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Rich in Quebec

Rich in Quebec
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  • Canadian Housing: It Actually Is Different This Time [View article]
    Unintelligible Investor - I agree that Canada will likely return to a more balanced economy with manufacturing benefiting from a lower dollar. I wrote to indicate to Americans, likely the majority of the readership, that less than $1 gas that we now have is per liter and NOT per gallon, generally more expensive than what is found south of the Canadian border.
    Jan 20, 2015. 07:50 AM | Likes Like |Link to Comment
  • The Coming Euro Crash [View article]
    Netbluesky - Back in 1965, I remember doing a term paper in an international relations class where while doing research I came across events in the Soviet Union where decisions were made that seemed illogical unless placed within the context of truly blind faith in what was a failed philosophy. I don't even remember the specific items but I have looked for and found such bad decisions throughout my life. The most obvious was Trotsky's easy acceptance of the disastrous Brest-Litovsk Treaty that got Russia out of WWI in 1917. He believed that the upcoming workers revolt in Germany, pre-ordained by his reading of Marx, would soon have the proletariat of both countries resetting borders on a fair basis.

    What has an impact on an opponent is not necessarily the rhetoric that may inspire us. The mindset of the opponent must be considered.
    Jan 17, 2015. 07:18 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    Wyo - I'm glad you have/had superb parents. The concept of reversion to the mean, for some reason, sprung up in my mind as I was reading your comment.
    Jan 17, 2015. 12:45 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    Buckoux - I have harvested sugar in liquid form from trees. Quebec leads the world in maple syrup production. Then again, we led the world in asbestos production too. My parents bought the cottage I now own in 1959 from a miner only months away from death by asbestosis. We humans rationalize all sorts of disasters in the making for the sake of monetary gain.
    Jan 16, 2015. 06:45 PM | 1 Like Like |Link to Comment
  • The Coming Euro Crash [View article]
    Netbluesky - I am glad that Marxism collapsed. I am not ready to credit Reagan's military spending as the main factor. Marxist policy died because of a loss of faith by its adherents. For decades, Marxist thinkers tried to explain away continued wealth generation in rich countries by neo-colonialist exploitation. The growth of the Asian dragons, particularly Singapore, which had no physical assets, was impossible to be explained by traditional Marxist ideology.

    The rest is detail. Under Gorbachev, not ready to take lives to prevent the downfall of a corrupt regime, implosion meant that the Soviet Union broke up. Under Deng, Confucian order was maintained ( the Tien An Minh Square Massacre), the country stayed intact under Communist Party rule, and a different colored cat that was better at catching mice, to use Deng's analogy to the present state capitalism model, began to flourish.

    In comparison, Reagan's military buildup and Pope John Paul II's support of the Solidarity movement in Poland, pale in significance.
    Jan 16, 2015. 01:48 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    gadmc - The biggest threat to Cuba is that the big lie given by the regime, that their poverty was due to an American blockade, will be seen to have been bogus. Certainly, American money should help, but there has been an open door from others to exchange with Cuba. The closed economic system has been the greatest hindrance to development.
    Jan 16, 2015. 01:23 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    James - In any sport, when the referee is being watched, the referee has likely blown it. Police are necessary as are referees. They both are at their best when they are not noticed, and certainly not watched. When the "game" gets out of hand and people question how the rules are being interpreted, the referee has failed.
    Jan 16, 2015. 10:16 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    James - When police turn their back on their mayor, the mayor and police have both lost. When the thin blue line gets broader and intensifies the normal US and THEM feelings of the police, then society loses.
    Jan 16, 2015. 09:45 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    Perplexedtex - I will not prod and ask if you are a smoker. But if I were to guess, I assume that you got Cuban cigars while on a trip to Canada.
    Jan 16, 2015. 09:38 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    Interesting times - Many Canadians have gone to Cuba over the years. It's a bargain as compared to other Caribbean sunspots. I'm not a sun and sand ocean beach person and have never gone anywhere in the Caribbean. Since I have dual citizenship but only have an American passport, I definitely would not go to Cuba - - - for now.
    Jan 16, 2015. 09:34 AM | 2 Likes Like |Link to Comment
  • Why I'm Buying Up Coal Stocks [View article]
    Ferjen - I am not going to debate the question of climate change. The experts overwhelmingly agree that it exists and that humanity is its cause. I hope they are wrong or that the extra human caused global warming is cancelling out the next Ice Age, much as making bread during winter helps warm the house. I find that denialists argument would be that like arguing that baking bread during summer is not the cause of a hot house since the sun is causing the great majority of heat and that any number of ovens would not have an impact. Sorry for resorting to a simple down to earth argument, but that is the level of argument that might have an impact on those who think that cherry picking doubtful data is relevant to the question.
    Jan 16, 2015. 08:38 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Swiss Stocks Extend Slide [View article]
    Interesting Times - The Cuban embargo would have been lifted decades ago if not for electoral politics. As long as Cuban Americans were strongly pro-embargo and Florida's electoral votes were a chad away from being lost, no political party dared make a move. If trade with former enemies, even those that won against them like Viet Nam, could be accepted, a Cuban embargo was nonsense. Now that the Cuban vote is more closely divided, I expect Republicans to hop on the possibility of "creating American jobs" by dealing with Cuba.
    Jan 16, 2015. 08:03 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    Polecat - Gambling as a non-tax method for filling government coffers is certainly not generally approved by "liberals" or "progressives". Just look where casinos tend to be approved and where they are widespread.
    Jan 16, 2015. 07:49 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    Husker Bob - There are lots of social programs worldwide that exist because of their overall worth to society. "Free" to the user education along with compulsion to comply is expensive, normal and easily understandable and justifiable. There is no advantage in having an illiterate population. Rich civilized countries provide all sorts of other services usually at a lower cost and of a lesser value. Parental leave is one of these programs where the U.S. is far behind the rest of the civilized world.

    Jan 16, 2015. 07:43 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    Tony - Boston has a long history of protesters. All that hard cider probably inspired some of them to dress up in native American costume and try to brew a very large and salty quantity of tea in Boston Harbor in 1773. The arguments used to justify this folly did not sastify the authorities. They agreed with your assessment. "Stupid folks do stupid things with stupid arguments."
    Jan 15, 2015. 08:02 PM | Likes Like |Link to Comment
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