If you thought there was over exposure of all things Leafs today, you ain’t seen nothing yet.
In short order a good number people in Canada are going to become angry. There will be moments when people in Vancouver, Calgary, Edmonton, Winnipeg Montreal and Ottawa will want to put their foot through their collective TV. Mobile devices may be thrown from balconies or car windows. Some will rage at the never ending hyperbole. I bare no responsibility for creating this anger but I feel compelled to apologize simply because of where I am located geographically. My god, you’re about to live in a world where it’s all Leafs…all the time!
By now you’re aware of the unholy alliance coming together to purchase MLSE (Maple Leaf Sports & Entertainment). Two bitter rivals, Rogers and Bell, came together to purchase the Ontario Teachers’ Pension Fund stake in MLSE. Rogers and Bell purchased 37.5% each, for a cool $530 million. (more…)
Read More Add a CommentThere’s still an assortment of problems to work out but at least people are talking about solutions, and just maybe they’ll have reason to feel a little better this Christmas season.
Based on economic indicators, and a sense that things might be getting better, the long term forecast looks a little bit more promising for our economy. In the short term, this Christmas season might be just a little jollier. I don’t know about you but it just feels a little different. Let’s face, if we all believed that things were looking up we would all act accordingly, i.e. spending our hard earned money. Consumer behavior is driven in large part by confidence. The same obviously holds true in other parts of the world. There’s still an assortment of problems to work out but at least people are talking about solutions, and just maybe they’ll have reason to feel a little better this Christmas season. (more…)
Read More Add a CommentThe Fed’s still have concerns about Europe and the impact it may have for the global economy, and Canada specifically. Well they should, and it’s the Fed’s responsibility to worry about such issues.
It’s not sophisticated or scientific but it can’t hurt to keep our fingers crossed when it comes to the economy. Markets rallied in a big way yesterday, due in part to a number of central banks around the world making moves to ensure liquidity, and it will be interesting to see if this is just another crest of a roller coaster ride the market has been on for some time now. There was also encouraging news about the Canadian economy. (more…)
Read More Add a CommentOh to be a player/owner in the NBA or maybe having a stake in MLSE. If you were fortunate enough to be a part of the aforementioned money machines you wouldn’t have to worry about little nuisances, like the global economy. As Greece and the rest of Europe face possible ruin the NBA owners and players finally agreed on a way to divi up $3 billion. Thank god because I was starting to worry how players in the NBA could possibly get by with an average salary of, gulp, $5 million per annum. But I need not fret, the NBA strike is over and now the millionaires and billionaires can rejoice as the lemmings flock back to watch a little b-ball. (more…)
Read More Add a CommentWhy is that we have to make things so difficult. Sometimes the answer is simple, and the solution stares you in the face. Yet for many in our society the obvious is too easy and they would rather debate and bludgeon us with theory. The poppy is now being debated. Should we wear one or not? Does it glorify war? Should we wear a white poppy which denotes peace? I guess we’ve solved all the world’s problem that it’s time now to debate the poppy. (more…)
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