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marginallymanic
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Posted: Wed Nov 19, 2008 12:21 pm    Post subject: Well.....I,m Back
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In fact I never went.

Family emergency on the wife's side of the family resulted in frequent trips to SW Ont, and then a move to SW Ont.

Quite a few months on the political front Eh?


And first off.....I must admit I was wrong about conservative support in BC.
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Largs
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Posted: Wed Nov 19, 2008 1:08 pm    Post subject:
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Welcome back MM
Are you saying you are a Morontarian now? Smile
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Nomad
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Posted: Wed Nov 19, 2008 5:26 pm    Post subject:
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If I recall, you used to live around the Windsor area once - are you back there or somewhere else? What's been the biggest adjustment in the move from BC to Ont.?

As to the last few months of politics... Yes and no.
• Tory support got a little stronger. Expected.
• Liberal support got weaker. Expected.
• Dion isn't a leader after all. Expected.
• Obama won. Expected.
• Surprises? Damn few.

I think the sudden tanking of the economy and the associated political ramifications are the biggest surprise lately. I'm really torn on the whole auto sector buyout. Remember all the money Britain threw at British Leyland? Where are they now? Unfortunately, I don't think handing billions to the car companies is going to solve anything, but it's going to take some huge political guts to say no to them.

Oil at $56 a barrel today - who would have predicted that even six months ago? Keep the gas cost down there and watch the sales for big cars take off again - that'll do more for the car companies than any bailouts ever will. Hurts the Alberta treasury like crazy, but that's how she goes.

On the other hand, if they declare bankruptcy, I understand that would give them leverage to renegotiate some of those obscene union contracts. Ford and GM might just be salivating at the prospect of throwing the entire union out and starting from scratch.

What does it all do for the economy in the long run? Not much good, I'm afraid, no matter how it turns out. I'm kinda glad we don't have any auto industry here now after all. It'll all balance out somewhere, but you gotta think Ontario has taken a permanent blow that it might never recover from. Manufacturing is leaving and it ain't coming back.
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Monty Burns
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Posted: Thu Nov 20, 2008 12:42 am    Post subject:
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The GM plant that produces big SUV's down in Texas is already back to running overtime shifts to keep up with the spike in demand for the vehicles they build.

This corresponds with what I see in the wholesale market - prices (and demand) for used SUV's is way up lately.


I guess the much-ballyhooed death of the SUV was a bit premature.
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marginallymanic
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Posted: Thu Nov 20, 2008 6:55 am    Post subject:
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Last year I purchased some property in Chatham-Kent, on the basis that the market in BC was probably topping out, and that the market here could not get much worse.

I was right about the first, and wrong about the second, although it hasn't gone down much.

I still have property in BC, so I can persuade myself that this is not permanent, we shall see.

Its flat here, and the weather is ugly.

I am against trying to save Detroit with government money. Detroit has been going to change and turn the corner for the last thirty years, and I see nothing different about this time. Let them fail, and let the Stronachs of this world pick up the pieces.

It is just SW Ont that is realing from the blow. Places like Cambridge, where the Toyota plant is, were booming, who knows if they still are right this minute.

Ontario has to learn what BC learned, you cannot rely upon the old industries, there is a new world out there, not based upon manufacturing, cars or anything else.

I read somewhere in the last couple of days that truck/SUV sales increased their market share from 44 to 46% last month, but also that overall new vehicle sales were the lowest they have been since the 50's, so how that translates into good news for SUVs is beyond me.
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marginallymanic
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Posted: Thu Nov 20, 2008 8:21 am    Post subject:
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Dana Milbank sums up the congressional hearings yesterday

http://www.washingtonpost.com/wp-dyn/content/article/2008/11/19/AR2008111903669.html
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Phillippe
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Posted: Thu Nov 20, 2008 10:47 am    Post subject:
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Nobody asked and nobody I'm sure cares, but I'll put it out there. I'm still doing graduate work, but I've been commissioned (can't reveal by whom) to do a report on multiculturalism in Montréal, which is interesting. I will be publishing two articles in the winter, and taking the LSATs.
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marginallymanic
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Posted: Thu Nov 20, 2008 12:53 pm    Post subject:
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Published.at your tender age.........well congrats
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Menehune
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Posted: Thu Nov 20, 2008 4:43 pm    Post subject:
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I don't think I ever could move back to Ontario. Especially now that their economy is starting to resemble Michigans.
Good luck!!
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marginallymanic
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Posted: Thu Nov 20, 2008 5:19 pm    Post subject:
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Well....I don't have to make a living here, so in fact being a depressed area makes things inexpensive. We live cheaper here than we did in BC, thats for sure.

I will admit I am not here by choice
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Nomad
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Posted: Thu Nov 20, 2008 7:19 pm    Post subject:
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I've only been in the Chatham area a couple of times, but what sticks in my mind was that the water tasted awful. Highly sulphuric, stinky and just plain nasty. We were building farm silos in the area about a zillion years ago, and I remember us trying to disguise the water with Kool Aid and about a pound of sugar. Didn't help. That was well water on a farm, but even the tap water in town smelled like rotten eggs.
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marginallymanic
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Posted: Thu Nov 20, 2008 7:32 pm    Post subject:
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Nomad wrote:
I've only been in the Chatham area a couple of times, but what sticks in my mind was that the water tasted awful. Highly sulphuric, stinky and just plain nasty. We were building farm silos in the area about a zillion years ago, and I remember us trying to disguise the water with Kool Aid and about a pound of sugar. Didn't help. That was well water on a farm, but even the tap water in town smelled like rotten eggs.

I am in a rural area, and my water actually comes from ground water around Dresden, so other than a slight taste of chlorine, it is fine. In BC I had my own well, which was always fine as long as we chlorinated it every year after run off
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