After the handouts

“I’m a fan of yours,” Barry says, guaranteeing my fatuous attention. “I’d like to know your thoughts on what might the Canadian economy do once CERB runs out.”

And he nails it. That’s the question. The pandemic will end. The virus will leave town. A vaccine/therapy will be found. We’ll have a long time to decide if the medicine matched the ailment. Was this a public health triumph which saved millions of lives? Or a Biblical overreaction lasting years which savaged a perfectly good economy?

Beats me. We’ll know in a decade. Meanwhile, to Barry’s point, how much of a mess are we walking into as the torrent of government money ends?

In case you missed some of the $300 billion in federal largesse, here’s a little reminder of what the federal government has done (with money it didn’t have). The Liberals have just taken a disturbing deficit run up by overspending in good economic times, and multiplied it ten-fold in a crisis. Yes, that’s what governments are supposed to do. But paying people not to work after you’ve told them they can’t be employed is a new thing. Will they want to work again, with the right to refuse? What about the jobs that are gone, gone? How does this fire hose of public cash get cranked off?

These are the major giveaways, now in full effect but scheduled to end.

The CERB. Two grand a month to anyone claiming (but not proving) they lost income because of the virus. Job loss or reduction, illness, quarantine, lockdown, disruption, fear of sickness, caring for a spouse, child or parent – it all qualifies. It started in March and ends in October and between those dates people can collect a total of $8,000, no tax deducted. Money can be received retroactively if applied for by December 2. Even earning just $1,000 a month working, qualifies for twice that amount if leaving that job. Once CERB ends, people can go on EI. Benefits are taxed as income.

Seniors get extra cash. If you’re over 65 the OAS received is topped up by $300. People on GIS get an extra two hundred. Plus withdrawals from RRIFs and pension plans will be taxed 25% less this year.

Students receive $1,250 a month if the virus affected them in any way by cancelling classes or making a summer job scarce. If they held part-time employment, they can claim the CERB. Kids with disabilities get $2,000 monthly until August. People who volunteer will receive up to $5,000 more.

Employers are being paid money to give to employees for not working. The Canada Emergency Wage Subsidy (CEWS) covers up to 75% of payrolls, maxing at $847 per week per person. To qualify businesses must prove a 15% drop in revenues in March and 30% in May. There’s also a wage subsidy program for non-qualifying businesses. Employees who share jobs can collect wages and also EI at the same time, for 76 weeks.

There’s rent relief for businesses, too. The Canada Emergency Commercial Rent Assistance provides forgivable loans to cover 50% of three monthly rent payments during April, May and June. The mortgaged property owner must agree to reduce the tenant’s rent by at least 75% under a rent forgiveness agreement, which will include a pledge not to evict the tenant while the deal’s in place. The business covers only up to 25% of the rent.

Don’t forget the loans. The feds put $65 billion into a fund (CEBA) to give businesses $40,000 each, of which ten grand is a gift. This is for companies with or without employees (including sole props), with other loan programs available to help major corporations.

Got kids? The T2 gang is sending you an extra $300 per child in CCB payments this month. The average family will collect $550. No tax. GST credit payments are being increased by $400 for singles and $600 for couples. And nobody needs to pay any income taxes owing for 2019 until the beginning of September.

In addition, people with mortgages can defer payments for six months. Astonishingly, 20% of everyone with a home loan is expected to ask for forbearance, which will ultimately increase their debt and payments. Renters are being subsidized by some provinces (like BC) while in most places governments have outlawed evictions, giving tenants the ability to live rent-free if they so choose.

The federal benefits will amount to between $250 and $300 billion. The mortgage forbearance is worth $4.2 billion. Nothing approaching this level of household, employee or business support has ever occurred in Canada. During the height of the 2008-9 financial crisis Ottawa shelled out a little more than $50 billion. That amount is now being spent monthly.

So what happens when it stops?

“I think if there’s a vaccine that is widely believed in and Canadians have widely received it, that’s a potential catalyst that could help, but by no means does that resolve all the challenges that may be experienced as a result of this,” says Bay Street economist Craig Alexander (I respect him). “I think ahead of that, it’s going to be really hard to see if we’re getting anywhere close to where we were pre-pandemic.”

Unemployment will be 15% or so by the end of the summer. A million families will have to make mortgage payments again. Five million folks will stop getting $2,000 in CERB each month. Small businesses will have to earn money to pay the rent, or fold. The economic numbers will be dramatically better, but only in comparison to the lockdown.

Barry, expect structural unemployment with double-digit joblessness well into next year. Government deficits will be obscene for a decade. Tax increases in the 2021 budget (following the election that Trudeau wins) could be stiff. Some form of UBI is likely. One viable airline, if we’re lucky. Real estate will pop back to satisfy pent-up demand, then plunge. GICs, bonds and cash will pay nothing. Tourism, hotels, eateries, sports, concerts, conventions, food courts, festivals – kaput for a year or two. Big flow into equities. The wealth gap will widen. It’s a recipe for social unrest and political activism. Look at Saturday night in America.

The virus turned out to be a killer. With accomplices.

About the picture: “I am a long time reader of your blog, and am in the construction business,” says Don, in Vancouver. “I am currently at project on Vancouver Island. On out-of-town projects tradesmen often bring their dogs to the sites, and they are accustomed to handouts from the lunch buckets we pack. I took this photo to show my wife and she suggested that I send it to you, for possible use.”

 

239 comments ↓

#1 TurnerNation on 05.31.20 at 1:11 pm

Here’s a cheery prediction for the archives.

Bold prediction for September. That Phase 2 of this rollout will take place.  Not only here but globally of course.
We are still int the Retraining/Compliance stage. Phase 1.
BC, NB, ON still extending never ending states of emergencies to keep this show going all summer long. USA strife winding up. Stuff reopening with strict new rules you’ll notice. If you wish to transact commerce you must stand on the Mark (circle) on the floor. Worldwide I might add.

Phase 2. September is harvest season. Time for the Crown bankers to harvest the Crown lands. Get off your land.
You know the courts will re-open with only one vengeance:  bankruptcy and land/home seizures. Justice not so much.
Many Landlords  already are kicked off their land – by squatters not paying rent.
Perfectly legal under this New System isn’t it.

By Fall many more will have been re- educated out of the Old System. Weddings,  fall fairs, sports, annual vacations. Visting elderly relatives.
Those decadences are over Comrade!The children will return to school….under the New System. No play dates. No recess fun. No birthday parties. 6-6-6 feet apart. Globally.

We are in war time you know. Sacrifices must be made and the young and old are first in line. Those with strong backs will be spared, off to the tax farms to work off our massive national debts.
Wish I was joking. I’m not.

#2 Peter McLean on 05.31.20 at 1:16 pm

Gotta get me some of them Poppa Trudybucks.

#3 crowdedelevatorfartz on 05.31.20 at 1:21 pm

I went out for dinner last night in Downtown Van.
A friend’s anniversary dinner.
I was surprised at how many restaurants were open and people on the sidewalks, even in the pouring rain.

The restaurant we were in was doing a booming business in “Skip The Dishes” take out.
The delivery/take out people were non stop the entire time we were there.
The waitress ( in black mask) commented that the “take out” was at least 50% of their business.
Our menus were paper and thrown out after we used them.
Strange being in a restaurant after 6 months.

Be interesting to see how these businesses do after the Liberal handouts end.

#4 Yukon Elvis on 05.31.20 at 1:23 pm

I think that your analysis is pretty spot on, especially about the permanent UBI and coming tax increases. The “rich” are gonna get hosed.

#5 Flop... on 05.31.20 at 1:23 pm

#77 Lost…but not leased on 05.30.20 at 11:30 pm
Sure glad FLOP was able the keep his writers ….including Phartzy.

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

Hey Lost, I can’t keep a track of all the shenanigans that go on here.

Can you remind me why you are always dissing Crowdie?

Also people seem to lump us in the same pot, here’s my list of similarities.

Both live in Greater Vancouver.

Both work in the trades.

He writes about Pink T-Shirts, I was the author of The Pink Snow Blog.

That’s it, as far as I know, maybe you have inside information on us both…

M45BC

#6 paulo on 05.31.20 at 1:26 pm

hi garth great article as usual, on the Cerb i thought it was done in July? you mention October?

#7 Flop... on 05.31.20 at 1:26 pm

American Glazier Association will not be intervening to stop the current round of riots…

M45BC

#8 Andrew on 05.31.20 at 1:29 pm

And somehow the banks maintain their dividends?

#9 Leftover on 05.31.20 at 1:35 pm

What will happen? Canada will wait for events to unfold in the USA, as always.

And what of that? If Biden can control the mob, the presidency is his.

Economically, that could turn out to be good news because he will kill two birds with one stone. Biden will impose significant tax increases on large swathes of the American economy. He can afford to because there are enough rich people and companies in the USA, unlike Canada. This will allow America to stop the printing presses.

Canada? We have to follow suit unless we’re willing to accept the alternative – hyperinflation/collapse of CAD. So CERB and its spawn ends, and local interest rates go up. Tough love and a long recession.

At least we’ll be able to blame the USA.

#10 BC Renter on 05.31.20 at 1:36 pm

What will be the impact on tenants who are not paying rent right now? Mass evictions to come?

#11 TurnerNation on 05.31.20 at 1:39 pm

A curious thing in Toronto last night.
Pretty sure I saw Sheraton Hotel with a Parking Lot Full sign lit up.
How could this be. Toronto is shut down. No open restaurant. No inside events. No tourists.
Streets are deserted at night.
Who could these parkers be? The streets were full in the daytime with [email protected] protesters which appeared out of nowhere. Were they bussed and driven in for this spectacle, organized agitators?
Blog dogs keep an eye on Toronto downtown hotels and parking lots.

#12 conan on 05.31.20 at 1:44 pm

Big flow into equities-Garth

I think we will see a flight to safety. Money on the side lines waiting to buy the canyon dips. The world will start healing once Donald is gone. He burns bridges, anything to get re-elected, but it is not going to happen for him.

#13 crowdedelevatorfartz on 05.31.20 at 1:48 pm

@#5 Flop
“Can you remind me why you are always dissing Crowdie?”
+++

I guess jealousy makes people do strange things.
Or Lost has been trapped on a particularly putrid elevator and blames me.
No matter, one crowded , humid, elevator ride allows me to reach a zen-like state of peace and nirvana.

#14 Mean Gene on 05.31.20 at 1:54 pm

The pooch is a QT.

#15 bob on 05.31.20 at 1:56 pm

Garth, can you explain why markets have recovered as much as they have?

I understand it is the PV of future earnings, and 1-2 years blip won’t make a huge difference if you’re taking a PV of say 5 years of future earnings.

But if this is structural, there will be winners (e.g. Amazon, Netflix, delivery companies, logitech selling webcams and headsets…) and there will be big losers.

But net overall, won’t corporate profits be much lower if we are having 2x structural unemployment for the next little while? Wouldn’t that make current stock markets over-priced? Or is there so much liquidity with government spending propping up the markets?

#16 Flop... on 05.31.20 at 1:58 pm

#118 NSNG on 05.31.20 at 1:18 pm
#112 Flop… on 05.31.20 at 12:33 pm

Coronavirus delivered a stinging left upper-cut to small businesses in America.

Looting and arson delivered an over the top right hook to the temple, when the owners were in the defensive position.

They will not get back up off the canvas in time…

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

Never underestimate the resilience of the hardworking American small businessperson.

They have only just begun to fight…

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

Hey Notso, my post was not referring to work ethic but what is the current narrative being stuffed down people’s throats.

My tag line “They will not get back up off the canvas in time…” was referring to the seemingly already pre-determined second wave of Coronavirus that is due to be introduced to society in early September.

Some of these places have just started opening up, only to be obliterated by arson and looting.

Combine that with a summer of race riots and what would you do if you were a small business owner?

George Floyd’s tragic death at this current point in time could be the intertwining of multiple afflictions in society, with the big guy choking the little guy, laying defenceless on the ground…

M45BC

#17 Uncle Charlie on 05.31.20 at 2:01 pm

The Springer Spaniel in today’s pic is absolutely identical to one I know very well here in downtown Vancouver. If I didn’t know I would have thought for sure it was him. Thanks for sharing!

#18 Cottagers STAY THE HELL AWAY! on 05.31.20 at 2:04 pm

Get in your cars, drive to your REAL homes and

DON’T COME BACK!

#19 IHCTD9 on 05.31.20 at 2:16 pm

I see Don is a Makita fan.

#20 RRIF withdrawl on 05.31.20 at 2:22 pm

Many year reader of your informative site. Will never miss a day.
I have a large RRIF. Can I withdraw my entire RRIF at a 25% tax rate?

Dream on. Rate of tax on allowed withdrawals is reduced. – Garth

#21 not 1st on 05.31.20 at 2:29 pm

CERB is likely to become income for paid protestors just like the US is seeing. We will have to see if Toronto remains peaceful but I bet its a clone of any American city with a seething under belly.

Anyway, the deep interwebs are talking about two new Trudeau taxes ready to implement at the right time, presumably when he has a majority. CG on residences and a succession/inheritance tax.

You voted for it. Does it still feel progressive to have your families wallets emptied and your grandkids in servitude to pay for the subversive incompetence of Justin.

#22 Zed on 05.31.20 at 2:31 pm

#4 Yukon Elvis on 05.31.20 at 1:23 pm

Is it wishful thinking or an observation?

Not too many “rich people” in Canada to hose so expect along with an increase in taxes on the few, reduced level of services on the many. You can only get so much blood out of a stone.

I’m a 0.005%; collected nothing from this virus, other than a reduction of my portfolio, but i know that i will have to pay even more for my compatriotes. C’est la vie!

#23 Stone on 05.31.20 at 2:40 pm

The federal benefits will amount to between $250 and $300 billion.

———

I suspect when all is said and done, the real amount will be much, much less. Gouvernment PR dept likes to make it look like the gouvernment is being generous. The reality is in many cases, the money actually handed was rebranded from some other already announced program prior to all this. Some of these programs like CEBA require at least 75% repayment as it’s not a grant but an interest free loan. I wouldn’t be surprised if it turns out to only be 25%-50% of the actual amount above. I’m surprised Garth that you don’t highlight that though. I guess it dilutes the drama and this blog loves drama.

#24 FreeBird on 05.31.20 at 2:41 pm

So other half (outside doing babe’s work – kidding) gave this scenario on UBI:

If family of 3-4 all on UBI earns total of ~$72K-96K per yr what’s the motivation to work? Or is that the point? I suspect it’ll come w/some cost to freedom. Excellent article on UBI albeit US but similar issues apply.

“…most proposals for funding UBI involve increased taxes on some people or entities, such as increasing wealth, carbon, income, or sales taxes.”

In USA if all adults over 18 was given UBI of $12K/month predicted cost is ~$3 trillion. Obv Canada’s cost would be smaller but still a hefty one incl socio economic ones.

https://www.google.ca/amp/s/mashable.com/article/what-is-universal-basic-income.amp

Seems like a few countries looking at UBI.

PS love how dogs can pose for pictures.

#25 You know val on 05.31.20 at 2:41 pm

GT 429 Hp stang…wheres the help for the small landlord?? No mention anywhere…helicopters cash for all but…LL ‘ s they get to suck hind tit! Why Garth??

#26 IHCTD9 on 05.31.20 at 2:41 pm

Trudeau handed out way too many freebies even before cv-19 showed up. This year my tax bill is already spinning down to zero thanks to all the Trudeau bucks I don’t need but still receive.

Trudeau may well get round three in Ottawa – maybe even a majority again. He’ll be printing and spending like gangbusters until the election is called either way.

IMHO, it’s time to start thinking about the future value our our currency. If Trudeau runs till 2023 before an election comes, we’ll see near a half Trillion burned by the Libs alone since 2015, with probably a new mandate in hand to spend even more.

Taxing this out of us will be near impossible without equal opposite effects negating any revenue gain. Hell, I pay near zero income tax and the only work I have to do is keep signing up for Trudeaus’ freebies.

These birdbrained Libs might finally put an end to conventional prosperity in Canada if they are still doing the same boneheaded things they’ve done since 2015 – in 2027…

#27 Paddy on 05.31.20 at 2:42 pm

2K a month, tax free for CERB?…business owners getting 10k gifted to them??…..lord thunderin! Yah Ide say we’re pooched taxes wise next year….and every other year after that….hopefully T2 will use some lube when he comes after us savers/investors…

#28 SimplyPut7 on 05.31.20 at 2:47 pm

I think America is showing us why UBI doesn’t work. You can’t have a large portion of a country getting handouts and losing their sense of purpose and self-worth.

The devil finds work for idle hands.

People with too much time on their hands can easily spark total destruction of their city and spread these toxic ideas to other places.

Getting as many businesses open as quickly as possible should be the goal for every government before they lose what little control they had on their citizens.

#29 Alberta Ed on 05.31.20 at 2:48 pm

The $300 for seniors hasn’t showed up yet. And I suspect that much of the promised $ for all and sundry won’t be delivered, either, given all the virtue-posturing requirements that Sock Boy wants industry to fulfill.

