Days ago a prescient, omniscient, infallible blog told you this: neither Biden nor Trump will be on the ballot in America two years hence. The slugfest of the 80-year-olds will be kaput. On Wednesday, stock markets were digesting this and investors moping around after the Red Wave turned into a pinkish dribble.
Biden is old, unpopular, presides over the worst bout of inflation in four decades and is way too lefty and woke for many. The Dems (like our Libs) have been hijacked by ‘progressives’ who care more about inclusivity and gender politics than mortgage rates and gas prices. Besides, spending seems out of control and resulting high rates are crashing the tech sector.
He can’t say it now, but 46 will be a one-term guy.
As for Trump, the midterms on Tuesday were a disaster. Despite economic malaise, there was no Republican romp. The 2020 election deniers got little traction. Younger voters turned out to support pro-choice candidates and repudiate Trump’s stacked Supreme Court. Oz was punted. There was no groundswell of MAGA. The polarization of public life kept the Trump crazies contained in their own metaverse, too extreme in their views for the mainstream. It looks like democracy worked this time.
As for 45, his credibility is damaged and his influence diminished. Meanwhile rival Ron DeSantis romped to victory in Florida, proving he can win big and paving the way for his 2024 bid for the Republican nomination. The guy outpaced his party’s national performance and flipped strongholds in Florida. He’s a Navy vet, graduate of Harvard and Yale, a lawyer with government experience. And he’s 44. No wonder Trump took some special time a few days ago to publicly insult him.
What’s all this mean?
Well, equity markets shed a few hundred points when the election results became clear. Investors had been betting on a clearly-Republican Congress with a Democratic president and a gridlocked government that would contain spending. That looks unlikely. But inconsequential.
There’s a lot else going on at the moment, as you know. Tesla has lost half its value. Zuckerberg is laying off 11,000 people at Meta. Redfin has shed 90% of its value as the American real estate market craters. High rates are hurting technology companies across the board. The insane zero-Covid policy in China shuttered an Apple megafactory with 200,000 workers.
The election changes none of that. Nor the battle with inflation, nor the schedule of interest rate increases between now and the Spring. The projection in our Bay Street world remains the same: 2023 will look entirely different from this drab year. Stay invested. You will not be disappointed.
The best news out of America is simple: the middle is alive.
There are millions of voters who apparently reject the burn-it-all-down extremism that MAGA, Qanon and 45 represent. A robust voter turnout shows citizens still have faith in the democratic system. As Trump’s reach is diminished his presidential announcement on Tuesday means two years of anger, insults, derision and fading influence lie ahead. Some old guys just don’t know when to quit.
Oh, and did you hear that Putin (age 70) has ordered his invading, occupying, losing troops out of a key Ukraine city that was captured months ago? And is too shamed and shunned to attend next week’s G-20 meeting?
There is hope, even in a volatile time. Nothing about the past few years has been normal. We’re in a swirl of change dealing with the aftermath of pandemic and failed leadership, economic transition plus an epic reallocation of resources into stuff. When too many folks spend their lives peering into their own navels, despots can advance.
This is a good day.
About the photo: “This is a photo of our latest, Juniper,” writes Pete. “Border collie x Aussie, from a sheep farm. Wicked smart. A bit of a dragon, but he’s just 2-1/2 and still a teenager. He’s in the running for best dog ever.”
178 comments ↓
Excellent piece Garth, personally, can’t wait for the fade of not only trumpism but the wild lefties as well
Uplifting blog post today Garth. Thank you.
Also, Michael Moore and crowdie had it about right. Polls wrong. No red wave. The smallest midterm swing in decades based on house and senate seat delta.
Me, I’m glad to see Oregon senator Wyden hold his seat. No surprise, he’s a hard working and well loved senator who has done way more for median Americans than almost anyone while keeping a low profile. He goves me hope and makes me proud of my state.
#113 Sail Away on 11.09.22 at 10:36 am
#109 Crowdedelevatorfartz on 11.09.22 at 8:46 am
It’s likely a majority of repubs are in favour of time- and situation- dependent choice
—
LOL, what?!
As long as it’s not a woman making the choice am I rite?
The prions from your moose offal may be forming lesions in your grey matter leading to severe cognitive dissonance.
What about us, Garth?
Speaking of
a pinkish dribble
-Garth
——
You know, I’ve been feeling sorry for poor Justin standing next to Brooke Lynn Hytes with no show name of his own … important to put one’s best PM Pump* forward I say.
—————-
‘Trudeau now endorses womanface’
https://www.dailymail.co.uk/news/article-11405781/Justin-Trudeau-pictured-set-Canadas-Drag-Race.html
—————-
So I came up with a show name he could use:
Justin Thyme
or, to impress half the lineage of Toronto:
Aria Viderci
or for fewer votes in Alberta & Saskatchewan:
Hella Billy
I know, Justin Ina Creddeble.
——————
PS:
France taking the high road unlike the Brits.
https://www.france24.com/en/live-news/20221108-trudeau-to-appear-but-not-compete-on-drag-race-reality-tv
Bloomberg has a business angle.
https://www.bloomberg.com/news/articles/2022-11-08/trudeau-will-be-first-world-leader-to-appear-on-tv-s-drag-race?leadSource=uverify%20wall
People Magazine’s Special Guest.
https://people.com/politics/justin-trudeau-appearance-canadas-drag-race-canada-vs-world/
Nothing in MSM Italia that I could find … well, GAY.IT liked Justin.
“super ospite”
https://www.gay.it/canadas-drag-race-justin-trudeau-super-ospite-e-il-primo-leader-mondiale-a-prendere-parte-al-franchise
[GAY.IT gives the whole Justin intro video]
… no references to socks, at all. Imagine that?
———–
* or Stiletto as the case may be.
Let the bullets fly Garth.
PS PS: The Blog was hilarious. I liked your take on Current Events.
For the sake of my Threadbare Portfolio, post a giant cat photo tomorrow. All -‘ve today. – Thanks.
“Trump crazies contained in their own metaverse, too extreme in their views for the mainstream. It looks like democracy worked this time.”
Do you think Danielle’s/ Pepe’s crew understand it?
There is an Energy Crisis, Food Crisis and Monetary Crisis.
Inflation is everywhere and its getting worse. Have you seen the price of Diesel!!! Its going to be a cold xmas season.
When is real estate going to crash and have a major correction?
Yes, we need to move from the extremes to meet in the middle again. Discussion used to be just that…..discussion. Now its finger pointing, labelling, shaming and ‘I told ya so’. Im right and you are wrong and therefore bad. Compassion is a sign of wisdom…..
When the woke SNL does a skit like this you know humor is back on the agenda and the cultural pendulum is righting itself.
https://www.nbc.com/saturday-night-live/video/covid-commercial/NBCE682053619
Nothing about the past few years has been normal.
________________
especially the insane stock valuations…
TSLA may have lost half its’ value, but it’s about to lose another half from here, if not more (probably more).
Cathie Wood going to shut down her funds and Michael Saylor will bankrupt his company holding Bitcoin to the bitter end …
only then will this bear market end.
Tesla has lost half its value. Zuckerberg is laying off 11,000 people at Meta. Redin has shed 90% of its value as the American real estate market craters. High rates are hurting technology companies across the board. The insane zero-Covid policy in China shuttered an Apple megafactory with 200,000 workers.
These are all GREAT NEWS..
COMRADE PUTIN SAID IT BETTER
TRY TO PRINT OIL AND GAS….LMAO
Thanks for this analysis, Garth, it was quite helpful and reassuring.
To-day’s post is great read and a terrific perspective, Garth ..!!
You certainly have an ability to know how far our, or in, to adjust the microscope on life and people and events.
Added a spring to my step to the morning puppy walk. And a smile to my “good morning” hellos.
Interesting fact about DeSantis….
His net worth is only around $320k.
https://www.businessinsider.com/ron-desantis-net-worth-is-just-319000-2022-6
Clears the deck for a perp walk, featuring the Grifter. The Trump pixie dust has lost its sparkle.
Only the extremely vocal mouth breathers will bleat, the other 90% of humanity has had enough of that tiresome, loudmouth, bullying, whining, sociopathic, poo flinging, serial liar.
Fat Donnie in an orange jumpsuit sans hat to hide the comb over is a vision perhaps soon to be realized.
AG Garland quietly, meticulously, grinding deeper into the Trump Cesspool.
Georgia, New York…….Feds. #Bad for Donnie.
Good time for the GOP to right the ship.
#117 Brent on 11.09.22 at 11:31 am
Houses today have literally become fully loaded Cadillacs. My wife and I are currently building our retirement home and the amount of choices is mind blowing. I had no idea you could spend $6k on a tub and 2k on taps. The building industry is a fashion show. One bathroom per bedroom, granite countertops or an entire wall with windows sucking heat out of the house because it looks fashionable. A long shot from the Calgary bungalow I grew up in with 1 bathroom, single paned glass windows. In the strata we are building in people are spending 100k on their outside decks. Houses could be built substantially cheaper if they were Corolla’s not Cadillac’s.
—————————
Yep.
Decadence in full display.
Soon we all will be wearing Togas.
I was at a dislay home once.
Fully staged, brand new everything shiny and clean that even Mrs Clean would be envious.
Made the inside of our pretty normal 10 year old house look kinda outdated.
But that’s the racket for you.
If you go looking for a new dig, stay away from showrooms. And Realtors.
Same for new car show rooms.
Capitalism as its best or worst?
You decide.
#124 Old Boot on 11.09.22 at 12:39 pm
#123 Bo Duke on 11.09.22 at 12:13 pm
Oh no Garth! Now the Globe And Mail are racist. How can we expect foreign corporations like McDonslds and Canadians icons like Tim Hortons to increase profits forever without the wonderful TFW program created by our wonderful politicians and lawmakers.
How Canada became a hotbed for low-wage foreign labour
https://www.theglobeandmail.com/business/article-tfw-program-canada-low-wages/
Let’s shut down the fake news media.
TFWs are not immigrants. – Garth
————-
NoTFWs aren’t immigrants but they, and international students, are at the head of line for permanent resident status.
We have created a pipeline for precarious, low-paid, temporary labour that simply funnels the unwary into precarious, permanent, low-paid labour. Just with student loans to pay off and useless ‘credentials’.
The explosion of international students clearly starts in 2015, and is just a TFW program by another name.
I’m sure you’re aware of the recently expanded hours of work permitted under this program.
https://monitor.icef.com/2022/10/canada-removes-limit-on-off-campus-work-hours-for-international-students/
https://www.theglobeandmail.com/canada/article-india-canada-international-student-recruitment/
1 Islanddave on 11.09.22 at 11:37 am
Excellent piece Garth, personally, can’t wait for the fade of not only trumpism but the wild lefties as well
———————————
You could be like “Waiting for Godot”
Not sharing the optimism.
Sure Biden (who is/was pretty much centre), and Trump will be gone.
But the “Not United States of America” will still be there.
Let’s see what “Ron Sanctimonious” will come up with.
They call him “Trump with a Brain”.
Good writeup, Garth!
The midterms were very good: some jockeying, some surprises, the more extreme elements both sides sidelined. In the best case, this will lower the political temperature and, together with Russia’s wilting, increase overall optimism and economic surge.
