The nipper

This is Fred.

Dave took the picture thirty years ago and sent me this scan from an old 35mm slide. “If you care to use it,” he said. I do.

After yesterday’s post and comments, the tearing-apart and shredding of each other, the online unreality of our lives, the bickering, insults, conspiracies, pathetic polarization and geriatric swaggering, I was calmed to read his note. So shut up and do the same:

Many years ago we had a dairy farm, and as all good cow-men should, we owned a Border Collie. For whatever whimsical reasons, he started out life as “Fred”. This dog had a penchant for posing whenever I had a camera with me.

Almost from the first day on the job as a pup, and with very little training, he had an inbred knack of being able to round up the herd of cows at milking time.  After a few weeks, I could stand at the barn door, tell Fred to “Go Get ‘Em!”, and wait patiently till he had herded the bovines back to the barn from one pasture or another.

It was uncanny watching him work the cows, quickly slipping to and fro, or giving forth with a menacing growl or bark every now and then to keep a reluctant stray in line.  Early on, when attempting to nip a wayward cow to prove his mastery over her, he suffered a swift kick to the chops….and that was the end of the cattle-nipping forever!

(Although the mud flaps on the milk truck acted as a surrogate and took one HELL of a beating….He would latch onto them and get himself dragged down the lane-way, snarling and chewing all the way…He did this for years, and more than once we bought a pair of replacement flaps for the truck driver!)

Fred, the cows and the farm are now decades-gone…. all sorely missed, but I still treasure the memories.

The cow-man also said he hopes the blog will help find “a bit of common ground between the radicals, both right and left.”

Cows. A barn. A faithful farm dog and family. The basics. Instead it’s a world of QAnon, BIPOCs, hydroxychloroquine, CERB, tweets, coronavirus and chaos. Social media could have connected everyone, but now divides us into smaller, angrier chunks. All it takes is a talented demagogue with a Twitter account to start the fire. People don’t know what’s real or truthful anymore when media filters have been labeled ‘fake news’ and Google dishes up whatever facts you fancy. The result is inevitable. Suspicion. Division. The arguments grow extreme and the labels worse. Socialists. Racists. Settlers. Supremacists.

Could things come off the rails next week? That would hardly be a surprise. If there’s no immediately clear outcome in America, the whole world will be impacted. The mess will be temporary since Covid will dissipate and growth resume, no matter who the leader ends up being. But a lot of mud flaps will die in the meantime.

Unless absolutely compelled by events, this blog will not talking again in the next six days about you-know-who or the other guy. Please join me. Hey, maybe we could buy some cattle. Who’s in?

$     $     $

So we now know just a titch under 800,000 families stopped making mortgage payments when the virus came. This was historic. Nothing in the past ever came close to the revenue hit the banks took from lost cash flow on $180 billion in loans. They will not soon forget.

Here are some consequences:

A poll by Forum Research finds that one in eight borrowers won’t be able to resume payments in the next 12 months. They’ll have to ask for a further deferral. Banks can grant that, but must record the loan as non-performing – with bookkeeping implications.

Meanwhile RBC figures up to 20% of all the deferrers are still unemployed. That suggests a deferral cliff continues to loom, and you should expect a little storm of listings in the coming months. Following that disruption, bond yields will start to rise and downtowns repopulate when the virus recedes in earnest a year from now. You may wish you’d bought a condo when they were cheap and regret purchasing in the boonies. (Unless you have cows, of course. And a collie.)

Finally, as deferrals end and jobs stay scarce, many people will want to refinance their homes in order to take equity out. “Unfortunately, there could also be more resistance from lenders to approve COVID-impacted applicants,” says Rates.ca. “That’s especially true for those with a mortgage deferral on their credit report.”

Most whacked will be folks with jobs in “vulnerable” industries, like food service, entertainment or travel plus those whose total debt costs equal more than 40% of gross monthly income and, of course, the self-employed or anyone on commission.

Wait. Not paying your debt has consequences? Sounds fake.

205 comments ↓

#1 Niagara Region on 10.27.20 at 3:32 pm

RE: POLITICAL DIVISIVENESS
I recommend the documentary “The Social Dilemma,” which explains how AI algorithms select newsstories on an individual’s computer that reinforce his/her worldviews. The documentary explains how such algorithms are helping to polarize people politically.

#2 espressobob on 10.27.20 at 3:35 pm

Investors are in it for the money plain and simple. Always will be.

When the shit hits the fan as it has many times the opportunistic take advantage of a good thing. It’s our predatory way.

Too bad for those on the other side. They sell at a loss.

Boohoo.

#3 Alberta Ed on 10.27.20 at 3:35 pm

We could all use a little Fred. Thanks.

#4 Alex on 10.27.20 at 3:37 pm

Beautiful pup, Dave.

#5 Felix on 10.27.20 at 3:39 pm

No, don’t get a dog. A problem, not a solution to anything.

#6 CJohnC on 10.27.20 at 3:44 pm

The US election guys out , cows in. Should make for a more intelligent comments section.

#7 mark on 10.27.20 at 3:47 pm

trump in a landslide.

#8 Faron on 10.27.20 at 3:50 pm

I’ll own up to my role as Border Collie here +- BIPOC. I will pledge to keep to topics at hand — RE, personal finance and hounds/pups/MBFs.

On-topic: The SO and I are still wavering on RE. Or, she’s all-in and I’m all-out. But, I can’t convince her and relationship happiness is on the line and we are looking at places that are affordable to us. That means condos unfortunately. I never thought I’d be that person. I’d much prefer a small house in the sticks that is priced in balance with local wages. A small community. Grand Forks anyone? Kimberly? Silverton/New Denver? Sooke? Port Alberni? Courtenay? Etc. There are so many overlooked gems in this province. I’d happily re-employ at local wages and be freer of these strictures of my internet obsession.

Take care blog dogs. I know 90% of you hate me, but I mean no harm. My rabidness at you is a reflection of my own angst, frustration and failures and displeasure at working in solitude all these months. I think social media serves that role for many. Time to refocus.

Most excellent blog post Garth and excellent blog.

#9 Kevin on 10.27.20 at 3:53 pm

Insightful as always, Garth. Thank you.

“Cows. A barn. A faithful farm dog and family. The basics. Instead it’s a world of QAnon, BIPOCs, hydroxychloroquine, CERB, tweets, coronavirus and chaos. Social media could have connected everyone, but now divides us into smaller, angrier chunks. All it takes is a talented demagogue with a Twitter account to start the fire. People don’t know what’s real or truthful anymore when media filters have been labeled ‘fake news’ and Google dishes up whatever facts you fancy. The result is inevitable. Suspicion. Division. The arguments grow extreme and the labels worse. Socialists. Racists. Settlers. Supremacists.”

#10 yvr_lurker on 10.27.20 at 3:57 pm

Cows. A barn. A faithful farm dog and family. The basics. Instead it’s a world of QAnon, BIPOCs, hydroxychloroquine, CERB, tweets, coronavirus and chaos. Social media could have connected everyone, but now divides us into smaller, angrier chunks. All it takes is a talented demagogue with a Twitter account to start the fire. People don’t know what’s real or truthful anymore when media filters have been labeled ‘fake news’ and Google dishes up whatever facts you fancy. The result is inevitable. Suspicion. Division. The arguments grow extreme and the labels worse. Socialists. Racists. Settlers. Supremacists.

————————-
I couldn’t agree more. As much as social media is helpful in connecting friends and relatives living all over the planet, it has a dark underbelly and provides a public forum for any misfit (or foreign gov’t) to spread misinformation, radical views, or conspiracy theories. All of which are now easily searchable with google and taken as “facts” by groups in our western societies that are poorly educated and lack key critical thinking skills (the most egregious being Qanon believers).
Divide, forment, agitate…. an easy power fueled by the endless social media shite.

Although there were certainly significant challenges in the Vietnam war era, there were less alternative realities played out in the news. Many families (mine included, I was a kid then) used to listen carefully and trusted what Walter Chronkite had to say each night on the news, especially towards the end regarding the clear and growing problems with US involvment in Vietnam.

#11 Decent Majority on 10.27.20 at 3:59 pm

Fred’s a good boy. Me too.

#12 Shortymac on 10.27.20 at 4:04 pm

Just hoping it would bring some sense to the housing market and these wannabe investors learn about diversification…

I’m saving and investing away while canning, preserving, learning to sew, etc just in case things really hit the fan in 2021.

#13 NewWest on 10.27.20 at 4:05 pm

Once you shut the computer and phone off (I don’t have a TV, so not sure what is going on there) and look outside, life is going on.

I’m on the island now and there’s a small river a few blocks from the new place where the chum salmon are running, like they have for millennia. I walked down there on Sunday, on the way watching two young deer cruising the neighbour’s garden. The eagles and gulls are finding easy grub down at the river, as are the people fishing. Fly fishing only, and landing decent size fish that would feed a family a good dinner.

My grandfather was a logger on the west coast of the island. He saw a lot of things in his long life, but I think he benefited from a much calmer mind as he wasn’t constantly inundated with the noise we invite in now.

I’m hoping to emulate him, turn off the media noise as much as I can now, invite in the silence. Whatever happens, the chum will be back next year, the eagles will be scavaging, and the deer will be bounding through the neighbourhood looking to a quick meal. That gives me a certain amount of comfort and peace.

#14 mitzerboyakaQueencitykidd on 10.27.20 at 4:10 pm

It’s all good out here
4 moe years of Sask party

#15 T-Rev on 10.27.20 at 4:12 pm

As Corb Lund wrote, “May you always have cows around”

#16 Felix on 10.27.20 at 4:12 pm

Breaking News!

OMG, dogawful mutts are even worse than I imagined!

“A Flesh-Eating Parasite Is Making Its Way To Canada Through Dogs”

“Veterinarians have started to detect leishmania in Canadian and U.S.dogs, a dangerous parasite that can cause a flesh-eating disease in both animals and humans.

The parasites, usually spread by sandflies not native to North America, cause the disease leishmaniasis. Some forms of the disease can lead to severe disfigurement or even death.”

https://www.huffingtonpost.ca/entry/flesh-eating-parasite-dogs-canada-leishmania_ca_5f9754f8c5b6e1e707636989

Save your lives now!

GET RID OF ALL DOGS!

Get a cat instead. Don’t be doomed greater fools.

#17 Franco on 10.27.20 at 4:19 pm

All things must pass.

#18 dogwhistle on 10.27.20 at 4:21 pm

Just wanted to say thanks for having let me answer yesterday’s questions about a specific roboadvisor.

It’s nice indeed when you can try and help people.

By the way, if any readers have a minimum spare $25:

https://charities.thestar.com/santaclausfund/

#19 JSS on 10.27.20 at 4:23 pm

Officials with Cenovus Energy confirm the acquisition of Husky Energy will result in the elimination of between 20 and 25 per cent of the staff of the combined company.

Together, the companies currently have 8,600 employees and contractors, which means between 1,720 and 2,150 layoffs are planned.

According to Cenovus, the majority of the staffing cuts will occur in Calgary.

https://calgary.ctvnews.ca/cenovus-husky-deal-to-result-in-upward-of-2-150-layoffs-1.5162773

#20 Felix on 10.27.20 at 4:24 pm

Don’t forget: That dogawful disease kills both dogs and humans!

If you do decide to keep a useless mutt and it passes this disease to you and kills you, perhaps you could ask for your estate to apply for a farewell recognition for yourself, a Darwin Award.

https://darwinawards.com/

Quite appropriate for dog owners.

#21 Xantac on 10.27.20 at 4:29 pm

Most condo owners are women. Trudeau will extend CERB for that very reason. Male homelessness is increasing though.

#22 Xantac on 10.27.20 at 4:33 pm

Not extending CERB will affect our Starbucks sipping and LV hauling middle class wearing Jimmy Choo heels. The schools are open because the teacher misses teasing her students, punishing the nerds, and brainwashing the school with Trudeau liberalism.

#23 Into the West on 10.27.20 at 4:34 pm

Well, here is a nice place to raise some cows:

https://bridgecreek.ca/

I think I saw it listed for 3.5m recently. Not bad for 2000+ acres, at the price of a couple houses in Greater Vancouver.

#24 some guy on 10.27.20 at 4:34 pm

The real-estate industry and social media are two of the worst things that have happened to Canada.

#25 Trudeau’s Magic Money Machine on 10.27.20 at 4:35 pm

Debt doesn’t really matter anymore. MMT will solve everything.

Money is just a concept anyway, it only has value because we collectively all believe in it.

If you think Justin and his friends are gonna mess it all up you are so wrong, he’s a really, really………..really smart guy. Trust me.

#26 justdeleteitifyoudontlikeit on 10.27.20 at 4:37 pm

LOL good one Garth. Like YOU’LL be able to go a week without mentioning Trudeau or O’Toole!

#27 Ace Goodheart on 10.27.20 at 4:39 pm

From a purely financial viewpoint, and not to argue the ridiculous “the virus is dangerous vs. the virus is harmless” argument (or to either give too much, or too little weight to the lives lost to it), we have some interesting developments on the virus front.

COVID is not killing all that many people anymore in Ontario. You can clearly see this by looking at the infections vs. deaths curve. In the first wave, deaths and infections went up at the same time, quite high.

Now infections are up about 1000 per day, and deaths have flat lined.

Now, I don’t really give a flying turtle turd about anyone’s opinion, as to whether or not a life lost to COVID matters, or whether the economy is more important than a bunch of octogenarians whose lives are now at grave risk.

That is not an argument I want to have. Because it is the argument everyone is having. And it is becoming trite and simple minded.

What I like to point out is, that if this virus likes to spread in cold weather, and is not killing that many people anymore, what does May 2021 look like to you?

To me, it looks like we will be out of the COVID tunnel.

So, knowing that things likely will be over by May 2021 COVID-wise, and that this winter is going to be heavy lock down hell, what would a wise person, with a lot of credit, millions invested, and with the ability to purchase distressed assets, be thinking right about now?

