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Walmart's Black Friday Going About As Badly As You'd Expect

Walmart's Black Friday Going About As Badly As You'd Expect

Commented Nov 29, 2013 at 11:23:33 in Business

“Google Madness of a Lost Society... compliments the fat cats on Wall Street and the corporate offshoring of jobs to places like China. In Roman times it was called bread and circuses”
Tesco's Facial Recognition Scanners Raise Privacy Concerns

Tesco's Facial Recognition Scanners Raise Privacy Concerns

Commented Nov 9, 2013 at 11:11:04 in Canada Business

“So Facebook is now contemplating using its 1 billion users' photos to support the corporate facial recognition spy system. Creepy

But hey, Z did say people were dumb F'ers for trusting him.”
Chip Wilson, Lululemon Founder, Apologizes After Backlash From Comments

Chip Wilson, Lululemon Founder, Apologizes After Backlash From Comments

Commented Nov 9, 2013 at 10:52:15 in Canada British Columbia

“Typical out of touch corporate CEO. These people see the general public as cattle. If you really want to make this guy sad, do not do any business with Lulu lemon stores.”

virimpig on Nov 9, 2013 at 15:30:58

“With the billions he has earned at LLL he hardly seems to be out of touch!”
Canada Housing Boom Took Household Debt To Ridiculous Levels

Canada Housing Boom Took Household Debt To Ridiculous Levels

Commented Jul 3, 2013 at 11:35:20 in Canada Business

“0% down, 40-year loans by 2006 will do it. Imagine that, banks and the gov't deemed it prudent business policy to lend people 100% of the cost of their homes. Buyers have had no money down or borrowed down payment options, and all doubly-incentivized with tax credits. With the CMHC absorbing all bank risk.

Many will not be able to adjust even if interest rates move up even mildly. The average BC adulty carries almost $40,000 of non-mortgage related debt. People cannot grasp how dependent current life is upon a low interest rate environment. 30 years of declining rates are basically at an end point. A recipe for disaster has been created, but Canadians think holding a 165% debt/income ratio is normal. Think in 2 years how possible it is that there will literally be hell to pay.”

calumet60 on Jul 4, 2013 at 12:31:52

“In the US, 110% was not at all uncommon and we even saw higher than that - 115-120% in some cases. Well, surely today's value will be 10 20% higher in a few years, so no prob.......”
huffingtonpost entry

Vancouver Housing Affordability 2nd Worst In World: Demographia

Commented Jan 22, 2013 at 21:01:52 in Canada British Columbia

“The bigger they are, the harder they fall.”
Walmart Out Of Guns As Americans Race For Arms After Newtown

Walmart Out Of Guns As Americans Race For Arms After Newtown

Commented Dec 20, 2012 at 15:51:03 in Business

“Interesting and thanks for the info and perspectives. This seems to be such a politically and socially divisive issue now.”
Walmart Out Of Guns As Americans Race For Arms After Newtown

Walmart Out Of Guns As Americans Race For Arms After Newtown

Commented Dec 20, 2012 at 13:48:05 in Business

“I'm from Canada and not really sure why everyone is racing to buy semi-automatics. It looks like Obama is going to ban these weapons soon and make them illegal. Eventually they may even try to collect them and take them off your hands.

Does this mean Americans are preparing for Civil War, to defend their second amendment rights?”

lop7693 on Dec 20, 2012 at 14:23:15

“hope so.”

johnnyoo on Dec 20, 2012 at 14:23:04

“The truth is nothing will be done. Dems love pandering to their base, especially when they can scream it from the scene of such a tragedy. However they will not pass it because they know it would be the fastest way to put republicans back in power. You see, Obama never talked about gun control as a canidate for a reason. Senators still have to win elections and know damn well this issue will be political suicide.”

NantanCochise on Dec 20, 2012 at 14:17:08

“I doubt the government would ever go around to peoples homes demanding they surrender guns. They may ban them, meaning no more future sales, have a buy-back program and create laws that would require the non-transfer of semi-autos. So keep it or sell it to the government, but you wont be able to sell it on, legally.
There will be no civil war. We always hear the crazies screaming from the corner of the street as thousands of sane people walk on by.”
Bank Bonuses Canada: 2012 Sees Huge Jump In ‘Variable Compensation' (PHOTOS)

Bank Bonuses Canada: 2012 Sees Huge Jump In ‘Variable Compensation' (PHOTOS)

Commented Dec 11, 2012 at 13:26:18 in Canada Business

“It is very lucrative to screw the public, and then defend that claim by suggesting it is necessary to hold the economy together.”

