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Rich in Quebec

Rich in Quebec
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  • Wall Street Breakfast: Alibaba To Launch International Taobao [View article]
    447520 - Doing right by minimum wage workers may finally occur when those of the middle class finally figure out that they are negatively affected by the existence of an ever larger and more impoverished working class. It doesn't say much for the empathy of those who would do nothing, who only decide that there is a problem when there is a realization that the THEY includes ME.
    Nov 20, 2014. 10:27 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Dollar General May Have To Divest 4,000+ Stores [View article]
    Blueline - I waited until tonight to see if an authoritative response would be made earlier on. Generally, a population subject to endemic disease gradually becomes more tolerant to it by natural selection, The fragile tend to die and those with the ability to survive do so, and produce similar offspring as themselves. For instance, Europeans who came to America with and after Columbus would still get sick from their European diseases, but could accidentally produce genocide in the native population.

    Since Ebola has not been around very long, there might be little difference of effect in different population groups. But, if there are differences, Africans should benefit from whatever natural selection that has occurred. Moreover, were the disease to become widespread over time, more contagious but less lethal strains should gradually be selected for, since both those factors would favor the continuation of the disease.
    Nov 19, 2014. 09:48 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Abe Delays Sales Tax Hike [View article]
    Buckoux - Term limits is one subject on which you and I agree.
    Nov 18, 2014. 05:43 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Nikkei Dives As Japan Slips Into Recession [View article]
    James - Here in Canada, much has been done in commemorating WWI on its centenary, particularly now that the very last of its participants have died. It reminds me of a similar situation in the U.S. commemorating the Civil War during the early 60's. There is an absolutely wonderful 5 part TV series called Apocalypse that I've seen in both English and French. It uses old film (colorized) which adds substance to the story which we all read about in elementary school. Apparently, it is available on some specialized networks in the U.S..
    Nov 17, 2014. 07:52 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Blue Okie - I use FinViz as the best free screen I have found. I use about 5 or 6 factors out of dozens that could be used. I don't personally use dividends as a critereon because U.S. dividends are more highly taxed here in Canada, and because the search for dividends has left , in my opinion, dividend paying stocks overpriced. I do use future P.E. under 10, and as a criterion eliminating "catching a falling knife", price must be above 20 day simple moving average. Any stock that is screened and interests me based on sectors that I believe should benefit from tendencies in the economy, I then search on Seeking Alpha to see if there might be an article that might flesh out what I have been able to find.
    Nov 16, 2014. 11:57 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Wyostocks - I could argue that I am simply providing a dispassionate viewpoint on a subject, that as you accurately point out, does not affect me directly. But, that would not really be true. I was a social studies teacher who never left a passionately expressed viewpoint by a student, go unchallenged, even if I happened to agree with it. I don't start political discussions on this Board, but I will respond to a right wing assertion if Berbno or Bob 123 or others haven't yet done so.

    I was educated in the U.S., majoring in political science, and taught Social Studies in the U.S. before the Viet Nam War caused a change in my residency. Having been born in the U.S. of French Canadian parents, and having learned French at home before stepping outside and learning English, I have always lived with hyphenated-citizenry, before and after I moved to Canada.

    If I have seemed quick to point out what might seem negative and obvious to someone from "away" scrutinizing the U.S., those who have assumed that I automatically run to defense of Canadian superiority may have been surprised that I find much to question and condemn here as well. Maybe it's because of a "pli professionel" - a professional fold , from years of being a social studies teacher - or maybe I'm just a lot "ornerier" than DeerCreekVols.
    Nov 16, 2014. 11:23 AM | Likes Like |Link to Comment
  • What Happens When Solar Costs Go Below Fossil Fuels? [View article]
    rip2451 - Your approach is providing the "certification". In the highly unlikely event that future evidence reverses the almost universal conclusions scientists have come to from the data that have been accumulated so far, you will have been proven to be right and nevertheless foolish in your approach to the subject of climate change.
    Nov 15, 2014. 06:26 PM | 2 Likes Like |Link to Comment
  • North Dakota to require producers to make oil less volatile before shipping [View news story]
    Saratogahawk - On wheel chocks, I agree with you and I've wondered why I haven't seen that item brought up elsewhere. The train was left, unlocked, unmanned, engine running (to keep pressure up on air brakes, in the village of Nantes 7 miles upgrade from Lac M├ęgantic. Computerized brakes would have made no difference since they were operating and overheating on the way down the long incline.
    Nov 15, 2014. 01:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    BlueOkie - My refusal to buy Berkshire on the basis of a quick drop when Buffett retired or died , goes back to the mid-80's. I've been wrong for a long time on a company I liked. I didn't know or understand Apple or Microsoft well enough to ever have invested in either.
    Nov 15, 2014. 01:40 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Blue Okie - On Haitian government corruption, I agree. Government must be effective, whether all the way from familial tyrannical totalitarianism to redistributionist social democracy, for capital to be invested effectively. If the rules are doubted or constantly changing, capital will not be invested.

