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Craig Read

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Everything posted by Craig Read

  1. Yes i agree - the Dumbos are illiterate peasants on foreign policy - inexcrably isolationist and profoundly ignorant. Iraq will marginalise them further and as you stated, i feel shall smite them into 2 pieces. They are incapable not only of seeing reality - but they are anti-american and have proven themselves intellectually and morally incapable of running a gas station - let alone the USA. Funny how the left liberal media has been wrong on every single issue to do with Iraq. Will they start now to apologise ?
  2. Sure have to love it - Quebec and the East Coast - the welfare kings [or perhaps queens in today's post modern PC world], of welfare. Quebec should reform itself not ask Ontario and Alta to pay its bills. This makes me sick. Here is the sad sick state of Quebec; -Lowest per capital GDP in Canada -Last 3 years 12 % job creation vs. 17 % in Canada -Highest tax jurisdiction in NA - 30 % higher than the fumbling Dumocruds in Mass. and 50 % higher than Alta. -Highest Gov't spend per capita in NA -Highest Corp and Investment tax and sur tax rates in NA -Net business investment per capita is $29 K vs. $38 K in rest of Canada Quebec is a disaster. Add in the fascist language policy, intolerance to the rest of Canada, the takeover of Ottawa by Quebec and the obnoxious levels of transfers to Quebec by Ottawa and well..... why the hell do we tolerate these clowns ? Indeed. Paul Chretien after his obnoxious announcements that Bush should hand over Hussein to the cowards in Europe - has stated that Health Care [not the military of course] is the spending priority. No reforms of course are needed in health care - the world's [coughing] best system! Nor are they needed in Quebec - no reforms anywhere !!!!
  3. Since i started this post, the C$ has fallen 2 cents. In one year it will be at 66 cents. Why ? The C$ value is 10 % roughly based on currency trading and in particular currency trading tied to commodities. Though only 30 % of Canada's economy is primary resource based, about 50 % in total is tied to resources [secondary and tertiary processing]. Traders who play economic cycles [commodities such as copper and oil are leading indicators], will play the C$ and diversify their holdings as commodity prices [in nominal terms] rise. [in real prices they always fall]. In the past 2 years commodities have surged. This means $ allocations to the C$ and Aussie$. Second, interest rates are artificially high in Canada - slowing growth, slowing local investment but attracting speculative investments from investors, traders and fund managers who arbitrage on rates. In the long term the C$ will decline - the fundamentals aren't not strong in Canada and there is no reason to hold the C$. People like myself hold our investments in U$ - except for real estate we own locally. Why? I have no faith in the capacity of the Canadian electorate or their leaders to be fiscally responsible. Tax, spend, accumulate debts and cheap policies based on a cheap dollar to buy off exporters who support the Federal Liberals. Business, personal investors and banks all know this as well -ergo - most bank reserves and personal investors hold their assets in U$. Ditto for gov'ts who buy bonds. They buy US Treasuries not Cdn bonds for the long term.
  4. The left liberals operate outside of reality. The French and Germans use the UNO to tie down the US - though not one EU intiative is based on anything other than crass self interest. Now witness the imploding Howard Dean and the cowardly Chirac - both backpeddaling now that Hussein will be tried and executed - I hope very very slowly. The Dumbocrud party will implode over Iraq - only Lieberman and Gephardt supported the war - and the EU is divided on foreign policy with adult nations such as the UK, Spain and Poland knowing right from wrong and deeply suspicious of postmodern France and Germany uniting Europe under their socialist control. Not one argument the post modern idiots or the liberal clowns made before or during or after the war has come true. NOT ONE. Why then do people watch, believe and act on these assinine commentators every word ? Maybe they should watch the Iraqi community celebrate in Montreal - it is after all home to the largest Iraqi community in N.America. Maybe that should tell the post moderns something - that the war on terror is just, noble and needed.