With the sun shining cheerfully, a hot cup of coffee at hand and good juju flowing throughout the world, life at the moment is pretty darn good. Time to buy. The restart approacheth.
Apparently Trump is livid and screaming at everyone today. Temper tantrums are for tots. As for Canada all Pepe needs to do is focus on his strengths rather than shilling for bitcoin or other wacko ideas. He was given up for adoption by a teenage mother. His adoptive father eventually divorced his wife and entered a gay partnership. Poilievre was against gay marriage but had a change of heart when he saw a happy couple at home plate. His wife is Venezuelan born. So there you have it – he appeals to the vulnerable in Canadian society, real meat and potatoes stuff rather than the virtue signaling from you know who …
#3 Faron on 11.09.22 at 11:43 am
The prions from your moose offal may be forming lesions in your grey matter leading to severe cognitive dissonance.
——–
Maybe try being pleasant. Lots of people pull it off.
Still hoping for gridlock…we’ll see.
Garth, you are right – too extreme on both the left and the right. Desantis would be great and is not too extreme – time for Trump to leave…
In Canada both Harper/Cretien were not that far apart – both cut taxes, balanced budgets, no woke crap, etc.
Trudeau has moved us WAY LEFT (even left of NDP in some cases). Time for Pierre to bring us back to Cretien/Harper policies (lower taxes/deficits, no woke BS, etc) – the moderate middle…
If people wish to come to this country, pay 1 million for a sht bung – financed at 6% – live in wintertime for 8 months of the year, and pay 54% of income in taxation, come right in. I won’t stop you.
Immigrants, refugees, student and work visas, family reunification people.
What I’m talking about is quality of life. In my prefecture every new condo development bears a sign from the public school board; that, schools are full up, no assurances of a spot.
The hospitals and clinics are full. Roads are full. Transit is full.
Life in our crowded, fetid UN Smart Cities. March 2020 was used by our global leaders to ramp all this up.
—-
—- Entering Year 4. Almost back to normal guys!! This is supposed to run until 2025 anyway..
The global ‘New System’ is just heartless isn’t it. Follow The Rules Comrade. Corvid is Life.
.University of Waterloo brings back mask mandate in indoor instructional areas (globalnews.ca)
.[Canada] Court rules against woman who refused COVID vaccine before transplant (edmontonjournal.com)
.Toronto’s top doctor to ‘urgently explore’ re-issuing mask mandates, especially in schools (iheartradio.ca)
.Average Ontario ER wait times for admitted patients reach new yearly high in September (cp24.com)
.Federal Govt withholding health funding from the Provinces unless they get health ‘Indicators’ data and they use a ‘World Class’ health data system (globalnews.ca)
https://globalnews.ca/news/9259403/ottawa-increase-health-care-funding-provinces/
I usually don’t check stock prices too much.
Steady as she goes.
But I checked Twitter, but of course it’s private now.
That Musk guy is crafty.
But he must be getting a beating right now.
Revenue, if there ever was much, must be terrible now.
Unfortunately with Pierre, Justin and Jagmeet as leaders of our relevant federal parties, the extremes seem to be winning here in Canada. Best case scenario is minority governments until centrists again gain popularity.
#9 Dogman01 on 11.09.22 at 12:02 pm
When the woke SNL does a skit like this you know humor is back on the agenda and the cultural pendulum is righting itself.
https://www.nbc.com/saturday-night-live/video/covid-commercial/NBCE682053619
——————–
omg.
i gave up on snl decades ago.
but that was one of the funniest things i’ve ever seen. still catching my breath and wiping tears off my face.
perfecto. thanks man.
————
crypto resumes moving toward intrinsic val. fun times.
8 WNW
“Now its finger pointing, labelling, shaming and ‘I told ya so’. Im right and you are wrong and therefore bad.”
———————————————————-
Yes, that accurately describes this blog.
Days ago a prescient, omniscient, infallible blog
– D.O.M.
#27 Dr V on 11.09.22 at 1:37 pm
8 WNW
“Now its finger pointing, labelling, shaming and ‘I told ya so’. Im right and you are wrong and therefore bad.”
———————————————————-
Yes, that accurately describes this blog.
—————————
Doctor,
You were a positive voice.
What happened?
Give up?
I was a little bit harsh (by Canadian standards) yesterday on the horse-faced multi-millionaire, former doctor and small business killer financial minister.
I decided for fun to run a calculation of my net investable income after taxes after expenses for the last 5-6 years (while living outside of Canada) vs. previous similar period when living in Canada
(with gross income well above 3 digits per hour, 1 %-er in terms of income and pretty good investment income)
and I got 12 times higher number on average currently than before. Currently is running at 17 times.
I did run the numbers 3 times to make sure I am not insane and they came the same each time.
Never had to think about buying a thing or the cost of necessities or goods since leaving.
So I am going to cherish the horse faced guy as my personal saint from now on (for driving me out of Canada) and will light a pure bee wax candle every year and drink for his health. Good bless you Mr.!
And huge thanks to all mortgage payees, your contribution to the banks profits and dividends is greatly appreciated!
“He can’t say it now, but 46 will be a one-term guy.”
Agreed, but he will have made some important positive contributions during his term. He beat 45, brought some stability to the world and importantly has played in a lead role in rallying NATO to support Ukraine in a material way that continues today.
If 45 remained in power, I suspect Russia would be running Ukraine today. Putin likely regrets not moving while his sycophant was still in power. That was a close call.
Any yes, 46 and his administration spent far far too much with that ~$5T egged on by “economists” like Paul Krugman who never saw a $$ in government spending he didn’t like – spend to your heart’s content and not to worry a whit about inflation. Nuts.
But god, how much I miss my favorite simpleton:
https://ca.news.yahoo.com/canadas-drag-race-canada-vs-170000627.html
Wish you all the good health and long ruling of the country!
#21 Sail Away on 11.09.22 at 1:11 pm
#3 Faron on 11.09.22 at 11:43 am
The prions from your moose offal may be forming lesions in your grey matter leading to severe cognitive dissonance.
——–
Maybe try being pleasant. Lots of people pull it off.
—
Essentially: “you should smile more”. LOL.
I was pleasant when I arrived. I observed some unpleasant badgering by you. I received some extremely unpleasant responses to my uncouched, scientific take on the COVID outbreak and various other left leaning expressions. The pleasantness ship sailed thereafter and has been at sea ever since. I couldn’t care less. Everywhere else in my life I’m warm, welcoming and willing to engage in ideas.
From an educational perspective, more articles like this, please. Thanks again, great comments.
#127 Shawn on 11.09.22 at 1:24 pm
Re: Abortion
——–
I agree with Observer. Ponzius too although he has to throw in an insult for some reason.
Abortion (with limits) is a human right and should be decided at the national level and human rights should be encouraged globally.
——–
Sure, opinions are fair game for open and respectful discussion. Stating an opinion as fact, though, has the tendency to make discussion contentious.
There is also the opinion that a voiceless unborn human has rights of its own.
It’s murky.
Following the historical evidence of inflation and interest rates will lead to a very interesting 2023. Rates will continue their ascent(in lower increments?) before even cuts later in the year. When the investment community sees the reversal that’s when the real crash will hit as inflation will be nowhere near the 1-3% range. Investors will know something is up(panic mostly) and it’s down we go. The Dow this morning is still off only 8% from it’s high of 37,000—it was at 7000 in 2009. Tread lightly in 2023 it promises to be a real doozy.
#10 epic bear on 11.09.22 at 12:07 pm
#26 bdwy on 11.09.22 at 1:30 pm
Yep. We are witnessing the direct result of the Fed bleeding liquidity out of financial markets. TINA is back and the value prospect of speculative garbage is extremely dim.
For the delusional: never forget that a financial instrument can shave 10% off its value over any interval almost infinitely. The ol’ example of limits; “if, each day, I move 1/2 way to Sidney from my current location, do I ever arrive there?”
However, there will be ferocious bounces, short squeezes and gamma squeezing/manipulation (esp. for TSLA). It’s never easy.
Musk sells $3.9 billion in Tesla shares after closing Twitter deal.
This is understandable. To borrow a phrase from Warren Buffett, afterall, A guy needs some walking-around money. Who would begrudge him that?
Excellent post happy to see that TRUMP will be as one
reporter said “now in the rear view mirror”.
29 Ponzie
“Doctor,
You were a positive voice.
What happened?
Give up?”
————————————————-
I prefer the term “disengage”.
You’ll notice the insults start very early in the comments now. Walking away from that, not that I was regularly involved.
I’m OK with plain grouchy :)
It’s sunny but cool out there today. Ride scheduled. You?
Excellent post, the move to the middle is marching along.
Boycott Tesla! Musk is a conspiracy theory party (Republican) advocate
Zuckerburg is a d%&%. I hope he goes broke.
#8 West New West on 11.09.22 at 12:01 pm
Yes, we need to move from the extremes to meet in the middle again. Discussion used to be just that…..discussion. Now its finger pointing, labelling, shaming and ‘I told ya so’. Im right and you are wrong and therefore bad. Compassion is a sign of wisdom…..
————————————————–
Based on 45 years on this planet, that PAST never existed.
#35 Sail Away on 11.09.22 at 1:57 pm
#127 Shawn on 11.09.22 at 1:24 pm
Re: Abortion
——–
I agree with Observer. Ponzius too although he has to throw in an insult for some reason.
Abortion (with limits) is a human right and should be decided at the national level and human rights should be encouraged globally.
——–
It’s murky.
—
Not really. The relative rights of the mother and the fetus have been fairly well established since biblical times with the mother taking precedence. Many anti-abortion statutes give greater rights to the fetus (i.e. those that outlaw it even in cases of crime or mother’s health). This can be, and is frequently, shown to be logically absurd and bereft of ethics thus bringing down the whole pro abortion case that rests on fetus’s rights.
It’s a human rights issue favouring the basic human rights of the mother. The important element is that no one is forcing anyone to have abortions. Those that see it as unethical may freely choose to avoid the procedure. Simpol.
You will certainly begin to see more fetus rights legislation coming out of arch conservative legislative bodies to paper over the fundamental ethical gulf that exists in anti-abortion rhetoric as mentioned above.
Ezra Klein recorded two podcasts looking at the ethical arguments of the issue from opposing sides. He gives both parties a fair shake. The pro-choice person has far more coherent views.
Also, calling Alberta a feifdom is hardly an insult considering the abundant separationist rhetoric and extreme political views and actions.
I would like to see DeSantis get a chance at POTUS.
Putin?
I would that some place would offer Putin asylum and very comfortable retirement. But not gonna happen I guess.
Can you imagine him at a G20? I doubt he ever steps foot in the Western World again.
#128 Shawn on 11.09.22 at 1:30 pm
Young adults who come to Canada as TFW are mostly hard working and intelligent and decent people
—
I agree and would go one further and say people are generally hard working, intelligent and decent. The tendency to ascribe certain +- characteristics to certain classes, races, sexes or age groups may be a human tendency (xenophobia) but it leads to justification of some truly hateful stuff. Recognizing that is the core of bettering society.