Walter from Canada on Dec 11, 2012 at 14:33:52

“You're right, the guvmint does screw the public.”
XL Foods Memo: Directive For Alberta Plant Food Inspectors To Ignore Contaminants On Meat Dismissed By Ritz

XL Foods Memo: Directive For Alberta Plant Food Inspectors To Ignore Contaminants On Meat Dismissed By Ritz

Commented Nov 30, 2012 at 01:29:44 in Canada Alberta

“Everyday it gets harder and harder to ignore the fecal matter smeared all over this governments' face. It's way past time for heads to roll.”
Canada Housing Bubble: Toronto Named 'North America's New High-Rise Metropolis'

Canada Housing Bubble: Toronto Named 'North America's New High-Rise Metropolis'

Commented Oct 24, 2012 at 16:04:48 in Canada Business

“With development going so over the top at a time when the BoC says annualized economic growth is 1%, what are they expecting? A Chinese takeover? Or a place for boomers to downsize to and fund their retirement once the RE bubble shatters?”

Pilatunes on Oct 24, 2012 at 17:37:32

“Interesting point. I mean, I know the Canadian economy has done well relatively speaking, but I haven't seen or heard anything that sounds like 'economic boom' to me.

I guess the upside at least is that if they build up, not out, it will prevent some measure of urban sprawl.”
Mitt Romney Favorability Lower Than George W. Bush, Poll Finds

Mitt Romney Favorability Lower Than George W. Bush, Poll Finds

Commented Sep 28, 2012 at 21:07:00 in Politics

“Diebold vote fixing should solve Romney's popularity problem.”

numbers28 on Sep 28, 2012 at 21:16:06

“We just need to swamp the system so much that their cheating will not work. In fact, it will not work.”
Mitt Romney Video: Barack Obama Voters 'Dependent On Government' (UPDATED)

Mitt Romney Video: Barack Obama Voters 'Dependent On Government' (UPDATED)

Commented Sep 18, 2012 at 12:28:35 in Politics

“No surprise. The establishment has positioned a member of the kleptocratic criminal class that is destroying America to run for President. Eventually the proles will see this for what it is.”
Paul Ryan Address: Convention Speech Built On Demonstrably Misleading Assertions

Paul Ryan Address: Convention Speech Built On Demonstrably Misleading Assertions

Commented Aug 30, 2012 at 11:24:06 in Politics

“America is now self-destructing.”
This Is Not An Enbridge Animation: BC Video Response to Island-Less Ad (VIDEO)

This Is Not An Enbridge Animation: BC Video Response to Island-Less Ad (VIDEO)

Commented Aug 20, 2012 at 11:23:40 in Canada British Columbia

“Signed. These guys would kill for a dollar. Who would of thought that taking hard to get tarsands oil and shipping it halfway across the World was such a magnificent idea? Are you kidding Enbridge? Dumb. I bet if the final figures were ever tallied it would cost more energy per barrel of oil to extract and ship it to China than the energy value of that barrel of oil itself.”

Another Pesky Canadian on Aug 20, 2012 at 11:45:44

“Re: "These guys would kill for a dollar."

Through the contribution of their products to Global Warming; the oil companies are ALREADY involved in killing the planet and everything that lives on it in pursuit of the ALMIGHTY DOLLAR.

The term "Genocide" does not even begin to cover the extent of the crime. What is happening is more like a careless extinction program.”
Canada House Prices To Drop, Stay Down For A Decade, Causing Unemployment, Scotia Says

Canada House Prices To Drop, Stay Down For A Decade, Causing Unemployment, Scotia Says

Commented Aug 8, 2012 at 19:15:32 in Canada Business

“More "lipstick on a pig" from the banking sector, and the same company that wants its customers to "borrow to get ahead".

Vancouver is well on its way to a bomb-busting correction that alone might take down the whole Canadian market 10%. This is what happens when CMHC no longer insures homes over 1 million dollars, and the normal amortization period returns.