  5. The Liberals - poor little things - since they can't think they are good at two things; 1. Slander and 2. Crying [after they lose an argument]. I have posted probably 10 x with sources that the US will lose money on Iraq. Remember the war for oil crowd ? Well guess what sweeties - price of oil has gone up not down as supplies have shrunk. It will take until mid 2004 to reach pre war levels of 2bn+ per day consistently [without pipelines getting blown up]. At that rate the US will never see its money back. The $87 billion up for contracts and especially the $18 billion just pledged is - AMERICAN TAX DOLLARS. Hello. The US citizens are paying the reconstruction costs and yes, guess what ? I would EXPECT that mostly US and allied firms get the contracts. In any event subcontracts are open to tender to any nationality so what are you whining about Libs ? Do you think the Glorious French, Trustworthy Germans, Stolid Russians or the honest Chinese would have been as forthcoming about opening ANY contracts to those who opposed THEIR war ? Yeah right. Now look at the post modern Canadians. Canada ties its $2.5 Bn CIDA Foreign AID budget to the purchase of Cdn goods - fully 80 % of CDN foreign aid is not allocated on need or a vision but on crass economics. Nothing more tiresome than a sanctimonious Canadian hypocrite.
  6. Good points guys. But Fairyus will be unmoved. He hates freedom, hates the West and wants Terrorism to win. I suggest he go join Dean and the Hate America party down south. Hussein was found in a very small hole by chance. That small hole would hide about 1 tonne of WMD. Imagine burying WMD. I have seen pictures of 7 tonnes of WMD being destroyed in 1997 by the UNO. The Hole would have fit in a back yard and it was deep [they were blowing up the chemicals] but to hide 100 tonnes would require 10-15 large holes. In sparse territory this is easy to hide. Without inside help from regime members it will be a VERY LONG time before WMD is found. But keep blabbing Libs, apparently you have been wrong on every single issue so far in this war.
  7. Not bad we predicted the beginning of the end - and indeed it has arrived. Within one year, Iraq will be transformed. The insurgency will collapse within 4 months. No leaders, no money, no vision. Bye Bye. As for the Liberal idiots in the Dumbo party - Bush will 35 states and the Demo's will split into 2 warring factions - the Hitleryites and Dean supporters vs. Lieberman and the smarter faction of the party.
  8. Like I said before, next year the picture is different. Iraq is tranquil within one year. The end is nigh already for the insurgents - cut off their leaders, their money and their meeting places and they are soon finished. The Dumbocruds - home of the illiterate and the internationalist - will be crushed in 2004. In fact they might even split into 2 parties - the left wing/Fascist branch will march with arms raised after Dean and Hitlery and the moderate branch will follow Lieberman.
  9. Logical1, good posts, you are consistent. I like your words here This is so true. There is no proof that Christ existed, but one aspect of 'his' teachings is that the here and now is worth living - if only to exact justice and rewards for good offices in the afterlife -- in other words cause and effect. Christ and other rabbis taught that 'you sow what you reap'. The problem with religion is the replacement of the here and now with supernaturality and egotistical arrogance that 'you' or 'we' are the chosen ones. This strikes me as especially absurd in an age of science. Religion and science can and should co-mingle, but spirituality weighed down by superstition and magic does ill to everyone involved - believers, the church and society. I support religion for the following reasons: -it CAN teach ethical and moral behaviour -Provides charity and education -Provides a counter force to the State These are practical reasons to support religion.
  10. No. Standard of living is 20 % higher in the USA and the gap is widening. As the C$ will fall in the next 12-18 months, your SoL vs. the average American will fall. A weak currency is another tax - it is a political decision based on exporter supporter for the Libs. You can check out a bunch of reports on SoL at: TD Report Best analysis is www.csls.ca - Canadian Institute that studies living standards. We are 12 yes 12 years behind the US in living standards. Contrary to socialised media coverage in Canada you ARE NOT better off.
