Monthly archive September, 2013
Israel Warns the World about Iran
Don’t be fooled by Iran, PM Netanyahu of Israel warns as the world may be ready to forgive and forget as the leadership of Tehran is using conciliatory gestures as a smoke screen to conceal its’ true intention of creating a nuclear bomb. Could it also be the fact that the USA failure to act...
Italian Politics become the Center of Attention Once Again
It is clear the uncertainty in Italian politics is raising anxiety levels. The rest of Europe is catching that cold too (especially Greece and Spain). What happens next, various scenarios are possible, and market reactions could see the fall of the government. On Saturday, Berlusconi called for the resignation of the ministers of his party...
Autumn a Traditional Time For Family Unity Through Food
Autumn is a traditional time when we preserve the foods that have become part of our being. The processes have evolved with technology. Gas burners replace the nonnas’ stoking fires to ensure the jars seal and the cantina is restocked. Last year a cousin introduced me to the preservation of chilli peppers. The taste for...
Consumer Sentiment Plunges to a 5 Month Low Debt Ceiling Debate will be the Rage in October
Consumer confidence among consumers declined in September to a five-month low. University of Michigan’s final index of sentiment decreased to 77.5 from an August reading of 82.1. This paints a picture of a consumer increasingly affected by rising rates and soaring gas prices amid stagnant incomes. This is a significant risk to the downside for...
The Calm before the Storm 09 27 2013
Last week the Federal Reserve came out with a statement that they would not taper the $85 Billion purchase of toxic assets any time soon due to prolonged weak economic fundamentals. Commodities soared, the equities exploded higher as liquidity would remain. Then the next day water was splashed on the fire and hell froze over...
As Citizens are we as safe as we think?
Yesterday I took the subway to home as I normally do. I was reading the paper and a distinguished man in a suit sat directly in front of me. As the train continued its’ run northbound a huge black man wearing army fatigues walked briskly through the center aisle. He was like the black version...
Canadian Telecoms Fear Monger to Maintain Control
A few weeks ago many in the Telecom Industry came to rally in Toronto denouncing the entrance of Verizon a Foreign Telecom giant into the Canadian Market. Unions rallying with the support of the Big (3) Rogers, Bell and Telus were claiming that many jobs would be lost and their pensions would be in jeopardy.Then...
Markets Await President Obama Speech
With a potential resolution to avert military action by the Americans the value of commodities have pulled back prior to President Obama speech this evening. As Oil, Gold and Silver advanced on the possibility of War, the Russians have proposed that the Syrian Assad Government hand over all their biological weapons and give President Obama...
President Obama in a Difficult Position on Syria
“Words”, oh how they can come back and bite you. In the case of President Obama his proclamation of drawing a line in the sand in regards to the use of chemical weapons on civilians, put him on the path to act decisively. Assuming it was the Syrian Government that supposedly used these weapons on...
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