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Rich in Quebec

Rich in Quebec
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  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Canadian history is replete with ''errors''. As just one example,our treatment of the First Nations has been terrible, and is ongoing. But, we do not believe we have to blame our former imperial masters, French or English to evade our responsibility, nor do we live under the illusion that our destiny is in any way manifest.

    By the way, and for what it's worth, Canada was involved in WWI from 1914, not 1917 as the U.S.. We were involved in WWII from 1939, not 1941 as the U.S.. And what's the 3rd war in which the U.S. participated and saved the world? We were there in Korea and Afghanistan. We didn't buy the domino theory in Viet Nam, nor go in for GW Bush's doing revenge for daddy in Iraq.
    Aug 6 10:35 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Trying to prevent citizens from voting does not take guns. Real democracy can be subverted by not allowing citizens to vote by official bureaucratic means. Southern states used to use poll taxes and literacy tests. Now they use stringent proof of identity, and difficult to find voting areas. I'm not expecting Floridians to attack Canada (it's the reverse with our snow birds), but I am afraid some of their techniques will find their way here.
    Aug 6 10:13 PM | 1 Like Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    J Dub Lone Star - We do know what happened politically, short term in 1968, and long term politically in the U.S. - - - and it hasn't been good for what Democrats used to propose since their highwater - 1964.

    I think that waving the ''Bloody Rag'' of the Republicans being in charge during THE WAR, the Civil War and during Reconstruction had just about run its course for Southerners. But the switch of the Southern white racist vote en masse to the Republicans was knowingly caused by LBJ's actions. If you wish to argue that it was for him to be on the correct side of History and to enhance his legacy --- Fine. But he surely didn't do it to win votes.

    There are certainly corrupt politicians, and there are those who become corrupted by the system, and worse, there are those who would corrupt the system. It is simplistic and factually wrong to consider that any prospective politician, Right or Left, must be out for himself. As examples from opposite ends of the political spectrum, I don't think anyone could rationally argue that Ron Paul or Bernie Sanders are in it for the money.

    I do worry that bad expectations tend to lead to lesser candidates for political office and bad results. We should remember that it's our votes, even if cynically cast after much too many rounds of propaganda, that decides who represents us. Cynicism and apathy are much greater dangers to democracy than corruption.
    Aug 4 03:02 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    r2q5 - No matter who tries to limit the vote, and for whom, it's disgusting. The ultimate goal of democracy is to make or keep the process clean. As important as we consider our pet policies, small c democrats must consider the process more important to be worthy of the label.
    Aug 4 12:57 PM | 2 Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    TAS - If Head Start is to be denigrated as "fostering an entitlement mentality", then let's eliminate compulsory ''free'' education. Many illiterates are a small price to pay to make sure that people believe that no one will ever help them, and they remain pure in their ''pulled myself up by bootstraps'' mentality.

    Johnson saw the effects of poverty as a child. He was relatively privileged but saw the effects on others. But, he was a political animal in understanding peoples' motivation. Nevertheless, he supported civil rights legislation knowing that would lose white racists and thus switch the Solid South to the Republicans.

    To argue that support of Great Society programs was a move to garner votes flies in the face of reality. To argue the point demonstrates ignorance, influence by repetitive Goebbel's like right-wing media, or a voluntary desire to change history by spreading lies. I hope that in your case, it's not the latter.
    Aug 4 12:44 PM | 2 Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    Iron Hamster - You were onto something in the beginning of your message. Why do you think all those things happened? For the last thirty years, hasn't there been a movement to deregulate markets? The denouement wasn't pretty, but didn't you just love it as unfettered capitalism was seemingly doing so well? The drunks took control and we're all going through the hangover.
    Aug 4 12:03 PM | Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    Jamesb - Obama's departure influencing the market! Really? All I have to do is keep up with the polls and I'll be rich. If only it were so easy!
    Aug 4 11:52 AM | Likes Like |Link to Comment
  • Europe Needs Spending Cuts, Not Tax Increases [View article]
    fiwiki - Welcome to a 19th century debate. Democracy is now the norm, and you can't officially buy your way into more political powerby taking away the vote from the poor. Poll taxes, a sneaky way of doing that used to be very popular in the South, until ruled unconstitutional. In the U.S., unlike more progressive democracies, you can buy unlimited advertising, and better yet, propaganda networks, to get the poor to vote against their own interests.

