News - Stories and Rants
Tuesday, 24 July 2018
Monday, 23 July 2018
manifestation assurance emploi, peut tu lancer un cri d,alarme mardi 9 am caraquet bureau a serge cormier!!!!!!
Charles,
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mardi 9 am , manifestation assurance emploi, peut tu lancer un cri d,alarme mardi 9 am caraquet bureau a serge cormier, amener vos tente et camper rough camping jusqu,a ce qui fasse les changement
Sunday, 22 July 2018
Saturday, 21 July 2018
Friday, 20 July 2018
Thursday, 19 July 2018
Wednesday, 18 July 2018
Tuesday, 17 July 2018
Monday, 16 July 2018
Sunday, 15 July 2018
Saturday, 14 July 2018
Friday, 13 July 2018
Thursday, 12 July 2018
Bank of Canada increases interest rates to make the rich even richer
By André Faust (July 12, 2018)
Today in a press release the Bank of Canada has announced that it Is increasing lending rates to 1.5% to the retail banks. ("Bank of Canada raises overnight rate target to 1 ½ percent", 2018). So what does that mean for the average Joe/Jane on the streets, well it means that if you are taking out a loan or credit today your interest payment will increase by 1.5 % and if you add it to compound interest then that number becomes significant. Before going on, let’s turn the pages back and look at the role of the Bank of Canada before I get into today's announcement.
Let’s go back to 1938 to the year 1974,
Canada was borrowing from itself at interest-free loans, which allowed Canada to be very prosperous. So as a result of these loans Canada developed quite substantially, with the money created being used to build highways such as the McDonald-Cartier freeway, public transportation systems, subway lines, airports, the St. Lawrence Seaway, funding the universal healthcare system, and the Canadian Pension Plan and so on. In 1973 Trudeau’s government decided to stop borrowing from the Bank of Canada at interest-free to the retail commercial banks who charge interests. Here is where it gets crazy because of it the Bank of Canada who sets the interest rates. How rational is that?
After Canada started to borrow from the commercial banks is when we see Canada’s debt load increase to where it is at today. Obviously, Trudeau did not follow the wisdom of Mackenzie King himself who had once said,
“ Once a nation parts with the control of its currency and credit, it matters not who makes the nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile."
So here we are at today’s announcement, basically, the Bank of Canada said it would increase the interest by 1.5 % which means that the Federal, Provincial and municipal government will now even pay more interest on interest.
For Canadians especially those seniors on Fixed income and if their mortgage is up for renewal there is a likely hood that they will not be able to pay the new rates, and lose their home to the banks. Both Trudeau and Gallant inject a considerable amount of money into the economy which did stimulate economic growth people had more money so they were spending more. This interests increase is going to remove money and buying power from the people which we should see all of the efforts to strengthen our economy go down the toilet bowl. It is expecting that the bank of Canada will have another rate increase in September. The only winners in this are the banks. Let follow Mackenzie king approaches to economics where the country, the provinces and the manipulates don’t pay interests on interest but pay the Bank of Canada like the old day’s interest-free.
References
Bank of Canada raises overnight rate target to 1 ½ per cent. (2018). Retrieved from https://www.bankofcanada.ca/2018/07/fad-press-release-2018-07-11/
Household debt-to-income ratio edges lower: Canadians now owe $1.70 for every $1 earned. (2018). Retrieved from https://business.financialpost.com/news/economy/statistics-canada-reports-household-debt-to-income-ratio-edges-lower Prudent Press |
The History of the Bank of Canada. (2018). Retrieved from http://prudentpress.com/finance/history-bank-of-canada/ Remember when: What have we learned from the 1980s and that 21% interest rate?. (2018). Retrieved from https://www.theglobeandmail.com/real-estate/the-market/remember-when-what-have-we-learned-from-80s-interest-rates/article24398735/
Trade tensions the 'biggest issue' on the horizon as Bank of Canada hikes interest rate | CBC News. (2018). Retrieved from https://www.cbc.ca/news/business/bank-of-canada-rate-decision-1.4742063
Household debt-to-income ratio edges lower: Canadians now owe $1.70 for every $1 earned. (2018). Retrieved from https://business.financialpost.com/news/economy/statistics-canada-reports-household-debt-to-income-ratio-edges-lower Prudent Press |
The History of the Bank of Canada. (2018). Retrieved from http://prudentpress.com/finance/history-bank-of-canada/ Remember when: What have we learned from the 1980s and that 21% interest rate?. (2018). Retrieved from https://www.theglobeandmail.com/real-estate/the-market/remember-when-what-have-we-learned-from-80s-interest-rates/article24398735/
Trade tensions the 'biggest issue' on the horizon as Bank of Canada hikes interest rate | CBC News. (2018). Retrieved from https://www.cbc.ca/news/business/bank-of-canada-rate-decision-1.4742063
Wednesday, 11 July 2018
Tuesday, 10 July 2018
Monday, 9 July 2018
Sunday, 8 July 2018
Saturday, 7 July 2018
Friday, 6 July 2018
Homeless guy who was drugged by High School Kids with Viagra was severely beaten up on the WOODSTOCK walking Trail!!! Severe Brain Damage I guess...:(
ASSHOLES!!!!! 1 ALWAYS BELIEVE THAT AREA WAS A SNOBBY AND SAFE AREA?????
