Fakery

Maggie says she lives at 24.140.236.33. So do Dana and Chris. Plus, it seems, Amanda, Craig, Tammy, George, Rolly and Linda Barton. It must be a boring place, though, since they have all come to this site repeatedly, over the last six days.

This is a world teeming with disinformation, fakery and trolls. Even a pathetic little critters-and-financial blog isn’t immune from people/corps wanting to change your mind, influence you, scare you or appear credible because they’re just – you know – normal folk.

On Sunday morning Linda Barton made me suspicious with this anti-Doug, pro-GIC opus:

Actually, we have a GIC club that meets every month for 3 to 4 hours discussing interest rates, different financial institutions, various topics on RRSPs versus pensions, TFSAs, government policy on taxes and how to claim the most senior tax credits like age amount, disability amount, pension income amount, other tax credits to keep most of our money etc. We mostly discuss GIC laddering, GIC staggering, GIC compounding versus simple interest, GIC options from brokers to advisors, GIC terms up to 10 years, GIC taxation and using registered accounts especially TFSAs now to the fullest and many more topics.

Despite 9 of us now in the club all in our mid to late 60’s, 3 divorced, 2 widowed, 4 married from different financial situations and family lives, we have managed for the last 25 years decent average account balances of these, RRSPs $789,000, TFSAs $85,000, reserves accounts like savings accounts, more flexible GICs, non-registered accounts $87,000. We do not need a high interest, 8% reverse mortgage as we are all debt free, own our own houses, condos with no mortgages, lines of credit etc. We helped each other with lots of personal research as we have seen the ugly government stats of seniors and older women living at or near poverty as women live much longer needing to rely on GIS and other government income support programs that barely help pay the rent, food etc. Look at the high inflation, cost of living now.

Many of us took our CPP early which is our average is $790 a month as we all worked full time with 45 to 55 hours weeks since the 90’s. Many of us get OAS and early CPP which pays most of our bills, living expenses. This is on average $17,500 a year. We are able to keep about 70% of our GIC interest after taxes and other life expenses which on average for us is $26,000 a year.

A GIC club? Seriously? If I had to talk about guaranteed investment certificates for four hours I’d be dead. And what sane person has this level of average group financial detail at their fingertips? Who writes in nicely-crafted sentences?

But wait. Linda the 60something with her GIC fetish also turns out to be 48-year-old Rolly at the same IP who makes $80,000 a year and has managed to accumulate big bucks by investing in… you guessed it… GICs. This morning he posted:

Epic Bear, we know GICs are bought to get the interest or better compound it in a RRSP, TFSA, RESP etc. We have done this for years and nobody has lied to us. GICs are held to maturity and get interest that is its purpose. We have done well with them with $1.6 million at ages 48 and never looked back. We have done so well according to our standards that we have officially replaced 65% or $ 52,000 a year interest of our gross working income which is $80,000. No debts, sleeping well at night and no high returns expectations by the ups and downs of markets.

How do two 48-year olds with a combined gross household income of $80,000, utilizing GICs with an average pre-tax return of 3.25% accumulate the better part of $2 million? Where are the bodies buried?

Well, trolls. GIC trolls.

A little search of the 793,300 comments published on this blog so far reveals a shocking number in the same category. Similar writing styles and phraseology. No colloquialisms. No contractions. Grammatical integrity. Consistent messaging. Fakes. It makes one wonder where they emanate from, and what the object is. One conclusion: social media engineering designed to instill fear of markets, promote GICs and likely produced by outfits that sell them. Are the big banks doing this? A rogue credit union? One of those high-interest online deposit-takers who then make mortgage loans to subprime suckers?

I will try to keep the gate locked, but doubtlessly many have already slipped through.

And on that note, let’s not forget the immense contribution that Re/Max brings to the comedic nature of Canada. Here’s proof that disinformation, groundless conjecture and manufactured facts are the foundation upon which our real estate industry stands tall. This – false news – is the stuff FOMO is created from, leading all those moisters to man up with mammoth mortgages.

Do you remember this ‘report’ from eight months ago?

Canadian Real Estate Prices Expected to Rise 9.2% in 2022: RE/MAX. Confidence continues in Canadian real estate market, with the inter-provincial relocation trend likely to remain strong in 2022

  • Migration between provinces expected to continue in 2022, potentially impacting local Canadian real estate conditions, according to 53 per cent of RE/MAX brokers (20 out of 38)
  • 49 per cent of Canadians believe the housing market will remain steady in 2022 and view real estate as one of the best investment options over the next year
  • 97 percent of regions (37 out of 38) surveyed are likely to remain seller’s markets in 2022

Toronto, ON and Kelowna, BC, December 1, 2021 – RE/MAX is anticipating steady price growth across the Canadian real estate market in 2022, with inter-provincial migration continuing to be a key driver of housing activity in many regions, based on surveys of RE/MAX brokers and agents, as reflected in the 2022 Canadian Housing Market Outlook Report. The ongoing housing supply shortage is likely to continue, putting upward pressure on prices. As a result of these factors, RE/MAX Canada estimates a 9.2-per-cent increase in average residential sales prices across the country*

This fakery resulted in MSM headlines across Canada in December of 2021. It was perhaps responsible for a surge in buying activity in the next sixty days, leading to Peak House values in February of 2022. Since then, sales and prices have collapsed. Equity losses of $500,000 per home have been common in area like the outer GTA. The Royal Bank calls this an ‘historic’ correction. National Bank says affordability is now at a 41-year low. Regret and dismay abound. And a major real estate marketer that surveyed its own workers who are paid by sales commissions, then told the public they could make 9.2% in 2022 surely bears responsibility.

Stay skeptical, my friends.

About the picture: “Thanks for your blog, it is most educational and the comments are amusing at times,” writes Kuan. “Just wondering if you can discuss portfolio weighting in people with high net worth or with defined pensions. Would a tilt towards more equities make more sense? This is assuming the individual is comfortable with more volatility. But then again, they probably don’t need to take the extra risks also. Hope you can use this photo – a cat from Ephesus, Turkey. I saw a dog in Istanbul, but did not take a photo. Thanks again for what you do.”

178 comments ↓

#1 X on 08.21.22 at 11:44 am

The only thing more depressing than being a member of a GIC club would be to be a member of said club have to look at your financial statements.

#2 Got my own IP on 08.21.22 at 11:53 am

Lol. Got two sentences into the Maggie comment from yesterday, and my first thought was that the comments section had brought in a whole new breed of loon.
And, as Garth has shown, it’s actually an entire flock of them.
Tell them to flock off, Garth.

#3 baloney Sandwitch on 08.21.22 at 11:56 am

Impressive sleuthing, Garth. Now we know what that 22 yo PR intern is up to. If spin does not work, just lie.

#4 Dr V on 08.21.22 at 12:03 pm

“Well, trolls. GIC trolls………… Similar writing styles and phraseology. No colloquialisms. No contractions. Grammatical integrity. Consistent messaging.”
——————————————–

And almost always posting using just their first name.
Spotted the similarities a long ways back.

“GIC-bots” is the term I used. Like the comments were all written by a program.

Or are all these people just that similar to one another?

#5 Fake on 08.21.22 at 12:11 pm

The whole markets of the world are fake and manipulated for years.

#6 AK on 08.21.22 at 12:15 pm

“One conclusion: social media engineering designed to instill fear of markets, promote GICs and likely produced by outfits that sell them.”
==================================

Wow. And here I thought that Twitter was the only place with endless trolls. :-)

#7 The General on 08.21.22 at 12:26 pm

Computer generated trolls, perhaps? But nowadays if anyone dare contradict the new narrative of the bullies, you risk being outed as a radical normie. There are many intelligent voices here to counter the troll-like behavior of the few bad actors. Counter their lies with truth.

#8 Søren Angst on 08.21.22 at 12:34 pm

Garth, you have a well healed crowd that reads and Comments on your Blog.

Expect to be a target.

I read that Comment yesterday and thought what a crock but figured, ah, maybe a very conservative investor taking issue with Doug and his Bonds.

But an Influencer/Troll, ya, that was a surprise. Call me Pollyanna, I don’t care. A surprise.

—————

Good you expose these people for what they are Garth and to render harmless your adoring masses (and Doug). Skepticism. Stay true.

Still, I feel violated. 😉

#9 epic bear on 08.21.22 at 12:34 pm

ooohhhh.. ive been mentioned in an email. fantastic.

i maintain GIC reporting is a lie. your “investment” does indeed change value during it’s life. you are just not being told it is. those buying GIC’s are financially illiterate and are being taken advantage of by the banks.

hey, but if you’re 48, and have saved 1.6M say, over the last 20 years, (after you finished school and started working) that works out to what? 60-70k/year? then invested in GIC’s when rates have been near zero for the last 14 years? an astounding achievement.

i suggest you ask your bank to provide you with the ACTUAL value of your GIC .. not the held-to-maturity value. they are obligated to provide you with a real price if you ask for it. it’s not $100….

#10 GIC on 08.21.22 at 12:39 pm

So why do advisors sell GICs? Lets get real, as interest rise, 5% now re direct competition with people’s money where to put it.

Troll. IP 104.247.230.71. – Garth

#11 JRTY on 08.21.22 at 12:45 pm

So don’t buy a second home, take that $5,000 a month, a couple puts it in a 5% GIC right now for 10 years RRSP, TFSA, they are $754,000 ahead. This is not including their yearly tax refunds from RRSP. It is called compound interest learned in school years ago.

Troll. IP 104.247.230.71. – Garth

#12 Søren Angst on 08.21.22 at 12:46 pm

#2 Got my own IP

* Tell them to flock off

———

Paleo version:

Make like the birds and …

[1972, 1st Semester Engrg, 1st day, Dean’s last name was Flock and wanted us to remember it, we did]

#13 Quintilian on 08.21.22 at 12:58 pm

“Here’s proof that disinformation, groundless conjecture and manufactured facts are the foundation upon which our real estate industry stands tall. This – false”

Garth, you are a gentleman, and you are showing great restraint.

The fact is that the RE hype machine is a cauldron of fraudulence.

It is a sales organization that needs to be dismantled, and not be allowed to have national reach.

It is a cartel without a real regulatory oversight.

The Canadian RE hype machine rivals the CCP misinformation bureau, hence the direction of the developments in the respective real estate markets are headed in a strikingly similar direction.

#14 ABC on 08.21.22 at 1:00 pm

Everybody is selling something.

