Well, that was fun.

Libs and Cons. Cats and dogs. Or, cats & cats. Man, we have only just started – especially now with word from Canadian Press that Mr. Harper may force a confidence vote next Friday. Nonetheless, despite how much fun we’re having, this is not a political blog.

And it’s going to stay that way. I know I made a political comment or two, but, suck it up. It’s my site.

So, here’s the deal.

If you want to talk about the economy with me, about real estate, about personal finance, interest rates, the stock market, your mortgage and where the hell we’re going, come and do it here.

If you want to yak with me about politics, do it here.



#1 dd on 09.11.09 at 10:07 pm


Politics and religion. Just can’t win.

#2 Flounder Digest on 09.11.09 at 10:37 pm

Always preferred black cats. Look at this one. Its obviously a much cooler cat . . . So you got the labels right, Garth.

#3 kc on 09.11.09 at 11:23 pm

Why do I have this strange feeling we are in for a hell of a ride watching the year of 2009 pass away??


#4 Dan in Victoria on 09.11.09 at 11:24 pm

Black and white, What was the dow on Sept 11/01? What was the dow on Sept 11/09 ? .

#5 Dan in Victoria on 09.11.09 at 11:29 pm

Here ya go 9605.41 in 01 and 9605.51 in 09 Where’s it going next?

#6 Mike - laughing CAT looses on 09.11.09 at 11:30 pm

The laughing CAT wil loose catelections. It should know too much confidence = arrogance – and there is pay for that. Let’s put these cats where they belong: back on street (?)

#7 Eduardo on 09.11.09 at 11:35 pm

Cool beans Garth. As long as this site sticks to economics I’m not even going to go over to the other one because it makes me too frustrated.

#8 nonplused on 09.11.09 at 11:42 pm

Who cares about politics??? Those folks all take thier orders from the bankers who get them elected. The rest of it is a show to keep the public amused. Like WWE Wrestlemania or something, only with school girl name calling instead of body slams and fake holds. Boring!

#9 Nostradamus Le Mad Vlad on 09.12.09 at 12:34 am

Finances, numbers — working things out via my noggin — and I are allergic to each other, but connecting different dots in separate links works a little better.

Another poster (forgotten who) put this up a night or two ago, but it’s making waves again so, for Grace and other posters who may be interested (not the ones from The Funny Farm), see the headline on the first link . . .
. . . and connect it with the second —

The US fiscal year ends in a few weeks — Sept. 30 — so the insiders understand that things are happening at lightning speed and therefore, dumping their shares and taking profits with no fanfare.

Also, figure out Wall St.’s ‘big boys’ taking over life ins. policies and put it with the deliberately created A-H1N1 pandemic. Hmmmm — wonder who profits there?!

We’re all gonna have a real October Onward Spectacular! Only interesting because yours truly and the better half will be in Toronto for a fun-filled vacation then!

#144 Gord In Vancouver at 9:10 pm — “Unemployed Canadians could be in serious trouble.”

See above. If everything falls into place, first the US tumbles down, then Canada and Mexico. After that, the UK, Eurozone and many others take their lumps. During this time, the following happens.

Ingredients for the vaccine. Aren’t y’all a tad peckish now?! See poster #2’s comment at the end. —
When the preceding happens, this (climate change) will be fast forgotten. Biting and long winters henceforth?–

#10 GG on 09.12.09 at 12:36 am

Gee..I see there’s nothing much to talk about in this blog anymore.

The economy is getting better, home prices are getting steady, job figures are starting to go up…..

This blog is suddenly getting old and so are your books Garthy…Time to reinvent this site and rewrite your books.

#11 GG on 09.12.09 at 12:39 am

Garth….have you gone color blind. Those two cats are suppose to be white.

#12 Mike (Authentic) on 09.12.09 at 3:43 am

Good idea Garth (re: Topic). :)

Anyone read this?

“According to the current economic fashion, the big increase in federal and provincial debt is essential to stimulate the economy. Right or wrong, Canadians will still have to carry a $1-trillion national mortgage. ”

and opinions on this thought?

“The Bank of Canada is forecasting a V shape rebound for next year and OECD is forecasting a strong demand in Oil. It is probably that last dip before the beginning of a new Bull market”


#13 X on 09.12.09 at 7:05 am

Bankruptcies on rise:

US tariff on Chinese made tires:

canadianmoneyforum readers discuss Toronto RE:

#14 X on 09.12.09 at 8:57 am

In a way it would make sense if the derivatives market were to be the next shoe to drop.

The first shoe to drop obviously being the RE market, where millions of people were over leveraged, and thousands of banks were also, with their loans to assets ratios.

Derivatives are often leveraged, and the market is generally unregulated, so if something were to happen (cough – china rumor) to cause the banks to have to ante up or to lose out on some potential income, we could be in for round two.

On one hand, I hope that would never happen as the ramifications could be immense. On the other hand, perhaps it would be an efficient way to purge, clean up the banking system.

#15 Bill-Muskoka (NAM) on 09.12.09 at 9:00 am


Glad to see your political site up and running. I laughed this morning when I read the RE section..’Sizzling Hot Market…Buy Today!’

To whomever wrote that I ask ‘Oh really? Well, then why Mr. RE agentman are the same homes and buildings for sale that have been for the past two months?’

Liar! Liar! Pants on FIRE! (There should be mandatory auto-ignition pants required for all RE agents. Tell a lie and POOF your ass is smoked)

#16 DaleFromCalgary on 09.12.09 at 9:07 am

Were you buying physical gold during the summer? Aren’t you glad you did? Aren’t you sorry you didn’t?

Oil, gold, and silver will see you through the rough spots while your neighbours brag about their new house in public and eat generic macaroni-and-cheese in private.

#17 jess on 09.12.09 at 9:17 am

7 Eduardo –

I think you would like to read a book(Wealth by Stealth) by Harry Glasbeek UofT law professor written around 02.

How tricky it is to change(behaviour/beliefs) when it is the law.
The book is a lovely synopsis of self interest trumping disinterest.

#18 Tony on 09.12.09 at 9:33 am

#5 Dan in Victoria

I see DOW retracing to around 7,400 then to the 5,000 level as the facade of lies on Wall Street finally catches up with main street. The jobs figures have been understated every month and god only knows what other lies have been told. The true picture is commercial real estate is the next shoe to drop and residential real estate still has another 25 percent to go on the down side. The stimulus package for residential housing runs out November 30th this year. This bear market rally has been nothing but the US government buying stocks at 9:30am and 3:00pm every business day since March 6th. Earnings are simply the worst on record and nothing can justify current stock levels with the high price to earnings ratios. The old adage tell a big enough lie and everyone will believe it is simply a poor reason to buy stocks because everyone else is. You have to see the real picture in America and know in 6 to 8 months time things will be worst in America, much worst and the stock markets can’t hover in la-la land for much longer.