Does January – March 2021, which is likely to be one of the worst economic slumps known to Canadians, look like time to go a vultching?

When you know, that likely by May, it will have been determined by the powers that be, that COVID is a has been, that we probably don’t need to vaccinate everyone, and that no one is dying anymore.

I think I see yet another historic buying opportunity coming up.

#28 espressobob on 10.27.20 at 4:40 pm

#17 Franco

George Harrissons album, my favorite. Never gets old.

Your point?

#29 NoName on 10.27.20 at 4:41 pm

@felix

Just wait until msm find about, this…

https://www.nytimes.com/2020/09/29/science/cats-coronavirus-immunity.html

#30 Chief Pilot Antifa Air great deals on soup see our website on 10.27.20 at 4:42 pm

There are people, not the raving lunatics but thoughtful and serious people who have been right in the past, that say a real estate catastrophe that will dwarf 2008 lurks in the USA. What do you think about that and what it would do to the economy? It doesn’t seem so far fetched that many people find themselves unable to pay mortgages in the US also. There is already a massive eviction crisis for renters.

#31 FreeBird on 10.27.20 at 4:44 pm

Talked with an old friend about all that’s going on and we disagreed on some things. This used to be OK even constructive along with simply agreeing to disagree which we did. Why? We heard the other’s reasons out while respecting the right and freedom to hold and express diff views. It takes practice but you learn more and avoid needless confrontation esp when most are on edge anyway. Fight to be right or choose peace? We agreed talking like that was now hard. If you don’t agree you’re the other not to be trusted (or crazy) and object of anger prob from my fear. We’ve lost looking for middle ground, nuance or context. It’s right or wrong (or politically incorrect). We have a long way to go. I’m def not perfect and have work to do. Maybe blogs like this and those like Dave and dogs (animals) like Fred can help. Let’s hope. I don’t have a dog in US race so agreeing to avoid names is easy.

#32 Google : Divider in Chief on 10.27.20 at 4:46 pm

The Artificial Intelligence algorithms running Google are causing the divisions we see today. The algorithms only feed you information guaranteed to increase clicks. That means everyone gets more upset and inflamed at every turn. This guarantees more clicks. Feedback loop.

Once you realize that, you can see that you’re being played and it becomes a bad joke that you can shrug and laugh off.

Back in the old days, everyone had an Encyclopedia Britannica in the house. In the case of an argument, it was the last word.

Now, the AI algorithm scours the web to find things to reinforce your already held opinion. Opposing opinions are filtered out.

All it is is Confirmation Bias on LSD, Meth and Steroids.

Just say no to Google.

#33 Barb on 10.27.20 at 4:47 pm

Be nice(r), Felix.
I bet Fred never killed an American Goldfinch or a Song Sparrow.

#34 LP on 10.27.20 at 4:48 pm

#1 Niagara Region on 10.27.20 at 3:32 pm

Buy or borrow the book, We Are Data. Tells you the same thing and more.
*************************************
My late cousin and her husband raised 6 kids on a farm near us. They had a succession of Scotch Collies, all named either Tess or Rob, depending on their sex. But the funniest dog they ever had was a black and white Border Collie (name forgotten). They eventually had to lock it in the barn because it wouldn’t stop trying to herd the fish in the aquarium. Poor dog was only let out whenever there was genuine herding to be done.

#35 Garth's Son Drake on 10.27.20 at 4:52 pm

Since turning bearish several days ago the stock market is down yet again for another day.

Can you hear me now? $$$

Now I am turning ultra bearish given the data coming out on the virus everywhere. Infection numbers are going completely parabolic. This is it. This is the big storm I warned about. I am freezing my spending and not going out anywhere until this virus is gone.

I predicted the last US election win and the recent BC election correctly.

Would I count Trump out now? No. Would I bet money on a Trump win like last time? No.

I am sticking to my fundamentals here. I always said that if the US goes into recession before the election that Trump is toast. And that is exactly what has happened.

So, if I was forced to bet and pick who will be running the US, my money is on the CCP.

#36 cto on 10.27.20 at 4:54 pm

Condos cheap???
Really? where, when?
What is a 1 bdrm condo in T.O fundamentally worth?
Are there any for less than $400000?
8 years ago you could get one for 250.
That I was told, too expensive!
Are they going back there! Nope, the boc intervened! They will never allow any prices to reset to anything meaningful.

#37 Doug t on 10.27.20 at 4:54 pm

Dogs to the rescue – humans not so much

#38 A bud of mine ... on 10.27.20 at 4:56 pm

had a border collie (RIP) we used to take fishing, along with a group of other friends. Around the campfire at night (middle of nowhere here) someone would play with the dog to distract it. Someone else would throw her tennis ball up over the trees as hard as he could into the complete darkness. Then the dog’s owner would say “search.” Off she would go into the bush and sooner or later (sometimes much later) would show up again and drop the ball at her owners feet. Great breed …

#39 Petulant on 10.27.20 at 4:56 pm

It’s crazy right? Here on a Canadian blog from a seasoned vet who has served CANADIANS and we’re in a state of total (keyobard) war over what’s going on south of us?

Meanwhile, KT and CF feel they have no obligation to reveal corruption, finances or plans into the future. You’ve been astute to this – but the steerage likes the MSM feed into their brains. Too bad for us.

The dancing puppets are never what’s really going on. Remember that. Those two old white guys of the American Establishment are a side show. It is inconsequential how the election falls, all plans have already been made.

#40 Handsome Ned on 10.27.20 at 4:59 pm

Doesn’t the Cowman know that his cows are destroying the planet with methane fartz and exhaling toxic co2 twentyfour seven! Greta is coming for him, sending her army of flying monkeys. She’ll get the cows and your little dog too.

#41 AntMan on 10.27.20 at 5:00 pm

Given the possible deferral/default cliff (slope?,blip?) what is the outlook for Canadian bank stocks. I was reading about this ETF today.
https://hamiltonetfs.com/canadian-banks-will-q4-be-a-clean-up-quarter/
These people seem fairly sanguine about the future of our financial institutions. In light of the news from HSBC today I can see their point. Thoughts?

#42 Stan Brooks on 10.27.20 at 5:02 pm

Lie after lie after lie.

https://ca.finance.yahoo.com/news/be-vigilant-not-alarmist-about-bo-c-balance-sheet-economist-164706331.html

No, BoC did not engage in QE before, the purchase of 125 billions of BAD mortgages in 2009 was not QE, as they were ‘insured’ by CHMC.

No need to be alarmist, the ship is sinking on schedule.

Cheers,

#43 Shirl Clarts on 10.27.20 at 5:03 pm

#19 JSS on 10.27.20 at 4:23 pm
^^^^^^^^^^^^^^^^^^^^^^

Energy Minister Sonya Savage should watch more Netflix.

David Attenborough: A Life on Our Planet
https://www.youtube.com/watch?v=64R2MYUt394

There is no future in Oil… for anyone.

#44 Game Plan on 10.27.20 at 5:06 pm

I just watched Jeff Gunlach for 72 minutes in a recent interview who says go with the current mix: 25% cash, 25% gold, 25% stock (not US) and 25% bonds.

…until the economy cracks. 18 month timeline held up by the Fed stimulus.

Then he says, once it cracks, the real crack, hit the pedal to the metal and go all in 100% stock. Figures about at 52% drop.

#45 Bob in Hamilton on 10.27.20 at 5:08 pm

“Please join me. Hey, maybe we could buy some cattle. Who’s in?”

I’m in…I’ll buy the shovel…..

#46 AGuyInVancouver on 10.27.20 at 5:09 pm

It’s amusing that an unholy Poopfest on Trump and the virus is allowed in the Comments section yet discussion of important factors inflating housing prices is verboten. Go figure.

You mean when you blame everything on immigrants? Suck it up. – Garth

#47 Stoph on 10.27.20 at 5:10 pm

#8 Faron on 10.27.20 at 3:50 pm
—————————————————————-
I’d say the phrase ‘Happy significant other, happy life” is in order. Financial security, which this blog focuses on, is only part of the equation to a better life (though a very important and often overlooked part). You’ve got a good grasp of numbers (as long as you don’t mess up on the units) so you should be able to figure out a budget and what the financial risks and costs are of buying… and what it means if you buy more house than Garth’s rule of 90. Buying some dirt to call home may not be bad decision if it brings stability to your life, you like living in it, can weather interest rate rises, you love your job and you don’t mind delaying your retirement. Lastly, there’s zero point in buying a condo if you’ll be miserable living in it.

#48 Dolce Vita on 10.27.20 at 5:10 pm

As for America, leave it alone. You cannot vote there.

Pay attention to their trade and economic policy instead, no more. Their Extreme Left and Right are nutters, no need for that to twist the minds of Canadians.

A lot of the angst I also think is due to the DAMN VIRUS (fatigue). Twitter reads Cdns. are fed up with the damn virus. So is everyone else in mainstream countries.

GET IN LINE.

Europe new cases and deaths:

https://i.imgur.com/FFg6PkX.png
https://i.imgur.com/ewnobXP.png

Ya. That’s what EXPONENTIAL looks like.

Cases/100K Europe (looks like a chocolate bar):

https://i.imgur.com/Cho4fGR.png

Have to use @imgrund on Twitter Cases/100K data since the CDN GOVT DOES NOT PUBLISH THIS (Canada color on Euro map would be a boring beige at worst):

https://i.imgur.com/X2LQAdH.png

And ya, Rt’s high in Europe too, so you are not alone Beavers.

——————–

Be GRATEFUL Canada. You’re doing fine. Everyone is pissed about the virus, like I said, get in line.

If a vaccine works, by Summer/Autumn most of us inoculated and 2020 and the DAMN VIRUS will be but a not too distant memory.

#49 Stan Brooks on 10.27.20 at 5:10 pm

Deferrals on 20 % of loans are only possible thanks to BoC and it’s zero rates QE unlimited ultra-stupid inflationary policy.

If lenders had to borrow at rates equal to real inflation (read 8 % +) there is no way for any for those 20 % debt slaves to survive and the lenders would have been in deep doo doo.

Now, to solve the problem print some money with no coverage by past labour or capital and voila, no problemo,

Only if it was so easy….

Cheers,

#50 Coho on 10.27.20 at 5:11 pm

I think we each need to be accountable for our actions. Performing “self-checks” can help us avoid impulsive behaviour. A self-check includes asking one’s self questions about why one feels intense anger or fear. If we must blame someone or some thing for our weak will, it is reasonable to blame the problem of evil because we are all affected by this force in various degrees. Blaming T or any other individual for causing us to behave angrily or irrationally won’t solve our problems as each individual can be his or her own worst enemy.

We all have our buttons and there are a multitude of things that can push them. Politics and religion are among the biggest ones. We need to be principled and honest about ourselves and things in general more than ever. Truth is the first casualty in war and it feels like there is a war for our minds and more importantly, our Will.

Politically correct doesn’t cut it and what a misnomer it is, perhaps akin to evilly good. It’s the institution of politics that has become so dark and polluted and many within it become tainted as would be expected when playing in the “mud”. Many people scoff at any thoughts away from mainstream as if we, the general populace know everything there is to know of importance and that things are what the national nightly news says they are.

It is a sad situation. As free societies deteriorate and with it the middle class, the numbers of the “I’m alright Jack’s” may very well dwindle into non-existence. Perhaps then people will begin to look out more for each other. When mammon is the god of this world and wars, sickness and suffering enrich the earthly powers, it is foolish to think that the common people’s lot will be elevated going forward.

#51 AM in MN on 10.27.20 at 5:11 pm

Garth,

I disagree on this point you made…

People don’t know what’s real or truthful anymore

Many don’t but not all. For many of us on the more libertarian side, we know that our freedom rests upon being informed for ourselves, not being fed a diet of propaganda from those who want to control us.

I consider myself in this boat. I’ve never used social media, and I have no need to start. I saw the problems it causes a long way back.

I also believe that if you like your freedom and civil society, that you have obligations, including helping those who don’t understand the details to keep from falling in the trap of those who seek to control you. I care about the future for me and my family, and know that “the only thing required for evil to flourish is for good men to do nothing”

I don’t apologize for calling it out, and I’m not going to cry and wonder what happened when the money printing party brings such tears to so many others.

I appreciate your blog because it tries to get people to make their points using facts and not smears, and I hope my posts help in that regard.

Remember, despite the noise you hear, the world has actually never been more at peace than it is now! Let’s keep it that way.

#52 S&P how many? on 10.27.20 at 5:12 pm

Garth, is it the S&P500 or S&P6?

Microsoft, Amazon, Netflix, Apple, Facebook, Alphabet

And these 6 are the least affected by the pandemic.

#53 Ponzius Pilatus on 10.27.20 at 5:13 pm

#232 Bill on 10.27.20 at 3:30 pm
#223 Faron
PS If carbon taxes will force people like you to use less or move?

No chance, my consumption of energy at a ratio to income is probably below 90 – 97% of population.
Trust me I would be that last guy standing.
$300K income VS maybe $2,000 in fuel (unless I get in my RV for a large road trip) and hydro annually. All my properties are paid for and yield 8%. No mortgage on my homes.
I can weather what most couldn’t dream of.
I’ve got enough firewood to heat my house for 20 years
I know how to hunt garden and run any piece of heavy equipment.
I have enough cash to buy up a fire sale house if need be.
I look at the population and do the opposite…
Not bad for a red neck idiot eh?
—————
Hi, red neck Superman!
What is your Kryptonite?

#54 Brian on 10.27.20 at 5:13 pm

#27 Ace
My bet is the same as yours. From my research the longest time of an outbreak is 18 months which puts us to June 2021. The logic being that the stronger strains end up in deaths and people who are unable to leave their homes, so unable to pass it on.
Come March, I’m liquidating every dollar and going all in.

#55 Piano_Man87 on 10.27.20 at 5:19 pm

My parents have always had a dog, exclusively border collies. My dad originally got one because his neighbor had done some farming and had a border collie. He said all you had to do was say “go get the cows” and the dog would go do it. Get every cow, every time.