That’s just how it is.

Always Be Closing.

#15 Warren-the-lagging_indicator on 08.21.22 at 1:01 pm

If they want better bang for their buck they are going to have to train the AI to emulate the goodly gramaterical practices of posters like me and then the python script your tech dudettes are using will never detect it’. I mean they call it spelling for a reason; just like Danny Devito understands why thy call money; Money. Capishe.

#16 what did you say on 08.21.22 at 1:01 pm

How can someone like my grandfather be financially illiterate with putting money in GICs for decades and be worth millions=GICs+house. He does not like the words maybe, if, perhaps, it depends, possibly, potentially and so on when it comes to money. He worked to darn hard building his business for decades to risk it if in money not in CDIC and other deposit insurance throughout Canada.

Troll. IP 104.247.230.71. – Garth

#17 I Can Still Taste The Booze on 08.21.22 at 1:02 pm

Given the size of real estate to the Canadian economy, if this truly corrects or even crashes, what does that mean to equity investors? I’m a disciple of B&D but have about 20% in Canadian equities. Can’t help but think it makes sense to lighten up on Canadian equities given the dysfunctional real estate market here that threatens to drag us all down.

#18 wendi1 on 08.21.22 at 1:03 pm

Well, Garth, you own a soap box.

A big, popular, focused, well-attended soap box that you pay for (thank you).

It’s only natural that some people think they have the “right” to use it to make themselves money. Instead of it’s true purpose – the dissemination of cute pet pictures and hard truths…

#19 VanIslander on 08.21.22 at 1:03 pm

Good work to uncover Garth. It’s the same stuff on stock investment boards, especially those on the negative bear side posting relentlessly on only that one stock. Same lingo and phrases etc by multiple posters. Some I believe work for the short funds and is not surprising.

In your case it’s even worse that an institution could be involved. Same ones that stuff your mailbox with spam investment flyers.

#20 earthboundmisfit on 08.21.22 at 1:08 pm

RE/MAX. The “Investors Group” of the real estate cartel. Bandits … worst of the worst.

#21 ogdoad on 08.21.22 at 1:12 pm

Welcome to the world of AI. We fall for it so there’s a market for it. Everything didn’t exist before last Thursday. Who wrote this music AI or Mozart? Who painted that Picasso or AI? I should work at my menial, go nowhere, teeth pulling job until exactly 62.5yo b/c everyone else is and I need a tesla, right? I should be over weight, lonely, depressed and irrelevant watching Netflix b/c social proof dictates it…

What were we talking about? GIC’s? Nahh, I like a little drama.

Og

#22 Dr V on 08.21.22 at 1:14 pm

11 JRTY

“So don’t buy a second home, take that $5,000 a month, a couple puts it in a 5% GIC right now for 10 years RRSP, TFSA, they are $754,000 ahead. This is not including their yearly tax refunds from RRSP. It is called compound interest learned in school years ago.”
——————————————–

Some quick calcs show your “couple” makes the equivalent of $133k EACH per year. And neither has a work pension plan. Yep, just your typical Canadian
working couple.

#23 Cash on 08.21.22 at 1:17 pm

I quit smoking, drinking, eating out, buying a more expensive car than I needed for 25 years now. I said I want to have a pile of money by 50.

I know nobody wats to believe but I kept piling in GICs, some 4.35%, some 7.125%, some 3.75%, some 9.375%. I don’t care the actual average rate I got all these years. To make a long story short, I now have $900,000 and no mortgage.

It is not as hard as most people think. It is not possible to achieve this. I have saved started with $10,000 back in 1997 the first year and $29,000 the last year. I reinvested all the money I had. I figure, nobody wants to guarantee me a decent pension and what the Canadian governments gives is not alot.

Troll. IP 104.247.230.71. – Garth

#24 Don Guillermo on 08.21.22 at 1:17 pm

a cat from Ephesus, Turkey. I saw a dog in Istanbul, but did not take a photo. Thanks again for what you do.”
*********
It’s interesting how strays are cared for in Istanbul. Below is a trailer for the acclaimed documentary “Strays”

https://youtu.be/uC38BqP2_fI

Turkey is full of incredible historic sites. Ephesus is one of the best. I had the privilege to live and work in Turkey (1 1/2 hrs west of Istanbul) pre Erdogan for 2 years. It was a great experience.

#25 X on 08.21.22 at 1:26 pm

re #10 – the banks sell them, because the banks make money off of them. LOL. Better to buy the bank shares. Tax efficient dividend, annual raises, share appreciation.

#26 Ray on 08.21.22 at 1:27 pm

There are probably 10,000 mutual funds out there, who knows how many ETFs and other investments. You are saying people successful saving money for many years in GICs are the fake information when there are so many other ways to get dinged with fees, commissions etc. with someone’s money. I do not get it. GICs are a deposit with a financial institution that has a fixed term until it matures is eligible for CDIC, deposit insurance and can be in a regular account and a registered account, RRSP, TFSA and others. It is pretty clear you know what you get with a GIC no matter good or bad.

Troll. IP 104.247.230.71. – Garth

#27 Retired in kelowa on 08.21.22 at 1:39 pm

Thank you Garth. Maybe it’s time to close down the comment section? What good is it doing? Especially now that you are discovering this Trolling garbage.

#28 crowdedelevatorfartz on 08.21.22 at 1:40 pm

I, however, Am Not a Troll……..
(unless im commenting on Ponzie)

#29 Geez on 08.21.22 at 1:41 pm

$900,000 you have now the poster named Cash and today with interest rates at 5% GIC means you have something better than a pension, $45,000 interest coming in each 12 months. I hope you have it in mostly RRSPs, TFSAs for tax efficiency. It looks like it paid off, I do not know most people that can leave their job anytime at 50 and have $45,000 a year income while not having to pay a mortgage anymore.

Troll. IP 104.247.230.71. – Garth

#30 Big Bucks on 08.21.22 at 1:44 pm

Forget GIC’s they stink—-take the equity out of your home and put it into Nortel.What a knucklehead!

#31 gic owner on 08.21.22 at 1:49 pm

Anyone that has GICs or likes GICs now on this place is a troll. As interest rates rise, GICs look more attractive as they did back when interest were normal not so low like just 2 years ago 1.5% to 2.5%. When people see 5%, it is hard to not look at them.

Troll. IP 104.247.230.71. – Garth

#32 Inequity on 08.21.22 at 1:51 pm

I was going to suggest that because they came from a Teksavvy IP, they might be someone with “too much free time”

#33 Shawn on 08.21.22 at 1:54 pm

Trolls, well that’s disgusting.

If I am going to help educate people and debate things and with people they should at least be genuine people.

These people (or bots) are absolutely disgusting.

Or maybe the GIC club shares an internet connection or there is one shared one at the loonie bin.

Just so disappointing.

You’ll always know it’s me just from the typos and “becasue” I tend to make certain spelling errors over and over. Also of course from mu unapparelled wisdom and font of knowledge.

#34 Manipluated on 08.21.22 at 1:59 pm

Hey Fake, you mean just like interest rates for the last say 12 years. You mean a savings account, GIC, term deposit, Ontario savings bond before they were discontinued interest rate of 3% maybe 3.3% was normal and in the past was close to covering inflation, taxes. Come on, it is all a big manipulation of lower to lower interest rates hitting the basement to make stocks, real estate, bond values look much better than they are.

Troll. IP 104.247.230.71. – Garth

#35 Dr V on 08.21.22 at 2:01 pm

17 Booze

“Given the size of real estate to the Canadian economy, if this truly corrects or even crashes, what does that mean to equity investors?”
——————————————–

Many share this concern. Our beloved bank stocks would certainly retreat. Please consider the following actions:

1) back up truck
2) Purchase ZEB.TO (not a specific recommendation,
just an example)
3) collect continued dividends
4) smile

#36 Faron on 08.21.22 at 2:04 pm

Troll. IP 104.247.230.71. – Garth

Garth, in case you haven’t looked, here’s a potentially useful part of the ARIN entry:

OrgAbuseHandle: ABUSE816-ARIN
OrgAbuseName: Abuse
OrgAbusePhone: +1-519-360-1575
OrgAbuseEmail: [email protected]
OrgAbuseRef: https://rdap.arin.net/registry/entity/ABUSE816-ARIN

I’d by happy to write some python that files a complaint at that email about ten times a second until the trolling stops. Fire with fire etc.

#37 Beavis on 08.21.22 at 2:06 pm

Whack a Troll.

Love it!

#38 Island Gal on 08.21.22 at 2:12 pm

Garth, How high-tech James Bond of you! I love how you’re calling them out. Some of the seemingly stupid folk are actually not stupid but evil! Do they realize that I now trust your daily musings even more now?

I miss the Smoking Man. His comments came from a completely honest and ethanol-assisted place. He would have something to say about this!

#39 Really on 08.21.22 at 2:13 pm

So my 80 year old mother should put all her money in a mixture of stocks, corporate bonds, etfs, reits, corporate class mutual funds, gold funds, mining funds, international funds but not GICs even a savings account. I have seen alot of people get convinced to use borrowed money to put in these funds, stocks, reits, corporate bonds. It is called margin. Why would someone borrow to pay 5%, 6% interest year in and year out plus fees probably higher rates now and risk losing an original investment each time.

Troll. IP 104.247.230.71. – Garth

#40 Victor Llearna on 08.21.22 at 2:13 pm

Looks like Maggie, Dana and Chris. Plus, Amanda, Craig, Tammy, George, Rolly and Linda Barton need to learn how to use VPNs. I guess they are low tech spreaders misinformation.
but why pick on this site? Maybe there are actually webcrawler bots out there that his any sites with a message board and spread their agendas

#41 Cheese on 08.21.22 at 2:14 pm

ip:”104.247.230.71″,
hostname:”104-247-230-71.cpe.teksavvy.com”,
city:”Toronto”,
region:”Ontario”,
country:”CA”,
loc:”43.7001,-79.4163″,
org:”AS5645 TekSavvy Solutions, Inc.”,
postal:”M5A”,

IP reported to teksavvy for multi account spamming

#42 Cheese on 08.21.22 at 2:16 pm

DELETED

#43 Doug t on 08.21.22 at 2:21 pm

Garth lord of the Troll hunters – put their heads on pikes Garth – giddy up

#44 Cheese on 08.21.22 at 2:22 pm

In retrospect, delete my previous comments :P, that info was just for garth

#45 The General on 08.21.22 at 2:22 pm

I see the trolls being outed. Good show!