#19 jess on 09.12.09 at 9:34 am


Look around the world and what do you really SEE

Contempt is often brought about by a combination of anger and disgust.

Although it is interesting to me that we hear in the media that our banking system is the finest however ,can the same be said for canadian companies in other parts of the world that disrespect their environments by polluting water,air,soil.

#20 mike as in mike on 09.12.09 at 10:46 am

#15 Bill wrote:

Liar! Liar! Pants on FIRE! (There should be mandatory auto-ignition pants required for all RE agents. Tell a lie and POOF your ass is smoked)

Great idea however it’s only a lie if you THINK it’s a lie.

#21 canadarocks69 on 09.12.09 at 11:17 am So gm ha decided to restore wages back to what they were before cuts were indroduced for all there workers.

#22 ralph on 09.12.09 at 11:54 am

Looks like the tax hikes have already started with EI premiums in 2011.

I would urge people to get their heads out their collective asses and show up to vote next time.

If we want things to change in this country it is not going to happen unless people actually get involved. At least go down to the polling station….hold your nose…cast your ballot. How hard can that be?

Only about fifty percent vote at any given election and politicians know this.

#23 The 'VULTURE' on 09.12.09 at 11:57 am

Hey GG;

Some of the same and/or similar events, sentiments, consensus, attitudes, economic metrics and financial data aggragates that occured right before the Great Depression are occuring right now or have occured or possibly about to occur (economic laws of gravity, SURPRISE!). Don’t be so sure we are out of the “jungle” yet. Our governments issue “funny Money”, currency not real money. Maybe gold is the only real store house of value left. Gold is much harder to manipulate in value and has intrinsic value. Our money is only worth the paper that it is written on, maybe even less.

Leave Garth alone…in my opinion he is prophetic….a sage of tremendous common sense, insight, patience, foresight, integrity and wisdom. God bless that we have Garth around amongst all the financial chicanery, deception, manipulation, theft, monkey business and deceit that has been going on.

“Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence.” Albert Einstein

#24 kc on 09.12.09 at 12:21 pm

21 canadarocks69

“So gm ha decided to restore wages back to what they were before cuts were indroduced for all there workers.”

Here is an interesting piece of “what is, and what should never be” for you….

At work yesterday (friday) we had a shaft bust on a Cummins motor. Good ol’ N. American heavy duty part? new from the parts department $1500.00 turn it over and molded into the body of the new part???? CHINA … another sold out company…

#25 Eduardo on 09.12.09 at 12:29 pm

Thanks for the suggestion Jess. I looked it up and it’s on its way from Chapters.

#26 Daystar on 09.12.09 at 12:48 pm

#12 Mike (Authentic) on 09.12.09 at 3:43 am

Its a good link that indicates the seriousness of it. However… in 1997, the real estate market was a good one for buyers. Its a bubble now and when this bubble bursts, CMHC is on the hook to cover a huge chunk of losses over the next few years. It is estimated that with low rates and CMHC/banking deregulation leading the way to CMHC insuring mortgage backed securities against default, CMHC could be on the hook to cover losses with over $500 billion in insured mortgages and $450 billion in bonds sold as mortgage backed securities by our banks world wide.

Should interest rates rise and dramatic losses occur, CMHC could lose as much as $150 billion over the next 5 years and this federal government isn’t breathing a word. Throw these estimated losses into the mix leading to a Canadian real estate led recession and… the debt numbers get far, far worse.

The long and short of it as I see it is that the Conservative government brought in tax reductions and spending increases that are unsustainable and have to be reversed to make ends meet. This Conservative government quite simply needs to be replaced to do it.

Sorry Garth, but government policy is so intertwined with our economy, taxation, housing mortage regulations and interest rates defined by the need to borrow/invest vs the need to keep currencies/inflation/deflation in check, that it becomes next to impossible for me to not mention the need for this Conservative government to be replaced or things will get far worse than they are already poised to become.

#27 Calgary_rip_off on 09.12.09 at 1:03 pm

Garth politics are only relevant in how they affect day to day life. Harper’s buds that introduced the zero and 40 yr mortgage have trashed Calgary. The current homeowners get higher taxes due to bogus home values and the owners to be get to sigh. Lots of rentals popping up now-could it be that many people in Calgary are realizing that this city is an overpriced prairie town that is currently posing as an affluent city?

Current speculation is that Harper is backpeddling to try to protect his salary-if he gets his way he may be powerless to stop the interest increases that will trash(make more livable) his home town.

It would be nice to see Ignatieff in power or anyone but Harper-maybe Alberta housing would come back to reality. Ed Stelmach and the conservative party in Alberta are currently trashing Alberta’s “advantage”. It’s really all about the Alberta disadvantage: Rip off housing, crappy traffic and stupid ignorant politicians.

#28 Janet on 09.12.09 at 1:11 pm

Your sense of humor slays me!

#29 BD on 09.12.09 at 1:25 pm

#9- VLAD

Actually I started reading about insider selloff in June when it was 12 weeks underway. A dot to connect is that was about the time the NSX started to be manipulated by Goldman sucks and freinds who are forward trading and profiting on every transaction. Couldn’t be a connection could there?

13 +14-X

If the U.S. puts up those tariffs that will finally and thankfully be the end of the free trade bs. This would also be the first indication that they are standing up to the corporations running the world and doing their job of actually worrying about the people.

As far as derivatives go, China either learns that it cannot change the game if they don’t like the results or pay the price of being pushed out as a major power. The reason the toxic, exotic money instruments are still floating around is that to get rid of them will collapse and bankrupt almost every bank in the world including ours. All of our banks have billions of this worthless paper but the Royal apparently has 4 times as much as the others. If you haven’t read him yet check out Karl at the market ticker site who has been pointing out the whole mess for years.

#30 wondering on 09.12.09 at 1:50 pm

Wow. Garth just channeled Tommy Douglas.

Time for a reading of Mouseland.

#31 Barb the proof reader on 09.12.09 at 2:03 pm

Well Garth, there you have it, even though you asked them nicely, there are at least four thinly-disguised posts of political disrespect, which means disrespect for you. Oh, some complement you first, then they dumped. When my family and I see the back-handed malarky about how all politicians are the same, all owned by bankers, blah, blah… as Calgarians we know it’s one of the PM’s party’s full-time rituals.. ‘to instill political apathy via any means possible’ injecting it into normal conversations, encouraging the delusion that not-voting is somehow justified. I made the effort to meet my local politicians. I’m truly impressed with their ethics. They, as well as yourself, deserve to be defended because our future (and these markets that challenge our lifestyles) all lay in the hands of future politicians.

