blueblood

I didn't say they were eliminating the board, I'm saying they're eliminating the monopoly the board has. They're not saying which grain is or isn't going to be excluded in the monopoly, they are saying the board can exist, but their power of monopoly is toast, and that apparently does not require a plebiscite.

Walmart is e subject of great controversy because it is the largest retailer. However many people don't support it because they don't like how it runs, don't like the shopping experience, don't like cheap products, or want to go somewhere else. Walmart can't do that because the retail industry is so diverse. A person who buys clothes from Harry Rosen isn't going to be clothes shopping at walmart. Same goes for some people buying electronics. Walmart can't be all things to all people, because competitors key in on that and market products where walmart can't. When demand for something is high enough, there isn't a firm big enough that can quash all the competitors. Look what happened to RIMs markets are of smartphones over the last few years, and they started the stupid thing! When a firm gets too big, they have little incentive to innovate as they are focused on keeping their current revenue stream going in order to appease shareholders. However, in doing so they run the risk of other firms or the guy in his garage coming up with an idea that will cannibalize that firms revenue stream.

Oh really? So the central banks setting interest rates is a figment of my imagination and open market operations didn't occur... The lending market is reacting to pretty strong signals sent by central banking which unfortunately right now is ran by fools. The system was designed to make financing for production easier, not for millions of people to over leverage themselves on houses and cars,

Fannie and Freddie are govt creations. Speculators have not overthrown the food markets, have you looked at futures prices today vs. The end of august? The speculators shorted the market and prices dropped like a rock, sending the signals that we have too much supply and we need to get rid of some.

The monopoly itself. What you guys are thinking is that the Feds are removing wheat and barley and that the monopoly will exist but nothing will fall under it (the king of air analogy). What's happening is the monopoly itself is going, not what falls under it.

The difference is, I go to jail if I don't play by the rules of the cwb and the other there is freedom and incentive to either support or not support the "manipulative monopolies". For example a lot of people don't like walmart becaise its the robber baron of the late 20th/21st century yet walmart has a lot of successful competitors such as target and other niche retailers.

No I'm ranting about the stupidity of people managing it by artificially setting low interest rates and the bigger instance of stupidity of people using low interest rates for consumption instead of deleveraging or using it to finance production. We've already been through this and stated that a kitchen knife is a useful tool if used improperly can seriously hurt you, much like the current system.

To my understanding, the bill is limiting the powers and privileges of the board, not removing grains from it's present monopoly.

It's not all wheat because feed wheat (for animals and ethanol) doesn't fall under the board as does feed barley (which trades on the ICE in Winnipeg). It's not just wheat they're talking about. Had they been talking about "hey we're taking wheat out of the monopoly" then it would have to go to a vote as per the previous legislation. I didn't find anything about removing the monopoly in general. Not only that, the Tories are allowing the board to market other grains in it's pooling system for those who want to, like I said the lawyer figured he found a loophole.

Then why does ctv, the flagship of the bell media empire cover their games every weekend during the NFL season?

Phoenix metro, and Dallas fort worth, not to mention the rest of California.

That's a high school education, i'm talking a bit later development just after high school when the junior career is just about over. For some of those kids, Chl is about as far as they get, then what afterwards? At least in the American system, it's all streamlined into one league and if the NCAA scouts deem you good enough, you get to play at a fancy D-1 school complete with a college degree if you want it, some lucky blokes get to get an ivy league education. A grade 12 isn't what it used to be unless your willing to roughneck it or are very very entrepreneurial. Hs vball and ball uses infrastructure already in place that doesn't cost much to keep going, plus there isn't much needed in the way of equipment.

And the plebiscite deals with what those products are, not with doing away with "The corporation's monopoly". That's what I'm assuming the legal advice was given when the bill was drafted.