  11. Morgan, sure and other sources back up the Czech's claim. Riff is just such a bunch of Raff. The articles i quoted clearly stated that Atta and other AQ envoys were in Baghdad weeks before 9-11. An obvious connection between Hussein and 9-11. As well on this post there are numerous other sources and facts highlighting what the Toronto Star calls the close relationship between Iraq and AQ dating back to at least 1998. Even ABC a liberal news outlet on par with the faineant NY Times admitted the links , and even one of their reporters had first had evidence of such links; During the war itself on April 8 Tuesday the US forces wiped out a unit of Al Ansar in northern Iraq. AA and AQ are coequal terrorist organisations and AA funds AQ operations: and even more poignantly: Hussein harbored, funded, sourced, aided and abetted AQ and other terrorist groups in Iraq and in the Middle East. He was a threat that had to be obliterated. But let's not allow facts to trump the 'US is Stupid' card shall we. Liberals strike me as incredibly ignorant at times. When presented with facts, they say it does not matter. When proven wrong they don't apologise they just move on. When events go against their statements, they don't demur nor change, they just move on. When WMD is found - and it will be found - the Liberal left will state that the war was illegal because the UN did not authorise it. They will ignore their claims that lack of WMD made the war 'unworthy'. Try telling 24 million Iraqi's now liberated for the first time in their lives, that the war was 'unworthy'. Where are the parades in downtown Toronto extolling the virtues of the liberation and the destruction of a dictator - thanks to Anglo-Saxon [sans Canada] power. Canada is becoming another failed EU post modern state. Liberals and post modern academics - they epitomise cowardice and mental lethargy.
  12. Reread my posting and refute the facts. Stating that the Asian currencies 'must float' is nonsense. That is the last thing we need. The US is the world's strongest economy - you always go long on the currency of the superpower. To short it is to lose money. Investment tip; want to make some money ? Call options on the US$ - you can buy some currency funds and go long. Short the C$. Money goes to the land with the highest real returns and with the list i presented that means the US - highest productivity, Corporate profits up over 20 % this year, low inflation, high liquidity and low rates. In March 2004 the US Federal Reserve rates will be increased and I guarantee that the US $ starting in Feb 2004, will climb back up and not stop during the entire year. The C$ within one year will be in the mid 60 cents. This means that Paul Chretien will be able to live off cheap exports and 'job gains' as companies hire low wage cheap labor to push product to the USA. Sad.
  13. Hey genius, you are really pathetic and a liar. You lie on 2 counts: 1. The article you provide discussed the meeting in Prague between Iraqi and Al Qaeda agents and does not address the link I provided which confirms meetings between Iraq and AQ IN IRAQ. Read my posting and the link. This has NOTHING to do with the meeting in Prague that the NY Times is discussing in its report on 12-13-03. 2. The documents I posted on, came to light on 12-14 and 12-15-03 from the Iraqi congress, not on 12-13-03 from the NY Times. How can the NY Times report on 12-13 facts that were displayed 1 and 2 days later ? The NY Times is a wonderful rag that told us untold lies about how the war was lost, the peace was lost, that Iraq was a quagmire and that the UNO was needed. Read the link i posted - if the words are not too big to understand. Even the Toronto Star admits the links through its own reporter having seen and studied the Papers: T.Star Iraq-Al Qaeda Being a nescient leftist should not prevent one from at least having the common sense to accept documents forwarded by the Iraqi's themselves on the links with Al Qaeda - which we have stated have existed since 9-11. Various sources in this post have been used and trust me the NY Times is NOT a reliable news source given that it has been untruthful on so many topics from Icebergs melting in Alaska to the 75000 artifacts supposedly looted from Iraqi museums. Your ignorance is boundless and you are intentionally misrepresenting information and you should be kicked off this site.
