15 October 2008
Where's a Gravol When You Need One?
14 October 2008
Until Next Time
During the past two years, Harper was able to manage the country fairly well from a minority position. His mistake was calling an election two years too early when the opposition parties really hadn't done anything to disrupt his mandate. I guess Harper felt that there was no better time to go for the kill against the Liberals, considering how weak and ineffective Dion has proven himself.
Some people will be happy, others upset...but all in all, I don't think Canadians have much to worry about. None of the opposition parties will be too anxious to trigger another early election and unless Harper shows tremendous strength in three or four years time, I don't think we'll see him repeat this error. Next time around, it's very likely the Liberals will have a new leader and if we're lucky, we won't have the NDP chihuahua around next time.
Yawn. In comparison to the American election extravanganza, ours is really pretty boring. Not that it's a bad thing...but it is boring.
08 October 2008
Obama vs. McCain - Round Two
Last night's presidential debate was a decent affair, once again McCain performed reasonably well, even though I disagree with his platform, and Obama, who wasn't supposed to be a strong "town hall" debater, did extremely well, held his own under attack, and looked a lot more comfortable than his counterpart. The real loser of last night's debate was the format. It stifled what could have been some interesting exchanges...and as I have a biased opinion, I think it would have allowed Obama to really call out McCain on some of the bullshit his campaign has been behind.
Some issues are gray, while others are black and white. The sad reality for John McCain is many of the stands he takes are simply the wrong ones. I know he's been trying his hardest to spin his tax policy as a good one, but it's just stupid. Rich people do not need tax breaks. Multi-billion dollar profit generators don't need them either. The middle class, on the other hand, does. This isn't rocket science, people. Same with health care. In a First World nation, people should not lose their homes and life savings because they needed their appendix out. That is ridiculous and it's shameful. As for foreign policy, Obama is dead-on once again and only an ostrich with their head buried in the sand would miss this. If Osama bin-Laden is in the target scope in Pakistan...damn right you take him out! You don't need to invade Pakistan to do it...a cruise missile would suffice, and not one country in the entire world (Pakistan excluded) is going to complain. And Iraq...
Anyway, a 10-8 round to Obama...no knockdowns, but I'm giving Obama an extra point after seeing how fast McCain fled the debate hall. He knows it, you know it...hell, even GOP whores like Rush Limbaugh know it. The strategy now? I don't think any of us want to know.
Are We Really This Simple?
I'd probably have more luck convincing my living room wall, but once again, it seems very few people actually understand what is happening and why...and even fewer people seem to have any interest in finding out. After all, trashing banks seems to be a typical Canadian passtime. Banks aren't charity organizations and no one is forcing anyone to borrow money...and if borrowing money at 4.5% rather than 4.25% is going to cause you to lose sleep at night, you've all got problems.
In the meantime, I and the millions of Canadians who have directly invested in Canadian banks and indirectly through their pensions/RRSPs owe a debt of gratitude to the Canadian banking sector for not falling into the same trap as many international banks fell into. Our "fat cat" CEOs are bargains with their few million dollar/yr salaries as opposed to gentlemen like the CEO of Lehman Bros. who grossed nearly half a BILLION dollars in a few short years.
Quit your whining people....it's tiresome. If you don't like it, vote for the NDP. Taliban Jack is going to take on our banks and make them and our economy as unprofitable as possible. Won't it be nice to all be poor?
27 September 2008
McCain vs Obama - Round One
25 September 2008
Let Them Eat Cake
There are various schools of thought on whether or not the US government should prop up the failing banks on Wall Street. Some oppose the idea of using public monies to save them from collapse while others think it critical to protect the American financial industry. I personally support the bailout proposal as long as there are safeguards in place to protect the necessary public investment, which is huge at 700 billion dollars. The way I see it, if taxpayers don't want to foot the bill now, they will certainly foot it later when they see their retirement savings and pension plans evaporate. That may not mean as much to younger voters, but for anyone planning to retire in the next few years, it could be devastating. And not only to Americans, but to investors worldwide.
What I can't understand is why House Republican, John Boehner, decided to stir up dissent now. President Bush, who has done very little right in his eight years in office, now is unable to even rely on the support of his own party in moving forward on the one of the few correct decisions he's made. My only theory is that this is a staged response, one that will allow John McCain to waltz in and take credit for bringing the dissidents to the table.
