Nobody wants to pay tax. I sure as heck don’t. Taxes though, like death, are something you can’t avoid. The challenge for society is how to tax fairly. Doctrines can be voted on and discussed, but the status quo is that we Canadians, whether at Federal, Provincial, or Municipal levelsContinue Reading
L I N K It’s a good day to go cross border shopping as our Canadian Loonie is buying more in the US. The Loonie is almost on par withe the US dollar. Fueled by high oil prices and a declining US dollar the high loonie hurts employment inContinue Reading
Last time I stepped into Pommier Jewellers here in Cornwall the store was packed with happy shoppers. Is the high price of gold causing you to buy or sell? Gold hit $1070.80 US in London yesterday, a new world record. I always get nervous when a stock or financial deviceContinue Reading
Real Estate listings in several area cities such as Ottawa and locally in Cornwall have prices inching upwards, especially while interest rates are so low, are sparking questions where to put your money safely? The Stock Market isn’t for everyone, and I personally, like some of you, are not bigContinue Reading
L I N K The banks stand to lose a few hundred million dollars per year in profits from the new Credit card rules being implemented, most as of January 1. Many say the new laws aren’t stringent enough, but this is a good start. “The regulations had been inContinue Reading
I’ve always felt that the stock market has been a basic game of 3 card monte. You can “guess” right, but you have no real control of how it can go. The market can defy logic at times, and that usually is because what the average consumer knows is aContinue Reading
I read this amazing story in the Globe and Mail this week. L I N K It was written by Rose Simpson about the life she and her husband are living after losing their once large income and fighting the realities of our times. Click the link above to readContinue Reading
I hate populist gut reaction politics. This whole Buy American thing in response to the recession is just plain silly and in some cases spites the nose the feeds the something or other….. L I N K “There are some real downsides to Buy American,” Brady said in an interview.Continue Reading
Here is a list of interesting bits from the news as I am hearing a lot of people over enthusiastic about the economy recovering. While we do have things a bit better in Canada than in the US or other parts of the world the recession is still there andContinue Reading
This is such an interesting case philosophically speaking. People are sentenced to less time for murder than for stealing money. Was it the crime or who the victims were and the publicity of this case that drew such a penalty? L I N K “He stole from theContinue Reading
I’ve been asked that a few times now; about how we can run The Cornwall Free News. Well right now it’s a labour of love. You plant a seed, nurture it; and hopefully one day it’ll sprout some fruit. A lot of people have helped and spend their time soContinue Reading
Yes, while Rome burns around us there is a core of Money people that predicted the current crisis and have made a whack of dough. L I N K Alpha Magazine’s 2008 Top Moneymakers 1 – James Simons, Renaissance Technologies Corp, $2.5 billion 2 – John Paulson, PaulsonContinue Reading
Montreal GM and head coach Bob Gainey’s breathing better tonight as the Habs, led by Alex Tanguay’s 5 point night thrashed Atlanta. Alex Kovalev crept out of the dog house and put two goals in the night. The Habs were outshot 25-22 and Carey Price recorded a rare win forContinue Reading
L I N K I never ate there. It seemed too gimmicky to me. I like a good steak, but heck, they eat Kangaroo in Australia…not sure they know much about good old fashioned Canadian Grade AAA Beef 😉 The company is um, erm, trying to figure out what toContinue Reading
LINK Beware the Ides of March. The Stock Market has been shooting up this week. Is it a true rally or simply big money driving the Market up before allowing it to collapse further? While stocks have fallen dramatically and there have been a few good buys overall I thinkContinue Reading
Just like in the Great Depression people are going to the movies to forget their troubles. LINK Back-to-back-to-back all-time monthly records and almost $2.6 billion in the bank by March 31 would be further proof that the movie business is recession proof. In fact, the more dreary the economic newsContinue Reading
There should be some even better deals on cars coming down the pike. Just click the photo and look at some of the photos of cars sitting waiting to be sold.Continue Reading
LINK “Tax cuts are great if you still have your job, but if you’re one of the 400,000 people in manufacturing who have lost your job, tax cuts aren’t going to help very much.” Mulcair said Can’t argue with Thomas Mulcair on that one. Frankly I’m fed up of theContinue Reading