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Rich in Quebec

Rich in Quebec
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  • Wall Street Breakfast: China Cuts Benchmark Interest Rates Again [View article]
    Frank - Just for the fun of it. I googled up the periodic table, something that every chemistry student sees, if doesn't quite understand. There's a 4 + minute Ted Talk on the subject. I found it interesting though very basic. If considered too dry, the Tom Lehrer song, found on the first page of googling up periodic table on the elements brings back memories and should bring smiles to anyone. That's from a cursory search.

    The point is that there's all sorts of data available nowadays on the Internet even if a teacher is unavailable. I know that when I subbed years ago, if the teacher had left instructions for the class, I respected them. If not, if I could give what I considered a useful and interesting viewpoint on the subject matter, even if it was not officially part of the curriculum, I would. If not, I would give my version of the one best class I had as a college student, which basically was a short version of the history and future of world population growth. Lots of kids who only had me once had that class. Only when having exhausted the above would I turn the class into a study hall.

    That a school would go to the trouble of finding irrelevant entertainment as filler for when a teacher is absent seems ridiculous.
    Mar 2, 2015. 02:50 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Cuts Benchmark Interest Rates Again [View article]
    DeerCreekVols - When James referred to Pitbull, I thought dog. When you referred to - he, she, it, they? - I noticed the capital P -. That's still not enough to get me to google the item.
    Mar 2, 2015. 02:05 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    Wyostocks - If Alberta finds enough waste to eliminate and it can get by without raising taxes, O.K.. But, considering that they are the only province without a provincial sales tax, that could obviously be considered.

    If Alberta had the attitude of Norwegians, they would long since have taxed themselves based on current needs and current revenue without using petroleum revenue. Norwegians sock away revenues from non-renewable assets, and invest it for when their descendants will not have non-renewables available. So untypical!
    Mar 2, 2015. 01:53 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets On Edge Before Yellen Round Two [View article]
    Wyostocks - When the health plan you end up passing is basically a Republican plan, and you have to do it with no Republican support, it should be obvious who is willing to compromise.
    Mar 2, 2015. 01:38 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Cuts Benchmark Interest Rates Again [View article]
    gggl - It is well known by anyone looking into it including liberals that if you take a snapshot look at any economy, low wages keeps or increases jobs and high wages drives them away. If that static simplistic view is all that can be understood about the issue, then going towards indentured servitude or slavery is a good thing.

    I am originally from the mill town of Holyoke, Mass., population about 53,000 during my formative years, down from about 70,000 before the Great Depression hit. It's about 40,000 now. Our mill jobs went to the Carolinas. Our $3/hour (well above the minimum wage of the late 50's and early 60's) labor could not compete with $1 / hour.

    New England in general, went through and came through loss of much of its manufacturing industry, and was then and is now a relatively rich part of the U.S.. New England had transitioned through a previous loss, that of its agriculture, when the Erie Canal was built signaling that food from the Ohio Valley and elsewhere would forever beat out what New Englanders could grow in their cold rocky soil.

    To put it in a nutshell, New Englanders have long decided that education could provide for a good life and that they would not base a good life on having part of their population undercut competitors by providing ever lower wages. Yes, those ever lower wages will bring in employers. But after a couple of centuries of comparison, I'll take Massachusetts over Mississippi any day.

    PS on Holyoke -What particularly rankles me about Holyoke is how it changed over time. It started out as a planned city, built by private enterprise on a proposed dam site around 1850. By 1876, its optimistic citizenry was willing to pay for a new luxurious neo-Gothic city hall up the hill on High Street away from Main Street rightly thinking that the City would continue to grow. Fast forward a little over a century later, and its citizenry was unwilling to spend on schools and other necessities - part of a ten question referendum) and even sold part of the City's heritage to meet current expenses. Way back when, they had been Progressive (some even real Socialists). By the1980's, they were Reagan Democrats unwilling to spend on anything that did not have an immediate positive impact for them - they agreed to vote for more fire equipment when warned by insurance companies of higher rates.

    Knowing the history of my town, and living through many penny wise and pound foolish policies while growing up, and watching it during its nadir of the 1980's, I am glad to see it turning around today and realizing that TOGETHER progress is possible.
    Mar 2, 2015. 01:21 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: China Cuts Benchmark Interest Rates Again [View article]
    gggl - The great powers don't produce battleships, cavalry units are way down, and now there are fewer tanks. That Germany has fewer tanks means to me that drone technology has rendered them largely obsolete, at least vs. modern armies.
    Mar 2, 2015. 08:29 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    Bwilds - No one can truly understand a problem, let alone find solutions, unless they are given the true story. The solution proposed for the looming problem of ever growing debt is entitlement cuts. Yes, that would work. But, of course, reverting to tax rates prevalent during the Clinton administration would too. It would not be your preferred means, as your solution would not be my favorite, but both methods work.