Strange.....nothing from the Fredericton Police eh????? They are too busy chasing people riding a bicycle without a helmet or falsely accuse innocent citizens to be Pedophiles!!!! This City is not a safe place to live!!!!
Strange.....nothing from the Fredericton Police eh????? They are too busy chasing people riding a bicycle without a helmet or falsely accuse innocent citizens to be Pedophiles!!!! This City is not a safe place to live!!!!
The 2018 New Brunswick Election is on!!!!
http://www.supercartoons.net/cartoon/641/bugs-bunny-ballot-box-bunny.html
Thursday, 5 July 2018
Wal-Mart in Miramichi sucks!!! BIG TIME!!!!!...
Wal-Mart in Miramichi sucks!!! BIG TIME!!!!!...I went there yesterday and they remove all the cashier and replace them with - Pay for your own Grocery!!!! I tried it and didn't have a credit or debit card...no cash allowed.....You should have seen the line up!!!!...I waited for 20 minutes....One employee said - This new system IS NOT going to work!!!! They are going to lose MANY customers......Wal-Mart in Miramichi....YOU SUCK BIG TIME!!!!!!
Wednesday, 4 July 2018
Tuesday, 3 July 2018
Monday, 2 July 2018
Soleman at King's Place to soon re-open!!!!
Here's an old Blog -
Everyone is still in shock....I was surprise the store was open....Peter's friend and worker David was there to call customers to tell them the bad News.
It sure is different not noticing Peter behind the counter working or listening to youtubes on the internet.
Everything is left intact just the way People had it when he close up his store last Friday.
I remember Peter used to collect the free McDonald's cafe coupon and would give them to someone in need.
People are walking by with tears in their eyes and saying - I'm going to miss the Good Morning I had from Peter on a daily basis....
I had MANY debates on MANY different issues with Peter. I will keep these debates to myself but there's one issue I will say and it's the manner humans act. < especially Snobs >
People who runs businesses have to deal with them EVERY single day.
He would tell me some funny stories < especially people calling in via phone >...but I did see an episode right in front of my very eyes this morning.
This woman walked in for her shoes.
The grieving employee gave her her shoes.
She replied - How much?
He really didn't know so he raise his arms in the air and said - 10 Bucks!!!
She replied - Peter would have never charged me $10.00!!!
He shot back by saying keep your money. I am in no mood in debating the price of a repair shoe!!!
She left the money on the counter and suddenly change into a concern attitude..Ohhhh Was Peter sick? How's the Family??? Etc...etc ..etc....
AARRGGGGHHHHHH!!!!!!
I just had to bite my tongue < still hurts >
People are VERY strange even during a time of mourning.
But Peter was the type who would give breaks to anyone who he feels was going thought a difficult time.
That's the way he was....just a nice guy....:)
Peter used to sharpen skates but he stop that practice because people were just too fussy.
It's sure going to be difficult not seeing Peter sitting down on his old seat.
He will be truly miss by MANY people.
Here's some pictures from this morning < thanks to David for allowing me to take these pics >...:)
As I said in a video last night....he was one of the best....my deepest sympathy to his Family and Friends.....
UPDATE - Peter's son Patrick showed up around noon and it looked like a funeral home all day...hundreds of people stopped by the Store to share their anguish over Peter's death....:(
Sunday, 1 July 2018
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