  14. Canada can send in the kitchen cleaners and old ladies to clean up the mess tents and wave hankies after the men go off and fight. Where is the Canadian contribution in Iraq ? We have more national interest at stake then SK, Ukraine and Spain. Riff of Raff makes fun of the SKs sending 3000 troops - this is more than we have engaged in any conflicts in the war on terror. Pathetic. Canada is only an important player on the world scene in the small minds that dominate the CBC, our Federal Cabinet and anti-War ravers.
  15. France will now forgive some debt Funny how Iraq is a 'quagmire' and 'unwinnable'. The French finally recognise that they are going to lose in their opposition to the war and that if they want some contracts they will have to support what they should have supported in the first place - a free Iraq. Canada needs to step up and do some more. Where is Jean Martin ?? Where is the Cdn military ? Where are the leaders ???
  16. Well firstly a flexible exchange rate usually equals a falling exchange rate. With 40 % of the world's reserves in U$ and another 30 % in Euros, the Cdn dollar is irrelevant. It is necessary than to adopt an inflexible or 'floating peg' rate - R. Mundell a great Cdn economist is the foremost thinker on this subject. A hard C$ necessitates: -lower debt levels per capita than the US -lower taxes on capital and income than the US -more productivity than the US -real interest rates based on inflation control and not political meddling to artificially boost up the C$ The nationalists will cry that this will gut the social welfare net in Canada. Au contraire - it will allow it to be funded and supported. You can't have policies that are the same as the US when you are a small, country with a commodity based currency - you must offer MORE. Returns in Canada are lower historically than in the US and a soft dollar policy allows Cdn firms to hire cheap labor and forego productivity investments. We need to attract more FDI as well - we are slipping badly in this regard in recent years and are being overtaken by other more aggressive jurisdictions. As well we need to end Federal Corruption - Canada has far too much soft corruption that corrodes investor confidence and its anti-American rhetoric does nothing to improve the investment climate.
  17. Neal, well i agree that Paul Chretien will be no better than his predecessor. He already flip flopped on military spending increases, saying first to the US press yes, and then to the Cdn press, Nyet. The fact that SK is sending 3000 troops to Iraq to aid the US [which they deem rightly to be their most important ally], makes Canada's contribution a laughingstock. Post modern liberalism is a catch all philosophy of free riding and responsibility avoidance.
  18. In yet another blow to the cherished left-liberal view that Canada matters internationally - South Korea - a country that 25 years was a 3rd world backwater - is now sending 3.000 troops to Iraq to bolster coalition forces. I would criticise the SKs for too little too late but they ARE doing SOMETHING at a critical time when the Baathist insurgency still constitutes a dangerously destabilising effect on Iraqi reconstruction. So where is Canada ? You want a seat with the grownups at the Dinner table you better be able to pay the tab. And if you can't - just please shut up. From the South Korea Times: SK sends troops
  19. WMDs will be the next step. There is no question that pre-War intelligence from every nation and from the UNO posited that such weapons existed. Current interrogation of top officials reveals that they too believe that WMD exists. Will Hussein cooperate on WMD details ? No reason to expect that he should. He will die anyways, why make the case against him stronger ?
  20. Good points. France and Russia supplied 75 % of the military arms to Hussein, the US about 1 %. The UNO made $21 billion in 10 years off of Iraq and stuffed the money into French bank accounts. The French and Russians made $7 billion in illegal revenues per annum during the 90s, the US --- none. France and Russia had billions in oil concession from Hussein - the US -- none. Hussein sent money to Chirac and Primakov - and to the US -- none. See a pattern ? No nation state, including Canada, acts without self interested motives, but the liberation of Iraq and of the Middle East is necessary and overdue. It is the only way to fight terror. Canada incidentally via its CIDA - foreign aid program - ties all foreign aid into buying Cdn products. The result ? Ill-liberal nations, dictators and non essential sectors are supported. Still believe that Canada is a boyscout nation do you ? Ah. Such poor naivite.