    Presently, the province of Alberta is staring into the abyss as lower oil prices cut the province's revenue. The provincial Conservative government is wondering where to make cuts to avoid deep deficits. They are ignoring that Alberta is by far the country's lowest taxed province. If Alberta was just tied with the next least taxed province, they would have a strong surplus.

    There are often many ways to solve a problem. It is basically dishonest to cite one's favorite solution as the only solution.
    Mar 1, 2015. 04:10 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets On Edge Before Yellen Round Two [View article]
    Wyostocks - Obamacare is a great example of a Republican version of healthcare, born during the Nixon era, passed in Massachusetts under Romney, that was compromised and bargained away to the point that eventually no Republicans felt compelled to support it. The President needed was give 'em hell Harry Truman, not a cold, rational Barrack Obama naively thinking that he was dealing with other rational people trying to find neutral ground. It got so bad, if I remember correctly, that the Democratic Senator of Nebraska wanted a gift for his constituents too.

    Compromise is a two way street, a lesson that Republicans, considering what a soft touch Obama was in his first two years, understandably have yet to learn. Obama has smartened up knowing that too many Republicans view compromise as treason.
    Mar 1, 2015. 03:47 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets On Edge Before Yellen Round Two [View article]
    BlueOkie - Obstructionism has unfortunately become part of the political playbook in the U.S.over the years. The Hastert Rule, not allowing any bill to come to a vote unless a majority of the Republican Party supported it, is named for a former Republican leader. Should it be surprising that whether cause or result, that it taints the entire political system. I do find heartening that many Conservatives on this site have come around to thinking that working together is a good thing. Logic dictates that they don't assume that unconditional surrender is called for, but, dare it be said, compromise.
    Mar 1, 2015. 10:22 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets On Edge Before Yellen Round Two [View article]
    crademan - Thanks! This explains a lot. In particular, any reference to the "Clinton surpluses" usually has someone citing tables "proving" that there were never any surpluses. This has been all the more surprising in that both Republicans and Democrats have taken credit for the surpluses. Clearly, this study is a cherry-picker's delight, providing supposedly objective information to backstop whatever point of view that is being proposed. Reading the different perspective allows a truer and more honest version of reality.
    Mar 1, 2015. 08:17 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    DeerCreekVols - Whoops - That's UNG 13.5 puts which are 1X as compared to UGAZ being 3X.
    Feb 28, 2015. 09:22 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    DeerCreekVols - If any nausea was caused, it was to you, not by you. We tend to act like a class full of overly exuberant students.


    As long as I have your attention, natural gas is back into contango, which would make UGAZ a particularly bad investment if you're in for a long period and gas doesn't go in a positive direction. Also, while winter will eventually end, the drop in drill rigs hasn't yet had much effect on production. I had written weekly 13.5 put options that expired February 6. I didn't have the guts to renew. The other way to look at it is that it took a record cold February to keep gas as high as it is now. My 2 cents / U.S. 1.6 cents.
    Feb 28, 2015. 09:15 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    BlueOkie - Because of our multiple parties, and because only one is on the" political Right, the Conservatives could form a majority government with less than 40% as they did in the last election. There will be a Federal election in October, and Stephen Harper is close to the lead. His "all in" on energy has not paid off, with the Keystone decision symbolizing the failure. What has saved him is the attack on Parliament and radical Islamists trickling over to join Jihadists in Syria. For now, Canadians are concentrating on security, and Conservatives are playing their strong suit in pushing through a tough security bill in Parliament.

    Royalty gets little support in Quebec, but overall, Canada is still more Royalist than Australia. If Australia becomes a Republic, look for Canada to follow shortly thereafter.
    Feb 28, 2015. 08:37 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    BlueOkie - Why would YOU want to censor free speech, If you can permit yourself to solve the world's problems, certainly a border should not prevent a born, bred and educated (B.A. poly sci.) American from responding to questionable opinions? Discredit or ridicule the ideas expressed if you wish, or just maybe, we can all learn from each other on this site. And once in a while, why not respond positively or negatively on an investment theme as DeerCreekVols has spurred us to do ad nauseum,.
    Feb 28, 2015. 08:14 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Bailout Extension Clears German Hurdle [View article]
    Wyostocks - Read the paragraph just above the one that provoked your response. - Hint- clean water - Quabbin Reservoir. Let's hope that your memory is selective rather than being limited to the last sentence observed.
    Feb 28, 2015. 07:50 PM | Likes Like |Link to Comment
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