Richmond 19.5 months of inventory
Vancouver prices already down 15 - 20%
Burnaby 5 sales in July out of 154 homes priced over 1.4million.
http://whispersfromtheedgeoftherainforest.blogspot.ca/

High MLS listing recycle rates
http://vancouverpricedrop.wordpress.com/

Furthermore, no mention by Scotiabank of adverse external global "shocks" to the economy. Keep borrowing, because you're richer than you think.”

billll on Aug 9, 2012 at 10:18:13

“Credit is a very useful tool for building wealth. It is the people who use it foolishly that get in trouble.”
Toronto Condo Market Shows Signs Of Slowdown As Buyers Flee Tiny Suites

Toronto Condo Market Shows Signs Of Slowdown As Buyers Flee Tiny Suites

Commented Aug 2, 2012 at 20:55:20 in Canada Business

“A 50% drop yoy is just a slowdown according to the media. According to BMO it's just overblown fears.

http://business.financialpost.com/2012/07/24/toronto-not-in-condo-bubble-rbc/

Up is down and down is up.

Canada's banks are the safest in the world. Forget about the 7 bank negative outlook revision by S&P, because of RE exposure. That was just a rumor of a rumor. There is no problem here. Keep drinking the Kool-Aid, because it is nice and warm outside.”

Aesops on Aug 3, 2012 at 01:58:58

“Money, again, has often been a cause of the delusion of the multitudes. Sober nations have all at once become desperate gamblers, and risked almost their existence upon the turn of a piece of paper.

-Charles Mackay”
Iran Bank Fraud Scandal: 4 Sentenced To Death

Iran Bank Fraud Scandal: 4 Sentenced To Death

Commented Jul 31, 2012 at 13:55:32 in World

“America worships and has been conquered by their Wall Street masters. This is why there is a strong Western sentiment to go to war with Iran. The public has absolutely no say in the matter.”
Come On, Feel The Schadenfreude: Seven And A Half Things To Know

Come On, Feel The Schadenfreude: Seven And A Half Things To Know

Commented Jul 24, 2012 at 15:07:22 in Business

“Bring on the downgrade. Everyone gets a bailout in the global Ponzi scheme farce economy.”
Mitt Romney Booed At NAACP Convention For Saying He'd Repeal Obamacare (VIDEO)

Mitt Romney Booed At NAACP Convention For Saying He'd Repeal Obamacare (VIDEO)

Commented Jul 11, 2012 at 21:09:57 in Politics

“The 2012 election year Gong Show gets underway. What is flip-flopper Mitt supposed to say.... I support Obamacare? Meanwhile Rome burns.”
Egypt Election Results: Mohammed Morsi, Muslim Brotherhood Candidate, Announced President

Egypt Election Results: Mohammed Morsi, Muslim Brotherhood Candidate, Announced President

Commented Jun 24, 2012 at 11:45:52 in World

“Muslim Brotherhood. Loyal to Western interests and Western interests only. A proxy group spawned by the US, Israel, and the CIA. The so-called Arab Spring over all of last year was just a fake. Sad to say, Egypt has not learned one single thing in over a year.

http://landdestroyer.blogspot.ca/2012/06/us-struggles-to-install-proxy.html
Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Commented Jun 12, 2012 at 14:26:34 in Canada Business

“I am well aware of the warnings, I'm just not sure the average Canadian is. There seems to be this impression that it can never happen here.”

sgillhoolley on Jun 12, 2012 at 14:40:46

“Yeah, Canadians seem to have lost their inherent distrust of anything they are told, which used to lead them to research things and find out the truth.  Now we seem quite happy to stick our heads in the tar sands and pretend that all is good.”
Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Commented Jun 12, 2012 at 14:21:52 in Canada Business

“This was because they dropped interest rates to the floor to save the economy. It's the only reason prices bounced back up. Cheap, easy money. This option has now been exhausted.

The Chinese buyer equation is also toast as all the HAM has been spent over the last 2 years and China's RE market is already tanking ahead of Vancouver's.”

tokenblackman on Jun 12, 2012 at 15:19:19

“You may be right but people have been saying the same thing for years.”
Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Toronto, Vancouver House Prices: TD Bank Predicts 15-Per-Cent Fall In Medium Term

Commented Jun 11, 2012 at 13:21:35 in Canada Business

“But....all this year they were saying no bubble, no correction........ where the change of tune..... and every major realty firm says its a healthy balanced market! LOL. Guess the blanket of denial is getting a little suffocating.”

sgillhoolley on Jun 12, 2012 at 10:20:52

“You must be reading the wrong sources...I heard that a correction was due in Canada about 6 months ago.”
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