The unwinding

Financial markets have done well lately, proving those who sold last month may have taken losses for nothing. Looks like there’s more to come. Simple reason. Trump.

He just had a tough week. Trump pandered to Rocket Man Kim but now there’s evidence North Korea lied about blowing up its missile sites. Satellites just found a new one. So much for his high-stakes deal-making, as it looks like the president was played.

And after more than a month of mayhem, the shutdown in Washington ended in absolute failure for the White House. Trump shed credibility, the economy lost momentum and Congress didn’t cough up a single cent for that ridiculous wall. He played the bully card, gambled with hundreds of thousands of federal workers, air safety and public respect, and lost. For nothing. Then on Friday his long-time political mentor and buddy Roger Stone was indicted. One more Trump insider headed for trial, courts or turning into a rat.

The Mueller investigation has momentum, as do the Democrats who control the House of Representatives for the next two years. After less than a month, they have tasted Trump blood and seen his fallibility. The field of candidates for the 2020 presidential election will be vast, crowded and energized. Being who he is, Trump will respond by mocking them all, becoming more extreme as 2019 rolls by.

But what does this have to do with your portfolio?

Lots.

Since being elected Trump has consistently used the stock market as a proxy for his presidency and its ‘accomplishments.’ For most of 2018 equities were at record highs, before the big swoon in Q4. That hurt. Mueller and the shutdown made it worse. Then China’s growth slowed – thanks to Trump’s trade war – and the Fed raised rates yet again. Stocks shed a quick 20%. The national mood turned sour.

Face it. Trump’s in a heap of trouble and is unlikely to recover, once Mueller reports. If he runs in 2020, he’ll lose, especially if a guy like Michael Bloomberg stands as an indy and splits the vote, or Mitt Romney gores the party by challenging his nomination. If Trump knows he can’t win, he probably won’t run, but either way he’ll be desperate for an economic legacy. Robust growth, record-low jobless rate, low taxes, high profits and soaring stocks.

This is one of the reasons 2019 will likely be a far different year than the last one. Look for a trade deal to be inked with China, for example. Better relations between the two biggest economies in the world could ignite markets. Plus, Trump is highly unlikely to shut down government again, despite his threats, in order to get his wall. That tactic won’t work any better the second time, so he’ll go for an emergency declaration instead. Interest rates will rise this year, but less aggressively than in 2018. Corporate profits are on track for an increase of more than 8%. The Trump-Xi deal will fuel expectations of better global growth and help push commodities higher. Look for oil to spurt.

All this is positive for portfolios. So will be the end of the Trump era itself, however that plays out. Two years after cheering him as an agent of growth, inflation and earnings, the sitting president has become the market’s pariah. Attacking the Fed was the final straw in December. Wall Street would rather have monetary policy it can count on than a president it can’t.

As stated, things have changed a lot, fast. Valuations of many assets have improved in the past month, but are still sitting lower than they were last summer. This is called ‘a sale.’ For example, if you thought Apple was a great company at $230 a share, then it’s probably better at $150. (Of course buying individual securities augments risk, while investing through diversified ETFs reduces it – but you get the point.)

Trump was fun while he lasted. It wasn’t long. Markets now see how the unwinding may take place. He was an interlude, not a trend. There’ll be no reverting to 19th Century economic policies of walls and barriers. Nationalism may be exciting and charismatic, pure nectar for those longing for times past, but in this world it’s a failed concept.

Yep. Globalists, 1. Trump, 0. So stay invested.

201 comments ↓

#1 Vancouverless on 01.27.19 at 4:36 pm

Good luck moderating the comments today Garth!

I expect extra alt-right flavored mental and emotional toxicity today.

#2 BUILD THE WALL CRIME WILL FALL on 01.27.19 at 4:38 pm

I am the greatest El Presidente the universe has ever known… so a few underlings get locked up – if only I had a WALL around me… just me and smoking man for eternity.. he knows how to worship me.

#3 Ustabe on 01.27.19 at 4:51 pm

If Trump wanted Hillary locked up so badly why did he not just hire her into his administration?

#4 Figure it Out on 01.27.19 at 4:57 pm

Trump and Xi are both in position where external bogeymen (i.e. each other) are more useful to them than a big smiles and handshakes ceremony. A deal wouldn’t solve China’s economic problems anyway, and it doesn’t look like China will be restructuring bad SOE debt anytime soon. Hey, can you think of any countries with declining working age populations, a property bubble and huge bad debts that refused to restructure? That’s right… Japan. So picture China as a poorer, angrier version of Japan’s “lost decade.”

THAT’S a prediction.

P.S. Ritholtz does a ‘Mia Culpa’ column every year where he looks at predictions he got wrong. It probably keeps a man more humble that keeping a folder full of unpublished screeds from the haters…

#5 1929AllOverAgain on 01.27.19 at 4:58 pm

Beware of boundless optimism….

#6 Leo Trollstoy on 01.27.19 at 4:59 pm

Why do millenials have no money?

#7 Randy Randerson on 01.27.19 at 5:00 pm

Nope, Trump will prevail.

2 scoops, 2 genders, 2 terms.

#8 mitzerboyakaQueencitykidd on 01.27.19 at 5:02 pm

pooro donnie
when u mess with the bull, u get the horns

#9 Lee on 01.27.19 at 5:09 pm

House Reps sit for only 2 years. It can all flip again in 2020.

#10 not 1st on 01.27.19 at 5:11 pm

Might as well get into it here.

On NK, Trump was not played. He exposed them for what they really are, now we can probably totally dispense with any sort of diplomacy and contain then until failure. That’s an accomplishment in itself.

The wall is not silly. Why was one built in Pelosi own state? The border needs beefing. No modern country can tolerate 60,000 people a month trying to cross. That’s insanity. In high population places, that means a barrier than many dems already voted for. The open desert expanse well sure drones and technology might suffice. That’s open for debate.

Stone was raided like Seal team 6 did on Bin Laden. Overkill much and for what lying? If that’s a crime you can lock down the entire capital. 8 indictments have yet to directly implicate trump in anything. In a regular investigation, you go after the head first, not the other way around. There is nothing there. if there was it would have been out 18 months ago.

If Trump loses, we all lose one way or another so hoping for it is like wishing for your own enslavement but hey we have people doing that up here voting for Trudeau. Some people are so wed to the idea of govt doing everything for them. Socialism on steroids. Globalism is on the wane one way or another. It happens with or without trump.

#11 Raging Ranter on 01.27.19 at 5:13 pm

Dems have the House for the next two years, not necessarily 4. Congressmen in house of reps have to run every even year.

#12 Smoking Man on 01.27.19 at 5:14 pm

The absolute dumbest post ever by Gartho
Full on rebutal after some wine tonight.

#13 Figure it Out on 01.27.19 at 5:31 pm

“Overkill much and for what lying? If that’s a crime you can lock down the entire capital.”

“Drain the swamp,” they said.

Maybe I’m out of step and out of touch, but when as a society did we cross the Rubicon and decide that lying to law enforcement about criminal activity and election tampering was, like, no biggie? Was it The Sopranos? Great television, but a bit morally corrupting if you found yourself cheering for the criminals, and REALLY morally corrupting if you never really thought about it.

#14 Deplorable Trumpaholics on 01.27.19 at 5:33 pm

#12 Smoking Man on 01.27.19 at 5:14 pm

The absolute dumbest post ever by Gartho
Full on rebutal after some wine tonight.

..
Rebutt now dudette … don’t you have a brain unless pickled… sweet bebe Trump…. praise the carnie conman

#15 2020 trump on 01.27.19 at 5:35 pm

Garth u wanna bet trump gets back in and he starts building the much needed wall. U and ur girl Trudeau will not be happy.

#16 akashic record on 01.27.19 at 5:35 pm

Garth – is there any circumstance (including abolishing the Fed, returning to gold standard, Aliens showing up, China making Yellow Stone erupt, Macron sending prepaid credit cards, instead of bullets to Yellow vests) – when your message would not be the same “stay invested”?

I start to think you write every day just for these 2 words; the rest of it is colorful props, for motivating people to hammering into their subconscious mind: “stay invested”.

#17 DON on 01.27.19 at 5:36 pm

Trump’s possible next move…Tax cuts for middle class, make Congress vote for or against ‘middle’ America.

Unless they have hard evidence…Trump may be able to dance around it. They knew about his discretions when they elected him. Why did Americans vote for him?

I’m not pro Trump at all, but he is entertaining in a way. He can also set a narrative. It matters how he resonates with AMERICAN voters.

China is having problems, will have to see how that unfolds.

Global tensions and slowing growth.

Will be interesting.

#18 Ray on 01.27.19 at 5:39 pm

I hope you are right. To me, Trump is the ultimate Mayhem- man Heisenberg uncertainty principle. The more you try to contain/constrain him, the more unpredictable he will become. Squeeze him too hard, and he may lash out with some kind of grand military distraction. (either that, or his head will explode like a big zit!)

#19 Yukon Elvis on 01.27.19 at 5:42 pm

The Dems will waste a golden opportunity by selecting a candidate based on race, gender,(i.e. Kamala Harris)and a platform (socialism, open borders)that most Americans will not relate to.

#20 Andrewski on 01.27.19 at 5:44 pm

When investing, ignore the noise, diversify & stay in the market. No one can successfully time the market.

#21 -=jwk=- on 01.27.19 at 5:49 pm

@#3 ustabe
If Trump wanted Hillary locked up so badly why did he not just hire her into his administration?

Centuries from now, archivists will trace the beginning of the end of the internet to this comment. We’ve hit peak internet.

#22 Binder Dundat on 01.27.19 at 5:51 pm

@12 Smoking Man The absolute dumbest post ever by Gartho
Full on rebutal after some wine tonight”

Oh please, Garth, may your finger be close to the “Delete” button tonight!

The sober and the sane continue to applaud your efforts.

#23 Good old boy’s rule! on 01.27.19 at 5:52 pm

Canada needs to preserve what culture it still has. Sitting back mocking the American’s for protecting there boarder is short sighted. We should be doing the same thing here in this country. Eventually we’ll end up supporting through higher taxes every asylum seeker and there families. This is a slap in the face to ever immigrant who’s family had to jump through hoops and be sponsored just to get into Canada. Besides, why think unskilled people will aid in building or contributing this great country. What are they bringing to the party? They’ll only end up bigger liabilities than the free loaders we’re supporting now through taxation. I’d take Trump any day over T2. Globalism IMO only creates more cheep labour pools to support the shell game of finding work that’s meaningful. Watching jobs continually being outsourced. Selling away the very businesses to foreigners to later exploited us for failing to protect the very thing they protect. There identity and there own resources. If Trump stands to eradicate this I’m all all for it! Make Canada great again, it starts with great people not these zombies crossing our boarder illegally.

#24 Lisa on 01.27.19 at 5:52 pm

If you think Trump is bad, just wait till Ocazio-Cortez is old enough to run. She will raid your back accounts, keep tabs on all of your social media use since you were 5,and assign everyone a lifeboat for when the world ends in 12 years.
But at least we’ll l have as much fair trade coffee as we want because coffee is the hipster’s gym abd we can’t close any of those down.

#25 Lisa on 01.27.19 at 5:53 pm

Sigh.. Coffee shops are the hipster’s gym..

#26 Nation State on 01.27.19 at 5:54 pm

Not sure I understand. Nationalism is failing? Maybe from the standpoint of a narrow historical concept which is ill defined by most, but we are entering the beginnings of the super nation states of the future. The EU ‘bloc’ is one example, already working on a European army. North American open border bloc, Euro bloc, perhaps an Asian Bloc in the future led by China (they have no shortage of ambition to do so)? The trend is globalization leading to national consolidation from smaller states into larger. Perhaps we can call them the League of Super Nations. If it didn’t work when small it was because it was just not big enough. What can go wrong…

#27 #TrumpCaved is all over Twitter! on 01.27.19 at 5:57 pm

How badly did Trump cave on the wall?

Trump caved so bad, Thailand is sending a team of divers to rescue him!

#28 M.T. on 01.27.19 at 6:00 pm

The absolute dumbest post ever by Gartho

–> yeah, I don’t come here to trample on Garth’s rug, but it’s astounding that after a year of Trump Can’t Win 2016, anyone would be trying out the same line for 2020.

Fact is, he might not win, but it has nothing to do with fake Mueller, and everything to do with whether the Wall gets built.

As for the sign, I do thank Jesus for Trump, amen!

#29 not 1st on 01.27.19 at 6:02 pm

Heard today Hillary is throwing her hat in for 2020 again. Man this couldn’t be a better set up for Trump.

https://www.dailymail.co.uk/news/article-6638253/Hillary-Clinton-considering-run-president-2020.html

#30 HE Money Laundering Machine in BC on 01.27.19 at 6:06 pm

Banks offer little on how B.C. man with criminal record could allegedly launder money in real estate.

