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Rich in Quebec

Rich in Quebec
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  • Wall Street Breakfast: Must-Know News [View article]
    Wyostocks - There could be all sorts of reasons. If you need immediate treatment for a serious condition, it might happen that an American in the ''northeast kingdom'' of Vermont, or northern New Hampshire, might find himself closer to service in Sherbrooke Quebec than Burlington, Vermont. Both towns have excellent teaching hospitals. Whether border restrictions cause problems, I cannot say. The citizen of either country will likely decide to be treated in a ''foreign'' hospital if he happens to be out of country.

    To get to the point that you really want to make, a Canadian might prefer to get quick if costly, service in the U.S. rather than have to wait for some forms of elective surgery. There may be specialties available in one country that are unavailable in another. That can work in any direction. Charlie Rose went to France for serious life-threatening treatment. I'm sure that the generally lower cost of medical care in France was not a consideration.
    Nov 15 06:08 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Wyostocks - And I thought you believed in the free market. You can come to Canada and we can go to the U.S., provided we pay.
    Nov 15 04:38 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Cute response, but it says nothing about materialism that both Marx and conservative Kodi consider to be determinant. It is obvious to me that Marx was wrong on this. One need only look at the U.S. conservative masses who vote for their view on social issues and against their pocketbook.
    Nov 15 04:35 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Bob - I'm laughing my head off. Robert is a fantastic straight man.
    Nov 15 03:38 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Wyostocks - Your response is short and direct. Pithy, it is not.
    Nov 15 03:24 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Robert - You are arguing that health care should not be tied to employment. I agree. Had the U.S. put through what is done in most other countries, health care would be treated asĀ it already is for people over 65, as a given in modern society, like ''free'' public schools and an old age pension. Obamacare was made to be like Romneycare to satisfy the unsatisfyable, Republican Congressmen.
    Nov 15 03:09 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Kodi - I always thought that Marx was simplistic in thinking materialism as THE determinant factor of political decision making. Your avowed materialism is making Marx seem right.
    Nov 15 02:56 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Kodi- Living in Canada, I often see just the opposite of a coordinated press. French and English CBC often cover different stories, give different weightings to ''important'' stories, and differ in their ''coloring'' of stories even while trying to be fair and balanced - (policy, not slogan). The same exists to an even greater extent when I take in the BBC or news from France. For instance, the French will cover the ongoing Syrian conflict more intensely than the U.S.. And it's difficult for them not to be smug when looking upon Americans' seemingly neo-Victorian attitude when explaining the news that seems to concern Americans so much.

    That an attack should come upon the American mass media for having an agenda (other than making money from their news departments), from Fox, the dominant news purveyor with an agenda, is particularly ironic, - - - and Orwellian.
    Nov 15 08:28 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Perhaps it's the ongoing National Hockey League lockout garnering media attention here in Canada, perhaps it's the possible purchase of 40% of the cable channel carrying the N.Y.Yankee games at an outlandish price, but I immediately thought of ''bread and circuses'' and the decline of the Roman Empire. The other side of the argument is that only rich countries could spend so much time and money on that of such trivial importance.
    Nov 15 08:06 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Marked by the Hungarian revolt in 1956, I am sure that you followed more closely than most the attempt of Eastern European countries to liberate themselves from Soviet control and from internal propaganda and control. I am therefore surprised that you don't seem to differentiate among the leaders. Do you consider the father of the Prague Spring, Alexander Dubcek, erstwhile Communist leader, just another ''self-serving Commie punk''? Is your failure to nuance due to an all consuming hate of Communism? Is the specific attack on Gorbacev necessary to maintain the reverence that U.S. conservatives give to Ronald Reagan in attributing to him the end of the Cold War and the fall of the Soviet Union?

    History is more complex than that. Deng Xiaoping is responsible for the Tian An Min massacre, but set China on its way to its rapid modernization. Mikael Gorbachev's weak / benign leadership caused the fall and tumult of his country and those previously controlled by the Soviet Union, but set the stage for the democratisation of many of them.
    Nov 15 07:45 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - I used volatility rather than velocity in error. The example of ''pushing on a string'' is an example of an attempt by the Fed to increase velocity by putting money into the system, and not succeeding. The demand is not there even at low interest rates.
    Nov 14 06:17 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - All these guys had to accept the Norquist pledge to satisfy the Republican base. Are you saying that they really didn't mean it? Are you saying that Republicans are still playing this game while they blame the President for creating uncertainty? Or are they really willing to go over the cliff so that any further decisions on taxes receive the benediction of Grover Norquist?

    The original mistake was Obama's. Two years ago, he gave in to the Republicans on maintaining tax cuts for the rich in exchange for an extension of unemployment compensation. He cared enough to blink, compromise, and in Republican eyes, demonstrate weakness. Now Republicans don't yet know if electoral victory has stiffened the resolve of the President. But, if it hasn't, Republicans now know that the cliff will act as substitute. It makes for wonderful theatre. Too bad that it has real life consequences.
    Nov 14 05:26 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Half right. Uncertainty does decrease volatility, but low interest rates increase it.
    Nov 14 04:51 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Wyostocks - I am reminded of the Republican debate where all the Presidential candidates refused a $1 tax hike for $10 spending cut ratio as a possible solution to the budget imbalance. You were talking about compromise and ideology!
    Nov 14 04:48 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Giorgiolb - So, if the economy goes south six years into your Presidency, and absolutely crashes a year and a half later, it's ''baked in'', not your fault. But Obama is responsible for this mess even if he's ''only '' four years in, and the economy is ever so slowly rising while the world is declining.

    It is and was a financial crisis caused by a desire to return to unfeterred capitalism. Reagan proposed it, even Clinton bought into it (Glass steagall repeal), and Bush brought it to its fruition. Enjoy!
    Nov 14 01:58 PM | 1 Like Like |Link to Comment
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