#30 MF on 05.31.20 at 2:48 pm

#1 TurnerNation on 05.31.20 at 1:11 pm

Another blog, another first post by TurnerNation.

Sigh.

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF

#31 Gone Fishing on 05.31.20 at 2:51 pm

See you in 10 years. Time to blow this pop stand called Canada. No money to be made here.

#32 joblo on 05.31.20 at 2:51 pm

“(following the election that Trudeau wins)”

Kanadians and Kanada’s political system, whatta joke!

#33 Linda on 05.31.20 at 2:58 pm

The UBI thing. Not a few comments have been in support, though many have the caveat ‘all other programs ended & replaced by’. So instead of EI, GIS, OAS, Child Care benefit etc. ‘everyone’ gets UBI. Some include CPP on the list of benefits replaced by UBI.

The idea is that everyone gets a slice of the pie, people can still work (& pay taxes in support of) to ‘better their circumstances’ & that the expectation is that replacing all of the previous programs with a single program will ‘save money’.

Except I’m not sure it will. Since CERB has been handing out $2K per month one must presume citizens will expect UBI to be $2K per month. If the government says (for instance), nope, $1K, guess what will happen? Those who want to become the government will promise to increase UBI. Because you know there will be many who will say UBI at $1K (or even $2K) isn’t ‘sufficient’ to live on.

Second, if the previous programs all disappear, it it likely that UBI may actually be less than what various people already receive. You know that those who receive less than previous are going to complain & demand the government ‘do something’ because it ‘isn’t fair’. Those who already receive less – for example, as per the GofC website, average CPP is just over $700 per month, so lots of current CPP recipients would see a boost even if UBI began at $1K per month – would rejoice. Except there are not a few seniors whose only income is CPP/OAS/GIS. Most do NOT receive ‘maximum’ CPP; most likely receive ‘the average’. So losing OAS/GIS to get UBI at $1K per month won’t improve things for them. Result – the government will be asked to ‘do something’ as it ‘isn’t fair’. Rinse & repeat for EI, child care benefit etc.

Also, what would be the conditions of receiving UBI? At birth? Age 18? Graduate from school? Citizens only? How & when one gets UBI will definitely have an effect on the actual cost. Will it come with COLA? Or will the initial amount stay ‘as is’, regardless of inflation?

Whatever happens, one thing I know. It won’t be ‘less expensive’.

#34 willinSC on 05.31.20 at 3:00 pm

#18
IMO your posts constitute HATE mail, we get your tiresome message, and acknowledge that you are an idiot, probably collecting E.I. all winter. Oh yeah that summer employment may disappear as well! Good luck

#35 HowDeepThePain on 05.31.20 at 3:03 pm

CERB-Lots of jobs becoming available right not, but business owners can’t get people to come back to work. If you weren’t full-time why go back for less?

Part of the problem is the financial sophistication of workers (well discussed here) they compare their take home pay with the pre-tax Covid benefit. CERB needs to start deducting 30% at source, a small measure to get start getting back to reality.

#36 Felix on 05.31.20 at 3:06 pm

“Government deficits will be obscene for a decade. Tax increases in the 2021 budget (following the election that Trudeau wins) could be stiff. Some form of UBI is likely. One viable airline, if we’re lucky. Real estate will pop back to satisfy pent-up demand, then plunge. GICs, bonds and cash will pay nothing. Tourism, hotels, eateries, sports, concerts, conventions, food courts, festivals – kaput for a year or two. Big flow into equities. The wealth gap will widen. It’s a recipe for social unrest and political activism.”

So true.

It will be dogawful.

#37 Marco on 05.31.20 at 3:13 pm

Ok so the CERB ends in September…but how about those that have had reduced hours at work but still employed? Do they get to collect the CERB? I mean there overtime has been cut and those relying on it to make ends meet are also in trouble…Can they apply and get it?

#38 Sail Away on 05.31.20 at 3:20 pm

#30 MF on 05.31.20 at 2:48 pm
#1 TurnerNation on 05.31.20 at 1:11 pm

Another blog, another first post by TurnerNation.

Sigh.

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF

—————-

Give it a rest, MF. Try the scroll it it bothers you. Many people enjoy TNs posts.

And honestly… we have to put up with yours.

#39 Canuck on 05.31.20 at 3:20 pm

The fearmongering is breathtaking. Fear fades and many things will return sooner than thought.

Was at a registries office in South Edmonton this week. Lady at the counter tells me that everyone in the area goes there for plates, licenses, etc. Not one employee there has heard a customer say they lost someone to COVID. Doesn’t mean it hasn’t happened but this isn’t the only retail place I have heard this.

Was at Costco yesterday. Employees handing out masks. At least half, including myself, passed. Cashiers rolling their eyes when asked if they wanted to wear a mask.

Edmonton has the highest concentration of RV dealers in western Canada. One I know personally reported May sales up 60% over May 2019.

People have to live, people have to work. People have had enough of politicians wrecking their lives.

#40 Spiltbongwater on 05.31.20 at 3:30 pm

My mother received a CERB cheque. She did not apply for it. She has not worked since 2002. Does investment income count towards entitlement? She has not had a T4 since 2002.

#41 NSNG on 05.31.20 at 3:32 pm

I’ve said this before but:

Get a job NOW if you need one. You will be way ahead of your competition. If you are thinking long term then a little sacrifice of Tbucks now will pay off for your career long term

What I will add is don’t just get interviewed. Interview your potential employer. Find out the financial health of the company and ask what their gameplan is for getting through this. You want to be joining leaders who plan and are able to survive, if not thrive in their market. You also want to know if they can sustain your position and what they plan to do about any returning employees

If they can document it, all the better. That will show you they have confidence. If they are a public company, then look up and read their quarterlies to find out how strong they are

Any promises? Get it in writing and run any employment contract before an employment lawyer before you sign

#42 Camille on 05.31.20 at 3:39 pm

Good analysis and summary. After being very positive on the reopening, and this going well, we are at a fork in the road – or something like that. Will virus disappear or not?
Maybe a super stock picker can ace it?

#43 MF on 05.31.20 at 3:40 pm

31 Gone Fishing on 05.31.20 at 2

See you later. Please don’t come back.

Oh yeah, if you fear taxes and debt, I’ve got some bad news for you…

MF

#44 Paul on 05.31.20 at 3:42 pm

#29 Alberta Ed on 05.31.20 at 2:48 pm
The $300 for seniors hasn’t showed up yet. And I suspect that much of the promised $ for all and sundry won’t be delivered, either, given all the virtue-posturing requirements that Sock Boy wants industry to fulfill.
———————————————————————————————
I know why he’s holding back on my $300.OO .
I willing be donating to the Conservative Party and getting pinch over $200.00 back on my taxes. Win win.

#45 MF on 05.31.20 at 3:43 pm

Sail Away on 05.31.20 at 3:20 pm

He’s getting worse and I’m right. Those posts are a blight on this blog. If people enjoy that content they should go read the national enquirer.

MF

#46 Dolce Vita on 05.31.20 at 3:53 pm

6 million on some form of pogey.

Say $2000 per month for 8 months (Mar to Oct)

= $96 Billion

Then there is the $$$ given to business.

Gov Canada must have had a lot of other programs to “rebrand” just to cover the “emergency” money for people let alone the business money. Paid back or not, it has to be borrowed in the interim.

What a financial mess of largesse to “buy compliance”.

#47 westcoast weekend on 05.31.20 at 3:59 pm

Beautiful dog! I love seeing dogs at work sites or in offices. I only have a cat and she says no both to me having a dog or going with me to work so I enjoy seeing other people’s dogs.

#48 cristian on 05.31.20 at 4:00 pm

Yukon Elvis on 05.31.20 at 1:23 pm
I think that your analysis is pretty spot on, especially about the permanent UBI and coming tax increases. The “rich” are gonna get hosed.

Hahaha . .the rich or not very rich have the means to become poor on paper

#49 Faron on 05.31.20 at 4:01 pm

#111 MF on 05.31.20 at 12:27 pm

95 PsychMajor on 05.31.20 at 9:54

Sorry for the double post Garth.

I am willing to own up to my role in upping the Troll:normal ratio. I stand behind my words but also regret souring the discourse here to the extent I have.

My heart is with all who are experiencing violence in the US right now — both demonstrators and police. This is tragic and very hard to watch as a native of one of the affected cities. The US is further wounded which will be to the peril of many worldwide.

#50 Brat on 05.31.20 at 4:01 pm

#1TurnerNation
My prediction:
Once CERB run out – people get to work , small business opens, those who took mortgage deferrals start paying . NO ISSUES – like nothing happened .
If fall polls will show majority for shut down for second wave of virus in hope to get free money again …..will government be smart enough to figure that it was ripped off ? …. we will see…

#51 NSNG on 05.31.20 at 4:05 pm

I wonder how many boomers will take this opportunity to voluntarily retire? Do they have a program for that yet? I better not give them any more ideas but it could be a way to clean out top-end excess workers and clear the decks for cheaper, younger workers

#52 Dougie on 05.31.20 at 4:09 pm

Cottagers stay the hell away…

Trolls like this pollute the blog. I suspect he got to his cottage early, and hopes his neighbours will be scared off so he can enjoy a quiet summer.

And Garth, I thought it was required RRIF withdrawals which are reduced for 2020, not the tax rate. Typo perhaps?

#53 Moose on 05.31.20 at 4:16 pm

Im new here. But why does that loser TurnerNation keep posting dark apocalyptic $hit? Put down the pipe

#54 Dolce Vita on 05.31.20 at 4:18 pm

I am not holding my breath on the vaccine.

Canada is not particularly an inoculation friendly bunch with about 35% of Canadians getting the flu vaccine (about 65% age 65 or older). Neither number enough for C-19 herd immunity.

And, it will take some time to inoculate Planet Earth’s human inhabitants.

Will not happen overnight. Means gone, gone may well be gone, gone in practice for years.

#55 MF on 05.31.20 at 4:20 pm

I agree with most of today’s blog. In the past, I was really worried that the virus would be a huge threat. Thankfully that threat has been defeated by our efforts (yes it has). We did good.

But,

I now believe garth is right about pent up demand.

Expect a roaring return and huge jump in economic activity when the green light is given. That will be in 6 months to 1 year’ish. People are ready to return to normal life. Big demand is present. The virus fear will be blunted when a viable treatment (vaccine or other) is found. If anyone is following the science, that should be soon (also 6 months- 1 year). Equities will pop further.

This blog complains about taxes and debt a lot. I worry about the debt, but the threat or impact of taxes I think is overblown. There were no other options. Cerb and all those other benefits ensured people were spending and not struggling. They maintained demand. Without them there would be bigger problems. They were a success.

The complaints about taxes and debt are generic and transferable to any other country. A few days ago we had a poster from another province try to continue the hate Toronto theme by comparing the peaceful protest here to the looting and chaos in the US. That comparison strategy was a complete failure, yes, but it also highlighted the inequality bubbling below the surface down south that isn’t present here. Why? Could it be our social safety net like Cerb? I don’t know. But taxes and debt? Somewhat blown out of proportion in comparison to real issues facing an economy.

MF

#56 John on 05.31.20 at 4:25 pm

Happy Sunday Garth! Thanks for sharing your view on how all this government money pumped into people’s wallets is going to likely end. How will all the Trillions of printed money pumped into the markets such as stocks and funds end impact that part of the economy? Is that also pooched?

#57 Millennial Realist on 05.31.20 at 4:30 pm

Garth, I agree with much of what you have said, especially this:

‘Big flow into equities. The wealth gap will widen. It’s a recipe for social unrest and political activism. Look at Saturday night in America.’

Except you are off by about a factor of 100 when considering the last sentence and what that portends.

(A cute Boomer oversight, some might say)

The social unrest is just beginning. This all coincides with a climate crisis that needs an emergency alarm right now. Plus a broader. systemic recognition of racism and classism and its impacts.

Here’s what else is coming:

1. Full recognition of the impact of Western white supremacy and the exploitation of other cultures. Nobody will be elected without acknowledging this, or those that do get elected in redneck burbs will be in a political minority.

2. Full efforts to pay reparations for slavery as well as mistreatment of indigenous peoples and failure to honor treaties for their lands. Tens of trillions.

3. Full efforts to mitigate and stop climate damage and human planetary harms, at whatever costs are required. Hundreds of trillions.

4. Much higher taxation and appropriation, by new laws, of all wealth not deemed necessary for a reasonable middle class existence, given the demands of #1, #2, #3. (Wealthy white Boomers, this means you.) Quadrillions.

Want to escape what is coming, Boomers?

Good luck! Sure, go live in Thailand for a while. Within a couple years, you’ll be running back like a screaming baby, or you’ll be dead.

This will be planetary, Boomers. It is barely starting. You are no longer in charge, and no longer will have control.

Be part of the change.

Or be run over by it.

#58 Millennial Realist on 05.31.20 at 4:40 pm

Like I said, the social unrest is just beginning. This all coincides with a climate crisis that needs an emergency alarm right now. Plus a broader. systemic recognition of racism and classism and its impacts.

My generation is now taking control. There is no going back.

This will be a decade unlike any others.

Boomers, be part of the change.

Or be run over by it.

Either way, your assets and bank accounts, the measures of your souls, are about to become meaningless.

#59 Reality is stark on 05.31.20 at 4:45 pm

And that’s not the really hopeless part of all of this.
Covid kills the obese. People took this time to stay at home and eat and drink more. You would think that all of this higher education would make Canadian’s more intelligent but coupled with SJW ideals the people have become more stupid. They used the time to become more obese?
Minority rights have become the new obsession. People are no longer accountable for any decisions they make. A populace with this outlook will vote for UBI since it requires no accountability whatsoever.
You would think that deliberately acting like a victim in family court would make one feel morally bankrupt. Yet it is encouraged whether you were a true victim or not.
As long as you can identify with any disadvantaged group you play that card for all it’s worth. We actually teach our children to cheat and encourage it and when it all implodes no one can figure out what happened.
When people willingly go out of their way to make themselves sick and then try to blame the “rich” for any societal problems the country and it’s leadership is rudderless.

#60 Lost but not leased on 05.31.20 at 4:45 pm

#103 TurnerNation on 05.31.20 at 10:49 am
#76 Lost…but not leased where?? In my region of Kanada we do not have rights to sit down inside an eatery. Or outside on benches or patios.
None are open. They are still being steamed into debt patties by our UN-backed Provincial government. Which magical prefecture are you living in? Did your Block Captain question the nature of your visit and record your name? Or did giving them a small ‘gift’ aid your passage? I need tips man.

======
Reply: sorry for delay

My experiences have been in Richmond BC.

(2) non chain Pubs…and “WINGS” I mentioned yesterday.

These opened after about 2 months as the “restrictions” were eased. We supported a lot of the “take outs” as well.

As I stated…in all cases..1/2 table are physically removed. Staff wear masks/ shields.

Unless fear porn dies down, I just can’t see these places lasting. Gov’t “PHASE 2 ” BS is simply a ploy to make us feel back to (new ?)normal…..but IMHO is a trap.

WARNING: careful re : providing personal info perhaps GOOGLE “contract tracing”…very scary Orwellian stuff

========

BTW: Turner Nation Where are you at…..just curious

#61 Handsome Ned on 05.31.20 at 4:45 pm

It seems that the same script writer is writing all the news and even sports broadcasts. Every second sentence is “due to the covid-19 virus pandemic” the following bad things are happening. Never forget, it is not the virus that is taking your job or restricting your movement. It is the actions of the fecking federal, provincial and civic governments. Of course when the lolly is given out, it is Trudeau who is given credit. If this virus happened during the tory regime, every media report would be “due to the Harper conservatives” you are no longer allowed to…fill in the blanks.

#62 RunningOnEmpty on 05.31.20 at 4:49 pm

“Plus withdrawals from RRIFs and pension plans will be taxed 25% less this year.”

Say what? Where did you get that from?

Minimum required withdrawals are reduced by a quarter, so 25% less tax payable. – Garth

#63 J Morris on 05.31.20 at 4:51 pm

would be nice if Mr.T2 offered money to pCPA to negotiate a deal with Vertex so patients could access drug treatments for cystic fibrosis. 85% of people w/CF will die from respiratory failure but CF will ultimately kill them all as compared to 1-2% COVID

#64 DON on 05.31.20 at 4:53 pm

https://www.cbc.ca/news/canada/british-columbia/covid-19-millennials-parents-homes-1.5590956

Was only a matter of time given being priced out and lack of employment. More university online was home?

#65 Head To Your Cottage on 05.31.20 at 4:53 pm

I think it will all be ok! People already lining up to buy crap they don’t need, outdoor outlet mall booming back to life. Resturant in my area say they are doing well, with 70% of their business in take-out. Houses in my area seem to be selling as told by their new sold signs. Travel industry staring to book upcoming travel (inside source). The sky is not falling, this will be a V shaped recovery. Relax, have a beer and see you in cottage country!