#45 Faron on 11.09.22 at 2:26 pm
Re: Abortion opinion
——-
Not really. The relative rights of the mother and the fetus have been fairly well established since biblical times with the mother taking precedence. Many anti-abortion statutes give greater rights to the fetus (i.e. those that outlaw it even in cases of crime or mother’s health). This can be, and is frequently, shown to be logically absurd and bereft of ethics thus bringing down the whole pro abortion case that rests on fetus’s rights.
——–
As mentioned, the abortion stance is an opinion.
If we’re going with biblical precedent, I believe the relative rights of husbands and wives were also fairly well established at that time :-)
Not an abortion blog, obviously, but the opinion is now being decided democratically by the states, which is, in my view and the Supreme Court’s, a just and fair approach. It doesn’t need to be contentious. Just vote and accept the results, same as a boardroom decision.
“This is a good day.” Garth
Only if you hate America.
The big winner is certainly the GOP, whose luminaries now include two Ivy-league lawyers and veterans, DeSantis and Vance. People who can actually think on their feet.
Might not be a bad 2024 ticket, though there are many good centrist candidates coming in from the cold. The Dem’s look old and barren by comparison.
Much diminished are the nutters and their orange-headed leader. Thank goodness.
#45 Faron: “It’s a human rights issue favouring the basic human rights of the mother. The important element is that no one is forcing anyone to have abortions. Those that see it as unethical may freely choose to avoid the procedure. Simpol.”
Bang on the money!
An interesting read on inflation: and the chart is priceless….
https://wallstreetonparade.com/2022/11/an-economists-chart-goes-viral-shows-main-source-of-inflation/
Thanks Garth, for once again being the voice of reason and optimism.
Hey Shawn, what do you make of this?
https://twitter.com/CanIndian_Bro/status/1590178489059401731
Too bad AB doesn’t have a coast, they could just load the NG on a ship without having to cool the NG down as it’s already L, prêt-à-porter.
So bad, the usual color gradient map overlays shrunk to little frozen ink dots …
https://twitter.com/ECCCWeatherAB/status/1590424760860954624
I wouldn’t be surprised if Trump changes his mind after these midterms and decides to announce his support for DeSantis rather than his own presidential run.
Because there’s too much risk now that he loses the primary, which would be devastating for his legacy and standing within the Republican party. He would have to wear the L in that case. It’s one thing to say you only lost to the Democrats because they cheated, but to make the same accusations about fellow Republicans isn’t going to fly except amongst his most hardened base.
Better to support DeSantis and take credit if he wins and blame him if he loses. And keep telling everyone gullible enough to believe it that he really won in 2020.
“Some old guys just don’t know when to quit.”
Very true.
Same old story every year!
https://www.thestar.com/life/health_wellness/2011/01/13/hospitals_short_of_beds_as_flu_cases_surge.html
https://toronto.citynews.ca/2018/02/13/toronto-hospital-flu/
Well, I’ve been saying for a long time that I don’t think Trump will run in 2024. He’s too old. Biden even more so.
Trump may run in the primaries, but I doubt he can pull it off. And I think that Fetterman beating Oz in Pennsylvania and Lake not beating Hobbs decisively in Arizona (that race is still not decided, but it shouldn’t have been close for this discussion) takes the marketing value of Trump down considerably. His candidates just didn’t get it done. Their loss was his loss. He should just go away now, like two time loser Hilary, but hopefully more quietly. (Ok, that won’t happen. The quiet part, anyway. But he will go away whether he wants to or not now.)
Oh well, even a one term president is more than I ever amounted to. He’ll forever be 45th. He’ll probably write another book.
One thing seems sure, it wasn’t TEODAWKI (the end of democracy as we know it). It was just another election. Time to move on.
40 Dr V on 11.09.22 at 2:23 pm
29 Ponzie
“Doctor,
You were a positive voice.
What happened?
Give up?”
————————————————-
I prefer the term “disengage”.
You’ll notice the insults start very early in the comments now. Walking away from that, not that I was regularly involved.
I’m OK with plain grouchy :)
It’s sunny but cool out there today. Ride scheduled. You?
————————————
Yeah, love the weather.
Much better than the stifling, muggy heat this summer.
About pollution and cars:
Still enjoy my daily early morning walks.
But it gets annoying when I have to walk by cars warming up.
You can really smell and see the pollution coming from the exhausts.
And don’t get me going about the noise from the F-150s.
I live in Vancouver and thought I knew a lot about the casino/fentanyl/real estate/loan sharking issues.
I was completely shocked to discover the problems are much, much worse that I thought.
Dirty money is pouring vast amounts of money and drugs into our society.
The scale is in the tens of billions. There are a lot of dirty politicians, bankers, real estate agents, criminals, luxury car dealers etc. involved and even some police..
A Director of Canada’s National Intelligence services was completely compromised and sold information that blew apart many international investigations.
The tentacles of crime underworld reach deep into the upper echelons of Canada touching even the PMs office and upper levels of Provincial legislatures.
The criminals hide behind lawyers and an network of numbered companies.
The death toll on our streets from Fentanyl is all from drugs originating from criminals.
The money flows in vast sums through our real estate, casinos and luxury car markets and only a portion of it from drugs. It is estimated that 10% of the increase in BC real estate is a direct result of dirty money.
#23 TurnerNation on 11.09.22 at 1:16 pm
=========
I get it that you are trying to make a point but you are quite far off.
People coming on the points system only need a minimum of money to see them through 6 months living epxenses.
Students while they do have to pay tuition and living expenses they can work and don’t need a million dollars ; neither do fammily reunification or refugees.
Keep it to facts else you lose credibility.
As bad as one thinks that Canada is , it continues to be much better than a lot of the countries the immigrants are coming from; from one perspective or another . How do I know ? I look in the mirror and ask myself if it is better and the answer is always yes.
Actually giving the students the opportunity to stay if they can find a job and hold it is one of the smartest thing Canada does , we need these hard working ,well educated people who clearly can find decent jobs and live here.
#33 Faron on 11.09.22 at 1:53 pm
Essentially: “you should smile more”. LOL.
I was pleasant when I arrived. I observed some unpleasant badgering by you. I received some extremely unpleasant responses to my uncouched, scientific take on the COVID outbreak and various other left leaning expressions. The pleasantness ship sailed thereafter and has been at sea ever since. I couldn’t care less. Everywhere else in my life I’m warm, welcoming and willing to engage in ideas.
=============================
I think he was just trying to find a diplomatic way of saying “maybe try not to be a complete d!ck all the time.”
Your lame reasoning that it’s because your feelings got hurt by unpleasantness (*gasp* On the INteRnet? REALLY?) has to be the most infantile illogic you’ve spewed yet.
You are equally unpleasant IRL, 100% guaranteed.
But. Still a good day in ‘Murrica.
Dump Trump… can’t come too soon. Time for him to hang up the red cap.
Inflation in the US is 9.1%.
45 says it’s likely double that and more.
Interest rates are going much higher.
pro abortion
—
Woops, “anti abortion” that is.
…. trump blames his wife for picking a (oz) looser
=========
‘Persaud was one of the architects of the post-2008 international banking regulation Basel 3, established in the aftermath of the Lehman Brothers collapse. This proved to be a strategy for fiscal stability that effectively overturned decades of neoliberal financial orthodoxy.
“It was a decade of crisis,” says Persaud. He says the solutions promoted by the IMF and the World Bank, such as currency devaluation and rapid debt reduction, meant emerging markets effectively “doubled down” on their vulnerability, increasing the overall level of instability in the system. “People like myself were arguing that we needed a different financial system,” he says, “but no one listened.”
Central to Barbados’s proposals is the establishment of a climate mitigation trust that would prompt the release of $650bn from the IMF through a mechanism called special drawing rights, which allows members to borrow from each other’s reserves at very low interest rates.
Persaud’s calculation is that if the IMF puts up an initial $650bn, it will stimulate private investment by an additional $2tn, which would get significantly closer to the sums that experts say need to be raised to get on track to stop global heating.
Additional features of the Barbados initiative include giving climate-vulnerable countries access to low-interest, long-term loans for adaptation, natural disaster clauses in all bank loans, and grants for loss and damage that would be funded by a 2% tax on fossil fuel exports, shifting the burden from the poorest people in the world directly on to the polluters.
As questions of climate finance and implementation move centre stage at Cop27, Persaud hopes this blueprint will be recognised as “achievable, practical, as well as meaningful and morally right”.
#42 Dave on 11.09.22 at 2:24 pm
Boycott Tesla! Musk is a conspiracy theory party (Republican) advocate
Who knows, maybe Elon runs for the Presidency one day. After space, what’s left to conquer?
“Oh, and did you hear that Putin (age 70) has ordered his invading, occupying, losing troops out of a key Ukraine city that was captured months ago? And is too shamed and shunned to attend next week’s G-20 meeting?”
I wouldn’t read to much into every single troop movement in Ukraine. And why would Putin go to the G-20? I don’t think he’s welcome. It would be sort of like showing up for your ex-wife’s wedding. I’d pass.
#40 Dr V on 11.09.22 at 2:23 pm
29 Ponzie
“Doctor,
You were a positive voice.
What happened?
Give up?”
————————————————-
I prefer the term “disengage”.
You’ll notice the insults start very early in the comments now. Walking away from that, not that I was regularly involved.
I’m OK with plain grouchy :)
It’s sunny but cool out there today. Ride scheduled. You?
_______
I think I’ll watch that 60 minutes pc tonight that you mentioned. Sounds like it’s on the ball.
I find a little stoicism and a lightning quick scroll wheel finger deals with most of the crap. As for places like twitter, I just don’t go there at all. Getting tougher to find good places where you can e-hang these days. I don’t mind a little jibba-jabba, but not this relentless predictable angry stuff 24/7 every single day over nothing.
It definitely was more fun down here in steerage 5+ years ago.
So the Republicans will presumably have DeSantis as their star presidential candidate. Do the Democrats have any feisty contenders suited for the top job?
As for Putin, don’t think he really cares about what other world leaders opinions. Not leaving Russia under the current (self inflicted) circumstances is probably more due to concerns that doing so might give his opponents an opportunity to oust him. Presumably he still has opponents. Certainly there are quite a few folks in jail who weren’t on board with his policies. Can’t see him shipping them to the Ukraine alongside the violent offenders – that would be arming them, unless the plan is to use them as cannon fodder.
Very happy with midterm results, enough to block Democrat’s craziness but also to initiate post Trump era on the GOP side.
I really like DeSantis, no doubt he’d make a formidable candidate for 2024.
#49 Sail Away on 11.09.22 at 2:48 pm
#45 Faron on 11.09.22 at 2:26 pm
the opinion is now being decided democratically by the states, which is, in my view and the Supreme Court’s, a just and fair approach.
—
Nope, there are two things here.
1) basic human rights are not up for grabs. Not so long ago, some Southern US states would have voted against any kind of civil rights for black people. That’s not fair and just, it’s simply ethically wrong. It’s been decided at rhe national level that this is wrong for very good reason.
2) Were we able to vote for state law, you and I, ethically speaking (assuming you are also cis-male) should have zero say in this matter. Zilch. It’s none. of. our. business. If it were in the hands of women (where it most definitely should be) the result would be a landslide for abortion rights just about everywhere.
