Mike's Daily Comment

When Did Success Become a Bad Thing?

In order to lead you know longer have to be smart, or industrious or even successful. Those old measurements of success are now denigrated in favour of a deep reservoir of caring. Talk is far more valued than action, and nowhere is it worse than in the public sector where there are no measurements of success.

….related from Michael: It’s Outrageous When You Think About It!

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It’s Not The Money…It’s The Problems

 

The political class says that income inequality is the greatest challenge of our time. Michael says they’ve got that upside down, that the talk of income inequality doesn’t feed a single person, or workable solutions in any way!

….related from Michael: The Road To Success Will Not Follow The Same Policies

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Why The BOC Didn’t Raise Rates Yesterday

 

The Bank of Canada decided not to raise interest rates yesterday. One of the main reasons is they want to see the market’s reaction to the new mortgage rules which includes a stress test. The stress test coming this January 1st determines whether you can pay a mortgage that is 2% higher than the current posted interest rate. But don’t be fooled…..

….related from Mike and Ozzie Jurock: Uh Oh – Government’s Manipulated Real Estate Market

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Free Trade Fumbles

Its shocking that Union elites in the BCTF who are in charge of teaching our children have so little respect for research and instead opt for completely outdated ideaology. A recent World Bank reports says that countries that have the greatest trade freedom have higher per capita incomes, greater food security and cleaner environments. Wouldn’t it be preferable if Teachers taught those kind of facts instead of ideology?

….related from Michael: BC Message to Investors “Don’t Invest In BC”

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The Road To Success Will Not Follow The Same Policies

 

Its not progressive to push the same policies for the 3 or 4 decades, especially those in economics and finance that haven’t worked at all. More taxation, more bureaucracy, more regulation has been a failure everywhere its been tried.

….also from Michael: An Environmentally Unfriendly Bitcoin Shocking Stat

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