#66 Freeloather on 05.31.20 at 4:59 pm

“On out-of-town projects tradesmen often bring their dogs to the sites, and they are accustomed to HANDOUTS from the lunch buckets we pack.”

Ironically, the dog is pictured just above the King of Handouts and Free Lunches. Sadly, for myself.. I have yet to receive a single penny from Boy Blunder. Hope is fading fast as the barrel empties fast.

#67 Ace Goodheart on 05.31.20 at 5:01 pm

So for anyone who has studied religion (and the origins of the weird social taboos that various world religions have as their founding tenets), COVID-19 is like a field trip back in time. If a scholar of religion had a time machine, they would transport themselves back to a COVID-19 type situation, to try to figure out why various religions have such unusual social taboos.

Enter the COVID-19 religions: Since March 24th, 2020 it has been illegal to in-person date in Ontario. That is right, you cannot come within 2 meters of your chosen mate, without the risk of jail or a heavy fine. This restriction has not been relaxed. Eventually, the government will allow serious relationships to start up again, perhaps with some sort of permission granted for people who want to become long term committed sexual partners.

Like marriage? The fundamental grounding point of most world religions?

Going out is done for. Herding hundreds of people into a room together, to eat dinner or drink alcohol, or otherwise socialize, is over. In our new COVID-19 religious world, you can only eat dinner with people you live with or who are in your 5 person bubble.

Religious restrictions on who you can socialize with are also a fundamental part of most world religions. About 90% of them operate on a “caste” system, including the religions that dominate most of South East Asia and the Indian subcontinent. Even China, which is communist and technically free of religions, has a rigid social caste system in place. So do those bastions of freedom and human rights, South Korea and Japan.

What is the new COVID-19 method of greeting people? Hope you and your family are well? Stay safe? Be safe?

Wow. Again, almost all of the major world religions have standard religious greetings, most of which are based on wishing the other person is safe or well, or healthy, and attributing their continued health or wellness to the machinations of a supreme being (or beings).

In the new COVID-19 religion, covering your face, if you leave your house, is mandatory. COVID-19 is developing its own dress code, with face covering being one of the biggies.

Many world religions have restrictive dress codes (particularly for women). I still remember girls at my high school being sent home because they wore clothing that was considered “immoral”. What is the big deal with not covering up various parts of your body? Religion concerns itself with this, for reasons that make sense to no one.

Do any of the COVID-19 religious restrictions make sense, or are supported by science?

Not really. Wearing face masks does nothing to help you with a virus. A virus can drive a virus truck, full of viruses, right through the holes in the mask. If anything, the face mask makes transmission easier, because people are constantly touching their faces.

In the COVID-19 religion, people should stay indoors. Going outside puts you at risk. Especially if you are standing within 2 meters of someone else.

Does that make sense? No, science tells us. It is virtually impossible to catch COVID-19 outdoors, even if you stand close to people. The most common way to catch it, is by breathing infected air indoors (like in a condo with a shared ventilation system) or by touching an infected surface and then touching your face.

Does managing people’s interpersonal relationships make sense? Most people do not associate in wide social bubbles anyway. If you ask a person whom they associate with on a monthly basis, you can usually count the people in their answer on your fingers and not run out of fingers. Again, the science is not there.

If we wanted to stop a virus, we would stop people from touching infected things. That is the one thing we have not done. Go shopping (social distancing, of course) and you touch tons of plastic items. You then bring them home.

But you can’t sit in a park closer than two meters to someone else.

What am I saying?

It appears that we have created a new religion, based on weird social taboos that have very little to do with actually stopping COVID-19, and more to do with stereotypes, prejudice and preconceived notions of human interpersonal relationships.

We have created a new religion! We can call ourselves the Branch Covidians.

Oh, and about that separation of Church and state thing…..

#68 Steven Nicolle on 05.31.20 at 5:02 pm

Restaurants will probably not open in Toronto and GTA before CERB runs out here. Then what? Not my wife’s fault.

#69 HangTen on 05.31.20 at 5:08 pm

“Plus withdrawals from RRIFs and pension plans will be taxed 25% less this year.”

Say what? Where did you get that from?

Minimum required withdrawals are reduced by a quarter, so 25% less tax payable. – Garth

————————-
Seriously? You think there is some meaningful benefit to this? Rather than making it sound like people are getting a break on their taxes, why not just say that the required minimum withdrawal has been lowered? Goes without saying that withdrawing less requires less tax to be paid.

Of course it’s beneficial since withdrawals are forced, not voluntary. Most people with wealth do not want them. Reducing the minimum means less tax. That’s a benefit. – Garth

#70 Robert the Forgetful on 05.31.20 at 5:12 pm

Garth, I’m a retired nurse and are you correct in saying that if you volunteer you can get up. to $5,000? Who pays this?

Part of the student benefit package. – Garth

#71 not 1st on 05.31.20 at 5:12 pm

Compared to what Justin is going to do to Canadian businesses to pay for all this insanity, I think its a better bet just to call up anitfa out of the US and ask them to torch it now and collect the insurance.

#72 Lost...but not leased on 05.31.20 at 5:14 pm

#82 Sky on 05.31.20 at 6:43 am
Pozius Pilatus # 49

“I think it’s time to start betting against America.
The old sage is already selling off and the coward is hiding in the White House pretending to be Churchill.
What I see happening in the streets of the US will take years to forget and repair.
Violence begets Violence.”

*******************

Your “Churchhill” in the White House hasn’t done much to qualify. No drinking or cigar smoking. No speechifying. A few lame tweets. That’s about it.

We are being sent a message. And the message has nothing to do with the murder of George Floyd. He was merely the catalyst.

It’s the same message Nancy Pelosi sent us when she tore up Trump’s State of the Union speech in February. Ripping up that speech and what it stood for was a symbolic act. For what soon followed? – Lockdown and economic annihilation. And now the looting and burning of the cities.

This chaos is sweet victory for the communists, anarchists, Antifa, and the more radical elements within Black Lives Matter. Bernie Bros probably mixed in there as well. Don’t forget who these people are. They want revolution. Burning, violence and destruction of civil society always precedes revolution. These are Pelosi’s people.

etc etc.
===================

Sky…Good post !

I have often stated “ALL WARS ARE BANKERS WARS”…aka when in doubt of causation this is your terms of reference.

I knew “something” was going to happen…some event, based on the global economy ponzi scheme was going to implode an warnings submitted by others.

The COVID 19 was simply a clever masking agent , as even the most naive and gullible wouldn’t accept another financial meltdown without heads on platters. This is like the olde Communist scare of the 1950’s, except its an invisible enemy if it exists at all.

It is almost formulaic/inevitable that we see other events from the olde anarchy “false flag” playbook….major American cities under siege….police and military being deployed..curfews being made.

COVID 19 scare may be wearing off…so they go next on list of fear porn playbook.

Just saw a video from Minneapolis..now they are blaming “White supremacists”…they arrested some and drummmrolll….are now “Contact Tracing”…aka your cell phone info.

Mysterious death of that young black lady in Toronto….and riots ….what are the odds ???

I will predict that major Canadian cities will experience similar anarchy. The boarded -up businesses are ripe and primed for this.

PS: Keep your heads low folks….they are just getting warmed up.

#73 BrianT on 05.31.20 at 5:18 pm

#54Dolce-some experts think the reason so many old Italians died of this virus was because of the type of flu vaccine they received. I think very slowly the sheep are starting to realize that this subject is not well understood by anybody, least of all the vaccine promoters.

#74 Millennial Realist on 05.31.20 at 5:31 pm

Some of the most powerful, truthful words about this time were just shared on CNN.

David Gergen and Carl Bernstein, who both lived through and were instrumental in democracy and reporting in the 1960s and afterwards voiced their concerns:

How does this compare to 1968?

“This is worse!”

Trump?

“His dereliction of duty has now ignited what had been a ‘cold civil war’ for the last 15-20 years”

Watergate?

“This is worse”

As we head into June and towards July 1 and July 4, those sounds you hear will not be firecrackers.

Everyone, Boomers, Millennials and all of us:

Be on the right side of history.

Change is coming, at 1000 miles an hour.

Be part of it.

Or be run over by it.

#75 Peter Courtney on 05.31.20 at 5:33 pm

Well, you spoiled my dinner! Now a question, where the hell does a person with no debt and a nice nest egg move to stop from being taxed into the poor house with everyone else?

#76 Ejy on 05.31.20 at 5:44 pm

Once the intensity of fear wears off (terrorized people making grandiose claims about risk and asserting their right to safety above all else), we will be able to assess this situation accurately. I think you are right–that will take about 10 years to happen.

#77 Jimers on 05.31.20 at 5:44 pm

DELETED

#78 kingston boy on 05.31.20 at 5:47 pm

@#30 MF on 05.31.20 at 2:48 pm
#1 TurnerNation on 05.31.20 at 1:11 pm

Another blog, another first post by TurnerNation.

Sigh.

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF
——————————————-

I actually enjoy TN’s posts. good for a laugh.
I’m guessing it’s satire and he/she is just trolling.
otherwise, ya mental issues.

#79 MF on 05.31.20 at 5:49 pm

49 Faron on 05.31.20 at 4:01 pm

Nothing was soured. You provide good dialogue that is becoming more and more rare here. That’s regardless of your views.

This comments section has a tendency to become an echo chamber, like all online forums. Radical views of all angles flourish in these places. Garth does a great job of weeding out most crap, but some still gets through and needs to be called out.

Please continue to post.

MF

#80 kingston boy on 05.31.20 at 5:52 pm

@#74 Millennial Realist on 05.31.20 at 5:31 pm

Be on the right side of history.

Change is coming, at 1000 miles an hour.

Be part of it.

Or be run over by it.
——————————————–

you know MR, I kinda hope you’re right.
But I have my doubts. I’m guessing back to status quo in a 2-3 months. have you seen the lineups for the retail thats re-opened. folks are creatures of habit.

#81 Freedom First on 05.31.20 at 5:52 pm

Strangest times I have ever seen in my life. I agree that we will not know of all the dire consequences from the actions being taken on a world wise basis by all governments and its citizens. World wide chaos and pain for sure. Not nice. And as we can see by today”s pic, Dog is watching!

Freedom First

#82 Orange Man....Orange on 05.31.20 at 5:56 pm

#12 conan on 05.31.20 at 1:44 pm
Big flow into equities-Garth

I think we will see a flight to safety. Money on the side lines waiting to buy the canyon dips. The world will start healing once Donald is gone. He burns bridges, anything to get re-elected, but it is not going to happen for him.
++++++++++++++++++++++++++++++++

Oh. Puh…Leeze

Name the only US politician who, as a private citizen, spent his own money to sue a City council to outlaw racism. Yep Trump.

He has a long history of building bridges between communities and being feted by Democrats, Republicans and black and colored communites alike. Trump could always be counted on for a donation, so activists and politicians of all stripes loved him (and sucked up to him).

It’s funny how the MSM media only suddenly decided he was racist when he rode down the escalator and announced a run for President. Hillary was a deeply flawed candidate andeveryone knew it, but she had to be protected at all costs. And so began the demonization of Trump.

Trump will win in a landslide. The only ones who don’t see it are blinded by the flames dancing around the CNN building.

#83 WUL on 05.31.20 at 5:57 pm

#57 Millennial Realist on 05.31.20 at 4:30 pm

pat on the back … pat on the back … pat

MR,

Just another note of support from a 64 year-old Boomer in Ft. Mac with two mid 20’s kids. You nail it time after time.

I know I’m in the wrong blog. But I’m about to leave. I’m mindful of the fact that I’ll be judged by the company I keep.

My cohort had it so dog damned easy and then we fckd it for the young folk.

Fight on young person!

I’ll not be run over. I’ll get with the change.

See you at the barricades.

WUL

M64Ft.Mac.PullingForTheYouth

#84 kingston boy on 05.31.20 at 5:59 pm

@#72 Lost…but not leased on 05.31.20 at 5:14 pm
#82 Sky on 05.31.20 at 6:43 am
Pozius Pilatus # 49

“I think it’s time to start betting against America.
The old sage is already selling off and the coward is hiding in the White House pretending to be Churchill.
What I see happening in the streets of the US will take years to forget and repair.
Violence begets Violence.”

*******************

Your “Churchhill” in the White House hasn’t done much to qualify. No drinking or cigar smoking. No speechifying. A few lame tweets. That’s about it.

We are being sent a message. And the message has nothing to do with the murder of George Floyd. He was merely the catalyst.

It’s the same message Nancy Pelosi sent us when she tore up Trump’s State of the Union speech in February. Ripping up that speech and what it stood for was a symbolic act. For what soon followed? – Lockdown and economic annihilation. And now the looting and burning of the cities.

This chaos is sweet victory for the communists, anarchists, Antifa, and the more radical elements within Black Lives Matter. Bernie Bros probably mixed in there as well. Don’t forget who these people are. They want revolution. Burning, violence and destruction of civil society always precedes revolution. These are Pelosi’s people.

etc etc.
===================

Sky…Good post !

I have often stated “ALL WARS ARE BANKERS WARS”…aka when in doubt of causation this is your terms of reference.

I knew “something” was going to happen…some event, based on the global economy ponzi scheme was going to implode an warnings submitted by others.

The COVID 19 was simply a clever masking agent , as even the most naive and gullible wouldn’t accept another financial meltdown without heads on platters. This is like the olde Communist scare of the 1950’s, except its an invisible enemy if it exists at all.

It is almost formulaic/inevitable that we see other events from the olde anarchy “false flag” playbook….major American cities under siege….police and military being deployed..curfews being made.

COVID 19 scare may be wearing off…so they go next on list of fear porn playbook.

Just saw a video from Minneapolis..now they are blaming “White supremacists”…they arrested some and drummmrolll….are now “Contact Tracing”…aka your cell phone info.

Mysterious death of that young black lady in Toronto….and riots ….what are the odds ???

I will predict that major Canadian cities will experience similar anarchy. The boarded -up businesses are ripe and primed for this.

PS: Keep your heads low folks….they are just getting warmed up.

————————————————————–

some really neat dialogue going on between you guys.
You may have the makings for a really cool HBO mini-series!

#85 Yukon Elvis on 05.31.20 at 6:09 pm

#69 HangTen on 05.31.20 at 5:08 pm
“Plus withdrawals from RRIFs and pension plans will be taxed 25% less this year.”

Say what? Where did you get that from?

Minimum required withdrawals are reduced by a quarter, so 25% less tax payable. – Garth

————————-
Seriously? You think there is some meaningful benefit to this? Rather than making it sound like people are getting a break on their taxes, why not just say that the required minimum withdrawal has been lowered? Goes without saying that withdrawing less requires less tax to be paid.

Of course it’s beneficial since withdrawals are forced, not voluntary. Most people with wealth do not want them. Reducing the minimum means less tax. That’s a benefit. – Garth
……………………………………….

We will just pay the tax next year when taxation rates are higher. Some benefit.

#86 crowdedelevatorfartz on 05.31.20 at 6:10 pm

@#74 Millenial Dreamer
“Change is coming, at 1000 miles an hour.”
++++

Actually it was more like 16,000 mph and it was a private rocket with two astronauts in it…..

Private business proving that what the govt can do….
Captalism can do it better, cheaper and faster.

#87 crowdedelevatorfartz on 05.31.20 at 6:11 pm

@#MF
“You provide good dialogue that is becoming more and more rare here. ”
+++
Ok ok.
I’ll post more often.

#88 Sail Away on 05.31.20 at 6:13 pm

#72 Lost…but not leased on 05.31.20 at 5:14 pm

Just saw a video from Minneapolis..now they are blaming “White supremacists”…they arrested some and drummmrolll….are now “Contact Tracing”…aka your cell phone info.

—————-

White supremacists, they say? I’ve been watching the clips of rioters stomping and smashing and trashing, and let’s just say very few of them fit my idea of a white supremacist.

Unless, of course, the white supremacist groups have become far more multiracial than in the past.

I think I saw a few of my cousins in the LA riots and can definitively attest that their white supremacist applications were rejected on basis of their beautiful brown skin. How shallow is that?

#89 Lost...but not leased on 05.31.20 at 6:24 pm

What planet are these people from?

I’m watching the MSM…on comes a clip from Seattle Mayor ?

Riots happened less than 24 hours ago….”she”.. has saved millions of dollars in legal costs ???? by proclaiming the riots are rooted in institutionalized racism and the perps were young white males.
Case closed ?!?

Side Note:
Duly note the vast majority of protestors do NOT practice “social distancing”(….gee were are the bylaw officers)…and…conveniently many protestors are masked up.

Can we connect the dots…..ie the COVID 19 is a psy-opp whose roots were to create perps who can never be identified, at least visually…thus create more bravado ?

#90 Winterpeg on 05.31.20 at 6:27 pm

Any predictions on when the Capital gains rate will increase to 75%?