We can take this to reducto ad absurdum where, if you break down the electorate into smaller and smaller chunks you could wind up passing laws in some if those chunks that are extremely detestable.
Civil rights are a national issue full stop. There’s nothing fair nor just in giving a few backwards states control over any human right especially in a manner in which roughly half of the attempted controllers have no skin in the game.
This was also decided by the SCOTUS 50 years ago. Samuel Alito himself promised to hold precident here when he was confirmed. His reversal is ethically dubious.
#51 Leftover on 11.09.22 at 2:53 pm
The big winner is certainly the GOP, whose luminaries now include two Ivy-league lawyers and veterans, DeSantis and Vance. People who can actually think on their feet.
Might not be a bad 2024 ticket, though there are many good centrist candidates coming in from the cold. The Dem’s look old and barren by comparison.
Much diminished are the nutters and their orange-headed leader. Thank goodness.
———————–
Of course, it would be nice if he’d be riding into the sun set.
The trouble is, there are still many Retrumplicans sitting in the House, being elected or re-elected.
Many of them still believe that the 2020 election was “stolen” and the Capitol insurrection was a rightious thing to do.
Surprise– the world’s most innovative companies are investing more on Twitter than ever!
customers–which includes a cross-section of the US’s fastest growing startups–increased spend at
@twitter
by 18% in the 7 days post-acquisition (10/27)! Google grew 3.4%, FB fell 8%
#49 ‘decided democratically by the states’ – maybe I missed something, but my understanding is that various legislatures are proposing & signing into law anti-abortion legislation without putting it to the ‘popular vote’ of the citizenry. I’d add legislation that specifically targets one sex – last I checked, men still can’t have babies – & seeks to control their actions sounds discriminatory to say the least. As for the ‘right to life’ argument, the fact that the living, breathing human being already in existence is barred from having a procedure even if her life is threatened tells me this isn’t about protecting life. To paraphrase a quote about ‘the people’ by one old robber baron: ‘Women? To hell with the women! Ain’t I got the power?’
Somethings funky, I travel a lot and and talk to many people and have noticed a huge turnabout from once staunch diehard Anti Trumpers.
I call BS on the election results.
The big news of the day was the crypto plunge. US politics is inconsequential beside this.
Gartho how were you able to pick up on the sentiment of the Biden and Trumps demise?
For Faron,
With apologies bud, I’m not going to make it to Lion Rampart tonight.
Cheers, R
#73 Faron on 11.09.22 at 4:18 pm
#49 Sail Away on 11.09.22 at 2:48 pm
#45 Faron on 11.09.22 at 2:26 pm
the opinion is now being decided democratically by the states, which is, in my view and the Supreme Court’s, a just and fair approach.
——–
Nope
——–
Fine, I gave my opinion, you gave yours. ‘Nuff said.
https://gfintegrity.org/press-release/chinas-belt-and-road-initiative-exacerbating-illicit-supply-chains-and-trade-based-money-laundering/?utm_medium=email&_hsmi=233057771&utm_content=233057771&utm_source=hs_email
https://gfintegrity.org/report/everything-everywhere-all-at-once/
Gotta agree with you, Garth. The outlook going forward after last night’s results looks sunnier than it did yesterday. Not to say that we’re entering a new era of “sunny ways &/or sunny days” — perish the thought!
#49 Sail Away on 11.09.22 at 2:48 pm
“Not an abortion blog, obviously, but the opinion is now being decided democratically by the states, which is, in my view and the Supreme Court’s, a just and fair approach.”
Letting states vote on who gets rights and who doesn’t sounds like a great idea until Louisiana or some flyover state decides that maybe they should have a vote on whether or not transgender people get to vote, or whether illegal immigrants should have constitutional rights. Seems to me that an entire war was fought over the idea of putting human rights to a state-by-state vote, and the “states rights” camp lost.
As far as abortion goes, if you think women should be compelled against their will to use their internal organs to keep another human alive, why limit this policy to their uterus? Should the state compel women to “donate” one of their other organs (lung, kidney, etc) in order to keep another person alive?
We don’t even allow doctors to harvest the organs of dead people to save countless lives unless that person consented in life to it being done; so by saying women ought to be compelled to carry every viable pregnancy to term in the interest of protecting the fetus’ life, we are expecting women to accept a lesser standard of bodily autonomy than we afford a literal corpse.
#76 Linda on 11.09.22 at 4:32 pm
…legislation that specifically targets one sex – last I checked, men still can’t have babies – & seeks to control their actions sounds discriminatory to say the least.
As for the ‘right to life’ argument, the fact that the living, breathing human being already in existence is barred from having a procedure even if her life is threatened tells me this isn’t about protecting life.
———
Every law in existence is there for the purpose of controlling the actions of people, and yes, sometimes they are gender-specific.
As a counter example, a law applying only to men is the requirement to register for the draft and go to war if called. Can a female legislator debate this law that does not apply to females? Of course.
A big question is whether an unborn child citizen has rights, and if so, what exactly those rights are. Life, liberty and the pursuit of happiness?
It’s murky.
#85 SunShowers on 11.09.22 at 5:21 pm
Letting states vote on who gets rights and who doesn’t
——-
Rights are protected. Abortion is not a right. That, my friend, is the crux of the biscuit.
#1 Islanddave on 11.09.22 at 11:37 am
Excellent piece Garth, personally, can’t wait for the fade of not only trumpism but the wild lefties as well
——————————————————————
Couldn’t agree with you more Dave. 6 years of constant b.s. Getting to old for this crap. Time to get back to normal. Whatever that is.
If I was to bet, I would say that in 24 months, the battle for POTUS will be between the Governors of Florida and California.
Well, several takeaways here, in no specific order…
– Trump is done, Desantis is the new standard bearer for the right. I think the Dems will have a harder time getting Biden off the stage.
– Incumbency is a huge issue in US politics. Canadians are not used to district by district slugfests where the incumbent has a 5-1 spending advantage. Money and machine politics works.
– Tribalism is alive and well, and will be in the next cycle as well.
– Inflation is going to remain an issue that hurts the poor. Lots of wealthy white folks though, especially the old money in New England, where it just doesn’t matter what the cost of things are. They will keep voting D.
– Poor results in the public schools will keep the wealth divide growing. Many wealthy D voters send their kids to private schools and don’t care. (disclosure, private school for mine too)
– The last remaining conservatives from NY, CA & IL will continue the exodus to FL & TX.
– Worker shortages for skilled labour will persist, but hopefully some spending restraint by the new R House will send some people back to work.
– The economy can grow if there is spending restraint. I lived in Pittsburgh in the ’90’s and it was easier for the R House to fight Clinton than say no to Bush when it came to spending.
– Despite the problems of an open border, the economy can do well with a huge supply of cheap labour. Given the gridlock on this issue, Biden won’t clamp down on companies hiring illegal workers.
– Still lots of backlogs and shortages in the industrial sector. Having one of my best years ever, and next is looking very good as well. Canada could be so wealthy if it wanted to be.
Of every single race that was a coin toss, all 34 went to one side, a clean sweep. If this were a coin, what is the probability that it is weighted vs fair? I am not sayin’ anything, just sayin’.
No Trump or Biden on the next ticket will be a breath of fresh air…we can only hope.
I think the red wave fizzled by Trumps doing…Rep’s got the hard core support but red hat drove away most middle undecided.
#86 – conception does not equate with a draft for military service, though some parallels could be drawn between enforced service vs. enforced pregnancy. I’d add that those drafted might never see combat, whereas there is no dodging pregnancy once it occurs unless miscarriage or abortion follows. Also, the draft law in the USA is undergoing updates via the US Senate as of 2021 which would see the draft apply to all able bodied males & females between ages 18-25. So the argument that said law only applies to males no longer would apply.
I won’t bother with the extensive recital of how pregnancy affects/changes a woman’s body or the possible health consequences when it comes to ‘fetal rights’. The bottom line is that any conception is not viable outside the womb without extensive medical intervention until around the 7+ month mark; a fetus must draw all its requirements from the person of the female carrying it to survive. This burden of care continues for a considerable time post birth – babies who do not receive adequate care generally do not survive for long.
#69 Nonplused on 11.09.22 at 3:59 pm
“Oh, and did you hear that Putin (age 70) has ordered his invading, occupying, losing troops out of a key Ukraine city that was captured months ago? And is too shamed and shunned to attend next week’s G-20 meeting?”
I wouldn’t read to much into every single troop movement in Ukraine. And why would Putin go to the G-20? I don’t think he’s welcome. It would be sort of like showing up for your ex-wife’s wedding. I’d pass.
===============================
I do agree with much of what you usually post, which makes your constant implicit defence and sympathetic comments towards this cretin puzzling.
Just let us all know when the invasion that we assured wasn’t going to happen even as he was massing thousands of the troops along the border, to “de-Nazifi” Ukraine, that would only last a few days, but was really just a “special operation”, will be over.
That nice lady with the ark said her etf was in deep value at $90usd. Phew, how low can it go?
#85 SunShowers on 11.09.22 at 5:21 pm
We don’t even allow doctors to harvest the organs of dead people to save countless lives unless that person consented in life to it being done; so by saying women ought to be compelled to carry every viable pregnancy to term in the interest of protecting the fetus’ life, we are expecting women to accept a lesser standard of bodily autonomy than we afford a literal corpse.
===============================
100% pro-choice here but you’re just hurting the cause equating a human fetus to a kidney.
Try again.
If he’s alive, he’ll be your president in ’25
Trump is not really interested in the presidency, only notoriety (and the money he can scam from the MAGA’s). Yeah, he will run for presidency and scoop up a lot of cash in donations (a majority will find a way into his pockets) and other side gigs like Truth Social etc. (Waiting for Miss MAGA beauty pageant, next).
Magaborted!
The pro choice debate won here tonight too!
Great Blog!
DELETED
Oh! Oh! I got it, she should rename it SUB. That’ll fix it.
Today was a day too rejoice!!
The Markets are alive and well.
Governor DeSantis woke up this morning and is now a contender to Trump.
Well, all you Facebook liberals, progressives have a great Christmas 2022, 11,000 laid off, sent home soon and more to come. Good luck people.
I told my son to get out of technology based jobs a few years ago and go into the trades. He did as a full time plumber earned now $108,000 so far this year.
#56 Balmuto on 11.09.22 at 3:06 pm
I wouldn’t be surprised if Trump changes his mind after these midterms and decides to announce his support for DeSantis rather than his own presidential run.
The only reason that he’s running is to avoid going to jail. Have you seen how many lawsuits are pending against this guy?
https://en.m.wikipedia.org/wiki/List_of_lawsuits_involving_Donald_Trump
#86 Sailo
A big question is whether an unborn child citizen has rights, and if so, what exactly those rights are. Life, liberty and the pursuit of happiness?
It’s murky.
—————–
Yeah,
The famous “pursuit of happiness.
Now it gets really murky and existential.
What is happiness ?
Let’s say happiness is buying an over prized home and be stuck with a mortgage for a greater part of your life.
Should the right to persue that really be enshrined in the Constitution?
Just asking.
