You had your V.P. Debate last night and we had our Leader’s Debate. First thing I will say …Thank God when an Election is called in Canada , the process lasts only about 45 Days. We have our election on 14/Oct/08. That is more than enough time to listen to the" Clap Trap " of any politican. I do not envy you in having to endure 24 months of running for the position. Let me see....Four Year Term of which Two Years are spent attempting to get elected and raise funds. If we ( FAs) worked on the same basis we would be out of business. My rant for the day. Listening to both the U.S. and Canadian Debates .... amazing how each party's spokeman ( oopps Spokespersons ) are out of the gates....WE WON. Really who cares? The reality is most people have decided on their respective choices and the debate seldom changes the outcome. How foolish ...if you recall in High School or University the Debating Teams. Did you care or have you noticed the Team Members? I recall the class geeks , suck-ups , wannabess with a little ambition. Never saw them ever doing what other students did. One of the pundits in Canada was asking the " Big Question " ....why was Stephen Harper the Prime Minister not wearing his wedding ring or watch. Immediately after the debate the party officials were out with the reason...he has an allergic reaction to metals. Who the cares?
Most folks are already decided, on the basis of personal economics.Here is my theory: pretending to be objective about "who won" is a form of passive/aggressive behavior, which is fed by adrenaline addiction. In an economic sense, these behaviors (investment of time, talent when the decision is alreay made) are a logical extension of material consumption. Big screen TVs, high def, tons of pundits and NO MONEY TO SPEND (even though excess liquidity got us into this mess) = the new 24/7 economy of compulsing over BS. No harm done, though, an economy is an economy. Next phase: compulsion with and real work being done on the economics of (energy) sustainability. I see tons of opportunity on where to take my practice. For one, a few years ago, there was too much money (including dollars overseas, chasing too few stocks post 9/11) ... but the $$$ went into real estate ... wonder where the money's going next.
Walking9…if you know where the next place the money will flow to …do us a favour , share the information with all of your New Best Friends on Registered Rep.
Stocks, for the usual reasons. The Chinese will own Wall Mart some day. Who knows the timing of the market?
" share the information with all of your New Best Friends on Registered Rep. "Ha ha. Sometimes, new friends are really old friends.
GEEZ , it is Friday afternoon and the Politicans and Petty Bureaucrats are at it again. The city that I reside in has a total of 17,000 muncipal employees. Yes really!!! Yesterday they announced a Budget Shortfall of 26.5 million. The voters/taxpayers have been screaming about waste and too many employees.Our beloved City Manager just announced .....we have reduced the employee count by 100 jobs. Oh , the 100 jobs , well those jobs have never been posted or filled ( the jobs don't exist ) but look we have just saved xxmillion dollars. Bull Shit !!! This is also part of our problem continued Government waste and the bloating of the bureaucracy at the COST TO THE TAXPAYER.
Indexed Pension Plans , Guaranteed Annual Increases , Every Public Holiday & More , Minimum Three Weeks Vacation - 1st. year , 18 Paid Sick Days per annum ( use them , accumulate them or save them and be paid for time upon retirement ) , No Incentive to Perform and the Best Benefit of All - Job Security.Come on why would you ever want to work for the Government? I am sure that we all have the above and more?
Include schoolteachers, and you would almost think that there would be a good reason for to keep people economically ignorant about taxes, free markets, the need for a strong military, and so on. Let's see, how would the media have its own interest in all of this...
Let me see if I choose or can even get a Government Job…why work once you are in? Just make sure those suckers ( oopps sorry , taxpayers ) keep on working and paying taxes. Those suckers ( excuse me again , taxpayers ) don’t realize how lucky they are to have an efficient government system. Boy are we lucky to have them working for us …just imagine if they actually had disdain for the public!!!
But if you accept the retirement planning strategy, “never retire”, it may make sense in your later working years (70+), when you are feeble-minded and can take it, try to get hired by the government. Then, you will have had your adventures, AND security.