TD Bank and National Bank, named in a B.C. civil forfeiture suit that alleges a Richmond man laundered money in real estate, would not answer questions about how a man with a lengthy criminal record and no “legitimate” income could obtain mortgages and a home equity line of credit.

And then we told them that we cracking down, ahaha.

#31 Eddie on 01.27.19 at 6:08 pm

The volume is tapering on rally.
The money flow into the market for the last week was negative, but market was slightly up for the week.
There is single day of biggest decline is pending in the next few days or couple of weeks.
Hint: There is fake news floating since Friday in WSJ and Bloomberg about fed start expanding the balance sheet (false narrative for retail traders to give up short positions).

#32 young & foolish on 01.27.19 at 6:27 pm

So much for the independent Fed (soon as Wall Street reacted, they hinted at less hikes and a new, higher normal, for the balance sheet). Get ready to hear more about MMT next, where debts don’t matter and so initiatives like free health care and guaranteed incomes for everybody are being touted. Democrats are up next.

I for one, am hopeful for expanding markets, but am willing to prepare for slower economic growth, worsening debt levels, and consequently, lower corporate earnings. Possible recession is also on the radar by 2020.

#33 Figure it Out on 01.27.19 at 6:30 pm

“The Dems will waste a golden opportunity by selecting a candidate based on race, gender, and a platform that most Americans will not relate to.”

You figure those out of touch coastal elites in Iowa, New Hampshire, Nevada and South Carolina will gravitate to a candidate that the rest of America can’t support?

#34 AK on 01.27.19 at 6:35 pm

“So will be the end of the Trump era itself, however that plays out.”
=====================================
Indeed, It will end in 6 years.

The Democrats still do not have a viable candidate to contend.

#35 AK on 01.27.19 at 6:38 pm

“Trump pandered to Rocket Man Kim but now there’s evidence North Korea lied about blowing up its missile sites. ”
=====================================
May be so, but there has not been a missile launch for almost a year now.

#36 Remembrancer on 01.27.19 at 6:39 pm

#16 akashic record on 01.27.19 at 5:35 pm

He’s an investment adviser, what do you think he’s going to do – tell you to put all your beans into a house or maybe 3 or 4 rental “investment properties”, on the same street so you can more easily unplug the toilets? The day the blog goes dark, the lights are off at ye olde bank building or Garth advises not to invest is when to head for the hills before the prep’ers on here light out in their Cayennes…

#37 Win or lose ... on 01.27.19 at 6:39 pm

the fight that started between the far right and left will continue on. Think our world has changed again …

#38 fat man at the gym on 01.27.19 at 6:39 pm

It is estimated that there is 10 Million to 20 Million undocumented people in the US. That is 1/3 to 2/3rds of the population of Canada. lets face it globalism is here and is not going anywhere, which is what right wing economics is all about (free flow of capital and labour) Our politics and economic theory is messed up and this seriously confuses me.

#39 AK on 01.27.19 at 6:40 pm

#12 Smoking Man on 01.27.19 at 5:14 pm
“The absolute dumbest post ever by Gartho
Full on rebutal after some wine tonight.”
=====================================

Garth likes to rile up the base once a week. :-)

#40 Rich Young on 01.27.19 at 6:52 pm

And the US DEBT keeps climbing to goose the stock market so that Garth can brag own. The party will end soon as the market is a total lie about the reality of today’s economy. Alberta is bankrupt in a city that is broke in a Country as broke as the USA. The modern world is pooched. We all sit on top of a giant Ponzi schemed propaganda tool called the DJIA. Trump has done nothing but add to the already ballooning debt as nobody can fix our problems as a declining society. My wife is begging me to buy a home in this bankrupt world but fear holds me back. All my cash is now in a high interest savings account.

#41 Trumpocalypse2019 on 01.27.19 at 6:56 pm

Excellent analysis tonight.

But Trump will not just implode. He will also explode.

Cornered and increasingly desperate, the distraction and diversion inherent in war are immensely appealing to Trump.

It is coming soon.

PREPARE

#42 BobC on 01.27.19 at 7:04 pm

Trump has come out right every time so far. Time will tell.

“A couple days ago, Lindsey Graham asked President Trump to re-open the Government for three weeks to negotiate a border security and wall package. In exchange Graham and Senate Republicans promised to back Trump, if after three weeks the request for the wall is not funded by Congress.

President Trump agreed to that today and it is brilliant. Here is why. President Trump will direct the Army Core of Engineers to build the wall under the National Emergencies Act. The Democrats will freak out and want to stop him. The mechanism to stop him is not the courts, it is a joint resolution of both houses of Congress.

Because Trump opened the Government at the request of the Senate Republicans there is no way a vote to stop him in the Senate will happen. This will leave the House passing resolution after resolution that will never be taken up in the Senate.

The Democrats will go to the courts demanding an injunction to stop it. They will likely get one from a lower court, but the wall will be finished or almost finished by then. The lower court will be overturned.

The American people don’t like the government shutdown. They will not be upset with the Army Core of Engineers using existing funds to build a wall. The spectacle in the House along with the court battles to stop it are bad optics.

All the many thousands of Democrats running for President will be enhancing the bad optics by running left on border security to please the AOC wing of the party. This will define the Democrats correctly for open borders and add to the narrative that the Democratic Party as an extreme radical socialist party. Brilliant play Mr. President!”

#43 Muttley O'Toole on 01.27.19 at 7:10 pm

If there is just one lesson from life experience, it is ” it ain’t over until the fat lady sings.”
Besides, keep in mind the alternative was Hillary and myself and millions of others reckon the U.S. dodged a bullet with that one.

#44 Goop on 01.27.19 at 7:11 pm

#34 AK
Indeed, It will end in 6 years.
The Democrats still do not have a viable candidate to contend.
—————————-

Or perhaps it will end in a few months, with a massive heart attack… on the toilet. A billion people’s fingers are crossed.

#45 TurnerNation on 01.27.19 at 7:24 pm

Who are these over-arching “Globalists” :-)
And why has GOLD gone apesh-t last two days???
Nothing to see here citizen, move right along now.

#46 AGuyInVancouver on 01.27.19 at 7:24 pm

#15 2020 trump on 01.27.19 at 5:35 pm
Garth u wanna bet trump gets back in and he starts building the much needed wall. U and ur girl Trudeau will not be happy.
_ _ _
Great, so we get to wade through tons of comments like this from Deplorables. Garth, you’re not selling advertising on the blog, why go with the clickbait? Let’s just ignore Trump as the media should do to starve him of the oxygen he so narcissistically craves.

Also, is every other urban Canadian always struck by how white Trump ralliers are?

#47 Slowly Boiling Frogs on 01.27.19 at 7:28 pm

#24 Lisa on 01.27.19 at 5:52 pm

But at least we’ll l have as much fair trade coffee as we want because coffee is the hipster’s gym abd we can’t close any of those down.

#25 Lisa on 01.27.19 at 5:53 pm
Sigh.. Coffee shops are the hipster’s gym..
—————————————————–

Too much caffeine Lisa?

#48 The Totally Unbiased, Highly Intelligent, Rational Observer on 01.27.19 at 7:29 pm

DELETED

#49 Raid On Bin Laden? on 01.27.19 at 7:31 pm

#10 not 1st – Seal team 6 raid on Bin Laden. Now that was a good one! Sorry, but it was a poorly done creation of realty. Obama knew it was time to put the myth away.

#50 TurnerNation on 01.27.19 at 7:33 pm

Yep it’s high time we replace POGG with DOG in this country.

#51 Bertha McDole on 01.27.19 at 7:36 pm

Soon, the Mericans will want a Northern wall to keep the Arctic Cold out!

#52 Kelly on 01.27.19 at 7:38 pm

Not 1st … 10
M.T. ….23

Well said amigos. Well said.

#53 Deplorable Dude on 01.27.19 at 7:45 pm

Garth….you could reduce half your post down to

……‘Orange Man Bad’…..

Trump has the ability to walk into an absolute sh*tstorm and come out unscathed……

Next 2 years will certainly be interesting!

#54 robert james on 01.27.19 at 7:51 pm

It would almost seem that the US has pulled a little bit to the left,,first a black man for a pres. ,, now special needs person ..

#55 claude Belfer on 01.27.19 at 7:52 pm

Dear Garth
I really enjoy your daily blog. When it comes to advices on investment and local real estate you are number one . I also like your point of view on Canadian politics. But when it comes to Trump, I respectfully disagree with you. He didn’t cave in at all, in fact he showed that he cared for all these federal workers and the effect it had on the US economy . For Palousy and Smchmuker its a game, scoring political points is the most important thing. It’s half time he’s down one touch down, watch the next half.

#56 Goldie on 01.27.19 at 8:04 pm

I understand that in principle your purpose is ultimately to tie Trump’s actions into market movements and trends. I also respect that you have every right to “rant” on your own blog, but when things veer off into borderline ad hominem bitterness, I feel the need to let my objection be known.

Political blogs that attack Trump all day/every day are a dime a dozen, as are mainstream media outlets and publications which do the same. I come to this blog because it is different. If you want to change the direction of your blog and start pandering to the TDS crowd, I will choose to spend my time reading other material.

Might I humbly suggest that you start a second blog for such topics?

P.s. I am not an angry Trump supporter, rushing to defend my hero. I am tepid toward the man currently, considering his lack of progress on his agenda thus far. I simply look around and see a really unhealthy obsession with Trump (and escalating calls to commit harm to his supporters) among many in society and am disturbed by it.

Where was the ad hominem bitterness? The guy has massively moved markets, and deserves to be treated the same as interest rates. – Garth

#57 Sqiule on 01.27.19 at 8:06 pm

#12 Smoking Man on 01.27.19 at 5:14 pm
The absolute dumbest post ever by Gartho
Full on rebutal after some wine tonight.
———–
smoking man is the biggest globalist here – working in the US and coming back every 90 days just as Justin requires him to do so. Real risk working for other people…lol

#58 TurnerNation on 01.27.19 at 8:10 pm

Speaking of dogs…just when I thought propaganda could hit a new high… it did.
By the looks of it this dog should have been put down at once for its concern.
But here it was brought all the way from Iran (!) to Canada for surgery. Acid on its face.
So what about all the people over there attacked like this, why they are not shown this care? A kicker in demoralization. (Some are more equal, per Animal Farm book.)
The final line..it just to soften you up. Get its drift?
Dog as a messenger.

“I don’t think animals have boundaries and borders. They don’t have a nationality,” Taylor said”
https://www.cbc.ca/news/canada/british-columbia/acid-puppy-surgery-1.4995030

#59 Dolce Vita on 01.27.19 at 8:15 pm

Did Dr. Michio Kaku, Futurist & Lefty, ghost write the Blog today?

That was a lot of: Double Snake Eye Rolls

today on your part Garth…I mean Dr. Kaku [koo-koo or koo k-oo].

Advice Garth: sight see in Vegas, don’t gamble.

Incite the Rabble Day. Love it.

Break out the Diovan…

#60 earlybird on 01.27.19 at 8:18 pm

“he’ll go for an emergency declaration instead”
Agreed! Not much choice left in order to get done what he was hired to do…ridiculous or not, I bet it will be built.

China/US trade will iron out favorably for Trump, and he will come out on top. He is that simple…

#61 Figmund Sreud on 01.27.19 at 8:20 pm

… on Friday his long-time political mentor and buddy Roger Stone was indicted. One more Trump insider headed for trial, courts or turning into a rat.
_____________________________

Well, … here is how Nancy Pelosi is interpreting the indictment:

“Roger Stone’s indictment makes clear there was a deliberate, coordinated effort by top Trump campaign officials to subvert the will of the American people during the 2016 Election.”

https://mobile.twitter.com/SpeakerPelosi/status/1088990533731733504

… another words, she seems to strongly suggest that: … if Cheetolini McBonespur’s campaign officials deliberately tried “to influence the 2016 election” and “subverted the will of the American people” by asking them to vote for Cheetolini McBonespur, … that must be outright illegal! Shocking, …

F.S. – Calgary, Alberta.

#62 XXL Trump on 01.27.19 at 8:22 pm

2020 will be an easy cake walk to Victory for Trump.
You watch!

#63 Long-Time Lurker on 01.27.19 at 8:25 pm

Having fun yet, Garth?

#64 Long-Time Lurker on 01.27.19 at 8:27 pm

#26 Nation State on 01.27.19 at 5:54 pm
Not sure I understand. Nationalism is failing? Maybe from the standpoint of a narrow historical concept which is ill defined by most, but we are entering the beginnings of the super nation states of the future. The EU ‘bloc’ is one example, already working on a European army. North American open border bloc, Euro bloc, perhaps an Asian Bloc in the future led by China (they have no shortage of ambition to do so)? The trend is globalization leading to national consolidation from smaller states into larger. Perhaps we can call them the League of Super Nations. If it didn’t work when small it was because it was just not big enough. What can go wrong…

>What can go wrong? We’ll rename them: Oceania, Eurasia and Eastasia.

https://bigthink.com/strange-maps/66-the-world-in-george-orwells-1984

A Map of George Orwell’s “1984”
In George Orwell’s dystopian novel ‘1984’, the world is ruled by three superstates.