You’re right Garth it is a good day: Gen Z is paying attention and they’re engaged. Who cares if the stock market is down for the day, the focus should rightly be on what really matters: climate change, income inequality, a woman’s right to choose, to name but a few of the pressing issues of our time. It’s time for the new generation to decide which direction our country and that of the United States should take. As an aging baby boomer I took some hope that Bernie Sanders messaging is resonating with younger Americans, and that more of them are willing to stand up and fight for a more just society.
#72 pBrasseur on 11.09.22 at 4:09 pm
Very happy with midterm results, enough to block Democrat’s craziness but also to initiate post Trump era on the GOP side.
I really like DeSantis, no doubt he’d make a formidable candidate for 2024.
********
My take on the midterms as well.
2 years is a long time in Politics.
The next new shinny thing or person is around the corner.
“neither Biden nor Trump will be on the ballot in America two years hence”
About time. DeSantis for the Reps. Hopefully, Dems find a good candidate as well.
Ah, the good old abortion debate. Whatever happens, it will forever be controversial. I’m an old school righty, and you won’t be hearing any pro-abortion garbage coming from me. But, I live in a democratic society, and the abortion debate in particular is an easy slide. Real easy.
So… It’s your life (and your mental health), not mine. Fill your boots if that’s what you want. I won’t stand in the way. Good luck, and don’t ask me to finance it.
“Putin (age 70) has ordered his invading, occupying, losing troops out of a key Ukraine city that was captured months ago”
https://www.cnn.com/2022/11/09/europe/ukraine-russia-kherson-withdrawal-intl
Their withdrawal has been announced, but not completed yet. Ukrainian troops are moving forward slowly, wary of a possible counterattack.
Notably, kremlinfuhrer Putin doesn’t talk about the retreat himself. He made his defense minister (who is merely a puppet) declare the retreat. That guy has been chosen as a scapegoat, while kremlinfuhrer is not at fault apparently.
On a lighter note it is amazing what dogs can be trained to do.
Dogs posing for a picture
https://twitter.com/i/status/1590424127713996800
#107 Herm on 11.09.22 at 7:43 pm
Who cares if the stock market is down for the day, the focus should rightly be on what really matters: climate change, income inequality, a woman’s right to choose
—————
Climate Change – non issue, it’s slow, and we’ll adapt.
Income equality – it’s been improving globally for decades already.
A Woman’s right to choose – They already have that.
61 Vancouverite on 11.09.22 at 3:30 pm
No disrespect Vancouverite but where have you been the past 10+ years? This stuff is very well known, especially amongst us blog dogs with nothing better to do that complain about housing prices for a decade or more!
I live in Vancouver and thought I knew a lot about the casino/fentanyl/real estate/loan sharking issues.
I was completely shocked to discover the problems are much, much worse that I thought.
Dirty money is pouring vast amounts of money and drugs into our society.
The scale is in the tens of billions. There are a lot of dirty politicians, bankers, real estate agents, criminals, luxury car dealers etc. involved and even some police..
A Director of Canada’s National Intelligence services was completely compromised and sold information that blew apart many international investigations.
The tentacles of crime underworld reach deep into the upper echelons of Canada touching even the PMs office and upper levels of Provincial legislatures.
The criminals hide behind lawyers and an network of numbered companies.
The death toll on our streets from Fentanyl is all from drugs originating from criminals.
The money flows in vast sums through our real estate, casinos and luxury car markets and only a portion of it from drugs. It is estimated that 10% of the increase in BC real estate is a direct result of dirty money.
I think Trump will run again. And if can’t win the Republican nomination he’ll run as an independent. H. Ross Perot all over again. His ego is that big
Wow………what a post Garth!
All I can say is “the cheat is on again” down south. Trump will be running for the GOP nomination along with DeSantis. DeSantis will win the nomination. As for Trump……….every dog has his day. Trump was a great President for America……..one of the best………..but he just couldn’t beat the Demoncrat cheating. Your post tells alot of truth Garth. The world today is a absolute mess! Everything is broken and getting worse. However, there is still dividends to be made, RRSP’s to spend and pension incomes to collect.
Show me the money! Life is still good!
I’m just worried that Putin orders her troops out of Kherson and then ends up bombing the city with a pseudo nuke.
Herm, it looks like you need some more higher inflation, higher taxes, higher energy costs, more freedoms taken away, restrictions on your life then you might understand they do not care about you.
Garth, you only read the headline and immediately hit the delete button. You made me laugh! I expected you to do it. Don’t pay attention to the headline – read the article. There are many interesting things.
It would be nice if you still read the article and gave it to others to read. The fact is that democracy, which you often think about, involves tolerance for different points of view. Your blog recognizes only one point of view as correct – yours! This makes the blog very boring. Everyone sings in unison with you.
There was a joke in the USSR. The recruits came to serve in the army and at the very first training camp the officer says – “Remember – there is only one right opinion about everything and this is mine!”
Once again : https://www.paulcraigroberts.org/2022/11/09/another-stolen-election/
Good night!
I read it. Especially the white power part. You are done here. – Garth
Would it be more fair to tax on outcome?
For example, investor A bought shares of Nortel and Bre-X. Investor B bought Amazon.
Investor A lost almost everything. Investor B won the lottery (until recently).
Would it not be fair to allow investor A to add to their RRSP or TFSA a greater amount than investor B?
I guess what I am saying, is that there should be limits to to balalnce of a TFSA and RRSP rather than the limit about how much one can contribute.
Is that fair?
“The best news out of America is simple: the middle is alive.”
yeah, it’s called an obesity epidemic!
Re Ukraine/Russia – no-one talks about the constant bombing on civilians in the Donbass from 2014 onwards.
There’s a documentary called “8 years before’, or something. If I find it I will link it.
If people are wondering why Tesla may be tanking, my Model Y today could be the canary.
I bought it 18 months ago and pay 750 a month, today the same car is now 1,400 month (72 month loan).
Price and interest rate jump would make it impossible for me to own one today.
DELETED
Gotta say.
With all their world famous technological ingenuity, the Amis are so slow counting the votes.
Especially, what’s going on n Arizona?
Is it so hot, that workers and computers can only work at night?
Why, when discussing their Teslas, do people on here who know every detail about everything else not disclose the model of Tesla they are talking about?
I mean they offer model S, 3, X and Y variants each with add on packages, the most well known being Plaid.
Cost? You’d think they would be bragging about that, after all they usually jump on every opportunity to brag about their money elsewhere, eh? A Model S Rear Wheel Drive is $61,980 Long Range, $74,990 . Performance – $83,990.
And so on. A 3 is somewhere around $75,000. That is with Long Range.
So…are our Tesla promoters who own a Tesla keeping the Model they own secret to avoid making the rest of us jealous or are they ashamed of only being able to scrape into a poverty spec, entry level “luxury” car?
you’re WRONG
congress will be Republican ,
stop spreading fake news, only Senate is in question
you’re slipping
Well said Garth.
American’s, like North Americans, don’t vote for so much as they do against. Biden’s popularity is something like 41% but Trump’s is worse and faded by 5 points over the last couple months or so, so who do we vote for or against? Why, whatever the self chosen media concentration tells us to believe most naturally…
The media spectacle surrounding the Jan 6th house investigations and stories like Trump org massive financial fraud against banks for loans (claiming property values to be 3 to 10x their actual value) proved to be a bit much for Trump’s popularity as of late, but there were other examples surfacing late in the mid term run up.
A late example that I’d like to shed light on is McCarty’s expressed desire to withhold funding approval of financial assistance to Ukraine. This kind of rhetoric does not sit well with people who know better. As an example, when watching this, would you vote for or against?
https://www.youtube.com/watch?v=iLudSCxqTHI
“Not one more red penny to Ukraine. Our country comes first.” – Marjorie Taylor Greene
Let’s square this firstly with the reality that Marjorie Taylor Green won her riding yesterday with 66% of the vote. Middle America still has it’s middle? We mean the rest of America has it’s middle. Middle America lost it’s “middle” some time ago now and it shows (tea party, MAGA etc.). I mean, it’s not like MTG’s riding didn’t have a couple years to sound her out.
Let’s look at where the money will actually come from to finance Ukraine’s war. In late May of this year, the U.S. government froze $ 300 billion U.S. from Russia’s foreign exchange reserves (likely insuring the outcome of this war, truth be told). Europe followed with a $ 40 billion freeze from the same Russian CB account:
https://www.cnbc.com/2022/06/29/doj-says-allies-have-frozen-30-billion-of-russian-oligarch-assets.html
As time marches on, this number of frozen assets continues to grow:
https://finance.yahoo.com/news/west-freezes-500-billion-russian-162206080.html
“In a joint assessment released on 9 September, the government of Ukraine, the European Commission, and the World Bank, in cooperation with partners, estimated that the current cost of reconstruction and recovery in Ukraine amounts to US$349 billion.
Ukraine wants to secure US$300 billion worth of reparation payments from the Russian Federation to compensate for the losses it sustained as a result of Russia’s full-scale invasion.” – link above
We can see where this is going. Assuming that Ukraine can win a settlement near this amount or higher in international courts (which is highly likely, considering Russia’s unprovoked war with Ukraine) coupled with the fact that $ 300 billion is already frozen by the states, the globe’s current #1 empire with the most international control over the flows of money, means that the money that is financing Ukraine’s war has likely already been raised indirectly by Ukraine through the help of it’s strongest ally, the U.S. in freezing funds back in March of this year. When we say U.S. sanctions, we should know the entirety of what this means.
To date, total U.S. spending aid is found here (Currently around $40 of $54 billion):
https://www.nytimes.com/interactive/2022/05/20/upshot/ukraine-us-aid-size.html
As of November 4th, U.S. direct military aid was 18.9 billion. The military breakdown of U.S. weapons sent to Ukraine is found here:
https://media.defense.gov/2022/Nov/04/2003109432/-1/-1/0/UKRAINE-FACT-SHEET-NOV-4.PDF
Of course, there are other issues besides Trump’s pro Putin stance with the MTG minions of the world all too willing to back him up. Abortion rights and stacked SCJ’s ranked high on the list. There is also the economy and high inflation with finger prints leading back to Trump who, in his 4 years racked up 8 trillion in new Federal debt with a CB balance sheet swelling a further 5+ trillion or roughly just over half of total U.S. federal debt at he start of 2021 around 26 trillion. Again, in just 4 years.
45’er Trump is literally the most inflationary president in history, not that most Americans would know it.
The environment is also an ongoing issue. Florida, the world’s 16th largest economy (4th largest state with 1 trillion in GDP) just lost a fifth of it’s infrastructure and housing to a Cat 4 hurricane in a La Nina off year storm season, with only 12% of housing insured. Btw, the U.S. economy has yet to price that in.
Other examples, 1/3rd of all Pakistan was literally under water from a Cyclone. The world’s largest rivers are drying up everywhere as La Nina heads into it’s 3rd year. Check out this U.S. drought map as an example of where we might be headed with crops if La Nina continues:
https://droughtmonitor.unl.edu/
Climate change isn’t a far off issue, it’s here now but it’s not just one issue right, it’s the combination of them all that culminated in U.S. mid terms defying history and voting sideways instead of against incumbency. No red wave last night.
