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  1. M

    Obama to tell Canada: No more tar sands oil imports

    By most estimates the USA has between 2 and 3 trillion in bad mortgage loans infecting the balance sheets of banks. Back in the day the requirements to qualify for a loan were pretty onerous. Something changed nover the past 15 to 20 years...
  2. M

    Transaction Tax Bill has now been introduced

    This bill would be a disaster for any one who works in private enterpirse.
  3. M

    Transaction Tax Bill has now been introduced

    This is especially true given that most Democrats do not read the bills they sign.
  4. M

    Obama to tell Canada: No more tar sands oil imports

    My understanding is that the USA imports one million barrels a day from Alberta. I may be wrong.
  5. M

    Obama to tell Canada: No more tar sands oil imports

    What will it say about this administration if we continue business as usual with Hugo Chaves but slam the door in the face of our friends in CAnada?
  6. M

    Obama to tell Canada: No more tar sands oil imports

    My problem with the stimulus is that it is picking the pockets of future generations of Americans before they are even born!
  7. M

    Obama to tell Canada: No more tar sands oil imports

    Barry Obama is the political reincarnation of Jimmy Carter
  8. M

    Obama to tell Canada: No more tar sands oil imports

    I really hope that this is not true. If we continue to by from the Saudi's but tell Canada to f@#K off-well, you know the policy ramifications from this. http://www.bloomberg.com/apps/news?pid=20601103&sid=a0uCsgmBhqXg&refer=us
  9. M

    Obama to tell Canada: No more tar sands oil imports

    Just heard a statement from Roger Hedgecock on his afternoon radio show that Obama will inform Canada that the US will cease imports of tar sands oil in the near future. Reason: Global warming! This is just a rumor from a radio talk show. But after this week nothing suprises me.
  10. M

    Kiss Your Job GoodBye

    I was once lambasted among liberal friends for suggesting that Obama was not as smart as he sounds. I now know that he is as dangerous as he is precieved smart. How on earth could he effectively drive a stake through the heart of the CME? Chicago is his hometown. Chicago without a thriving...
  11. M

    Where to hideout in the worse-case economic scenario

    I'M considering the Lost Coast of Northern CA. Mendocino ,Ukiah, Shelter Cove. Believe me, in the case of a famine you would want to be here. The daily harvest of quality seafood is staggering! Abalone are abundant close to the shoreline.-just look out for sharks!
  12. M

    Socialised health care in Canada poll

    One common complaint agains the Canadian system does appear to be long wait times for complex procedures:MRI's, CT's ,Specialists etc. In the US these procedures are readily available for insured and well-off patients. I have often thought that if we in the US simply ended all capital gains...
  13. M

    California....what happened?

    Shortly after Arnold was elected Gov. he quickly floated 3 propositions on the ballot to reform state Gov. The first was a constitutional admendment to cap the future growth of state spending to a formula based on population growth and annual inflation. This would effectively schakel lawmakers...
  14. M

    Socialised health care in Canada poll

    As stated in my earlier post I live in the USA. San Diego,CA to be exact. I have heard on LA radio (KFI am 640) that many countries with socialised health care will limit access to medical care based on individual lifestyle choices:overweight, smokes, drinks alcohol etc. An individual who...
  15. M

    Socialised health care in Canada poll

    I emphatically stated in my argument that the USA already has a hybrid socialised system: those who are in need of immediate care are given treatment regardless of their ablitiy to pay. Patients who are financially needy are rendered care but have to wait just like in SOCIALISED medicine...
  16. M

    Socialised health care in Canada poll

    Just had a fierce debate with a friend of mine about USA healthcare. We are both US citizens. He claims that Canadians lOVE their Socialised Medical system. I presume that is true because Canadians continue to support the status quo. However, I have heard reports through the media that...
  17. M

    Newspapers continue falling

    The NYT taking an astonishingly risky loan from Slim was a despirate attempt to keep Murdoch at bay. He has had his eyes on this trophy for years. I believe that the day will come-perhaps within 5 years-that Murdoch will ultimatly take control of the Times. This will be a most hilarious...
  18. M

    Why is the market still so low?

    The main hinderance for an expediated economic recovery is certainty in the US tax code. The current tax regmin is due to expire within a year and there is no concrete agreement as to what will replace it. Going forward, CPO's and small business do not know how to allocate capital so as to...
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