Sadly, this is utter bullshit. McCain, who has been a strong supporter of bank deregulation has zero credibility when it comes to battling this crisis. His "suspension" of his campaign was nothing but a political stunt after seeing his poll numbers sliding and watching his VP pick continue to flail around like an elephant in a china shop. I don't buy into comments suggesting he's scared to debate Obama, but I don't doubt that he'd like to delay the confrontation. Worse yet, suggesting rescheduling this debate on the date that the VP debate was supposed to fall was an even larger gaffe. Whether intentional or not, it gave the appearance that McCain's campaign is desperately worried about watching Palin drag down their support even further.
By all accounts, McCain said very little today aside from commenting that the US economy was in crisis. Uh...yeah. No frigging shit, John. You just figured that out? Barack Obama, while not an economic genius either, at least contributed to the discussion and had a few important points that will likely be included in the final proposal, if it ever comes to light.
In the meantime, while President Bush and his administration and Democrats attempt to solve this crisis in a timely manner, McCain sits silent, unable to offer anything useful, and House Republicans have chosen to politicize our retirement. Let them eat cake, eh? Thanks for putting the country first, jerkoffs.
24 September 2008
17 September 2008
Commitment to Quality
I've recently discovered that my incoherent ramblings have actually been read by a few people who live outside of my postal code.
After the initial shock wore off, I realized that it might be a nice idea to try and keep this blog updated fairly regularly and keep the content fresh, innovative, and relevant. I also thought that I should tone down on coarse language, but I don't want to get too radical. One step at a time.
At any rate, I will attempt to mimic the "saintly" figure displayed here and be a good blogger. Both the American and Canadian elections will be over in the next couple of months, so please bear with me if my halo tarnishes every now and then.
G'night all!
Stop the Bleeding Already!
There's no question that the bailout of the world's largest insurer, the collapse of the fourth largest investment bank in the U.S., and woes suffered by a number of others is clear evidence that there are some serious issues in the American banking industry. Unfortunately, the punishment for their sins is being passed on us...in our investment portfolios, retirement plans, and pension funds.
As with every other period of market turbulence, eventually it must come to an end, and if history repeats itself, world markets will be at record high levels within the next five to ten years. It is critical that investors do not lose their cool and make rash decisions that simply add more gas to this fire. Already, hundreds of companies who have very little connection or correlation to the financial services industry are trading at 52 week lows and have seen their market capitalization hammered. Has anything changed in the last week that would cause a pharmaceutical company to be worth half what it was seven days ago? The answer is no, and believe me, once the aftershocks start dissipating...large institutional and personal investors will start shopping for bargains...and that's a train I want to be on.
Stay cool....everybody stay cool.
16 September 2008
Rants on Music
14 September 2008
Laugh Before Bed
However, for another laugh before bed...from last night's Saturday Night Live.
You Know It's Bad When...
12 September 2008
Thar She Blows - Part 2
Thar She Blows!
Hate to State the Obvious
I've had a few things on my mind, so I won't waste anymore time and will get to it!
11 August 2008
Phelps Wins 18th Gold!!!
10 August 2008
The Damn Wife Comment
In all fairness, my damn wife of just over two months is indeed a true princess and did not deserve such an uncouth reference. On a sidenote and to update that post, I finally did finish Assassin's Creed and am now working on an oldy, but a goodie, GTA: Vice City!! So, I'll let you know how that works out when I finally finish it in early 2011!
30 July 2008
Laugh Before Bed
At any rate, here's a laugh before bed - another classic Kenny Rogers skit.
10 July 2008
Damn You, Bill Gates!!!
09 July 2008
Hours I'll Never Get Back!
Back After a Long Delay!
What can I say? I recently was married a month and a half ago, disappeared for a little over two weeks to Europe for my honeymoon, and spent a few weeks getting caught up at work and in life. I know that still doesn't explain the rest of the time I've been idle, but examining belly button lint is a nice way to procrastinate. Before I add a post with substance, I'd like to show off my favorite picture from my honeymoon. I think I missed my calling in photography, as you'll be able to see below.