When you go anywhere in the house, border collies instinctively get ahead of you and pretend to lead you where you were already going. It’s adorable.

Intelligent, too. Their current dog knows the name of all of his toys. You can tell him to go get his ring (a ringette ring), and he noses through his pile of toys until he finds it.

In 2016 for Christmas, I got the dog a stuffed Trump dog toy. It was funny then, it isn’t now.

#56 FreeBird on 10.27.20 at 5:20 pm

#37 Doug t on 10.27.20 at 4:54 pm
Dogs to the rescue – humans not so much
—————
Couldn’t agree more. Let’s hope they’re not a target soon. It concerns me a lot what govts might do from fear based public pressure vs credible science and to be seen as proactive. Little late but masks can effect the way our animals see us and some disinfectants are toxic to them.

https://www.sfspca.org/blog/how-can-a-face-mask-affect-your-interactions-with-animals/

https://www.humanesociety.org/news/how-keep-your-pets-safe-around-cleaning-products

#57 Ponzius Pilatus on 10.27.20 at 5:21 pm

You thought it’s the Russians and the Chinese who interfere in the American election.
Think again.
https://www.cbc.ca/news/politics/lynn-beyak-donated-to-trump-republican-national-committee-1.5778988

#58 Cowtown Cowboy on 10.27.20 at 5:28 pm

These are troubling days indeed…things are dire out here and getting worse by the day..personally we’ve never had a better year financially and have put over 100k into the bank but I don’t think I’ve been more miserable

I’m no fan of the Donald but would vote Republican no matter who they paraded out…and I would definitely take him over the vapid virtue signaller that Toronto currently stuck us with

Nowadays it’s all them vs us, left vs right, mask vs no-mask, climate change vs climate deniers, it’s all a constant power grab to further ones one ambitions/agendas, nobody seems to generally care about what’s best for Canada as a whole, Tribalism rules the day….maybe I should break down and get my daughter a dog after all….

#59 Decent Majority on 10.27.20 at 5:29 pm

A good day. The Saskatchewan farmland still protected from theft. Well, there’s still that jinx Justin…..

#60 jal on 10.27.20 at 5:30 pm

Look ….PPT from a hornet sting
A face mask is not enough
https://www.msn.com/en-us/video/animals/first-known-murder-hornet-nest-discovered-destroyed-in-us/vi-BB1arH0g?ocid=msedgntp

First known ‘murder hornet’ nest discovered, destroyed in US

#61 Ronaldo on 10.27.20 at 5:31 pm

#13 NewWest on 10.27.20 at 4:05 pm

Yes indeed. Life here on the island is awesome. Nature on you doorstep.

#62 Sydneysider on 10.27.20 at 5:35 pm

I grew up on dairy farm in Sussex, with a herd of 100 or so Friesians. They led themselves to the milking parlour, including the walk down the lane, to the enjoyment of tourists. But that way of life is long gone now. The fields round there are all planted with barley. A few of the old codgers are still around though, including the old man.

Best education a boy can have, life on a farm.

#63 Ponzius Pilatus on 10.27.20 at 5:36 pm

#1 Niagara Region on 10.27.20 at 3:32 pm
RE: POLITICAL DIVISIVENESS
I recommend the documentary “The Social Dilemma,” which explains how AI algorithms select newsstories on an individual’s computer that reinforce his/her worldviews. The documentary explains how such algorithms are helping to polarize people politically.
—————
I noticed that when the first net search engines came out about 30 years ago.
That’s why I always skip the first search result pages and go for the good stuff at the end.

#64 just a dude on 10.27.20 at 5:45 pm

Thank you, Dave, for sharing your wonderful recollections and thank you, Garth, for another great post.

Social media is toxic. This became obvious years ago when I dabbled a bit on some nascent platforms. I was horrified at some of the nonsense that was being spewed out under the cowardly cloak of anonymity. Haven’t touched it since and instead rely on subscription-based news outlets to stay informed. You get what you pay for.

Be kind to each other folks. Life is fleeting.

#65 Dolce Vita on 10.27.20 at 5:46 pm

Garth you’re an optimist and I share that sentiment. But reading what you wrote about under these:

$ $ $

I don’t see a recovery until mid-next year and that is with horseshoes up our, you know where.

Germany a couple of days ago stated there is risk of a DOUBLE DIP recession made headlines there the other day in their MSM and on Bloomberg:

https://www.bloomberg.com/news/videos/2020-10-26/germany-s-double-dip-recession-risk-certainly-rising-ifo-s-fuest-video

Worse, the majority of Deutschers favor a LOCKDOWN.

As for the rest of the European G4/7 all are in recession.

GARTH, MID NEXT YEAR at best then again if the vaccine works people will have hope again for a better future, human nature…who knows what will happen then (and when)?

——————-

Sorry, no juicy Europe VIRUS PORN today possums.

#66 not 1st on 10.27.20 at 5:51 pm

Heard some great quotes this week.

1. If you watch the news you are misinformed, if you dont watch it, you are uninformed.

2. The more responsibility you give govt, the more authority it takes.

There is a wide division in the country but in order for us to move forward together, something has to be destroyed first.

#67 Alberta Guy on 10.27.20 at 5:51 pm

Love that story about Fred, reminds me of an Uncle of mine who had a mixed farm in the foothills south west of Calgary. He also had a border collie who would go fetch
the cattle whenever told to do so, unfortunately when he got older and his eyesight and sense of smell started to fail him he decided to include a female moose with twin calfves in the mix. The moose didn’t take kindly to being included

#68 Joseph R. on 10.27.20 at 5:53 pm

“After yesterday’s post and comments, the tearing-apart and shredding of each other, the online unreality of our lives, the bickering, insults, conspiracies, pathetic polarization and geriatric swaggering, I was calmed to read his note. So shut up and do the same.”

————————————————————

The more you get to know humans, the more you will like dogs.

#69 Broader mind on 10.27.20 at 5:55 pm

Can we restart the lipstick and snorfling porker discussion . Seems a few years ago rates here so low that we (me) thought the real estate game had to bust . Maybe this time it finally will.

#70 Jay on 10.27.20 at 5:57 pm

Wait, what happened to the social media “leaked” email saying the government would forgive all debt on the way to a socialist utopia? I just financed a new Land Rover in anticipation for the big debt reset.

Now how am i going to pay for this?

#71 dave on 10.27.20 at 5:57 pm

We are living thru one of the worst financial disasters in modern history. Most everything is gone to the crapper…expect for obviously Amazon and other companies that boomed.

Why on earth is real estate booming…makes zero sense!

#72 Bob on 10.27.20 at 5:59 pm

Fred reminds me of Mike, my grandparents dog on the dairy farm 1/2hr east of Hogtown. Mike was a good collie with a bit of a goofy streak. He’d do something to tick my grandfather off and he’d get into the cussing real bad, unfortunately the hired man’s name was Mike also, so some awkward moments for Baba.

#73 Faron on 10.27.20 at 6:06 pm

#232 Bill on 10.27.20 at 3:30 pm

I have a lot of respect for that lifestyle.

#13 NewWest on 10.27.20 at 4:05 pm

Whatever happens, the chum will be back next year, the eagles will be scavaging, and the deer will be bounding through the neighbourhood looking to a quick meal. That gives me a certain amount of comfort and peace.

I lived in Glenora for a while. South bank of the Cowichan. Once while out for an autumn night walk I heart grunting sounds and looked up into the tree I was standing under to see a black bear cub munching apples. Left quickly as mom could be heard being gruff in the brush.

Another time running through the neighbourhood saw a huge bull elk standing in the front yard of a typical suburban house.

#74 Sara on 10.27.20 at 6:08 pm

#8 Faron
“Take care blog dogs. I know 90% of you hate me, but I mean no harm. My rabidness at you is a reflection of my own angst, frustration and failures and displeasure at working in solitude all these months. I think social media serves that role for many. Time to refocus.”

I don’t hate you Faron. Swoon. I think you are awesome. :)

Seriously though, it has been a breath of fresh air to read your educated, insightful comments. Not like the others.

#75 Reality is stark on 10.27.20 at 6:16 pm

The bond vigilantes will eventually run the place. As long as Trudeau spends enough of your money he’ll lose control of the country.
You can crow now about how happy you are to be a socialist and that government workers aren’t paid nearly enough but eventually you’ll be subject to high relative rates of interest.
That’s likely when you’ll stop waving your red flag.
Social programs are sacrosanct in this country and if need be an 80% tax rate is in your future.

#76 Dolce Vita on 10.27.20 at 6:19 pm

LEFT COAST. I told you so.

DURING Election:

COVID? It’s all good (Aside: Dr. Bonnie very quiet, test rates are at 45% of the National Average as in Count no evil, speak…).

YESTERDAY, After Election:

Dr. Bonnie: OMG we’ll all be killed, new cases out of control (test rates miraculously increase by about 2000 per million in a SINGLE DAY).

Imagine this in La La Land:

Testing ↑ New Cases ↑

Will wonders never cease? Wait until your testing rate increases to the National Average there BC, won’t YOU be surprised.

And here I thought it was the Supernatural Orcas shooing away the virus from the Norse Gods, like Thor and Odin, that dwell in the BC forest primeval and DT YVR.

————————-

Though, I like it that Dr. Bonnie picked Italia’s model of at home dwellers + no more than 6 others visiting. She could of gone for Boris’s 15 Max Mate Rule but chose Italia’s SEI. Looks like BC has the same national average dining room table seating size as Italia, who knew?

Not so sure that was such a good decision by Dr. Bonnie, new cases etc. in Italia this evening:

21994 up 4.1% vs. prior day (221 deaths, 1411 ICU, 17321 self isolation)

————————-

OK, THAT was CANADIAN VIRUS PORN.

#77 Bill on 10.27.20 at 6:25 pm

#8 Faron

I left you a quickie late on the last blog.

Re carbon tax increases….rest assured the gov will make sure nobody can afford to live. Most won’t retire on present financial trajectory…Just gov workers and the odd pension plan.
Hell most are broke now and don’t even know it.
Good luck to us all. T2 has a plan.

#78 Bill on 10.27.20 at 6:29 pm

#52 Ponzius Pilatus
————————————–
Head down ass up work 2 jobs, buy location RE get out of debt. Build and Fix everything yourself from houses to backhoes. Do what most people are unwilling to do like work 3 days without sleep to accomplish and important task.
Watch most people and do the opposite and listen to humble successful people.
In a nutshell.

#79 Mjr Major on 10.27.20 at 6:31 pm

Not so sure about those cows…

Corb Lund and “Cows Around”:
https://www.youtube.com/watch?v=_IW0qnnlCI0
https://genius.com/Corb-lund-cows-around-lyrics

#80 Long-Time Lurker on 10.27.20 at 6:31 pm

>My contribution to the mayhem. I missed yesterday’s.

Zoolander 3. Script update.

Location: The halls of Parliament.

Prime Minister Zoolander and Chrystia Peron hurry to a press meeting.

Prime Minister Zoolander: “Where’s my script? We’re already late. I haven’t read it yet.”

Chrystia Peron: “Don’t worry. I got the assistant to put it on the teleprompter.”

They reach the press gallery.

Assistant: “Sorry, Ma’am, but the teleprompter broke down.”

PM Zoolander: “Oh no. What do I do?”

Chrystia Peron: “Don’t worry. Just come up with something.”

The press awaits as PM Zoolander approaches the podium.

As he walks up, the narrator reads the script he was to read:

“My fellow Canadians, since March of this spring we have lived through one of the most momentous events in history: a global pandemic of a scale never seen in a hundred years.

We have done well in our battle against this invisible and insidious enemy but the war is not over and we must continue our efforts to defeat this most deadly enemy of humanity.

It is with that I ask you to strengthen your resolve and help one another in this most harrowing of times.”

Prime Minister Zoolander walks up to the podium and after a brief prime ministerial pause says…

“This pandemic really sucks.”

#81 Dolce Vita on 10.27.20 at 6:36 pm

Some EXCELLENT NEWS today from AstraZeneca Cambridge UK.

They FINALLy came out with what the IMMUNE response is that their vaccine induces (works for young and old):

1. Antibody (last about 2 months, why you get the Cold repeatedly)

2. T-Cells that nuke infected cells and the damn virus with them (MOST IMPORTANT)

T-Cells have MEMORY. For example, that other coronavirus SARS, T-Cell testing of those infected that lived, T-Cell memory still ACTIVE:

17 YEARS LATER!

So, bring it on.

Maybe, just maybe by mid-2021 humanity can say Bella Ciao to COVID-19…well, for at least 17 years…enough for a robust RECOVERY and new ECONOMIC CYCLE.

That’s the kind of VIRUS PORN I like, yes indeed.

#82 Don on 10.27.20 at 6:46 pm

DELETED
Do not copy/paste a plagiarism like that here again. – Garth

#83 Linda on 10.27.20 at 6:53 pm

Fred is one heck of a good looking pup:) Love the color & since it was from an old photo you know it isn’t ‘fake’!

If I were in the market to purchase, still wouldn’t look at buying a condo, no matter how desirably placed. Have no desire to become a landlord either.

#84 akashic record on 10.27.20 at 6:53 pm

Censorship creates self-censorship.

The last place I was expecting to meet this again was in North-America.

When you have a useful comment, it is published. – Garth

#85 Ponzius Pilatus on 10.27.20 at 6:56 pm

#77 Bill on 10.27.20 at 6:29 pm
#52 Ponzius Pilatus
————————————–
Head down ass up work 2 jobs, buy location RE get out of debt. Build and Fix everything yourself from houses to backhoes. Do what most people are unwilling to do like work 3 days without sleep to accomplish and important task.
Watch most people and do the opposite and listen to humble successful people.
In a nutshell.
———————
Not what I meant.
Every hero has a weakness.
Or are you like Trump, who’s perfect also.

