Author: Richard

Canadian banks are in the news again… Royal Bank subpoenaed in LIBOR probeSix Canadian banks on review for Moody’s downgradeCanadian banks snapping up consumer loans The last entry there is by far the most interesting, when placed in context with the other two: So to keep their loan books getting

I came across a great article last night on the long term outlook for Generation Y. I really must suggest you all give it a read, however I feel that the author stops short of describing the true situation. The authors make a good case and comprehensive summary of the

Earlier in the week the U.S.’s bursting shale Oil industry made headlines worldwide announcing that the U.S. is set to become the world’s top producer of oil and now on the heels of that announcement, Utah has approved the first oilsands operation in the U.S.. Yes, so the U.S. is

So the Globe and Mail has just put up a new paywall which has been a growing trend amongst news outlets in the last few years. I remember back in the 90s a common question during small talk was “The Sun or The Journal?”, most people here in my hometown

Today’s Bank of Canada announcement has apparently caught many of the “experts” by surprise. I’m not sure why it’s surprising, nothing has changed and therefore nothing has changed. Alongside the Bank of Canada’s underwhelming announcement comes a few reports showing the true state of the Canadian economy. The bank of

So, would you mind if I take a moment for myself? Being a simple blogger and amateur trend forecaster, all I really have to provide you any reason to continue reading this blog and my take on current trends about Canadian and World events is to have some sort of

Here we go again, another omnibus budget bill. The second portion of the implementation of the 2012 budget. I never finished my analysis of the budget, because the situation we find ourselves in changes much faster than I can possibly analyze a massive document such as that. Not that my

Oh, Daryl Katz, you never let me down with your shenanigans. Today the Katz Group was absent from the latest round of public discussion on the arena and as I sit back and think about the evolution of this negotiation I just have to laugh. Hey! Remember when the narrative

Canada’s real economic situation is becoming quite apparent. Alberta’s deficit situation is looking grim, and household debt is ‘worse than expected‘. The general outlook of Canada’s economy is quickly turning. Today in response to some of the news posts I put out on Twitter, someone replied: then if people stop

I have a lot of commentary about things I’m currently seeing: news articles, statements, opinions. Events are moving really fast now, and it’s hella confusing – don’t ya think? Let’s start with the United States. Yes, their unemployment rate dropped to 7.8%, below an over-hyped and probably already doctored floor

Just came across this – what do you think? Edit: After poking around it seems this video is not properly named. The meeting likely took place with a group known as Neturei Karta.

I’ve just finished reading an interesting article from Mother Jones which could constitute as an argument against my post on Obama’s speech. Since I haven’t received any other arguments besides “.. but.. but IEDs!”, this article will have to suffice as a counter-point. In this article, the author essentially makes

Faced with deficit, Alberta Premier banks on rebounding oil prices  What gets a gambler hooked? Is it a constant wave of losses? or that one big win? Most addicted to gambling will probably tell you that it’s the one big win which makes you believe another big win is around

Alright, I’m calm. Just needed a breather. Let’s continue. If you haven’t yet, you can read Part 1 here. That is what we saw play out the last two weeks, as a crude and disgusting video sparked outrage throughout the Muslim world. I have made it clear that the United

I’m giving fair warning to partisan leftists reading this post now, you will not like what I have to say here. However, before I get into the meat and potatoes, I want to give some back story. I, like many, fell for the Obama hoax. I truly believed in the

Today Spanish protestors marched on their parliament in response to the brutal austerity policies being set. Here are some photos from the livestream: A flare is thrown into the street. Wider angle shot of the area. Police move in quick to arrest a demonstrator. A scuffle breaks out. Police attempt

The Quebec student protests are seemingly over, for now. The conclusion of the Quebec election and the repealing of the tuition hike have everyone declaring the students won. Now, surely, they will be happy right? However, much to everyone’s surprise the students have returned (in smaller numbers) to make a

This is my fourth post today and I wanted to stop writing. I can’t, there is a flood of issues which I feel compelled to comment on. Next up: Two-tier wage scales on the increase in Canada Before continuing, see if you can spot the double-think. Your left brain says:

I hate writing posts about the stupid arena. I love my hometown, I moderately enjoy the Oilers – I certainly don’t want them to leave. At the same time however, one can’t help but recall Edmonton’s shaky financial past with this team. Twitter is all a flutter with the news,

In an interview with Richard Stallman about the new digital age of media on the Keiser Report. Stallman argues that (and I am paraphrasing here) when a new technology is introduced it provides an opportunity for freedoms regarding this technology to be taken, or laws to change because it is