#91 Ed McNeil on 05.31.20 at 6:32 pm

I think we need to put a positive spin on all this doom and gloom. Perhaps we are moving into a Dawning of the Age of Aquarius.

#92 Loving_Mises_to_Pieces on 05.31.20 at 6:34 pm

Sure wish this was encountered in high school (in something like a civics class): https://en.wikipedia.org/wiki/Two_Treatises_of_Government .

Locke’s _Two Treatises_ argue from first principles for property rights (habeas corpus, etc.) and are a foundation for a civil society. They had some influence on figures like Thomas Jefferson. The ideas were put into later context in Murray Rothbard’s 1982 book _The Ethics of Liberty_.

I also wish people had more acquaintance with this paradigm from sociology (contrasted with the “conflict theory” paradigm which is infesting societies): https://en.wikipedia.org/wiki/Structural_functionalism .

Or Karl Popper’s _The Open Society and Its Enemies_.

I think the abusive force by that officer (and the officers who stood by compliantly in) killing George Floyd was awful. There are groups that want to wreak havoc on society in the States, using this death as a pretext. Destroying mom-and-pop shops shoots everyone in the foot though, IMO.

Ultimately, one core problem is there are not enough options. Hamfisted federal solutions in the US and Canada affect the populations in both countries (much like some Europeans gripe about the EU). I’d assert that there needs to be many more options to act as a release valve and demonstrate what works in practice.

With enough momentum, effort, [and donations], I hope there will be the ability to form more localized states or refuges (“Galt’s Gulch”s or other) for responsible adults (who have had enough of nanny-states or paternal ones or want to lean-in to those). I think various pet utopias (different economic or political systems should be tried experimentally and be new “shining cities on a hill” to be seen by people in North America, the global South, China, Russia, India, Africa, Europe etc.).

Spare some thought for how maritime trade helped Venice to grow out of a swamp at the collapse of the Roman Empire, or trade connections allowed the city of Florence to flourish in the Middle Ages.

What I’m advocating (yet again) is the focus of this project: https://www.seasteading.org/ (Donations are tax-deductible for US citizens, BTW).

Someday in the next decade hopefully a free-market-oriented special-economic-zone will be extant in the coastal waters off Panama or French Polynesia or similar. Let the destructive elements of society also try their pet-utopias too and watch them shoot themselves in the foot in isolation from societies that are well rid of them.

#93 Nonplused on 05.31.20 at 6:36 pm

“Look at Saturday night in America.”

Canadian cities are not immune:

https://en.wikipedia.org/wiki/2011_Vancouver_Stanley_Cup_riot

But at least when we riot it is over something important. (That was sarcasm for those who didn’t notice.) Anyway get out of the city core if you have the means to do so.

Trump has pulled up an old quote, “when the looting starts the shooting starts”, and he’s threatened to send in the army. Of course this has the liberal lefties up in arms. “How could he threaten violence against American citizens???” But how many more nights of violence, bedlam, and wanton destruction can be allowed? It is probably less than 5% of the protesters that are responsible for all the damage, but it has to stop. There is always that component of society that is just waiting for an opportunity to get away with mayhem. “The Joker” type, if you will. They don’t have morals, only a fear of consequences. Remove that fear and this is what you get. In some sort of weird way, these people think it’s fun to burn police cars and smash windows. The free TV is just icing on the cake.

Twitter has decided to leave Trump’s tweet up, the logic being that although it seems to threaten or incite violence, they believe that if there is a threat that violence could be used against the rioters people should be aware. Wait, it is a new concept that violence might be used to stop a riot? And when the army does arrive, 95% of the people will be cheering them on. The peaceful protesters have all already got the heck out of dodge. That’s what “normal” people do when things start burning.

So will Trump’s threat work? Will the rioters go home rather than face the army? I guess we’ll see in a few hours when the sun sets.

There is, in my opinion, every reason for peaceful protests over George Floyd’s death and police brutality in general. It was a wholly unnecessary tragedy. Justice must be served. But burning down the city that you live in? Ya, no. That is like cutting off your nose to spite your face.

And of course a good honest politician never lets an opportunity go to produce fake news:

https://www.foxnews.com/politics/minneapolis-jacob-frey-white-supremacists-out-of-state-instigators-george-floyd-protests

Let met get this straight. “White supremacists” are behind the protest over a black man’s death???? WTH? Do they expect us to believe ANYTHING AT ALL no matter how absurd? On the other hand we did kind of buy this covid thing hook, line and sinker. Not that I think covid is fake, but did we really need to shut the economy down before we knew what we were dealing with? Some studies are saying now that we way over-reacted. I don’t know what to believe, but as Garth has detailed today the total reaction has been extreme. If we do this every time there is a new virus the economy will not survive. It might not survive this one time.

Sometimes people die. Like, 100% of the time except for that one rabbi. Well he died too but it wasn’t permanent. But that is the only known case. At first I supported some of the measures including staying home, wearing a mask, social distancing, etc. But I think forcing businesses to close and sending out free money was a step to far. The government doesn’t have any money to send out, so they just really sent us our own future money. If they keep this up, eventually there won’t be anymore future money left. Then things get really interesting. It’ll make the riots look like a warm up.

#94 willworkforpickles on 05.31.20 at 6:59 pm

The last ten years have been built on debt. The next ten will be built on lies. Mortal man aint fixin jack-jack. Mortal Man fixing the world is past.

#95 Bytor the Snow Dog on 05.31.20 at 7:04 pm

#30 MF on 05.31.20 at 2:48 pm SEZ:

“#1 TurnerNation on 05.31.20 at 1:11 pm

Another blog, another first post by TurnerNation.

Sigh.

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF”
————————————————
It has been pretty hard on ya, hasn’t it?

#96 Millennial Realist on 05.31.20 at 7:16 pm

WUL, thank you for your empathy and reality-based assessment of this situation. Best to you and your kids who I am sure appreciate you and miss their mom.

I trust the voices of Boomers who tell me how much worse this is looking than the 1960s and 1970s social and political turmoil.

It may ebb and flow, but the curve of social strain will only go up. It is shocking. But it’s also shocking that it has taken this long to grow this far.

Hard to believe just months ago people were focussed on climate change debates and First Nations rights.

Those are coming back, and will magnify everything.
If this were one of Garth’s market graphs, we’d be just about at that ‘hockey stick’ moment.

We have to accept that so much of what we, white people in urban Canada, have gotten, has been gotten for free or on the cheap, usually at the expense of other people and the planet.

This includes me too, as well as Gen X/Boomers and those earlier.

2020. What a wake-up call this year, this decade, will be.

#97 grasshopper on 05.31.20 at 7:19 pm

I am very concerned that the present government, especially a MINORITY government is operating as if it were a morning show.

Go to parliament and discuss and debate your actions.

#98 John in Mtl on 05.31.20 at 7:21 pm

@#30 MF on 05.31.20 at 2:48 pm

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF

You can say that again!

#99 Sail Away on 05.31.20 at 7:29 pm

Ha- I knew Tater was behind this! Leave those chargers alone Tater. It’s not going back to 670.

https://www.google.com/amp/s/www.teslarati.com/tesla-haters-destroy-superchargers-riots/amp/

#100 Lost...but not leased on 05.31.20 at 7:31 pm

#93 Nonplused on 05.31.20 at 6:36 pm
“Look at Saturday night in America.”

==

Yeah..I would look into this alleged riot instigating event a bit more….doesn’t pass the smell..taste..visual…etc. test for the jury.

If it did, in fact, happen, how and why has it been magnified across the globe by MSM ?

Surely, via past experience, the “reaction”..organic or otherwise… has been very VERY predictable.

Or, have I just answered my own question ?

#101 Adm Steve-O on 05.31.20 at 7:33 pm

Time to connect CERB with a tree-planting program. a billion or so trees. Then connect greening initiative with oil pipelines. Plant trees, manage forest fire season. Set up for oil to take off.

#102 cuke and tomato picker on 05.31.20 at 7:37 pm

A UBI,A four day week with 5 days pay. My wife and I
will each get $300.00 and those who vegetated will
get $500.00.Wow what a country.Working from 5am till
10pm is rewarded by paying more taxes.

#103 Sail Away on 05.31.20 at 7:38 pm

#83 WUL on 05.31.20 at 5:57 pm
#57 Millennial Realist on 05.31.20 at 4:30 pm

pat on the back … pat on the back … pat

MR,

Just another note of support from a 64 year-old Boomer in Ft. Mac with two mid 20’s kids. You nail it time after time.

My cohort had it so dog damned easy and then we fckd it for the young folk.

—————

Man, I hope my life isn’t so easy that I end up in Fort Mac at 64.

#104 Sail Away on 05.31.20 at 7:43 pm

#79 MF on 05.31.20 at 5:49 pm
49 Faron on 05.31.20 at 4:01 pm

Nothing was soured. You provide good dialogue that is becoming more and more rare here. That’s regardless of your views.

—————–

Well, except for calling me vile, a racist, and a white supremacist. But no biggie, there’s a first time for everything. Water off a wet back, you know?

#105 tkid on 05.31.20 at 7:55 pm

#57, your revolution is being used as cover for a coup d’etat. You’ve got agents provocateur running through protesting mobs, smashing windows. Sudden appearances of pallets of bricks appearing in downtown cores in the US.

Someone’s using the pandemic and the protests to further their own agenda.

#106 Faron on 05.31.20 at 7:59 pm

#79 MF on 05.31.20 at 5:49 pm

Thanks MF, I likewise appreciate your posts. Always impressed at your unflappability. I’m not going for a double MJ and retiring again. I’m pledging to keep from amplifying the more inflammatory stuff i see and not posting my own. But, if I see tripe pulled straight out of the Daily Stormer playbook, then I’ll call it out no matter what nationality the hands it was typed by are.

#107 not 1st on 05.31.20 at 8:13 pm

Nothing says standing up for your civic rights like beating some innocent bystander down, torching a police station and then grabbing a Gucci bag for good measure.

Cant wait until Trump unleashes on these thugs.

This is all on that weasel Faucci for locking down an entire country. I mean what did you think would happen when you opened the doors back up and let people come out after 2 month lockdown? Smiles and hugs?

What a bunch of brain dead leaders and unelected officials we have at the helm.

#108 Cal on 05.31.20 at 8:15 pm

Re photo from Don, in Vancouver.
Nice dog, and good choice in tools.
I am a makita man myself

#109 not 1st on 05.31.20 at 8:23 pm

Oh Yeah forgot to mention, the radical left just gave Trump the election in a landslide. You think anyone is going to vote for Biden after seeing a riot unfold? Not a chance.

He and Trudeau might as well be bunk buddies and plan for another 60 days under the bed.

What an absolute joke.

#110 Lost...but not leased on 05.31.20 at 8:24 pm

#105 tkid on 05.31.20 at 7:55 pm
#57, your revolution is being used as cover for a coup d’etat. You’ve got agents provocateur running through protesting mobs, smashing windows. Sudden appearances of pallets of bricks appearing in downtown cores in the US.

Someone’s using the pandemic and the protests to further their own agenda.
====================

Yeah Millenial Realist Punk:

Your demographic group just doesn’t get it.

Many Boomers had parents that lived through Depression and WW2.

We have been educated on and/or seen extremes…we have tools for resiliency and survival.

The education system back then actually taught you something and what you got at the end of the day you had to actually earn.

If you want the “workers paradise” aka future HELL that appears we are headed for… continue on…as it stands we are currently the firewall keeping your commie -wannabee ass out of the gulags.

Your type is the first ones taken out when the revolution is over. You are first used as useful idiots, but once chewed up and spit out….the NEW “powers- that- be” consider your type a threat because you wake up quickly once to dust settles.

Wake up and grow up….. or ST*U

#111 PBrasseur on 05.31.20 at 8:26 pm

Spanish flu 50 million death worldwide

Covid less than 400K

A true pandemic?

#112 Deplorable Dude on 05.31.20 at 8:27 pm

#74 Millennial Realist…”
Some of the most powerful, truthful words about this time were just shared on CNN.”

————

Ahhh yes the TeeeVeee network that has repeatedly spread the ‘fine people’ hoax by deliberately not including the entirety of Trump’s comments on that event. CNN has blood on it’s hands by repeatedly broadcasting blatant inflammatory falsehoods.

Thankfully their viewership is significantly down now that airports are empty…lol.

#113 crowdedelevatorfartz on 05.31.20 at 8:39 pm

@#107 not 1st
“Nothing says standing up for your civic rights like beating some innocent bystander down, torching a police station and then grabbing a Gucci bag for good measure.’
+++

Interestingly enough.
i noticed on tv last night in one urban center where the riots were occuring.
One area was left alone….
Why/
The shop owners had banded together and armed themselves to the teeth with semi autos.
Standing in front of their untouched shops.
“Social Justice” protesters meet the cold hard reality of real live angry, desperate shop keepers…..
The kind that Trudeau just banned even though the idiot in Nova Scotia used illegal guns…..

#114 Two for two on 05.31.20 at 8:43 pm

Beautiful Springer in today’s photo…right next to the quality Makita tools (full disclosure….my favourite former employer). Also wondering if it will be safe for us to vote, with it not being safe enough for Parliament to be in session.

#115 Millennial Realist on 05.31.20 at 8:43 pm

Honest, hardly surprising, but very sad.

A full admission from a former NFL executive that Colin Kaepernick lost his job and was not rehired because as a black man in a league whose paying supporters are mostly white males, he tried to stand up for equal rights for all.

How dare he.

https://www.cnn.com/2020/05/29/opinions/now-is-the-moment-to-sign-colin-kaepernick-lockhart/index.html

I won’t be surprised if this has a big influence on NFL advertisers. It’s so easy to organize a social media boycott and that league surely deserves one in times like this.

Lots of younger potential fans will turn away if they don’t fix this right away.

Times are changing……

#116 Ronaldo on 05.31.20 at 8:45 pm

Or a Biblical overreaction lasting years which savaged a perfectly good economy?
=====================================
Absolutely. No doubt in my mind. Thought so from the very beginning and many others as well. Let’s hope something good comes out of it cause there is going to be a lot of bad over the next several months.

#117 Ronaldo on 05.31.20 at 8:49 pm

It started in March and ends in October and between those dates people can collect a total of $8,000, no tax deducted.
——————————————————————-
Wasn’t CERB due to end July 15th. not October?

Any 16-weeks between those dates. – Garth

#118 Sail Away on 05.31.20 at 8:52 pm

To be fair to Faron, in his world there may be no such thing as a Hispanic business owner who can compete, and even sometimes beat (!) whites on a professional level playing field. I know… we’re supposed to be the downtrodden border migrants, desperately pleading for his help to… just… survive. And take care of landscaping. But at a fair rate! He will write sternly worded letters and protest in ways that don’t actually involve inconvenience but that can be related over Perrier with lime.

Yes, Faron, there is no possible way you could ever have assumed you were not addressing a white fat cat, succeeding through hundreds of years of systemic and brutal subjugation of people of colour.

Is that unconscious racism? Oh my.

#119 SmallTownSteve on 05.31.20 at 8:55 pm

#97…Trudeau got the NDP to sign on for suspending parliament until September….
Whodda thunk..T2 the dictator.

#120 Ronaldo on 05.31.20 at 9:08 pm

#4 Yukon Elvis on 05.31.20 at 1:23 pm
I think that your analysis is pretty spot on, especially about the permanent UBI and coming tax increases. The “rich” are gonna get hosed.
——————————————————————
There aren’t enough rich people to make a whole lot of difference and the super rich will find a way around it.

What is considered rich?

https://www.thekickassentrepreneur.com/top-one-percent-of-wealth-for-canadians/

#121 Lorne on 05.31.20 at 9:09 pm

#39 Canuck on 05.31.20 at 3:20 pm

Was at Costco yesterday. Employees handing out masks. At least half, including myself, passed. Cashiers rolling their eyes when asked if they wanted to wear a mask.
……
Typical freeloader. I, as a mask wearer, am doing my part to protect you from getting the virus….but, no, you do not have any concern about protecting me from you.
Thanks. I am guessing you practice the same freeloading in other parts of your life.

#122 Lost...but not leased on 05.31.20 at 9:12 pm

OK..the ducks are lined- up in downtown Vancouver.

Watching LIVE news
…thousands are near what appears to be the Art Gallery….major open plaza ..many wearing masks and NOT social distancing…

Reporter says this looks like THE biggest mob gathered in Western Canada.

PREDICTION:
This will NOT end well…

Hope for best…prepare for worst.