Unfortunately, there’s not much ‘super’ to these states except their size.

FRANK JACOBS
23 July, 2010

In George Orwell’s dystopian novel ‘1984’, the world is ruled by three superstates:

– Oceania covers the entire continents of America and Oceania and the British Isles, the main location for the novel, in which they are referred to as ‘Airstrip One’.

– Eurasia covers Europe and (more or less) the entire Soviet Union.

– Eastasia covers Japan, Korea, China and northern India.

#65 Stratovarious on 01.27.19 at 8:28 pm

Respectfully, I think you are wrong.

First, irrespective of what happens to Trump, Goldman is now predicting a 3% increase in corporate profits, not 8%. Just ask FedEx, Apple, Macy’s, Intel, etc. about 2019 corporate guidance. It is not close to as Rosie as you predict.

Second, all of that debt you continuously talk about (both consumer, corporate, and government), will restrict future spending, particularly when debt service is considered. Your own conclusion about Canadian consumers suggests that the majority of the population is one check away from insolvency. With interest rates increasing, even slowly, and wages stagnant, where is all of the money coming from to support your booming stock market?

Finally, as for Trump, go rent the movie “Wag the Dog” and contemplate how likely it is that the Orange One is going to sit quietly in the WhiteHouse for the next 2 years.

#66 My Name is Neo on 01.27.19 at 8:31 pm

Looks like Garth is joining the toxic masculinity accusers with his comments on Trump. Enjoy your Gillette shave Garth……

#67 robert james on 01.27.19 at 8:34 pm

Hate to break the news to you Bob but time already told,, the idiot just got his ass kicked by a grandmother .. The great deal maker con is over ,he is done and he knows it !

#68 Sydneysider on 01.27.19 at 8:37 pm

#18 Ray

“To me, Trump is the ultimate Mayhem- man Heisenberg uncertainty principle. The more you try to contain/constrain him, the more unpredictable he will become. ”

Hmm, Ray is either a physicist or a physical chemist.

#69 Randy on 01.27.19 at 8:40 pm

Funny Stuff Garth. Are you posting insane Trump Hater Stuff to try and get some of the $600 Million in Bonus Payments that the Trudeau Liberals are flogging for their re-election campaign ?

#70 Terry on 01.27.19 at 8:42 pm

“Yep. Globalists, 1. Trump, 0. So stay invested.”

Hahahaha……….nice try with your brand of fake news Garth. Your just singing like the media thinking that if you continue to print your Post Modernist, Marxist, Globalist, Liberal agenda enough then that will become the new narrative. Why do Liberals continue to want to tell everybody how to think,what to do and how to live? It’s the Democrats and Liberals who are imploding all over the world. Trump is doing fine and knows what he is doing.

America still loves Trump and he will win again in 2020!

P.S. About that picture………….you should all go to a Trump rally sometime. Trump fills the stadiums and auditoriums and runs out of room trying to bring in more people standing outside all the time still. Thank-you much Mr. Trump and to all those who have faith Gods speed to you….and I’m still invested as always!

#71 SimplyPut7 on 01.27.19 at 8:44 pm

If he runs in 2020, he’ll lose, especially if a guy like Michael Bloomberg stands as an indy and splits the vote, or Mitt Romney gores the party by challenging his nomination.

——————————————–

Sure, and while we’re counting people who have already tried to running for president a few times let’s add Hillary Clinton, again:
At 1:08 min
https://www.cnn.com/2019/01/27/politics/inside-politics-forecast-cnntv/index.html

GOP knows Romney can’t win over enough Democrats or Republicans to run again. I think Jeb Bush would have a better chance if we are counting rich Republicans with name recognition that could beat Trump.

The problem with the Democrats is they don’t have a strong candidate that can lead the party.

Michael Bloomberg: Rich 1% that will probably not convince the majority of Democrats he will implement ‘Medicare for All’. And the sadists who want to tax people making over $10 million a marginal tax rate of 70% know he would never bring that into law.

Bernie Sanders aka Alexandria Ocasio-Cortez Senior will have trouble winning over the people loyal to Hillary who are still angry at him for splitting the democratic vote in 2016. Also, now that his successor AOC (former organizer for Bernie Sanders’s 2016 presidential campaign) admits they wanted to give medicare to all by increasing the marginal tax rate for the rich to 70% most rich democrats, rich GOP and all people aspiring to be rich won’t vote for him.

Elizabeth Warren, despite her obsessive need to prove to her mother’s ability to tan darker, was due to being part indigenous instead of realizing not every white American has porcelain skin; I did like her because she reads and understands what is being put into law. However now that she wants to implement a 2% wealth tax for people with assets over $50 million, I don’t think she has a chance of winning over rich Left or Right voters.

Kamala Harris or Hillary 2.0 was lukewarm at best with both left and right candidates (PS she also didn’t have the black votes, Biden does because of his proximity to the Obamas). She’s lost conservative votes from left and right due to her calculated moves to get ahead in politics with married ex-boyfriend former San Francisco mayor Willie Brown.

Joe Biden: If he can convince women post-MeToo movement he’s not Creepy Uncle Joe, he may have a chance. But I doubt it.

Honourable Mentions:
Beto O-Rourke: Fourth generation American of European descent using Beto (Spanish nickname for Robert) to draw up ethnic support.

Cory Booker: His skeleton closet won’t pass the conservative Democrats and the Bible belt states.

Julian Castro: GOP and Democrats who pretend to not be racists but secretly hate non-European Americans are probably not ready for a US President named Castro.

I’m sure more presidential hopefuls will come and go, but the financial crisis of 2008 still lingers in the back of people’s minds. I don’t think Wall Street has a candidate they trust to support them and have a chance of winning over Main Street. And the socialist candidates (Bernie Sanders and Elizabeth Warren) are a bit too far left for GOP and conservative Democrats.

Which leaves Trump, with the majority in 2020 and we can deal with this circus again in 2024.

#72 Marcus on 01.27.19 at 8:45 pm

Beware of Western Globalists who pray to Allah. LOL! Garth never bores. He is wrong of course but never boring! Skal!

#73 Built to Spec on 01.27.19 at 8:47 pm

Here is a differing view on Trump and his prospects:

Why The Democrats Cheered Trump’s Defeat, But Should Be More Panicked Than Ever

https://townhall.com/columnists/kevinmccullough/2019/01/27/why-the-democrats-cheered-trumps-defeat-but-should-be-more-panicked-than-ever-n2540315

#74 bearded on 01.27.19 at 8:47 pm

DELETED

#75 Deplorable Dude on 01.27.19 at 8:51 pm

Dammit Al Gore….you promised me Arctic free Ice…..like 5 years ago…..where is it? Current ice volume is a 10 year high….I want my ice free Arctic….you promised!

Ohhh, and that pesky poisonous Co2 gas that we’re all being taxed to death on isn’t doing it’s warming job…..at all…..record low temps in parts of the US…dammit we need some global warming…or we’re all gonna freeze to death cause we can’t afford those nasty nasty fossil fuels to heat our homes….

#76 Figure it Out on 01.27.19 at 8:56 pm

“Where was the ad hominem bitterness? The guy has massively moved markets, and deserves to be treated the same as interest rates. – Garth”

S&P up 10.9% a year under 8 years of Obama, up 10.9% a year under 2 years of Trump.

Can Trump move markets with a Tweet? Less and less as investors discount his bluster. But regardless, predicting Trump’s moves (or interest rates) won’t help you master the market. You need variant perception — the ability to predict significant moves ahead of, or more quickly than other participants. I’ve seen no evidence of such a gift.

Anyway, making predictions about ANY election two years out is madness, moreso when the incumbent is an obese 72 year old who writes his own medical reports.

Obama inherited the crisis from Bush. Trump inherited the recovery from Obama. Try to keep up. – Garth

#77 crowdedelevatorfartz on 01.27.19 at 9:00 pm

@#56 Goldie
“I will choose to spend my time reading other material….”

+++++

I guess you missed the Trump rallies where fistfights broke out between his supporters and protesters?

Rallies when he encouraged the MAGA supporters to “get the media” who were in attendance in a separate Press Box.

Trump will not run for re-election because he’ll be too busy defending his impeachment proceedings.

But not to worry.
His VP Pence will merely “pull a Ford” and grant Trump a Presidential pardon ( a la Nixon) as soon as he’s convicted.
One can only hope long after “President” Pence is gone and a Democratic female president is in power….the FBI will file new charges and Mr Maga will spend the rest of his days in a club fed eating steak with a plastic spoon/fork.

#78 Millennial Realist on 01.27.19 at 9:00 pm

#61 Deplorable Dude

Dammit Al Gore….you promised me Arctic free Ice…..like 5 years ago…..where is it? Current ice volume is a 10 year high….I want my ice free Arctic….you promised!

Ohhh, and that pesky poisonous Co2 gas that we’re all being taxed to death on isn’t doing it’s warming job…..at all…..record low temps in parts of the US…dammit we need some global warming…or we’re all gonna freeze to death cause we can’t afford those nasty nasty fossil fuels to heat our homes….

_____________________________________

Bless you, bless you my Paleo Boomer pal :)

Please, spread your ideas as far as you can, and make sure to vote for Maxime this year (Andrew will work just as well, though, all things considered!)

You are awesome, and about to give my generation the greatest political gift.

Thank you SO MUCH!

#79 Cow Man on 01.27.19 at 9:03 pm

Sir Garth:

I remember back to your first Federal term of 1988 to 1993 as our Halton MP. To me you were the best MP we in Halton ever had. I actually idolized you and your work ethic. To say I am disappointed in the transformation to what you have ideologically become is an absolute understatement. You do however continue to write well. Thank you for your years of service.

#80 crowdedelevatorfartz on 01.27.19 at 9:06 pm

On a totally different subject.

I dont care about John Galt.
I just want to know…..
Where is the Flopster?

#81 not 1st on 01.27.19 at 9:09 pm

The prevailing narrative is that trump is a liar. Ask yourself what is a lie?

If I tell you that I had a million people at my inauguration but there was less than that. I guess that’s a lie. What if I tell you that hope and change will sweep the country for the better or your health costs and coverage wont be affected and that you will keep your current coverage, but none of that happens.

What if I tell you that ISIS was defeated and we are leaving Syria in mere months, a claim that was made almost 5yrs ago by Obama.

What if I tell you that you will make money on a carbon tax.

What if I tell you that the economy will grow from the heart out and that the deficit will be under control in 4 years.

What if I tell you our govt cant afford to help veterans or will fix reserve drinking water but then sends $2.5B dollars overseas.

Many degrees of lying. Some are more harmful than others but shrouded in fluffy language.

#82 Trojan House on 01.27.19 at 9:16 pm

Why the fuss over this wall? They already voted for it in the past. Some big names on the “yea” side – Obama, Schumer, Biden, McCain, Feinstein and, oh yeah, Clinton!

https://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=2&vote=00262

80 yeas to 19 nays. They’re all racists I guess. (read the actual measure)

#83 crowdedelevatorfartz on 01.27.19 at 9:22 pm

@#33 dharma bum
“Humanity has NO IDEA what to do with themselves, besides aimlessly browse around, eat out, drink expensive coffee, buy stuff, watch movies, seek external entertainment and excitement, drive around from mall to mall, and work at shitty jobs to keep the vicious cycle going….”

+++++

Let me guess.
You’re in a bad mood because…..
You spilled your $6.00 Starbucks in your lap driving out of the mall parking lot…..

P.S.
You forgot Netflix Binge watching as the true sign that humanity is damned……

#84 Built to Spec on 01.27.19 at 9:22 pm

“There’ll be no reverting to 19th Century economic policies of walls and barriers. Nationalism may be exciting and charismatic, pure nectar for those longing for times past, but in this world it’s a failed concept.”

I also oppose economic barriers, but think nationalism is not necessarily a negative force, as discussed in these two articles:

Bruce Bawer is a gay American who moved to Europe 20 years ago (and is still there, in Norway) for it’s more open and liberal society, but after witnessing developments in Europe and the world since then has become an outspoken conservative. Here is his article on this topic (the EU specifically), pubished just today:

Highbrows Vs. Deplorables

https://pjmedia.com/trending/highbrows-vs-deplorables/

Sara Hoyt is a Portugese immigrant to the U.S:

Nationalist and Proud

https://pjmedia.com/trending/nationalist-and-proud/

#85 Steve French on 01.27.19 at 9:24 pm

= Steve Frenchie 1, Smoking Man 0.

hahahahaha. Read it and weep, Smoking Man-Boy!

#86 crowdedelevatorfartz on 01.27.19 at 9:28 pm

@#78 Millenial Surrealist
“Thank you SO MUCH!’

*****
No need to thank us Boomers, my little misguided cherub.
Your own foolish choice of electing True-dough for a second term will ensure the Liberal overspending and increasing taxes to follow… will ensure your children a life of envy and hate towards you.