#32 PVC on 09.12.09 at 3:11 pm


Can we get this blog back to real estate, gold and the markets please.

Don’t bore us with political bollocks.

#33 JoeCalgary on 09.12.09 at 3:36 pm

#24, kc, I hear you and hope others are too. Substandard metal alloys from China: auto parts, airplane parts, structural metal used in highrise buildings. Another aspect of world trade for which we’ll be paying for many years to come.

#34 NOBODY on 09.12.09 at 4:15 pm

Interest rates have only one way to go… up.
Until that happens, major banks just reduced certain rates Friday:

So… rates can only go up but necessarily tomorrow, right?

#35 jess on 09.12.09 at 4:24 pm

Yes, Joe and how about asbestos products shipped back at ya!

#36 john m on 09.12.09 at 5:34 pm

31 Barb the proof reader on 09.12.09 at 2:03 pm

Well Garth, there you have it, even though you asked them nicely, there are at least four thinly-disguised posts of political disrespect, which means disrespect for you. Oh, some complement you first, then they dumped. When my family and I see the back-handed malarky about how all politicians are the same, all owned by bankers, blah, blah… as Calgarians we know it’s one of the PM’s party’s full-time rituals.. ‘to instill political apathy via any means possible’ injecting it into normal conversations, encouraging the delusion that not-voting is somehow justified. I made the effort to meet my local politicians. I’m truly impressed with their ethics. They, as well as yourself, deserve to be defended because our future (and these markets that challenge our lifestyles) all lay in the hands of future politicians.<<<<<<<<<<<< interesting post you start off like a political groupie..then start slamming a political party(which is richly deserved)..but then go on to say how impressed you are with your local politicians ethics…….(im curious was it by the line of bullshit they gave you?)…a persons ethics can not be judged in a brief meeting…….every political party in Canada has some of the most incompetent people in the universe……..Garth is different and no matter what party he was running for id support him……he has proven his strength of character…who the hell else has?

#37 ted on 09.12.09 at 6:04 pm

The white cat has an uncanny resemblance to Harper. Garth how did you ever find that pic. Its hilarious.

#38 Bill-Muskoka (NAM) on 09.12.09 at 6:07 pm

#20 mike as in mike

Au contrare mon ami…A lie is the willful telling of a falsehood already known to the sayer. It has nothing to do with the victim’s interpretation. Check out ehtics and see what I am saying have you any doubt.

To lie is to state something that one knows to be false or that one has not reasonably ascertained to be true with the intention that it be taken for the truth by oneself or someone else. A liar is a person who is lying, who has previously lied, or who tends by nature to lie repeatedly.

To do so under oath is called perjury, which is punishable by jail time and fines! Any questions?

#39 Bill-Muskoka (NAM) on 09.12.09 at 6:13 pm

It should have been ‘ethics.’ I need to turn on a light here to see my keyboard. The German (Huntinpeckinclickinbanger) typing method does not work well in dim light. LOL

#40 Bill-Muskoka (NAM) on 09.12.09 at 6:15 pm

#32 PVC

Fear not! Your day of worship is tomorrow. Now make sure you do not miss the sermon at the Temple of The Money Changers!

#41 Joanne on 09.12.09 at 6:31 pm

Thank-you Mr. Turner. The important message on this blog is how utterly ridiculous Canada’s housing market is, and how it is going to implode on the very unsuspecting fools who think housing prices can never fall.

#42 Nostradamus jr. on 09.12.09 at 6:48 pm

US Protectionism….BEGINS….

>>U.S. announcement of 35% import tariffs on Chinese manufactured Tires.<<

…I predicted this nearly 500 years ago…

Nostradamus jr.

#43 Canned Goods and Buckshot on 09.12.09 at 7:32 pm

KC and Joe Calgary,

On a smaller scale I bought a pair of new Fiskers pruners at Rona. It had a 25 year warranty but broke into a bunch of pieces on the 1st use! The alluminum part encasing the blade just broke in half. I thought it was made it Finland, yet it was actually made in China on closer inspection.

The clerk actually asked if I wanted to just exchange it for another.

The market will not solve this problem. People are too lazy to expect more. Most will just buy another cheapo implement and hope for better on the second, third or fourth try. Its a lament for our manufacturing loss.

#44 Calgary_rip_off on 09.12.09 at 7:34 pm

Hi Garth,

I just checked the mls listings for Bowness in Calgary. Lots of homes selling for around $330K for a 2 bedroom 1000 sq. ft house. Nothing wrong with the houses…except they’re double(at least) what they are worth. Its really funny in Calgary-the whole city is in a sorry state.

There is a solution: Its called shredding-get rid of all irrelevant nonsense pricing-Shredding also applies to Bach concertos.

Shred: Ukrainian piano solos: Enjoy.

#45 ca on 09.12.09 at 7:40 pm

Garth —

Would you consider providing your thoughts on the analysis in the following article:

#46 Nostradamus Le Mad Vlad on 09.12.09 at 8:18 pm

With X’s posts (bankruptcies on rise plus derivatives, RE and the banks all going the way of the dodo bird), BD — “Couldn’t be a connection could there?” — Mais oui!

Toss in the WH spending US$2 bln. / month on wars, debt / deficits growing exorbitantly, proposed new healthcare system (better than what they have now, but the cost will probably be the proverbial straw that broke the camel’s back), Canada’s debt / deficit, election, HST etc., what are the odds of humans being able to fly sans engines?

China made it very clear they will soon default deliberately on derivatives, sending the west into a tailspin. Warren Buffett mentioned a few days ago he was diversifying iinto bonds, getting out of stocks (not all) for a while.

Gee, I wonder why?! Does he know something sheeple don’t? Further —

Ron Paul 5:11 clip on The Forthcoming Effluent Money Show! — — Note the first sentence: “. . . be guided towards the super-state without their people understanding what is happening.”

This is Europe, whose future will be determined on Oct. 2. Apply the same thought-process on this continent, and see what one ends up with.

This excerpt from today: “A chilling report circulating in the Kremlin today states that President Medvedev and Chinese President Hu have issued an “urgent warning” to the United States that says if the Americans allow an Israeli nuclear attack upon Iran, “World War will be our response”.

No doubt all the above will have a major effect on the world’s economies, so here’s YOUR chance to make big bux on a terrific opportunity . . .

#47 Men With Hats on 09.12.09 at 8:19 pm

#32 PVC on 09.12.09 at 3:11 pm


Can we get this blog back to real estate, gold and the markets please.

