Last week we said good-bye to the Olympics, and as well, to the Tragically Hip. I was never a rabid “Hip” fan, but I enjoy a great deal of their music (and if you listen closely to the lyrics, you might just learn something, about Canada). Some might say, “… life goes on…”, but that doesn’t mean we can’t feel sadness about the passing of time. Also, the summer is also almost over.
How much are you willing to pay to save your life? The entire price of EpiPen silliness in the U.S. really does make me wonder if big drug companies assume they are like banks and can charge whatever they want, and there will be no repercussions? As a stock holder in Pfizer (still) I suppose I am a hypocrite for making that comment, but Pfizer’s big money-maker is still Viagra, and if you want to gouge men who want to have a drug which has a possible side effect of “… an erection lasting more than 4 hours…”, then so be it.
I was disturbed to read the Ontario Ombudsman’s report “Nowhere to Turn”, where the Ombudsman called for systemic overhaul to help adults with developmental disabilities in crisis. The quote in the report that concerns me is:
“There is still marked inconsistency in how limited funds are prioritized and distributed” and families struggle with “interminable waitlist delays,” leaving some so desperate that they have abandoned their loved ones.
My Writings for Week Ending August 26th
I started the week writing about inflation, and the arithmetic cogitations that make the numbers appear good, but the calculations that tell a different story, with Electricity Prices Continue to Sizzle in July. Electricity prices continue to go up (especially here in Ontario), while gas prices appear to be dropping which are nullifying the effects of the electricity price jump. Fun with Numbers.
I also had a lovely conversation with one of my favorite folks, Kerry from Squawkfox, and she was doing research for some work she is doing for the Globe and Mail. The topic of RESPs came up, and I remembered that I had started an article RESP Proof of Enrolment and its importance to the cashing out of the RESP funds, so I finished that one off. I typically end up getting inspired when I chat with smart money folks, so thanks Kerry.
An Excellent Question
An interesting question from a follower:
— Punch McKully (@kayaking_canada) August 24, 2016