Monthly archive October, 2013

Trick or Treat?

In the last few weeks I seem to have had an out of body experience. Having elevated blood pressure and a bout of gout, things need to change quick…or else. It started when my youngest left her new Apple phone in a Swiss Chalet restroom. Shortly after we left, we returned and the phone was...

Gold and Euro fall on Central Bank Bets

The euro weakened the most in six months vs. the USD$, as inflation in the region slowed more than forecast and improving U.S. economic data fueled speculation the Federal Reserve will taper stimulus in coming months. Treasuries and gold fell. Inflation in the euro region slowed to a four-year low of 0.7 percent and unemployment...

US Jobless Claims Drop 10,000 to 340,000; Harper PM Forever?

The number of Americans filing for unemployment benefits fell for the third week in a row, but claims are still above end-of-summer levels even though California said it fixed computer problems that kept thousands of applications in limbo. “The good news is that businesses aren’t slashing jobs at a troublesome rate,”  “The bad news is...

When is Enough, Enough?

When is enough, enough? Finally Ontarians found out the actual cost of the cancellation of gas plants will be, over $1.1 Billion. Electricity bills will reflect this cost for years to come because the Liberals needed to maintain their grip on power with absolute and total disregard for the welfare of our Province. Their actions...

Stalemate in DC Budget a Concern

American Civil Servants are being asked not to report to work as the budget process is being held hostage. The Republicans and Tea Party want to reduce or eliminate Obamacare in order to compromise and increase the debt ceiling. But Obamacare, will be the Presidents legacy. In the land of milk and honey the majority...

Obama Nominates Yellen as Replacement for Ben Bernake;

President Barack Obama on Wednesday nominated Janet Yellen to succeed Ben Bernanke as chairwoman of the Federal Reserve, elevating a woman to the top post for the first time in the central bank’s 100-year history. In a brief statement, Obama urged the Senate to act swiftly to confirm her “given the urgent economic challenges facing...