#123 jess on 05.31.20 at 9:13 pm

‘We’ll know in a decade” aint that the truth!

criminogenic
https://www.bankingdive.com/news/santander-settlement-auto-lending-lawsuit/578296/
—————
U.S. Judge Orders 15 Banks to Face Big Investors’ Currency Rigging Lawsuit
May 27, 2019 – “Traders allegedly used chat rooms
By Jonathan Stempel NEW YORK (Reuters)
The case is Allianz Global Investors GMBH et al v Bank of America Corp et al, U.S. District Court, Southern District of New York, No. 18-10364.
“financial crisis-era misconduct”.
https://www.theguardian.com/business/2018/nov/08/ubs-will-vigorously-defend-doj-lawsuit-over-financial-crash

Traders at 5 global banks colluded in chat rooms named The Cartel’, ‘The Bandits’ Club’, and ‘The Mafia’
http://www.businessinsider.com.au › traders-at-5-global-bank…
Splitting Pennies – Understanding Forex by Joseph Gelet,
https://dockets.justia.com/docket/new-york/nysdce/1:2018cv10364/504318
US Court Approves FX-Rigging Lawsuit Against 15 Big Banks
http://www.financemagnates.com › exchanges › us-court-app…
3 days ago – Nearly 1,300 plaintiffs, including many mutual funds and exchange-traded funds and investors like BlackRock and Allianz SE’s Pacific Investment
https://www.nytimes.com/reuters/2020/05/28/business/28reuters-banks-currency-lawsuit.html?searchResultPosition=8

#124 hookshott on 05.31.20 at 9:15 pm

#109 not 1st on 05.31.20 at 8:23 pm
Oh Yeah forgot to mention, the radical left just gave Trump the election in a landslide. You think anyone is going to vote for Biden after seeing a riot unfold? Not a chance.
…….
Really?? Please explain the analysis you have done!

https://www.forbes.com/sites/andrewsolender/2020/05/31/bidens-lead-over-trump-grows-by-8-points-since-march-poll-finds/#6f71e16b3260

#125 Flop... on 05.31.20 at 9:19 pm

So what are you doing tonight?

Me?

Not much.

Just gonna watch a country Spit Roast itself…

M45BC

#126 TurnerNation on 05.31.20 at 9:27 pm

As people opined on here, the global lockdown WAS a test for something. More of the same. Watch what’s left of your travel rights..the airlines know. 5% capacity only.
….
“Santa Monica institutes 4pm curfew as protests and looting continue
Road entrances to the city were closed off as dozens of stores were looted following peaceful protests nearby. The broader LA County was also placed under a 12-hour curfew from 6pm-6am”

#127 Dr V on 05.31.20 at 9:30 pm

33 Linda – by your questions you have basically provided potential solutions. All those programs could be replaced, except for CPP, though that could be modified.

UBI at $2k? CERB was meant to provide income for
people who lost work (basically by government order)
whereas UBI is meant to supplement or provide a floor to earnings. For those who cannot work (severe disabilities) then yes it would be more. Of course people may wish to co-habitate and pool UBI, but isn’t that done already? Remember roommates?

There was a link posted a few days back about the levels income of different social assistance programs in Ontario. Less than $800/mo on welfare, and about $1500/mo with GIS, which should probably be considered as the level for someone who cannot reasonably be expected to work full-time. Yes I do
know some oldsters that continue to work!

And forget about the junkies. You can never pay them enough.

#128 fishman on 05.31.20 at 9:38 pm

Hows the 5 G portfolio coming fellow bloggies? Garden?Seed companies up 450% over last year. Double shifting. Big nurseries in the Fraser Valley got orders from the likes of Costco they want everything stateside. Booming down there for our nursery stuff. Besides, the Fraser Valley nurseries have the highest quality. No side deliveries allowed for Canuckleheads. Not that our money’s good enough anyways. Girls? Girls are good & if you got a good one stay the course. Thats a no brainer. Gold? Why not? Zero interest rates, big deficits, a hedge against the $C. Maples work quite well while lil potato got everybody on the free money train. Guns? I guess machete didn’t work too well for the kid that got kicked near to death by the mob yesterday. Or in Nova Scotia when a kook firebombs your house & shoots you trying to escape. And then of course we got Millennial Realist going to run us over. Admit it. You kinda wish you had your FAC. For you young whippersnappers thats a PAL. Even up the odds a little. Still fearful, just not quite as helpless. God? Jeez almost forgot about Him. Churches shut down & all that. That’ll be a University daze deja vu: cram like hell before the big exam.

#129 Ustabe on 05.31.20 at 9:39 pm

What do you call it when a poster on an Internet forum makes multiple posts, mostly off topic, mostly in a self- aggrandizing manner?

There must be an urban definition…anyone?

A lot of all of you all are really showing us who you really are today. Carry on, like letting Sarah Palin go off reservation, it really helps us get to know you.

As a proud Canadian posts like #109, 110 make me sad.

We have lost so many contributing voices, we are lucky WUL still posts from time to time while so many have simply stopped contributing because the hateful, the tuff guys, the anti-science, anti-intellectual folks seem to have free rein, the self congratulatory circle jerks after one of them makes a hurtful point on someone is childish, toddler level stuff.

This community was so much better not too long ago….

#130 Sail Away on 05.31.20 at 9:41 pm

#106 Faron on 05.31.20 at 7:59 pm

But, if I see tripe pulled straight out of the Daily Stormer playbook, then I’ll call it out no matter what nationality the hands it was typed by are.

————–

Tripe, you say? Trudeau in his presser decries racism against blacks and asians, neither of which he is.

I similarly decry racism against whites, which I am not.

Equality is not that hard to understand. My kids got it at 5. I’ll give you a hint: it means equal for all.

Now do you see why I find SJWs so irritating? They fail to understand they are part of that equality… not above, not below. Equally a part.

#131 Calgary on 05.31.20 at 9:43 pm

Canada becoming a nation of bums.

#132 MF on 05.31.20 at 9:45 pm

104 Sail Away on 05.31.20 at 7:43

Fair point. Those are terms that should not be handed out lightly. I did see somewhat of an apology though, so there’s that.

Hey Spacex was successful. Great news for musk :)

MF

#133 TurnerNation on 05.31.20 at 9:45 pm

Sign. The different is my doom and gloom comes TRUE. Look at the dates of these posts.
I knew what our elite rulers were up to month before:

December 2019 until early March 2020. Well before the lockdown:
…………
#6 TurnerNation on 12.02.19 at 3:28 pm
As yourself what is the “economic justice” they speak of, what does this mean to your homes and capital gains. It is moving SO fast now into 2020-2021. Don’t listen to me just watch

#9 TurnerNation on 12.30.19 at 4:56 pm
2020-2021 we will face food shortages and rationing. Due to the government/UN’s actions. Remember from history that famines are always man-made

#6 TurnerNation on 01.12.20 at 2:20 pm
Things will speed up SO fast in 2020-2021 to roll out the plans. Nobody will come to your door and take away your property no. They’ll just take 5-10% of its value away in Tax each year, and empty home tax, land transfer tax, capital gains on sales taxes (stay tuned!), carbon taxes. In a down market this would prove fatal.

#33 TurnerNation on 01.26.20 at 5:54 pm
I’ve been pounding the table, that the 2020-2021 things will be moving SO fast. (I mean it’s not like there a global plan or something…I don’t leave even my breakfast to chance).

#11 TurnerNation on 02.25.20 at 5:08 pm
Been warning you guys, 2020-21 will be totally man made crises as we come fully under UN control.
There is a plan, a timeline and a masterful execution.

#38 TurnerNation on 03.08.20 at 5:14 pm
2020-21 utter chaos is planned.have I said to much…

#65 TurnerNation on 03.10.20 at 6:24 pm
Suspension of travel rights. Forced containment. Devestation of industry.
2020-21 I maintain there is a plan. Been rolling out since Jan.

#134 TurnerNation on 05.31.20 at 9:49 pm

Lost, I am always in the GTA aka Taranna.
Ford’s slogan was Open for Business. Sure. He’s still shutting us down. Remember, always take the oppposite meaning of their words.
(Minister of Middle Class prosperity anyone?)

#135 Lobster Man on 05.31.20 at 9:57 pm

Hi Flop,

The Guardian reported the following, about Australian retirees:

https://www.theguardian.com/business/2020/may/22/retirees-face-financial-ruin-as-coronavirus-slashes-share-dividends

Do you know if this problem is pretty widespread, amongst the people you know?

Thank you,
LM

#136 Ponzius Pilatus on 05.31.20 at 10:02 pm

#79 MF on 05.31.20 at 5:49 pm
49 Faron on 05.31.20 at 4:01 pm

Nothing was soured. You provide good dialogue that is becoming more and more rare here. That’s regardless of your views.

This comments section has a tendency to become an echo chamber, like all online forums. Radical views of all angles flourish in these places. Garth does a great job of weeding out most crap, but some still gets through and needs to be called out.

Please continue to post.

MF
————-
Amen

#137 Fused on 05.31.20 at 10:08 pm

#57 Millennial Realist/Screwed Canadian Millennial
The Prime Minister has joined the Blog chat!

#138 Gone Fishing on 05.31.20 at 10:08 pm

MF No. 55
Enjoy you pogey.
Would you like fries with that ?

#139 IHCTD9 on 05.31.20 at 10:13 pm

Millennial Realist on 05.31.20 at 4:30 pm

Here’s what else is coming:

1. Full recognition of the impact of Western white supremacy and the exploitation of other cultures. Nobody will be elected without acknowledging this, or those that do get elected in redneck burbs will be in a political minority.

2. Full efforts to pay reparations for slavery as well as mistreatment of indigenous peoples and failure to honor treaties for their lands. Tens of trillions.

3. Full efforts to mitigate and stop climate damage and human planetary harms, at whatever costs are required. Hundreds of trillions.

4. Much higher taxation and appropriation, by new laws, of all wealth not deemed necessary for a reasonable middle class existence, given the demands of #1, #2, #3. (Wealthy white Boomers, this means you.) Quadrillions.

Want to escape what is coming, Boomers?

Good luck! Sure, go live in Thailand for a while. Within a couple years, you’ll be running back like a screaming baby, or you’ll be dead.

This will be planetary, Boomers. It is barely starting. You are no longer in charge, and no longer will have control.

Be part of the change.

Or be run over by it.
—- –

I know you’re a troll and all, and you like this little fantasy about boomers paying the piper for all the evil things you think they did.

But let’s step into reality here. It’s too late to get the boomers to pay for anything. WAY too late. It’s also too late to get Gen X to pay for anything. Hell, I’ve never paid so little income tax in my life, and I’m not even retired yet lol!

These big progressive governments have been sending boatloads of cash BACK to us, not taking it away.

I’m afraid it’s going to be the Millennials on down facing the taxes to pay for today’s spending. The rest of us will be retired in paid for houses taking tax free incomes from our TFSA’s.

Sorry mang, it’s a fact.

#140 NFN_NLN on 05.31.20 at 10:20 pm

#130 Sail Away on 05.31.20 at 9:41 pm
#106 Faron on 05.31.20 at 7:59 pm

But, if I see tripe pulled straight out of the Daily Stormer playbook, then I’ll call it out no matter what nationality the hands it was typed by are.

————–

Tripe, you say? Trudeau in his presser decries racism against blacks and asians, neither of which he is.

I similarly decry racism against whites, which I am not.

Equality is not that hard to understand. My kids got it at 5. I’ll give you a hint: it means equal for all.

Now do you see why I find SJWs so irritating? They fail to understand they are part of that equality… not above, not below. Equally a part.

Whites are the biggest enemies of the Left. After all it was the British (whites) who ended slavery in Britain

https://en.wikipedia.org/wiki/Slavery_Abolition_Act_1833#The_Act

And American (whites) who freed the slaves in the US.

(hopefully no citation needed)

The Left still wants whites to pay for this betrayal.

#141 Ponzius Pilatus on 05.31.20 at 10:23 pm

#121 Lorne on 05.31.20 at 9:09 pm
#39 Canuck on 05.31.20 at 3:20 pm

Was at Costco yesterday. Employees handing out masks. At least half, including myself, passed. Cashiers rolling their eyes when asked if they wanted to wear a mask.
……
Typical freeloader. I, as a mask wearer, am doing my part to protect you from getting the virus….but, no, you do not have any concern about protecting me from you.
Thanks. I am guessing you practice the same freeloading in other parts of your life.
———————
Canuck is just trying to outdo Sailo and IHTC

#142 Russ on 05.31.20 at 10:28 pm

A message to construction dude Don, with the nice dog.

Get the heck off our Island!

Seriously, we are over 2 weeks without a new COVID case and you guys come over to infect us! If everyone from the mainland stays on the friggin mainland then we’re okay.
The Strait o’ Georgia is a fine moat. Please respect it.

But you can leave the tools behind. We love Makita. Way better than that Milwaukee mainland krap.

Cheers, R

#143 Flop... on 05.31.20 at 10:34 pm

#135 Lobster Man on 05.31.20 at 9:57 pm

Hi Flop,

The Guardian reported the following, about Australian retirees:

https://www.theguardian.com/business/2020/may/22/retirees-face-financial-ruin-as-coronavirus-slashes-share-dividends

Do you know if this problem is pretty widespread, amongst the people you know?

Thank you,
LM

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

Hey Lob, I haven’t heard much about that.

The thing I’ve been seeing the most, is how a lot of Australians have been using this pandemic to raid their superannuation accounts.

I don’t know all the details because I won’t be touching mine, but basically I think you are allowed to take 10k a year back out.

A lot of things have changed since I left in 1999.

As I work in Canada, I pay into mine voluntarily, without employer assistance, but I think it has morphed into some sort of forced savings that people don’t need to be asked twice to get it back out.

Young Australians apparently are taking the money out, primarily to buy overpriced real estate with, just as the wheels are starting to fall off.

Financial Advisers are stating that they are sabotaging their financial futures.

Likely, but only time will tell.

I am only going to pay into mine a few more months and then let it compound for the next 20 years while investing the rest in Canada.

You must have one of these funds while working in Australia, to my knowledge, which is why I kept it going.

The other reason was I originally sold my house and got a U.K work visa, that I expected to take me on a 2 year odyssey.

I have not been on Australian soil since.

Well, I did go to Whistler once, does that count…

M45BC

#144 OK, Doomer on 05.31.20 at 10:37 pm

#96 Millennial Realist on 05.31.20 at 7:16 pm

I trust the voices of Boomers who tell me how much worse this is looking than the 1960s and 1970s social and political turmoil.

++++++++++++++++++++++++++++++++

Having lived through the turmoil of the 60’s and 70’s, this is actually nothing. The 60’s and 70’s were a grassroots movement grounded in reality.

What we are witnessing here is a Reality TV show version, scripted, produced, agitated and looted by a group of people with an anarchist agenda. The hippies wanted Peace and Love. These Antifa guys want televised violence and hate. And the MSM want the ratings that go with violence and hate.

No, this nothing like the 60’s and 70’s. That was real. This is a commercial product, televised and exploited for ratings. Think of this as Bread and Circuses, not Woodstock.

#145 palebird on 05.31.20 at 10:43 pm

#57 MR

Ha ha wow you are entertaining. Clown show. Just for your info there is no climate crisis..ok? And Trump is back in for a second term with a landslide..ok? And you , well I don’t know where you will be, probably picking fruit or something similar. Hilarious.

#146 OK, Doomer on 05.31.20 at 10:46 pm

#130 Sail Away on 05.31.20 at 9:41 pm
#106 Faron on 05.31.20 at 7:59 pm

Equality is not that hard to understand. My kids got it at 5. I’ll give you a hint: it means equal for all.

Now do you see why I find SJWs so irritating? They fail to understand they are part of that equality… not above, not below. Equally a part.

++++++++++++++++++++++++++++++++++

Exactly. But the problem with a society fully embracing equality is that it leaves no fault lines for politicians to exploit.

And that is the last thing they want. No Special Interest groups means no low-hanging votes to buy.

#147 Sail Away on 05.31.20 at 10:47 pm

#129 Ustabe on 05.31.20 at 9:39 pm

What do you call it when a poster on an Internet forum makes multiple posts, mostly off topic, mostly in a self- aggrandizing manner?

————–

Probably the same thing you call a person who humble brags about helping multitudes of downtrodden, aimless, and frankly hopeless people find their way in life while being a restaurant owner, but more specifically acting as Mother Teresa, who to this day, years later, still receives heartfelt and tear-jerking phone calls thanking him for his selfless efforts on their behalf.

Let’s go with: ‘nonconforming, and self-aggrandizing, but acceptable.’

Good?

#148 Ponzius Pilatus on 05.31.20 at 10:50 pm

It’s getting tense.
Fartz,
Can you lighten up the mood with one of your knee-slapping anecdotes from the meat rendering plant.
Much obliged.

#149 IHCTD9 on 05.31.20 at 10:53 pm

#115 Millennial Realist on 05.31.20 at 8:43 pm
Honest, hardly surprising, but very sad.

A full admission from a former NFL executive that Colin Kaepernick lost his job and was not rehired because as a black man in a league whose paying supporters are mostly white males, he tried to stand up for equal rights for all.

How dare he.

https://www.cnn.com/2020/05/29/opinions/now-is-the-moment-to-sign-colin-kaepernick-lockhart/index.html

I won’t be surprised if this has a big influence on NFL advertisers. It’s so easy to organize a social media boycott and that league surely deserves one in times like this.