But still, there is room for disappointment. Gun toting Boebert could still win her seat. MTG as mentioned, won her riding by 66% of the vote. Middle America has much to learn and is short on critical thinking of which to learn from. Stroked Fetterman is smarter than the lot of them, it appears. Trump still has the majority of Republican support and likely will still into 2024. When politics becomes “entertainment”, truth is the first casualty, as planned.
One thing we are guaranteed to count on with politics in mind in this age, there’s always more cringe worthiness ahead.
DELETED
#125 Ustabe on 11.09.22 at 10:55 pm
Why, when discussing their Teslas, do people on here who know every detail about everything else not disclose the model of Tesla they are talking about?
I mean they offer model S, 3, X and Y variants each with add on packages, the most well known being Plaid.
Cost? You’d think they would be bragging about that, after all they usually jump on every opportunity to brag about their money elsewhere, eh? A Model S Rear Wheel Drive is $61,980 Long Range, $74,990 . Performance – $83,990.
And so on. A 3 is somewhere around $75,000. That is with Long Range.
So…are our Tesla promoters who own a Tesla keeping the Model they own secret to avoid making the rest of us jealous or are they ashamed of only being able to scrape into a poverty spec, entry level “luxury” car?
—————
Ah. There is a reason, and that reason is relevance.
A Tesla of any model is already the greatest driving and tech experience available. Dead silent, fastest car on the road, full self driving, fully integrated hardware and software packages, over the air updates and upgrades, envy of all others, etc.
Beyond that, one can get even more pickup to be 16x faster than anyone else, more or less interior room, doors that open up or out and extra range. Much of that is sort of irrelevant to the experience already integral to every Tesla. A Tesla is a Tesla. And it’s awesome.
“Respectful, wide-ranging discussion on the topic of the posting is encouraged, and will not be censored.”
It’s acknowledged that there has often been a departure from ‘on the topic’ at times. Infotainment extraordinaire. Understandable for some issues, but for others what’s really going on is anything but amusing and the jingoism at the expense of so many unnecessary lost lives is beyond the pale.
This isn’t a board game and if tribalism is set aside and attention is paid to the facts it should be obvious that it cannot end well. If you think borders cannot be redrawn no need to look at the partition of Germany after 1945, just consider the Bosnian Crisis. Everything old is new again.
Put aside your concerns about upcoming immigration numbers in Canada. In places far away from the glow of your flatscreen and Netflix it is going to be a repeat of ‘ orderly and humane’, east to west once again. Hard to believe the world has set in motion so resolutely this walk back into the valley of the shadow of death given lessons of the past, with many still alive who bore witness to the last misadventure.
November 11th weighs more heavily than ever this year.
Don’t bother to ring back. I’ve unplugged the phone.
Missed what I came here to talk about and that’s crypto! Bitcoin is having a tough week:
https://www.cnbc.com/quotes/BTC.CM=
This time, engineering Crypto’s downfall is the smartest guy in the room, Sam Bankman Fried. Here he is a month ago:
https://www.youtube.com/watch?v=uGZrZq6z-Ig
Fast forward to this week:
https://www.forbes.com/advisor/au/investing/cryptocurrency/ftx-from-hero-to-zero-in-24-hours/
To be clear, FTX was the 4th largest Crypto exchange in the world, overtly exposed to it’s own token valuations and within a day, poof. Binance is in, Binance is out, who is going to bail out Binance with Same gone? How many other Crypto “firms” are like FTX, investors don’t want to know.
FTX’s meltdown coincided with the U.S.’s #1 exchange Coin base mostly offline today for various so called minor unrelated reasons meaning many U.S. investors couldn’t sell into the crash if they wanted to (isn’t that nice).
Welcome to the “stable” world of Crypto. Reminds me of Ethereum holders waiting for a “Merge” since 2014. We would think blind hope in Crypto would be a bit long in the tooth after a while, but hopium is a marvelous thing. “We’re the next Bitcoin because we have 200x faster code”. Because? Because unregulated Ethereum said so?
Oh boy. The young retail investor has much to learn.
#85 SunShowers on 11.09.22 at 5:21 pm
“We don’t even allow doctors to harvest the organs of dead people to save countless lives unless that person consented in life to it being done; so by saying women ought to be compelled to carry every viable pregnancy to term in the interest of protecting the fetus’ life, we are expecting women to accept a lesser standard of bodily autonomy than we afford a literal corpse.”
===============================
#96 Try Again on 11.09.22 at 6:33 pm
100% pro-choice here but you’re just hurting the cause equating a human fetus to a kidney.
Try again.
—————————————————
Actually, it was a very compelling argument if you didn’t take it out of context and then completely misinterpret it.
Here’s the part you ignored:
“As far as abortion goes, if you think women should be compelled against their will to use their internal organs to keep another human alive, why limit this policy to their uterus? Should the state compel women to “donate” one of their other organs (lung, kidney, etc) in order to keep another person alive?”
When you add that in as written the point being made is that
1. A pro-life position means forcing a woman to use her body/organs to serve another (potential) life.
2. We don’t even force dead people to give up their organs/bodies to serve another (potential) life.
So the unborn fetus is NOT being equated to a kidney, it is being equated to an organ donation receiver.
It begs the question, if it’s all about saving a life, then how many pro-life advocates are donating kidneys, lungs, and liver pieces to save lives? Even in death only about half of Americans do that.
Heck, only about 2% of Americans are blood donors.
What, no swipe at Bitcoin today?
There’s a general crash because a centralized player running a large exchange was gambling with customer’s deposits and is now insolvent.
Daily reminder that this has nothing to do with Bitcoin’s robustness or credibility.
I haven’t always followed US politics but I think for the last few years I have paid more attention out of concern and also its hard to ignore the dog and pony show south of the border. I worry that the Republicans could get back in because they represent some very concerning factions. I feel like the Democrats should have distanced themselves from the Clintons years ago and maybe they should have pushed Biden forward at a younger age. The Democrats need younger blood going forward and Pete
Buttigieg impresses me as a viable presidential
candidate.
Sadly I don’t see any Canadian talent that inspires confidence. Maybe Mark Carney could work with whatever party gets in next to clean up our financial mess.
Here is the first one to go.
https://www.wealthmanagement.com/finance-lending/mortgage-fund-canada-halts-payouts-amid-liquidity-crunch
Another MIC is starting to get slow on payouts as well, one would be wise to get their cash back while they can.
#129 Sail Away on 11.09.22 at 11:45 pm
…the greatest driving and tech experience available…
—
Meaninglessly subjective. I’ve recently witnessed Teslas that refuse to boot up/start/whatever.
——————-
…16x faster than anyone else…
—
Physics ain’t your jam eh? Disappointing because I was told engineering is physics-based. Guess this explains your 7th grade level understanding of Earth’s Climate tho.
#87 Sail Away on 11.09.22 at 5:37 pm
#85 SunShowers on 11.09.22 at 5:21 pm
Letting states vote on who gets rights and who doesn’t
——-
Abortion is not a right.
—
Wrong, it falls under broader protections. Bodily autonomy is a fundamental human right and allowing women to choose the procedure should be protected as such. An abortion affects exactly zero other people than the mother aside from the Drs and other health care services. The arena is extremely limited and allowing abortion has no negative impacts, thus exercising that human right doesn’t infringe on any others’ so should be strongly protected.
#127 Diamond Dog on 11.09.22 at 11:25 pm
Just FYI: in the US we don’t call the region a representative belongs to a “riding”. They are called “districts”
#125 Ustabe on 11.09.22 at 10:55 pm
Why, when discussing their Teslas, do people on here who know every detail about everything else not disclose the model of Tesla they are talking about?
I mean they offer model S, 3, X and Y variants each with add on packages, the most well known being Plaid.
Cost? You’d think they would be bragging about that, after all they usually jump on every opportunity to brag about their money elsewhere, eh? A Model S Rear Wheel Drive is $61,980 Long Range, $74,990 . Performance – $83,990.
And so on. A 3 is somewhere around $75,000. That is with Long Range.
So…are our Tesla promoters who own a Tesla keeping the Model they own secret to avoid making the rest of us jealous or are they ashamed of only being able to scrape into a poverty spec, entry level “luxury” car?
==================================
So you’re whining because Tesla owners don’t brag enough about their cars, and thought this non-topic relevant and worthy of commenting on a financial blog.
Got it.
Thanks for playing.
Ontario Teachers Pension Fund, once self described as ” the smartest investors in the room” are losing billions in the massive FTX scandal. Oh Oh. Bloomberg’s reports as much as $32 Billion in shareholder assets were ‘mishandled’. Apparently ‘Sam” managed to bamboozle the ‘best ‘.
Pay your fair share guys!
We were to be so health after 3 years of The Rules. Plexiglass, essential shopping only; QR codes, closing gyms.
How’s the “Hospital Capacity” looking guys? Lockdowns incoming — every means is to this end. This is set to run until 2025 at least. Global Corvid Tyranny is for a reason –I’ll let you figure out why.
.Ford says Ontarians should wear a mask when they can amid rising COVID-19 cases (cp24.com)
.Ottawa kids’ hospital opens second intensive care unit as viral admissions surge (cp24.com)
.Panel looks at ways to detect COVID-19 at airports ahead of winter travel season (cp24.com)
—
— Control over our Feeding. You see that quiet rural pasture cows peacefully grazing? They are changing the climate!! Yep In the New System everything natural, good, sustaining is replaced by global corporate-made unhealthy slop. Remember, we NEVER will be given any cures for anything. Only, more “treatments” as we become sicker and sicker. Meat eaters are next to be deamonized.
https://www.dailymail.co.uk/health/article-11389953/Should-save-dying-stranger-know-eat-MEAT.html
Should you save a dying stranger if you know they eat MEAT? Oxford philosopher controversially argues that it can be ethical to let them die because of the suffering they cause to animals (and he ‘s not even a vegan!)
Core cpi at 6.3 vs 6.5 and the sp explodes higher.
Fed target is 2., not 6.
Pivot shmivot. Delusional.
Had the 2500HD oiled this week. New formula, thick as yogurt. I got a lot of looks driving home as the truck was trailing smoke like the space shuttle.
Not too long now and there’ll be snow on the ground – been cold enough already plenty of times. With snow, comes that horrid new liquid salt brine stuff they’ve been dumping on the roads here. Gets everywhere and sticks like glue. “Vehicle decomposition accelerator”.
#76 Linda on 11.09.22 at 4:32 pm
#49 ‘decided democratically by the states’ – maybe I missed something, but my understanding is that various legislatures are proposing & signing into law anti-abortion legislation without putting it to the ‘popular vote’ of the citizenry. I’d add legislation that specifically targets one sex – last I checked, men still can’t have babies – & seeks to control their actions sounds discriminatory to say the least.
—
You know what, as a father, I’m going to take exception to this comment Linda.
Last I checked, women can’t have babies without a man. It just so happens that nature is designed that way. It takes two to tango.
The act is wonderful, and pleasure derived can be likewise if done right. However, there are solutions to not put the egg and sperm together in this act, and it boggles the mind the 73 million abortions are required each year. Seems like there is room for improvement in this number through a number of options.
But back to my point. To say that a man, who’s certainly a party to the creation of life, has no say in an abortion of what is his child let us not forget, is a fascinating argument to make. How much say, we could discuss. However, no say at all Linda?
