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Jacques René Giguère
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Nick: so with my first card. 1973. For my first trip to Blighty (and Scotland too : https://www.hw.ac.uk/schools/textiles-design/. in Galashiels.)
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"We grew up with currency". And we adapt. People no longer try to cover an overdraft by writing a cheque because they understand chequing accounts. My students rarely use currency. They use debit card and Apple Pay and whatnot. I am not sure if they understand that it's only bit on a computer but it's no longer money is "paper with the face of the Queen in the right of canada."
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Despite mouthing pseudo-communist absurdities, he was first and foremost a typical incompetent south american caudillo. As if Batista had learned russian. The hostility from the US had nothing to do with his political views but held from the deep-seated wish of the Southern politicians to control the Gulf of Mexico and the Caribeans, to establish new slave states. The activities of the Golden Crescent Society never really ceased. And basing the idea that Cuba was the richest South American country based on the number of TVs is funny given that they were mostly in hotel rooms, which Cuba, aka America's bordello, had far more than any other SA countries.
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Stare R policies were enacted on their own. Blaming BHO was mere cherry on the sundae. Ivanka has showed no interest in anything else thanpeddling jewelry. Unless she has really hidden talents, she isn't even par for really big corruption on the Putin scale. As for Jared, he needed a cash donation to a degree-selling institution to be admitted. And it won't matter. The R are incharge of districting, voter registration and the next census, as well as naturalisation law. You need only to rig FL,NC,WI,MI and as long as democrats (in the larger sense) go along with the charade, DJT and his gang are in power indefinitely. Business leaders will make the usual choice between long term prosperity free markets and short term cronyism. Trumpistas don't need to jail intellectuals, merely letting them chatter away will be enough. As for the press, no need to murder journalists à la Putin. Their bosses are already normalizing. We are now in the era of gutten deutschen.
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The Appalachians form the southermost part of Québec along the US frontier which essentially is the water divide between the St-Laurent basin and the Atlantic coast. The inhabitants exhibit an attenuated form of Appalachian behavior. The area have been thouroughly studied after the 1980 referendum and before the 2008 provincial election. http://www.pum.umontreal.ca/catalogue/le-comportement-electoral-des-quebecois The BQ isn't remotely Trumpian except in the utterances of the Gazette-G&M-TOStar-McLeans bizarre universe..
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Garment workers didn't became computer programmers. But in a big city with a very good educationnal system their children did. And those who lost their job didn't lose health insurance and at least a minimum retirement income not tied to their employment history(Old Age Pension and if necessary Guaranteed Income Supplement) didn't sent them into economic misery and total despair. The 70's were tough and a few years ago I published here a spreadsheet showing the improvement in employment in QC (province, not city of the same name)since 1966. (Québec,Québec, city so nice they name it twice.) There is something very useful in a big city with a functionning social net.
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The point about big cities is that they offer a better chance of reorienting the workforce. The small resource city where I live has known 2 crashes in my lifetime, with the attending housing boom and bust,personnal bankrupcies and suicide. Last year 2 out of 12 paramedics had to be evacuated for PTSD treatment after seeing too many suicides. In a small city, you know who you are unhooking from the ceiling or disconnecting from the exhaust pipes. Meanwhile Quebec City lost all its garment and shoe industry and became a center for science research and computer games and imaging. The former Dominion Corset factory is now the Faculty of Architecture and design.
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And in Canada this phenomenon is much smaller.So is the sense of despair. https://morecrows.wordpress.com/2016/05/10/unnecessariat/ Read 12th paragraph and maps. I live in a small isolated blue-collar city (though a regional services center with lots of white-pink collars plus a good amount of professionnals) but we don't see that stupefying amount level of drug abuse and suicide.
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Something that differentiate Canada from the US is the much smaller share of population in small cities. From a regional economics (second subject of interest for humble IO guy) standpoint, what is striking is the very weak second and third tier urban network. Maybe because we urbanised somewhat more lately than the US, we had an urbanisation pattern more similar to a third-world sudden urban explosion in major cities, bypassing smaller towns completely, like Thailand where Bangkok has almost 6M inhabitants and the second-largest city, Nonthaburi, less than 300K. (Since my early childhood and I'm not that old, my native QCity metro area has almost tripled in size). It is difficult to feel put upon by east coast elites when most everybody is part of it, whatever we might feel about the CBC TO crew or la gang du Plateau (Montréal media elites)... To gain traction,the rural part of the CPP is forced to ally itself with a much bigger and ultimately controlling urban business wing. In QC, the very weak vaguely Trumpian CAQ is barely able to go outside its potting soil in the QCity northwestern suburbs and south western rural hinterland (nothing in the prosperous and long settled south eastern part, sociologists and historians to the rescue please).Interestingly, a good many of these voters are not only below average in education but are rather recent immigrants from our own Appalachia. Bush II support came from places smaller than 125K. Trump from an even higher support from places smaller than 50K. In Texas, all major cities, San Antonio,Austin,Fort Worth,Dallas and even H freaking ouston were majority HRC. And don't forget that we don't have the heritage of slavery and the 1830's Jacksonian democratic revolution when franchise was extended from rich whites to all white males. As for minorities, whatever the canadian political discussions may be (no trolling please),franco-canadians are a very weak substitutes for African Americans in silent thinking.