—-

Dude, Kaepernick has been a free agent since the 2017 season ended. He did not lose his job either, he opted out of the SF contract of his own free will.

No one gave a rip then, no one will now.

#150 OK, Doomer on 05.31.20 at 10:55 pm

If you’re a Millenial and stuck on the 60’s and 70’s protests as an example, then don’t think of Antifa as the hippies.

Antifa is the Manson Family.

#151 Ponzius Pilatus on 05.31.20 at 11:00 pm

Interesting.
House sales in Richmond, BC seem to be picking up, again. Despite the virus.
In our neighborhood, 2 homes came on the market last week and both sold within 5 days.
I heard they sold for asking. Rumor has it they were sold to buyers from HongKong, through an agent here.
Does not surprise me, with all the bad news coming from HongKong.
Well, time will tell if it is a trend.

#152 IHCTD9 on 05.31.20 at 11:09 pm

#129 Ustabe on 05.31.20 at 9:39 pm
What do you call it when a poster on an Internet forum makes multiple posts, mostly off topic, mostly in a self- aggrandizing manner?

There must be an urban definition…anyone?

A lot of all of you all are really showing us who you really are today. Carry on, like letting Sarah Palin go off reservation, it really helps us get to know you.

As a proud Canadian posts like #109, 110 make me sad.

We have lost so many contributing voices, we are lucky WUL still posts from time to time while so many have simply stopped contributing because the hateful, the tuff guys, the anti-science, anti-intellectual folks seem to have free rein, the self congratulatory circle jerks after one of them makes a hurtful point on someone is childish, toddler level stuff.

This community was so much better not too long ago….
—-

Unstable, you need to apply the “give a rip” factor into your posts.

It goes pretty much like this:

**No one gives a rip what you think**

That goes for you, me, and everyone else posting here.

You think every one here is a nut bar, and all the good posters are gone. Guess what? No one gives a damn what you think.

I think Trudeau is a brainless twit, and he’s going to bury us in debt till the year 2250. Guess what? No one gives a flying **** what I think either.

Mr. T offers entertaining and sage advice above, down here is for $h!ts and giggles. Nothing to take too seriously, surely nothing worthy of lament.

Have a laugh and stir the pot a little. Pretty soon, we’ll all have to go back to our regular schedules.

#153 Ronaldo on 05.31.20 at 11:18 pm

#10 BC Renter on 05.31.20 at 1:36 pm
What will be the impact on tenants who are not paying rent right now? Mass evictions to come?
——————————————————————
Not likely, the RTO will be so backed up it could take a year or more for a case to be heard. Non payment of rent will simply continue. Good luck getting the dead beats out.

#154 Alphonse Kehaulic on 05.31.20 at 11:37 pm

Ladies and gents, we are CERBing your old behavior.

In the meantime you’re kicked to the CERB.

#155 Nonplused on 05.31.20 at 11:50 pm

Wait, PS. I just realized I have also fallen prey to Orwellian newspeak. The “use of force” to stop a riot has become “violence against American people”. “Rioters” have become “protesters”. How much further can the MSM take us down this rabbit hole before we actually can’t tell left from right?

If you have smoke rising from your city, you have a riot going on not a protest. When the authorities come in to protect people and property that is a use of force not violence. The violence came from the rioters (not the protesters) and we need to keep the terms straight. Words are important.

In any case if you have the means get out of the city. The riots and violence could get much worse before it gets better. Do you really want to depend on the army to stop the rioters from setting your condo building on fire? I’m sure they will try, but wouldn’t it be better to be at the lake?

#156 Classical Liberal Millennial on 05.31.20 at 11:57 pm

Who is more batshit crazy… TurnerNation or Millennial Realist? Can we make a poll about this somehow?

#157 Nonplused on 06.01.20 at 12:02 am

About the picture: “I am a long time reader of your blog, and am in the construction business,” says Don, in Vancouver. “I am currently at project on Vancouver Island. On out-of-town projects tradesmen often bring their dogs to the sites, and they are accustomed to handouts from the lunch buckets we pack. I took this photo to show my wife and she suggested that I send it to you, for possible use.”

My dog likes a little snack too. And realistically he gets his room and board payed for in exchange for cuddles and barking at rabbits. Are we all domesticated dogs now? Wagging our tails when it is time for kibbles? Maybe this whole thing was a training exercise. But I think the TPTB will find people are not domesticated dogs if they don’t knock this shit off. There is a revolution coming. Let’s hope it’s a good one.

#158 Faron on 06.01.20 at 12:05 am

#130 Sail Away on 05.31.20 at 9:41 pm

I apologise Sail Away. I saw language and statistics being bandied around recently that are very, very frequently part of racist or barely sub-racist dog whistling. If I misread you through the imperfect lens of the internet, I apologise. You are a smart man, you should consider widening the pool from which you draw ideas from to better serve your mind. If you can suggest sources for thoughtful, right leaning commentary or analysis I’ll do the same.

Fair winds

#159 fishman on 06.01.20 at 12:16 am

Hey Ustabe: How about this for “this community was so much better not too long ago”. Grubbed & fuelled up in Van town. Grabbed a little red headed dancer as a deckhand. 24 hour run to Robson Bight. Did four; four day Adam River sockeye openings in Johnstone Straight. Came to town & bought a house in Dunbar. Life was so much sweeter then; when we were young.

#160 Viorelli on 06.01.20 at 12:17 am

As a person of 63 years of life on this earth, who lived in 4 countries, and raised 2 good kids, planted many trees, run a successful business which still employs many people in Vancouver even during pandemic as we do web and mail delivery operations, and have done tons of non profit work, I can see the writing on the wall. At this time most of my assets are out of this country except the primary residence. I had escaped the USSR just before its collapse and anarchy that followed, I had left South Africa when whites and some of my neighbors started getting whacked and raped, lived in Israel and served in their military and decided to move to Canada as it was safe, clean, had opportunities, great nature, English law, and hockey! I must say that I watch the news daily, interact with many people around the world and have a clear picture of what’s coming and approximately when. If feds raise any more taxes which I pay to support hundreds of people already, I will simply shut the business and retire early. I am done with this communist BS. What did I work for sleepless knights, not seeing kids during their youth, eating potatoes, not going to restaurants, driving old cars to save every penny to pull through during difficult times? So some kommie mf. Can tell me what I can and cannot do and whom I must support? There are few places in the world which will escape from the coming carnage, US is not one of them. Do your research and be ready. This place will turn into Greece number 2 but without the weather and with crippling hydro bills and taxes. I will take my chances elsewhere!

#161 Coastal gal on 06.01.20 at 12:26 am

33 Linda – good comments.

CERB – paying people to stay home, creates a huge disincentive for many people to work. If you’re making more money on Cerb then working why would you go to work?

I think they will need to revamp Cerb totally come July. For those whose jobs and whole Industries have disappeared, there will need to be some sort of safety net but hopefully with tight conditions! Criteria will need to be revamped and qualifying conditions tightened up. Audit or review applications to ensure eligibility (can do this electronically by data matching). Stiff penalties for false applications. Not optimistic this will happen though…

Government needs a back to work plan! It needs to consider how to get people who they have wanted to stay home now go back to work. Higher income earners will want to get back to work (have incentive) if possible.

For middle or lower income earners, It will be hard to motivate someone who’s making more money on handouts then they were working to go to work. I’m making more money right now than I was when I was working parttime and my expenses are less.

#162 Sally Brothers on 06.01.20 at 12:31 am

DELETED

#163 not 1st on 06.01.20 at 12:47 am

Wheres MF? Thought Canada was so peaceful.

This was Montreal getting hit tonight.

https://www.youtube.com/watch?v=5vDbSSTb6-o&feature=youtu.be

Same outside agitators that were blocking rail lines 3 months ago are back to vandalize store fronts.

#164 willworkforpickles on 06.01.20 at 12:52 am

#110 …shades of Lubor Zink.

#165 T on 06.01.20 at 12:59 am

#57 Millennial Realist on 05.31.20 at 4:30 pm

You should go by a different moniker.

May I suggest ‘Millennial Dreamer’.

#166 GRG on 06.01.20 at 1:05 am

#17 Uncle Charlie on 05.31.20 at 2:01 pm
The Springer Spaniel in today’s pic is absolutely identical to one I know very well here in downtown Vancouver. If I didn’t know I would have thought for sure it was him. Thanks for sharing!
*********************************************

The mug in the next picture is absolutely identical to one I know very well from too many televised evangelical broadcasts from the tent. If I didn’t know better I would have hoped it wasn’t him. No need for sharing.

#167 Tim123 on 06.01.20 at 1:23 am

There is definitely a deep recession coming and I guess we will see whether people really had too much debt or not. I had read that in a survey in 2019 that 58% of Canadians couldn’t afford to miss a pay cheque. I wonder whether that is really true because it would seem to me to be quite foolish. I remember Warren Buffett once said that you do not know whether people are swimming naked until the tide goes out. He was referring to the stock markets and whether people are overleveraged. I guess we will see soon after the CERB payments and the mortgage holiday ends whether that is indeed true or not.
I think the gap between the rich and the poor will definitely grow during the upcoming recession and the end to all of this will not be until a vaccine is found, manufactured and distributed which could be several years at the earliest.

#168 Diharv on 06.01.20 at 2:04 am

What election? We just had one.

#169 NEVER GIVE UP on 06.01.20 at 4:04 am

Wow!
I tried to book 3 workers from the Temp Agency to unload a 40′ Shipping container as I always do.

They called on the morning of the unload and said they could not fill the order as they could not get one worker all week!

CERB payments was the culprit!
They posited that it was welfare week and CERB payments of 2K a month was keeping everyone home!
The Temp agency also told us that they had 4 companies needing workers and they got Zero!

Luckily I have Kids.
My 18 year old got on the phone and by noon had 3 friends here to unload for $25 per hour cash.

My 2 youngest sons and the 3 friends unloaded a 21000kg container in 5 hours! A record!
(My kids have been working out during the lockdown!)

I tipped the friends and they went home with $175 each.

I was panicking as I get penalized for What is called “Detention” if you keep the container too long.

Anyway I think the Gov should make it clear that CERB recipients can make some money without penalty so they can get the economy restarted. Think of all the restaurants that are not opening because the waitresses and waiters are not coming back to work?

You cant reasonably think that they will work if anyone who says they are afraid of the bug can collect.

#170 Sky on 06.01.20 at 5:10 am

# 58 – Millennial Realist :

” Like I said, the social unrest is just beginning. This all coincides with a climate crisis that needs an emergency alarm right now. Plus a broader. systemic recognition of racism and classism and its impacts.

My generation is now taking control. There is no going back.

This will be a decade unlike any others.

Boomers, be part of the change.

Or be run over by it.

Either way, your assets and bank accounts, the measures of your souls, are about to become meaningless. ”

*****************
Shouldn’t you be out in the streets rampaging against the oppressive white boomer power structure instead of behind a keyboard lecturing the rest of us? After all, this IS your cultural revolution. Millies and zeds burning down the house. The zombie apocalypse. Eyes wide shut.

What a pack of losers. Thinking that looting and torching neighborhood businesses is some kind of anti racism protest. Or beating the living hell out of the truckers bringing gas or food supplies into the cities.

You’re condoning the actions of nothing more than savage mobs of empty headed, entitled youth who see themselves as internet or TV stars in some damn movie from hell. Violent drama queens with selfie sticks.

Your generation is now taking control, you said. How unoriginal. Pol Pot’s Khmer Rouge, the Komsomol in Russia and Mao’s Red Guard were all there before you. So were the Hitler Youth.

Watch this little 3 minute video clip and apply it to your own life and thoughts. Do you think your green revolution will end any differently for you than it did for these poor suckers? The only difference I can see is that this time around there will be no outside force (the Allies) to bail you out… because the Allies are in the process of being destroyed from WITHIN by the likes of you.

” The morning will come
When the world is mine.
Tomorrow belongs to me”

From the brilliant movie “Cabaret”.

I’d say we’re at about the 1:20 minute mark right about now. And Joel Gray’s face at the very end says it all.

https://www.youtube.com/watch?v=lv0jav4lNsk

BTW – Where’s all your inspiring millennial protest music? That’s right. There isn’t any. That’s because boring, whiny ideologues rarely create great tunes. And that’s why you NEED and use obstruction and violence in order to draw attention to yourselves. You have no other way.

Millennials put the ‘M’ in egomaniac. ME-gomaniacs is what you are.

Boomer protest songs helped end the military draft. You’re welcome. But ungrateful, I’m sure.

One of my favorites:

https://www.youtube.com/watch?v=F_p1JC3z2kU

#171 Sky on 06.01.20 at 5:53 am

“Germany’s federal government and mainstream media are engaged in damage control after a report that challenges the established Corona narrative leaked from the interior ministry.”

“The people who die from Corona are essentially those who would statistically die this year, because they have reached the end of their lives and their weakened bodies can no longer cope with any random everyday stress (including the approximately 150 viruses currently in circulation).”

“Worldwide, within a quarter of a year, there has been no more than 250,000 deaths from Covid-19, compared to 1.5 million deaths [25,100 in Germany] during the influenza wave 2017/18.”

***************

The whistleblower has of course been suspended from his job and the report itself censored by both media and politicians.

“News of the report went mainstream in Germany during the second week of Mai – but already in the third week media and politicians alike stopped discussing the issue by refusing to comment upon it.”

Link contains a few minor translation errors. Hyperlink to the government report is included but unless you’re fluent in German…

https://www.strategic-culture.org/news/2020/05/29/german-official-leaks-report-denouncing-corona-as-global-false-alarm/

#172 Kevin on 06.01.20 at 6:35 am

Hey Garth. When the economy gets rebooted I wonder if most of the jobs are going to be under 15 bucks an hour. The supply and demand would point towards lower wages for most. Business will be willing to pay decent wages to people with true skill and work ethic.
People who where marginally useful before the pandemic are toast.

#173 Ramshackle on 06.01.20 at 7:05 am

#170 Sky on 06.01.20 at 5:10 am

BINGO!

You are awesome!

Needed to be said…and you said it very well.

#174 Wrk.dover on 06.01.20 at 7:17 am

Tool talk.

Two years ago I pointed out Corporate Leon’s sold me a pair of Corporate Frigidaire freezers for which after a couple years went by a failed thermostat was no longer available.

I solved the problem by fitting a two wire thermostat from a much older freezer.

Now, my corporate built DeWalt angle grinder from corporate Canadian Tire has no brushes available, on line anywhere! They are the consumable wear part of an electric motor like the tires on a car are.

Great stocks to own, those companies.

Also, Corporate Aviva is on a tear! Neither my broker or myself can get renewal information or billing on an automotive policy that ran out last week. I started contacting both of them six weeks ago.

P/E makes the world go round! Product support not so much.

#175 SoggyShorts on 06.01.20 at 7:28 am

#57 Millennial Realist on 05.31.20 at 4:30 pm

Hundreds and thousands of trillions will be spent on climate, slave reparations and the natives?
And you think boomers are gonna pay that?
Here’s a little hurdle for that: the whole world doesn’t have that much money, and the boomers certainly aren’t going to earn it in the zero years they have left before retiring.

So if those things are getting paid for, it’s you and your kids that will be doing it.

Seriously, you sound like a 5 year old “we’ll take quadrillions of dollars from you!”

#176 Stan Brooks on 06.01.20 at 7:39 am

#31 Gone Fishing on 05.31.20 at 2:51 pm
See you in 10 years. Time to blow this pop stand called Canada. No money to be made here.

The future is spent/the debt is at record levels and they are looking for idiots/debt slaves to work for nothing (competing for next to minimum wages with very high cost of living) in the next decade and a half-two with no standard of living whatsoever in order to support the owners/oligopolies and the government bureaucrats at all levels and their golden benefits,
after which the jobs will be gone forever due to automation anyway.

Looking at what is happening in the US and Europe when the plebs is hungry – it is not pretty.

Plan accordingly.

Cheers,

#177 Gent Cull on 06.01.20 at 7:43 am

#58 Mill -Real, seriously, you’re taking over? “ Our assets are meaningless”?

‘Scuse’ had a rather long belly laugh. All I can say is , under the scenario you propose, where we all move into the forest, girls on one side, boys on the other is, “ get ready to be rolled over and screwed by people who do bad things for fun”.

Well, that won’t happen . You’ll live under the umbrella of people who’ll support your silly ass on their way to getting rich. And trust me, all the pretty girls will be banging the rich guys.

If the world gets smaller, you’ll have to become smarter and way tougher. Competition is wired in our DNA. There is no such thing as sharing, ask any Communist.

Somebody wins, and a lot of people lose. The winners hire guys with guns to keep the losers in line. Just ask any Communist how that works.

I’m in my mid-sixties, I had to be tough as nails to get my millions. I’m not in the 1% , the 1% are cutting my grass. I think I can beat any 30 something in a no holds barred bar fight. So, if you think the “take over” will be easy, oh boy, you got another thing coming. The world is full of men like me.