Don’t bore us with political bollocks.

Why ? No one cares what your,stupid,opinion on anything is .

#48 Increasing that 1% on 09.12.09 at 8:54 pm

#9. Nostradamus Le Mad Vlad
“We’re all gonna have a real October Onward Spectacular! Only interesting because yours truly and the better half will be in Toronto for a fun-filled vacation then!”
WWWWhattt?! You are going to grace Ontario/ Toronto – with your, and your better half’s presence? You’re going to be spending $$ on T.O.?! You have proclaimed this as your chosen vacation destination?! Buttt, I thought where you are is the… leisure…capital….of the world?
Well, time to enjoy the fall colours…meet with Garth…?

#49 Live Within Your Means on 09.12.09 at 9:20 pm

#43 Canned Goods and Buckshot on 09.12.09 at 7:32 pm

KC and Joe Calgary,

On a smaller scale I bought a pair of new Fiskers pruners at Rona. It had a 25 year warranty but broke into a bunch of pieces on the 1st use! The alluminum part encasing the blade just broke in half. I thought it was made it Finland, yet it was actually made in China on closer inspection.

CG&B – My Fiskars are about 18 yrs old – made in Switzerland, bought at Lee Valley. I used them today and still going strong. I do know, however, what you’re saying. Just about everything is made in China today and most of it is CRAP. :-) I bought a Cuisinart Food Processor a few years ago and it went on the fritz the other week. Discovered it was made in China too. When my old 30 yo Braun (from Germany IIRC) kicked the bucket I couldn’t find another one so I bought a Cuisinart thinking it was from France or the US. Most of the components of our major appliances come from China I believe. We bought a stove from Sears 10 years ago – not a cheap one either. Everything is electronic. It conked out this spring. IIRC it would have cost us as much to replace the electronics than buy a new one, had we gone with the Sears guys. Thankfully, my hubby is knowledgeable and found a replacement part and installed it himself. But, it still cost us $300. Remember when an electric hot water tank would last about 16-18 yrs. Now they’re estimated to last about 10 or so yrs. Planned obsolesence (sp) and cheap metals (recycled ?), etc.

However, I well remember in the 60’s when we complained about all the inferior Japanese imports. And look what happened. Maybe China will eventually do the same. We haven’t a hope of competing with their slave wages unless something drastically changes.

#50 Barb the proof reader on 09.12.09 at 9:54 pm

#36 john m but then go on to say how impressed you are with your local politicians ethics…….(im curious was it by the line of bullshit they gave you?)…a persons ethics can not be judged in a brief meeting””

Well John, what ‘brief meeting’? Only you. You ass-umed, and, you are wrong. Last election, after reading that Bonnie N., a fellow blogger on Garth’s website, was making the effort to volunteer, I decided to volunteer too. I went out door-knocking with my candidate.. many times.. lots of one on one time to talk, listen and get to know her. I met her family too when hub and I went to a fundraising dinner and on many other occasions. There, my husband and I had the chance to hear and meet Dominic Leblanc. Later we went to a big Calgary breakfast event, and of all the luck, had a great opportunity to walk and talk with the leader, hear his speech, and at another event attend his townhall. On a local scene we very often bump into our provincial guy (at many events over the years), we’ve spent long conversations with he and his wife, they know us by first name now. I’ve also met the provincial leader at special forums they hold, and even met several other candidates too, and other party candidates.. all because I went out the door and made the effort. What effort have you made? The opportunity is there for any one of you to get up off the couch and do something. Do you? Or do you just sit and criticize and make stuff up and put people on the defensive for no reason? So John, does that shut down your fiendish and ill-begotten sneering?

#51 GG on 09.12.09 at 10:21 pm

Cheer up everyone….Recession will be over!!!!!!!!!!!!!

#52 GG on 09.12.09 at 10:30 pm

Double cheer up everyone….This government will fall!!!!

#53 PVC on 09.12.09 at 10:36 pm

Mr Muskoka

You seem to be adroitly aware but keenly naive.

#54 Live Within Your Means on 09.12.09 at 10:42 pm

Hi Barb – I’m one of those volunteers during the last election. However, I must say that I’m more of a ‘behind the scenes’ type of person. I didn’t attend the celebatory get together after my MP regained his seat. I’ll likely volunteer again. In my younger years I had the stamina but my health no longer allows me to do so. Plus, my memory, is the shits.

#55 Dan in Victoria on 09.12.09 at 11:37 pm

So which one is Choo Choo and which one is Benny?

#56 Nostradamus Le Mad Vlad on 09.12.09 at 11:38 pm

#48 Increasing that 1% on 09.12.09 at 8:54 pm — “. . . WWWWhattt?! . . . Buttt, I thought where you are is the… leisure…capital….of the world?”

Knot Zo, QuaziGotMyMojoWorking! A further explanation is necessary, ‘tho . . .

Dy fear mellow (scratch that); Fy mear dellow (scratch again); My dear fellow (ahh, that’s better!),

The Okanagan is the Esophagus Of The Multi-Colored Universe; Ottawa and DC are the naughty parts; other parts of said universe(s) fulfil their functions adequately.

Je resideth dans Kelowna; ’tis Nostradamus Jr. thou art mixing up with moi.

I am just a happy-go-lucky Le Mad Vlad, and yes, we will be tearing through Toronto and numerous suburban offsprings shortly.

Leisure — plenty of it; culture — bacterial culture, and plenty of that as well!

#57 Calgary 2009 on 09.12.09 at 11:40 pm

Calgary_rip_off, you should be looking to areas you can afford: forest lawn, rundle, and many other areas NE part of the city. Not sure why you complain? Plenty of places for you NE!!!

#58 David on 09.12.09 at 11:55 pm

Yeah, I too have a dumb dream for this great nation. A robust economy, a skilled hard working middle class. Make that a skilled middle class that enjoys the full benefits of the great wealth of this wonderful nation without banking on real estate bubbles. The housing bubble has run its course in Canada and the sooner we declare phooked status the better 2015 or 2020 will look.

#59 JoeCalgary on 09.13.09 at 12:01 am

#43 Canned Goods and Buckshot, “I thought it was made it Finland, yet it was actually made in China on closer inspection.”

Yes, they are laundering their products their products throught other countries.

Their honey is coming through India. Shrimp through Thailand.

They think we’re not onto them.

I disagree with you. I think people are waking-up to the fact that a deal is not a deal if it collapses the moment you bring it home.

We will make our own quality products once again, and people will buy them.

#49 LWYM People will stand up to them. No more “made in china.” It’s just a matter of time.

The flight to quality will happen. Garage sales, moving sales. It will happen.

Look them in the eye: “made in china? Not for me!”