#46 Habitt on 08.21.22 at 2:24 pm

Thanks Garth. You’re a true voice of reason. Love how you call em out. Lol Don’t ever change.

#47 Penny Henny on 08.21.22 at 2:26 pm

#103 Faron on 08.21.22 at 11:06 am

These effects are just the tip of the iceberg too. The climate change party is juuuuust getting started.

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

I love a good party.
I’ll bring the dip!

#48 The General on 08.21.22 at 2:26 pm

Hey, trolls : Please post NOW, so everyone can see your hypocrisy! A-I generated perhaps?

#49 just a dude on 08.21.22 at 2:28 pm

Garth, very interesting post. Sounds like classic “pump and dump” but … for GICs?? I don’t get it.

The internet is great for so many reasons but it’s also horrible for giving a voice to shady folks and manipulative organizations.

A healthy dose of skepticism is always warranted when reading, well, most anything. Thank you for the reminder, and for all that you do.

#50 Penny Henny on 08.21.22 at 2:30 pm

A GIC club? Seriously? If I had to talk about guaranteed investment certificates for four hours I’d be dead.-GT

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

Faron’s climate change party sounds like more fun.

#51 DJT on 08.21.22 at 2:31 pm

Last GIC I bought in 1992 paid 15% on the 3-year.

#52 Cheese on 08.21.22 at 2:35 pm

I’d rather get more ZPR than a GIC, despite it being down 10% from previous purchase. GIC’s are gross.

#53 Faron on 08.21.22 at 2:37 pm

#105 Ed on 08.21.22 at 12:11 pm

I hope the trusty climate models take into account reversion to the mean…

Send in the clowns!

Yes, it’s called the hydrological cycle. The models simulate it well. Water on the planet is roughly a fixed quantity +- electrolysis/combustion that are negligible sinks/sources.

#54 Faron on 08.21.22 at 2:40 pm

#50 Penny Henny on 08.21.22 at 2:30 pm

Faron’s climate change party sounds like more fun.

Hah, good one.

#55 Stone on 08.21.22 at 2:47 pm

Can we focus next on the trolls who believe you need $5 million invested in order to retire adequately?

#56 Turner Nation's long lost brother on 08.21.22 at 2:50 pm

Government of Canada to announce funding for a safe voluntary isolation site in Windsor-Essex

Media advisory

August 19, 2022, Windsor, ON – Irek Kusmierczyk, Parliamentary Secretary to the Minister of Employment, Workforce Development and Disability Inclusion, on behalf of the Honourable Jean-Yves Duclos, Minister of Health, will announce funding to support a safe voluntary isolation site in the Windsor-Essex region.

Parliamentary Secretary Kusmierczyk will be joined by Gary McNamara, Mayor of Tecumseh and Warden of Essex County.

There will be a media availability immediately following the announcement.

https://www.canada.ca/en/public-health/news/2022/08/government-of-canada-to-announce-funding-for-a-safe-voluntary-isolation-site-in-windsor-essex.html

“Voluntary”. Riiiiiiiiight. Am I the only one slightly disturbed by this government building internment camps all over Canada?

#57 Parksville Prankster on 08.21.22 at 2:50 pm

Now, I don’t have me no fancy edumacation, but isn’t it possible that the IP address being posted as ‘troll’ might be pinged, or dinged, or otherwise molested and abused for nefarious purposes by readers that may so be inclined? Just asking for a friend.

#58 Phylis on 08.21.22 at 2:53 pm

Hey Linda B, how much do you make when you sell, let’s say a 10k gic? Come on now, time to fess up, be honest.

#59 Yukon Elvis on 08.21.22 at 2:55 pm

#25 X on 08.21.22 at 1:26 pm
re #10 – the banks sell them, because the banks make money off of them. LOL. Better to buy the bank shares. Tax efficient dividend, annual raises, share appreciation.
++++++++++++++
Nailed it.

#60 Penny Henny on 08.21.22 at 3:03 pm

#41 Cheese on 08.21.22 at 2:14 pm
ip:”104.247.230.71″,
hostname:”104-247-230-71.cpe.teksavvy.com”,
city:”Toronto”,
region:”Ontario”,
country:”CA”,
loc:”43.7001,-79.4163″,
////////////////

Hmmmm,
lives on Forest Hill Road.
Disgruntled client?
Real Estate broker?

Real estate is slow right now, guess they have a lot of time on their hands.

#61 Shawn on 08.21.22 at 3:04 pm

I said I had “unapparelled wisdom”

Clearly an intentional spelling mistake. Well, parallel has always been too hard to spell and that’s the fault of the English language and its mongrel mixed breed history and not my fault of course.

#62 Penny Henny on 08.21.22 at 3:04 pm

here’s a street shot.

https://www.google.com/maps/@43.7000094,-79.4161031,3a,75y,341.98h,105.21t/data=!3m7!1e1!3m5!1sr3fmR1aC51zwPDbahsJa5w!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fpanoid%3Dr3fmR1aC51zwPDbahsJa5w%26cb_client%3Dmaps_sv.tactile.gps%26w%3D203%26h%3D100%26yaw%3D318.79788%26pitch%3D0%26thumbfov%3D100!7i16384!8i8192

#63 Ben Smith on 08.21.22 at 3:08 pm

ISP Ashdown Technologies. Someone in Chatham-Kent

#64 Søren Angst on 08.21.22 at 3:10 pm

104.247.230.71.

Comments over the years that many are IT Professionals.

But oh no, dung for brains at the above IP decides to continue spamming the Blog Comments section today, you know, thinking no one can possible track them down.

Guess what?

They did.

——————–

Give it up 104.247.230.71. before some of the talent that frequents this Blog makes good on their promise to complain and shut you down.

Quit while you’re ahead AFTER apologizing to Garth and the Blog.

Speaking for myself, please don’t come back.

#65 KLNR on 08.21.22 at 3:14 pm

trump-bots, anti-vax bots and now GIC-bots?

Don’t be a dummy, do your own due diligence in everything.

#66 Linda on 08.21.22 at 3:15 pm

Anyone remember Canada Savings Bonds? That guaranteed investment that the Government of Canada stopped issuing in 2017? Apparently the last bonds matured in December 2021, so anyone holding them should cash them in as no more interest is forthcoming. Used to be every autumn we’d all get reminders with our payslips to buy CSB’s, plus there would be posters, advertisements etc. talking about what a great investment they were. Sort of like the government version of GIC’s.

I’m not saying GIC’s are of no value. I’m sure that having some $ in them is useful to many people. However, don’t forget to stay balanced & diversified.

#67 Felix on 08.21.22 at 3:16 pm

Congratulations, Garth!

Three days in a row with no dogawful canine photos :)

You’ve just scored a Hat Trick!

(Also known as a Cat Trick, a measure of true excellence. FYI, three days of dog pictures in a row is called a Strikeout)

#68 I’m stupid on 08.21.22 at 3:21 pm

Garth it get even more nasty than trying to troll a site. My friend died suddenly at 41. His death caused a lot of social media traffic from friends and family looking for information. A fake YouTube video and other accounts were created to get some of that traffic. This is the world we inhabit unfortunately.

#69 Søren Angst on 08.21.22 at 3:29 pm

#103 Faron on 08.21.22 at 11:06 am

These effects are just the tip of the iceberg too. The climate change party is juuuuust getting started.

———————-

Firstly Faron, you know that I love you and share your Green Energy aspirations vis-à-vis climate change (stalling, eliminating).

BUT, as a European I can tell you this:

All the Green Energy Tech in the World is not going to save us Europeans this Winter from freezing and not being able to cook a meal. Fossil fuels will though.

The Ukraine War laid bare that the BS of Green Energy Tech is precisely that.

In time, a few decades? we will no longer FEAR nat gas and oil shutting down an entire continent and taking 3 of the G7 down with it.

Finally:

As for now, we are in fear. Sorry, but we are.

Including me.

#70 Flop… on 08.21.22 at 3:39 pm

“This fakery resulted in MSM headlines across Canada in December of 2021. It was perhaps responsible for a surge in buying activity in the next sixty days, leading to Peak House values in February of 2022.”- Thor Turner.

Better Dwelling took a break from blaming the real estate cartel and decided to hoe the boots into The Bank of Canada instead…

M48BC

————————————————————————

“Here’s How The Bank of Canada Drove Over 250,000 Excess Real Estate Sales.

Canada’s real estate bubble went from a small localized problem in pricey cities to a country-wide failure. Excessively long use of low rates from the Bank of Canada (BoC) drove tens of thousands of excess home sales over the past two years.

Now that rates are rising, purchase volumes have suddenly cratered and prices are beginning to come back down to normal. Just how many excess sales did the BoC stimulate? Let’s crunch the numbers, but first we should explain the how and why monetary policy influences sales.

The Bank of Canada Drove 262k Excess Home Sales Over 2 Years.

The BMO chart largely marks the positive flow as excess demand, but some of that demand was delayed. From April 2020 to April 2022, existing-home sales in Canada work out to just over 262,600 homes.

That’s roughly 1 in 5 existing-home sales over that period, working out to an excess dollar volume of $181 billion. It’s absolutely bonkers how much demand was driven by the central bank.”

https://betterdwelling.com/heres-how-the-bank-of-canada-drove-over-250000-excess-real-estate-sales/

#71 Mr Happy on 08.21.22 at 3:53 pm

No One can really be anonymous… Took me all of 3 minutes to find his/her address to be:

xxxxx Don St, Ottawa, ON K2B 6Y4

I even got a picture of the house… LOL

#72 Cheese on 08.21.22 at 4:02 pm

Remember that IP addresses can be spoofed, or just a routing point for the bots, even a compromised router. its been reported to the ISP via an email.

#73 Dragonfly58 on 08.21.22 at 4:08 pm

Not sure it’s such a good idea to out and retaliate against trolls. They will probably just learn from the situation and return in a more devious, better camouflaged form.
Perhaps some specific word used in Garth’s reply could signal to the legit users this is a troll without letting on that the forum at large is wise to what is being inserted into the usefull parts of the conversation.