Since this blog is mostly about money, let me tell you something. You’ll never get rich giving someone else your money to manage. Ask Garth a straight up question “ How many millionaires have you created?”

I know what the answer is, zero. So why am I in my 60’s managing my own money? Because as much as Garth likes dogs, and that’s noble, I could never hire someone who’s satisfied with never having created wealth for anyone but himself.

If you meet a girl and you tell her your dream is to be a leach living in a tent, expect to wake up alone.

#178 CanadIain on 06.01.20 at 7:53 am

You get what you vote for. I have no sympathy for my fellow countrymen who voted for this fool of a PM.

Higher taxes, lower growth, mass inflation. Welcome to the future, Canada.

#179 Headhunter on 06.01.20 at 8:14 am

all the CERB knashing and wailing is in vain.. OF COURSE the gov’t wants people to stay home as it fits their agenda.. what the hell happened to cv19? Wheels fell of that bus now onto race wars

New currency is comn digital.. thats why the $$$$ they are giving away is a non starter. They KNOW it will never be paid back

Housing will revert to the mean.. 3-4 X’s income..

#180 Fused on 06.01.20 at 8:18 am

#141
How can anyone take the wearing of masks seriously, I will tell you why I do not.
I was out riding yesterday afternoon near Hope and was stopped at a car accident, in attendance was three fire trucks, four police cars, one police supervisor, one fire fighter supervisor and two ambulances.
I would guess that there was about twenty front line first responders milling about for over an hour talking, laughing(only a sideswipe accident, two people into the ambulance), and not one of them was wearing a life saving mask, not even the paramedics and did not notice any “safe social distancing either”.
I guess they already got the vaccine or even these people believe it is bunk also.

#181 crowdedelevatorfartz on 06.01.20 at 8:19 am

Not to worry Sky.
The youth of today wont take over.
Alas they have the attention spans of fruit flies circling a bowl of rotten cherries.

A new version of Game of Thrones and they’ll all be back in the basement mesmerized by the flickering screen….awaiting their next meal to be delivered to their laps.

#182 BillyBob on 06.01.20 at 8:20 am

#30 MF on 05.31.20 at 2:48 pm
#1 TurnerNation on 05.31.20 at 1:11 pm

Another blog, another first post by TurnerNation.

Sigh.

I guess it’s a daily reminder that this whole pandemic has been particularly tough on those with serious mental health issues.

MF

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

It’s obvious to all that you’re posting as Faron and then MF to congratulate yourself. If that doesn’t indicate mental illness I don’t know what does.

I’ll take 100 of TurnerNation’s posts over your/Faron’s posts any time. He at least demonstrates some independent thinking.

I’m off to daily prayers, then continue enjoying the warmest spring in UK history.

“Dear Flying Spaghetti Monster, thank you for allowing me to escape having to repay 300 billion dollars I never asked to be spent. Amen.”

#183 BrianT on 06.01.20 at 8:21 am

#74Millenial-you are just a kid so you don’t yet realize that all stuff they put in your head is mostly nonsense-both Gergen and Bernstein are well known as liars and grifters-this isn’t 1990 it is 2020.

#184 OK, Doomer on 06.01.20 at 8:22 am

#170 Sky on 06.01.20 at 5:10 am

BTW – Where’s all your inspiring millennial protest music? That’s right. There isn’t any.

++++++++++++++++++++++++++++++

Give the kid a break. Do you know how hard it is to write lyrics that rhyme with MotherF#$%R?

#185 Sail Away on 06.01.20 at 8:32 am

#158 Faron on 06.01.20 at 12:05 am
#130 Sail Away on 05.31.20 at 9:41 pm

I apologise Sail Away. I saw language and statistics being bandied around recently that are very, very frequently part of racist or barely sub-racist dog whistling. If I misread you through the imperfect lens of the internet, I apologise. You are a smart man, you should consider widening the pool from which you draw ideas from to better serve your mind. If you can suggest sources for thoughtful, right leaning commentary or analysis I’ll do the same.

Fair winds

——————–

Apology accepted. All good.

#186 crowdedelevatorfartz on 06.01.20 at 8:33 am

@#184 Ok Doomer
“Do you know how hard it is to write lyrics that rhyme with MotherF#$%R?”

++++++

Money suckers?

#187 Dharma Bum on 06.01.20 at 8:33 am

MF and Milennial Realist, you need to

CERB your Enthusiasm.

https://www.youtube.com/watch?v=m7BgOYPNTlA

#188 BrianT on 06.01.20 at 8:35 am

#121Lorne-IMO you snowflakes should not be driving cars-you are endangering every one of us with your reckless actions-I don’t care how safe a driver you are-there is the possibility you could hurt someone even a little child so how can you be so selfish-start walking and show us you care.

#189 Dharma Bum on 06.01.20 at 8:49 am

Hey kids!
Remember this name: Justin Trudeau.

He’s the guy that will go down in history for ruining Canada.

There will be a documentary made about him so you won’t forget about it.

The Socialist Dictator that Annihilated the Economy and Ruined Millions of Lives.

#190 Chris Dunn on 06.01.20 at 8:54 am

TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic. Classic Canadiana.
https://www.cbc.ca/amp/1.5588741

Non-story. IRD penalties are standard. If you want to break a five-year mortgage after a year, you pay. – Garth

#191 BrianT on 06.01.20 at 8:56 am

#130Sail-I didn’t hear boy Trudeau talk but the asians thing is hilarious-as we all know most guys who get shot by police in the USA are white-second place is black guys (far lower population)-now over the last 10 years what is the total of Chinese Americans or Chinese Canadians getting shot by police-would it surprise any of us if the number was ZERO? Does this mean us white guys are getting discriminated against by the police in favor of Chinese guys? It does also appear that being Jewish tends to make it very unlikely that the police will shoot you-does this also indicate the police are against white guys that aren’t Jewish? We need an expensive inquiry-money is no object because Virus. I almost forgot-how come 99% of the people getting shot are men? This blatant sexism just has to end.

#192 no blog for old men on 06.01.20 at 8:58 am

@#156 Classical Liberal Millennial on 05.31.20 at 11:57 pm
Who is more batshit crazy… TurnerNation or Millennial Realist? Can we make a poll about this somehow?

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

MR is more angry than crazy.
TN is straight up bat shit crazy.

#193 Ray Skunk on 06.01.20 at 9:05 am

Garth

Could you please dedicate tonight’s blog to absolutely destroying the CBC article Realtor(tm) who doesn’t have a clue about how mortgages work, got in way over her head, relied on renters, is ok with obscene charges as long they’re going in her direction, then goes whinging to the CBC when she didn’t make a ton of cash as she’d hoped?

Thanks in advance.

#194 IHCTD9 on 06.01.20 at 9:25 am

#191 BrianT on 06.01.20 at 8:56 am
#130Sail-I didn’t hear boy Trudeau talk but the asians thing is hilarious-as we all know most guys who get shot by police in the USA are white-second place is black guys (far lower population)-now over the last 10 years what is the total of Chinese Americans or Chinese Canadians getting shot by police-would it surprise any of us if the number was ZERO? Does this mean us white guys are getting discriminated against by the police in favor of Chinese guys? It does also appear that being Jewish tends to make it very unlikely that the police will shoot you-does this also indicate the police are against white guys that aren’t Jewish? We need an expensive inquiry-money is no object because Virus. I almost forgot-how come 99% of the people getting shot are men? This blatant sexism just has to end.
—-

You, Sail and I need to get a riot (complete with looting) on the go asap. These injustices will stand no longer.

I request only that the ‘hood we loot contains a YAMAHA dealership. You guys bring the bricks, I’ll bring the bolt cutters!

#195 looking up on 06.01.20 at 9:31 am

#190

TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic. Classic Canadiana.
https://www.cbc.ca/amp/1.5588741

———————————–
This article is crazy ironic because the Canadian Realtors Associations, REMAX etc. have been harping how prices won’t fall because sellers won’t accept lower bids. (no data to back that up.)

And here we have a real estate agent forced to sell because of the pandemic and gets nailed with a
$30 000 penalty and no doubt accepted a lower price. I have a feeling you’re going to see a lot of realtors “accepting lower prices” because they were most apt to believe the crap their association was spewing that real estate prices only go up and consequently leveraged themselves to the hilt with real estate.

#196 James on 06.01.20 at 9:50 am

#109 not 1st on 05.31.20 at 8:23 pm

Oh Yeah forgot to mention, the radical left just gave Trump the election in a landslide. You think anyone is going to vote for Biden after seeing a riot unfold? Not a chance.

He and Trudeau might as well be bunk buddies and plan for another 60 days under the bed.

What an absolute joke.
__________________________________________
Wasn’t the Orange Oberführer hiding in a basement bunker in the White House with his Schutzstaffel protecting him during this unfolding crises?
Ya sure I want to vote for a coward who avoided the Vietnam war multiple times….what was his nickname? Oh yes Captain Bone Spurs.

#197 James on 06.01.20 at 9:54 am

#189 Dharma Bum on 06.01.20 at 8:49 am

Hey kids!
Remember this name: Justin Trudeau.

He’s the guy that will go down in history for ruining Canada.

There will be a documentary made about him so you won’t forget about it.

The Socialist Dictator that Annihilated the Economy and Ruined Millions of Lives.
_________________________________________
Yes he will go down in infamy as a leader that was worse than his father. Together they have destroyed Canada and now the Orange menace has done the same to the USA except that we are simply burning out whilst the USA is burning up.

#198 Another Deckchair on 06.01.20 at 10:01 am

Hey @96 Millennial Realist!

Wow, a post without 100% forward facing outrage. I appreciate it, as I also agree with your content.

There are people of all ages who will agree with what you said in your #96 post.

As a young boomer, I keep lamenting on the fact that the population has doubled in my time here; apparent as on the QEW highway in the Niagara Peninsula used to have farm tractors on, and crossing from one field to the other, as the QEW was surrounded by orchards and vineyards.

Anyone who’s driven down it in the last Decade would not recognize it. I don’t call it “progress”.

50 or so years of change, and the place is not recognizable. What will the next 50 to 100 years bring?

M60ON.

#199 broader mind on 06.01.20 at 10:04 am

It’s official, the canadian banks are no longer trading rationally. Protected every morning by the “force” Wow, I wish I could just print money.

#200 not 1st on 06.01.20 at 10:04 am

Maybe Garth can remember the times when someone who was a socialist was a guy who just wanted a company dental plan.

People like MR are way past whackadoodle. Shut it all down, tax everyone left to pay for me and any pet cause I might support. Well you got a 3 month test on that. How do you like it so far?

That’s Marxism tainted with SJW and climate change hoax to boot. This is a very dangerous intersection of ideologies. Dangerously uninformed people with no life experience or critical skills or worthy contributions.

#201 TurnerNation on 06.01.20 at 10:08 am

Mental illness is defined as lack of dedication to reality.
This is what is really going on.
People can’t seem to grasp, their #1 predator is other humans. Who is destroy your small business storefronts in your cities in this continent as we speak?

The street battles have begun, seeded by professional agitators. US curfews begin anew. The events are taking place with what is only military precision no? Been calling this as WW3 weeks ago.
It was all there, maybe you missed it while drinking the MSM Pablum? That the Government was just KeEpInG uS sAfe from the vIruS. Flattening that curve right! Get on it boys. Chop chop.

As in WW2 to-day we have:
– wartime curfews and travel bans
– Unbridled govt spending
– All sports, events, gatherings cancelled
– The Govt has drafted workers into into their fold by way of the CERB, so to speak. (That is, paying them to be passive, sit at home and not cause trouble. The new version of feeding them LSD as in the 60s. Well we have government weed now too)
– Food and goods rationing took place.
– Shut down of non-essential NON WARTIME production.
– Told us we all are bio-weapons, preventing us from organizing. Fear fear fear.

Keep repeating your “CV Cult lines” – New Normal! Stay Safe! Flatten Curve! Thank you workers!
As the old system continues being destroyed, you see the riots now. Phase 2 in Sept is gonna be bad.

#202 David Hawke on 06.01.20 at 10:08 am

TurnerNation IS Spopt-on!

#203 IHCTD9 on 06.01.20 at 10:10 am

#163 not 1st on 06.01.20 at 12:47 am
Wheres MF? Thought Canada was so peaceful.

This was Montreal getting hit tonight.

https://www.youtube.com/watch?v=5vDbSSTb6-o&feature=youtu.be

Same outside agitators that were blocking rail lines 3 months ago are back to vandalize store fronts.
— –

I’ll have to keep an eye on Kijiji-Montreal, “guitar for sale barely used, like new…l

#204 Sky on 06.01.20 at 10:12 am

# 184 OK, Doomer

“Give the kid a break. Do you know how hard it is to write lyrics that rhyme with MotherF#$%R?”

***********

LOL. Better help him out. What else would he like to throw in the boomers’ direction that rhymes? How about – Bloodsucker, Money Sucker, Up Chucker… Let’s see how he does. But don’t expect too much from someone who probably still thinks Trump is a Russian secret agent man.

Elevatorfartz : Unless you’re an immortal, then of course the millies will take over. Their ridiculous and deadly green ideology already has.

Liberal /Democrat updates :

New York mayor De Blasio (whose daughter was arrested during protest action) asks the NYPD to use a “light touch” with the rioters – as they hurl bricks and molotov cocktails at the officers.

Nancy Pelosi – “When you have a crowd, you will have those who will disrupt, and that is most unfortunate.” Disrupt? mmkay.

Daughters of both Ilhan Omar (Minneapolis representative), and Minnesota governor caught tweeting out help and intel to the rioters.

Minnesota governor now walking back his comments about white supremacists and outsiders leading the destruction after released arrest records show mostly locals. Said he made the remarks earlier because he simply couldn’t bring himself to believe that his own people were responsible. Belief. And feelings. Perfect leftist.

Media is becoming desperate to pin the riots on Trump. They keep baiting him constantly to intervene or to give a speech so that they can change the narrative away from the devastating riot optics. Whatever he says they spin against him.

Silence is a powerful weapon. Ask any guy who’s been frozen out for a few days by his wife. I hope Trump keeps quiet and makes the left deal with this mess. Because they OWN it.

#205 Sky on 06.01.20 at 10:25 am

# 173 Ramshackle

“BINGO!

You are awesome! ”

********
Does this mean that I can reschedule my lobotomy that you recommended for me yesterday?

#206 OK, Doomer on 06.01.20 at 10:25 am

#186 crowdedelevatorfartz on 06.01.20 at 8:33 am
@#184 Ok Doomer
“Do you know how hard it is to write lyrics that rhyme with MotherF#$%R?”

++++++

Money suckers?

+++++++++++++++++++++++

I stand corrected. Pick up your Grammy and Nobel Peace Prize.

#207 IHCTD9 on 06.01.20 at 10:31 am

#152 IHCTD9 on 05.31.20 at 11:09 pm
#129 Ustabe on 05.31.20 at 9:39 pm
What do you call it when a poster on an Internet forum makes multiple posts, mostly off topic, mostly in a self- aggrandizing manner?

Unstable, you need to apply the “give a rip” factor into your posts
——

For the record, I typed Ustabe, not unstable. That was an unfortunate auto-correct.

#208 TurnerNation on 06.01.20 at 10:32 am

Something for the CV Cult: In the Bulk store they make you sanitize your hands and don plastic gloves. As if you are a doctor. The employees retreive goods for you.
If you pick up an item yourself the employee scolds you as if a child. TskTsk. That item is placed into their own basket for sterilization later on. Wtf! Not even hospitals do this. If a customer dares reach into a bin themselves then the entire bin of good is disposed of.

I’m telling you, they’ve made humans into bio-weapons. We are all contaminated. Level 3 containment to transact commerce. This is mind control.
New Normal Stay Safe Thank you workers! Keep repeating your new chants for salvation. Deliver you from the heathens and those questioning the MSM. Their selfish attitudes Endanger Us all, Leading to hospitals being overwhelmed. If we save ONE live guys it’s all worth it! (Did I forget any lines?)

#209 Steerage reality on 06.01.20 at 10:32 am

#201 TurnerNation on 06.01.20 at 10:08 am
Mental illness is defined as lack of dedication to reality.

…..

Ah the irony…….that’s one hell of a rabbit hole you entered…

#210 Bytor the Snow Dog on 06.01.20 at 10:33 am

#184 OK, Doomer on 06.01.20 at 8:22 am sez:
“#170 Sky on 06.01.20 at 5:10 am

BTW – Where’s all your inspiring millennial protest music? That’s right. There isn’t any.

++++++++++++++++++++++++++++++

Give the kid a break. Do you know how hard it is to write lyrics that rhyme with MotherF#$%R?”
———————————————————–
I’ll give it a shot…

Listen you Millennial MotherF#$%R….
You can git your jobs from some other sucker….
We the boomers will hire our brother trucker….
Go whine on Insta with the dumber Zucker…

#211 not 1st on 06.01.20 at 10:35 am

#197 James on 06.01.20 at 9:54 am

The suburban white moms are watching the TV pretty close I would think. Especially now that the scamdemic didn’t work. Security will beat out any other pet cause.