#86 TurnerNation on 10.27.20 at 7:07 pm

Cannot emphasize this enough. It’s a mere 15 days till 11/11 and on 11:11 that day. (Someone sure loves 11.)
And we have citizens in this country protesting for the basic freedoms, for capitalism. What’s wrong here? And in each of the (former) First World countries, too.
Footage from Toronto:
https://www.youtube.com/channel/UCFnm7oQPDYhXA-JnXmCszdQ

….
As this is a Boomer music blog. Their lyrics were right on for today.

Takin’ It to the Streets
The Doobie Brothers
You don’t know me but I’m your brother
I was raised here in this living Hell
You don’t know my kind in your world
Fairly soon, the time will tell
You, telling me the things you’re gonna do for me
I ain’t blind and I don’t like what I think I see
Takin’ it to the streets
Takin’ it to the streets
Takin’ it to the streets

#87 jess on 10.27.20 at 7:11 pm

“According to a Yale School of Management report (the Report) issued on September 21 of this year and entitled: “Despite Stated Exclusion, the Fed Is Buying Bank Debt,” the Federal Reserve is defying its own public commitments and buying bank debt with the money that Congress allocated to it in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Congress allocated $500 billion to the Federal Reserve and the Department of the Treasury with the intent that the Federal Reserve and the Treasury use those funds to minimize the financial downturn sparked by the coronavirus pandemic.3The Federal Reserve put a large portion of those taxpayer dollars into a lending facility called the Secondary Market Corporate Credit Facility (SMCCF), initially funded with $25 billion.4The bundles of securities that the Federal Reserve has been purchasing with the money in the SMCCF are called exchange-traded funds (ETFs). Steven Kelly writes in the Report: “a close review of its holdings reveals that by buying exchange traded funds, [the Federal Reserve] has indirectly bought $2 billion of bank bonds—over 15% of its total corporate bond holdings.”5Per a report issued on September 8 by the Federal Reserve, the SMCCF holds over $12 billion incorporate bonds and corporate bond ETFs

https://porter.house.gov/uploadedfiles/10.21.20_ltr_to_powell_re_etfs.pdf

Steven Kelly, “Despite Stated Exclusion, the Fed Is Buying Bank Debt,” Yale School of Management: Program on Financial Stability(Sept. 21, 2020) at: https://som.yale.edu/blog/despite-stated-exclusion-the-fed-is-buying-bank-deb

love it when she grills jp answer”don’t know have to think about
Congresswoman Katie Porter grills billionaire CEO over pay disparity at JP Morgan
https://wallstreetonparade.com/2020/10/congresswoman-katie-porter-says-fed-is-playing-kingmaker-on-wall-street-and-appears-corrupt/

#88 S.Bby on 10.27.20 at 7:12 pm

Dave took the picture thirty years ago and sent me this scan from an old 35mm slide.

It looks like Kodachrome film. Nice colours.

#89 GrumpyPanda on 10.27.20 at 7:17 pm

When I was just out of diapers my Dad came home and asked my Mom where my older sister was. “Outside with Laddie.”. That was our border collie.

“The bull’s out.” said Dad and high tailed it back to the bush.

My sister managed to get the yard gate undone and wander back to the rear field. There my Dad found
my sister picking flowers while the Holstein bull was kept in a corner of the field by the dog he was afraid of.

Dad says he could have kissed him. He never would have
told us if he did.

#90 George S on 10.27.20 at 7:19 pm

Years ago I was visiting someone on a cattle farm. They had a dog named Fred. The little boy was named Fred, his father was named Fred and his grandfather was named Fred. They were “good old boys” and kind of bratty. They found it hilarious that when they did something wrong and one of the women was yelling “Fred, get here right now” only the dog would go.

People need to stop with social media. It is destroying people’s lives. It makes everything seem like some major problem when it is nothing.

One of the things that should be happening is that instead of reading up on some absurdly stupid bullshit conspiracy crap is people should be looking back in library archives of old newspapers and magazines and following up on news stories and seeing how all those stories and all that information turned out. There are amazing stories. Remember all the satanic child abuse that was supposed to be going on in the 1990s? Look it up, I bet you will find out that it sounds really familiar. How did that work out for them?

It is really easy to ignite mass hysteria, once it is ignited though, it is hard to put out.

I have an interesting cookbook, in one of the recipes the author suggests using your phone to see if the oil has reached the proper temperature for deep frying by dropping it into the oil and when you see the corners melting and curling up and feel a sense of relief the oil is ready. That is my recipe for you.

#91 S.Bby on 10.27.20 at 7:21 pm

Democratic presidential candidate Joe Biden is leading President Donald Trump by nine percentage points in the polls, according to Ipsos.

IDK if a 9 point lead is pointless?

#92 Eco Capitalist on 10.27.20 at 7:25 pm

If by cattle you mean a great many cuts of beef for the freezer, I’m in!

#93 Timmy on 10.27.20 at 7:27 pm

COndos aren’t cheap in Vancouver

#94 Faron on 10.27.20 at 7:28 pm

#77 Bill on 10.27.20 at 6:25 pm

Thanks for the heads up. Yeah, I blew the #s on that last one by a factor of 10. 100KW hr at $0.08 gives $8.

Can we agree to stay open minded and to question slickly produced media from any source?

Sounds like you have a good set up there in CR (if I’m not mistaken).

#95 Ronaldo on 10.27.20 at 7:32 pm

Meanwhile back at the ranch.

https://www.youtube.com/watch?v=gY_KujhVW6s

#96 Drinking on 10.27.20 at 7:33 pm

Today my brother and I were in Ghost country, N.E. of Cochrane A.B. on crown land where the foothills meet the Rockies doing a little target practice. Weather was beautiful, cows are fat, everyone had a big smile on their faces, absolute perfect day!

#97 yvr_lurker on 10.27.20 at 7:33 pm

#75
That’s likely when you’ll stop waving your red flag.
Social programs are sacrosanct in this country and if need be an 80% tax rate is in your future.
————————————-

From this post, it looks like you have eaten your daily lump of coal. At least this post did not rail on the failings of the divorce courts. Perhaps getting a puppy could bring just a little cheer.

#98 jess on 10.27.20 at 7:42 pm

10/26/2020
Amazon’s Massive Chicago-Area Expansion Was Fueled By $741 Million From Taxpaye…

“Amazon has been quietly cutting such deals in and around Chicago since 2015, winning tax breaks and public incentives to build 36 warehouses as part of its nationwide effort to expand its own distribution system, cut its dependence on rival shippers like the U.S. Postal Service and bolster its famous promises of next-day delivery. To help pay for its vast expansion, the company and its developers have won at least $741 million in taxpayer-funded incentives in northeast Illinois alone, according to a Better Government Association/WBEZ investigation.”

More here.
https://www.goodjobsfirst.org/news/amazons-massive-chicago-area-expansion-was-fueled-741-million-taxpayers

#99 Drill Baby Drill on 10.27.20 at 7:51 pm

Beautiful photo of the cow dog. Great farm dog story also. I believe that interest rates will climb in Canada much sooner than the USA. Canada has no economic plan B nor any financial clout to counteract higher demand bond rates due to our relatively poor credit profile.

#100 The Totally Unbiased, Highly Intelligent, Rational Observer on 10.27.20 at 7:53 pm

The November 4, 2020 presidential election result in the USA was obviously the work of Fate and Destiny and all the rest of those fun guys and gals who voted correctly in line with good history. Any other result would have made for some very bad history.

Significantly, or maybe not, even a drunken alien that crashed at this Blog told Garth that Donald J. Trump was going to win the election (Note: never fly drunk). Or, maybe it was just someone who was so drunk that he thought he was an alien, or even worse, thought he was a writer (Note: never write drunk). Either way, the result is still the same. The Great American Hero, Donald J. Trump, wins in the end. That is how all truly great literature ought to end, both fiction and especially non-fiction.

Anyway, it is hard to believe that Garth resisted the urge to rummage through the wreckage of the crashed Plasma Flier in search of the payload Earth History Cylinder for 2020-2030 full of Destiny Crystals. By merely arranging the Destiny Crystals in the correct order, he could have known history in advance. He tries to leave the impression that he never even remotely thought of doing anything like that, but I am suspicious.

Considering these stories that are even now being spread around, Garth’s claim not to know who would win the 2020 presidential election in the USA does, indeed, seem rather far-fetched.

————

Notes to self:

Earthlings seem to get “all worked up” about their elections.

Try to resist submitting this comment until well after November 4, 2020.

Do some knitting for the next little while.

Wash spaceship.

Take out trash.

#101 Nonplused on 10.27.20 at 7:55 pm

“Hey, maybe we could buy some cattle. Who’s in?”

Have you any idea how much quota costs? Originally designed to protect farmers, it is what caused the small family dairy farm to all but disappear. Sure, selling it to the factory farms paid for many a dairy farmer’s retirement, but the stuff became so expensive there was no way to keep it in the family when the old man retired. Also it’s a tough life running a farm by yourself. Up at 5 am every morning to milk at 6 and then milk again at 6 pm 7 days a week makes for long days. Not for me.

#102 baloney Sandwitch on 10.27.20 at 7:57 pm

The possibility of a civil war in the US keeps on rising. https://www.rasmussenreports.com/public_content/politics/current_events/social_issues/40_of_gop_voters_think_civil_war_likely
Maybe we should be adjusting our asset allocation more towards Maple and ex-US global. Thoughts?

#103 TurnerNation on 10.27.20 at 8:02 pm

The nipper? No win one for the Gipper. (Dating myself with that reference)

#104 Nonplused on 10.27.20 at 8:04 pm

#25 Trudeau’s Magic Money Machine on 10.27.20 at 4:35 pm

Debt doesn’t really matter anymore. MMT will solve everything.

Money is just a concept anyway, it only has value because we collectively all believe in it.

If you think Justin and his friends are gonna mess it all up you are so wrong, he’s a really, really………..really smart guy. Trust me.

————————–

You forgot to type “sarc/off” again.

Money is valuable because it is scarce. The more of it they print, the less it is worth, until a magic moment occurs when nobody wants to hold it for any length of time anymore. Then it becomes worthless very quickly.

#105 Reynolds 531 on 10.27.20 at 8:10 pm

#58 Cowtown Cowboy

No everyone in Toronto voted the wrong way. Just like everyone shouldn’t be us vs them. It’s not Calgary vs Toronto.

Label the pumps and I will always buy Canadian oil.

#106 Bill on 10.27.20 at 8:11 pm

#85 Ponzius Pilatus

I get it but I don’t talk about weakness…fake it till ya make it. Anyone that tells you that they don’t is full of crap and if they don’t I guess their God.

Sometimes you need to grab a bottle of rum, go hide and have a cry. Its ok if no one sees ya.
The next day you reset and start over.
As for Trump I admire him as he is one tough SOB. Hes got big gonads.

I don’t trust anyone anymore. I just sued a renter for $180,000 for bailing on a lease. It was a 2 year pain in the ass. Success is not easily achieved…to say the least. A challenge…give some a pile of cash and see how long before they lose it. Making moneys easy holding it and growing its a bitch.
Had a big hi-shot broker in 2007 I sold one of my businesses let him invest it and he near margarine me for 1.2mil. That was real money then….He had to get the cops to deliver a cease and desist on me as I was going to #$#% him.
Just put those pants on in the morning and do you bloody best till you drop.
I’m just a nobody that’s works 80-90 hrs weeks. Its paid of in spades. I help all the friends and family I can when I have spare time.

#107 Diamond Dog on 10.27.20 at 8:14 pm

To offer some further perspective here… I don’t think we’ve seen the kind of division we see now in U.S. politics, certainly in how its spilled over not just in social media but on the streets. When have we ever seen science contested the way it has been? It’s not just science or facts, its decency. This isn’t accident, its by design.

When a government fails and it’s leadership is too dishonest to own it, the primary goal in messaging is to label your opposition as just as or more corrupt than you are. If it succeeds, its “better to go with the devil you know” and exaggerate your accomplishments to a win. This is the war room strategy we are witnessing now in the U.S. election from Republicans. It’s a full on distortion of facts and reality itself because that’s what it will take outside of voter suppression and cheating to win.

We can’t just turn off the channel because it doesn’t resemble anything normal or real, we have to call it out for what it is. PROPAGANDA. If we think propaganda doesn’t work, or its not worth following to understand how and why it works because its a turn off, then we deserve everything that follows next and this man knows it well:

https://en.wikipedia.org/wiki/Rupert_Murdoch

Reality is both beautiful and ugly at the same time. To style our lives in the existence of one while turning a blind eye to the other is to distort reality itself. I’m saying, look. Look at the spectacle and call it out for what it is. Of course its a turn off. Of course there’s plenty about it that sucks. But, its reality, as exhausting as it may be to watch it and that’s the point.

Anyone who is educated and has any kind of moral compass and decency who can watch a Trump rally as an example from start to finish understands why that is but we have to do at least one if we want to understand why it succeeds in its own context. Trump is a demagogue preaching to an all white, mostly uneducated crowd. This is Trump’s base. If Liberals don’t like what they see, then work harder to educate the generations that follow. Here, if you can only give it a few minutes and need someone to help spoon feed it to you, try this guy:

https://www.youtube.com/watch?v=iqeb1LgDqmI

I think of past Demagogues in history and Mussolini comes to mind not just because of how he crashed and burned with Nazi Germany but because he was popular and largely uncontested in his rise to power. We don’t have to read Mussolini’s lips to understand the appeal. He’s your crazy uncle, the stand up comic heavy on braggadocio and putdowns that relates to “base”.

https://www.youtube.com/watch?v=daOYB66xKA4

https://en.wikipedia.org/wiki/Benito_Mussolini

“Mussolini and his followers consolidated power through a series of laws that transformed the nation into a one-party dictatorship. Within five years, Mussolini had established dictatorial authority by both legal and illegal means and aspired to create a totalitarian state.” – enwiki

Mussolini is an example of why we don’t look away from what is happening in the U.S. right now. We don’t look away because when we do, we aren’t aware of just how bad it is and as consequence don’t contest it. Demagogue’s aren’t just there to enrich and steal, they are there to consolidate power and with 6-3 conservative SCJ’s in the supreme court and enablers like Mitch McConnel and Murdock (demagogues never do it alone), a Demagogue like Trump can change enough laws to do the same thing in the U.S. if given the senate and a second term.