#136 Faron on 11.10.22 at 2:25 am
#129 Sail Away on 11.09.22 at 11:45 pm
…16x faster than anyone else…
—————
Physics ain’t your jam eh? Disappointing because I was told engineering is physics-based. Guess this explains your 7th grade level understanding of Earth’s Climate tho.
—————
Reset ‘Faron comments without insults’ board to zero.
It’s only 7.7% not 7.9%… yeah baby party time!
TQQQ letting it ride up, SPY calls closed out for nice bit of cash.
Thanks Ryan posted my plays on Saturday (#85) and you guys did not disappoint, keep up the good work!
Tesla?
#125 Ustabe on 11.09.22 at 10:55 pm
So…are our Tesla promoters who own a Tesla keeping the Model they own secret to avoid making the rest of us jealous or are they ashamed of only being able to scrape into a poverty spec, entry level “luxury” car?
*********************************
Two things! 1. Like Sail Away said a Tesla is a Tesla in terms of a vast difference versus gasoline cars.
2. The fact that Tesla came out initially as a high cost luxury car and then offered the affordable somewhat down market Model X was pure genius.
You can’t go the other when. When Datsun went from econo box to quality car for the masses they had to change the name to Nissan. When they created a luxury car they had to brand it Lexus.
Honda has to use a different brand for Acura.
I looked at a Genesis some years ago when it was still a Hyundai brand. I like the car but I said no way am I am paying a luxury price for a Hyundai.
Tesla went the other way. Take a luxury brand and sell a lower cost version. You can do that. BUT you have to be careful not to sell a cheap piece of junk and ruin the whole brand. (Possibly Cadillac has done that?)
Really I think Tesla went from like a $100k U.S. car down to $35k and still offered a quality car did they not? Part of the reason was certainly scale.
P.S. mine is Model Y but if I talk to a typical non-Tesla owner, Tesla is all they need to know. ’nuff said.
US inflation lower than anticipated at 7.2%. Good news. We’ll see what happens now that the midterms are done.
For the men who think they should have a say in whether a woman has an abortion:
Your contribution amounts to one gamete of approximately 0.005 cm size, whereas women have to grow two entirely separate organs plus create a new human from their own flesh and blood, as well as risk their lives to carry a pregnancy to term. Your opinion carries as much weight as your initial investment.
For the abortion on demand advocates:
Do you support sex-selective abortion on demand?
Abortion isn’t a black and white issue. The choice to abort can be coerced by various means. Women in the US have no guaranteed maternity leave, benefits or health care. Pregnancy and child-rearing inflict economic harm disproportionately on women.
The use of the abortion issue as a political wedge is emotional blackmail of women. It’s abusive, and political parties that resort to it should be punished by voters.
143 IHCTD9 on 11.10.22 at 9:15 am
Had the 2500HD oiled this week. New formula, thick as yogurt. I got a lot of looks driving home as the truck was trailing smoke like the space shuttle.
Not too long now and there’ll be snow on the ground – been cold enough already plenty of times. With snow, comes that horrid new liquid salt brine stuff they’ve been dumping on the roads here. Gets everywhere and sticks like glue. “Vehicle decomposition accelerator”.
————————-
Well,
Can’t decompose far enough.
Can’t fathom that these noisy and polluting monsters are still allowed on the road.
Maybe the Antic Roadshow can salvage it for you.
#144 Abort! on 11.10.22 at 9:19 am
To say that a man, who’s certainly a party to the creation of life, has no say in an abortion of what is his child let us not forget, is a fascinating argument to make. How much say, we could discuss. However, no say at all Linda?
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
Dear lord. Of course you get to voice what you want within the bounds of your relationship with the impregnanted woman, but you you do not get to decide unless it is YOUR BODY.
Give your head a shake if you think husbands, boyfriends, lovers and rapists should be given LEGAL authority to force the woman they impregnanted to give birth.
we get it garth, you’re a lefty.
Not according to the lefties. – Garth
Garth on #119 VladTor on 11.09.22 at 9:34 pm
I read it. Especially the white power part. You are done here. – Garth
____________________
Garth, in that case, please accept my sincere apologies.
I believe that deleting my previous post with this link was just a technical error. That happens! For example 2 years ago I deleted everything on one drive. I had to install a special Recuva recovery program, and in doing so, I spent 2 months and not everything was restored. Truth gained invaluable experience.
Another thing is interesting, why everyone is so hostile to people’s opinions about elections in ANOTHER country, of which they are not citizens. For example, I believe that elections in the States can NOT be fair because of their archaic electoral system. I worked at our polling stations for 4 elections, including federal ones. I registered voters and gave them ballot papers. On another occasion, I made changes to the voter database in accordance with the submitted documents. However, the most delicious job was when I met voters at the entrance and checked their documents. It was fun meeting different people. I recommend to anyone who wants to work in the elections. And of course, I participated in all cases in the counting of votes after the closing of the polling station. And I can say very responsibly Canadian elections are ABSOLUTELY transparent and fair. Nothing like what happens in the States, when illegal immigrants or non-citizens of the country can vote, or when observers of another party are not allowed to count votes, or when ballot stuffing occurs here in Canada is ABSOLUTELY impossible. Where I once worked, there was a Conservative observer during the vote count.
So, as someone familiar with how the process is going on in a democratic Canada, I can ON THE ONE PART of the opinion that the process in the US with the OTHER AMERICAN democracy inevitably leads to vote theft back and forth. BUT! ON THE OTHER hand, I fully agree that the US elections are legal and Biden won, for example, because ….. the American people decided so. I cannot but agree with the opinion of the entire American people! And if they endure all this, then so be it. They know better what to do. Their choices for me, a Canadian, are just entertainment. And if in the next US presidential election there will be a battle in hearses between Biden and Trump, then this will entertain me a lot and nothing more.
For example, now they have chosen two candidates in the elections who died back in October:
Barbara Cooper —>
https://www.localmemphis.com/article/news/politics/elections/state-representative-barbara-cooper-passed-october-won-election-what-happens-next/522-ead51256-3c75-4d0c-9ca7- 84e4ffc249fe
and
Anthony DeLuca —>
https://ballotpedia.org/Anthony_DeLuca_(Pennsylvania_Representative)
Both Democrats – pure coincidence! Of course, it was too late to remove them from the printed ballots, but it was easy to warn voters at the polling stations by hanging an appropriate announcement at the ballot boxes or warning the voter when issuing a ballot. They say that they just FORGOT!!!! do it. How cute!
In this case, for example, one can list and elect a horse (it only needs to be given a suitable English/Spanish name), as did Caligula (was the third Roman emperor in ancient Rome), who elected his favorite horse Incitatus to the senate.
Interestingly, after the murder of Caligula, it was impossible to simply exclude a horse from the Senate – this would be a violation of the law, which, after the death of the tyrant, should have triumphed.
The new emperor Claudius, chosen as a senator, found a solution. He lowered the content of Incitatus. And then the horse, during the next revision, was recognized as not corresponding to the Senate qualification in terms of its financial position.
#137 Faron on 11.10.22 at 3:03 am
#87 Sail Away on 11.09.22 at 5:37 pm
Abortion is not a right.
——–
Wrong, it falls under broader protections. Bodily autonomy is a fundamental human right and allowing women to choose the procedure should be protected as such.
An abortion affects exactly zero other people than the mother aside from the Drs and other health care services.
——–
Rights are defined and granted by the jurisdiction of authority. There is no fundamental. In the US, which is the country we’ve been discussing, abortion is not a right. To assert otherwise makes discussion irrelevant. Opinion, yes, as identified by the ‘should’ in your statement. Right, no.
And an abortion definitely affects the child… heck, probably almost as much as it affects the mother. Some may even claim it can psychologically affect the father as well.
If abortion is to be legally protected throughout the US, and it can be done, the process of protection needs to recognize and work with the legal framework, rather than resorting to emotionally flawed arguments.
Ahhh…another beautiful sunny day in Arizona.
Kari Lake said this election would be a “come to Jesus moment”.
https://www.youtube.com/watch?v=LEBZKyJlmgY
Maybe she’s right.
I feel like I’m in heaven.
Holy Moses, market madness!
Re: #146 The joy of steerage on 11.10.22 at 10:34 am
The Cleveland Fed got it wrong. Silver will cushion my losses today.
RE#114
I would not be shocked if it were discovered that the problem was far worse and widespread than is reported.
There is big money involved and also there is the false idea held by people with a stake in the game that there are plenty of rich people in this country who will make every homeowner filthy stinking rich. This country needs a serious financial bitch slapping and a reality check and even that might not be enough.
#150 Ponzius Pilatus on 11.10.22 at 11:02 am
143 IHCTD9 on 11.10.22 at 9:15 am
Had the 2500HD oiled this week. New formula, thick as yogurt. I got a lot of looks driving home as the truck was trailing smoke like the space shuttle.
Not too long now and there’ll be snow on the ground – been cold enough already plenty of times. With snow, comes that horrid new liquid salt brine stuff they’ve been dumping on the roads here. Gets everywhere and sticks like glue. “Vehicle decomposition accelerator”.
————————-
Well,
Can’t decompose far enough.
Can’t fathom that these noisy and polluting monsters are still allowed on the road.
Maybe the Antic Roadshow can salvage it for you.
_____
Sorry to disappoint Ponzie, but the decomposition is going very slowly thanks to a lifetime of annual Oiling. The HD will turn 20 next spring, and it looks new from 20 feet away. A look at my other 3/4 ton confirms the time will be very, very long. 32 years old next year, near zero rust.
If it makes you feel any better though, come Monday Dozer #2 will be taking a one way trip to yellow iron Valhalla. Maybe you’ll own a toaster oven some day with a little of the ‘ol TD9 in it (you should be able to smell it in there if so). Or, maybe they’ll melt her down and make some brand new F-350’s – who knows? There’s enough steel there to make about 4 of them. :)
just a thought imagine if trump decides to run his own new formed party (none of the above)lol
lagging indicator
https://en.wikipedia.org/wiki/Tom_Petters
Prosecution, conviction and sentencing whistleblower
The U.S. Attorney staff noted that the government knew nothing about the scheme until Deanna Coleman, vice president of operations for Petters Co., approached them to confess and offered to help federal authorities investigate. This led to the prosecution of Robert Dean White, who admitted to being involved in creating false bank statements and other documents that were used to trick investors in what he described as a massive Ponzi scheme. Both individuals made plea bargains with federal prosecutors in exchange for providing the government information on how the scheme worked. Coleman and White related that, at the direction of Petters, they would fabricate documents for Petters and others to use in obtaining billions of dollars in loans. The phony records were used to show that Petters Co. was buying merchandise, generally electronic goods, from two suppliers (who were named as co-defendants). Petters Co. would tell lenders that it was selling the goods through big-box stores and provided purchase orders to substantiate the deals, but the deals were phony and the documents were fakes. Most of the money lent to PCI was secured by promissory notes and sometimes security agreements; the lenders would wire the money to the two suppliers, which would pass it on to Petters Co., less a commission. As more lenders loaned to Petters Co., outstanding loans would be paid off or rolled into new loans from the same lender. Proceeds went to Petters Co. and to Petters himself, and were used to fund other Petters-owned companies, to pay others collaborating in the scheme and, according to court affidavits, for Petters’ “extravagant lifestyle.”[14]
BMO takes $1.1-billion provision on U.S. Ponzi scheme ruling
By The Canadian Press
Wed., Nov. 9, 2022timer2 min. read
updateArticle was updated 18 hrs ago
https://www.reuters.com/article/idUSN024978920091202
BMO takes $1.1-billion provision on U.S. Ponzi scheme ruling
By The Canadian Press
Wed., Nov. 9, 2022timer2 min. read
updateArticle was updated 18 hrs ago
Marshall & Ilsley Corporation (also known as M&I Bank) was a U.S. bank and diversified financial services corporation headquartered in Milwaukee, Wisconsin, that was purchased by Bank of Montreal in 2010.
https://en.wikipedia.org/wiki/Marshall_%26_Ilsley
The bank was founded in 1847 and by 2008 the bank had assets of $63.5 billion and over 250 branches.[5] After the acquisition, Bank of Montreal combined the Marshall & Ilsley Corporation operations into its existing U.S. subsidiary Harris Bank.