    Go back to the earliest civilisations. There had to be a way for the Nile floods to water more than a few yards on its banks. Government provided the rules, the means, and made possible the specialisation that made civilisation possible. Whether totalitarian or egalitarian, government had to exist.

    It's not either or. "Job providers" are not working in a void. Orderly government, a market for products, workers capable of production as well as management ( a specialized form of labor), investing capital ( stored profitable labor) , are essential for a growing economy.
    Nov 15, 2014. 01:32 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    WMARKW - Before the conquest in 1763, government worked hard to make manufacturing jobs impossible in New France. Mercantilism still was the prevailing economic theory in France, and colonies were supposed to exist to provide raw materials for the mother country's factories and a market for the finished product.

    But, as to the fundamental question of who creates jobs, think of a failed country like Haiti. Without sufficient demand from domestic consumers, only the export market can support an industry, and without a government to provide sufficient order, no capital will be provided to fund an industry.

    The arguments surrounding Hilary Clinton's comments reminds me of Jonathan Swift's ridicule of those arguing which end of an egg should be broken, in Gulliver's Travel. The inability to see beyond one's preferred political viewpoint leads to such sterile sophistry. Capital, whether from public or private sources, will not be invested unless it can be safely invested where labor is competent for the task and with a market rich enough to buy it. Without all three elements, capital will not be invested, at least not for profit, which is the reign of capitalism.
    Nov 15, 2014. 08:03 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Al - I'm trying to play lower petroleum prices in general and as a secondary theme, a lower Canadian dollar. So sold Goodyear (GT) $20 Nov puts @$1.30 on Oct 16 - lower input costs and more travelling should mean more tires used, Sold Wabash National (WNC) Jan $10 puts @ 60 cents on Nov. 4 - lower petroleum costs should mean a lesser competitive disadvantage for trucks vs. trains. They service the trucking industry. To play any frenzy for aluminum auto parts following the Ford F-150 introduction and to play the Loonie, sold Martinrae (MRE ) Jan $10 puts @ 65 cents. In a rising market that we've had, for the earlier trades, I would have been better off buying the stock, but that's a "problem" that I wish I had more often.
    Nov 14, 2014. 09:16 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Blue Okie- I haven't ever owned Berkshire Hathaway precisely because of what I perceived as too much extra value that could be lost in a flash because of the death or retirement of one man. It was a $7,000 share back then. Only the A shares existed. It dropped about $!,000 today to about $218,000. What a mistake!!!
    Nov 14, 2014. 08:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    Blue Okie - No one raindrop ever caused a flood, yet all floods came from too many raindrops. Or for the politically oriented in the U.S. - no one vote passes a bill - except for when it's close - then your individual legislator is personally responsible for every single flaw in Obamacare. - Hey, it worked for the Republicans.
    Nov 14, 2014. 08:34 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: France, Germany Report Slight Growth In Q3 [View article]
    WMARKW - I don't know if your comment was tongue in cheek or not. Your idea has already been suggested by CH Douglas. During the Depression, the then poor province of Alberta tried to bypass the banks and the Federal government by printing money and sending checks out to families. It was supposed to represent the amount skimmed off by the financial system. The Federal government stopped them from implementing their plan. The movement stayed popular in the west and even came to Quebec where it was proposed that stay at home moms get money from government to stay home and look after the kids - You may wish to condemn it as socialism and thus left wing. It was considered right wing populism, a last fight against women leaving home for outside work and thus destroying both home and country.

    I always scoffed at Social Credit as being based on a theoretical flaw (the demand for goods and services being less than supply according to Douglas), and inherently inflationary. However, with money created by the Fed going to the moneyed class and just pricing bonds and stocks ever higher, I'm beginning to think that Douglas' idea was a lesser evil.
    Nov 14, 2014. 08:24 PM | 1 Like Like |Link to Comment