And when the robber barons were taxed, their investment into businesses dried up as well. And even then did the "robber barons" go away, the people who benefit the most with the ridiculous regulations and taxation are the "robber barons" because they have the money to pay for all of that nonsense when the little guy doesn't. The market is a far better distributor of wealth. A lot of those "robber barons" got complacent and their companies ended up going the way of the dodo bird because of new ideas, inventions, and means of production. Remember when Microsoft was in the realm of anti-trust issues? Now we have Google, Apple, and Facebook poaching market share and tech dollars from them because microsoft got complacent in its old revenue stream. Bill Gates said it best - the competitor I fear most is the guy in his garage. As for the free money system, its not the system thats the problem, when managed by competent people, the system provides liquidity and an easier means to produce goods, the way its managed now, its an outlet for a consumption binge. Some people just aren't good enough to manage finances. The market takes care of inflation and deflation. The problem that we have is that whenever a correction tries to take place, we try and inflate our way out of it and kick the can down the road and make the next correction that much worse. We have deflation all the time in the commodity business, prices go up and down all the time. when there is a prolonged period of low prices, firms adjust to that reality. The world doesn't end. There are many factors out of our control that will influence supply and demand which affects inflation and deflation, a person can't manage everything, that's what the market is for. You should also read up on history of those countries stupid enough to try and redistribute wealth all in the name of fairness. It didn't turn out good for them, each and every one of them came out poorer and less efficient than before.

Dp

Do you only think of things in the short term? That's a big problem in itself, people only see things in the short term and want quick fixes; unfortunately that creates even bigger problems down the road,

But they aren't talking about removing wheat and barley. For the govt to have to take it to farmers, they would have to say that we are removing wheat from the monopoly, vote yay or nay and we are removing barley from the monopoly vote yay or nay. What the govt is doing is taking the monopoly itself out of the act and I or the lawyer that drafted the bill didn't see any part of the act concerning the monopoly itself, only the grains it applies to. I'm thinking that's the loophole that they used, and it looks like all the judge could do was issue a declaration.

No it won't. The only people that don't benefit from deflation are the big corporations that you guys trash on a regular basis. If people don't have no jobs and no credit/debt, what happens to demand for products that those companies produce? It drops. Do you think companies are going to churn out products for no buyers? No prices will drop to clear out inventory to a point where people can buy them. You can't have constant growth like that forever, and every so often a correction has to happen. The best way to stimulate demand is to drop prices.

My customers are overseas in Japan, china and the middle east. The richer and better off those guys are, the better off I am. You don't do anything to improve my financial situation and in fact are one that is a burden on it. I have great contempt for those who think they are entitled to my money, but don't provide me with any goods/services to buy. Are you proposing that we don't improve the lives of people around the world through investment, so you guys out east can live like royalty again?

When they buy those things when they can't afford it they're irresponsible idiots. For example if a person with a job has 10k in a checking account and is saving for retirement in another account and is up to date on all their bills wants to go on a vacation, then have at it. If another person has a job, is living paycheck to paycheck, swimming in credit card debt, and has no savings for retirement, and is behind on the bills, then a vacation isn't a good idea. If you can't afford it then put it down.

Prices fall and goods become more affordable. The Americans finally have their choice of many cheap houses to live in.

Govt shouldn't be fooling around with interest rates, shouldn't be having policies that encourage consumption, and if theyre going to be in the education business, teach something that's actually useful.

Nope, it's many people acting irresponsibly. The problem is widespread because the western world has an entitlement mentality. Do we need to absolutely own a house, do we need this, do we need that. The problem is that those with loads of credit and debt are artificially inflating prices on things that shouldn't be expensive in the first place, and at the same time causes other people to go into debt just to keep up. And what's worse is those people with credit aren't producing anything of value to back it up.

However, the Tories are stating at the judge issued a declaration which is not binding as the wheat board act doesn't fall under the constitution. Essentially all the judge can do is make a judgement and that's about it. The Tories are also not removing wheat and barley from the monopoly - which requires a vote. They are removing the monopoly itself which doesn't need that vote. If the judges declaration had any weight, the bill would be stopped dead in it's tracks. This isn't a crime bill where the constitution comes into play.

What's wrong with somebody making a profit, they're following the rules put in place and economic trends at that period in time. At least those making the profits are providing something that the consumer wants or they would be broke. Not only that, they spend, save, invest, and pay taxes on said profits.