If any state elections in U.S. are close enough to be contested right now, we should already know how it will go down in the courts. With voter concentration high in Cali and New York state, couple voter suppression in Republican governed states/legislatures and a politicized supreme court and an 8 point Biden lead may not be enough to win. How would you like to live in a nation where the leader who has an 8 point lead doesn’t win? We may witness that and the division on steroids that follows. Logic says no, but these are not logical times. I mean, I think Biden will smoke Trump but do I really know this? No. Am I nervous over it? Yes, because I know the consequences if Biden doesn’t win.

All I’m saying is, don’t look away and remind yourselves that the same uneducated white Canadians support Trump here in Canada. I can tell you with all certainty, Conservatives in Canada do not want to hitch a ride with that wagon and one final thought, we’ve heard it before but it bears repeating. Moody’s, Goldman Sachs and JP Morgan have indicated Biden will be better for the economy. GS indicated a Dem sweep of the houses is the best economic result going forward. There’s a reason why these entities have taken public positions like this. It’s not about policy or taxation, its about political stability, Goldman basically said as much. I’ll remind, JP Morgan, GS, Moody’s, these entities haven’t been known historically to support Democrats. Why, because political instability is nothing short of toxic to the markets or more to the point, it never ends well for demagogue economies and history knows it well.

#108 Nonplused on 10.27.20 at 8:26 pm

#43 Shirl Clarts on 10.27.20 at 5:03 pm

“There is no future in Oil… for anyone.”

Well, then there is no future for anyone. We don’t have anything else that works at scale right now. As the oil runs out, society will have to revert to a lifestyle similar to the 1700’s and similar population levels as well. There is no good news when one looks that far into the future unless small nuclear (GenIV) or maybe fusion takes over. Toy windmills and solar panels aren’t going to do it.

#109 crowdedelevatorfartz on 10.27.20 at 8:27 pm

@#232 Bill
“Not bad for a red neck idiot eh?”

+++

Apparently having “all the marbles” and no useless University diplomas IS a win!
Well done.

#110 crowdedelevatorfartz on 10.27.20 at 8:40 pm

@#74 Swooning Sara
“I don’t hate you Faron. Swoon. I think you are awesome. :)

Seriously though, it has been a breath of fresh air to read your educated, insightful comments. Not like the others.”

++++
Oh Sara, thy compliments to Faron are denigrated with poo flinging at the rest of us rabble..

I too, dont “hate” Faron.
Disagree?
Yes.
Mock?
Absolutely.
But I must admit Faron has a certain , annoying, truth to his(?) her(?) arguments…

I would miss the long winded, eloquent, counterpoint positions Faronista takes …..
So IF the “SO” manages to win out and they purchase a debt crushing, internet fee debilitating, condo…..
It would be sad.
No more Faron.
And Apocalypse2020 just doesnt cut the mustard on my internet hotdog…..

I’m getting a little choked up at the thought of that so I’m going to leave now…….(sniffle, snort, blubber)……

#111 KLNR on 10.27.20 at 8:46 pm

great blog today Garth.
I generally tune out anybody that bemoans left winger this, right winger that. Ideology is for idiots after all.

#112 Bill on 10.27.20 at 8:55 pm

#94 Faron
Can we agree to stay open minded and to question slickly produced media from any source?
——————————————
Good guess, PR and Courtenay.
Ya just a big CYA for me and setup for a societal blow out…no guarantees on anything.

And absolutely….media is a big part our issues.
The energy details of that video have a lot facts to them. There no free lunch with the green energy revolution. The amount of O&G to produce my EV is staggering. Plastic and metal all O&G then you gotta charge the bugger (sources vary with location).
The auto industry is a disaster. Throw away cars. They gotta keep selling these things…eye candy. I just sold a perfectly good 30 year old Volvo had it 20.
Built in obsolescence is a big part of energy waist. Nothing lasts anymore.
That’s a problem in my books. We could start there.

#113 Faron on 10.27.20 at 8:56 pm

#102 baloney Sandwitch on 10.27.20 at 7:57 pm

That survey is 4 months old and was conducted at the height of protests. I wouldn’t say the odds are rising, nor were they ever all that high.

If you want to “play” the market, you should look at strategies to capitalize on that fear while keeping an eye on the long game that says the US will be fine and 2H21 will be nutso to the upside.

#114 Flop... on 10.27.20 at 8:56 pm

#195 Ponzius Pilatus on 10.27.20 at 11:43 am
#182 Choice on 10.27.20 at 10:28 am
My family are proud Americans. To the other dual citizens if you hate America then show some courage and renounce your American citizenship. Sniffing how great it is in Canada while you keep the door Key is hypocritical at best.
———————-
Even better.
Ban all dual citizenships, except in special cases.
No more double dipping.

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

Double dipping?

You mean like when I pay into retirement funds in each country at the end of each month…

M46BC

#115 Ustabe on 10.27.20 at 8:57 pm

Getting colder outside. On my daily walks I see people wearing gloves and coats.

I did my research and found that only 8,000 people die from hypothermia in Canada in a year.

.0002% of the population. They live in fear of something that 99.9992% of the population won’t die from!

It gets better, some of those folks who did die were actually wearing gloves and coats!

Coats don’t work. Study it out!

#116 Aqui on 10.27.20 at 8:58 pm

Dolce,

No mention of the protesting in Italia?
Milan, Turin and Rome?

What gives?

#117 westcdn on 10.27.20 at 8:59 pm

One thing I wanted was a family. My 2 daughters would cry because I said no yet I was always behind their back. They surprised me, good times – 2 grandsons and 3 granddaughters. I think they will be a great add to peoplekind.

On to money. I am a small player. Yet what I earn keeps me alive – for now and intend to keep it that way.
I am winding down my registered retirement plans to put into non registered. I don’t like the tax bite but I am careful. I have been selling a few of my winners (options worked out well for me) so I will sell sell a few losers to keep the tax bite less.

I wish I knew what T2 has planned for me. I am keeping capital losses in reserve.

#118 jake on 10.27.20 at 9:00 pm

The central banks are at fault for cheap money and expensive housing. I can easily buy now since I have cash but refuse to do so until prices come down. Probably many more like me. In summery: BOC is ENCOURAGING me NOT to spend money.

#119 Nonplused on 10.27.20 at 9:02 pm

#98 jess on 10.27.20 at 7:42 pm

I see you are making the same mistake AOC did when it comes to confusion tax breaks with actual subsidies. Mostly what Amazon negotiates is a deal to not have to pay property taxes on a new warehouse for 10 years, which represents taxes they weren’t paying before already. It doesn’t actually cost the taxpayer one thin dime, and when the ten years is up then extra tax revenue that wasn’t there before begins to flow.

This is basically the same sort of proposal the Flames have in front of Calgary city counsel. “We’ll build a new arena and field house if you don’t tax it for ten years.” I’m not sure it is a good deal for the city though because then they will lose the major tenant at the Saddledome and McMahon stadium.

This sort of stuff goes on all the time.

#120 3s on 10.27.20 at 9:11 pm

Great reminder to make memories count – I’m in!

#121 baloney Sandwitch on 10.27.20 at 9:13 pm

Good interview with Maher.
https://www.youtube.com/watch?v=i6iitbygobQ

#122 Flop... on 10.27.20 at 9:15 pm

This could be the financial version of saying you voted Democrat, when you actually voted Republican.

Here’s what Americans say they’ve been spending the government stimulus money on.

Savings: 36%

Debt repayment: 35%

Consumption: 29%

They are ready for another round.

Keep that printer plugged in…

M46BC

Here’s How Americans Would Spend a Second Stimulus Check vs. The First One.

“When the coronavirus brought the world economy to its knees, the US government opened the floodgates of spending. The feds added an extra $600 to weekly unemployment benefits, spent hundreds of billions on a Paycheck Protection Program (PPP), and sent out $1,200 per adult (plus $500 per child) to millions of people. With the US Congress actively negotiating with the White House on a new stimulus package, how did Americans spend the first round? And what would they do with a second stimulus check?

Our visualization makes clear that this would be one of the most ineffective ways to stimulate the economy. In the first round of stimulus checks, Americans socked away 36% of the payments directly into their savings accounts. They spent another 35% retiring debts, and only spent the remaining 29% on consumption. This means that 71 cents out of every dollar the government sent to Americans didn’t actually stimulate the US economy, which relies heavily on personal consumption for growth.”

https://howmuch.net/articles/stimulus-checks

#123 Paul on 10.27.20 at 9:16 pm

#84 akashic record on 10.27.20 at 6:53 pm
Censorship creates self-censorship.

The last place I was expecting to meet this again was in North-America.

When you have a useful comment, it is published. – Garth
————————————————————————————————
So there!!!!

#124 forgotmyusername on 10.27.20 at 9:20 pm

#31 FreeBird on 10.27.20 at 4:44 pm
Talked with an old friend about all that’s going on and we disagreed on some things. This used to be OK even constructive along with simply agreeing to disagree which we did. Why? We heard the other’s reasons out while respecting the right and freedom to hold and express diff views. It takes practice but you learn more and avoid needless confrontation esp when most are on edge anyway. Fight to be right or choose peace? We agreed talking like that was now hard. If you don’t agree you’re the other not to be trusted (or crazy) and object of anger prob from my fear. We’ve lost looking for middle ground, nuance or context. It’s right or wrong (or politically incorrect). We have a long way to go. I’m def not perfect and have work to do. Maybe blogs like this and those like Dave and dogs (animals) like Fred can help. Let’s hope. I don’t have a dog in US race so agreeing to avoid names is easy.

———–

Beautiful.
Amen to more of this!

#125 Why dogs are better than cats on 10.27.20 at 9:26 pm

#5 Felix on 10.27.20 at 3:39 pm
No, don’t get a dog. A problem, not a solution to anything

———————————–
Thanks Felix. Next time I’m looking for a pet that I can’t take anywhere on walks or adventures, that shiites in my house with a stench worse than a rendering plant beside a pulp mill and that is indifferent to most everything, I’ll be sure to trade my dog in.

In the meantime, I recommend you read the book that adorns the coffee table above my six car garage… https://books.google.ca/books?id=SHsPmtzOC1kC&printsec=frontcover&dq=why+dogs+are+better+than+cats&hl=en&sa=X&ved=2ahUKEwiupoaJj9bsAhXSPn0KHZZwCLgQ6AEwAHoECAAQAg

#126 Howard on 10.27.20 at 9:34 pm

Reports say Macron will announce a new lockdown for all of France beginning Thursday evening, for a duration of 4 weeks.

I believe that widespread European lockdowns will be followed within a month by lockdowns in Canada and the US, just as occurred earlier this year. Expect tempers to flare.

#127 Flop... on 10.27.20 at 9:35 pm

Faron, you should probably read one of my posts from earlier this year…

M46BC

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

#86 Flop… on 06.17.20 at 8:33 pm
Straight Talk with Prominent BC Realtor on 06.17.20 at 7:22 pm

“And if you can take your income on the road, you know towns like Oliver, Nelson, Kalso, Salmon Arm – all these little gems around BC with amazing beaches and lifestyle are going to fill up with millennials fleeing expensive locations like Vancouver and joining retiring boomers who have for years scouted these places and moved in for retirement. And when you move to these areas you can afford a nice house with a yard. The kids will love the organic grass and fresh water lakes that are crystal clean.”

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

I really like the area around Nakusp, Rosebery, New Denver.

Don’t know if I could live there full time, maybe in 20 years my tune will change.

I looked to see the first decent one that could be updated in downtown Nakusp, where you could walk to shops and restaurants.

350k, spat out the machine.

Doesn’t sound bad when compared to Vancouver, but if I did some research to see what it was when I first visited, I would probably blackout.

I was camping in the Rosebery campground once and walked across the road to a beach with a private dock.

I didn’t go on the dock, but was near it, a guy came out and I thought he was going to to me to hit the road.

Wrong, he was super friendly, I guess talking to new people in a small village keeps you ticking over.

We got to talking over a beer and he said he’d been looking over near Fernie and some of the other more renowned places and said he couldn’t believe he could have lakefront in between Nakusp and Nelson for so cheap.

Another bit that stuck in my head was, he said he did a lot of research and couldn’t find why the area wasn’t more popular, and thought that something was wrong.

Solid access road, hospital nearby, shops and restaurants nearby, yada, yada.

The cherry on top, and this is important if you want to enjoy the water, not just ogle it, temperature.

The temperature of Slocan Lake in the summer is spot-on.

Arrow Lakes, for that matter too.

The guy was right, nothing wrong with that area…

M45BC

https://www.royallepage.ca/en/property/british-columbia/nakusp/417-9th-avenue-nw/12212755/mls2452293/

#128 OK, Doomer on 10.27.20 at 9:39 pm

#91 S.Bby on 10.27.20 at 7:21 pm
Democratic presidential candidate Joe Biden is leading President Donald Trump by nine percentage points in the polls, according to Ipsos.

IDK if a 9 point lead is pointless?

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

It depends. If the poll is properly designed, it can be useful. But a poorly designed poll is only useful to a dog.

Polls that have Biden far ahead all have one thing in common; they significantly oversample Democrats. And now it’s becoming common knowledge that Trump supporters are lying to pollsters and faking Biden support. As one commenter calls it “The biggest, funniest dad joke of all time”.

As one who loves dad jokes, I agree.

#129 Ponzius Pilatus on 10.27.20 at 9:45 pm

#88 S.Bby on 10.27.20 at 7:12 pm
Dave took the picture thirty years ago and sent me this scan from an old 35mm slide.

It looks like Kodachrome film. Nice colours.
——————-
Definitely Kodak.
Soft, schmaltzy colours for Kodak moments.
I preferred Fuji, more lifelike.