The circle of life repeats.
We taught you well.
Embrace the hate.
Its very liberating.

#87 Ustabe on 01.27.19 at 9:47 pm

#66 My Name is Neo on 01.27.19 at 8:31 pm

Looks like Garth is joining the toxic masculinity accusers with his comments on Trump. Enjoy your Gillette shave Garth……

https://www.google.com/search?client=firefox-b&q=Enjoy+your+Gillette+shave

P&G (owns Gillette) sales increased 4% and profit is up 6% last quarter. All shave companies are flat.

Renovations on the Bitcoin Basement are almost done, ready soon for the offended Trump sycophants. Its a small reno but with lots of light. Coming soon. Might have to evict a gold bug or two but that is up to the Amazons.

#88 fishman on 01.27.19 at 9:48 pm

I’m still a Trumpista. The Trumpster is wounded, in retreat. Now we separate the men from the boys. I’m thinking the Nancy wants to let the air out of this gasbag slowly. He folded so quick that it might be a trap. What’s next? Didn’t turn out so good having Sadam & Ghadafi fall apart like cheap suits. Kill the strongman,shatter the base, release the latent poisons.
The Nancy controlling the agenda now. Her base is baying for Trumpster blood. Easy to unite a party against a common enemy. The hard part : Holding it together till checkmate. I’ll bet the Nancy would love to give him an escape route, slowly, slowly for the kill. Build, build, compromise,careful, notice other than the 8 pens signing the capitulation, no triumphalism.Her base is young & prideful, off with his head. Revenge,shatter & punish his base.Cast them to the jackals of the night.
This is getting fun. The Trumpster, trapped,wounded, more unpredictable & dangerous than ever because he’s being put in a position where he has nothing to lose. And a man that has nothing to lose is truly free to act on his most primeval instinct.
Tactically I’ll give it up that a San Franciscan Democrat won this battle from my guy, a New York Republican. Strategically, Im still right. The second millennium, age of Atlantic is over. The age of the Pacific, for the next thousand years is upon us. Huge money out here in the west backing the Nancy.

#89 604Sam on 01.27.19 at 9:53 pm

So, how many of these commenters IP addresses are from Russia?

#90 Smoking Man on 01.27.19 at 9:56 pm

Steve French on 01.27.19 at 9:24 pm
= Steve Frenchie 1, Smoking Man 0.

hahahahaha. Read it and weep, Smoking Man-Boy
….

You pathetic celebrity worshiper.

#91 Peter on 01.27.19 at 10:00 pm

#61 Deplorable Dude

Dammit Al Gore….
_____________________________________

Just curious, Dude, why do you feel the need to spew false and misleading cherry-picked stats that are so easy to refute? What’s in it for you?

#92 Figure it Out on 01.27.19 at 10:02 pm

The guy has massively moved markets, and deserves to be treated the same as interest rates.

OK, let’s try again. If you think Trump has massively moved markets, you’re sitting too close to your Bloomberg terminal. If you’re looking at five minute bars and the news feed, the hoot’n’holler box comes alive every time he or one of his bonehead cabinet secretaries tweets. If you’re only looking at monthly or quarterly statements — the style of investing advocated by this blog — volatility hasn’t been much different under Trump than under Obama, or indeed other historical periods. 2017 was a bit low-vol, and 2018 & 2019 have felt unusually bumpy in turn, because of the recency effect.

The market will fluctuate, and people will make up stories about it to tell to the people who want to hear the stories.

#93 Barb on 01.27.19 at 10:21 pm

“Oh please, Garth, may your finger be close to the “Delete” button tonight!

The sober and the sane continue to applaud your efforts.”
———————

Ditto to that!

#94 Ex-Cowtown on 01.27.19 at 10:29 pm

Scott Adams of Dilbert fame has an interesting view of the Democratic meltdown:They are declaring victory in the fifth inning. Lots of game to go here folks.

Not unlike Hillary and her supporters declaring her the winner of a game that wasn’t being played. Look how well they all predicted what would happen.

Three weeks…. tick tock, Pelosi’s neck is on the block. Pelosi might be the first Speaker kicked out by her caucus. Saying no to everything isn’t a sign of a master negotiator its the sign of someone who’s lost thread.

#95 The Ryguy - In Cabo on 01.27.19 at 10:34 pm

Back to Trump bashing..yawn.

Mueller is a nothing burger.. you’re too smart for this ignorance Garth. Fine to disagree and even not like the guy, but this is silly. Tell me in 2 sentences how HRC selling uranium to Russia makes any sense and trump is the one colluding? Give your head a shake.

Regardless you are correct about 2020..that wall gets built and trumps a guaranteed landslide..without though I think he’s a 1 term president.

#96 Ex-Cowtown on 01.27.19 at 10:38 pm

If Hillary was elected the market would be flat and emergency interest rates would still be in place. Her goal was to be Obama 2.0. And NK would be lobbing missiles over Japan and maybe trying to see how close to Hawaii they could get.

Same old same old.

#97 Figure it Out on 01.27.19 at 10:51 pm

“The prevailing narrative is that trump is a liar. Ask yourself what is a lie?”

Why would I do that? This isn’t a deconstructionist philosophy blog.

When I see a man make mutually contradictory statements about past events, that man is lying. If he says something that is technically true but designed to mislead, he’s lying. If, understanding a clear question, he chooses to answer a slightly different question intending to deceive, he is lying.

Those are the easy ones. Most liars commit enough of those that you don’t have to bother trying to judge the truthfulness of their other statements about the past, present or future.

#98 Smoking Man on 01.27.19 at 10:53 pm

Every time a good guy gets elected as POTUS the machine has them killed or taken out.

Abraham Lincoln Freed the slaves
JFK, was hell-bent on draining the swamp.
Nixon as well. Wanted to end the Vietnam war.

Hunter S Thompson was part of MK Ultra, sold his soul to the CIA in drug bust that no one knows about.

Robert shit head Mueller was hired to be the head of the FBI one week before 911, a mafia clean-up guy. Remember building 7.

Trump was recruited by elements in the swap who are true patriots.

They have the blueprints to the master plan. In a nutshell, too many useless eaters on the planet. They what to reduce the population by 3/4. All those Davos morons are too stupid or too afraid to stand up to this insanity.

Holywood, MSM, your teachers are not your friends. they are dumb down idiots or paid contractors.

Why are millennials broke? my father owned a house in downtown Toronto on a sweepers wage. He had a cottage and a nice car. Mom had a part-time job. they had lots of money.

These globalist bastards who have all the money, you would think that would be enough, nope they want your ownership of your minds.

Getting good at. they have the young people worshiping people like low IQ T2 who is an accomplice in the eugenics blueprint.

Once they get their robots, you will get laid off from the planet. They will save the children for the after party, freaks.

I hope Trump is strong enough.

#FollowTheWhiteRabit

#99 NoName on 01.27.19 at 10:57 pm

#80 crowdedelevatorfartz on 01.27.19 at 9:06 pm
On a totally different subject.

I dont care about John Galt.
I just want to know…..
Where is the Flopster?

He gave up on “us” here, he is doing reviews on weather reporting on YouTube.

https://youtu.be/YZeAtinpWiw

#100 The Totally Unbiased, Highly Intelligent, Rational Observer on 01.27.19 at 11:01 pm

The amazing real estate developer Donald J. Trump is from New York, where the people are probably something like 90% Democrat. In spite of them always trying to obstruct all progress, The Donald was still able to get his skyscrapers built. Now that he is President of the USA, it will be easy for President Trump to build an amazing wall, or fence, or barrier, or whatever you want to call it, to keep American citizens safe from illegal drug dealers, rapists, murderers, MS-13 gang members, etc. The Donald’s endless true love for his great country will make him see to it that it gets done, and done right, and probably ahead of schedule and under budget too.

#101 canuck on 01.27.19 at 11:05 pm

Garth,

Please stick to investments. Your TDS is not only disappointing but it forces some to question your credibility.

#102 whiplash on 01.27.19 at 11:13 pm

#82 Trojan Horse
Why the fuss over this wall?

The latest twist from Nancy Pelosi is the building of a ” technological wall or smart wall because a concrete/steel wall is immoral.
I guess she is suffering from amnesia because in 2011 Obama pulled the plug on a project that cost the American taxpayer $1 billion and it was a ‘virtual fence”. This idea was started by George W. Bush and after seven years the democrats scrapped it because, guess what, “ineffective”.

#103 Nonplused on 01.27.19 at 11:26 pm

I think Scott Adams has been the most accurate and consistent Trump commentor (not supporter, he makes that clear) ever since he called that Trump would win well before the election, just by using what he called “persuasion”. (Adams is a trained hypnotist and he believes Trump has natural persuasive powers that are similar to those hypnotists use. So does AOC he says.)

Anyway, Adams yesterday and today said it’s a little early to declare victory for Pelosi. It’s only the 5th inning. What Trump will have to give up is a 2000 mile long concrete wall, but there are smarter ways to spend the money and end up with better border control. So it’s going to committee, and the committee will be the border control agents and engineers coming up with a recommendation of how they could get the most bang for the buck. It’ll probably be some additional wall (they already have 600 miles of wall), some fencing, some drones, some security cameras, etc. depending on the location and need.

Then what are the Dems going to do? Most of them are on record voting for increased boarder security in the past. They just don’t want Trump’s 2000 mile wall.

All Trump has to do is change his rhetoric from “wall”, which isn’t going anywhere, to “smart wall” at that point. Here is what he’ll say: We consulted the experts, and they have designed a “smart wall” that will be even better and cost less money! You’ll be hearing this in about 3 weeks on CNN.

That will probably sell with his constituents because I don’t think “a wall” was every what anybody wanted, it’s just a good visualization. When they hear they are getting improved border security for less money they’ll forgive the fact that it isn’t a 2000 mile concrete barrier. At least most of them will.

So this will end up with both sides being able to say they “won”.

But Adams points out that where Trump lost a pawn here in a larger game of chess, he also set up for a much bigger win down the road. One of the biggest criticisms he faced from those with Trump Derangement Syndrome was that he was a tyrannical Hitler who had no respect for the law or due process. Pelosi couldn’t have fell harder for the trap. Who seems tyrannical now? Trump, who conceded to turn the issue over to the experts, or Pelosi who wouldn’t fund a $5.6 billion dollar campaign promise that got a president elected out of a $1 trillion dollar budget?

Adams also points out that as much of buffoonery as a “wall” may have been, Trump has educated the public and “weaponized” them. Everyone knows a lot more about border security and illegal immigration than they did 3 years ago. And he (Adams) thinks the public has already “met in the middle”, in that Republicans and Democrats alike pretty much all agree that border security is important. The differences lie in the details. We’ve even received an education in how many other countries use walls and to what level of success. These were things we did not think about before.

So what will be the final outcome? Adams says the game is still afoot. It’s not over by any stretch of the imagination. Trump will not let this go, because he won’t even have a chance of getting the 2020 nomination if he can’t say he got the people better border security. “Tried but stymied by Pelosi” won’t do it, because then he’ll seem weak, even in the face of people who do not have the best interests of US citizens at heart. The people are looking for a strong leader who can keep the caravans and drug cartels out.

So let’s take the following 3 weeks to find out what else is going on in the world and then rejoin the game when the players take the field for the 6th inning.

Oh and the rest of that stuff is just more Mueller noise. He’s a modern day Inspector Clouseau, looking for a diamond thief and handing out parking tickets. Maybe he’ll bumble on to something but I doubt it. Even Clouseau didn’t need 3 years.

But there is no doubt Trump faces a hard 2019. He has to address China, North Korea, the economy, the endless wars, and get his “smart wall”, and soon. I think he vastly over-estimated how much power a president has as compared to a corporate CEO, at least within their realms.

#104 crazyfox on 01.28.19 at 12:43 am

How do I best put this…

The markets rebounded after Christmas not simply because it had reached a bear market and everyone over the holidays had a chance to look for bargains, it rebounded because Americans felt more secure with a Democratic congress to keep Trump in check coupled with hope that Muller’s report would come soon and everything would be resolved, one way or another.

Up to Christmas however, Trump was the main risk factor coupled with how “fragile” the economy was to interest rates pumped by the likes of CNBC. Can Trump risk re-ignite? Of course, precisely because he is a major risk whether its his efforts to destabilize NATO or trade wars that make no sense except to Russia, to mindless gov shutdowns for a draconian wall also making no sense to anyone but Russia. Trump is a threat to national security, the worst kind.

Rod Rosenstein has recently said (what was it, 2 weeks ago) he will step down no later than mid March but said in the same day he will stay on until the Muller investigation submits its report. By this account the hammer drops soon on Trump and the report, if allowed to be made public will be worse than most imagine. If its not allowed to be made public, the markets will sell off hard because of more Trump risk. Put this in the backdrop of another government shutdown likely to come in the middle of February that will end with a Senate vote against Trump’s wall and what I believe will be a busted trade deal with China and you have chaos. That’s the worst case scenario, y’know, besides a Trump war with wherever.

