/…These days it`s hard to figure out whether anybody knows anything!
Last week, Toronto weather forecasters were wrong five of six days and not just slightly wrong, huge.
Rain was predicted all five days and the rain did not come, nor did the thunderstorms they predicted.
Those of us who plan weekends based on the predictions of the forecasters were told the weekend would be a drencher, so, many hopeful campers, picnickers, motorcycle enthusiasts, etc., made other plans.
The weekend weather was everything you hope for if you`re a camper etc, sunny, hot, in a word summerlicious.
Many believe the accuracy of weather forecasters has deteriorated markedly since they started using computer models!!
/…Headline in the Toronto Star, Saturday July 16th, “HOUSING DOWNTURN AHEAD,”–leading economists were quoted, along with
Canada’s five major banks.
Headline in the Toronto Star, Wednesday, August 17th, “EAGER BUYERS KEEP HOUSING HOT,” real estate experts gave their reasons.
Most readers would have preferred to hear from the economists and the pooh-bahs from the five major banks-were they misquoted
mis-informed, missing their weegee boards or just plain mistaken about the ‘housing downturn.” One of our problems as consumers is having to
decide what is fact and what is fiction because media keep passing off speculation as fact.
Sometimes the messenger should be drawn and quartered.
/…This month we were hailing another potential cancer breakthru! By genetically reprogramming immune systems, three men were said to have
been cured of late stage leukemia. According to a pair of studies published at the same time in two prominent journals, the technique transforms
blood-borne T-Cells into “serial killers that hunt down and obliterate cancer cells leaving healthy tissue unharmed.
A day earlier the Wall Street Journal darkly reported that “mistakes in scientific studies surge.” The WSJ noted that since 2001 the number
of papers published in research journals has risen 44%, while their number retracted has escalated more than 15 fold.
For instance,there were 87 retractions relating to medicine between 2001 and 2005. Between 2006 and 2010-436.
Even worse the time lag between published studies and retractions is growing. From slightly more than 5 months in 2000 to almost 32 months
in 2009. The problem goes even deeper. As the WSJ put it there was a ‘wow’ reaction to a published paper in 2003 announcing that
two popular high blood pressure drugs were found to be much better in combination than either alone! Based on that study doctors changed
their prescriptions and patients were put on the touted combination. Unfortunately, it wasn’t true!
Six and a half years later, the prestigious medical journal LANCET retracted the paper citing “serious concerns,” about the findings.
Too late!! The damage was more than collateral, it was direct. By the time the retraction found daylight 100-thousand patients had been
given the combination. Today, according the Wall Street Journal “tens of thousands” are still on the discredited dual therapy leaving them
more vulnerable to life-threatening side effects. Why the surge in papers and retractions? In many cases plain ordinary fraud.
The stakes are high–“a single paper in Lancet and you get your chair and you get your money. It’s your passport to success………………..So,
the next time you read a story or hear about about a major medical breakthrough, take it with a grain of salt-it could be subject to recall.
It’s worrisome because this dramatic increase in retractions covers many different disciplines, not just medicine. Biology, chemistry, engineering,
physics etc… Read all about it in the August 11th WSJ. It’s shocking!
/…To this point in the CFL season the Green Riders of Saskatchewan have won only one game in eight and so the coach and his offensive
co-ordinator are gone. In fact both were offensive to the devoted fans of that historic franchise. So are many of the players(offensive) but you can’t
fire the whole team. Many of that teams ardent fans are farmers and they are the first to recognize incompetence and laziness and they know
that if they ran their farms as sloppily as the Riders have been running many of their plays, the farm as a viable unit would be history.
/…whither the stock markets? Will the incredibly incompetent managers of our economic systems find a light of deliverance at the end of the tunnel,
or will it be the proverbial freight train?? Should the hoy-puloy(that’s us) hope for the best and plan for the worst. Probably!
How close are we to sackcloth and ashes? Will someone restart the engines of commerce? Will we have to start over again and actually focus
on the difference between what we think we need and what we must have to survive? So many questions, very few answers?
/…Toronto’s roly-poly mayor must be thinking, the “job is NOT QUITE AS SIMPLE as I figured .” A year ago,
Fatty Ford focused the electorate on three basic concepts, stop the gravy train, reduce the budget shortfall but not services and build subways.
Almost a year into his mandate, the Gravy train has a new conductor, the budget shortfall continues to hover between half a billion and three-quarters
of a billion with services on the endangered species list and there is no money for ill-advised subway tunnels.
Who will be asked to take the fall? The outcome remains as confusing as Who’s on first, What’s on second and I don’t know’s on third!
At least Abbott and Costello got us a laugh! A couple of days after the Mayor told one of the City Unions not to threaten him, he turns around
and threatens us with a 35% tax increase. Who in their right mind would threaten us, the taxpayers, with a 35% tax hike.
There’s more than a passing resemblance between today’s political landscape and mythology.
/…And so it would seem many of those we have talked about today are drive by the truism–
“success has a thousand fathers, failure is an orphan.”
TA from AJ
DODGING the BULLET…
2019/04/15 Leave a comment
“I want immunity from prosecution” is the rallying cry of today’s capitalist. “Give me of dose of DPA and fill my pockets with tax money collected from the hoi polloi and don’t worry about the fallout”. Today’s Media news outlets are unable to sustain interest in the most egregious skullduggery in the marketplace because they are suffering from informational ADD. Obviously, while the quotes cannot be attributed to a particular business person the meaning and sentiment of these words can be proven beyond a doubt.