Plaintiffs in the case alleged that Marshall and Ilsley Bank, which BMO bought in 2011, was complicit in a Ponzi scheme carried out by Thomas J. Petters and others. Petters was convicted in 2009 of orchestrating the US$3.65-billion scheme and sentenced to 50 years in jail.
The reason the Russians evacuated Kherson and redeployed their forces along the left bank of the Dnipro River was because Ukraine was threatening to blow up the Kakhovka Hydroelectric Power Plant unleashing a tidal wave of water which would have wiped Kherson and its inhabitants off the map. Off course, Russia would be to blame. With the Russians in defensive positions along the left bank, Ukraine no longer has any reason to blow up the dam. The CBC and this blog will never explain that.
Sure. Whatever. – Garth
#144 Abort! on 11.10.22 at 9:19 am
#151 Observer on 11.10.22 at 11:08 am
Dear lord. Of course you get to voice what you want within the bounds of your relationship with the impregnanted woman, but you you do not get to decide unless it is YOUR BODY.
Give your head a shake if you think husbands, boyfriends, lovers and rapists should be given LEGAL authority to force the woman they impregnanted to give birth.
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
The child is 50% / 50% DNA of each individual. The father is legally financially responsible to support the child until 18th birthday, but there is no legal claim to have say in the decision? Seems like the law needs some updating perhaps?
Also, YOUR BODY?
Have you ever considered the possibility that you don’t own it? That for starters it’s just a lease?
Also, what about that OTHER BODY, that will indeed develop from the combination of the the egg and sperm? Is that YOUR BODY to do with as you will?
There are serious questions here, and without going into personal details I know from personal experience that it is possible to not create new life and have fun. Therefore, as noted, I believe that a big reduction can be made with sexual education.
As for rape, let us leave that out of this conversation if you don’t mind. You will convince no one that majority of the 73 million annual abortions are rape related for one. The other point, everyone recognizes such involuntary conceptions as abortable.
#148 Shawn on 11.10.22 at 11:02 am
Tesla?
#125 Ustabe on 11.09.22 at 10:55 pm
a quality car did they not? Part of the reason was certainly scale.
P.S. mine is Model Y but if I talk to a typical non-Tesla owner, Tesla is all they need to know. ’nuff said.
—
Quality means 2nd from the bottom of the rankings in reliability? Indeed, Tesla is all anyone needs to know.
https://www.usatoday.com/story/money/cars/2021/11/18/consumer-reports-most-reliable-cars-trucks-suvs/6385214001/
Hilariouser is that Genesis and other Hyundai brands are very highly ranked. Maybe starting cheap where reliability issues are forgivable and improve from there is a better choice?
https://www.jdpower.com/business/press-releases/2022-us-vehicle-dependability-study
At least they are 16x faster than all other vehicles.
You can’t go the other when. When Datsun went from econo box to quality car for the masses they had to change the name to Nissan. When they created a luxury car they had to brand it Lexus.
Nissan’s luxury brand is Infinity. Lexus belongs to Honda, I think. The change to Nissan had nothing to do with what you are saying. Look up what a Datsun B10 goes for at auction
A Tesla of any model is already the greatest driving and tech experience available.
I now know two folks with Hyundai Ionic’s. I had a ride in one. I’ll take a Hyundai over a Tesla any time.
So you’re whining because Tesla owners don’t brag enough about their cars, and thought this non-topic relevant and worthy of commenting on a financial blog.
Got it.
Thanks for playing.
On a financial blog where oiling our trucks, abortion and the war in Ukraine are being discussed…you feel a need to put pen to paper about me and Teslas? Scroll wheel, friend, scroll wheel.
155 Dharma Bum on 11.10.22 at 11:46 am
Ahhh…another beautiful sunny day in Arizona.
Kari Lake said this election would be a “come to Jesus moment”.
https://www.youtube.com/watch?v=LEBZKyJlmgY
Maybe she’s right.
I feel like I’m in heaven
———————
There’s no Heaven in Buddhism.
And BTW, fix the ballot counting machines.
CNN is waiting.
Lazy Bum.
Wow, the comments on this post are all even less comprehensible than usual. It’s like you all had a collective stroke or something.
#154 Sail Away on 11.10.22 at 11:41 am
#137 Faron on 11.10.22 at 3:03 am
#87 Sail Away on 11.09.22 at 5:37 pm
There is no fundamental.
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Incorrect. Embarrassingly so. See articles 3, 5, and 12 of the UN declaration on human rights.
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And an abortion definitely affects the child…
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What child? The hypothetical child that may come to exist assuming it comes to term, the mother/infant survives birth and the unwilling mother uas resources to care for it??? Or are you conflating a fetal mass of cells with a child? Yer slipping bud. Or, your ideologies are leaking through your sterile, factualish front.
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psychologically affect the father as well.
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Wow. You are joking right? Not even worth touching on.
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emotionally flawed arguments
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First of all, emotions of any kind are never flawed. It’s impossible. The only potential merit in the above is if you made a typographical blunder and meant:
“emotional, flawed arguments”
Even there, this is disappointingly laughable. This is ethics and ethical arguments often stomp on emotions. In this case, you are injecting emotional charge by fumbling around with fetal rights and conflating them with a child’s while also trying to stir up empathy for the father. Again, you are slipping here.
Because this isn’t science we have to rely on ethics lest emotion, ideology or any other of a number of human biases take hold. The ethics are plain: the mother’s wellbeing takes precedence with some allowance for fetal rights as the unborn approaches birth — as laid out in Roe. This is why, in most countries, abortion isn’t even an issue. Outlawing abortion would be like, usung your example, outlawing hernia surgery.
5 gwcanuck on 11.09.22 at 9:10 pm
i agree …and he claims he knows him 2nd best after his wife! lol
WeWork exits 40 locations
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https://www.reuters.com/article/idUSN024978920091202
background : https://en.wikipedia.org/wiki/Tom_Petters
BMO takes $1.1-billion provision on U.S. Ponzi scheme ruling
By The Canadian Press
Wed., Nov. 9, 2022
#149 Old Boot on 11.10.22 at 11:02 am
For the abortion on demand advocates
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Of which there are zero commenting here. This is mostly a fabricated idea designed to inflame emotions in the same way that “partial birth” abortion is. No such thing exists, or at least anywhere near mainstream practice.
Trump Party?
#160 jess on 11.10.22 at 12:51 pm
just a thought imagine if trump decides to run his own new formed party (none of the above)lol
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That of course would be a wet dream for Democrats. It would the Republican vote bigly.
Brands that provide Cache
Tesla, Rolex, Rolls Royce, Jaguar,…
Not Hyundai no matter the quality.
Faron, I thought we agreed that when I comment your only role was to smile and nod. Please knock it off.
#170 Faron on 11.10.22 at 1:48 pm
#149 Old Boot on 11.10.22 at 11:02 am
For the abortion on demand advocates
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Of which there are zero commenting here. This is mostly a fabricated idea designed to inflame emotions in the same way that “partial birth” abortion is. No such thing exists, or at least anywhere near mainstream practice.
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Strawman.
Sex-selective abortions up to 23 weeks are readily available in BC and Ontario.
Women simply have an ultrasound in Buffalo or Bellingham, and demand their free termination in Canada.
#170 Faron on 11.10.22 at 1:48 pm
#149 Old Boot on 11.10.22 at 11:02 am
For the abortion on demand advocates
—
Of which there are zero commenting here. This is mostly a fabricated idea designed to inflame emotions in the same way that “partial birth” abortion is. No such thing exists, or at least anywhere near mainstream practice.
^^^^^^^^^^^^^^^^^^^^
Like those who think that no legal restrictions (as is the case in Canada) means women who are 39 weeks pregnant can get an abortion just because they feel like it. Does not happen. Pregnancies beyond a certain point (mid 20 weeks) requires a panel of doctors to determine whether or not an abortion is required. Late term abortions do not happen unless there is a danger to the health of the woman. The current system in Canada works just fine. Hospitals do not need legislation to make such health care determinations and in fact legislation complicates the situation and leads to scenarios where women must be actively dying before an abortion can be induced which sometimes is too late. See red states in USA where this happens.
U.S. Supreme Court’s Sotomayor rejects challenge to N.Y. COVID vaccine mandate
By Andrew Chung(reuters0
#163 Abort! on 11.10.22 at 1:03 pm
Also, YOUR BODY?
Have you ever considered the possibility that you don’t own it?
^^^^^^^^^^^^^^^^^
Well then, perhaps you should be forced to give up a kidney, eyeball or arm to someone who needs it.
#168 Faron on 11.10.22 at 1:44 pm
#154 Sail Away on 11.10.22 at 11:41 am
Rights are defined and granted by the jurisdiction of authority. There is no fundamental. In the US, which is the country we’ve been discussing, abortion is not a right.
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Incorrect. Embarrassingly so. See articles 3, 5, and 12 of the UN declaration on human rights.
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???
Surely you don’t think the UN makes US laws?
As a friendly aside, this is another one of those situations it’s probably best to stop digging.
#165 Ustabe on 11.10.22 at 1:12 pm
On a financial blog where oiling our trucks, abortion and the war in Ukraine are being discussed…you feel a need to put pen to paper about me and Teslas? Scroll wheel, friend, scroll wheel.
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So you’re matching Tesla owners’ importance with abortion and the war in Ukraine? Cool! Eagerly await your next post on adult diapers. About as relevant, and something you should have some good knowledge of.
Small point: if you’re going to correct others, it’s important to actually be correct. Nissan’s luxury brand is “Infiniti”, not “Infinity”.
You’re welcome! :-)
#163 – first, your ending comment “everyone recognizes such involuntary conceptions as abortable.” is simply not true. Many of the newly enacted laws in the USA specifically DENY abortion even when the pregnancy is the result of rape. Second, #149 ‘Old’ outlines in detail why the contributions to new life between male & female are unequal. Third, while it is extremely rare there have been documented cases of parthenogenesis in humans.
I agree that better access to & knowledge about methods to prevent conception might result in fewer terminations. However, it appears that many of those who lobby for ‘right to life’ also lobby AGAINST providing knowledge of methods to prevent conception. Ditto for support to permit those seeking to prevent conception from being able to obtain it.