The best case scenario is there is a trade deal with China and an agreement on homeland security spending that may or may not include a wall but there is no shutdown, a Muller report comes out, the Senate votes to impeach within the month and its done in an orderly fashion. That’s the best North Americans can hope for now, y’know, in a damage controlled perfect world.

The Muller report on its own, if allowed to be made public, will force the Republican majority senate to impeach Trump and interestingly, Trump’s test of the Senate on whether the Senate will back Trump over the long haul should be noted. The Senate will vote to survive. They were caving on Trump’s wall and will cave if Trump is toxic albeit too late and Republicans up for re-election can pretend it won’t cost them even though it will but Trump regardless, is done.

Trump really is a traitor to the U.S. and the rest of the world. Anyone who doesn’t see that is the 1 in 3 that either only watches Fox news or listens only to Rush Limbaugh, or drank their own Kool-Aid. All of the talk about Trump running in 2020, its a pipe dream. No doubt, its realistic in a third of the minds of North Americans and people to busy to pay attention but its not realistic to those in the know. Trump is done. Trump is done in every way possible except by being a wrecking ball on the way out and I can’t help but think that’s how he’s going out with whatever power he has left and that is entirely dependent on how much support Trump has left in government. It was stronger before the shutdown but now… its just a growing S___ Show.

– Muller has 38 (or is it 41, I’m losing count) indictment’s with more coming.
– Fed witnesses: Flynn, Gates, Cohen, Pecker and other rats/patriots and names we’ve never heard of.
– 17 investigations into Trump, little Trumps and Trump campaign (that we know of).
– Congress just began its first investigation starting with security clearances within Trump administration itself.
– High senior administration turnover at 63% at the 2 year mark, higher than any modern day government including prized places to work like Macdonald’s, Burger King, A&W and Greasy’s diner.

Trump’s policies on the environment, on deregulation (90% of his deregulation policies have been overturned in the courts, highest percentage ever), on foreign policy and trade that has been pro-Putin and traitorous from the start, on immigration (racist), climate change (disturbing in this age), on taxation, tax policies and energy policies will have the most lasting damage for Americans. Not only is the U.S. farther behind with green tech and green energy, its tax policies with a Republican congress for 8 years presided over a doubling of the Federal debt from 8.5 trillion to 16.5 trillion or 8 trillion to 16 trillion, can’t remember which right now (the rest of their 21+ trillion debt is on loan mostly to Canada) but to double national debt in 8 years? That’s a monumental failure of fiscal policy, no matter how anyone looks on it and it began before Trump but what has he done in the best of times, the epitome of excess with +trillion dollar deficits born out of tax cuts to the rich?

And how can these economic, environmental and political failures south of our border with our largest trading power and neighbor with 9x’s the pop and economy, how can these failures long and short term not effect Canada…

#105 Unhinged Trader on 01.28.19 at 12:59 am

“Ridiculous wall”…

Garth, what makes a political boundary “ridiculous”?

Are prison walls ridiculous? What about the walls that line the QEW?

#106 Mike in the basement on 01.28.19 at 1:05 am

[email protected] wants me to InvesTEASE. They charge 0.5% to manage my money, as little as $1000 in ETFs. Is it worth it?

#107 BS on 01.28.19 at 1:21 am

Trump pandered to Rocket Man Kim but now there’s evidence North Korea lied about blowing up its missile sites. Satellites just found a new one. So much for his high-stakes deal-making, as it looks like the president was played.

Yes things were so much better when North Korea was testing nukes every other week and firing missiles over Japan like when Obama was in power. Trump really got played by putting an end to all that and getting all the US hostages released by giving up nothing.

And after more than a month of mayhem, the shutdown in Washington ended in absolute failure for the White House.

Not a failure at all. This is not over and at minimum Trump has shown he will fight to keep his election promises. Something voters will remember. The wall will be built one way or another. Trump always wins.

Then on Friday his long-time political mentor and buddy Roger Stone was indicted. One more Trump insider headed for trial, courts or turning into a rat.

Bill Barr will be putting an end to this scam within weeks. Trump will pardon all those wrongly targeted. Reports are the Mueller report will be a dud.

The field of candidates for the 2020 presidential election will be vast, crowded and energized. Being who he is, Trump will respond by mocking them all, becoming more extreme as 2019 rolls by.

Yup, just like Trump mocked them all in 2016 and then won the nomination and then the election. You got both wrong last time. You would think after getting it wrong for the past 4 years you would learn to quit making predictions.

#108 Stan Brooks on 01.28.19 at 1:44 am

It is actually 2-0, if we consider the current polar vortex.

It seems the carbon tax is working and T2 is winning on that front.

Next post dedicated to climate change?

#109 islander on 01.28.19 at 2:03 am

3 Ustabe
“If Trump wanted Hillary locked up so badly why did he not just hire her into his administration?”

Good one!

#110 NFN_NLN on 01.28.19 at 2:42 am

I used to come here for financial advice and read the comments to laugh at the crazies. Now everything is opposite.

#111 NFN_NLN on 01.28.19 at 2:47 am

Is there a website where you can bet on the outcome of the 2020 election? I’d like to diversify some of my portfolio into that. Garth, does 10% seem reasonable?

#112 definitions on 01.28.19 at 3:28 am

@ Terry #70
Your just singing like the media thinking that if you continue to print your Post Modernist, Marxist, Globalist, Liberal agenda enough then that will become the new narrative.

Terry, if you’re going to stick labels on people, you should know what they mean.

Post-Modernist Garth is way more a materialist, and your emphasis on symbolic narrative gives away your own post-modernist tendencies. See here.

Marxist LOL. Garth is an ex-conservative politician with an investment-advisory firm blogging about financial markets and how individuals can invest in capital markets to build wealth. I won’t bother with a link – it’s just too absurd.

Globalist I assume you mean this in opposition to Nationalism. So, you’re accusing an ex-government minister of wanting to hasten the demise of the country…? And your evidence for that is …?

Liberal Most definitions of Liberalism are concerned with the freedom of the individuals within society. You know, Liberty. I guess Garth can take that as a compliment. See here

Why do Liberals continue to want to tell everybody how to think, what to do and how to live?
That’s exactly what Liberals DO NOT want to do. See above.

Seriously dude, your you’re embarrassing yourself.

#113 Dolce Vita on 01.28.19 at 3:58 am

Admirable effort at incitement BUT not enough blood, gore and eviscera from the Trump implacables today.

You must try harder next time Garth or brush up on your Robespierre.

#114 Mathew S Gibson on 01.28.19 at 4:32 am

No “rebuttal” from the resident delusional alcoholic yet?

#115 under the radar on 01.28.19 at 5:26 am

He is not fit for office and will be impeached or resign. The Donald is a pathological liar, already an un-indicted conspirator, who will need to resign before his term expires so Pence can pardon him to avoid prosecution.

(Pathological lies are:told frequently and compulsively,
told to make the teller appear heroic ,
not deterred by guilt or risk of getting found out.
Examples of pathological lying:
creating a false history, such as saying they’ve achieved or experienced something they haven’t.) Sound familiar?

#116 Doofus on 01.28.19 at 6:33 am

DELETED

#117 The real Kip (Ret) on 01.28.19 at 7:26 am

Must be stir the pot night at Greatest Fool. Nobody here has any idea what will happen this week much less 2020.

#118 Howard on 01.28.19 at 7:51 am

#105 Unhinged Trader on 01.28.19 at 12:59 am
“Ridiculous wall”…

Garth, what makes a political boundary “ridiculous”?

Are prison walls ridiculous? What about the walls that line the QEW?

————————————-

I wonder if Garth has walls around his home? Tear down those walls and burn firewood for heat.

You guys sound like grade school children. – Garth

#119 Ken semotiuk on 01.28.19 at 7:53 am

DELETED (anti-Semite)

#120 Millennial Realist on 01.28.19 at 8:02 am

#98 Smoking Man

Yes, yes, yes :)

Building 7, of course!

Bless you, my Paleo Boomer friend!

Please make sure you get back to Canada in October to vote for Maxime.

Keep it up, spread your ideas everywhere, please!

We are counting on you and all your friends ;)

#121 NoName on 01.28.19 at 8:19 am

@crazyfox

I am not fan of trupm or way he governs and his epa policy, last tax cut, but its very interesting what you did there piggy back debt created by gfc under two privious presidents and administration to current one. For some strange reason goering comes to my mind, or what ever was left of it.

And on a side noter turnover stuf at food service industry is 73%…

Whats your take on fake news?

#122 Remembrancer on 01.28.19 at 8:20 am

#103 Nonplused on 01.27.19 at 11:26 pm
I think he vastly over-estimated how much power a president has as compared to a corporate CEO, at least within their realms.
———————————————————-
Except Trump has never been a _real_ corporate CEO, having to deal with a board of directors, share holders and public scrutiny / accountability has he?

#123 not 1st on 01.28.19 at 8:22 am

crazyfox, please start your posts worth more climate change hysteria. That always helps credibility.

If the entire govt investigative apparatus was turned on anyone, of course they are going to find something, even on a normal citizen. Little misses on your tax returns, maybe you lied on your mortgage app. That’s what the indictments are so far. Lying, paying a hooker, meeting in russia etc. Where are the high crimes and misdemeanors? Doesn’t pass the smell test. Be prepared for an anticlimactic report. I will point out the Warren Commission one of the largest investigations in US history took 9 months. Mueller has been looking for almost 3 yrs. Keeps looking nd looking. If the US was really under the influence of a vast Russia conspiracy, wouldn’t it be better to nip that in the bud a few months before Trump took office. Yeah nope its all political witch hunt.

And please stop your righteous indignation of trump. His apparent lies are no worse than any other hypocrite in the political system. Focus on lies that matter not empty rhetoric.

#124 crowdedelevatorfartz on 01.28.19 at 8:23 am

@#120 Millenial Surrealist
“Keep it up, spread your ideas everywhere, please!
We are counting on you and all your friends ;)”

*****

You forgot the always inane , inevitable, Millenial chant….”LOLOLOLOLO” to let people know you’re laughing.

Repeat after me.

Gross deficit spending now + higher taxes at some point in the Millenial future = Your children’s incessant whining about the unfairness of it all.

#125 Trumpocalypse2019 on 01.28.19 at 8:28 am

Prescient comments today on this blog underline how dangerous things now are.

fishman (88) said: “The Trumpster, trapped,wounded, more unpredictable & dangerous than ever because he’s being put in a position where he has nothing to lose. And a man that has nothing to lose is truly free to act on his most primeval instinct.”

crazyfox (104) said: “Trump is done in every way possible except by being a wrecking ball on the way out and I can’t help but think that’s how he’s going out with whatever power he has left and that is entirely dependent on how much support Trump has left in government. It was stronger before the shutdown but now… its just a growing S___ Show. ”

Cornered. In his bunker. Awaiting cataclysm from Mueller.

But still able to fire the FBI leadership, invoke emergencies and press the nuclear button. All justified by whatever Fake News his team creates to enable it.

For all born after WWII, this is the most perilous time of your life.

PREPARE

#126 crowdedelevatorfartz on 01.28.19 at 8:38 am

@Millenial Surrealist

Your loathing of Boomers, while understandable, requires a bit more work.
Perhaps this might help?

https://www.youtube.com/watch?v=VYPsoxpt0BU

#127 dharma bum on 01.28.19 at 8:45 am

RE: Today’s Picture

A genuine slice of Americana.

If ever a picture was worth a thousand words.

So telling.

Precious.

#128 Terry McFarlance on 01.28.19 at 8:46 am

West Block at house of commons to resume parliament today. Centre bock under renovations for 10 years. To celebrate Canada’s action on climate change and carbon taxes, Liberals will sit outside today on the front lawn! -35 Windchill right now in Ottawa but it’s only weather, not climate so they will be just right happy out there, talk the talk and walk the walk! Conservatives can sit inside and use the natural gas to stay warm.

#129 dharma bum on 01.28.19 at 8:59 am

#83 crowdedelevatorfartz

You forgot Netflix Binge watching as the true sign that humanity is damned……
——————————————————————–

Actually, I am in favour of binge watching.

Depends on the show, though.

You can tell a lot about people by what it is they actually binge watch.

Of course, whatever I binge watch is excellent, man. Educational, entertaining, intellectually stimulating, culturally significant, insightful, clever, historically relevant, etc.

Y,know….like me.

The crap that “MOST PEOPLE” watch, is a total waste of time, and can, as you correctly point out, be lumped into the category of the damnation of society.

Oh, gotta go now….episode six of season 2 of The Wire is starting.

Hahahaha.

