Friday, 9 September 2016
Wednesday, 7 September 2016
Thursday, 25 August 2016
Sunday, 14 August 2016
Sunday 14August2016 - Today's Thoughts Re Infrastructure!
When one mentions infrastructure at the country, province, state or local level we often just think of just the physical infrastructure networks in our daily lives. These are the usual references to roads, public transportation, energy distribution systems, sewers, water systems, etc. These are the Hard Infrastructure systems.
As well there are Soft Infrastructure systems that benefit our highly developed economies that we often do not recognise or give full credit to as performing a key function to the well being and support of our advanced western economies.
In Canada we recognise that education, the rule of law, and especially health care and many others are essential infrastructure services that support the basic structural needs of all of our citizens to lead and contribute to out society as a whole.
When talking with our neighbours to the south, I find it very difficult to understand their reluctance to understand that the inclusion of the soft infrastructure of healthcare is beneficial to the long term advancement and support and well being of their citizens.
When one mentions infrastructure at the country, province, state or local level we often just think of just the physical infrastructure networks in our daily lives. These are the usual references to roads, public transportation, energy distribution systems, sewers, water systems, etc. These are the Hard Infrastructure systems.
As well there are Soft Infrastructure systems that benefit our highly developed economies that we often do not recognise or give full credit to as performing a key function to the well being and support of our advanced western economies.
In Canada we recognise that education, the rule of law, and especially health care and many others are essential infrastructure services that support the basic structural needs of all of our citizens to lead and contribute to out society as a whole.
When talking with our neighbours to the south, I find it very difficult to understand their reluctance to understand that the inclusion of the soft infrastructure of healthcare is beneficial to the long term advancement and support and well being of their citizens.
Friday, 12 August 2016
Friday 12August2016 - Chart of the Day!
Chart from Danielle Park's web site.
As one chases yield in over priced dividend paying stocks, it is mindful to keep this big picture of the equity markets as represented by the SP500 proxy SKY in ones decision making and not get carried away.
Central bank policies of zero interest rates and printing money (QE) have certainly upset the prudent investment of savings and retirement accounts for individuals, private pension plans and insurance companies.
Chart from Danielle Park's web site.
As one chases yield in over priced dividend paying stocks, it is mindful to keep this big picture of the equity markets as represented by the SP500 proxy SKY in ones decision making and not get carried away.
Central bank policies of zero interest rates and printing money (QE) have certainly upset the prudent investment of savings and retirement accounts for individuals, private pension plans and insurance companies.
Thursday, 14 July 2016
Sunday, 10 July 2016
Sunday - 10July2016 - A Trump Tragedy!
Donald Trump was visiting a primary school in Orlando and visited a
grade four class. They were in the middle of a discussion related to words and
their meanings.
The teacher asked Mr Trump if he would like to lead the discussion on the word 'tragedy.' So our illustrious Republican candidate asked the class for an example of a 'tragedy'.
One little boy stood up and offered: "If my best friend, who lives on a farm, is playing in the field and a tractor runs him over and kills him, that would be a tragedy."
"No," said Trump, "that would be an accident."
A little girl raised her hand: "If a school bus carrying 50 children drove off a cliff, killing everyone, that would be a tragedy."
"I'm afraid not," explained Trump. "That's what we would call great loss."
The room went silent. No other child volunteered. Trump searched the room.
"Isn't there someone here who can give me an example of a tragedy?"
Finally at the back of the room, Little Johnny raised his hand. The teacher held her breath.
In a quiet voice he said: "If the plane carrying you was struck by a 'friendly fire' missile and blown to smithereens that would be a tragedy."
"Fantastic!" exclaimed Trump, "That's right. And can you tell me why that would be a tragedy?"
"Well," says Johnny, "It has to be a tragedy, because it sure as hell wouldn't be a great loss... and you can bet your sweet ass it wouldn't be an accident either!"
The teacher left the room..
The teacher asked Mr Trump if he would like to lead the discussion on the word 'tragedy.' So our illustrious Republican candidate asked the class for an example of a 'tragedy'.
One little boy stood up and offered: "If my best friend, who lives on a farm, is playing in the field and a tractor runs him over and kills him, that would be a tragedy."
"No," said Trump, "that would be an accident."
A little girl raised her hand: "If a school bus carrying 50 children drove off a cliff, killing everyone, that would be a tragedy."
"I'm afraid not," explained Trump. "That's what we would call great loss."
The room went silent. No other child volunteered. Trump searched the room.
"Isn't there someone here who can give me an example of a tragedy?"
Finally at the back of the room, Little Johnny raised his hand. The teacher held her breath.
In a quiet voice he said: "If the plane carrying you was struck by a 'friendly fire' missile and blown to smithereens that would be a tragedy."
"Fantastic!" exclaimed Trump, "That's right. And can you tell me why that would be a tragedy?"
"Well," says Johnny, "It has to be a tragedy, because it sure as hell wouldn't be a great loss... and you can bet your sweet ass it wouldn't be an accident either!"
The teacher left the room..
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