#74 Dragonfly58 on 08.21.22 at 4:27 pm

Stone #55. I always thought the falseness of that was self – evident. Most of us manage the first 80% of our lives on a whole lot less than $5,000,000.00 . Why would the last 20% possibly need that much ? Lets see , finish uni at 25 , work till 65 or so = 40 working years. Even at $100,000.00 / year , which only a very small number of Canadians average over their working life, that only adds up to $4,000,000.00 . And that’s before tax income. About $70,000.00 / year after tax.
So a pretty darned good income over you whole working life might = $2.8 Million. How would anyone other than perhaps the top 2 or 3 % of Canadians ever set aside $5 Million for retirement ?
Earn $200,000.00 / year and live the life of a monk in order to provide for your retirement ? Can’t see that happening in any but a handfull of households.

#75 Phylis on 08.21.22 at 4:27 pm

#60 Penny Henny on 08.21.22 at 3:03 pm
#41 Cheese on 08.21.22 at 2:14 pm
ip:”104.247.230.71″,
hostname:”104-247-230-71.cpe.teksavvy.com”,
city:”Toronto”,
region:”Ontario”,
country:”CA”,
loc:”43.7001,-79.4163″,
////////////////

Hmmmm,
lives on Forest Hill Road.
Disgruntled client?
Real Estate broker?

Real estate is slow right now, guess they have a lot of time on their hands.
Xxxxxxx
It’s coming from the porta potty in the side yard!

#76 Faron on 08.21.22 at 4:31 pm

#69 Søren Angst on 08.21.22 at 3:29 pm

That’s a legitimate worry. Don’t need me or anyone to tell you that and anyone who plays down this winter’s crisis is an a hole. The European economy may be about to enter a world of pain.

Fear of nuclear power is a big part and lead to some very dumb policy after Fukushima. Long-time reliance on cheap Russian gas (we knew pretty well what Putin’s intentions were back in ’14) didn’t help though.

What’s coming this winter is “baked in”. Let’s hope for some anomalous warmth your way. Soak up those rays while you can.

#77 West New West on 08.21.22 at 4:31 pm

Watching Paint Dry Club (WPD). WPD meets every month to…..yes, to watch paint dry. One of our members told us about this other club he belongs to….GIC Club. He invited us to join but……it was too much excitement for us.

#78 Hans on 08.21.22 at 4:35 pm

Garth, could there be another explanation? I can’t imagine there’s a huge profit in convincing people to buy GIC’s. Anyone here that can explain having the same IP show up – perhaps using the same IP software like those calls from scammers trying to pretend to be CRA agents, but their phone number shows up as a local number? I don’t understand why someone would waste time and effort flogging GICs. Odd.

#79 Flop… on 08.21.22 at 4:36 pm

24 Don Guillermo on 08.21.22 at 1:17 pm

Turkey is full of incredible historic sites. Ephesus is one of the best. I had the privilege to live and work in Turkey (1 1/2 hrs west of Istanbul) pre Erdogan for 2 years. It was a great experience.

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

Hey Don, yeah I was pleasantly surprised by my experience in Turkey in the summer of 2000 for six weeks.

Arrived through the side door in Kusadasi after a month or so of heavy drinking in Greece, I needed to dry out a bit.

Worked our way up to Istanbul, was travelling with a mixture of Aussie and Kiwis, so we went and honoured the troops at Gallipoli.

My favourite bits were Cappadocia, Pamukkale and Butterfly Valley, went to Ephesus also, and got one of my favourite photos of the trip.

Turkey was back then way better bang for buck than Greece, I’d be surprised if it wasn’t still to this day.

Syria, no rush to go back, guess I’m glad I got to see it before it got blown to smithereens.

I would go back to Jordan again, no problems.

I guess the thing in Turkey that surprised me the most was how organized and clean the coach travel was.

We took probably close to 30 trips with different companies, and every time someone would bring drinks around and some sort of watered down spray cologne that you would spritz yourself with so you couldn’t smell the stinko’s.

Don’t ever recall that happening on Greyhound…

M48BC

#80 the Jaguar on 08.21.22 at 4:39 pm

An interesting subject. People posting under fake names, posting from the same IP address under multiple names, or what is really the lowest of the low—posting under the name of another ‘regular’ poster.

Hard to understand the mentality that would stoop so low. But it has been noted here. Fake posts using my ‘handle’, also BillyBob’s , and Sail Away in the past. I brought my example to Garth’s attention with no repeat offence. Maybe someone got ‘schooled’ in the same way this present day IP poster has been exposed.

There was also one gob smacking example of someone presenting under a different name after Garth used that person’s letter of angst in one of his daily posts. That was really one for the ages, Sean. And there have been some recent postings under other names that are ‘oh so very transparent’ when the words chosen (clowns) and target of attacks so equally transparent.

What I have never been able to understand is why someone who is obviously quite intelligent and principled on issues of true beliefs would fall so far from reasonable behaviour and respectful norms.

#81 Wrk.dover on 08.21.22 at 4:43 pm

#62 Penny Henny on 08.21.22 at 3:04 pm
here’s a street shot.
_____________________________

Not much of an estate for what it would supposedly “be worth”. I’m trolling for the Bunny Patch. Heck, I’m thinking Henny’s place across the river from Welland is probably just as big and a third of the price. And where are this trolls garages anyway?

#82 Rhonda at the 24 on 08.21.22 at 4:43 pm

Now is the best time to buy rural Ontario real estate. The amount of pollution that Trudeau and Drake emit with their private jets and public speeches and rap songs will make temperatures rise. Going up north is where it’s at.

#83 Quintilian on 08.21.22 at 4:45 pm

Hey Flop,
Remember a while back I was dumbfounded by the quick sales in my folks neighbourhood?

Went by a couple of the quick sales, and noticed they have been demolished, and what appears to be replacing them is multiunit construction.

So, I guess 2 million for a lot to build several units is what is making it feasible.

Glad also to report, more for sale signs in the hood, going stale.

Not all that glitters is gold.
Tick Tock, Tick Tock

#84 Yugi Moto on 08.21.22 at 4:47 pm

Now is the best time to buy rural Toronto real estate. Brad Lamb helped us get 50,000% yoy returns in rural Toronto real estate. We bought a $5,000 strip of land in the Danforth and resold it got $15 million to a developer.

#85 Sail Away on 08.21.22 at 4:52 pm

#69 Søren Angst on 08.21.22 at 3:29 pm

BUT, as a European I can tell you this:

All the Green Energy Tech in the World is not going to save us Europeans this Winter from freezing and not being able to cook a meal. Fossil fuels will though.

As for now, we are in fear. Sorry, but we are.

Including me.

———-

It’ll be ok, Soren. The average annual temperature of earth is fairly constant around 13.9 C. There may be some regional, seasonal, artesianal variability. Grab the opportunity and start selling snowmobile suits. You already survived the insanely dangerous Covid, so I, for one, have faith in your resourcefulness.

#86 Bezengy on 08.21.22 at 5:12 pm

So how much of our news is actually fake? I’ve been wanting to ask this question for awhile. Will this year truly be the coldest in history?, or does someone want to spike gas prices. My guess is about 90 percent of our news intake is directed at sending out a message carefully crafted to benefit one entity or another. You bet I’m skeptical.

#87 Ken R on 08.21.22 at 5:13 pm

#37 Beavis on 08.21.22 at 2:06 pm
Whack a Troll.

Love it!

Thanks for that one; laugh of the day!

#88 J M on 08.21.22 at 5:24 pm

Thanks Garth! I have enjoyed your blog for many years. And I’m still learning new stuff each day! Keep it up!

#89 Mike on 08.21.22 at 5:39 pm

For independant minded old people who have done well investmentally, GICs can alleviate worries of losing it all so close to the finish line. Getting a good night’s rest is important when health is more valued than even wealth accumulation. And a good game of bridge need not be imperiled by nefarious financial hucksters trolling from some offshore under the table setup.

#90 Ed on 08.21.22 at 5:48 pm

Garth …post my IP please…I doubt anyone can track me…not using VPN etc either.

At any rate I quit buying GIC’s once they paid less than 3% and put all the ladder funds toward Choice REIT (in RIFF)

Now I’m getting better rates so selling Choice and use funds for regularly rebuilding my ladder *about 20% of my portfolio.

Its kinda like a self directed annuity that pays for my cat food.

#91 chalkie on 08.21.22 at 5:50 pm

Anyone thinking that they are ahead of the game by buying GIC’s, give your head a shake, its like watching paint dry, you have to wait the full term of the investment to see any Interest. So many other great tools available in the markets and I cant believe people in this day and age, still buy GIC’s and think they are in modern times of investing.

#92 Rassy on 08.21.22 at 5:52 pm

I just got a flyer from a local Remax agent in Hamilton, he says that because prices doubled over the last 10 years, they will double every 10 years in the future too. So he’s promising a 7% annual rate of return, where’s the regulators?

#93 Triplenet on 08.21.22 at 5:52 pm

Well now that no-one believes main street media, the Remax’s, Royal Lepage’s, and a 27 year old Vancouver realtor about real estate trends and values – I come to the conclusion that you should pay attention to the HPI – which you call a ‘frankenumber’.
An index by professionals with real estate degrees, offices in major world cities, advisors to all levels of Canadian governments, Reits, investment companies, property taxation compliance and probably the Catholic Church. (i put that in for fun).
If your ETF fund includes real estate – the Altus Group is probably your corporate advisor.

#94 oops on 08.21.22 at 5:55 pm

Duct cleaning anyone?

#95 Dave on 08.21.22 at 6:13 pm

I wonder what might be going on around Taiwan and China these days. Currently there is a Boeing RC 135U Combat Sent on the runway in Okinawa, Japan. Only 2 of these aircraft exist in the world and one is in an area where there could be some bad stuff happening.
I hope not….
https://www.af.mil/About-Us/Fact-Sheets/Display/Article/104495/rc-135u-combat-sent/

#96 DON on 08.21.22 at 6:22 pm

“I will try to keep the gate locked, but doubtlessly many have already slipped through.”

**********

Leave the gates open…after all they come in peace with impecccable grammarr and deluded knowledge but a wealth of experience in spin with a clown smile.

But they’ll GO in pieces.

Just like Chucky!

#97 DON on 08.21.22 at 6:26 pm

” #73 Dragonfly Perhaps some specific word used in Garth’s reply could signal to the legit users this is a troll without letting on that the forum at large is wise to what is being inserted into the usefull parts of the conversation.”

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

I second that motion…our very own game of whack a mole…oh please please Garth.

