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Mike's Daily Comment

Trump's Success

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on Wednesday, 09 November 2016 09:16

Trump is just the latest chapter in the rise of the anti-establishment movement around the world. Think of it, every major newspaper opposed Trump, and zillions of dollars were spent to oppose him. Yet he still won convincingly.

...also: They Say That Politics Makes Strange Bedfellows ... But This Is Ridiculous

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Mike's Daily Comment

They Say That Politics Makes Strange Bedfellows ... But This Is Ridiculous

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on Tuesday, 08 November 2016 07:46

The FBI's decisioin not to indict Hillary Clinton had them high fiving on Wall Street right along side America's progressive left. Who would have thought it - Billionaires and Bernie's socialists hand in hand.  

....also from Michael: A Big Step Backwards

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Mike's Daily Comment

A Big Step Backwards

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on Monday, 07 November 2016 07:48

Justin Trudeau promised to repeal the First Nations Transparency Act. That Act has has now been repealed, and we can expect the 32nd report by the Auditor General revealing questionable spending on Native Reserves. This time though, Natives are standing up and demanding a forensic audit of the wasteful spending and the huge salaries of Band Chiefs. 

...Michael's Saturday Editorial: The One Great Big Lesson From This Week's Economic Update

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Mike's Daily Comment

A Pat On the Back For Prime Minister Trudeau

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on Friday, 04 November 2016 06:32

...for completing the EU trade negotiations. Interesting to note that there has not been much of a backlash from anti-free trade groups. Just the same we still don't have free trade in Canada, just wait until you hear how much tariffs cost the Canadian economy each year. Hint, its a big number.

..also from Michael: Quote of the Week - Great Insight From Isaac Asimov

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Mike's Daily Comment

Upcoming: 5 Dismal Years of Canadian Growth

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on Thursday, 03 November 2016 06:49

Deficits as far as the eye can see, from 25 billion forecasted to 135 billion. The key is, that despite all the extra spending there is no evidence the government spending has produced any significant economic growth. So what's next....

Mid-Week Update: Debt Up Real Estate Down Economy a Nail Biter

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Mike's Daily Comment

Fiscal Update: Canada is Doing Better Than Italians

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on Wednesday, 02 November 2016 07:21

Now that is damning with faint praise. Meanwhile government blows 135 million supporting talk shows. Perhaps there is a connection between economic underperformance and government intervention in so much of the economy? Talk shows? Brace yourself Canadians for the next round of "infrastructure spending".

...also, Michael on: Millennials Are Economically & Financially Illiterate...

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Mike's Daily Comment

Millennials Are Economically & Financially Illiterate...

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on Tuesday, 01 November 2016 06:38

......and that suits the present political elite just fine. It's allowed them to slip through the new CHMC mortage rules that will effect affordability dramatically. Then there's the "enhanced" Canada Pension Plan. Very very few understand the financial obligations our Millennials are set to shoulder. Infrastructure spending...again, its the millennials who'll pay for that. For the political realm its really just fine there's no rioting in the streets.....yet.

...also from Michael: Do Government's Really Want Affordable Housing?

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