#130 Broadway Limited on 01.28.19 at 9:33 am

Garth –

I’d like to see what you’ll be writing in the unlikely outcome of a Democrat sweep of Congress and the White House. Tax hikes on the wealthy bordering on confiscation, closing down ICE, open borders, application of so-called modern monetary theory (it was once called funny money and you remember the old Social Credit party) and on and on, a progressive’s dream come true. If that’s what American voters want, fine, they’re welcome to it. But I believe you’re mistaken that the departure of Donald Trump will somehow make everything better, especially for investors. Many Americans who voted GOP are not fans of Mr. Trump, but think he is all that stands between them and social anarchy. I agree with them.

My blog post was about a better investment climate in 2019. How did you Trump fanatics so misinterpret it? – Garth

#131 Deplorable Dude on 01.28.19 at 9:38 am

#91 Peter…Just curious, Dude, why do you feel the need to spew false and misleading cherry-picked stats that are so easy to refute?…

———-

Refute away……..

https://realclimatescience.com/2019/01/january-arctic-sea-ice-volume-gain-second-highest-on-record/

#132 not 1st on 01.28.19 at 9:41 am

Can you imagine there is actually a group of people like millennial realist that actually want to be taxed more. They want to take on all the insane debt obligations of the govt, spend more on social programs, navel gaze about minute gender details, take on useless carbon tax and vilify Canadas economy and wealthy at the same time. Wow are we ever lucky.

Me and my wife will vote for both Singh and Trudeau just to seal deal, then dump our overpriced house on some entitled SJW millennial, move our investments to trump land and watch Venezuela 2.0 unfold from the safety of snowbird land. Fantastic.

#133 A Cautionary Note to The Rabble on 01.28.19 at 10:25 am

All of you right-wing, Trump-loving, reactionary types (aka The Rabble), should consider a few things before you post.

First, life is change. We are going to see increased competition and offshoring of all sorts of things for the simple reason of balance. Work can be done elsewhere because it cost less to do so. We in Canada live in a high cost, high tax, and very affluent country. And I will extend the same description to describe our pesky friends to the south (although I do ask that you just settle down and try to be a bit quieter).

If it is cheaper to make things elsewhere, or to handle the provision of services we need, then that is what is going to happen until we achieve some sort of balance. I think it is inevitable that the standard of living elsewhere (meaning those less expensive regimes) has to rise to at least match ours.

Second, immigration is not the problem. If done correctly, it is a boon and a blessing. We should be grateful that these people who want to come here actually make it. They seek peace, stability, gain, and a safe place to live their lives. We should be proud that we can provide this. It also means that we have more ideas, new viewpoints, and, in my experience, better food – always a good thing!

My third and final point is that our Esteemed Blog Host (EBH) – he of the coiffed abs, impeccable dog, big fluffy and good natured tailoring, and rock hard hair – is right in most of what he advises. He does not have a crystal ball but he does have a keen understanding of history, hard won at that, as well as a good crew of advisors and other staff that he draws upon to make decisions carefully and with much thought. Where do you, The Rabble, get off spewing the sort of spontaneous garbage that you dump into the comments? Have some respect for others and for yourselves.

This blog is free – let that sink in for a moment – and if you continue to push your drivel here, we may see EBH decide to not put in what I estimate to be about five to six hours a day on this blog.

#134 Smoking Man on 01.28.19 at 10:28 am

CrazyFox, you are insane.

The markets surged when Trump was elected. Investors liked the thought of deregulation and lower taxes.

Back in Oct when it became apparent the dems where going to take the house the market tanked. If by some miracle the can remove trump the markets will be in a head on collision with no survivors.

The dems have drifted so far left that guy who started Starbucks is considering a presidential run as an independent. If does toss his hat into the ring. The markets will go orbital. Knowing it will split the left vote and the markets get Trump for 4 more years.

#FollowTheWhiteRabit.

Dr Smoking Man
PhD Herdonomics.

#135 On the 8th day Trump was created on 01.28.19 at 10:32 am

Hey smoking man… your hero wants you to read the bible….

https://twitter.com/realDonaldTrump/status/1089876055224184833?s=19

#136 Remembrancer on 01.28.19 at 10:46 am

#105 Unhinged Trader on 01.28.19 at 12:59 am

Are prison walls ridiculous? What about the walls that line the QEW?
——————————————————
Sigh, what aboutisms… Nope, prison walls are to keep prisoners in, which is the point. Those on the QEW are largely sound barriers or for safety so animals, small children or unruly blog dogs don’t accidently wander on to a 8-lane highway and get flattened or most days annoy the commuters while they are at a standstill. They are definitely not there to keep southern Ontarians from crossing the Credit River…

#137 Tater on 01.28.19 at 10:50 am

#2 yorkville renter on 01.25.19 at 5:35 pm
yesterday I saw a place for rent for $4500… I dug a little deeper and saw that it sold in October for $2mm even (plus double land transfer tax for Toronto).

What were these people thinking?

Take out property tax and the rent covers about $700k of mortgage… did they put down $1.3mm + closing costs to just cover tax and mortgage?

The insanity has to stop… people need to be helped from themselves. I say bring on the regs!
—————————————————————-
Sounds like the place I’m renting right now. I tell people I’ll buy, when the cost of ownership is only 20% more than the cost of renting. I think it will be a while.

#138 Ace Goodheart on 01.28.19 at 10:53 am

RE: Trump: If you elect the clown, you can expect the circus.

I seriously think the guy’s a Russian Agent. All the pieces fit….

#139 Phil on 01.28.19 at 10:55 am

DELETED

#140 n1tro on 01.28.19 at 11:01 am

#124 crowdedelevatorfartz on 01.28.19 at 8:23 am
@#120 Millenial Surrealist
“Keep it up, spread your ideas everywhere, please!
We are counting on you and all your friends ;)”

*****

You forgot the always inane , inevitable, Millenial chant….”LOLOLOLOLO” to let people know you’re laughing.

————————————
Crowded….you need to get with the times. Being a Gen X, I will be the bridge to the Millennial mindset.

LOLOLOL? That’s so 2014….it’s “Laudz” now…you know the sound when you try to pronounce “LOL” but you write it out.

Damn that is stupid you say? You need to write….Dayum (the word damn spoken but stretched out and again written).

Still don’t understand and thinking “wtf”? You need to write “dafuq?” in its place.

I think that’s enough of a lesson for today. You’re welcome.

#141 Headhunter on 01.28.19 at 11:09 am

Silent majority is quite larger than the dogs that are barking.

IF Trump wants the job in 2020. Its his. He has the working whites, blacks, and latinos on his side. (silent majority)

#142 Blackdog on 01.28.19 at 11:10 am

Exciting stuff. As investors (and as Canadians in general) the outcome of a trial underway as I write this, has potential to affect us quite dramatically. USA has promised a 30% withholding tax will apply to any gross proceeds from the sale or other disposition after December 31, 2018 of any property of a type that can produce the U.S. source income, IF the Canadian government is forced by Federal Court to nullify the FATCA IGA.

From the Federal Court:

” Federal Court Cour fédérale

Ottawa, 25 January 2019 – The Court is launching a webcast pilot project to facilitate access to a broader selection of hearings of significant public interest for the media and members of the wider public. The pilot project builds on the Court’s Policy on Public and Media Access and Strategic Plan (2014-2019). The summary trial in file T-1736-14 has been selected as the first case under this pilot project.

File T-1736-14 IN THE MATTER OF GWENDOLYN LOUISE DEEGAN ET ALv. THE ATTORNEY GENERAL OF CANADA ET AL

Summary: Action regarding the Canada-United States Enhanced Tax Information Exchange Agreement Implementation Act and certain provisions of the Income Tax Act, which relate to the collection and disclosure of taxpayer information to the United States of America.

Schedule: The trial is set for five days starting Monday, 28 January and is scheduled to begin at 0930 PST / 1730 GMT each day in Vancouver, B.C.

Language of hearing: English.

Presiding judge: The Honourable Anne Mactavish ”

To view this monumental trial of significance to all Canadians, use the Zoom application:

https://cas-satj.zoom.us/j/608274800

#143 The Trumpet Sounds on 01.28.19 at 11:22 am

You have before you the False Prophet and his name is Trump. In modern times he was known as the Music Man or the conman who rode into town.

#144 calgaryPhantom on 01.28.19 at 11:30 am

Wondering if there is any enthusiasm left for our Canadian elections in few months :):)

#145 n1tro on 01.28.19 at 11:31 am

sorry if repost since I got an error saying the system thinks message was already sent…
———————————–
You forgot the always inane , inevitable, Millenial chant….”LOLOLOLOLO” to let people know you’re laughing.

————————————
Crowded….you need to get with the times. Being a Gen X, I will be the bridge to the Millennial mindset.

LOLOLOL? That’s so 2014….it’s “Laudz” now…you know the sound when you try to pronounce “LOL” but you write it out.

Damn that is stupid you say? You need to write….Dayum (the word damn spoken but stretched out and again written).

Still don’t understand and thinking “wtf”? You need to write “dafuq?” in its place.

I think that’s enough of a lesson for today. You’re welcome.

#146 Figure it Out on 01.28.19 at 11:31 am

“If the entire govt investigative apparatus was turned on anyone, of course they are going to find something, even on a normal citizen. Little misses on your tax returns, maybe you lied on your mortgage app. That’s what the indictments are so far. Lying, paying a hooker, meeting in russia etc. Where are the high crimes and misdemeanors? “

I MUST say, it’s been fun to watch the Stockholm syndrome crowd explain (and re-explain, and re-explain) this Presidency.

They didn’t meet with the Russians. OK, they did, but it was about orphanages and adoptions. And nobody important was in the room. Definitely didn’t talk to the Russian ambassador, on a Promise as a Military Man to the Vice President. Oh… THAT Russian ambassador? Well yeah, but there was nothing wrong with that. And the orphans? Well, no, uh, that was about condos, and nobody important was in the room. But there were no detailed plans for the condos. And it certainly wasn’t about hacked emails from the Democrats. Well, maybe there were detailed plans, but what’s wrong with that? And maybe the hacked emails, but that’s all in the past, and besides, the Administration hasn’t sold Alaska back to the Russians yet, so what’s the big deal?

When you catch someone [or a group of co-conspirators — ed] lying, they’re liars. Why would you assume they’re telling the truth about anything else? Who gives a shit what’s motivating them? It ain’t public service.

#147 Blackdog on 01.28.19 at 11:35 am

@#132 “not first” re: “me and my wife will vote…”

English not your first language? Here is a little hint to help you determine whether to use I or me in a sentence without actually understanding grammar rules (I’m no expert either). Drop “wife” (or whatever other thing you are referencing with “and”) and see if the sentence still sounds right. In this case, “me will vote” is obviously wrong. You are welcome.

#148 Unhinged Trader on 01.28.19 at 11:39 am

@136 Remembrancer

Interesting that you chose to address only the indirect analogies.

So what is it about enforcing a political boundary do you find ridiculous?

Are country borders arbitrary?

Of course not. But walls are. – Garth

#149 Ubul on 01.28.19 at 11:42 am

Obama inherited the crisis from Bush. Trump inherited the recovery from Obama. Try to keep up. – Garth

The more keep up version would be that Obama inherited the crisis from The Fed.

The Fed was supposedly independent from Bush. The reason for The Fed to exists is to avoid what happened in 2008, yet it hit them as deer is hit by the headlight.

The Bush and Obama independent Fed then came up with an other policy, that created a decade long unprecedented low interest rate induced recovery, that is now responsible to huge bubbles, misplaced investments, as far as Canadian real estate.

It looks like the latest wave of Fed policy consequences will hit shore at the second part of Trump administration.

#150 For those about to flop... on 01.28.19 at 11:57 am

O.k Crowdie, you’ve been a solid supporter of my work to bring some transparency to the Vancouver real estate market and so I will give you my explanation for taking a break from this blog.

It’s a little complicated and I can’t explain without calling a couple of people out which is why I didn’t bother fighting back and walked away.

I will state what they did, but not their names,it’s in the archives of the blog.

On Sunday 13th of January Garth wrote a post about the young man from Surrey dying with cancer.

I had already pre-written out my post that appears at comment number one.

It had been up on my blog for probably an hour and when I saw that Garth had posted a fresh post I submitted my effort.

Garth and I had a gentleman’s agreement to post the Pink Snow posts on each blog, very seldom did I alter or edit them,they pretty much went up like for like on each blog unless I did a quick shoutout to someone that helped me on that particular blog.

No what Garth wrote about, Trump, Trudeau,Taxation,TFSA, Triumph, Tears or anything else it was my job to post my latest efforts on Vancouver real estate.

I did exactly that , daily without delay.

On that particular day,with the topic posted by Garth, people got a little more emotional than normal although there seems to be some degree of passion shown each day.

This is where things get a little sinister and I do not like doing this but I have to do it to try and fully explain.

After looking at the two names of the people had tried to Cancer Shame me a bell went of in my head and I went back to confirm two things.

I been experiencing a relatively peaceful period on the blog pumping out post after post but one guy roughly a week earlier had complained about not needing to know about Vancouver real estate everyday.Maybe 6 or 7 people stuck up for me after I had previously stated that I was trying to be constructive.