We can compete with their slave wages. We did it before, we can do it again.

Give me quality, not junk. Why should I throw my good money down a well on something that just pollutes the planet?

We complained about Japanese imports but not, if I remember, because they were inferior but rather because they were superior. The stuff from china is a whole new ballgame.

Stand strong. Save your money and place it where it will support our own economy. That does not mean sending it to china.

#60 Weyburn,SK on 09.13.09 at 12:20 am

#30 “Wow. Garth just channeled Tommy Douglas.”

Tommy Douglas – voted the Greatest Canadian of all time. A Saskatchewanian. If only today’s politicians could be so honest and untainted.

BTW, Squidly hates anyone from Saskatchewan.

#61 Pam on 09.13.09 at 1:53 am

Barb the Proof reader:

Thanks for your comments. I get really frustrated when people generalize about politicians and yap about their worthlessness.

I also have had the opportunity (both professionally and personally) to get to know politicians, municipally, provincially and federal. Whether or not I agree with their policies or beliefs does not negate their dedication and commitment to our communities and country. Politics is a tough, tough career choice. It involves sacrifices and hard choices.

If being a goaltender is tough (whenever you make a mistake the red light goes off and people yell at you) being a politician is even harder. At least as a goaltender it is obvious when you have a good game – do politicians get the credit they deserve for the work they do?

If you think you can do a better job – then go ahead and do it!

#62 john m on 09.13.09 at 6:53 am

#50 Barb the proof reader on 09.12.09 at 9:54 pm…..zzzzzzzzzzzzzz :-)

#63 The 'VULTURE' on 09.13.09 at 7:00 am

Looked at some real DUMPS owned by poor folks today yet priced at Donald Trump prices. I guess they are really hoping that a greater fool comes along to fund their early “King Midas” retirement.

First time buyers….please re-consider buying in at the top…you will pay dearly….You are too easy prey to steal a house from when the bank comes for their money…you have been warned. Besides, you are makings things much easier for Vultures to eventually get your home at a bargain basement price (probably closer to the ‘real’ value of the property).

Educate yourself first then act on your knowledge….stop hurting yourself and others and driving the prices up. RE is based primarily on supply and demand. Buy when demands slackens enough ..sellers are more likely to be vultured…Want that corner property on 5th Avenue, NYC…you will pay big time!

#64 auditor general on 09.13.09 at 7:24 am


Once again you’ve taken two seperate new stories and implied a link between them. When you carry a hammer of paranoid conspiracy i guess everything looks like a nail. First off insiders selling at record pace: Since you dont seem to be the type that has ever experienced financial success let me explain how these things unfold. You are an executive of a company that gets paid a portion of your compensation in company stock. What we often do is multiply the number of shares by the stock price and we know thats the amount we have coming to us when they vest sometime down the road. So we essentially mark them to market. Now lets say we have $15 million in stock that we can’t sell yet or maybe we decided to stay long shares we could sell. The crash happens and its now Mar 09 and the stock is worth $8 million. We are not happy. So when the markets rebound to $12 million we decide to lock in some of that net worth. Dont forget in march we were staring into the abyss wondering if it would go to zero. The rebound is a huge windfall psychologically.

Now your second link for those of you that haven’t opened it implies that the US monetary system will collapse on Sep 30. Your implication is that all these insiders are aware of this and of course are selling there stock now. Can you explain how that works Vlad? When someone becomes a senior executive do they get a call from the illuminati telling them they will be put on an e-mail list that will warn them of these kinds of things? And why didn’t they get the warning back in 2007?

Now on to the collapse on Sep 30. Why would you link to a post with so little credibility. Who is Dr. Michael Van Der Meer. Nothing comes up on google yet he is an inflential person? Why dont we inject a little accountability into this board. If the US monetary system does not collapse by November will you stop posting here?

#65 X on 09.13.09 at 8:59 am

Whats with all the Vlad bashing?

Its not like he wrote these articles. Just trying to spread some opinions that are out there.

Like anything else you read, take it with a grain of salt, and interpret it as you will.

Vlad, I appreciate the posts.

#66 Bill-Muskoka (NAM) on 09.13.09 at 9:02 am

#49 Live Within Your Means

Many items are knock-offs (counterfeit), not the genuine article, but passed on by importers and distributors as such. The Chinese do produce some excellent products, but they are also plagued by illicit manufacturers attempting to achieve wealth and success without the ethical parameters others use. Just like Canadians, or Americans, or any other people, who want it all but only if it is easy and cheap!

#67 Bill-Muskoka (NAM) on 09.13.09 at 9:07 am

To all those concerned about China’s manufacturing I suggest watching ‘Factory City’ which shows how very efficient they have become. In fact, they put us to shame when it comes to organizing work and life. Therein is the real key to their worldwide success.

How many remember the age of the Efficiency Expert’? Well, look up William Deming and grasp what turned Asia into the manufacturing and economic giant it is today.

#68 Gord In Vancouver on 09.13.09 at 10:30 am

Too much debt is bad for your libido – proof

#69 Onemorething on 09.13.09 at 10:30 am

Ahhh, the center of it all, religion and politics! The two things we rely on when we are lost and need direction.

This will not be a religious war but one of protectionism as the great global reset unfolds.

The only thing left to save the USA is protectionism or a strong Dollar policy. Both will be done as the US stronghold is only alive based on it ability to Ponzi the hell out of the rest of us.

This will go on for a decade! AT LEAST

#70 popeye the sailor man on 09.13.09 at 11:02 am

#71 TJ on 09.13.09 at 11:05 am

The Chinese put us to shame with their organized work ethic and life because that has been forced down their throat by a regime who makes people buy the bullet that ends their life – for transgressions that would get 10 years max. in civilized countries.

With a population of 1.2 Billion you better work harder than the next guy or no top schools, no job, no future, no nothing. Get sick in China – what safety net?
Mr. Deming espoused efficiency not a Totalitarian Dictatorship.

Sweat Shops are efficient.

In short, sir, your post is ridiculous.

Now go read more Keynesian Economics and put your hat back on your teeny head.

#72 Rhino on 09.13.09 at 11:07 am

About Chinese goods…

My “new career” is in a big box hardware chain, and almost EVERYTHING is made in China.

Once “famous” Milwaukee tools are now made in China, along with Ryobi, Bosch, DeWalt, etc. Contractors are catching on… and not amused…

One chap returned his THIRD well pump, as the previous 3 – Diamond Brand made in China – would not furnish more than 15 psi on 3/4 hp from his well!

More and more goods from once trusted manufacturers are now made in China, so beware what you buy.