#98 yvr_lurker on 08.21.22 at 6:44 pm

why on earth would anyone (or a group) want to waste their time trolling this GIC stuff or anything for that matter. Is there nothing more productive to do? Back to my painting job, which I actually don’t mind. People are strange.

#99 Yukon Elvis on 08.21.22 at 6:45 pm

#71 Mr Happy on 08.21.22 at 3:53 pm
No One can really be anonymous… Took me all of 3 minutes to find his/her address to be:

xxxxx Don St, Ottawa, ON K2B 6Y4

I even got a picture of the house… LOL
+++++++++++++

If you can find their address perhaps they can find your address as well. Perhaps they might send someone to visit you.

#100 DM in C on 08.21.22 at 7:03 pm

Good, roast the trolls and let’s have a cook-out.

They are typically AI generated, so they are actively learning.

In my profession I’ve sat through demos of AI generated social media posts for B2B companies. It’s everywhere.

Question everything. Online manipulation is quite real.

#101 HannibalSmith on 08.21.22 at 7:16 pm

Wow, that’s crazy Garth. GIC trolls lol. Good work exposing!

#102 CJohnC on 08.21.22 at 7:25 pm

Teksavy a service provider owns the range of Ip addresses that yesterday’s and today’s ip’s are contained in.

Both Ip addresses. Actually are coming from Chatham-Kent.

#103 Flop… on 08.21.22 at 7:55 pm

When can we go after the people who thought that it was a good idea to switch plastic bread ties with cardboard ones…

M48BC

#104 sierts on 08.21.22 at 7:57 pm

#49 just a dude on 08.21.22 at 2:28 pm

Garth, very interesting post. Sounds like classic “pump and dump” but … for GICs?? I don’t get it.

———-

It must not be FOR something.
Trolling most often is AGAINST something or someone.

By mentioning the most braindead type of investing as often as possible in the commentsection, “they” lower the level/value of the entire blog.
Which in turn could drive newcomers away.

Or the goal could be to dance on Mr. Turners nerves, untill he closes the comment section.
Again, a closed comment section would result in the loss of some readers.

Or there could be no goal. It could be just one deeply offended individual, who doesn’t get over a deleted post of his.

Or it could be a 15 year old in a basement, who likes to nerf people.

Or, or, or…

As mentioned by somebody above, the best way to handle trolls is to strike back in kind.
make virtual-life uncomfortable for the troll.

The good old eye for an eye.

#105 Ordinary Blog Dog on 08.21.22 at 8:02 pm

Thanks for showing us some of the nasty side of the www Garth. I do not believe people realize how pervasive and ‘bad’ the internet can be. People do not realize what they give up when they engage in social media, and it starts with the EULA at the beginning. Trolls are everywhere, be careful out there.

#106 604Sam on 08.21.22 at 8:24 pm

Can you imagine- a GIC club. That is hilarious. First rule of geriatric GIC club- do not talk about geriatric GIC club. LOL.

Of course these trolls will now just use IP masking software.

Maybe you should have just closed down the comment section after DSM croaked. RIP.

#107 Bob in Hamilton on 08.21.22 at 8:33 pm

Garth Turner aka The Troll Hunter

#108 It's baaaaaaaaaaaaaaack on 08.21.22 at 8:34 pm

Remax Canada: Detached-home buyers emerge as prices drop.

Detached prices will soon be rocketing up.

#109 tiggers on 08.21.22 at 8:35 pm

#80 the Jaguar on 08.21.22 at 4:39 pm

so far from reasonable behaviour and respectful norms.

When respectful behaviour and reasonable norms include lying, blind fealty to authoritarian leaders, hypocrisy, immature commentary on personal appearance, downplaying the deaths of millions, posting snuff videos, racism lite and support for racists, and easily shorted stock suggestions… we’ll… need a Tigger answer that question?

To put a fine point on it: if you, BillyBob, Old Boot, Yukon Elvis, Sail Away etc. represent reasonable behaviour and respectful norms, I think the reason for a hard pass is pretty clear. I’ll take the shorts and bounce!

#110 crossbordershopper on 08.21.22 at 8:43 pm

all i am thinking is if i meet up with some older ladies we can talk about GIC’s for a bit, sure , but I assume the fun starts after that, or is that just what im thinking.
what is there to talk about GIC’s that cant be discussed in 10 minutes, all canadian financial institutions are insured, only duration and yield are in my opinion trivial differences. of fraction of a percent per year.
which leads to the fun after the discussion. like really, GIC’s.

#111 Dave on 08.21.22 at 9:03 pm

Also regarding comments about it being from Chatham… The IP address is registered in Chatham – lo and behold Teksavvy’s office is Chatham – doesn’t necessarily mean the alleged trolls are Chatham (could be but not at all conclusive)

#112 mark on 08.21.22 at 9:11 pm

I thought the first rule of GIC club is you don’t talk about GIC club!

#113 Flop… on 08.21.22 at 9:13 pm

Quintilian on 08.21.22 at 4:45 pm
Hey Flop,
Remember a while back I was dumbfounded by the quick sales in my folks neighbourhood?
Went by a couple of the quick sales, and noticed they have been demolished, and what appears to be replacing them is multiunit construction.
So, I guess 2 million for a lot to build several units is what is making it feasible.
Glad also to report, more for sale signs in the hood, going stale.
Not all that glitters is gold.
Tick Tock, Tick Tock

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

Hey Quint, just had a quick look, only 6 houses for sale up in that hood.

It not the biggest area to begin with to be honest, only 2 sales in the last 90 days, the one on Belmont for 2.18 and the one on Belcarra for 3.2

Listings in Flopville are slowly reducing their prices and becoming stale at the same time.

Having said that a new one has come on at what seems like a decent price for the property, and so I would not be surprised if it goes in the first 14 days.

On a slightly different note, this house out in the recreation paradise of Cultus Lake that I spotted when I was doing a Flop Drop post in nearby Chilliwack, is probably as good a value that is going around at the moment.

https://www.zealty.ca/mls-R2709651/43323-OLD-ORCHARD-LANE-Columbia-Valley-BC/

Someone paid 815k for the 5 year old house in a gated community, with hiking, fishing and bang, bang on your doorstep.

It has a massive clubhouse, pool, and for those ageing, the master is on the main floor, so I imagined a retired couple, but maybe not.

I thought the other day the Engineer from Edmonton that is bored out of his mind, could try to find Edmonton version of this area, would be hard not to spend more time playing amongst nature with the kids, less time thinking about how you hate your job, 2 or 3 days from home probably even better.

Neighbours probably too close for some people, like Trackie.

Also, I see scientists in Texas are looking at bringing The Tasmanian Tiger back from extinction.

If you see one, don’t shoot, it’s probably just me going for a hike…

M48BC

#114 Tom from Mississauga on 08.21.22 at 9:16 pm

GIC trolls, right when I thought I’d seen everything…

#115 the Jaguar on 08.21.22 at 9:49 pm

Re:::::#109 tiggers on 08.21.22 at 8:35 pm ( A.K.A. everybody knows)

Even now doesn’t have the go-nads to present under his name. No wonder. SHAME.

Instead posts the ‘best defense is a good offense’ ploy. In the ‘extreme’, i.e. ,
“deaths of millions, posting snuff videos, racism lite and support for racists,”…

What in hell does that have to do with the deceitful posting of comments under another person’s known posting entity? Playing the ‘race card’ + as always. What a coward.

As if Garth would allow any of the above to be posted.

And, as if that seriously pathetic attempt at diverting attention from the primary issue of posting under other posters names/handles might erase your guilt. Here is an example:

Garth: Any chance we can get the IP address of who posted this ?++++

#24 Billy Bob on 08.26.21 at 3:16 pm
Cons have too many friends in oil & gas and the world is moving away from that so – PASS
Trudeau wants to tell Canadians what to put in their body – PASS
Jag is starting to look like a viable candidate IMO..++++

#115 BillyBob on 08.26.21 at 9:27 pm
Just for the record, the fake “Billy Bob” represents the polar opposite of my views on O&G…I’m just too busy happily burning as much Jet A as I can these days, to bring y’all your cheap crap you buy online, to properly articulate the asininity of his position.+++

What an A-hole.

#116 AACI Homedog on 08.21.22 at 9:53 pm

Could they be generating all these ridiculous GIC promoting comments with some fancy software?

#117 Nonplused on 08.21.22 at 10:01 pm

Well, whether they be trolls or bots, one thing is for sure: GIC’s when inflation is raging at 8.5% are guaranteed to erode wealth.

Look folks (and bots), when inflation is at 8.5% and your GIC is pulling down 3% it doesn’t matter that your money grew to $103 per $100. You still need $108.50 to buy the same amount of bacon. Ok, bacon is a bad example because it, and most of the “cheap” food items, are up more like 30% so you need more like $130 per $100 to stay even. Anyway, you get the point.

Inflation is not dead. A little relief at the pumps caused by sudden demand destruction because people cannot afford to fill up the boat, local to only the US & Canada and likely very temporary in nature, is not the same thing as economic happiness. 8.5% inflation is not “peak inflation”. It means prices are still travelling up at 8.5% per year! Over 4 times target! It is economic suicide if allowed to persist. It is crazy! It is the worst economic situation in a generation at least!

How can everyone be so sanguine about 8.5%? I think you people are all suffering from some sort of mental blockage. Cognitive dissonance or something. What we’ve got at best is we just got hit by an 8.5 foot wave rather than a 9.1 foot wave! That doesn’t mean the storm is over and we can put out the sails! We still got to bail or the boat is going down!

Now here is the other saddening fact: The reduction in inflation that we have seen for this long, enduring one whole month, the greatest single data point in history, is not being caused by “good” deflation. You know, increased production, efficiency, trade expansion, specialization, mechanization, yada yada yada. Nope. It is demand destruction. The bad kind of deflation. That means as we head to 2%, we are headed to all kinds of sadness. The sort of sadness where prices keep going up but it’s ok because you don’t have a job anyway.

And the sad part is that there are reasons. Reasons some people understand quite well. This predicament is self induced. It is not natural. It didn’t have to happen. One day soon the reasons will be more widely understood. In that sad day those responsible will flee to their bunkers, which will be ironic because the mob will cement them in.

#118 Faron on 08.21.22 at 10:03 pm

#115 the Jaguar on 08.21.22 at 9:49 pm

the deceitful posting of comments under another person’s known posting entity

Oh, wow. You think I am behind every spook out there? Check yourself Kougar Kat. Also, it’s not me, but who cares?