And the worst part? That wasn't even the most disturbing thing we saw at the Madrid Zoo. If you have an attractive significant other, don't bring her within sight of the monkey cages. Trust me. I know what I'm talking about.
16 June 2008
Sorry for the Delay - Part 2
25 May 2008
Sorry for the Delay
17 May 2008
Laugh Before Bed
The Trouble with Fonts
Before the advent of the printing press, the vast majority of the written word was passed on in books skillfully written by the hands of monks working in the many abbeys across Europe. These men did not have the happiest of lives, forced to live in poverty and chastity. They were not allowed to own robes of different colours, had to pray twelve times a day, and as a final insult, had to walk around with funny looking haircuts that villagers and serfs made fun of whenever they went into town to see the latest hanging or witch-burning.
So, you can imagine the rage and anger that one of these devout men of God would have had if after weeks of painstakingly writing a thousand page Latin text by hand, their abbot were to come waltzing in and say, "Brother Giovanni, you wrote this text in Lucida Grande, I explicitly said VERDANA!!"
When I first started using a computer for word processing, I used a computer with a green and black monitor - different font options were certain to be a thing of the distant future. Yet, less than two decades since we made contact with fellow humans over the Internet, my new version of Microsoft Word has over 1600 different font options that I can use to make my documents look pretty. Well, actually it's a bit less than 1600, but I usually stop at Arial because I get bored looking further down the list. I like my documents to look as sharp, polished, and professional as the next guy, but is this really necessary. Lately, it's been taking me more time to figure out what font selection to use than to type up my document in the first place....and trust me, at this point in my life...anything that confuses my 35 year old brain is an abomination, a scourge that must be destroyed whatever the cost.
Let's put this in perspective for a minute - not only do I need to choose fonts for my Word documents, I have to choose them for my blog, for Windows, for my Playstation 3, for my DVD player, even for my stupid cell phone. The time that I have spent selecting them is time I'll never get back! Sure, my text messages are easier to read, and my PS3 does look kinda cool, but by the time I get things where I want them, Microsoft will just roll out a new version of their software, my cell phone will get flushed down the toilet, and my PS3? Well, nothing will come between me and my PS3...heh heh. Heh heh...err...what was I saying?
I still this is an issue that begs to be discussed further, but in the interim, please gaze at the Playstation 3.
Shameless Plug
It's a Beautiful Day in the Neighbourhood!
Well, actually I am...because this was actually taken a few years ago after the worst snowstorm ever seen in Halifax. I still thought it was a fitting addition to my blog considering that it supports one basic argument - that the weather on the East Coast of Canada is rotten.
Today, just one week before I get married to my beautiful bride, we're getting a dose of a typical Maritime spring...non stop rain, fog and drizzle. Both my fiancee and I are hoping that come next week, the mildew won't show up in our wedding photos. At any rate, we'll be leaving on our honeymoon on May 29th, after which there will be a two week hiatus of blog updates. We're going on a European vacation...Paris....Rome... and Madrid, after which point, there will be an avalanche of posts on how much Europe is than North America.I'll be back later today with an opinion of substance...perhaps on why I prefer waffles to pancakes, or a deep discussion on why Darth Maul isn't really dead and is in fact, Luke's real father. Until then, for those of you living south of say...the Canadian border...feast your eyes on the hell that we Canucks live in.
Can't you see the resemblence?
I thought this was a particularly nice photograph of Mr. Maul.
16 May 2008
The End is Near...what the hell?
You know, when I hear people talking about the end being near, I get suspicious. Damn suspicious. Do they mean the end is near for them? Or are they trying to convince me that my number's up? The naysayers want to spoil everything for everyone else... and dammit, I'm not going to take it anymore!
For almost a year, anyone who's tuned into any of the financial news networks has been bombarded with enough doom and gloom to make the Grim Reaper blush. Yes, the evil credit crunch is on the verge of turning Canada and our southern neighbour into Third World countries with nice ski resorts and better late night TV. In the financial services business that I'm in, I've listened to client after client complaining about the massive losses their investments have taken and I've watched wide-eyed new anchors say the word recession in such dramatic fashion, you'd think they just marched down Mount Sinai with the Ten Commandments.
Well, crunch this.