#130 Mark on 10.27.20 at 9:47 pm

Garth, can you or your fancy advisors, tell us about the digital currency there about to roll out and ramifications, this makes physical cash extinct??
I here in next 24 months.
Ty.

#131 akashic record on 10.27.20 at 10:18 pm

#84 akashic record on 10.27.20 at 6:53 pm

Censorship creates self-censorship.

The last place I was expecting to meet this again was in North-America.

When you have a useful comment, it is published. – Garth

I am not talking about myself. I have fulfilled all the publishing needs my ego wanted, long time ago. I enjoy most the silence now.

#132 crowdedelevatorfartz on 10.27.20 at 10:21 pm

@#130 Photographer Pilatus
“Soft, schmaltzy colours for Kodak moments.
I preferred Fuji, more lifelike.’

+++
YEARS ago I enjoyed buying film, putting it in my camera, discovering “the shot”, taking a picture, filling the roll of film, sending the pictures to be developed, getting the pictures back, paying exorbitant development fees……and then realizing….50% of them sucked.

Kodak highlighted yellow and red ( because most people snap sunrises and sunsets) hence the great shot of the Collie in the sun.

Fuji highlighted blue and green ( the color of money, mountains and water)

Either way, my Pentax camera and various lenses are looooong gone…….as are the film and development fees.
Digital photos are inevitable.
Time to join the 21st century Ponz…….

#133 SmallTownSteve on 10.27.20 at 10:23 pm

We just got a Rottie pup, German bloodlines.
Sire is 145, Dam is 126. Beautiful pup!

#134 William R Drury on 10.27.20 at 10:24 pm

I aplaud your message today.
Regards

#135 Yuus bin Haad on 10.27.20 at 10:27 pm

Cows? I’m in if it’s for rescue horses

#136 the jaguar on 10.27.20 at 10:35 pm

What a gem. Beautiful, alert, vigilant. Fred was wired to serve and protect. One wonders why humans are any different in this regard.
Explains why the great Bankers are Scottish and Norway kicks ass at the winter Olympic Games.
Maybe the real solution to many of our problems might just be admitting it and focusing on our individual talents. Radical thoughts in a woke age.
I miss Fred too reading the words of his beloved caretaker and other Collie memories…

#137 Bill on 10.27.20 at 10:40 pm

#104 Nonplused

Money represents storage of productivity labor and a store of value.
You earn it and park or invest it.
But In 1971 they removed the gold standard….anyone that didn’t like that policy is now going to feel the wrath of the disappearance of that. No more store of value it is. They want you to spend it NOW and that the velocity of money. No velocity BIG TROUBLEs.
Massive debasement of currencies destroys the middle class. Wages don’t keep up.
That’s why golds $2,500 CND now and going higher. I personally bought a lot at $330 USD oz 2001.
I will never sell my metals or RE….no mater what happens. You need a heavy depression to devalue those assets.
I know Garth hates the PMs but sooooorrrry they have their place. If we had a central bank that didn’t park their ass on the easy button hell I’d dump the shinny stuff and wander elsewhere.
Hold your RE, gold and good quality stocks. You can have crap economy but while they print uncontrollably and in real terms all these tangibles can all rise against paper or digital zeros.
But most here know this thankfully.

Weldon gets it. Top guy in the US no doubt about that.
https://omny.fm/shows/money-talks-with-michael-campbell/greg-weldon-interview-of-the-week

#138 cuke and tomato picker on 10.27.20 at 10:47 pm

About places to live – I have lived in the South Okanagan for 59 years also went to a university in Nelson BC FOR 4 years and a summer school worked in northern BC FOR 1 year then back to the South Okanagan. We now live in
Central Saanich. We feel this is the best place for us.

#139 Teetime on 10.27.20 at 10:47 pm

The story of Fred the clever hard working cow herder reminded me of a couple of Border Collies from my childhood…Rex and his successor also named Rex. At evening milking time Rex would corrall scattered cows into line at the sound of Opa’s “sic em” command. My Grandparents’ Pretty River Farm is a housing development now.

#140 willworkforpickles on 10.27.20 at 10:49 pm

To take the theme of today’s blog a step further would be touching on a bigger picture that most fail to see.

Those who wish not to see or refuse to see – the bigger picture…disregard the remainder of this post.

Consider the truth in the lesson where violence begets violence as much as evil begets evil for starters and you will begin to see what lies behind the downward spiral of today’s societal and economic slide.
We have a society that is drawing further and further into chaos that can’t be fixed. Pushing beyond the point of no return.
As economic debt madness prevails, and tempers reach a perpetual touch and go state of mind, anger and violence throughout regular society can explode with the tiniest spark. Subsequent consequential and mounting evil grows greater.
Believing the economy will normalize and the virus will go away in 2021 is an example of not seeing the real deal, or just ignoring it (virus will fade – but its coming back)
The stage for great disappointment to come is being set. When our rulers – masters of disaster fail to fix the economy anywhere near quite as planned or hoped…we will see next in a society that has developed a hair trigger temper an escalation of violence with a dose of hell and unmatched evil come hard on its heels like we’ve never seen on NA soil before..
We are entering the death spiral of a nation about to pass the point of no return.
We are no different regardless of technical advance than all other past empires who destroyed themselves from within who couldn’t reverse their coming demise after crossing that fateful point.
You can believe the lies or not. You could look at the big picture if you like then realize evil has taken full control of society and won’t get fixed at this late stage.
The beginning of the end is upon us.
What is wrong with everything? This is the explanation!
It Begins.

#141 paul on 10.27.20 at 11:37 pm

Looks like the Black Friday shopping has started already in Philadelphia. Sad.

#142 SoggyShorts on 10.28.20 at 12:03 am

#131 Mark on 10.27.20 at 9:47 pm
Garth, can you or your fancy advisors, tell us about the digital currency there about to roll out and ramifications, this makes physical cash extinct??
I here in next 24 months.
Ty.

******************
You don’t need a fancy advisor to tell you that however “they” are, they’re not rolling out anything that will make cash obsolete in the next 2 years no matter what you hear.

I’m all for a cashless society, but it’ll be a while yet, and it won’t be some new digital currency, just the ones we already have like CAD and USD (which are already so digital I haven’t used cash in Canada in over a decade and I only use USD in Mexico for tips)

#143 Wrong, sorry on 10.28.20 at 12:13 am

Fauci changed his position as the pandemic worsened. Seems reasonable. He is a big mask advocate now. You wear a mask, right? – Garth

—————————–

No Fauci’s a hypocrite. He’s been caught plenty of times recently not wearing one like our own joke of a health minister the other day, on social media.

#144 Sail Away on 10.28.20 at 12:19 am

I haven’t a clue about Biploc or Qanon. Or any interest.

One week of chukar hunting down, one to go. Temps dropped to -15 this week- yow! In the tipi, the dogs curl up right next to the roaring stove while we sit at the table playing crib and drinking rye. Perfect temps for the dogs to work all day.

Chukars always run uphill before flushing at the peak. Fantastic exercise for all of us! Then the blue grouse always fly downhill. If you can concentrate on the flying bird’s eye, you’ll hit him every time and will be unaware of shouldering, tracking and firing. Magical. Well, except for the bird.

#145 Sail Away on 10.28.20 at 12:30 am

#110 crowdedelevatorfartz on 10.27.20 at 8:40 pm
@#74 Swooning Sara

————

“I don’t hate you Faron. Swoon. I think you are awesome. :)

Seriously though, it has been a breath of fresh air to read your educated, insightful comments. Not like the others.”

————
Oh Sara, thy compliments to Faron are denigrated with poo flinging at the rest of us rabble..

I too, dont “hate” Faron.
Disagree?
Yes.
Mock?
Absolutely.
But I must admit Faron has a certain , annoying, truth to his(?) her(?) arguments…

I would miss the long winded, eloquent, counterpoint positions Faronista takes …..
So IF the “SO” manages to win out and they purchase a debt crushing, internet fee debilitating, condo…..
It would be sad.
No more Faron.
And Apocalypse2020 just doesnt cut the mustard on my internet hotdog…..

I’m getting a little choked up at the thought of that so I’m going to leave now…….(sniffle, snort, blubber)……

————-

Yes, Faron should remain. I’ve heard there is indeed internet in such far-flung outposts as Cambell River and Courtenay.

#146 Sue on 10.28.20 at 12:34 am

Corb Lund ‘Cows Around ‘. A great song by a truly talented Canadian! I was fortunate to see him at the Stampede in Calgary last year. Loved it, and i am not even a big country music fan! Have a listen and if you have a chance, (when/if the world is normal again) See him live!

https://youtu.be/BKoYT4febHM

#147 Russ on 10.28.20 at 12:43 am

just a dude on 10.27.20 at 5:45 pm

Social media is toxic. … Haven’t touched it since and instead rely on subscription-based news outlets to stay informed. You get what you pay for.

Be kind to each other folks. Life is fleeting.
====================================

Right on as life is fleeting.

. Thanks Dude.

It is the time of year to revisit Rocky Horror. 10 seconds in is on topic.

https://www.youtube.com/watch?v=umj0gu5nEGs

It’s the pelvic thrust that drives ’em insane. Let’s do The Time Warp again!

RIP Eddie (Meatloaf)

Cheers, R

#148 Janice Regis on 10.28.20 at 12:56 am

DELETED

#149 George Pearl on 10.28.20 at 1:27 am

Trudeau kills industry, BOC neutralized. Canada is just one big bad money toilet.

https://www.facebook.com/316731163205/posts/10160460542688206/

#150 westcdn on 10.28.20 at 1:56 am

Animals seem to like me although there are who don’t.

My “uncle” asked me to house sit while he went on an extended Mexican vacation. Those were the days I learned about the world through slide shows and National Geographic. I still have about 10 years of them.

He had a German Shepard named Ralph. One day I noticed a co2 powered pellet handgun on a shelf. I picked it up and the next thing Ralph was biting my arm – didn’t draw blood but he wanted me to put it down which I did. Okay Ralph.

There was a pool in the backyard. On a hot day I thought a swim was in order. Ralph went nuts and leaped into the water determined to pull me out – scratched me to ratshit. I had to kick him away and get out of the water.

Then I end up with a cat of no choice… we had fun.

#151 morrey on 10.28.20 at 2:01 am

#1 Niagara Region

nailed it!

#152 morrey on 10.28.20 at 2:08 am

Dr. Bonnie Henry is proceeding sans any political pressures. She has been impeccable.

#153 majik on 10.28.20 at 3:28 am

#115 Ustabe on 10.27.20 at 8:57 pm
————
People wear hats, gloves and coats to keep warm and they do so all year long, even in the summer, when hypothermia is not a concern. Your schoolboy level logic is charming though.

#154 BillyBob on 10.28.20 at 4:38 am

#1 Niagara Region on 10.27.20 at 3:32 pm
RE: POLITICAL DIVISIVENESS
I recommend the documentary “The Social Dilemma,” which explains how AI algorithms select newsstories on an individual’s computer that reinforce his/her worldviews. The documentary explains how such algorithms are helping to polarize people politically.

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

I was recommending this book nearly 10 years ago. It seemed obvious that continuous reinforcement of one’s own narrow biases was never going to have a pleasant outcome. (Like believing that the GTA is the sum total of Canada and the world, for example. ;-)

https://www.amazon.com/Filter-Bubble-What-Internet-Hiding/dp/1594203008

I guess everyone was too busy on Facebook to read. Perhaps now that it’s a Netflix movie more people will start to wake up. But I doubt it.

When the people who designed the systems, and intimately know how they work, admit that they themselves are powerless to resist their influence, well…draw your own conclusions.

#155 willworkforpickles on 10.28.20 at 6:10 am

If average working class people are in an uproar now, wait until (you know who) possibly becomes president and raises minimum wage to $15 an hour. That move now with so much WFH a stark reality of today will drive jobs out of the country en-masse to outsource countries just begging for the opportunity to fill the demand.
Unemployment levels won’t be coming down but going up along with thousands of small business owners unable to cope closing up altogether in the mix.
Prolonged (record) high unemployment leading to violent civil revolt and unrest go hand in hand and will flare as status of living conditions spiral downward.
As i said 6 months back…neither presidential runner is going to fix the fix were in.

Sheesh, chill. This is getting absurd. – Garth

#156 Grey Dog on 10.28.20 at 7:34 am

My parents last dog they had on their dairy farm in Caledon, was an Austrian Blue Shepherd. Heaven help you if you were not family…wouldn’t let people get out their cars and into the house if you weren’t « family approved « .

In the winter when we would cross country ski over the back 50, the lead skier had to break the trail, however, being last in line, Duchess the dog would not hesitate to nip at the heels of the one last in line! Ouch! Last skier could only go as fast as the person in front of them!

#157 Dharma Bum on 10.28.20 at 8:01 am

#90 George S

People need to stop with social media. It is destroying people’s lives. It makes everything seem like some major problem when it is nothing.
——————————————————————–

It’s amazing how few people realize this.

Social Media is a nothing more than a destructive public nuisance. It’s a spreader of a virus far worse than Corona.
It propagates ignorance. It manipulates vulnerable minds.

Try quitting social media. If you can. It’s not that easy.
Like quitting heavy habitual drinking, smoking, toking, gambling, junkfood eating, sugar consumption, and TV.
Harder than it would seem. But the benefits are truly liberating. Like a breath of fresh, clean air.

I recently quit Facebook, Instagram, and Twitter – cold turkey. It was weird for a bit. Then, my head cleared. It’s amazing what eliminating poison from your brain can do to improve your outlook on life.

“I can see clearly now, the rain has gone…”.

Now, the only thing I am addicted to is this blog.

And wine.

OK, bourbon too.

#158 Bring back the old community on 10.28.20 at 9:00 am

Garth, seems like every day you grow more disgusted with the degenerates who post those aweful comments. The rest of us are as well. We need the old respectful community back.

WordPress has the solution and your readers will look after you without you having to do much. There are a number of comment voting plug-ins available. Everyone still gets there say but the most offensive comments will be at the bottom.

