowered his Canadian dollar forecast to 59 cents US on Tuesday. That would eclipse the all-time low for the loonie, set on Jan. 21, 2002, at 61.79 cents US.

Doyle knows of what he speaks. Last February, when the Canadian dollar was valued at just over 80 cents, he — correctly, as it turns out — predicted the loonie would hit 69 cents US at some point in the next 12 months.

It did so Tuesday.

“Once [the loonie] reaches this level,” Doyle said, “it should remain subdued through [the end of] 2018 and potentially even longer.”

Editorial Cartoon by Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Thursday October 15, 2009 Big problems in higher dollar There is a certain giddiness attached to a soaring Canadian dollar, with visions of cheaper trips to Florida or New York for those who canÊafford to travel. There is also a degree of smugness about us doing better than the Americans in managing the economy. We should dismiss such thoughts, however. The fact is that a higher-valued dollar is a disaster for Ontario's economy, based as it is onÊexports of manufactured goods into the U.S. market. Canadian Manufacturers and Exporters (CME) estimates that, for every hike of oneÊcent in the value of our dollar, 25,000 factory jobs are lost. And since the beginning of this year, the loonie has gone up 15 cents. Partly this is attributable to our better fiscal situation, in comparison to the tax-averse Americans. (The U.S. deficit Ð a staggering $1.6Êtrillion this year Ð is "unsustainable," according to the Congressional Budget Office.) And partly it can be traced to rising prices forÊcommodities, particularly oil, for the loonie is now a "petro-dollar." For manufacturers, this is a double whammy: the higher dollar makes their products less competitive in the American market, and higherÊoil prices drive up their costs. "Canadian manufacturers are really caught between a rock and a hard place," says CME President Jayson Myers. Prime Minister StephenÊHarper notes the "difficult effects" on the economy. (Source: Toronto Star) Canada, Dollar, loonie, strength, strong, imports, exports, fish, skeleton, bones, economy

The good old days

Doyle’s new forecast doesn’t see the loonie above 65 cents US at any time between the end of 2016 and the two years that follow.

The loonie has been whipsawed of late by oil and the U.S. dollar. Oil prices can’t find a bottom, with a barrel of the North America crude oil benchmark dipping below $30 a barrel for the first time in 13 years on Tuesday. That’s dragging the loonie down with it, as Canada’s dollar is widely considered to be a play on oil prices.

June 17, 1998But strength in the U.S. dollar is making the loonie look even worse.

Economic uncertainty makes investors flock to assets perceived as safe, and for the most part none are perceived to be safer than the U.S. dollar. That drives up the greenback’s value. So while the Canadian dollar is sliding lower compared to most currencies, it looks especially cheap compared to the U.S. buck. (Source: CBC News)

Friday January 30 2015

June 17, 1998A redo, 17 years later

In 1998 I had a completely different style when it came to cartooning that relied entirely on the cross hatching technique, a standard used by editorial cartoonists for centuries. By 2001, I had mostly abandoned the usage, thanks to the introduction of Photoshop as a means to edit cartoons on computer. I’m still very fond of the technique and I have file cabinets full of past work. My eyes, however, might be thankful in their own way that the strain that once came at the end of the day as a result of staring down thousands individual ink lines is mostly a thing of the past.

June 17, 1998

From June 17, 1998

1998 was a year when the Canadian dollar experienced a great drop in its value against the US greenback. That’s when it dipped way down into the mid 60 cent range. There it hovered until the start of 2003, when it made its charge towards par, fortified with the strength that came with Canada emerging as a Petro state when oil prices were at record highs. There was a bit of a dip when the loonie got jostled around the the time of the economic meltdown of 2008, but for the most part, the Canadian dollar has been on a course of strength for more than a decade.

So out from the archives comes this cartoon from a different time but for a familiar reckoning we Canadians are not unaccustomed to. Great for exports, lousy for cross-border shopping.