Need the Opposition
Even though I don’t agree with a lot of his fiscal policies, I send out a Get well Jack Layton shout out to the guy who wants to be Canada’s political conscience. I hope Jack can recover from whatever he has, I think he will play an important role making sure that Canada does not become too conservative (that is small c not the political party). I have to admit he looked awful (health wise) on TV on Tuesday, but get well soon Jack you can make Parliament that much more fun to monitor. With the Liberals in disarray, the NDP is the only opposition voice for Canada, and I feel that the Parliamentary opposition (even in a majority government) has an important role to play.
More Debt Ceiling tremors are causing the stock markets to absolutely plotz this week, but is this a buying opportunity or simply a shape of things to come warning? I cannot believe the way both parties in the U.s. are attempting to make political gains on the back of this fiscal neutron bomb? Who gives a rat’s ass about who caused the problem, fix the short term problem and then argue about long term fixes once the short term fix is in place. Don’t play silly buggers games trying to claim you were the last one to pull your foot off the track before the train came (unless you want a neat new nickname like the gimp).
August begins on Monday, and I may or may not have a post (as it is a holiday here in Ontario). If not, there will be something here for you gentle reader. Don’t forget to follow my Twitter feed there are some excellent job hunting tips being shared by me (OK, incredibly sarcastic and silly, but in my mind, same thing).
Inflation is down a little in Canada, but a very eclectic array of themes this week, not sure what brought this on, but:
- Financial Armageddon is a former Treasury Secretary pointing out the folly (on both sides) about the politicizing of this fiscal decision.
- As mentioned inflation has slowed in June 2011 but it is still quite high (except by the Bank of Canada core rate), and could cause more fun with interest rates soon.
- Still not quite sure what the message was from financial lessons from the Departed other than I like the movie, and I have now bought the soundtrack (gotta love the Dropkick Murphys).
- Back to being more informative with EcoEnergy On Line and Ready to Go unfortunately I don’t think I can use it for my window replacement project. Note the picture of the lousy windows I previously had in my house
- I do enjoy computer tinkering at home but not really sure what message I was trying to get across with that article either.
I actually enjoy all comments (even the ones that question my sanity), and will try to respond to most comments, so please feel free to comment away. For you spammers who continue to inundate me with your drivel, keep it up as well.
With a financial apocalypse on the horizon with the deficit ceiling issues, what were my favorite financial mavens saving?
- Million Dollar journey is giving some pointers for new home buyers (folks who haven’t bought a house before) with First-Time Buyer Perspective: Getting Pre-Approved, remember if you do get pre-approved you don’t have to use ALL the amount the bank will loan you.
- Gail Vaz-Oxlade gives us 5 Questions to Ask Before You Tie the Knot Again, and surprisingly none of them are, “Do you want to live the rest of your life with this person?”, I guess it’s implied.
- Michael James is an amateur psychologist in his spare time, and this week he gives us A Theory about Risk Aversion, he is a man of many hats, wonder how he keeps them all straight? He does have a nice hat rack though.
- Over at Financial Highway our good friend Miranda brings us Which Home Improvements give the best ROI, I hope it’s windows, after my latest outlay.
- Canadian Capitalist tells us that evidently there is an Instant Norbert Gambit for all TD Waterhouse Customers, wasn’t Norbert Ralph’s neighbour on the Hooneymooners? I could be mistaken.
- Our drinking buddy My Own Adviser doffs his psychological turbin as well to discuss My Circle of Competence, and creates a recursive stack implosion with the idea of knowing what you know about knowing what you know (think about that enough and your brain will go BOOM).
- Larry MacDonald wonders about the validity of giving Telus Shares a Thumbs Up, which some folks have lately. Me, I like BCE just because they mistreat their customers, gouge consumers and treat everyone like crap (that’s my kind of investment). Yes I own shares in BCE.
- Our old friend Tom at Canadian Finance Blog brings us Hate Winter? Here’s How to Avoid it Forever (OK it’s not Tom, it’s some other guy, that Tom let write on his site).
- Preet writes in the Globe and Mail What You Need to Know about the Debt Crisis, here is a synopsis: we are all screwed. Don’t know why people say I am flip about these topics.
- Echo from Boomer & Echo (fame) tells us Ways to Save in Your Tax Free Savings Account, my first suggestion would be to put money in it, but after that I have no idea.
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Have a look at my micro-blog on Twitter, where you can see a whole plethora of good articles and pithy comments by me as well. Twitter feed where I re-tweet many great articles by some of my featured writers (and make the occasional odd or off colour commentary on life (in 140 characters or less)). I am also on Digg as Big Cajun Man, on reddit, Tumblr and other Social Media sites (look for the BigCajunMan userid) as well.
As an added feature on the Tweety, this week I have been putting up some Useful Job Hunting Tips.
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“When you’re sick, you present your medicare card, not your credit card. New Democrats will not stand idly by. We will be fighting each and every day for our precious medicare system.”
Author: Jack Layton keep fighting Jack, I may not always agree with you, but we need you in Parliament