The Toronto Stock Exchange closed today at a new record high of 14984.20 and if oil and mining stocks continue in the direction they're going, we're going to see new record highs next week too. The polar ice cap might be crumbling, but the economy isn't. Even the Dow Jones is bouncing back after a rough fall and winter...but people, this isn't the news story of the millenium. Check out an Andex chart and you'll see that on average, we get hit by a recession at least once a decade...and over the past 50 years, we've seen dozens of major world events that will give your investment portfolio a good body shot, but like any good boxer, it will weather the storm, keep punching, and eventually do just fine...and it won't even look like Rocky Balboa after fifteen rounds!
It's true that what's happening in the American economy is not good, but the powers that be have a good habit of learning from their mistakes and not repeating those particular ones. They'll just find new, fun and wacky ones to create yet another crisis. The best possible thing to come out of this one is that if you've been wondering how your greasy, unemployed neighbour just bought the $300,000 house next door to you...rest assured that in another year or two, his ilk will be lucky to find a flea infested apartment to rent. And buy bank shares. They started this mess, their shares values dropped as a result, but happy cigar-smoking times are just on the horizon...once this recession comes and goes.
As a financial advisor, I hate seeing people make rash decisions that put them in a worse position or cause them to lose their hard earned dollars. So, my recommendation remains the same - stay invested, invest regularly, and if you're young...start early. That yacht that's waiting for you in the Caymans will thank you for it. Just don't forget your sunscreen.
When 35 years old is old
I don't believe him.
In fact, he's probably linked this blog to some sort of practical joke website.
I wish I was an only child.
15 May 2008
Bush opens his mouth...again
But instead of riding off in the sunset quietly, el Presidente continues to display his glaring deficiencies in high definition. Today, as widely reported by every media outlet on the planet, Dubya made a very thinly veiled attack against Democratic front-runner Barack Obama, likening his willingness to speak to America's opponents to "appeasing" terrorists and repeating the same mistake Chamberlain made with Adolf Hitler in 1939. The Hitler reference is especially interesting considering he made this statement to the Israeli Knesset on the 60th year marking Israel's independence.
Now...some might say that it was inappropriate to inject partisan politics into a speech made in a foreign country, marking such an historic occasion. Others might say that Obama's stance on dealing with unfriendly nations is just an example of his inexperience on diplomatic etiquette. And those others might be right....
But what is undeniably right is this - how can the single worst "decider" in U.S. history, the man who has made a mockery of his country to the international community, who has inspired a whole new generation of rabid suicide bombers, who sent Iraq and its people back to the stone age based on a lie, who sent Afghanistan and its people even further back to the stone age and forgot about them, and who is singlehandedly responsible for making the world a much less stable place....how can this man have the testicles to give anyone a lesson on how to conduct diplomacy?
Breathe in....breathe out....in....out.... OK, now that my blood pressure has retreated to a less lethal level, I personally think Obama has the right idea. If the West hadn't been willing to negotiate with Soviets, the war against terrorism would never have replace the Cold War. I don't believe a President Obama would talk to terrorists...however, I do think that he would be open to communicating with the leaders of hostile foreign countries, which is a completely different matter. This administration's foreign policy has done nothing but continue to isolate their enemies, embittering their populations, and widening the gap to normalcy. Today's attack was incredible coming from the likes of Bush...and seeing John McCain's immediate favourable reaction is a strong signal that the GOP will continue to feed on fear and ignorance. Guess no one has told them that while it's good to keep your friends close...it's wiser to keep your enemies closer.
Welcome to the One Sided Argument
There are two sides to every argument...the wrong one...and mine. I don't like admitting I'm wrong (just ask my beautiful bride-to-be) but on occasion, I'm forced to eat my words. In fact, I argued for years that blogs are stupid. They're dumb. Only people with no lives have the time to burn on them. And since my brother had one, it meant that he was stupid, dumb, and had no life. Well...here we are and I realized that my little brother is none of the above and actually has won a fan following on his blog, so in no way was I about to be outdone by the kid I used to bodyslam and suplex all over my house in the nineties...when wrestling was cool.
Please enjoy the time you spend here - I hope you agree with me...or else I'll have to hunt you down. Well, no I won't do that...but if you do have to disagree with me, please ensure that your argument is weak and is one that I can easily overcome. I'd appreciate that. Thanks.