A tip o' the hat to the ever clever Honshui for sending me
this link to an animation about the national identity cards being proposed for Great Britain.
Friday, July 15, 2005
Wednesday, July 13, 2005
CBC News: Harper stands by embattled MP
CBC News: Harper stands by embattled MP: "'I don't cut people loose because there are accusations against someone. I'd only do that if they did something wrong.'"
Why, oh why, do all these politicians think that we have no memory? Or access to a search engine? Do we remeber the moral authority comment? That whole page is chock-a-block with irony.
Does anyone here remember that I said "it is just as important to avoid the appearance of impropriety as it is to be guilty of impropriety." Why can't Harper figure this out for himself? Why are the high and mighty so quick to be hoisted by their own petards?
And don't bother giving me the "the Liberals are just as bad/are worse" argument. I have no love for either party. I just love the hypocrisy. Plus, we would have to get into the Lyin' Brian debate and then head all the way back to the CPR scandal. At which point Honshui would complain that Tommy Douglas never laid a metre of rail, but is considered the Father of the Railroad by all the Eastern Canadian toadies.
Why, oh why, do all these politicians think that we have no memory? Or access to a search engine? Do we remeber the moral authority comment? That whole page is chock-a-block with irony.
Does anyone here remember that I said "it is just as important to avoid the appearance of impropriety as it is to be guilty of impropriety." Why can't Harper figure this out for himself? Why are the high and mighty so quick to be hoisted by their own petards?
And don't bother giving me the "the Liberals are just as bad/are worse" argument. I have no love for either party. I just love the hypocrisy. Plus, we would have to get into the Lyin' Brian debate and then head all the way back to the CPR scandal. At which point Honshui would complain that Tommy Douglas never laid a metre of rail, but is considered the Father of the Railroad by all the Eastern Canadian toadies.
Monday, July 11, 2005
Rum and Monkey: Article: Exciting Ways To Pass Time In Meetings by Owen Goodyear
I find so little on the internet funny, but something about these guys makes me (and only me) spit milk out my nose.
Exciting Ways To Pass Time In Meetings by Owen Goodyear.
Exciting Ways To Pass Time In Meetings by Owen Goodyear.
Rum and Monkey
I don't really know what the Rum and Monkey site is all about. And I didn't really take a lot of time to read it. But it is worth a read, as it is really, really, funny.
Sunday, July 10, 2005
Housing Bubbles
Honshui sent me this pience on housing bubbles.
From Honshui
For an interesting perspective on the real estate bubble of the last 5 years, the Economist ran an interesting story. The scenario they describe is similar to what happened to trigger the great depression of the 1930s when the US raised interest rates to cool off a stock market bubble. The US has started raising interest rates and as the article shows, when the UK and Australia did this recently, it deflated the bubble pretty quick.
The hard part about selling now is that you still need to move somewhere and it may be costly to try to arbitrage during this bubble. If the Economist article is correct, and if this is a bubble, you should be able to find a place to rent for very little and park your money from the house sale until the prices come down at which time you buy a mansion for a low price. The real danger comes from having taken the “equity” from the last five years out of the house by taking on a larger mortgage (backed by the higher market prices). I guess the way to think of the housing bubble is that it is like Bre-X only bigger.
From Honshui
For an interesting perspective on the real estate bubble of the last 5 years, the Economist ran an interesting story. The scenario they describe is similar to what happened to trigger the great depression of the 1930s when the US raised interest rates to cool off a stock market bubble. The US has started raising interest rates and as the article shows, when the UK and Australia did this recently, it deflated the bubble pretty quick.
The hard part about selling now is that you still need to move somewhere and it may be costly to try to arbitrage during this bubble. If the Economist article is correct, and if this is a bubble, you should be able to find a place to rent for very little and park your money from the house sale until the prices come down at which time you buy a mansion for a low price. The real danger comes from having taken the “equity” from the last five years out of the house by taking on a larger mortgage (backed by the higher market prices). I guess the way to think of the housing bubble is that it is like Bre-X only bigger.
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