    As for leaving, real countries have genuine tax laws. They tend to care about all their people and provide a poor tax and sociological environment for those who value money first. Only very small countries can have a rational model that works for their own people by enticing the ultra rich to live there, spend, and profit on their leavings, rather than a genuine taxation model.

    So, if Monaco or the Cayman Islands will have you, you can live your dream.
    Aug 4 11:10 AM | Likes Like |Link to Comment
  • First Solar: Is The Company, Or The Industry, Presenting Long-Term Value? [View article]
    I compare FSLR to Kodak. Kodak did not die from bad products. Its photochemical model was overwhelmed by a cheaper technology. Similarly, as costs of silicon technology have declined, the lesser efficiency of FSLR's technology means that its higher per KWH installation costs are a relatively greater part of overall costs. Barring a technological breakthrough, I don't see a prosperous future.
    Aug 4 09:15 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Jhooper - I'm saying that in the context of the Nazi mindset, the elimination of Jews, however done, would have been seen as a necessity rather than a good, had Jews been seen as arming themselves.

    The American slave example provides evidence. Slave revolts led to further repression. While Southerners were not going to eliminate slavery, they would do what they felt necessary to prevent their property from doing them harm.
    Aug 4 08:54 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Jack - On policy, the easiest first and closing argument to use is that it would go against the Constitution. In the minds of many, a 5-4 Supreme Court decision not only decides legality - it confers sanctity.

    Thus we saw the derision of Justice Roberts by some on the Right in the recent ''Obamacare'' decision. He seemed to be joining the ''antipopes'' of yesteryear's Warren Court.
    Aug 4 08:38 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    r2q5 - That the Holocaust was due to gun control is quite a reach. If believing in a Jewish banking conspiracy could be one of the causes of Hitler's irrational hatred of the Jews, imagine what Hitler's mind might have conjured up with thoughts of a Jewish gun conspiracy. Using Hitlerean reasoning, wouldn't that have necessitated immediate eradication before Jews had the chance to do harm to the Aryan race?
    Aug 4 08:22 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - Letterman isn't running for President. Romney discounts his role as a former governor and cites his role as a businessman to indicate what he would do for the American people.

    We know he has made money with his businesses, sometimes by building them up, sometimes by killing them and selling the pieces. Job creation was not a critereon. Jobs came under the heading of cost cutting. For what it's worth, we know he collects homes, expensive cars, and horses that only the rich would have. And we know that he uses foreign bank accounts, not Germany or Australia to play currencies or interest rates. He has placed his money where historically it could be hidden and/or laundered. And he refuses to release previous tax statements.

    Were he a Democrat, what do you think the Fox smear machine would be doing with that kind of record?
    Aug 3 10:55 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - That ''King Obama'' reference. Horses, sport of kings? Maybe you got your candidates mixed up.
    Aug 3 10:34 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Buckoux - It depends what you mean by "lately" and if shorting puts counts for "stocks". In my US$ account, I sold GTAT Aug. $5 puts and sold KGC Aug $8 puts, both on July 7. Those two positions as well as two others previously taken, come to expiry/exercise/buyback next week.

    I do read WSB for the news, but a few political comments tend to be made. When they are sufficiently outrageous, I am moved to respond - - - which sometimes moves you to do so as well. And eventually, it would seem, it becomes about tweaking the person you have already categorized, rather than a discussion of an issue.
    Aug 3 10:19 PM | Likes Like |Link to Comment
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