#159 Re-Cowtown on 10.28.20 at 9:14 am

People who think that access to cheap energy isn’t important to society only need to look at how important cheap computer power is to society.

Same same.

#160 TurnerNation on 10.28.20 at 9:17 am

Hi fellow Comrades. My prefecture has the “voluntary” isolation Kamps. You are free to leave at any time.
You are free to leave at any time!!!

@TOPublicHealth
#DYK: Toronto has a voluntary isolation centre available for individuals living with others who need a free, safe & comfortable space to self-isolate. Call the #COVID19 Hotline at 416-338-7600 any day from 8:30 a.m. to 8 p.m. to learn more.”

#161 KNOW IT ALL on 10.28.20 at 9:20 am

If you know the markets are over-valued and being propped up by an exuberance of monopoly money why wouldn’t you take profits, get out and sit in cash until things cool down then buy back in and ride it up again.

Especially in a TFSA or RRSP where you won’t be taxed?
It is obvious when the market is overvalued and when it is undervalued.

Buy LOW, Sell HIGH.
Just Rinse, Recycle, Repeat

It’s not that complicated.

Timing the market is impossible for most people, most of the time. Maybe you’re clairvoyant. Are you a billionaire now? – Garth

#162 not 1st on 10.28.20 at 9:20 am

Lets talk byelections for a moment, Toronto center big Greens showing, York almost a CPC steal.

Go ahead and call that election Justin. I double dare you.

These politicians are all vying to spin the pandemic into a big win like Horgan did. But Justin has to wait until spring though when people get the reality check that when CERB runs out it gets taxed and probably an audit behind it.

#163 TurnerNation on 10.28.20 at 9:23 am

How many new hospitals are they building this year?? Exactly.
Every step each city taking is toward the UN agenda instead. Everyone is on board the plan. CV is being used as the excuse, it all has to happen into 2021.
You will be forever paying for people who cannot or will not work. I’m not talking legit disabled people –which of course we always must support.

Waterloo Region receives $8.2M affordable housing investment
The Region of Waterloo has received $8.2 million from the federal government to invest in affordable housing.
kitchener.ctvnews.ca

#164 Jenn on 10.28.20 at 9:24 am

So, I’m in Toronto and have lived here for almost 20 years. I’ve seen first-hand the madness. I remember 1-bed condos selling for 200k with normal interest rates in the mid 2000s. Basically, a reasonably affordable thing for a single working professional. And of course, here we are now.
I’ve been watching the home sales lately. I can’t even believe it. This seems like a ludicrous time to buy a house, if you can at all avoid doing so. It’s too nutty out there. The economy is up in the air, industries are nowhere near recovered and no one can make a sensible prediction about the future because we’re in unchartered territory.
So, this is the time to plunk down a million dollars on a 3-bedroom 1 bath house?
You talk about the looming consequences of the home owners who can’t pay their mortgages. I wonder if those houses will be forced onto the market… or if yet something else again will continue to prop up the housing market. People talk about banks being too big too fail, but I get the distinct impression that everyone feels that way about home ownership.
And what would stop the super wealthy from buying up those properties if they were to come onto the market, and for oodles of more money? At this point, nothing would surprise me because housing in Toronto stopped making sense to me a long time ago.
What I do think will happen down the road, though, is the cease of building micro-units. Those catered to a demand that is no longer legal: Airbnb rentals. The ones that exist on the market serve the needs of students, who will return, but I can’t see a sensible person buying one to live in. Good luck if said person met someone or wanted a pet. These tiny units were never truly intended for that, now were they? Real life?
So, my personal guess is that developers are going to have to adjust to the new normal: People want more space. Airbnb investors will not be buying any more units. So, perhaps more larger units will be developed in the coming years.
And who knows, with the economic uncertainty, maybe rental buildings will become more lucrative, as people still need to live somewhere, but home ownership is going to be a lot harder in a struggling economy. I mean, once all the crazy buyers are done pouring everything they have into one house and all that’s left are the rest of us.

#165 Howard on 10.28.20 at 9:24 am

#129 OK, Doomer on 10.27.20 at 9:39 pm

A bit silly to claim that EVERY poll showing Biden ahead is wrong or has faulty methodology or interpretation. You looked at the cross tabs of every single poll and determined they were all wrong? Really?

However I have to admit that this week is starting feel very Hillary-esque in the sense that an upset may be in the works. The polls have really started to tighten and Trump is now likely ahead in Pennsylvania. I think Michigan is beyond salvaging though, Biden seems to be too strong there.

One thing Biden has going for him is that the mainstream media are now all starting to say “yes, Trump can absolutely still win” and this is surely filtering down to the voters. The narrative has changed from a comfortable Biden lead to a tight race. There is not likely to be complacency among Biden voters the way there was among Hillary voters.

#166 Ace Goodheart on 10.28.20 at 9:47 am

Interesting phenomena occurring in the Toronto RE market:

This is more with condos, but now some neighbourhoods with detached, semis and row houses are experiencing this too.

A listing will come up, at what seems to be a low price. An “offer night” will be set.

Following the offer night, the listing will disappear.

The same listing will then “reappear” at a much higher price. It will sit, often for a month or more.

It will then disappear.

The same listing will then reappear at a lower price. This will continue, with the price gradually getting lower each time, until it sells.

What is happening?

Well, according to the real estate blog set, the listing is put intentionally at a very low price, to generate a “bidding war”.

That bidding war then fails to occur. No bids, or one or two low balls. “Offer night” is a bust. No line ups. No heated competition.

So rather than simply lower the price, which would give the listing a “price history”, they delete the listing entirely, and then re-list at the price that the seller hoped to achieve on “offer night”.

The listing then sits, as no one is willing to pay that price.

Every so often, the listing is taken down, and then re-listed at a new, lower price, making it a “brand new listing”.

It is actually the same property, just being re-listed over and over again.

Fortunately, you can now check this situation on housesigma.com, which lists all historical listings for the property. Sometimes, there are many of them. Like 10 or more, in rapid succession.

In the Toronto Condo market, this practice is off the charts. Everyone is doing it, and the prices keep going down.

But it is now happening in the brick and mortar, home on a piece of land Toronto market too.

Offer nights are getting a bunch of crickets showing up, chirping in the backyard as panicked sellers realize the piece of garbage they bought on speculation and mortgaged to high heaven, is not going to get anywhere near the price they were promised.

People who bought houses during Toronto’s great COVID housing boom, are now finding they cannot sell their existing home prior to closing on the new home.

The “advice” from their realtor, to just set a long closing date and make a firm offer to “win” the bidding war, and then list their own house and hope they can sell it for enough to obtain closing funds, might not have been that great advice after all.

I can smell desperation in the air.

As I said before, things are looking more and more like a hearty, bountiful January – March Vultching season will shortly be upon us.

#167 Martin on 10.28.20 at 9:48 am

Thank you Garth, both for the post, and generally for everything. I needed the reminder today.

#168 TurnerNation on 10.28.20 at 10:18 am

As mentioned our global elites are using one tool and one tool only as they economically b0mb our cities.
Fear.

Go ahead and check the weather network site.
Big headline :

“TOP STORY This is no trick: A certain kind of candy can be DEADLY if too much is consumed. Find out what kind, here”

— Predictive programming much? There is no real news.
From Traders Magazine. And of course they wish to make derivatives on Commercial Real estate. LAND is the prize in this, WW3 folks. Always land.

“This need was apparent before the pandemic and will remain long after we are all vaccinated and back in our offices, as COVID-19 may result in long-term structural changes in each commercial property sector. A derivatives market would enable investors to respond to these changes and position their portfolios accordingly.”

#169 John Mason on 10.28.20 at 10:19 am

Trading Economics: The Bank added that it is recalibrating the QE program to shift purchases towards longer-term bonds, and that total purchases will be gradually reduced to at least CAD 4 billion a week.”

How much house prices will increase in Toronto?

#170 Ace Goodheart on 10.28.20 at 10:24 am

#90 George S

People need to stop with social media. It is destroying people’s lives. It makes everything seem like some major problem when it is nothing.

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

You don’t realize the extent of the problem until you watch what the kids are doing.

They literally live on their phones.

Dating is accomplished through a web site, with a computer program “matching” you. No one dares trying to actually chat up a member of the opposite sex anymore. You just post your “profile” (sounds creepy), get “matched” and then go meet the person that the computer program chose for you.

I remember taking some kids up to our cottage and heading out on the lake to camp on one of the islands.

Within about 15 minutes of the boat ride, things got a little heated on the lower decks.

Turns out, cell phones don’t work on the islands. No service there. I had not really noticed this, as I usually did not bring a cell phone out there with me (no point, nowhere to charge it unless I brought the larger boat, and if I did that, there would be nowhere to dock it, and I don’t feel safe leaving it at anchor in the middle of the lake overnight (it has been known to “float away”).

So we had headed out on the 10 footer with our trusty Merc 9.9 buzzing away, pushing us through the mill pond that was the lake in the morning, with the mist still rising off of it, when as I said, some commotion could be heard from the passenger section.

We almost had to turn back. The kids were mortified. No cell phone service for an entire weekend! What if someone “poked” them? What if they got a “like”?

It turned out that these kids had much more personality than I had given them credit for, once they became unglued from their phones. There was a bit of a “mourning” period where they tried to get service by climbing trees and standing on the edge of a rock cliff.

However, when they realized this was hopeless, the phones were dropped into their back packs, and they began actually talking to each other. It was a good weekend.

Social media is very destructive to the normal childhood socialization process.

#171 SOMETHINGS UP!! on 10.28.20 at 10:32 am

Just take a look at all the layoffs….

What recovery? Am i missing something?

#172 IHCTD9 on 10.28.20 at 10:55 am

The bunker is all stocked up with freeze dried food and ammo in preparation for next week. Did an oil and filter change on the Grizzly 700SE in case we have to bug out – glad I chose the “Tactical Black” flat paintwork, it might come in handy. I even spun the bulldozer around so we could come out of the garage ‘blade-up” in case things got real bad.

The deer hunt seems extra popular this year. Seems to be a lot more guys heading out into the bush – and they’re taking a lot of extra gear with them too…

#173 IHCTD9 on 10.28.20 at 11:12 am

House down the road sold in July for ~360K. 60’s/70’s house, elderly sellers, decades old interior. Roofers show up the following week, then come new windows, fascia, soffit, electrical work, all new interior, and last week it got staged to the hilt with a realtor sign out front. Listed for 485K – sold in under a week.

I was hoping buddy would receive an ass kicking on the place, but looks more like he made a quick 60K and is likely shopping for the next flip right now.

Now, the most interesting part comes – who is moving in? Young couple with family? Local DINK’s? Boomer retirees? WFH relocators? Lately, it’s been retired boomers exiting the GTA every time when the price was near 500K, so that is my bet.

#174 Mattl on 10.28.20 at 11:21 am

#8 Faron on 10.27.20 at 3:50 pm

Grand Forks is a great spot. You can buy a big city lot in town, walk to town Centre, swim in the river. 30 minutes the mountains, hop over 97 into Kelowna. Ski at Big White 2 hrs away. Nice warm weather, great fishing.

We spent some time there this summer and really fell in love with it.

Also like Salmon Arm, Falkland, Armstrong. Great little farming communities that are reasonably close to Vernon and Kamloops.

#175 Pylot Project on 10.28.20 at 11:25 am

Fred looks like he was a very good boy. I’ve personally had two as family members in the past (they are smarter than most children).

My Uncle and Cousin, who are both cattlemen in the Peace Country of BC, won’t use border collies because they are so smart. If they get kicked, they recognize that hurt like hell and won’t go back. Instead they use Blue Healers. Smart enough to get the job done, dense/aggressive enough to come back for more if the cow hits their target.

****

I’d love to know in the end, how many of the 800K mortgage deferral takers were just using it as a summer project and or party fund? They had the ability to pay, but chose not to. I hope they’re keeping an eye on their personal credit ratings.

#176 BillyBob on 10.28.20 at 11:34 am

#173 IHCTD9 on 10.28.20 at 10:55 am

I even spun the bulldozer around so we could come out of the garage ‘blade-up” in case things got real bad.

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

I like your style. Never waiting around for the gubmint to save you.

Respect.

#177 Faron on 10.28.20 at 11:50 am

#173 IHCTD9 on 10.28.20 at 10:55 am

“Tactical Black”

I love that the MIC has dug it’s teeth deeply enough into the man/boys that they are able to sell more quads by using quasi military lingo like “tactical black”. There’s nothing tactical about roaring up on a high profile quad. You may as well be on roller skates — I hear they sell them in tactical pink.

Reminds me of a trail run I was on in NE Oregon. Early hunting season, elk bowhunting I think? I was 15k in toward evening and coming down to the bottom of a valley and I caught up to some hunters quadding (bright blue trim) back down to their camp. We chatted a bit. They know the land, I was a visitor and I wanted their sense of things. I told them where I was headed and they gave me the “I wouldn’t go up there, that’s a big hill. It’s getting late. We can give you a ride back to the TH.” Luckily, my trail running short shorts were tactical black, so I knew I had it in me! At the top of the hill was a lake set into a cirque. Early September, the water was warm and still. Perfect. Just 10k more to go.

Interesting though how, with their abundant gear and their mindset about what was doable and what wasn’t they had isolated themselves from the landscape that they love. I certainly wont say that their experience of it was lesser than mine. The stillness of hunting in those mostly forgotten mountains, being quiet and getting close to the land is a different ball of wax from tramping through the forest as a fleet sightseer. We all place limits on ourselves. Mentally or physically or through encumbrance of equipment. Aside from helping you schlep a kill, that “tactical black” quad isn’t going to get you much that you didn’t already have.

#178 Blll on 10.28.20 at 12:01 pm

#143 Soggy
I’m all for a cashless society
————–!!
Any why? Do you understand the ramifications of this?
They have got 1/2 your money now. They store all your emails texts
And then can control or confiscate anything else they want.
Speaking of cattle.
No wonder we have no privacy or freedoms anymore.
“Do as I say not as I do”

Garth Fauci has piss poor track record at best. He predicted millions would be gone now. Considering many countries resemble sardine cans we are doing pretty well i think especially against historical pans…no?