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Avon: I could understand a self-styled libertarian approving Trump for not paying its taxes. But the basis of his fortune is inherited wealth, a good chunk of the rest comes from not paying the invoices to its suppliers and his business acumen is having performed no better than half an index fund.
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"The roles that the FBI and Putin’s Russia appeared to have played in this election will also need to be addressed." I am sure this will be investigated by our fine and loyal security services. oIt will be the first direct order of President Trump to Director Comey,
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In the business world, you often buy another concern by assuming the debts. Instead of giving one color of money, you accept the other kind. There doesn't to be a lot of soul searching in that universe. Am I right or is humble IO playing in big people bowling alley?
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If I understand you right, you indeed want to put gas on the fire and I'm ok with that.
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Nick: are you telling me that you want to accelrate the process of shifting resources by crashing the massive and interest dependant housing in a way that you couldn,t do to the small non-interest sensitive bathing-suit-fur coats sector? During WWI, when working at the Treasury managing the foreign exchange reserves, he met a friend who asked him his plans for the afternoon. "I am going to crash the spanish peseta!"
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Nick: aren't price rises sufficient to switch resources? Why do we need interest rae rise? We don't ask the CB to intervene when Canadians switch from bathing suits to fur coats in early August (at least where I live). Or is IO guy missing something real deep?
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Or in macro terms, there will be a crowding out of private investments. Which is exactly what you want. Why would the CB use monetary policy to prevent the price system from doing its job? Unless the CB wants to stop the building of schools. That is usurping the role of governments (which the paranoids (and THEY know who we are) have suspected for a long time...)
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Nick:"Which means you need to use monetary policy to prevent AD from increasing." If we build more schools, construction workers and firms will move there instead of building shopping malls.Isn't allocating resources the role of the price system or has humble IO guy missed something during his micro courses?
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Who cares about how Rep. politicians vote if Trump win?
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" It was an electoral plus for Republicans until 2006. It is electorally neutral now. The shadow it casts is likely to be electorally disastrous a decade from now." No. As the Rep are gonna be in power for a long time , especially at the local level, it will be disastrous fifty years from now, as the Republic finally explodes. Never forget Rudi :"Crises come later than you expected and happens faster than you thought".
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To a Trump voter it means "He is smart enough not to pay his bills! Wish i was like him!"
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Cemetaries are, by definition, stable, immobile and local. I have never visited the graves of my grand-parents ,two of which I never knew. I barely remember where they are. All grand-children have moved out long ago. This is an obverse side of urbanisation and geo-socio-economic mobility. Like pensions funds aod OAP replacing family care, maybe,indeed , will we move to socialisation of care of the dead, as we are doing to the care of the living. One day, I hope, we will have socialzed housing to facilitate labor mobility and prevent tying people to their home. We will at long last estsblish a regime where the main capital is the human capital of the living...
Toggle Commented Oct 31, 2016 on A Grave Problem at Worthwhile Canadian Initiative
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Those who favor an open border suffer from fallacy of composition and a forgetting of ceteris paribus. Letting a thousand people (or even one hundred thousand) is definitively differant than letting one million. The few can adapt and use the preexisting level of physical and social infrastructure. The many overwhelm it. They are not bad persons, just too numerous. 5 millions caboclos moving into Rio de Janeiro doesn't make 5 millions more middle-class cariocas. Just a struggling favelas. 100K caboclos could make it in Canada. 10 millions would simply turn Canada's big cities into third-world urban nightmares.
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Frances:And honestly, if you were being interviewed for a court position, and they asked you about your experience in English, and you said "I watch CBC news every night" how far do you think you'd get?" Nowhere. Though if you are asked what's your knowledge of french and you answer "None", it leads you to the Supreme Court. Avon:I was under the impression that in Canada english and french are local languages. One could get rid of the problem by letting us go but when we try, we are told"We love you and if you leave, we will kill you". I'd rather go to the US than the ROC. In both places I am a foreigner. At least in the US, I am a valued foreign customer if only for my money. In the ROC, not always but often enough , I am reminded that I am a (ah no, I won't use these words, just that not that long ago we were told to "speak white"). As for english being a "world language", God will it be fun 30 years from now when you will a have a chinese foreman...I think I will happily learn mandarin just to join the fun. Anyway, it would be far more honest if the Parliament were to vote to abolish french, cancel my citizenship and declare my living area a reserve for savages. At least "Little Bateesse" would be spared the paternalist lectures... http://www.poemhunter.com/poem/little-bateese/ I just canceled a couple of paragraphs. I am too tired. It's not easy living in a country where your cocitizens wish you didn't exist.
Toggle Commented Oct 21, 2016 on A Supreme Folly at Worthwhile Canadian Initiative
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He has the support of those 40% who have no 1-4 abilities and don't even know what they are.
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