Exhibit A: SNC Lavalin, a corporation that has been trying to convince its friends in the Justin Trudeau cabinet that it is deserving of a Deferred Prosecution Agreement for several reasons: (1) it employs hundreds of Canadians, (2) it doesn’t want to go to court and face bribery and corruption charges like the common crook, and (3) SNC has been a long time contributer to the Liberal campaign kitty! Surely even if the former Attorney-General Jody Wilson-Raybould couldn’t understand that, many Canadians, especially those unconcerned about the proper administration of Justice in Canada could see the validity of giving SNC, that “signature” company, a free pass. After all, “we are a Quebec company playing for Team Canada.”
And not surprising, there are many Canadians who support the idea that you should be able to buy Justice. They support the idea that you should be able to buy your way around charges of bribery, kickbacks and racketeering. They say, why should you have to face charges in a Court of Law when you can pay money and get a DPA. Certainly people break the law everyday. I mean look at the Prime Minister. He broke four campaign related laws in 2016 and the RCMP knew about it and they didn’t blink an eye. As a matter of fact, the Mounties covered up the details for 818 days, violating the Access to Information and Privacy Act in the process.
So if the Prime Minister and the Mounties can get away with this kind of lawlessness, why not SNC Lavalin? Besides this Lavagate dust-up will be long gone before the election. The Media in Canada tire easily, besides boasting some of the laziest members of this fraternity in the free world.
Exhibit B: What ever happened to the great Canadian bread price fixing scandal? When was the last time any major media members wrote a follow-up on a status of the unresolved Breadscam? It’s been about a year and would still be collecting mould if it hadn’t been for the recent news that Loblaw has happily been given 12 Million dollars to install new refrigerators in their stores as part of Mr. Trudeau’s carbon-tax scam-(another story, for another time). This story involves the Bread Price Fixing Seven!!!
But here is Loblaw, a company that led the price fixing of bread for 14 years, costing each home in this country an estimated 400 dollars, getting free money from the consumer. Did we just brush off the immorality of price-fixing? Loblaw, with 6 fellow conspirators, fixed the price on the staff of life, sometimes the only item people can afford to buy regularly. And now, from the very people Loblaws stole from, it’s getting 12-million dollars for fridges. Fridges that could very well hold other products subject to price-fixing that we will never know about. Further to the incredible thought of anyone in this country fixing the price of bread is the lack of outrage by the consumer. And what about the Media? Have they forced the Competition Bureau to finish the story? They have not and consequently the Competition Bureau has not. Silence is the best information killer.
Price fixers, if found guilty, face a 25-million dollar fine or up to 14 years in prison. To date no convicted price fixer has ever seen the inside of a Canadian jail. Will Loblaw, Weston Bakeries, Canada Bread, Sobeys, Walmart, Giant Tiger, Metro ever be brought to justice? Of course not because three years after Loblaw blew the whistle on its disgusting conspiracy to fix Bread Prices–NO Charges have been laid and Loblaw has been given immunity–which means they won’t be prosecuted! The status of this um…”INVESTIGATION” continues in the great state of, “LIMBO”. This is a great country, isn’t it? If you have scammed customers over 14 years for, say 5 or 6 million of them, you just blow the whistle on your little scam and kazzam you give the little people a 25 dollar certificate and daddy in Ottawa will ‘smile and nod.’ “Love this immunity from prosecution-thingy.”
Exhibit #C: We are told that Canada is on the short list of countries vulnerable to drug money laundering transactions. As a matter of fact we have been designated as a major money laundering country where foreign drug-trafficking gangs are exploiting weak law enforcement and soft laws! Are you kidding me? Canada? Oh yes, there is a problem with a lax approach to law enforcement with respect to companies trying to avoid bribery and kickback charges. And the failure to demand that highly placed-politician(s) answer to law breaking. In fact the Royal Canadian Mounted Police, the “national force for good” in the Country helped cover-up some law-breaking but surely that was all minor stuff. Nevertheless you know what they say–bad behavior starts at the top! An unsavory CEO usually means laxity and bad habits among the lower echelon. So I guess we shouldn’t be surprised if Canada is lumped with other International money laundering tramps like Afghanistan, The British Virgin Islands, China, Columbia and Macau. A recent report confirms crime networks, trafficking proceeds from China, could have laundered one billion dollars through the purchase of homes in Vancouver in 2016. Toronto’s real estate market has also been artificially bumped. One report says some tracking has zeroed in on more than 28 billion in opaque investments. Seems a little high but it’s probable 10% or almost 3 billion represents ill-gotten gains.
Surprised that Canada is lumped in with the worst of the worst in money-laundering? Don’t be. Most Canadian provinces fail to prosecute money laundering. The reports relating to this Canadian crime infestation make it quite clear that this country is under pressure from legitimate and illegitimate actors because the word is out, oversight in Canada is practically non-existent.
Even the Prime Minister will go to bat for you if you represent a “signature” presence in the country and you have a substantial sum to spend on his party’s re-election.
Canada is a mecca for the capitalist who craves immunity!
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