Also during that week a lady complained that she was disappointed about my posting a condo loss of around 100k.

In one of my follow up posts, I did not name her but merely pointed out what’s to be disappointed about? The numbers are the numbers and I refuse to fabricate.

Well , after ” I’m stupid” put their post up at number two stating that I should perhaps not have put my usual updates up when Garth had wrote such a sensitive post these two individuals thought that this was a perfect time to try and cancer shame me to get even and perhaps start an anti- flop avalanche.

It did not things died down but if people are going to stoop to cancer shaming people because they felt slighted then I’m not going to associate with them,even in anonymity.

As stated before, I spend a fair whack of my time writing real estate stories try to raise funds for the Terry Fox Foundation, they become my charity of choice after being inspired by Terry and my fathers diagnosis with the disease roughly a year ago.

I have been candid about the relationship or lack of it with my Dad and part of my efforts is to do with helping family members eek out just a little more time with a loved one.

I want my Mum to spend as much time with my Dad as possible.

Can the small donations I get really help with curing cancer?

Of course not.

Here’s how I always framed it.

If someone could give you just one more day with a loved one would you appreciate that effort and donations.

Yes, you would.

One a micro level that’s all we can do.

Anyway this post is probably long enough already for Garth , but if you are going to try and cancer shame someone then, it’s probably better if you don’t go after a guy who tries to raise money for a cancer charity in his spare time and father is dying with the disease just to try and get a few cheap up-vote types of pats on the back for cancer shaming a guy who was just doing what the host of this blog asked him to do.

I guy that I haven’t always gotten along with on this blog named Billy Bob saw what was happening that day and tried to point it out in his own way, I think he called it grief shaming,anyway, thanks for try to stick up for me BB,appreciated.

I’ve got tire marks on my torso but I’m still alive…

M44BC

#151 IHCTD9 on 01.28.19 at 11:59 am

Ahh, -26 C out this am, and as it turns out; the IHCTD9 bunker complex was a toasty +26 C inside at the same time. Looks like we guzzled wood pellets at a rate of about 6.7 lb/hr between the two stoves last night.

When it gets this cold out, I think about taxes. Fuel Taxes. We can’t get by without fuels – and that’s why we are taxed out the wazoo on them. This year we get another fuel (and therefore everything) tax: Carbon taxes.

Stove #2 is in the cross-hairs this summer. Either that, or the fuel I put in it will be. One or the other…

#152 Phil on 01.28.19 at 11:59 am

Hi Garth, you deleted my comment so does that mean you will accept my bet that the wall will be built? Lets make it official, $20 bet? 1k, 10k 100k? I’m ready to shake on it.

#153 Deplorable Dude on 01.28.19 at 12:13 pm

#138 Ace Goodheart…”I seriously think the guy’s a Russian Agent. All the pieces fit….”

I seriously think there are WMD in Iraq….politicians and media kept telling me…..all the pieces fit.

#154 Ubul on 01.28.19 at 12:30 pm

#148 Unhinged Trader on 01.28.19 at 11:39 am

@136 Remembrancer

Interesting that you chose to address only the indirect analogies.

So what is it about enforcing a political boundary do you find ridiculous?

Are country borders arbitrary?

Of course not. But walls are. – Garth

Perhaps.

But you being a pragmatic, logical person, how do you suggest to enforce non-arbitrary borders that allowed to breach law and order to the extent that now over 20 million people managed to live in the US illegally, just since the last amnesty?

Curious to know.

#155 Ronaldo on 01.28.19 at 12:38 pm

Not a good position to be in at 64.

https://www.cbc.ca/radio/thesundayedition/the-sunday-edition-for-january-27-2019-1.4989313/64-and-unemployed-one-man-s-struggle-to-be-taken-seriously-as-a-job-applicant-1.4991626

#156 Leadership Needed on 01.28.19 at 12:41 pm

His name was Robbie Burns, and an officially day is set aside to celebrate him worldwide. In Toronto there was one place that held events all week in his honour. Do take the time to read about him because he inspired the world with his songs and writings like none other. This one man alone changed a way of thinking that inspired many famous men and women into a positive way of living, thinking, and doing. We in Canada need more like him, or it could be a strong woman too.

#157 crazyfox on 01.28.19 at 12:41 pm

#121 NoName on 01.28.19 at 8:19 am

That’s a monumental failure of fiscal policy, no matter how anyone looks on it and it began before Trump but what has he done in the best of times, the epitome of excess with +trillion dollar deficits born out of tax cuts to the rich? – crazyfox

Did I not speak plain? And did I not mention a 62.5% turnover over 2 years with “SENIOR” positions in the WH? You just don’t see management turnover like that in any profession including fast foods. Regular employee’s, yes but management, no.

#158 not 1st on 01.28.19 at 12:53 pm

#151 IHCTD9 on 01.28.19 at 11:59 am
——-

If Trudeau keeps raising that carbon tax, I have got a 50,000 bushels of wheat I can burn in the grain stove for the rest of my life. Who needs food, let the rest of the world figure it out while I go all Ayn Rand.

Millennials pay the carbon tax if they are so virtuous. Normal January here -25 with 60mph wind. I have yet to see a winter or summer yet that I didn’t see 35 yrs ago.

#159 crazyfox on 01.28.19 at 1:06 pm

#123 not 1st on 01.28.19 at 8:22 am

I’m sorry but your “everyone is as corrupt as Trump” coupled with “Muller has spent 3 years, should have found something by now” arguments are just plain untrue:
https://en.wikipedia.org/wiki/Special_Counsel_investigation_(2017%E2%80%93present)

Muller’s investigation began in May 2017 and they haven’t been able to tell their story except in the courts. You can count right? 20 months isn’t nearly 3 years, you know that right? I’ve got a great idea, you can just bash Enwikipedia as Liberal and make more stuff up! That’s what the 34%’ers that still support Trump do, “lets tune into Fox news and just live in a world of pretend”.

Who knows why entirely… cult mentality, easily led superior/inferior complex’s, “us whites gotta stick together” or maybe they are just addicted. That’s what addicts do, is they lie. Lie to each other, lie to commoners off the street, they lie to themselves. Y’know… just pretend.

#160 Godth on 01.28.19 at 1:10 pm

#146 Figure it Out
trump is a liar, a con man and a clown but…you figure it out.
https://consortiumnews.com/2017/07/24/intel-vets-challenge-russia-hack-evidence/

https://www.youtube.com/watch?v=Kp7FkLBRpKg

https://theintercept.com/2019/01/20/beyond-buzzfeed-the-10-worst-most-embarrassing-u-s-media-failures-on-the-trumprussia-story/

#161 Ponzius Pilatus on 01.28.19 at 1:11 pm

#156 Leadership Needed on 01.28.19 at 12:41 pm
His name was Robbie Burns, and an officially day is set aside to celebrate him worldwide.
———
Celebrated worldwide?
Typical Anglo-Saxon Tunnel vision.

#162 Leo Trollstoy on 01.28.19 at 1:15 pm

Border agents say a barrier is needed

https://www.npr.org/2019/01/11/684037990/border-patrol-makes-its-case-for-an-expanded-border-barrier

CNN and MSNBC won’t interview border agents

#163 Ponzius Pilatus on 01.28.19 at 1:17 pm

Talking about unwinding.
Trump is in the process of unwinding stricter domestic violence definition installed by Obama.
And it seems, daily prayer could be back in public schools.

#164 expat on 01.28.19 at 1:39 pm

Every democratic party women candidate declaring thus far are self proclaimed communists. (They call themselves Progessives now becuase people owuld freak if they knew what they really were!)

I can’t wait for them to get in.

All the crying and whining world wide from the Leftists about Trump will vaporaize as middle ground Joe Average sees 70% taxes to pay for sex changes for all who want them, 10 Million illegals laughing as they cross the southern and northern borders, etc.

Yeah most Canadians will jump ship too as Trudeau declares 90% taxes…..

All I can say – Yahoo!!!

All the fake leftist news outlets will be nationalized, government departments will start hunting for taxes and criminals like 10 year old kids who sell lemonade onteh corner (Don’t laugh it happened under Obama).

I can’t wait….

I’m in a tax haven so I could care less.

#165 LP on 01.28.19 at 1:39 pm

#145 n1tro on 01.28.19 at 11:31 am

Man alive, the stuff I learn on this blog! Thanks a million for the “English” lesson.

F71ON

#166 the ryguy - In cabo on 01.28.19 at 1:45 pm

#133 A Cautionary Note to The Rabble on 01.28.19 at 10:25
———————————————————————-

I bet you just feel so proud after writing a comment like that.

You are beyond ignorant to the financial ramifications of your proposed rainbows and sunshine society. The west has poured Trillions into foreign aid, and it hasn’t even dented the problems, in fact limousine liberals like you point out that its actually worse and therefore we need to invite everyone into the west.

“Better food”..Here is a crazy idea..go to those countries, spend your own money and go and support the mom and pop shwarma shops..thats called voluntarism and NO ONE has ever stopped you from doing that on your own initiative. To decree though that everyone else needs to pitch in their tax dollars so a shwarma shop can be open right next to your house, is utter idiocy.

Lets say for a moment that all the immigrants we take in are doctors/engineers/surgeons. What does that do to the country we take them from? Who then designs the buildings over there? Who delivers the babies? How can their countries standards of living EVER catch up when we are taking the best of their citizens and claiming them as our own?

You really sound like a fool, here in the real world you need infrastructure, classrooms, hospital beds, dentists etc. Have you even given thought to whether or not Canada can even accommodate 1 million more people? Where will they live, what jobs are available? Do their children speak english well enough to attend classes IF there is even spots available?

Sorry us “right wing” types ask these questions, but they are all fair questions..and when your reply is “shut up racist and pay more taxes” it shows what little thought you’ve put into it.

#167 expat on 01.28.19 at 1:52 pm

I have said several times that the markets are forward looking not backward looking.

If you see blue skies – well – I guess its your opinion…

That isn’t what I see after Caterpillar, Nvidia, etc today….

You are seeing massive global slowdowns not 8% profits.

BTW – There is more than one country in the world folks….

The USA is certainly the prettiest pig on the farm but it ain’t no beauty contest winner…

Where these profit forecasts are coming from is beyond me…

The world is decelerating….IMHO 15-16 times earnings is not sustainable…

Pinning growth on a trade deal is a stretch, 70% of most economies run on consumers. Chinas are broke, Europe’s are broke, US’s are broke, Canada (well they are dead)

They are all on the ground flopping like dead fish….

#168 expat on 01.28.19 at 1:54 pm

#156 wrote – Talking about unwinding.
Trump is in the process of unwinding stricter domestic violence definition installed by Obama.
And it seems, daily prayer could be back in public schools.

So what is your point? That he supports domestic violence?

Please stop

#169 BillyBob on 01.28.19 at 1:57 pm

#46 AGuyInVancouver on 01.27.19 at 7:24 pm
#15 2020 trump on 01.27.19 at 5:35 pm
Garth u wanna bet trump gets back in and he starts building the much needed wall. U and ur girl Trudeau will not be happy.
_ _ _
Great, so we get to wade through tons of comments like this from Deplorables. Garth, you’re not selling advertising on the blog, why go with the clickbait? Let’s just ignore Trump as the media should do to starve him of the oxygen he so narcissistically craves.

Also, is every other urban Canadian always struck by how white Trump ralliers are?

===================================

Substitute any other colour for “white” in this sort of post and I guarantee is gets deleted. I’m too apathetic to be offended by the racism or the hypocrisy, but the illogic was worth a mention.

————-

#140 n1tro on 01.28.19 at 11:01 am
#124 crowdedelevatorfartz on 01.28.19 at 8:23 am
@#120 Millenial Surrealist
“Keep it up, spread your ideas everywhere, please!
We are counting on you and all your friends ;)”

*****

You forgot the always inane , inevitable, Millenial chant….”LOLOLOLOLO” to let people know you’re laughing.

————————————
Crowded….you need to get with the times. Being a Gen X, I will be the bridge to the Millennial mindset.

LOLOLOL? That’s so 2014….it’s “Laudz” now…you know the sound when you try to pronounce “LOL” but you write it out.

Damn that is stupid you say? You need to write….Dayum (the word damn spoken but stretched out and again written).

Still don’t understand and thinking “wtf”? You need to write “dafuq?” in its place.

I think that’s enough of a lesson for today. You’re welcome.

==============================

Oh n1tro, you’re so woke AF.

#170 not 1st on 01.28.19 at 2:02 pm

crazyfox, your vote for enslavement has been noted. Thank you. Soros sends his regards. I guess Stockholm syndrome is alive and well.

