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overthere

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Everything posted by overthere

  1. Alberta is spending $35 billion of borrowed money in the next 5 years on infrastructure, which is about 50 times the crumbs tossed to the paasants by Trudeau. Here is your link, Nov 2015 recent enough? He was ore direct int he past in support of tidewater pipleines, but not so much since he got slapped down by Coderre. Wasn't it you that keeps stressing that Coderre and Co represent 12% of Canadians, many of them Liberal voters? Thanks for making my point, again. The money announced was also announced last week by Amarjeet Sohi, Trudeaus own Minister. The $250 million comes from an old prohgram, announced about 18 months ago. All in todays Postmedia, look it up if you like. One of many: http://canadians.org/blog/trudeau-government-backs-energy-east-supports-tar-sands-expansion
  2. Generalizations do not apply to specific cases, or specific lives. If the Crown has the evidence to convict, I am entirely ready to accept that. If they don't , he is set free. I don't care what the crime is, who the accused is, or who are his accusers, that is how it works in this country.
  3. Its OK, Trudeau was just in Alberta to assure the citizens that they would not get anything more than a few crumbs, most of which were announced when Harper was PM. Nothing different then. He was careful to pretend not to hear Notleys plea for an endorsement of Energy East, despite him having been in vocal support of it not long ago. After his little chat with Denis Coderre, and digesting the instructions received there, Trudeau Jr is a little more careful what he says.
  4. So you would also favour the government closure of factories in Central Canada, when the economy is more dependent on manufacturing? We would not want those people working to become overly dependent on a job after all.
  5. A bit in the mattress, a bit in actual gold, and the rest invested in things I can actually see and touch that are not managed by people named Goldman or Sachs- managed by me. I am done with the market. The ratings agencies are corrupt, the investment banks are criminal enterprises, the SEC is lost and the fund managers are lined up to screw anybody who foolishly drops a dime in their laps. And equities? So many companies fund themselves with bonds rated by the same agencies that brought us a a global financial crash, in cahoots with the same banks that made hundreds of billions off guppies like me. No thanks.. The best investment is an indexed public service pension, which is entirely disconnected from any form of market reality. You dont understand the biology of Bureaucrats. They replicate exponentially like bacteria or cockroaches, and once in place it is impossible to reduce their numbers or get them to justify their ongoing employment. .
  6. You must live in Toronto.
  7. and it has been confirmed that the virus can be sexually transmitted. This is very worrisome to me. Just a few days ago, Canada was supposedly relatively safe because the mosquito that carries the virus is not viable in Canada. That all changes with this news.
  8. Did you see this goal last night from McDavid? Absolutely sick. Welcome back McJesus. https://www.youtube.com/watch?v=d49BXNJGz6g
  9. You misunderstood. IMO the entire game is rigged. The giant merchant banks, the rating agencies and the stock exchanges are all witting participants in fleecing us. All are suspect. Investing in 'blue chips'(like there are any) and any fund including ETFs is high risk. The bond market, formerly a refuge for dull money, is even worse.
  10. It becomes a bad place to do business in a bad country to do business when that country permits the product to be extracted, but will not permit it to be transported. It is decidedly third world. It is less the price of the barrel, it is the whole package we offer, or rather the wholly unpalatable reeking pile we offer with a smile and a better haircut these days. Once the people who fill the pipeline with what they own decide it is not working for them, this little shitstorm will become a world of turd that will spread to all economic sectors that like investment. This is the ideal time to build infrastructure, labour is available and money is cheap. When oil tuns around a bit, we will be ready. And what is the cost to taxpayers? Nothing, these projects have corporate backers. Oh sorry. we are talking about Canada, the place where governments fail to act int their own interests..... Let's move on to other places with jobs and cash. Why would anybody bother here?
  11. Neither. It was Chretien. Another reason to loathe him. From their site: "The CPPIB dates back to 1997 when an Act of Parliament created the organization to manage and invest the CPP Fund to help ensure the long-term sustainability of the Canada Pension Plan."
  12. Stacked in what way? Either the Crown has sufficient evidence to convict, or they do not. Or have you decided the case based on.......???
  13. Your confidence in the arcane dealing of Wall Street is touching. I realized a few years ago that I had no idea what any of it really meant, small investors may as well look as chicken entrails . It was much worse when I realized more recently that the people I trusted to understand the markets also had no actual idea either. Recommended reading: Flash Boys and The Big Short, both by Michael Lewis.. Neither is intentionally a horror story, but both are terrifying reads. Housing costs are not out of control in most markets in Canada. Like anything else. it should not be hard for a retiree to assess their monthly nut and decide if they can afford to live or retire anywhere. Without CMHC far fewer people-including retirees- would be in their own homes now. That would mean more renters, more landlords- and more seniors at the mercy of those landlords... Home ownership has increased from about 55% of Canadians to about 70% since CMHC was created.