And watching guys like Biden who isn’t even elected to anything hide in his basement for two months, the first month was before the pandemic even started.

And Trudeau, well under the bed for 60days with the super Mario game is his world view. My toddler shows more maturity and leadership.

Canada is going to be ripped apart at the seams by this, mark my words. Antifa knows it has free reign in Canada.

#212 The West on 06.01.20 at 10:38 am

CERB killed this economy. The Han knew exactly what they were doing to bleed capitalism dry. It’s not even a conspiracy theory at this point, look at the western world. This was not “spontaneous combustion” – this has been orchestrated and carried out purposefully. The US is teetering over the abyss as a federally centralized bureaucracy and though Canada is less vocal about it, so are we. Money doesn’t exist – only human production has value. This has stagnated our bureaucracies and, ever concerned about the asset portfolios of the wealthy, is doing all it can to preserve asset value by drowning us in meaningless liquidity. Why would one want to join the working poor when he can play video games and watch Netflix to maintain his lifestyle?

This is moving passed an “economic problem” and into a cultural problem. There’s no ambition left, there’s no imagination left – there is a world of extravagantly rich and a long gap down to the rest. There is no buy in on value – only what the entitled believe they are “owed” (rich and poor alike) in life.

This idea of a welfare state was the worst policy the western world has ever conceived. We are drowning in entropy.

As you said, Mr. Turner, this decade is going to be interesting at the very least.

#213 Sail Away on 06.01.20 at 10:38 am

#194 IHCTD9 on 06.01.20 at 9:25 am
#191 BrianT on 06.01.20 at 8:56 am

#130Sail-I didn’t hear boy Trudeau talk but the asians thing is hilarious-as we all know most guys who get shot by police in the USA are white-second place is black guys (far lower population)-now over the last 10 years what is the total of Chinese Americans or Chinese Canadians getting shot by police-would it surprise any of us if the number was ZERO? Does this mean us white guys are getting discriminated against by the police in favor of Chinese guys? It does also appear that being Jewish tends to make it very unlikely that the police will shoot you-does this also indicate the police are against white guys that aren’t Jewish? We need an expensive inquiry-money is no object because Virus. I almost forgot-how come 99% of the people getting shot are men? This blatant sexism just has to end.

—————-

You, Sail and I need to get a riot (complete with looting) on the go asap. These injustices will stand no longer.

I request only that the ‘hood we loot contains a YAMAHA dealership. You guys bring the bricks, I’ll bring the bolt cutters!

—————-

Usually I’d be the one protecting from looting out front. But hey, suddenly my guns are illegal so I’M the criminal?

Sure, count me in… at least as a rioter/protester/blockader I’ll be fully protected from all who would intervene… unlike 11 year old basketball Billy in the park.

#214 the Jaguar on 06.01.20 at 10:43 am

The usual suspects burning and looting in Montreal. Oh me, one longs for the days of peaceful protest like the Martin Luther King March on Washington in August, 1963. Guess protests these days cannot be peaceful and must include ‘looting’, i.e. ‘stealing’, and destroying and burning other people’s property and livelihood.

Naturally our feckless mainstream media goes right along with it all like lambs being led to slaughter. The divide grows greater between the lazy and violent lumpen who participate in these events, their numbers ever increasing. Counting them is like shooting fish in a barrel. Funny how none of them turned out in such great numbers protesting the anti-asian hate crimes that have been occurring in the past few months. Vancouver police apparently investigating some 29 cases at the moment. I guess the ‘looting opportunity’ just didn’t present itself.
Soon all the moral hardworking people will be forced to flee to get away from the stench of it all. It might mean leaving these same large metropolis to the lumpen where they can burn and loot to their hearts content. And then what? They will be forced to set down to that proverbial banquet of their own consequences. That’s when they will turn on each other.
Meanwhile, back at the ranch, the stock markets appear to be up today. A bit of sunshine that does its best to compete with the Alberta sky this morning…………

#215 Sail Away on 06.01.20 at 10:44 am

#204 Sky on 06.01.20 at 10:12 am

Elevatorfartz : Unless you’re an immortal, then of course the millies will take over. Their ridiculous and deadly green ideology already has.

—————

Fartz may well be immortal. Pickled forever in a magical mix of methane. More cabbage and beans, sir?

#216 joblo on 06.01.20 at 10:52 am

https://www.macleans.ca/society/health/how-canada-has-bungled-the-covid-19-endgame/

enough said?

#217 IHCTD9 on 06.01.20 at 11:08 am

The looting and destruction in the US is likely going to get a round two.

The cop charged with murder who kneeled on Floyd’s neck will have to be proven to have committed a willful and premeditated act of murder. This won’t happen. Worst he’ll get is manslaughter, and Police usually get an easier shake from the judge too.

Consider Toronto Cop James Forcillo literally filled Sammy Yatim with lead, was actually convicted of attempted murder, and only got a 6 year sentence. He never even lost his job. He was just granted a full parole earlier this year after serving only 21 months in jail.

Round two coming up.

#218 JUST LQQKING on 06.01.20 at 11:08 am

#177
quite a rant there buddy…Garth is too much of a gentleman to respond to a phoney like you…but I’m not :)…I doubt Garth even has a landscape business. You’ve heard the expression “No man can enrich himself without enriching others.”…actually you probly haven’t. Beating up 30 year olds doesn’t qualify you to earning millions…neither does being “tough as nails”….the world is full of men like you?…possibly, lot of delusional people out there alright….but I am looking for someone good to do my yard work…but you’re probly not good at that either!

#219 Generation War on 06.01.20 at 11:12 am

#160 Viorelli: Ditto.

What dummies like MR don’t understand is that as long as cap gains taxes have been paid it is perfectly legal (and smart) to get your liquid assets out of this country asap.

With zero interest rates, even very wealthy people are not earning much taxable income on these assets anyway, so might as well look for opportunities in countries that are better run and less tax and spend crazy.

But I’ll stay here and be a resident now that I might actually need some of the healthcare I paid for over the last 40 years.

Hell, I guess if the millennial midwits get their way I will also receive the universal basic income, since my investments will be generating cap gains, which are only taxable when sold, not investment income.

If things get crazy and violent and the millennial basement dwellers get their hands on landing craft and storm the beach in front of my place (lol at the thought), I might just defend myself, or fly off to one of the many countries where I have lived for years in the past.

It’s quite easy to be under the radar in a lot of very nice places that are quite safe and inexpensive, such as the one in SA famous for beaches (but all the wrong ones). The right ones are sparsely populated and gorgeous.

I’ll be back there again this winter. Might even grab a safe deposit box, if I can find one, they are in extremely high demand.

But that’s just for zombie apocalypse protection. The important assets will be in more trustworthy locations, all completely legal and untouchable by thieves like MR.

After all, who doesn’t like a nice ski vacation now and then?

#220 MF on 06.01.20 at 11:17 am

187 Dharma Bum on 06.01.20 at 8:33 am

Lol Larry is comedic genius.

And I do see some signs of optimism. Didn’t read MR’s post because I actually think he/she/it is a troll.

MF

#221 Yukon Elvis on 06.01.20 at 11:22 am

#140 NFN_NLN on 05.31.20 at 10:20 pm

And American (whites) who freed the slaves in the US.
………………………..

You are so right about that. It was the colonial powers Spain, France, and Britain who brought black slavery to the Americas. The USA was not even a country at that time. After the American revolution when the US became an independent country they freed the slaves. The USA did not invent slavery, they ended it.

#222 TheDood on 06.01.20 at 11:25 am

#8 Andrew on 05.31.20 at 1:29 pm
And somehow the banks maintain their dividends?
___________________________

Yup. You think this is unfair?

#223 MF on 06.01.20 at 11:26 am

#214 the Jaguar on 06.01.20 at 10:43

So let me get this straight. You lambaste the main stream media for not reporting on the looting, which they actually did, then in the same breath focus on the looters and conveniently ignore the thousands of people who protested peacefully.

Isn’t that the same thing as what the msm is doing? Focusing on the negative?

Btw, none of this is new or unique. Like Garth says, this is not something we haven’t seen before. We aren’t special. This time is no different.

MF

#224 Yukon Elvis on 06.01.20 at 11:34 am

201 TurnerNation on 06.01.20 at 10:08 am

Mental illness is defined as lack of dedication to reality.
………………………

This is a free country. Reality is optional. If you don’t like reality you can invent your own.

#225 Attrition on 06.01.20 at 11:34 am

Anyone being distracted or worried by the noise of protests-cum-riots started by various agent provocateurs with aligned and obvious aims should take both a step back and a deep breath.

This is nothing new and is nothing for America. Their democracy is the ugliest and the greatest, and this is how it works even when being usurped from within.

Business as usual, my cowering Canadian compatriots, don’t you worry.

A Great Expungement is underway, and we’re seeing these last gasp attempts to derail an inevitable and overdue cultural correction.

The future belongs to patriots, not globalists, not marxists, not fascists, but patriots. Learn your history if you don’t understand what that means.

Although the Millennial Marxist want you to think otherwise, this is only the end of the beginning, which is the beginning of the end for globalism and the neo-facism of the United Nations. The WHO was only the first to fall.

This has nothing to do with which generation you belong to, or other meaningless measures of group identity. This is, once again, all about the individual, and it’s a beautiful thing to behold.

Plus, every single riot-every broken window, every act of destruction–raises the GDP. Ignore the noise, invest accordingly.

#226 IHCTD9 on 06.01.20 at 11:40 am

#192 no blog for old men on 06.01.20 at 8:58 am
@#156 Classical Liberal Millennial on 05.31.20 at 11:57 pm
Who is more batshit crazy… TurnerNation or Millennial Realist? Can we make a poll about this somehow?

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

MR is more angry than crazy.
TN is straight up bat shit crazy.

MR wants justice for perceived generational wrongs. Deep down, he/she knows there will be none – so far off in a shadowed corner of the www, in a comments section; MR lives out a fantasy where the world punishes Boomers for all the ills they have inflicted on the young.

I always leave a little room for folks like TN. The reason is because of how I look at the future, and my opinion on what the Real end goal for humanity is.

IMHO, the end goal is for the human race to transition from a type 0 to a type 1 Civilization. 90% of the problems our society sees right now is a result of our transition (including the race riots down south) attempt. If we make it, just about all the tensions/inequality on the planet will end.

0-1 is the single most dangerous transition a civilization can make. Any theoretical physicist you can name will admit that there is zero evidence that any life in the universe has ever made it to type 1. There is ample evidence building right now that we will follow the same path as all other intelligent life in the universe followed before us – a path to total destruction.

So, as crazy as it may seem right now, TN and all folks calling for a future of chaos and violence may ultimately be right on a civilization scale.

In fact, they’ve got better odds of being correct than all the rest of us according to some of the best minds on the planet.

#227 MF on 06.01.20 at 11:43 am

212 The West on 06.01.20 at 10:38 am

What kind of incoherent rant is this?

You start by complaining about a social program that gave money to the average everyday person -at the expense of the wealthy taxpayer, then proceed to complain about the wealthy and death of capitalism?

Which one is it?

This post is a symptom of the current political climate. People use wherever social media popular memes and taking points and take them as truth, then project them to others to manipulate in the same way. Sad.

MF

#228 the Jaguar on 06.01.20 at 11:55 am

@#225 Attrition on 06.01.20 at 11:34 am

Wonderful post. I will need to include you in my very short list of people who post here worth reading.

#229 Faron on 06.01.20 at 11:56 am

#177 Gent Cull on 06.01.20 at 7:43 am

“If you meet a girl and you tell her your dream is to be a leach living in a tent, expect to wake up alone.”

That’s actually a perfectly acceptable and successful dating strategy here in Vic and, IMO, there are some damn hot hippy chicks.

#230 Sail Away on 06.01.20 at 12:58 pm

#229 Faron on 06.01.20 at 11:56 am
#177 Gent Cull on 06.01.20 at 7:43 am

“If you meet a girl and you tell her your dream is to be a leach living in a tent, expect to wake up alone.”

————-

That’s actually a perfectly acceptable and successful dating strategy here in Vic and, IMO, there are some damn hot hippy chicks.

————-

Haha, yep. When I separated from the army in 1996, I spent the next several months hiking the Appalachian Trail, then traveling with a loose group of back-to-the-earthers around the East Coast’s organic fairs volunteering for food, then finally (when winter came) living communally in a yurt on the property of a Maine traditional canoe builder, building cedar/canvas canoes in exchange for room and board.

Great times. Lots of bongo, recreational drugs, and …um… relations. Wouldn’t trade those memories for anything.

#231 YVR Expat on 06.01.20 at 1:05 pm

Who had a good weekend at Cottage Country?

#232 YVR Expat on 06.01.20 at 1:14 pm

#58 Millennial Realist on 05.31.20 at 4:40 pm
Like I said, the social unrest is just beginning. This all coincides with a climate crisis that needs an emergency alarm right now. Plus a broader. systemic recognition of racism and classism and its impacts.

My generation is now taking control. There is no going back.

This will be a decade unlike any others.

Boomers, be part of the change.

Or be run over by it.

Either way, your assets and bank accounts, the measures of your souls, are about to become meaningless.
********************

I’m a millennial, and it’s clear to me that Millennial Realist is a troll or a bot, because I don’t know anyone that thinks this way… his commentary is just a bunch of regurgitated liberal media talking points.

#233 Not 1st on 06.01.20 at 1:38 pm

Garth is dead on about real estate.

Who is going to want to have a commercial property after the govt shuts it down for 3 months and now Antifa busts it up. Selling online out of your basement looks so much better even if you get a fraction of the sales, all that bricks and mortar sunk cost is gone.

Who is ever going to want to be a landlord again after millions of squatters are sitting in apartments now entitled.

I see a possible surge in outlying suburban SFH though as people try to move themselves out further.

#234 Not 1st on 06.01.20 at 1:47 pm

Our egghead politicians and so called experts needs a real good lambasting for the idiocy that passes as policy.

Lets see, a scary pandemic has started killing 0.00001% of the population, so lets stop the economy, kill everyones job, future and hope and then lock everyone up with social media all day and send the idle a cheque for good measure.

I am actually surprised the entire country isn’t burning. WTH are these guys thinking?

#235 Lobster Man on 06.01.20 at 2:30 pm

#143, Flop:

Thanks for your reply.

I have relatives in Australia. They are retirees. And lately, they appeared to be in financial distress. I just wanted to find out the reasons behind such. They are very proud people, and they don’t usually ask for help.

I was in Whistler this past Feb. Yes, I have to keep reminding them to “Keep to the Left”.

Cheers,
LM

#236 Gravy Train on 06.01.20 at 7:50 pm

#234 Not 1st on 06.01.20 at 1:47 pm
“Our egghead politicians and so-called experts […].” Does that make you a redneck hillbilly? A knuckleheaded knuckle-dragger? A Trump supporter? :)

“Lets see, a scary pandemic has started killing 0.00001% of the population, so lets stop the economy, kill everyone’s job, future and hope and then lock everyone up with social media all day and send the idle a cheque for good measure.” The infection fatality rate (IFR) from the coronavirus for males aged 80+ is 15%. The fatality rate from playing a single game of Russian roulette is 16.7%. Saying SARS-CoV-2 is just a mild flu is like saying Russian roulette is just another parlour game! :)

“I am actually surprised the entire country isn’t burning. WTH are these guys thinking?” Derek Chauvin was arrested and charged with third-degree murder and second-degree manslaughter, fired from his job as a police officer, and served with divorce papers by his wife. Bet he now wishes he had a do-over.

As an interesting aside, the word chauvinism is derived from Nicolas Chauvin, a character noted for his excessive patriotism and devotion to Napoleon in Théodore and Hippolyte Cogniard’s play La Cocarde tricolore (1831).

#237 Steven Rowlandson on 06.02.20 at 7:59 am

What will happen? Can you say hard landing and a realty check?

#238 Steve N on 06.02.20 at 11:33 am

DELETED

#239 willworkforpickles on 06.02.20 at 11:50 am

There are a 101 reasons why emigration/returns to Canada from Hong Kong will be little more than gradual and even minimal at best.
After the UK Australia and New Zealand, Canada Ranks 4th as a target destination for the upwardly mobile of HK’ers.
Aside from the obvious reasons to emigrate elsewhere, HK residents aren’t being driven out or have to flee or lose their freedom to exit the country. They will be free to leave anytime they wish with the proper passports as before.
As for HK’ers gobbling up Toronto and Vancouver Real Estate en-masse…this is the collective hysteria of over-maxed indebted property owners unable to face the grim truth and those in denial who want to go on believing they are richer than they think.
Truth be told…massive unemployment and dropping RE values go hand in hand (not to mention a boatload of other factors complicit)
A mass influx isn’t likely yet…That would/will come with the bargain seekers en-masse when the banks have thousands of defaulted properties to unload ten cents on the dollar or somewhere thereabouts.