#119 Troll. IP 104.247.230.71. on 08.21.22 at 10:03 pm

Keep up the good work G-man. They’re everywhere.

#120 Upenuff on 08.21.22 at 10:59 pm

Garth, thanks for the great detective work!

Still, curious as to why the topic for the trolls would be GICs…..?

#121 Pro-Vaxer on 08.21.22 at 11:03 pm

Garth is spewing a disturbing anti-GIC conspiracy nut propaganda.

#122 Linda on 08.22.22 at 12:33 am

#74 ‘dragonfly58’ – like you I find the concept one must have far more $ in retirement than one actually earned during one’s working career a tad bizarre. I guess it all depends on what one’s retirement dreams are. If one wants to live the lifestyles of the rich & famous – own all the designer duds, live in a huge McMansion, own fancy cars, dine at fancy restaurants, travel first class to exotic locales for extended stays in high end accommodations etc. then yes, one would “need” one big pile of $ upon retirement!!! Thing is though that if one doesn’t already live said lifestyle chances are that having a much more modest retirement fund will be all one truly needs to enjoy oneself upon retirement. Working is surprisingly expensive – clothes, transportation, grooming, work related expenses like meals with coworkers etc. add up to quite a chunk of change. Then there are all the deductions – income tax, CPP, EI, possibly a workplace pension plan, maybe union dues, probably some health care costs too. That takes a fair chunk of change out of the take home pay.

Bottom line is that is one retires without any major debt & especially if one has even a modest workplace pension in addition to CPP/OAS then chances are that retiree will enjoy their ‘golden years’. Those who have no additional workplace pension do need to set funds aside to pad out their income stream in retirement, but if a B&D portfolio can provide 5% or more in annual returns one doesn’t need millions. $500K would likely be sufficient to maintain a comfortable lifestyle.

#123 Blobby on 08.22.22 at 12:47 am

Both IP addresses come from this postcode:

CHATHAM-KENT, ON, N7M5J5

Which narrows it down a fair bit

#124 Blobby on 08.22.22 at 12:53 am

I meant to post this earlier, but got called away to do some yard work.

Yes, it’s possible to spoof your ip or use a vpn, but what’s strange here is both the IP addresses used trace back to this exact post code:

N7M 5J5

My guess is, if you know someone who sells GIC’s in this area.. then it’s a fair bet :D

#125 Ponzius Pilatus on 08.22.22 at 12:56 am

#28 crowdedelevatorfartz on 08.21.22 at 1:40 pm
I, however, Am Not a Troll……..
(unless im commenting on Ponzie)
———————-
Haha
Seems like we are one of the few left.

#126 AM in MN on 08.22.22 at 1:02 am

Imagine how bad the troll army of Libs is that hit the CBC and G&M regularly. Almost unreadable.

Soren, Italy isn’t that cold, unless you’re up in the mountains. Head to Sicily for the winter.

I’ve done a lot of business with very technical Germans for a couple decades now. Very smart and very stupid people all rolled into one. Hoping this winter delivers them the spanking they so need.

I’d like to see Alberta cut the gas tap off to Toronto for the winter, maybe knock some sense into their heads as well.

The issue is the great plague of white liberals upon the earth right now. They virtue signal their goodness by killing production, but continue to consume. Feeling good about killing future O&G development out west or on the Atlantic, but think nothing of jetting off on vacations, cranking up the heat in their big house all winter and importing huge amounts of oil from Saudi Arabia.

If any of them actually believed any of the green nonsense, they would change their lives.

There is no “climate emergency” causing problems that standard engineering practices can’t deal with. Canada alone has companies that operate big industrial operations in the coldest and hottest parts of the earth all year round.

Although I find myself holding back a bit on the complaining since I’m having one of my beast years going selling electrical equipment to huge solar and battery storage plants in CA & TX.

For anyone wondering what the future holds, it’s solar and storage. Getting there faster with today’s natural gas prices and a whole lotta tax breaks. They’ll be adding some more High Voltage DC transmission to move the power around as well. Not so much land based wind, no one wants the turbines near by.

Watch for new solar panels and methods that allow for some of the light to pass through, and space them out such that you can still grow crops and raise cattle underneath. Plenty of farmers starting to cash in now, more to follow.

Small scale nuclear in another 20+ years.

Remember Grade 10 Science, energy cannot be created of destroyed. There can never be an energy shortage, only policies of governments voted in by stupid people who don’t understand how anything works.

#127 Blobby on 08.22.22 at 1:03 am

Sounds great!

https://www.nbc.ca/personal/savings-investments/gic.html

#128 David Greene on 08.22.22 at 1:05 am

Or the same person is writing various blog comments from within the same household/office and they NAT enabled on their router, which makes it look like all machines/people inside that building use the same IP address.

You may be jumping to conclusions.

#129 Layton on 08.22.22 at 1:10 am

@120

Maybe the banks don’t got enuff liquid cash so they want cash to prevent a collapse.

And Rhonda and Yugi Motos comment are the same bot. “Rural Toronto” real estate lol

#130 The Gorn on 08.22.22 at 1:39 am

We are this close to global thermal nuclear war.

– Dr Falcon

#131 Charity on 08.22.22 at 2:25 am

OMG who let the dogs out? Been a long time where I’ve seen everyone on the same side (atleast Faron and the old cat got into it I’m just waiting for Felix to show up now to defend Jaguar)
But outside of that IP man is likely wondering if this dog pound is full of rabid k9s or seriously insane wealthy people who will buy GICs when they find his house.
And that is fair dinkham.

#132 Fred Dickerson on 08.22.22 at 2:37 am

In the US they have ” Russia Russia Russia” trolls from the farthest left . In Canada we have ” Trudeau Trudeau Trudeau” from TruAnon. They have ‘Haye Trump”. We have ‘Hate Harper’. We both have a climate Emergency. Isn’t it strange that all these memes are coordinated to raise taxes and lower the quality of life.

#133 Gravy Train on 08.22.22 at 6:26 am

#85 Sail Away on 08.21.22 at 4:52 pm
[…] The average annual temperature of earth is fairly constant around 13.9 C. […]

Your assertion is utter bullshit. You remind me so much of your fact-free compatriots Nonplused, BillyBob, fishman, the Cougar and, of course, your idol, Donald Trump.

Attached is the July 2022 Global Climate Report published by the National Oceanic and Atmospheric Administration (NOAA), which clearly refutes your bullshit.
https://www.ncei.noaa.gov/access/monitoring/monthly-report/global/202207

Or do you think NOAA is part of the ‘deep state’?! You’ve gone right down the rabbit hole, Alice!

#134 Wrk.dover on 08.22.22 at 6:48 am

#117 Nonplused on 08.21.22 at 10:01 pm
______________________________

Hear, hear!

#135 Loonie Doctor on 08.22.22 at 7:51 am

GIC club. Wow, maybe I could join to unwind after being overstimulated by paint-drying club.
-LD

#136 Steven Rowlandson on 08.22.22 at 8:07 am

Fakery. Everyone gets 6 digit incomes. That is fakery.
I just made my first ten thousand for the year as of last week. That puts me in the thirty thousand +/- price range to buy and 200 a month to rent. That isn’t fakery, that is reality and I am probably not alone in this situation.
How things wind up for the rest of the year is anyone’s guess.

#137 crowdedelevatorfartz on 08.22.22 at 8:24 am

@#103 Flop
“When can we go after the people who thought that it was a good idea to switch plastic bread ties with cardboard ones…”

+++
“Saving the planet one bread bag tie at a time…”

I can’t wait to see what the planet savers replace “single use plastic garbage bags” with…

#138 crowdedelevatorfartz on 08.22.22 at 8:33 am

@#129 The Gorn.

“We are this close to global thermal nuclear war.”

++++

Well.
When we have “Rasputin” as the chief advisor to Putin….. anything is possible.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjv7PT6uNr5AhWcADQIHf4SBMsQFnoECAQQAQ&url=https%3A%2F%2Fwww.bbc.com%2Fnews%2Fworld-europe-62621509&usg=AOvVaw27y33nTfI8m14OEEGH005k

I’m sure Putin’s paranoia and fears of “enemies everywhere” has jumped 1000% after that assassination attempt.

The irony of it all?
It was probably Russians that did it.
80,000 Russian casualties in a “war” only he wanted…..
Has a tendency to create many many enemies in ones own backyard.
Putin toast before Sept is out?

#139 Mr Happy on 08.22.22 at 9:30 am

“#99 Yukon Elvis on 08.21.22 at 6:45 pm
If you can find their address perhaps they can find your address as well. Perhaps they might send someone to visit you.”

Of course they could, that is the point. But it would be a poor choice. Are you still in High School?

#140 Summertime on 08.22.22 at 9:55 am

Peak inflation?

A startling new report forecasts the inflation rate in the UK could spike to 18% for the first time in nearly half a century due to surging energy costs in the upcoming winter season.

Benjamin Nabarro, the chief UK economist at Citi, told clients Monday that it expects CPI inflation to hit a mindboggling 18.6% in January due to soaring natural gas and power costs.

#141 epic bear on 08.22.22 at 9:56 am

we are going into a deep recession.

German benchmark electricity price jumped >25% on Monday to pass €700 per megawatt-hour for the first time. The level is about 14 times the seasonal average over the past five years.

this will feed through everywhere.

industry is shutting down in Europe. BASF the world’s largest chemical manufacturing company, can not operate at these prices.

when they shut down, you think it’s going to be no big deal?

when other manufacturing plants shut down, because costs are too high… no big deal?

the world is in for a serious shock!

#142 Sail Away on 08.22.22 at 10:00 am

#133 Gravy Train on 08.22.22 at 6:26 am
#85 Sail Away on 08.21.22 at 4:52 pm

[…] The average annual temperature of earth is fairly constant around 13.9 C. […]

———

Your assertion is utter bullshit.

———

From NOAA:

http://www.climate.gov/news-features/understanding-climate/climate-change-global-temperature

“Averaged across land and ocean, the 2021 surface temperature was 1.51 °F (0.84 °Celsius) warmer than the twentieth-century average of 57.0 °F (13.9 °C) and 1.87 ˚F (1.04 ˚C) warmer than the pre-industrial period (1880-1900).”

Shame. Penalty box for you. As explained by Denis Lemieux in Slapshot: “you go to the box, you know. Two minutes, by yourself, you know and you feel shame, you know. And then you get free.”