#171 NoName on 01.28.19 at 2:10 pm

#157 crazyfox on 01.28.19 at 12:41 pm
#121 NoName on 01.28.19 at 8:19 am

That’s a monumental failure of fiscal policy, no matter how anyone looks on it and it began before Trump but what has he done in the best of times, the epitome of excess with +trillion dollar deficits born out of tax cuts to the rich? – crazyfox

Did I not speak plain? And did I not mention a 62.5% turnover over 2 years with “SENIOR” positions in the WH? You just don’t see management turnover like that in any profession including fast foods. Regular employee’s, yes but management, no.

Honestly i never liked trupm until “people” like start coming out of woodwork.

https://youtu.be/Q9IK-VicYes

#172 IHCTD9 on 01.28.19 at 2:21 pm

#158 not 1st on 01.28.19 at 12:53 pm
#151 IHCTD9 on 01.28.19 at 11:59 am
——-

If Trudeau keeps raising that carbon tax, I have got a 50,000 bushels of wheat I can burn in the grain stove for the rest of my life.
——

That’s a lot of heat. I couldn’t resist working it out, it’s 21 Billion BTU’s, that would heat my leaky old house for about 250 years :). I guess you must own a Farm.

I tried grain in my pellet stove once, it clinkered up bad – needed a pot stirer to break them up. Great heat though!

If I mixed about 25% pellets in with the grain – it worked great – same thing with corn.

#173 IHCTD9 on 01.28.19 at 2:28 pm

#161 Ponzius Pilatus on 01.28.19 at 1:11 pm
#156 Leadership Needed on 01.28.19 at 12:41 pm
His name was Robbie Burns, and an officially day is set aside to celebrate him worldwide.
———

Celebrated worldwide?

Typical Anglo-Saxon Tunnel vision.

_____

Ah, yes.

Celebrated world wide among Sottish diaspora and others.

Hot tip: worldwide does not mean “in every single country that exists on the planet”.

#174 MF on 01.28.19 at 2:31 pm

#132 not 1st on 01.28.19 at 9:41 am

…and there are no SJW’s in America?
You are in for a surprise.

MF

#175 Russia Too on 01.28.19 at 2:34 pm

#161 Ponzius Pilatus – Yes even in Russia, but never knew they too were Anglo-Saxon. Thanks for your update.

#176 The People's Poet on 01.28.19 at 2:43 pm

A prince can mak a belted knight,
A marquis, duke, an’ a’ that;
But an honest man’s abon his might,
Gude faith, he maunna fa’ that!
For a’ that, an’ a’ that,
Their dignities an’ a’ that;
The pith o’ sense, an’ pride o’ worth,
Are higher rank than a’ that.

Then let us pray that come it may,
(As come it will for a’ that,)
That Sense and Worth, o’er a’ the earth,
Shall bear the gree, an’ a’ that.
For a’ that, an’ a’ that,
It’s coming yet for a’ that,
That Man to Man, the world o’er,
Shall brothers be for a’ that.

#177 IHCTD9 on 01.28.19 at 2:53 pm

#155 Ronaldo on 01.28.19 at 12:38 pm
Not a good position to be in at 64.

https://www.cbc.ca/radio/thesundayedition/the-sunday-edition-for-january-27-2019-1.4989313/64-and-unemployed-one-man-s-struggle-to-be-taken-seriously-as-a-job-applicant-1.4991626
_____

That’s one of those hard truths in life. Crummy situation.

Strangely, the best prevention against having to stress over your work prospects at age 64+ is a big pile of money :).

Tough to do though, if he was indeed a single Dad since his 20’s.

Radical out of the box thinking required to free yourself in this guy’s situation – whatever the solution could have been, it would not have been easy, or short term.

#178 not 1st on 01.28.19 at 2:54 pm

#174 MF on 01.28.19 at 2:31 pm

Sure but the US knows how to handle them.

Best cure for socialism is 3 days without toilet paper and your pet ready for the bbq.

#179 PastThePeak on 01.28.19 at 2:55 pm

#158 not 1st on 01.28.19 at 12:53 pm
#151 IHCTD9 on 01.28.19 at 11:59 am
——-

If Trudeau keeps raising that carbon tax, I have got a 50,000 bushels of wheat I can burn in the grain stove for the rest of my life. Who needs food, let the rest of the world figure it out while I go all Ayn Rand.

Millennials pay the carbon tax if they are so virtuous. Normal January here -25 with 60mph wind. I have yet to see a winter or summer yet that I didn’t see 35 yrs ago.
++++++++++++++++++++++++++++++++++

Indeed. I don’t deny that there is some observed warming on the instruments for the last 100 years (such as the data was kept back then), but based on my life experience, this hasn’t translated into observed changes in climate in Eastern Ontario.

The winters are still brutally cold, and we have some very hot days/weeks in summer. Each year a little different (better/worse springs & autumns).

But what do we know, right?

#180 Duke on 01.28.19 at 2:56 pm

#150 For those about to flop… on 01.28.19 at 11:57 am

Welcome back, Mr. Flop.

Please don’t pay attention to those idiots on this blog and just continue posting valuable RE information. Most here appreciate your work.

#181 expat on 01.28.19 at 2:57 pm

#133 – A Cautionary Note to The Rabble

All of you right-wing, Trump-loving, reactionary types (aka The Rabble), should consider a few things before you post.

Yes I see your point. I’ll try to act like you more often…
Since it’s obvious that only you have a viewpoint worth considering..

It is exactly why Trump will again, The People’s Party of Canada will win far more seats than you could possible tolerate. (Cause it’s about you, your tribe’s, and your party’s opinion).

So yes we will all try to lay down, bow to your leftist ANTIFA drivel and watch our country burn to the ground…

Thanks

You are exactly why chnaeg is required. Democracy is about freedom.

Learn it’ll help understand why some people don’t think like you and it’s OK!!!!

#182 PastThePeak on 01.28.19 at 3:00 pm

#167 expat on 01.28.19 at 1:52 pm
I have said several times that the markets are forward looking not backward looking.

If you see blue skies – well – I guess its your opinion…

That isn’t what I see after Caterpillar, Nvidia, etc today….

You are seeing massive global slowdowns not 8% profits.

BTW – There is more than one country in the world folks….

The USA is certainly the prettiest pig on the farm but it ain’t no beauty contest winner…

Where these profit forecasts are coming from is beyond me…

The world is decelerating….IMHO 15-16 times earnings is not sustainable…

Pinning growth on a trade deal is a stretch, 70% of most economies run on consumers. Chinas are broke, Europe’s are broke, US’s are broke, Canada (well they are dead)

They are all on the ground flopping like dead fish….
++++++++++++++++++++++++++++++++++++

Yep. Not a lot of good news for global growth in the last month. Apple, Samsung, autos, now CAT and Nvidia. Perhaps the downturn in China was temporary, it might be something else as well.

No one should panic (certainly don’t sell after a big loss), but the good ship “Bull Run” might be starting to keel over…

I have used this recovery from the Dec dips to trim some maple exposure, and all new money is starting to pile up in the “powder dry” barrel.

#183 The Totally Unbiased, Highly Intelligent, Rational Observer on 01.28.19 at 3:08 pm

“Yep. Globalists, 1. Trump, 0.”–G.T.

Oh Garth, do try to keep up to date. Those numbers are from before the election. You need to look at the current figures. One must be scrupulously honest in these matters, and not just make up numbers like one and zero, much less numbers like bazillion, gazillion, and frazillion.

Updated statistics:

Trump, +70,000,000.

Globalists, -666.

#184 jim on 01.28.19 at 3:14 pm

So they send in the army to arrest one 65 year old Roger Stone in the early morning at home with his deaf wife….cameras rolling from the media who are there ahead of time….yup that’s all they have left to pick on….desperate! If that doesn’t make you wonder Garth then I can only conclude that you have an ulterior motive for disliking Trump.

#185 IHCTD9 on 01.28.19 at 3:31 pm

#46 AGuyInVancouver on 01.27.19 at 7:24 pm

Also, is every other urban Canadian always struck by how white Trump ralliers are?
_____

Nope. Never. Not even once.

You’re saying that you are, on a regular basis?

#186 RWZM on 01.28.19 at 3:39 pm

DELETED

#187 Lee on 01.28.19 at 3:42 pm

I think Trump wins in 2020. He is only really at risk of losing Michigan and Wisconsin. He may actually pick up Minnisota, New Hampshire, and possibly Colorado and Virginia. I think Texas and Florida stay red. Everything else stays the same. Losing Michigan and Wisconsin is about 26 seats, leaving him with 280 still. Even losing Arizona would make it an even bet he wins. It’s hard to lose your base in 4 years. It is also hard for demographics to flip on you in 4 years.

#188 crowdedelevatorfartz on 01.28.19 at 3:53 pm

@#140 micro
“I think that’s enough of a lesson for today. You’re welcome.”
+++++

Thanks for the lesson in “ebonics”.
A failed school experiment from the 1990’s that relegated inner city kids to a lifetime of crappy jobs because they couldnt speak or spell proper English.

Slang away.

LOLOLOLOL

#189 EB on 01.28.19 at 3:54 pm

If it’s looking like there’s any chance of a Trump V2 admin the Republicans will cheerfully split the vote by throwing up one or more decent competitors as “independents”. Count on it. Getting the machine back in the drivers seat is colossally more important to them than the R/D puppet show.

#190 n1tro on 01.28.19 at 4:09 pm

#181 crowdedelevatorfartz on 01.28.19 at 3:53 pm
@#140 micro
“I think that’s enough of a lesson for today. You’re welcome.”
+++++

Thanks for the lesson in “ebonics”.
A failed school experiment from the 1990’s that relegated inner city kids to a lifetime of crappy jobs because they couldnt speak or spell proper English.

Slang away.

LOLOLOLOL
——————————————
Ebonics and Millennial Speak are 2 different things. On the one side you are “Woke AF” or “Dayum”ed. Both retarded ways to communicate but it is what it is.

#191 Yellow Vest on 01.28.19 at 4:20 pm

Every time I hear some idiot saying shite against a southern border wall I say to them “so you are calling the Border Patrol liars”. And it goes silent.

#192 Greg on 01.28.19 at 4:38 pm

Thanks Garth for the insights as always.

Why do you attract so many Trumpers? I find it so odd. Maybe because you flow against the grain, and they see you as one of their trusted allies? It’s sad.

#193 Midnights on 01.28.19 at 4:55 pm

Smoking Man on 01.27.19 at 10:53 pm
Every time a good guy gets elected as POTUS the machine has them killed or taken out.

Abraham Lincoln Freed the slaves
JFK, was hell-bent on draining the swamp.
Nixon as well. Wanted to end the Vietnam war.

Hunter S Thompson was part of MK Ultra, sold his soul to the CIA in drug bust that no one knows about.

/////////////////////////

Smoking Man you can’t lay this kind of truth down to the masses. They’ll think somethings wrong with you.
Keep up the great work.

#194 yorkville renter on 01.28.19 at 5:14 pm

I feel bad so many if you cant objectively see that Trump is a terrible person and an even worse President

#195 John Howarth on 01.28.19 at 5:15 pm

The G&M has an article about the complexities of the tax system, that leaves even experts perplexed.
A couple of years ago ( probably 20 years ago)I called CRA and asked a question regarding the RRSP Home buyer’s plan. The lady on the phone, told me “Please wait, I have to look it up in the Arthur Andersen Guide.” A&A is long gone, but the complexities are still there at CRA.

#196 bob dog on 01.28.19 at 6:25 pm

Those people look like they’ve been Bird Boxed!

#197 Trolling the trolls on 01.28.19 at 6:51 pm

@#118 Howard on 01.28.19 at 7:51 am
#105 Unhinged Trader on 01.28.19 at 12:59 am
#193 Midnights on 01.28.19 at 4:55 pm
#191 Yellow Vest on 01.28.19 at 4:20 pm
#181 expat on 01.28.19 at 2:57 pm
#178 not 1st on 01.28.19 at 2:54 pm
#166 the ryguy – In cabo on 01.28.19 at 1:45 pm
_________________________________________

You guys sound like grade school children. – Garth

#198 expat on 01.28.19 at 7:03 pm

This Trump Derangement Syndrone is truly fascinating..

Can I ask a question?

What happens when he wins the next election?

Do you all commit Hari Kari?

Go to the USA and ask around.
He is gonna win in a landslide

Sorry but you are being had

#199 Bravo on 01.28.19 at 7:28 pm

#176 The People’s Poet – A wonderful tribute to a great man RB. This reminds me of a course I took called the Canterbury Tales and that Old English was a rough journey beyond comprehension, but the context was juicy.

#200 Smoking Man on 01.28.19 at 8:11 pm

Who in there right mind would ever invest in rental apts in BC when all levels of govt are commies. Over supply is his you get prices down. Policies do the exact opposite.

No one ever said commies are smart. Just jealous thugs and thieves.

BC is toast..

#201 Steven Rowlandson on 01.29.19 at 9:00 am

Trump has yet to prove himself to be a true nationalist or a modern day Andrew Jackson..

I suspect there will be many disappointed voters come the next US presidential election.

Like Merlin said in the movie Excalibur. It is the doom of men that they forget.