Folks are catching on, and more are asking where things are made. One customer required confirmation of manufacturer and would only buy their electrical boxes once proved that they were made in Quebec.

There is hope… The greed from corporate owners, grown on over large profit margins made from outsourcing to the cheapest supplier are under attack.

Now, if only we could get the CPC Minister of Defense to go back to buying knives from Canadian manufacturers instead of cheap Chinese copies, the CPC Minister of Sports back to buying Team Canada uniforms made in Canada. rather than crap from China, etc., etc., maybe, just maybe, we can get our country working again…

#73 Increasing that 1% on 09.13.09 at 11:27 am

#56. Nostradamus Le Mad Vlad


Happy go lucky; apologies for the mix up with Jr-how could I

#74 Men With Hats on 09.13.09 at 11:52 am

I have a full on boycott of all Chinese goods .
No food stuffs or manufactured goods .
How in hell did these idiots become our proffered trading partner ?
It is beyond my capacity of understanding .

Demand your grocery store provide truth in labelling .

#75 Timmay on 09.13.09 at 12:00 pm

A local REALTOR in Calgary has started a blog with the sole purpose of slamming other blogs and posters that believe houses are overpriced.
Talking with others we are of the opinion the REALTOR is Bob Truman but can’t confirm.
This is his professional message to clients.

Link disabled. Not what this blog is about. — Garth

#76 JoeCalgary on 09.13.09 at 12:02 pm

Thanks for the verification, Rhino.

What we need is a website that lists the things that are still made in Canada. It cannot be set up soon enough.

The 100-mile-diet is a good start, but we need to know where all the non-food items are coming from, too.

My last trip to Ikea revealed that wonderful Sweden has sold out its manufacturing, too. Light bulbs appear to be laundered through Finland. Beware out there. :(

#77 taxpayer like you on 09.13.09 at 12:02 pm

31-50 Barb

Why do you always escalate things? Garth has asked us all very nicely. Take the politics to the other blog.

#78 InvestX on 09.13.09 at 12:05 pm

X :

“Whats with all the Vlad bashing?

Its not like he wrote these articles. Just trying to spread some opinions that are out there.”

Many of his links are irrelevant to the discussion or poor sources of information (having no credibility).

#79 Calgary_rip_off on 09.13.09 at 12:11 pm

Calgary 2009:

You typify the mentality of Calgary. Get a life.

#80 JoeCalgary on 09.13.09 at 12:11 pm

Further to the comment about the contractors’ frustrations with non-quality products, two years ago we had an emergency need for a compressor early one evening.

We dashed to Canadian Tire to buy one, then dashed to the worksite to use it. Brand new, but it didn’t work.

Back to Canadian Tire, where they wanted to send our purchase out for “repair” rather than exchange it.

Who knows how many hours of labour are lost with crap like this happening?

#81 Keith in Calgary on 09.13.09 at 12:55 pm

This is a new mega mall that opened outside of the city of Calgary a couple of weeks ago to much fanfare and hoopla (albeit in the council chambers of the MD of Rockyview, who was anticipating the tax revenue).

The wife made me drive her to there yesterday. We left at 2:00 PM and it took us 40 minutes to get there from our place in Mission…..whereas Chinook mall is 5 minutes away, South Centre mall is 15 and Market mall is 20.

They have exactly the same stores in this mall that the other locations do, with the exception of a handful of new US merchants that I would never frequent anyways. The stores I went into did not have the same quality of product their other locations here in Calgary did, and the “sales” were not realy sales at all. We did not buy anything, and judging from the limited crowds we saw, neither did a lot of the other people there. Mostly you had curious sightseers IMHO. The stores that had buyers could muster no more than 3-5 people standing in a cash register line set to handle 20+…..and many stores had absolutely no one at all.

Two of the clerks in the stores that would talk to me off the record said they were absolutely dead during the week, and they only had people on weekends. They are not hitting their targets according to one high end shoe store manager. We had no problem finding a good parking spot today, FWIW.

4 of the anchor stores never went ino the mall, so there are some empty big boxes, and there are also a few smaller stores boarded up as well.

The traffic jam coming out of there was so bad (due to a crappy design) we drove north to Airdrie to turn around. It probably would have taken a half hour plus to leave the mall and turn south on Hwy #2 otherwise.

The wife and I both agreed, we will never go back. There is no value to our time, no different stores, no better product, no better prices, traffic is a clusterfuck and it is too far away. People on the extreme north end of Calgary and in Airdrie may find it useful, but I doubt they will keep it alive.

IMHO, and you can write this down for future reference, in 24-36 months it will be in receivership. Still operating, but financially a bust.

Ahhhhhh……the golden years of RE development are behind us.

#82 BD on 09.13.09 at 1:18 pm


While I hate flame wars I don’t understand your constant attack on Vlad. Like many of us who read widely varying sources of information we sometimes see a connection between two seperate events. You didn’t attack my connection yesterday. Could it be with your “inside information” I was right? While most people on this and other sites simply try and ram their own or others ideas down everyones throats, Vlad and a few others simply throw a few observations out there and clearly ask is there any merit or connection? If more people questioned what is going on the criminal corporations and I mean every one of them would not be operating so openly like they do now.

Further if you are trully one of those criminals I mean executives of a corporation then you are a part of the problem. I read twenty years ago that Japanese executives were limited to 4 times the salary of the lowest worker. I don’t know if this still is the norm but it makes more sense than the absurd salaries of corporate executives today who because of the structure of stock options being a large part of it contribute nothing to the long term growth of the company they work for. If these options could only be exercised in 10 years or later it would be interesting to see how much industry would have been sent offshore if they stopped to realize that there would be no buyers if all the jobs that paid an income high enough to consume were gone. People making just enough money to survive don’t buy stuff only those who make more than their basic needs require do. As you pointed out so well the only interest executives have today is short term profits to bring up the value of their stock so they can make a personal profit. Whether the company even survives doesn’t matter because a corporation by its very nature only exists for profit and no other reason least of which is what it is in business for in the first place.

#83 Live Within Your Means on 09.13.09 at 1:18 pm

#72 Rhino on 09.13.09 at 11:07 am

Congrats on your “new career”. I guess its better than being unemployed.

Do you know of any electric hot water tanks that are not made in China?

#84 $fromA$ia "Garths Nugget Boy" on 09.13.09 at 1:27 pm

Well were not hearing much on deflation anymore…
Seems like its all about the inflation ahead.

Anybody care to add to this?

#85 Calgary Crash on 09.13.09 at 3:07 pm

#75 Timmay

Interesting. I’m not sure why you would say this because on Bob Truman’s own blog he says,

“Turner predicts the housing crash will occur in two waves; the first of which happened in 2008 with a price drop of 15% from the peak. The second one should happen imminently, with a further drop of 35 – 50%. Turner states, “(the second wave) is likely to begin at the end of 2009 or the spring of 2010.”

