Comments on: It’s that simple

By: crankycoder.com » Links for October 26th

crankycoder.com » Links for October 26th — Mon, 26 Oct 2009 16:19:19 +0000

[...] It’s that simple — Greater Fool – The Troubled Future of Real Estate – [...]

By: Bill

Bill — Sat, 24 Oct 2009 21:02:17 +0000

And here’s how our commodity leader is doing…

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Potash giant announces layoffs for hundreds of workers in Saskatchewan
Fri Oct 23, 2009

By The Canadian Press

SASKATOON – A day after Postash Corp. (TSX: POT.TO) announced that its earnings had plunged, the company has announced it will issue temporary layoffs to roughly 800 workers at three mines in Saskatchewan.

Bill Johnson, a spokesman for the company, says workers at its Allan, Rocanville and Lanigan mines will be affected.

He says layoffs will happen in November and December and he expects they will last two or three months.

Johnson says some of the workers could end up doing other jobs with the company, including maintenance or construction.

There have been two other temporary layoff periods this year for workers at the company’s mine sites.

In 2008, the company earned about $1.2 billion US in the third quarter, compared to $248 million for the same period this year.

By: David Bakody

David Bakody — Sat, 24 Oct 2009 20:52:27 +0000

#109 Paul B in Ontario on 10.23.09 at 8:09 pm

Paul …. when markets (housing) go south they do so in a hurry, it is just like you wake up one morning and the bus has left town, you go to the bus station and they are all gone. Prices fall buyer’s wait for the bottom and those who do want to buy go for the throat. What is different this time Paul is all this is compounded with Job Insecurity & a Increase in both provincial and federal taxes. Couple this with poor world markets and a very good chance one G-20 member might start acting on their own and this buy American is real and they have yet to really play hard ball. So just be careful and look after #1, pay down debt, save and invest wisely.

By: David Bakody

David Bakody — Sat, 24 Oct 2009 20:35:42 +0000

Oops hit the wrong key, lost a dilly but in part. Here in our Halifax Newspaper in bold letters “Growing deficit a worry” goes on to say Canadian taxes must rise and TD has now predicted a $90B deficit and it is more like $100-$ 110 Billion! Bad government polices and a host of other dad moves has made things worst. We here have read Garth Turner’s words and now most will or have come true. In any rate economist are now protecting their own jobs by echoing Garth’s words …. strange thing about the truth it is hard to hide ….. Harper’s majority band wagon has a few loose wheels and for those who might see light at the end of the tunnel as stated by Mr. Flaherty …..careful it just might be a train.