— Feature, Musings —03.27.2020 08:40 AM
By popular demand: the new Kinsellian Political Rules™️
The first set can be seen here.
Here’s the new ones. These rules apply whether you’re stuck in a pandemic or not.
You’re welcome.
— Feature, Musings —03.27.2020 08:40 AM
The first set can be seen here.
Here’s the new ones. These rules apply whether you’re stuck in a pandemic or not.
You’re welcome.
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Sage words. I always thought rule one was never be photographed eating hand foods…hot dogs, bananas, ice cream cones, etc….but I see that you have included it in the catchall(no pun intended) number eight on your first list An addendum to number eight: No playing catch with balls of any kind. I call it the Rt. Hon. Robert Stanfield rule.
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I liked the first ones better.
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Meanwhile, Poloz cuts the Bank’s policy rate to 0.25%, which means the next cut brings us to negative interest rates. That will put Canada onto the economic road to ruination.
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Poloz isn’t taking the long game.
Neither is Trudeau: livin’ for the next headline.
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Douglas,
Some people think the 20% gain is the bottom and end of the bear cycle. Of course, they’re wrong. The Great Depression had five bear-market rallies, only culminating in 1933 when the final one started a slow and gradual uptrend. People buying classic stocks now are about to get killed.
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The last man standing is the American dollar and it’s weakening. In a strong economy, central banks have to raise rates to control inflation. In a weak one, they serially cut interest rates as they are doing now, which keeps us in a deflationary environment. Trouble is that the more they cut rates, or go negative, the greater it sinks the U.S. dollar and its value. That’s how fiat money (paper currency) become close to or net worthless. That produces rapidly rising inflation beyond 2-3%, starting with price inflation, thereby forcing central banks to raise rates during a recession or depression and that positively ruins an economy. In other words, you become the next Venezuela.
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What do you mean by “Don’t fall in love with the meat”. Is that a reference to staffers as “meat” or campaign food?
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Most of these points are excellent for leaders in general, even beyond politics. Thanks for sharing this wisdom! Nice.
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Those are great. Here are three more from TVO:
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The recipe for speedy passage of emergency legislation is pretty simple: (1) put in a bill only the measures you absolutely need to execute your plan, and (2) put absolutely nothing in a bill that will force the opposition to say no.
It shouldn’t be necessary to add (3), but: Don’t try to eviscerate Canada’s parliamentary constitution. ”
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Justin Trudeau failed all three…
(Nancy Pelolsi, only the first two)
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Fred,
Pork is always bipartisan:
https://www.politico.com/news/2020/03/26/stimulus-coronavirus-special-deals-151108
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I find #6 interesting, whataboutism won’t save you. Because whataboutism is absolutely one of the favourite rhetorical tactics of the American alt-right and Trump supporters: but but Hillary. Where are her emails? 3 years on and counting.