Truman gives a lot of publicity to Garth’s predictions and lets people decide for themselves. Personally, I like his blog and find it refreshingly honest. He even posted Garth’s topic word for word a while back entitled “Garth Turner says today’s buyers are the greatest fools.”

If you ask me, he sounds like one of the realistic realtors.

#86 Barb the proof reader on 09.13.09 at 3:23 pm

#54 “Plus, my memory, is the shits.”

Live Within Your Means,
:) Ditto! Don’t know if I’ll be able to door-knock next time but I’ll try.

#61 Pam Barb Thanks for your comments I get really frustrated when people generalize about politicians

Hi Pam,
Thanks, me too. They are pretty obvious. There’s only 2 reasons for ‘their’ generalizations — neither one is good:
People are either too lazy to figure out who’s good and who’s bad or are duped, or they are ones trying to dupe, trying to sabotage honest democracy using deceitful ways.

#77 taxpayer,

I very respectfully pointed out the continuing disrespect by others shown toward Garth and that is not “escalating”. I was simply pointing out a fact. However, you are “escalating” when you put your untrue “spin” on it.

#87 BD on 09.13.09 at 3:26 pm

Anyone who doesnt read Mish’s global economic analysis should check out his latest post on the global economy. Broken down simply- the world is waking up to the fact that it doesn’t matter how cheap you can make something, if you have no buyer it still will not sell. The opening shots in all out trade war just got fired this week and any company that outsourced their work to lower labour cost areas will be SOL in the future.

While talking to my brother last night he was looking up solid wood furnature on Craigslist and found several pieces under $100 in his town. Like everyone else he is tired of buying a hedge trimmer that broke before making it around his hedge once and said he is only buying quality goods from now on because he can’t afford to replace everything in his house every two years. I hope Garth is listening here as I suggested that maybe we need a national law making retailers 100% responsible for replacing defective merchadise. This would force them to empty their shelves of crap and seek out companies willing to stand behind their products which would make agreements with local producers easier than foreign ones for the retailers. In the last hour I have read about half a dozen things echoeing the same sentement. Thank goodness the era of “free trade” appears to be dying.

#88 Chris L. on 09.13.09 at 3:35 pm

BD, return that crap to the store and make them honour their products. I do. All my receipts go into the box and I put them through the ringer as fast as possible to weaken them right away. If they wont honour it, I find the same one, buy it new and return it with the new receipt. They can kiss my butt if they don’t like my policies, but if I can’t find a suitable product anywhere local and I have to buy Chinese, then damn them. I’m tired of all the crap and you are right, I wont continue to replace my stuff every year or 2.

#89 Barb the proof reader on 09.13.09 at 3:39 pm

“There is hope… The greed from corporate owners, grown on over large profit margins made from outsourcing to the cheapest supplier are under attack.” — Rhino

#72 Rhino, over years we’ve bought so many garden hose spray gun attachments from Canadian Tire, garden centres, big box — they all break quickly, it’s absolutely ridiculous. Whether I pay $10 or $60 they all break.
I was at Canadian Tire in the spring — the saleguy, after much discussion, suggested I buy the cheapest and just replace it every few months or weeks when it breaks. Wow.
Meanwhile, for years I’ve searched for better quality merchandise or sites to warn us, wondering why consumer demand hasn’t made a ding in this problem? I think you’re right, but it’s going to take time before consumers move as a group to demand some quality. Consumers are quick to follow stupid fads and trends, but very, very slow to figure out that as a herd, they are suckers.

#90 tjmikey on 09.13.09 at 4:02 pm

The era of hyper-consumerism, keeping up with the Jone’s and the throw away society is over.

“Where do we go from here” is a question that is like a global experiment being carried out before our eyes.

The answer is…..nobody knows.

And that… just a little bit scary.

#91 Too Old Bob$ on 09.13.09 at 5:06 pm

#81 Keith in Calgary on 09.13.09 at 12:55 pm

OMG Keith!! What about the Bass Pro Shops. How could you not recommend this beautiful store. Whenever I’m in their store it’s like a dream. I vision naked fish everywhere and Mermaids serving free Beer on a Sun Tracker 5015 HouseBoat. :) Ahhh!

#92 Timmay on 09.13.09 at 5:13 pm

#85 Calgary Crash.
Interesting indeed that you would create such a repulsive blog, aimed at slamming Calgarians who think prices are to high, then come on here and defend yourself. You have also repeatedly stated how Garth has been wrong in the past with his predictions.
At least he sticks to his predictions and doesnt change them midway through.

#93 Makeorbreak on 09.13.09 at 5:44 pm

X :

“Whats with all the Vlad bashing?

Its not like he wrote these articles. Just trying to spread some opinions that are out there.”

Many of his links are irrelevant to the discussion or poor sources of information (having no credibility).”

I for one give more credibility to Le Mad Vlad’s sources than to Mark Carney.

#94 taxpayer like you on 09.13.09 at 6:04 pm

Barb – I’ll try to un-‘spin’ this for you. Please re-read your
posts 31 & 50. They contribute nothing to the economic/real estate/finance backbone of this blog. They are purely political.

Though in 26 daystar and 27 rip-off both bring a political
element, they do so within the context of their CMHC and 0-40 mortage concerns.

So it is quite plain to see who visits here with purely political intent. Garth has been very accomodating in providing another venue for this – please respect the
other bloggers and take it there.

#95 Nostradamus Le Mad Vlad on 09.13.09 at 6:08 pm

#65 X at 8:59 am and #82 BD at 1:18 pm — Thank you. I appreciate the feedback!

JoeCalgary and Rhino — There are probably much larger reasons why an awful lot of manufacturing and assembly facilities are closing here, opening in Chindia, GM and Ford’s new plants in Russia, Brazil etc. (using taxpayer’s money from bailouts here).

There is a major re-adjustment of stuff happening now, but what we had before has essentially gone, or is going. Nothing lasts forever.
Further to the conversation BD and I had yesterday ( “Couldn’t be a connection could there?”), let’s see . . .
“. . . The (US) federal deficit has nearly quadrupled in a year. New spending programs now before Congress seem to guarantee even higher deficits and debt ahead. . . . the U.S. Treasury and Federal Reserve are burying the planet under an avalanche of treasuries and newly printed dollars. As a result, the greenback suffered its largest weekly decline last week, plunging to a new one-year low.”

I guess sell US stocks and avoid the greenback; the only reason other things are going up is because the greenback is dying, and this is where Nostradamus Jr. may well be correct — Protectionism, nationalizing some essential corporations, closing our doors to keep outsiders out and us in.

