Economic Excess

Mar 3, 09
Jaw dropping aberrations from capitalist norms have inundated the pysche of politicians, regulators, and market analysts alike whom have been examining economic excess. Who would have thought – other than legendary Richard Russel (founder of Dow Theory) that the indexes would see these levels today? On second thought, I guess that Ian Gordon has been talking this up for a good while along with Jim Willie and Doug Casey. I know – good chance you’ve never heard of them because they were all considered unworthy of attention due to some screws being loose. Funny what unfolds away from the fold. The only mantra that hasn’t yet come to fruition for these mavericks of market musings is skyrocketing junior gold share prices and consistent four figure bullion. Obviously still a developing story.

Fearless Youth at The Aussie Open

Jan 24, 2009
Occasionally you stumble acrose moments of athletic genius upon channel surfing late into the evening. TSN puts on its top ten hightlights of the night which oftentimes gives reason to pause. However; tonight the last half of the deciding set between Alize Cornet and Dinara Safina in the round of sixteen down under was raucous. With the favourite Safina down 5-2 and two breaks of serve, she came screaming back like a ferocious tiger. In no way shape or form did the nineteen year old Cornet wilt with fatigue because her ground strokes were matching in heaving power and topspin. The kid just out of juniors was simply the target of a rejuvenated Safina destined to step through to the finals and ultimately into the number one world ranking. We’ll see how things wind up with the rest of the draw.

In The Shadow of Others’ Dreams

Feb 3, 2008
Today at 6:30 pm EST, tens of millions from around the world will tune into watch men thrust themselves at each other at what’s called the “line of scrimmage”. It’s a place where two teams of 5-7 people exert physical pressure at this notional line with the goal of assisting the advancement of a ball carrier or defending against him. Nothwithstanding interceptions or fumbles, it’s a struggle where ball control and time of possession and the ability to convert field position into “touchdowns” can lead to victory. Meanwhile, the lives of desperate souls looking for meaning in an otherwise mundane world of shift work and routine throw their spirits into something that will mean nothing to them on the Monday after. Humankind’s ability to foster faith and hope in a sporting event where oftentimes none exists in a professional life is something to behold. A culture void of substance at the community level appears readily eager to become enraptured in the circus of a media driven football game heavily interrupted with station breaks. Theses commercials are carefully crafted with the aim of pilfering the pockets of beer chuggling men whose minds may be absent from concrete goals or aspirations but if fulfilled could someday put them on a similar centre stage.

Go West Young Man

Nov 2, 2007
I woke up this morning to a Canadian dollar, jobless rate, oil price, and gold price that have all flirted with all time records. The pace of Canadian currency ascent has absolutely shocked all. Recruiters are holding seminars in Toronto encouraging folks hit by the manufacturing sector to jump on the commodity boom and go west while shoppers boycott stores reluctant to match U.S prices. Suddenly, Canada is becoming something more of an economic footnote with expertise, capital markets, and reserves of energy and materials available for exploitation. Governments appear prudent and reliable notwithstanding some peculiar posturing on non-economic matters. Indeed, it’s a different kind of environment from the recession of 81-82 (my senior high school year). Young workers are walking from job to job nowadays with ever increasing rates of pay in the industrial parks of Calgary. Brand new commercial condo bays are under development in the vast city outskirts as are office towers downtown (twelve in all). Good luck finding parking in the cities’ core. Apparently, it’s among the richest parking spaces in North America. Last week’s news of a royalty rate increase in the oil patch is all but forgotten in lieu of awe inspiring economic indicators.

Hard Done By Auto Workers

Oct 6, 2007

Amaaazing. Oshawa couple are stunned that they are going to be losing their $70,000 per year jobs at the GM plant. Yes each. $70,000 each for unskilled assembly line labor work. How often have the smothering legacy costs of GM been reported in the financial news over the past two years? Too many to count on fingers and toes for certain but all of a sudden the McAuliffe’s are surprsised. Trish says, “but when you have based your life and your plans on having a certain income, it feels like the rug has been pulled out from under you.” Well, earth to Trish – we live in a global economy where capitalism has won out. You probably should have started retraining twenty years ago with the launch of the NAFTA free trade deal. Consider yourself lucky that your overpaid menial work has lasted this long. I suggest that you stand up straight, look into the mirror and start taking responsibility for your families welfare in the context of the global economic reality instead of laying blame at the feet of some entity that you thought was going to look after you throughout your adult years. Countries outside North America have simply done a better job at building cars more efficiently, more cost effectively, and with more sensitivity to the market place. Guess what Trish – capitalism produces winners and losers. GM is losing and must make decisions to adjust back to the winners circle. Had you spent some time and energy observing the trends in your industry, you may have forecasted your plight. It is people in your precise demographic that don’t seem to have enough “time” to examine a home business. Well perhaps, now you are better positioned. Unfortunately, you could have transitioned yourself nicely while still in the employ of GM.