#143 Dharma Bum on 08.22.22 at 10:02 am

Just returned from another couple of weeks in Alberta. What a stretch of beautiful summer weather there.
It’s BIG SKY country, for sure.
Very enjoyable.
Albertans are the nicest people in Canada, in my experience of travelling coast to coast for the last 40 years.
Very hospitable. Down to earth. Honest. Hardworking.
I’m glad I have a reason to return often.
Love ya, Alberta.
Eff GIC trolls.

#144 crowdedelevatorfartz on 08.22.22 at 10:26 am

@#83 Quintillian
“Hey Flop,
Remember a while back I was dumbfounded by the quick sales in my folks neighborhood?

Went by a couple of the quick sales, and noticed they have been demolished, and what appears to be replacing them is multiunit construction.

++++++++

If this development is near Duthie and Halifax st.
I’ve been watching that monstrosity from the very beginning.
The first house went up for sale and then a few weeks later the second house quickly sold.

(The developer probably told the second seller what he was planning and they took the money and ran.)

Two small (1000sq ft) houses torn down and then the digging started.
Looks like a “Laneway House” (Carriage House?) in the back and now a HUGE lot filling 3 story behemoth filling the front yard.
The second lot seems to be suffering the same fate.

I’m sure the next door neighbors are thrilled.

If it’s a developer….. I hope he has deep pockets…because at the rate its taking…..they wont be ready for occupancy until the New Year slump….

#145 Faron on 08.22.22 at 10:33 am

#142 Sail Away on 08.22.22 at 10:00 am
#133 Gravy Train on 08.22.22 at 6:26 am
#85 Sail Away on 08.21.22 at 4:52 pm

The BS is in your assertion that it’s “fairly constant” and repeatedly implying it doesn’t matter. Clown car for you.

#146 Faron on 08.22.22 at 10:43 am

#126 AM in MN on 08.22.22 at 1:02 am

There can never be an energy shortage

Both Einstein and the heat death of the universe would like a word with you. Energy can be created at the expense of mass. If fusion ever becomes operational, humans will be creating energy. The sun does it on the regular. At the end-stage of the universe, the energy will still be there, but there will be zero ability to extract useful work from the available energy… But that’s a ways off.

#147 crowdedelevatorfartz on 08.22.22 at 10:44 am

@#138 Summertime and 139 Epic Bear

“A startling new report forecasts the inflation rate in the UK could spike to 18% for the first time in nearly half a century due to surging energy costs in the upcoming winter season.”

++++
Yep.
Europe is about to get hosed big time.
England is predicting annual home heat fuel/electricity bills to surge from $2000 per year to $8000 per year by Dec.

As British Prime Minister Boris ( I’m outta here Johnson waved to reporters on his SECOND summer vacation)

https://metro.co.uk/2022/08/22/boris-johnson-island-hops-in-greece-before-final-two-weeks-of-work-17221951/

Nero fiddling while Rome burns comes to mind.

But not to worry the dismal British Conservative Party leadership race to replace Johnson is proving that cannibals have nothing on politicians that eat their own.

Germany is worrying about the same expensive fuel fate. They have slowed industry down and begun rationing LNG in preparation for winter.

Not a surprise the highly unpopular German Chancellor was swapping spit with Trudeau this weekend over locked in Nat Gas contracts.
Anything to get his mind off his dismal poll ratings in a fragile coalition govt.

Trudeau’s rambling speechifying seemed to spin off into a future Hydrogen segway ….years down the road….from the current energy crisis….. as the Chancellor stood there mystified as to what the hell he was talking about.

A

#148 Summertime on 08.22.22 at 10:52 am

https://ca.finance.yahoo.com/news/posthaste-business-investment-canada-half-120009512.html

Business investment in Canada is about half what it is in the United States and is lower than in other OECD nations, says a new study.

“Business investment is so weak that capital per member of the labour force is falling, and the implications for incomes and competitiveness are ominous,” says the C.D. Howe Institute report.

Prices are rising, but real incomes are not.

Why do we have the least Business investments considering all the talent we are supposedly bringing from around the world?

#149 tkid on 08.22.22 at 10:52 am

Hey Garth, if you open a command window, then type in:

nslookup ipaddress

you will get enough results to see what internet provider the troll uses.

IP 104.247.230.71 returns teksavvy, so we at least know your troll is not with one of the big banks (they don’t use teksavvy).

#150 Don Guillermo on 08.22.22 at 11:14 am

#105 the Jaguar on 08.17.22 at 9:35 am
P.S. Thanks Catherine, for that nice write up about Calgary and the inviting photo of Paddy’s Flats. We may need to ‘deputize’ you as a defender of the province and this great city.
——-
143 Dharma Bum on 08.22.22 at 10:02 am
Just returned from another couple of weeks in Alberta. What a stretch of beautiful summer weather there.
It’s BIG SKY country, for sure.
Very enjoyable.
Albertans are the nicest people in Canada, in my experience of travelling coast to coast for the last 40 years.
Very hospitable. Down to earth. Honest. Hardworking.
I’m glad I have a reason to return often.
Love ya, Alberta.
Eff GIC trolls.
********
Hey Jag, we need to put Dharma on the defender list as well.

Your home made tzatziki sounds great!

#151 Ponzius Pilatus on 08.22.22 at 11:21 am

It’s kinda funny when trolls are calling out other trolls.

#152 Linda on 08.22.22 at 11:37 am

#136 ‘Steven’ – exactly! As per the mighty Google, in 2022 the average weekly earnings for Canadians is $1,050.59 a week, or $54,630.68 per annum. I rounded that up to $55K & then asked what the net would be after tax. In Ontario the answer is $39,900 net take home. So why is it that folks are being advised they need $1 million plus to retire on, when their take home earnings would take 25 years to add up to that sum? Seriously, if one retires at age 65 how many of us will live to age 90 (65+25=90). The answer as per StatsCan is less than 1% of the population. Say I’m earning the average, retire at 65 & get an unreduced CPP/OAS. Average CPP is just over $700 for most due to a) taking it early; b) not contributing for at least 39 years; c) not contributing the maximum for most of that 39 years. OAS is roughly $650 a month. Let’s say I get $1,500 a month between the two because I didn’t take CPP early. $18K a year isn’t enough to live on especially these days, but say I had managed to squirrel away $500K which generated $25K in income every year – that much vaunted 5% ROI. My gross is thus $43K. Since I no longer am paying into CPP or EI, my estimated net income post tax using 15% on the entire sum is $36,550 – almost as much as I was netting working full time, but without the work related expenditures. My point being, if I was able to live on that sum prior to retiring seems like a good bet I could live on it post retirement. Yes, there is the threat of inflation, but CPP/OAS are fully indexed so it seems doable.

#153 Ponzius Pilatus on 08.22.22 at 11:38 am

Where there is a Will, there is a Way.
———————————-
Paris (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and washing up liquid, it said on Monday, joining other companies striving to help consumers cope with soaring inflation.
The moves follow pressure from President Emmanuel Macron’s government for business to do more to curb rising prices.
Facing the prospect of a supertax on their record profits, French oil major TotalEnergies and shipping giant CMA CGM took further steps in July to cut prices. TotalEnergies said it would reduce fuel prices at its service stations across France from Sept. 1 until the end of the year, while CMA CGM said it would cut shipping fees by 750 euros ($751) per container for imports to France from Asia

#154 Gravy Train on 08.22.22 at 12:03 pm

#142 Sail Away on 08.22.22 at 10:00 am
From NOAA:

http://www.climate.gov/news-features/understanding-climate/climate-change-global-temperature

“Averaged across land and ocean, the 2021 surface temperature was 1.51 °F (0.84 °Celsius) warmer than the twentieth-century average of 57.0 °F (13.9 °C) and 1.87 ˚F (1.04 ˚C) warmer than the pre-industrial period (1880-1900).”

Shame. Penalty box for you.[…]

Oh, I see, now. You do read and even acknowledge the relevant material. You do see the continuously rising trend, but you’re saying, “Since the increase is only a couple of degrees now, why quibble? And why worry when it only gets to be 3, 4 or even 5 degrees, since l’ll be long dead and my children and their children will have to figure things out.” Have I got that right?

My only two questions now are these: Do just 5% or as much as 50% of the adult population think like you? Why do you drive a Tesla and invest in Tesla stock?

#155 The General on 08.22.22 at 12:13 pm

# 138- c.e.v. : Wow, are you ever out there in left field with your opinions. Whoops, the B.B.C.’s opinions. But, but, the B.B.C. never lies, and isn’t the propaganda arm of the British government. Alexander Dugin has never met, been photographed with, or been in the same room as dear old V. I. Putin. Prove your numbers of 80,000 Russian casualties, since the M.O.D. doesn’t publish them. May I say, your comments are waaaay off base. Are you a Ukranian Troll, c.e.v. ?

#156 Russ on 08.22.22 at 12:16 pm

Sail Away on 08.22.22 at 10:00 am

#133 Gravy Train on 08.22.22 at 6:26 am
#85 Sail Away on 08.21.22 at 4:52 pm

Your assertion is utter bullshit.
———
From NOAA:
http://www.climate.gov/news-features/understanding-climate/climate-change-global-temperature

“Averaged across land and ocean, the 2021 surface temperature was 1.51 °F (0.84 °Celsius) warmer than the twentieth-century average of 57.0 °F (13.9 °C) and 1.87 ˚F (1.04 ˚C) warmer than the pre-industrial period (1880-1900).”
========================

Could this be bullshit too?

Wasn’t the NOAA convicted in the court of science a few years ago for manipulating old temperature data so their model(s) looked more accurate?

Cheers, R

#157 dosouth on 08.22.22 at 12:17 pm

You knew the GIC club was fake when they posted…”CPP early which is our average is $790 a month”

But hey, they have people reading and believing this crap. What a world….or what world

#158 Dave on 08.22.22 at 12:19 pm

I think “shill” is a more accurate term than “troll” in this case, isn’t it?

#159 The General on 08.22.22 at 12:34 pm

# 142- Sail Away : Thanks for putting Gravy Train in their place. Also, the Slapshot reference made me chuckle. Am I now on gravy trains’ hit list too?

