To The Pointwith Boris Bozic
Commentary, Opinions, Thoughts and Discussion on Current Events, Politics and The Mortgage Industry

0 Comments Trudeau’s State Dinner at the White House – One Expensive Photo Op

Article written by on the 14 Mar 2016 in Canada,Current Events,Politics,US Politics

“I’m great!  Okay, enough but me. So what do you think of me?” In my mind that’s how the conversation went between President Obama and Prime Minister Trudeau at last week’s State Dinner at the White House. I’m sure trade issues, environmental concerns, and Canada’s military support in the Middle East all came up in conversation; but I can’t help but think that at some point the two leaders exchanged winks and knowing head nods. The body language spoke volumes, like, this is really cool. Sure, we might have economic issues to deal with, a refugee crisis, security concerns, an obscene amount of national debt, but that should never get in the way of having a good party; and what a party they had.

In fairness, a state dinner at the White House is not a common occurrence for Canadian PM’s. If I’m not mistaken the last time the head of state from Canada was the guest of honour at the White House was in 1997. President Clinton warmly welcomed Prime Minster Chretien for an evening of Pomp and Circumstance. Let’s see, Clinton and Obama, Democrats; Trudeau and Chretien, Liberals. I find it deliciously ironic that the intelligentsia always campaigns on helping the impoverished, working for the middle class, saving mother earth, but would never dare using photos of a state dinners when campaigning to the masses. That would be too difficult to square. The all-knowing and chosen ones are best fit to suspend reality. There’s no point trying to square the lavishness because it is too complex for simpletons to understand.  It’s something that’s always done, and that should be enough. Oh wait, Prime Minister Harper never had a state dinner in his honour. I’m sure it was simple oversight and had nothing to do with political ideology. (more…)

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2 Comments The Traveling Circus – Donald Trump and the US Elections

Article written by on the 07 Mar 2016 in Current Events,Politics,US Politics

This has gone from improbable, to doubtful, to laughable, to now possibly feasible.  Go ahead, say it out loud: President Donald Trump.  As I’ve written in the past, I’m somewhat of a political junkie, and for some inexplicable reason I find politics interesting.  Following politics today requires a sense of humour as well, because laughter beats the alternative, crying (unless of course the tears are a result of busting your gut from laughing).  Following the shenanigans today, the Republican and Democratic Primaries, can’t help but make you laugh. Yes, I include the Democratic Primary as well. On one side you have an elderly communist, I mean socialist, if I’m not mistaken he served with Abraham Lincoln as his Secretary of State, and on the other side you have a candidate where the majority of her own party doesn’t trust her. She’s also being investigated by the FBI. In fairness, the Democratic Primaries are the opening act for the wonderful vaudeville act playing nightly, the Republican Primary.    

Never, in my wildest dreams did I think that Trump had a chance.  I firmly believed that this was nothing more than a publicity stunt for him, and that Republican Party would do whatever was necessary to put a stop to him. Well, it hasn’t worked out that way. Donald Trump now believes he can become the president of the United States of America, and why wouldn’t he? His candidacy has now become a movement.  The more outrageous his claims become, the more his popularity grows. The more he changes his positions, on a daily basis, the more people lineup up to hear him speak. The angrier he becomes, the more American’s say “he’s our guy”. His road to the White House still has many miles to go. The American political system is a little convoluted. It’s not about the number states he wins, but rather the number of delegates he receives in each state. In many States the delegates are distributed by the proportion of votes the candidate received in the primary election. In other words, if you finish in second, you still win delegates.   To become the republican nominee, Trump would require (more…)

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2 Comments Trudeau and Alberta, The Sequel

Article written by on the 05 Feb 2016 in Canada,Current Events,Politics

I can only imagine what our newly elected prime minister’s schedule looks like. Given the scope of his responsibility it must be challenge to prioritize his time. Managing to attend summits in Turkey, Paris and Davos, Switzerland, while still tending to the nation’s business, must be taxing. The PM also has to balance the competing needs of the constituents in his riding, as well as every other Canadian in this country. Then, there’s the attention he has to pay to the party base, as well as to those who contributed financially to his campaign.  And then of course there’s the need to find time for legacy issues; the ones that get you into history books, and sometimes burned in the public’s psyche. The thing about legacies is that they are not necessarily created by design. Sometimes it doesn’t work out. For example, our prime minister’s father, Pierre Elliot Trudeau, Canada’s 15th Prime Minister.  