#179 not 1st on 10.28.20 at 12:15 pm

My big bet is in place;

S&P lift off, Loon crash and negative interest rates and then asset inflation built into everything.

Already talking about a rate cut again. So zero it is.

#180 TurnerNation on 10.28.20 at 12:25 pm

A reason I suggest suspending Nov 11th – that my grandfathers’ work was for naught.
Form social media. Someone I know of.
Middle aged, employed family man and otherwise sane.
The media/propaganda war, WW3 has been won:
….
Apr 13
I’ve had enough of this.
@JustinTrudeau
we need Martial law now! People can disagree all you want, but most are still not getting it. Please step in. It’s out of hand. I don’t want to see a New York scenario here. Please!

#181 IHCTD9 on 10.28.20 at 12:32 pm

#177 BillyBob on 10.28.20 at 11:34 am
#173 IHCTD9 on 10.28.20 at 10:55 am

I even spun the bulldozer around so we could come out of the garage ‘blade-up” in case things got real bad.

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

I like your style. Never waiting around for the gubmint to save you.

Respect.
___

Thanks – Bulldozers solve so many difficult problems – I’m glad I have three!

#182 joe on 10.28.20 at 12:32 pm

DELETED

#183 OK, Doomer? on 10.28.20 at 12:37 pm

129 OK, Doomer on 10.27.20 at 9:39 pm

A bit silly to claim that EVERY poll showing Biden ahead is wrong or has faulty methodology or interpretation. You looked at the cross tabs of every single poll and determined they were all wrong? Really?

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

Actually, yes. Every poll that shows Biden ahead uses the same flawed methodology as in 2016. To throw more fuel on the fire, if Republican Trump voters are unwilling to share their opinions with a pollster it’s also likely that some “Trump Democrats” are also unwilling to tell the truth as well.

How can you say that? Some pollsters drill down into this by asking “Who do you think your neighbors will vote for?” When this question is asked, Trump runs away with the race. And the only pollsters that got it right in 2016 asked this question.

Only polls that don’t ask this question show Biden ahead. It’s just math. If you can find a link to a poll that asks this question and still shows Biden ahead I will bow to your superior research abilities.

#184 Sail Away on 10.28.20 at 12:38 pm

#178 Faron on 10.28.20 at 11:50 am

Re: Elk hunters vs. fleet sightseer

Interesting though how, with their abundant gear and their mindset about what was doable and what wasn’t they had isolated themselves from the landscape that they love.

————–

I agree wholeheartedly, Faron.

In order to yourself not isolate from this landscape that you so love, it would be best to eschew clothing, shelter, bug repellent and all modern fabrications.

Nirvana can be reached through a winter of naked winter living in a fir tree.

#185 OK, Doomer? on 10.28.20 at 12:41 pm

Also bear in mind that Trump has a built in 5 point advantage due to the Electoral College.

And before you say that it’s unfair, also bear in mind that more Americans voted against Hillary than against Trump. There were some right wing candidates that split the Trump vote last time.

And Trudeau is our PM because of the same disparity. Scheer beat Trudeau in the popular vote and still lost.

#186 Sail Away on 10.28.20 at 12:48 pm

Interesting trivia: Blue grouse migrate uphill when the snows hit and will often spend the entire winter in a single high-elevation fir tree. Now that’s low-impact!

#187 BillyBob on 10.28.20 at 12:52 pm

#185 Sail Away on 10.28.20 at 12:38 pm

I agree wholeheartedly, Faron.

In order to yourself not isolate from this landscape that you so love, it would be best to eschew clothing, shelter, bug repellent and all modern fabrications.

Nirvana can be reached through a winter of naked winter living in a fir tree.

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

lol

Thanks for saying what I’m sure many of us were thinking along the lines of.

From sort of apologizing for being a dick, to making dick-ish references to tactical black, all in one day’s comment section. Nice!

Sounds about right for Victoria. Grew up there, the weather’s nice, but smarmy smugness is off the scale. Ugh.

#188 Ace Goodheart on 10.28.20 at 12:56 pm

#173 IHCTD9 on 10.28.20 at 10:55 am

The deer hunt seems extra popular this year. Seems to be a lot more guys heading out into the bush – and they’re taking a lot of extra gear with them too…

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

Can’t get COVID from a deer. And social distancing is easy in the bush.

#189 Barb on 10.28.20 at 12:56 pm

““TOP STORY This is no trick: A certain kind of candy can be DEADLY if too much is consumed. Find out what kind, here””
———————————–

It appears Black Licorice matters.

#190 IHCTD9 on 10.28.20 at 1:03 pm

#178 Faron on 10.28.20 at 11:50 am

Aside from helping you schlep a kill, that “tactical black” quad isn’t going to get you much that you didn’t already have.
_____

Most dudes I know who hunt use a quad to get themselves, and their gear; in and out of the bush. They don’t actually hunt off of them (illegal). In fact, they don’t stomp around on foot looking for deer either…

My sweet looking Tactical Black Grizzly 700 has never been on a hunting trip, but I’m sure I’d be showing up earlier, leaving later, and hauling about 1000lbs more gear with its assistance, compared to doing it your way.

#191 Penny Henny on 10.28.20 at 1:08 pm

Now that we are past the third inning or so of Covid, who’s strategy is more sound? Sweden? or Italy?

#192 Faron on 10.28.20 at 1:08 pm

#185 Sail Away on 10.28.20 at 12:38 pm

Welcome back. Nice job turning to trolling this band of internet losers within hours of returning from your hunt and providing nothing of value to us. A demonstration of your dedication to what’s good in life and a clear perspective on the world. Congrats also on being the adult in the room and leading by example. You are off to a great start this fall. It will be a joy to picture you with chukar grease running down your chin and marring your keyboard/screen as you work to feel superior here.

On topic: hope no one is selling right now. This election may go much more smoothly than some people expect.

#193 Faron on 10.28.20 at 1:23 pm

#188 BillyBob on 10.28.20 at 12:52 pm

From sort of apologizing for being a dick, to making dick-ish references to tactical black, all in one day’s comment section. Nice!

Fair enough. Guilty as charged. It’s unlikely IHTCD9 was at all offended by my comment, but if you were, I’m sorry and I regret the smarm.

#194 SoggyShorts on 10.28.20 at 1:39 pm

#179 Blll on 10.28.20 at 12:01 pm
#143 Soggy
I’m all for a cashless society
————–!!

Any why? Do you understand the ramifications of this?
They have got 1/2 your money now. They store all your emails texts
And then can control or confiscate anything else they want.

*********************
What’s the alternative? All cash? What employer is going to give you 6 figures in cash every year?
Are you hand-writing notes and having them Fed-exed instead of emails and texts? Carrier pigeons?

I’ll happily take my 1.25% discount on almost ALL expenses thanks to using my CC and continue to not even carry a wallet (except the digital in my phone)

#195 TurnerNation on 10.28.20 at 1:42 pm

Like I said there’s no more media only fear and predictive programming. Weather network site top headline

“TOP STORY Threat of ‘SHOCKING’ snow totals for early November. Here’s the set up heading into the weekend”

A threat? Really? Well ever since they laid off “ISIS” – say where are those guys, still seething over our non-existent freedoms? – we need a new threat.

#196 Bill on 10.28.20 at 1:45 pm

#8 Faron
——————————-
The beauty of my years building networks is I’ve been on every road and town in BC multiple times. From Ft Nelson to Port hardy.
Depends what you like….The islands the best in my view overall. I love the SO but I like lakes and ocean. I’ve got ocean view penthouse condos in Courtenay and a great little city now, but still feels country. New Denver eeek! Deadsville. I put the one and only cell site there…nice to drive through.
Kelowna was great 20 ago to crazy for me.
Its golfing weather today in Powell! But I’m cutting fire wood :-)

#197 Doug in London on 10.28.20 at 2:07 pm

No, I won’t say anything about the American election next week. What I WILL say is there are some awesome deals on REITs today like XRE, REI.UN, and STWD-NY.

#198 KNOW IT ALL on 10.28.20 at 2:21 pm

#162 KNOW IT ALL on 10.28.20 at 9:20 am
If you know the markets are over-valued and being propped up by an exuberance of monopoly money why wouldn’t you take profits, get out and sit in cash until things cool down then buy back in and ride it up again.

Especially in a TFSA or RRSP where you won’t be taxed?
It is obvious when the market is overvalued and when it is undervalued.

Buy LOW, Sell HIGH.
Just Rinse, Recycle, Repeat

It’s not that complicated.

Timing the market is impossible for most people, most of the time. Maybe you’re clairvoyant. Are you a billionaire now? – Garth

———————–

Timing the market is impossible, however knowing when the markets are overvalued or undervalued is relatively simple. There are plenty of indicators to recognize the 2 scenarios.

Here’s 1: https://www.multpl.com/shiller-pe

Whats the average PE of the S&P?
Whats it get to before every crash?
Whats it drop to after the crash?

There is a huge difference between price and value. The ticker price isn’t the value of the security. When the price far exceeds the value its time to take profits…… see simple. And vice versa – well you know the drill.

And I am approaching Billionaire status. You will be around still when I hit the mark, its coming soon.

#199 Sail Away on 10.28.20 at 2:30 pm

#193 Faron on 10.28.20 at 1:08 pm
#185 Sail Away on 10.28.20 at 12:38 pm

Welcome back. Nice job turning to trolling this band of internet losers within hours of returning from your hunt and providing nothing of value to us. A demonstration of your dedication to what’s good in life and a clear perspective on the world. Congrats also on being the adult in the room and leading by example. You are off to a great start this fall. It will be a joy to picture you with chukar grease running down your chin and marring your keyboard/screen as you work to feel superior here.

On topic: hope no one is selling right now. This election may go much more smoothly than some people expect.

————-

Glad to help!

Only in for a brief respite/warming/cleanup lodge day, then back to the tipi for another week and a half, so won’t be able to provide edification after noon today.

Bought some more GEO while in data range today, so please update your dbag portfolio accordingly, thanks.

Chukars, grouse and deer- oh my!

#200 Bill on 10.28.20 at 2:36 pm

#195 SoggyShorts
————————–
Well that a bit of a ridiculous statement.
If I go back 25 years I was making 6 figures and my employer never handed my a bag with money.
But I could hit the bank get some currency and buy what I want without (CENFEN, bet you have no idea what that is?)big brother tracking me buying a coffee or whatever else I want to that is my bloody business in my private life. I bought major silver and gold coinage back when it was dirt cheap. Now they track those purchases. Congrats on surrendering your remaining private rights. Count me out I’m going to fire up the power saw and cut some free fire wood. Tax that you bastards (T2)

PS that’s why some are rich and most are poor. I don’t pay anyone 1.5% that’s foolish when a bank pays .25%
and if they go cashless, I’ve got all sorts of things up my sleeve….

#201 Damifino on 10.28.20 at 2:52 pm

#195 SoggyShorts

What’s the alternative? All cash?
————————–

Nope… some cash. For when it makes sense. Or simply when that’s a desirable way to conduct business, say, between two consenting parties.

My wife has a friend with whom she exchanges hand written letters through Canada Post. They both have the option of texting or using email, and they often do.

But they still get a kick out of receiving letters from each other occasionally. I really don’t see any harm.

#202 Ah Russians! on 10.28.20 at 3:00 pm

Taking one for team planet!!

https://www.dailymail.co.uk/news/article-8889269/Russian-professor-69-infected-Covid-19-twice-says-herd-immunity-impossible.html

#203 OK, Doomer? on 10.28.20 at 3:21 pm

Market continuing to dump could mean that the squints anticipate a Biden victory followed by a massive lockdown.

I’m going to start buying stuff shortly. Why? Trump will win and the market will shoot straight up. Gambling? Maybe. Or seeing more clearly? We’ll find out next week.

The market is afraid of Covid, not Biden. Take your blinders off. – Garth

#204 Faron on 10.28.20 at 3:22 pm

#191 IHCTD9 on 10.28.20 at 1:03 pm

#178 Faron on 10.28.20 at 11:50 am

Most dudes I know who hunt use a quad to get themselves, and their gear; in and out of the bush. They don’t actually hunt off of them (illegal). In fact, they don’t stomp around on foot looking for deer either…

Please correct me if I’m wrong and at risk of doubling down on smarm. These four dudes were tooling back to their camp two on the quad, two walking with nothing but their bows and needs for the day. I assumed they had the quad out there to turn a 10 mile hike with Elk haunches to a 2 or 3 mile hike + 7-8 mile quad. Maybe different in US vs Canada given that US forests are laced with roads of all kinds.

My point in that post was that they could conceive of me trotting up a 600 vertical m hill no more than I could conceive of stalking then waiting quietly in the bush for elk to wander by and that those limits were imposed mentally as much as by equipment restriction.

And that I think “tactical black” is funny marketing garbage when applied to a decidedly non “tactical” piece of gear. You could get the same result with “rattle-can black”, but they wouldn’t sell as many. Even funnier is that name was probably dreamed up by an emo hipster marketing nerd in Anaheim. To be fair, I own gear with as much marketing garbage attached to it. Extreme this and Mountain that and First and Lite and etc. We’re all imprisoned by marketing to a certain degree.

#205 Faron on 10.28.20 at 3:37 pm

#200 Sail Away on 10.28.20 at 2:30 pm

#193 Faron on 10.28.20 at 1:08 pm
#185 Sail Away on 10.28.20 at 12:38 pm

Bought some more GEO while in data range today, so please update your dbag portfolio accordingly, thanks

Will do. I hope you have enjoyed earning 10-15% annual divvies while seeing the asset value drop by 22% over three months. Crudely, net 40% annualized loss? Could be a fantastic deal if Biden loses. Otherwise, throwing good money after bad.

Admittedly envious of your Chukar hunt. October’s a fine time to be anywhere but a city. Hope the StarLink is working for you!