  21. The C$ will fall - I predict to 66 cents within one year. Unlike the overpaid economists that populate our major banks I see no reason for an 80 cent dollar. The major impact will be that politically Jean Martin will not need to enact reforms. We should wish for a higher dollar and ergo higher living standards, but this will not happen. Here is why: 1. Real commodity prices will fall including Oil which is vastly overpriced. 2. War on terror is successful - everyone loves a winner and the winner is the US and its dollar. 3. Foreign direct investment in the US has fallen off 80 % in the past 2 years from its 2000 highs. FDI will recover as the US economy grows. This means more demand for U$. 4. Productivity - the surest way to beat inflation and raise living standards is through high productivity. The US has 3x the level of productivity vs. Canada. This means more profits, higher wages and more capital investment in the US. This stimulates the economy and leads to higher demand for U$. 5. China. China will continue to buy [via its central bank] US T-Bills and Bonds further strengthening the U$. 6. US Deficits over the next year will be narrowed. A growing economy, growing revenues and hopefully some spending reform will cure the deficit gap. 7. Lastly, laughing boy David Dodge will have to stop propping up the dollar through artificially high interest rates, and drop rates which will entail currency speculation shifts from the C$ to the U$. The only reason the C$ is higher is because LB is keeping rates far too high in Canada and has not loosened the M1 supply. The US is the world's reserve currency - about 40 % of reserves are in U$. I predict this will increase not decrease especially as China grows. Get ready for a strong U$ and a weak C$. This means sadly for Canadians - no meaningful reforms.
  22. Well nothing makes me happier than Liberals who are proven wrong - which is not hard - it only takes time if one has some common sense. The Liberals and their mental contortionist supporters always maintained that Iraq had nothing to do with 9-11 or Al Qaeda. This post provides evidence to the contrary and today 12-15-03 - the Iraqi National Council released evidence that Hussein and 9-11 were directly linked. From the Daily Telegraph: Hussein and 9-11 So Libs how do you want your crow - how about raw ?? Terrorist groups as Bush rightly said in his axil of evil speech, are funded, abetted and resourced by nation states. Maybe Canada and the EUnuchs can join the adult nation states and get involved in fighting terror - on a level commensurate with their economic and population size. 1900 men in Kabul herding goats does not constitute much of a war effort. Yes Libs, the war in Iraq IS ABOUT 9-11. Welcome to reality.
  23. That is right Boyd. 39 Departments ! I am wondering when we will have 'Committees for Public Safety' that were set up in Revolutionary France, or Autocratic Russia - just to make sure the people don't get out of line. Canada is the most over-governed nation in the world when you add up politicians per capita. It works out to 1 politician for every 72000 citizens. Rather a large number. The US has less than half that number. Martin would do us a great favor if in his many many promises he would reduce the size and purview of gov't. The Feds should be focusing on their areas of Constitutional responsibility. As well, according to the Fraser Institute our companies have faced a backlash due to our anti-American rhetoric and our decline in the world. We must fix this asap. and in general
  24. Hussein should be tried quickly, condemned and then if possible slowly executed. I would like the victims of his policies to participate in his execution - but i suppose that might appear a little barbaric. Atavism aside, the EU has no authority to even ask that insane Hussein be transferred to the Hague. Iraq thankfully never signed the ICJ statutes and therefore the ICJ - an abominable Canadian concept - would have no legal purview. Jean Martin is nauseating in stipulating nay demanding an international tribunal. Get serious. Good way to start to repair US-Canada relations Paul Chretien. Well Done. Witness the Milosovic fiasco in the Hague where a murderous deranged tyrant is seemingly on a never ending tax payer funded vacation in the Low country. We don't need similar nonsense with Hussein. His capture is the beginning of the end of violence in Iraq and the remaking of an important geopolitical nation into a Western ally regardless of the Clinton News Networks handwringing to the contrary.
  25. Cam, how right you are - and Jean Martin is of course playing the 'post modern' statesman, demanding that the US hand over Hussein for some reason to an Int'l tribunal. The CBC does not question WHY this should be done. [from cbc.ca] Ridiculous.
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