Many Albertans still seethe at the mere mention of Pierre Elliot Trudeau. They think back to the early 80′s, and Trudeau’s National Energy Program, which laid waste to a good portion of Alberta. When you combine the words Alberta and Trudeau, you expect some form of combustion. It’s for that reason I was intrigued to see how our newly crowned Prime Minister, Justin Trudeau, would do when visiting the beleaguered province. I suspect it must be a tough pill for Alberta to swallow, asking a Trudeau for help. But ask they should, and must.

I’ll say this about Jr.; he comes across as having far more empathy than his father ever did. That being said, his father was a man of depth; an intellectual, with an extraordinary wit and a sense of timing. He was the smartest guy in the room, and if you needed convincing, he relished the opportunity to prove it. What Alberta doesn’t need right now is a visit from an eastern elitist with an all knowing attitude. I think what they need is to hear some honesty, and to let them know their government won’t make things worse.

For all intents and purposes, the prime minister said all the right things when visiting Alberta. Frankly, there’s not much that neither he nor Ottawa can do at this time. It’s not like they can snap their fingers and set a new price for oil. Saying Ottawa is there to support Alberta is nice, but it can’t be just talk. There is something that could be done right now. (more…)

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0 Comments The Absurd Files – Canada’s Economy in Perspective

Article written by on the 22 Jan 2016 in Current Events,Economy,Politics

I came across an article that truly made me burst out laughing. It was an article from the Telegraph. The headline read as follows: “Islamic State forced to halve its jihadist’s monthly salaries in tough times”.  ISIL’s SLT, Senior Leadership Team, (honestly, I’m actually laughing while writing this) in Syria and Iraq released the following statement, “because of the exceptional circumstances that the Islamic State is passing through, a decision was made to cut the salaries of the mujahideen in half.  No one will be exempt from this decision, no matter of his position”. There was no clear explanation as to why terrorists would be forced to take a pay cut. Did the price of suicide vests go up? Was there a run on virgins in paradise, thus increasing the virgin acquisition costs? There was also no mention how those most impacted would respond.  No word if front line terrorists planned on withholding their services.  I guess they could all vote to strike or take some kind of work to rule action. So many unanswered questions.

There’s nothing funny about terrorism, and the ridicule, contempt and derision these mass murderers receive is justly deserved. Now they’ve earned the right to be mocked as well. The absurdity of the article should help all of us put things into perspective. (more…)

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1 Comments Ontario’s Energy Auditor General Report – We Clearly Don’t Care

Article written by on the 04 Dec 2015 in Canada,Current Events,Politics

We clearly don’t care – and yet we should. Not only should we care but we should be very concerned about the direction and mandate we gave our governments. Ontario’s Auditor General, Bonnie Lysyk, just delivered a scathing report on the Ontario Liberal parties attempt to better the environment, and more to the point, manage electrical power in the province of Ontario; as well as their handling of all government agencies. The Auditor General took the Ontario Liberal government to the verbal woodshed, and gave them a spanking that was rightly deserved. There was no sugar-coating the truth or leaving room for spin.

Most of us are accustomed to hearing about government waste. Regrettably, government waste has become like death and taxes. Fight it all you want, rile against it, but you’ll always finish in second. But when an audit is released, which rivals that of FIFA’s (international governing body of football), all of us should be very worried about finishing second. Here’s an excerpt from today’s National Post:

“By ignoring their own energy planning legislation, the Liberal government has cost consumers billions on their hydro bills. The average electricity bill rose 70% between 2006 and 2014, at least in part because the government ignored its own expert advice, the report notes. That has already cost consumers $37 billion in payments to power generators under what the government calls Global Adjustment.  By 2032 they will pay another $133 billion or $170 billion over 26 years”. 

It’s almost impossible to square those numbers, and to rationalize it because it’s so outlandish.  To make matters worse, when your own experts have been telling you not to do this and that your plan is horribly flawed, but you chose to ignore the council for ideological reasons, it is the highest form of tax payer contempt. (more…)

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