  14. How does the CMHC affect retirees in any way? One of the problems is that corporate bonds and 'blue chips' used to be safe places to invest for safe and undramatic . They are not. The massive clusterf**k of the global 2008 meltdown was centered on trillions of of dollars worth of binds rated AAA. I have no faith that analysts have a clue about what is really happening on Wall or Bay Streets. I guess your link supports that.
  15. The best part of his story is the support of the other players at the All Star Game. They appeared to genuinely have fun with him. It is unlikely he will play pro hockey after this season, there is nowhere to go that will pay him much more than he could get with a real job. His story is similar to George Parros, who played more years and better years in the NHL, and was also an enforcer type. Both played four years in US universities, which is often a hockey career path for those a bit less talented or late to mature as players. Parros got a degree in economics from Princeton, a place that cuts no slack for 'student athletes'. He is a very smart guy.
  16. OP, here is a comprehensive answer published today to your question "is Canada the only sucker nation?". The answer is an emphatic "YES". http://edmontonjournal.com/opinion/columnists/gary-lamphier-liberals-new-climate-test-latest-hurdle-for-pipelines We are fools that have elected a fool.
  17. I don't pay the government of Bumlick. You didn't trust the federal govt for at least ten years to make any decisions, but you trust this one, with no metric whatsoever? Wow. There is no metric there either. So a company applying for a pipeline permit has to get first permission from a judge prior to gaining consent from every First Nation that may or may not be affected. And every town,city, village, hamlet has the authority to block any proposal for any reason? The terrifying thing is that I believe you believe that, all of it.
  18. He makes the league minimum of $575k on a one way deal. That is $57K per year on your decade. Many teams have several players who are on 2 ways and earn about 10% to 20% of the minimum NHL when playing in the minors. And John Scott is not in the big leagues now.
  19. I wonder how much an hour or two of CBC TV time costs the PMO, not counting the large percentage of wholly uncritical regular newscasts on CBC devoted to his every word and action- every day since elected? Free you say? No charge at all?
  20. So you trust a government to decide the metrics....If the government of the Village of Bumlick, Nova Scotia decides no, then that is it- no development? Sounds fair and reasonable. Oh good, if it is a matter of law then you will have a source for that since laws arer always written down, a cite that can specify the parameters at which point everybody agrees that there has been 'meaningful consultation'. Post it now. Oh. I see. You started early on making stuff up. Still waiting for one fact from you, one metric that Canadians can apply to those new assessment factors that corporations now have to satisfy. Lets skip the BS. There aren't any. There is no way for anybody to even establish a target on such vague concepts. Can we at least stop pretending that much? Hmmmmmm?
  21. Great. Now explain your metrics for calculating "'social licence' , 'meaningful consultation' and 'consensus' ". What is a pass/fail grade for each of those? You can make stuff up if you like, somebody has to and soon. And no, it is certainly not international law!! Nobody slowed down , for example, the US or Australia when they chose to eat us alive on getting ready oilo/gas infrastructure.
  22. No August, now please pay attention because I will explain yet again: Spotlight is not a story about buggery by priests. It is a story about a group of journalists exposing the abuse. Can you grasp this not subtle difference? And Brooklyn does have a plot, and it is the oldest of them all. Girl meets boy. Difficulties follow. They are resolved. And they lived happily ever after. Sound familiar?
  23. Body contact is frowned upon by the players themselves in the allstar game. It has been interesting to see how coaches have adapted to the 3 on 3 overtime already. More games are going to shootouts now, early in the season most were decided quickly in overtime. Now we see the strategy of not attacking all the time, teams rag the puck to allow fresh players out on the ice- and they are not always offensive players. on the ice during overtime now
  24. What an extremely bizarre response. Our Prime Minister has required and you have agreed that there must be 'social licence' , 'meaningful consultation' and 'consensus' on any pipeline projects. I'll ask you again, what are your specific metrics that would measure these elements which are now part of the approval process for Energy East and Kinder Morgan? Add in scientific merits if you wish. I know that the pipleline companies and oil companies are both asking themselves the same question, which is "what is actually required of us ? How many more billions do we spend trying to nail Jello to a wall in advance of getting pipe into the ground". The reality is that there are no metrics, the science has nothing to do with it now, and these projects are dead. The only thing left is for the companies to withdraw, which will enable Trudeau and others to claim they had nothing to do with that project collapse. He'll be a hero for those on the breadlines..
  25. Nope the purpose of the delay is to eliminate all tidewater pipeline projects, and all prospects of future tidewater pipleine projects. Both the pipleine builders(trans Canada, Enbridge and KInder Morgan) and the multinationals who buy space on the pipleines will soon come to realize that they have seen this movie before. And that will be that for apllications for a very long time to come. The approval process in Canada for pipelines via the NEB was one of the most arduous, long, complex and expensive processes in the developed world. I have no problem with that, due diligence is fine by me. It has just been made much harder by the actions of our government, for projects already in the review process. I fully expect one or both applications to be withdrawn in the next few months.
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