#160 Faron on 08.22.22 at 1:15 pm

#156 Russ on 08.22.22 at 12:16 pm

Sail Away on 08.22.22 at 10:00 am

#133 Gravy Train on 08.22.22 at 6:26 am
#85 Sail Away on 08.21.22 at 4:52 pm

Wasn’t the NOAA convicted in the court of science a few years ago for manipulating old temperature data so their model(s) looked more accurate?

Sorry Russ, no. The respectability points gained for pointing out a good ale dwindle quickly when you get choosy with the science you “believe” in. Keep dragging your feet on climate change and you are just going to be wrong-er as time elapses.

#161 Faron on 08.22.22 at 1:18 pm

#150 Don Guillermo on 08.22.22 at 11:14 am

#105 the Jaguar on 08.17.22 at 9:35 am

143 Dharma Bum on 08.22.22 at 10:02 am

Hey Jag, we need to put Dharma on the defender list as well.

I’m on that list. Alberta and Albertans are generally top-notch. Even if they are so overly sensitive as to need such a list.

#162 Faron on 08.22.22 at 1:23 pm

#154 Gravy Train on 08.22.22 at 12:03 pm
#142 Sail Away on 08.22.22 at 10:00 am

It’s cool GT. In Flail Away’s world it will be just fine when, in a couple more decades, mammals can no longer survive the extremely humid heatwaves that will occur over large swaths of the southeastern US. I mean, it’s just all animals that rely on evaporation for cooling. They aren’t really important, right?

Also, he drives a Tesla because he has “thing” for Elon.

#163 Westcdn on 08.22.22 at 1:43 pm

My mind is wandering today. I do not feel like focusing on tasks at hand but I am always ready for a good crisis. I like being a space cadet searching… for a better way. I have to be careful what I say when I am in these moods as I explore and trash. Too many times SJWs and the established type have wanted to burn me at the stake. A terrible way to go but there are others just as bad.

2 out of 3 is a good day for me. I get a lot of crow to eat and it is served cold. It is just when I see a reward worth going after… I do. I never let a failure go to waste without review and will not risk certain things I value.

I watch the powers that be (TPTB) and adjust to their desires which are quite simple – power or recognition of their importance. It seems to me that it is instinctual. The unconscious mind fascinates me.

I think it is lightening fast to protect me from harm, controls my emotions and body. It is really the boss in my case. When it comes to the 3 F’s (fight, flee, freeze) mine chooses to fight. I consciously try to calm its perceived threat response otherwise I can do selfish things all the time. If grey aliens engineered homo sapiens, they would want a backdoor. The unconscious mind could explain why human behavior has never improved over the eons. I see the same patterns occurring today as in the past.

I may buy bonds in the future but not today. Hedge funds tend to front run. First advantage et al. Well they have better information than I and can hire brains. They are no friends of mine when they resort to pump and dump. My decisions are based on the info I have at hand. I see they are starting to short sell again.

The future that is coming is going to take patience to pass. For me, I am sitting on my hands. I am really tired of T2 and Quebec first. He seemed to think that the Freedom Convoy to Ottawa consisted of miscreant Albertans who deserved to be punished to the full extent he could.

Meanwhile, public servants want more as if I am not paying enough. Look, I know you want to enjoy life but it should not be on the backs of others. Others want to enjoy life too. I know the message of getting the most for the least – capitalism. Do not tell me most people do not act in their own interest first. Farmers have my heart. They do not need to be told what sharing is, large and large. When Albertans were starving during the 30’s. the Maritimes shipped salted cod. No one told them you had to boil or soak the cod to get rid of the salt. Where was Quebec? I suspect they have been and always will be a secular society.

Just for fun, a cat imitating a man with a bad back.
https://www.msn.com/en-us/video/causes/cat-imitates-husband-with-a-hurt-back/vi-AA10yS2Q?category=foryou

Okay cat, yuck it up, you lousy furball.

#164 Dr V on 08.22.22 at 1:56 pm

157 dosouth

“You knew the GIC club was fake when they posted…’CPP early which is our average is $790 a
month’ “.
——————————————————-

I took CPP early and its within a few lattes of $1000/mo.

Sounds like these people made close to max CPP contributions for the last 30 years or so as well. What precisely is the issue you have with this statement?

#165 the Jaguar on 08.22.22 at 2:02 pm

@ #150 Don Guillermo on 08.22.22 at 11:14 am
Hey Jag, we need to put Dharma on the defender list as well.+++
Yes. I deputized him some time ago. We know who our friends are on this blog.

#166 Observer on 08.22.22 at 2:45 pm

#162 Faron on 08.22.22 at 1:23 pm
#154 Gravy Train on 08.22.22 at 12:03 pm
#142 Sail Away on 08.22.22 at 10:00 am

It’s cool GT. In Flail Away’s world it will be just fine when, in a couple more decades, mammals can no longer survive the extremely humid heatwaves that will occur over large swaths of the southeastern US. I mean, it’s just all animals that rely on evaporation for cooling. They aren’t really important, right?

^^^^^^^^^^^^^^

:( So upsetting – that is for people with empathy.

#167 crowdedelevatorfartz on 08.22.22 at 2:52 pm

@#155 General Mayhem
“May I say, your comments are waaaay off base. ”

+++
I’d say when numerous Western security agencies (C.I.A, MI6, etc etc etc) are supporting the same 80,000 Russian troops killed or injured statistics….’It’s probably… a fairly reliable number.

https://www.lemonde.fr/en/international/article/2022/08/08/pentagon-says-russian-casualties-in-ukraine-up-to-80-000_5992916_4.html

Believe what you want.
I dont care.

The fact that Russia is now trying to pay volunteers huge sums of money to “join the fight” speaks volumes.
They’re having a hard time replacing missing troops.

https://www.newsweek.com/russians-likely-offering-cash-bonuses-demotivated-forces-intelligence-1735602

Of course there are now stories filtering out that…..Russia isn’t PAYING the bonuses to the troops that join or their greiving families.

How do you say “Corrupt sh!t show” in Russian?

коррумпированное дерьмовое шоу
korrumpirovannoye der’movoye shou

#168 Sail Away on 08.22.22 at 2:56 pm

#36 Faron on 08.21.22 at 2:04 pm
#53 Faron on 08.21.22 at 2:37 pm
#54 Faron on 08.21.22 at 2:40 pm
#76 Faron on 08.21.22 at 4:31 pm
#118 Faron on 08.21.22 at 10:03 pm
#145 Faron on 08.22.22 at 10:33 am
#146 Faron on 08.22.22 at 10:43 am
#160 Faron on 08.22.22 at 1:15 pm
#161 Faron on 08.22.22 at 1:18 pm
#162 Faron on 08.22.22 at 1:23 pm

#169 Chameleon on 08.22.22 at 2:57 pm

Dog/Cat
Human
Human
Cat

next…

Catfish?

#170 jess on 08.22.22 at 3:10 pm

ditto for the ones with guns
accelerationist influencer Jeremy Mackenzie Nova Scotia man known online as ‘Raging Dissident’ faces 13 firearms-related charges
May 30, 2022
https://atlantic.ctvnews.ca/nova-scotia-man-known-online-as-raging-dissident-faces-13-firearms-related-charges-1.5924281

An intelligence report produced by the Integrated Terrorism Assessment Centre recently obtained by PressProgress explicitly names Mackenzie as one of the “key individuals” associated with “ideologically motivated violent extremist” groups who were present during the Ottawa convoy occupation.

Ottawa Convoy Helped ‘Violent Extremist’ Groups Grow, Canadian Counterterrorism Report Warned

Intelligence report shows counterterrorism organization monitored ‘violent extremists’ and threats targeting federal buildings during convoy

#171 Tony on 08.22.22 at 3:10 pm

Re: #91 chalkie on 08.21.22 at 5:50 pm

It beats losing your shirt by chasing yield. I’ve seen too many people end up bankrupt in the last decade just by chasing yield.

#172 Russ on 08.22.22 at 3:15 pm

Faron on 08.22.22 at 1:15 pm
….

Wasn’t the NOAA convicted in the court of science a few years ago for manipulating old temperature data so their model(s) looked more accurate?

Sorry Russ, no. The respectability points gained for pointing out a good ale dwindle quickly when you get choosy with the science you “believe” in. Keep dragging your feet on climate change and you are just going to be wrong-er as time elapses.

===============================
Hey Faron,

I don’t have a strong belief in imminent & catastrophic global warming and I’m not going to deny that it may occur in a few hundred or thousand years.

I have a strong belief that any person should be able to question any science conclusions without being ridiculed as a result, otherwise it really looks more like a religion.
As this current state of the climate emergency campaign looks to me.

Years ago at the start of the global warming scare, post Al Gore influence, a group of scientists looked at the effects to global climate change due to warming and one of their finding was that Canada would be a net benefactor of global warming.
I got rid of my small Toyota that year and bought a F-150 to help out. :)

Maybe you can answer this, the Antarctic ice core research shows that for the past 400,000 years that every time the earth atmosphere gets over 400 PPM of CO2 the climate shifts into an ice age.

Can you help us understand why it is different this time?
This blog has a reoccurring meme, it is never different this time…

Cheers, R

#173 Don Guillermo on 08.22.22 at 3:16 pm

#161 Faron on 08.22.22 at 1:18 pm

I’m on that list. Alberta and Albertans are generally top-notch. Even if they are so overly sensitive as to need such a list.
********
A lifetime on University campuses and you’ve never had any sensitivity training. I’m shocked. We should get our money back.

#174 Tony on 08.22.22 at 3:20 pm

Re: #152 Linda on 08.22.22 at 11:37 am

I’ll live well past 90 and probably past 100. I’m not planning to get runover crossing the street.

#175 Detective Leroy C. Malone on 08.22.22 at 3:29 pm

Detective Leroy C. Malone, here. I’ve been tracking GIC trolls since the late ’70s and I have to say this is one of the most daring and shocking infiltrations I’ve come across in my 43 year career. All I can say is well done, Garth, and to the rest of the folks out there, I have a simple message: stay frosty!

#176 The General on 08.22.22 at 8:44 pm

Hey c.e.f : Why are 70 year old men, and now women aged 18 and up being drafted into the Ukraine Army? Doesn’t sound like things are going very well for the Ukkies. Why did Z ban all opposition parties there, and jail them?

#177 tc-contra on 08.23.22 at 11:38 am

DELETED (Anti-vaccine)

#178 bcPaul on 08.23.22 at 12:17 pm

IP addresses can easily be spoofed. Although a good comment spammer would change their IP address on every comment, unlike the guy in this thread.