Quiet Life of Desperation

Aug 30, 2007

Was out for a run this morning before sunrise and was shocked to see the major arteries filling with cars at such an early hour. Thankfully, my inspiration and guding light has paved the path of self determination instead of a quiet life of desperation. An associate and I were exchanging thoughts last night and she confirmed the depth of fear that she has been encountering in the lives of people holding jobs. Upon concurring with her assessment, I am comfortable exclaiming that for most, the prospect of plunging into a commitment based on resolve of the self in the spirit of ultimate entrepreneurial expression is too much of an undertaking. Most people have not brought themselves to the threshold of demanding change. Excuses have often worked so well over time that they continue to be a good crutch.

“If you are an employee and feel out of control, consider what you can do on a part-time basis (ie. start a part-time business) to change that. You will be amazed at how quickly your confidence increases, just from feeling more in control of your life.”

– Donald Trump –

Our Longest Days

June 24, 2007

June is my favorite month because of the late sunset and the emergence of female mid riffs not to mention our longest days. I can loiter around the tennis court with acquaintances made while looking for hitting partners. It’s refreshing learning about the lives of new people. The paved trails have been groomed for blading, and the driving range fills with hopefuls that the swing will be better this year. People seem to reach out a bit more in the spring. Vacation planning hits full stride with families more engaged as school winds down. The soccer pitch behind my home is abuzz with cheers of triumph.

June is also a time where we look forward to the Stampede here in Calgary (1st week in July). There are many cynics that observe the “Greatest Outdoor Show on Earth” as over commercialized and too expensive. Well. I suppose another source of income would help! The events are very well organized and few details are left amiss. It is a time when the whole city likes to spend and celebrate.

Rockets Red Glare

June 11, 2007

Well the Albanians love George Bush and ya can bet it’s not ’cause of his personality. This is a nation that has struggled asserting its autonomy and sees George Bush as a symbol of freedom and hope. The nightly news is a huge reminder of the privilege bestowed upon us first world democratic citizens. It hurts me on a daily basis to witness hopeless souls trade time for money in low paying jobs without deploying the seeds of capitalism as a tool to improve their lives. Internet and e-commerce is now available to the masses. The cost of entry has now declined to the point where the capital risk component has been eliminated. If you are reading this message now, I encourage you to get informed. If you are not a professional, a traditional business owner burdened with a large capital outlay, a tradesman stuck in the bush, or independently wealth, then please do some reading on the growth of e-commerce and non-traditional business. A great place to start would be to listen to the video on my page. This man has a message for you.

Busted Out

June 2, 2007

The sly poker players realize that they’ll bust out many more times than make trips to the final table. Family, friends, and associates will look upon them as operating with a few loose screws but the brave soldiers on fully cognizant that with practice comes experience and ultimately an adjustment in conditioning and ultimately success. However; the stubborn seldom succeed. The conditioned response must remain pliable and accepting of the cards that are dealt. In fact the inkling affinity of some conspiracy against success must evaporate from any hint of operation in the subconscious mind for the cards to start falling in favor. Such is often the way in life.

I met a smart 23 year old young man in a line up today. Upon learning that he was working in production for a steel fabrication company, I was surprised given that he had the look of a college preppie. Good on him to exploit a red hot economy right now while his friends spend the big bucks on tuition. I was impressed by his open mind. Youth have no fear because they’ve had fewer hands to play but are keen to engage in a heads up confrontation. Fold’em or raise, most winners take stabs at the pot.

Little Bit of Eustress

May 21, 2007

Learned this term Eustress in “Growth and Development” class in university. Was reminded of it on a conference call a few months back and again today upon leafing through one of my fave’s by Mandino.

“All too often we humans indulge in the cowardice of being too ‘careful’, selling out for a promise of security. And we get cheated. You’ve ssen it. The futility of using ones job as a place to hide. It’s futile to live for some future time when things will be different, believing that as soon as ‘I’m older,’ richer,’ ‘more educated,’ (or in a more sophisticated vein: ‘when I finish my therapy’) then all will be well ….dream on, for these are but futile delusions.”

– Og Mandino

The thoughts you processed today are enormous and they make up your identity which oftentimes goes unpublished and open to constant editing. The filter is mostly set to high and Og claims that you “insure yourself against danger.” Indeed, we’ve been conditioned to hold back in a fashion confined to society’s norms but have we not taken this lesson too far by repressing our inner most sanctum which reflects our true identity? Since when has the liberty police imposed sanctions against your free will to act passionately in a way that serves yourself and your fellow man? Speak up and be heard my friends.

“The pilgrims and the people with Columbus didn’t board up on three ships and come to America to get a job.” – Severn