As far as US stocks go, there should be plenty to buy into in a few short years.
Sung to the tunes of the Bee Gees ‘Stayin’ Alive’ mixed with a little of Pink Floyd’s ‘Another Brick In The Wall Part II’, this is an excellent 3:23 music clip.

#96 Patsan on 09.13.09 at 7:47 pm

Once many people here bicker over so called “chinese” quality, I feel like contributing by sharing my own experience.

Example 1. After two china-made ironing boards ended up in garbage, I picked one made of steel in US 50 years ago on a garage sale. After few touches here and there, it has been working for us for over 5 years and, if my kids won’t become very picky, they might sometime inherit it.
Example 2. As for gardening, carpenter’s and other tools, the same approach applies. I was and am looking for stuff on garage sales and if it is made in Canada or States, I buy it. I am sure there will be more opportunities as more boomers retire.

Example 3. I got my Panasonic vacuum cleaner about 10 years ago, made in USA from the authentic Japanese parts, and it is still running well. My friend bought the same model (but already made in China) two times for last 5 years and both were not worth fixing and were thrown away.

Example 4. While I was in Germany 5 years ago, I bought a Philips DVD player (made in Germany) that plays all zones and all types of disks. My friend liked the features and bought the same but chinese-made model here. Guess what? Two months ago he got his third player while I am enjoying the first one.
The list can go on.

I believe it’s up to you people. More you can get educated about quality and ways to get quality product, the cheap junk will be disappearing from the shelves of Chinese Tire and others of that ilk.

#97 Calgary Crash on 09.13.09 at 7:52 pm

#92 Timmay

What blog are you talking about?

You’re weird.

#98 Barb the proof reader on 09.13.09 at 8:26 pm

#94 taxpayer

Why do you keep attacking me? I didn’t point out any of the specific 4 posts in the top 11 that were immediately posted by commenters in direct and immediate disrespect of Garth.
They were posts that drag politicians like Garth in their insincere fishing net to smear all politicians. I did not point out the specific posters, yet you, directly and with an incorrect spin, attacked me.

I merely pointed out their disrespect for Garth.

Why you’d have a problem with that.. only makes you all the more questionable.

#99 Barb the proof reader on 09.13.09 at 8:51 pm

#81 Keith in Calgary

Keith, another interesting anecdote about Calgary.. I was talking with a charity yesterday, a large, main character charity, one who has a finger on the pulse. She tells me Calgary is once again in the part of the cycle she has seen before from her vantage point.. so many citizens are leaving the city and moving back to their own provinces such as Saskatchewan and the east coast.

#100 Keith in Calgary on 09.13.09 at 9:37 pm

Here’s a great read about the current banking fraud and the greatest taxpayer ripoff of our times.

It also details how manipulated the current state of the stock market is and how you have to be crazy to put your money there. The second coming is coming.

#101 Dan in Victoria on 09.13.09 at 9:52 pm

Post#72 Rhino and Chris #88 The chinese still make the best plastic pumpkins.I had an old milwaukee saws all for 30 plus years, that thing got dropped 2 or 3 floors so many times I lost count.Just bounced and rolled around,never, ever let me down.Some SOB stole it on me a couple of years ago.Same with the drills finally after 30 or so years the old one wore out.The new one is a piece of shite.Saw blades,drill bits,etc from china are just hard pieces of black mud in my estimation,garbage.Now heres a Canadian company that is local and builds absolutely the BEST stuff.You pay though.I had an electric down rigger(salmon fishing)for 13 years, got in an argument with the garage door one morning bent it into a pretzel.Took it to scotty, guy looks at it, looks at me, um what happened?Dont ask, fix please.They repaired it for a very reasonable charge and since they warranteed their product for life they updated,and replaced all the worn parts.FREE.That was for 2 of them.I upgraded 2 years ago to new ones not a second hesitation bought their product again.They are first class.

#102 Chris S. on 09.13.09 at 10:24 pm

That photo totally gets ‘Cat Scratch Fever’ playing in my head. Great!

#103 rory on 09.13.09 at 11:06 pm

#77 taxpayer like you …you asked Barb the Poof – “Why do you always escalate things?” …most excellent observation.

I had prepared remarks to some of my brethren on yesterdays comments but I will say this instead:

In a nutshell I am not about Lib vs Con or Rep vs Dem …this is about the gov’t versus us …they, the gov’t, have the guns, the police, the revenue service, the power, the courts, the money …the political parties are immaterial …you want lasting prosperity…think smaller, a lot smaller …your world, your expectations and size and scope of gov’ts…to steal the phrase from the Americans …power to the people…this is my bias…accuse me of anything you want but please look in the mirror first as to what your bias is.

As in FirstRick’s case it is being a government sponsored cradle-to-grave weenie ….sorry dude you dissed me badly and wrongly on pensions.

In keeping with the new/old/resurrected theme – bear blog talk on a lot of sites is starting to seem more serious and imminent about everything imploding …no proof but the language appears stronger and more definite …of course, IMO…any others think this??

#104 rory on 09.13.09 at 11:10 pm

Sorry, I forgot to add I truly to believe GT has this bias also…IMO.

#105 rory on 09.13.09 at 11:15 pm

Oh good grief, I am leaving stuff open to interpretation …I meant GT has a bias for smaller, less obtrusive gov’t like mine …not FirstRicks’ version.

#106 taxpayer like you on 09.13.09 at 11:42 pm

Barb @98

“I merely pointed out their disrespect for Garth.”

I dont think Garth needs needs your help in this case. He is more than capable of defending himself, other politicians and deleting any comments he finds offensive.

“Why do you keep attacking me?”

I’m not attacking you. I’m merely pointing you to the correct venue for the topic of your posts at 31 & 50. You should be pleased.

“Why you’d have a problem with that.. only makes you
all the more questionable.”

Now who’s attacking who?

Garth has made his rules very clear. I plan to abide by them – starting now (I would have preferred earlier).

#107 From Calgary on 09.14.09 at 7:09 am

The white cat looks really like Harper

#108 Keith in Calgary on 09.14.09 at 9:15 am

#99 Barb the proof reader…….

Heard that myself……..there are stil over 5,000 apartments and condos for rent on and RE sales are not skyrocketing thru the roof…… where are all those supposed new Alberta residents the media keep blathering on about living ?

#109 ron p on 09.14.09 at 10:19 am

#106 taxpayer like you ,
I always try to appreciate where commenters views are coming from. But your last few posts make control freaks look laid back. Take a pill and let people say what they want without attacking them. It just appears you are against one or two people and you are the one diss-ing them.