Okay, I'm about 1/2 way thru Davos Man myself. It's an illuminating read. I live in Canada and was cheering for the truckers.
Justin's response to it stunned me. I voted for his party 2x, and when he called an election last summer I voted for him again.
I really, really trusted the fuckin' guy.
In late February, while on my annual vac…
Okay, I'm about 1/2 way thru Davos Man myself. It's an illuminating read. I live in Canada and was cheering for the truckers.
Justin's response to it stunned me. I voted for his party 2x, and when he called an election last summer I voted for him again.
I really, really trusted the fuckin' guy.
In late February, while on my annual vacay to that "Commie hell-hole" that is Cuba (it's not) he his move against the truckers. I'm still astonished.
It turned me 180 about this clown. And his party.
It also made me check out Trudeau's background. He's a Davos man through and through. Buttigieg is Justin light.
Here's my view:
Davos man is under threat. Yes, it's been building for years (see Occupy Wall Street), but just look:
1. Nobody buys Main Stream Media anymore. Not voters.
2. Populism is grown by leaps and bounds: see Amazon unionization efforts and the tectonic shift of the approval for unions that has come about just in the last year.
3. Guys like you are now a threat: the propaganda arms of Davos man are descending on people like you, Doc. They have to. WHY?
4. B/c once you look behind the curtain, you can't unsee what's going on. And w/ the internet, that curtain's practically transparent.
There's gonna be churn, don't worry. But good people are still good; and curious people have a massive amount of information out there should they care to look.
People like us- the ones who read/follow/support the work of guys like you are growing in numbers daily.
Davos Man is scared. Really, really scared. In fact, an argument can be made that Putin's move on Ukraine is a geopolitical expression of a rejection of Davos Man's worldview writ large.
Things WILL get better. But it's gonna get a hell of a lot worse first. Davos Man won't go down w/o a fight; and he fights dirty.
I can't imagine ever being able to justify voting for that trustfund, CCP-admiring, WEF tool but as a fellow Canadian (Montreal), I heartily welcome you to the fold.
Hopefully, yours will be a story oft repeated when next, election time rolls around. The Liberal/NDP pact ( hopefully seen as the act of Davos desperation it is) may be tough to beat.
We Bernier supporters may have to swing to Polievre and the Conservatives to beat the marxist elite cabal.
Look, I grew up in NYC and moved to Canada back in '86 when I wed 'Mah Liddle Maple Leaf'. (She was a ski instructor @ Gray Rocks if you're old enuf to remember THAT place! LOL)
TBH, I think the only way Pierre will be a threat if Bernier throws his weight behind him and those two form their own 'coalition of the Pissed Off' or something after the next general.
I think the next 3 years or so are going to be hard for ol' JT. He pulled his move, but (cough, cough) 'I Will Remember'.
Sadly, it's at best a 50/50 chance that Canada will reject him next time around if he doesn't pull another boner like he did. France will be the bellweather, b/c like JT, Macron's very much like him. We'll see.
I don't watch debates normally and I thought Bernier didn't "qualify" during the last election.
I remind folks that even O'Toole received more of the popular vote than Turdeau.
It seems that it's only the Conservatives that have a chance of winning more seats than the libs.
They may be able to get their agenda through more easily while they are in office with the backing of the NDP but I can't see NDP voters going for Turdeau.
Based on the deal Justin cut w/ Singh it doesn't matter if they go for JT or not. An NDP seat is a Liberal seat, period.
My big problem w/Pollievere is that his vid re housing prices was a total fail. He blamed the current regs etc which is a smokescreen. I worked in construction for some time, I was a Plumbing & Heating contractor. These regulations provide protection for homeowners; they're not barriers-they're the rules of the game.
The actual cause of the explosion of house prices is b/c of the ocean of money released by the Federal Reserve bank in the USA drifting worldwide. I won't get into the mechanics of that, read 'The Lords Of Easy Money' as a good primer of the machine behind the curtain.
Short version: for the last 10+ years there has been interest free loans available to those with connections to the FRB. Because of that, two things happened:
1. All this money is looking for ANY return on investment. Since there's no interest on the vast stacks of cashola, they can purchase a home and the net rent (after insurance/repairs) is pure profit. Analysts have concluded that this aspect is responsible for about 1/2-3/4 of the price increase on the home.
2. These notes are 10 year or so notes. So they pocket 10 years of rent before they have to pay the note. Well, 10 years from now, (well, 9 b/c the FRB is putting up rates) those homes can be sold for what they paid originally in the market and cover the debt.
THIS IS WHAT"S behind home prices, and NO politician is saying a word about it.
Calling out the regulations that have existed for decades as the cause is a lie.
How much is foreign ownership affecting the prices?
In 2018, one of the offers we got for our home was from Hong Kong and it definitely caused the bidding war that ensued. Good for us at the time, not good for the homebuyers.
Of course, fuel prices have a global effect on inflation. If we got rid of the destructive carbon taxes it would help as would opening up domestic production and allow the product easy access to the market.
I recommend writing a letter to the PMO and any prospective Conservative candidate for leader with your analysis if you haven't done so.
Of course they prevaricate but occasionally the actual issue is addressed. They are highly motivated at the moment as they seek the leadership.
Perhaps reaching out to a journalist who is interested in the issue and not just supporting a narrative. It seems as if you could make a case.
Outside of my bloviating on Dr. Malone's and other substacks, I'm a nobody. I'm just a schmuck living in Kingston running a teensy-weensy biz (not a plumber anymore, and that was in NY 40 years ago). What I'm saying is that IDK any journalists w/ sway that have influence.
My 'schmuckness' is also the reason I believe that ALL the politicos already know the truth. Pollievere's smokescreen is 'regulations' (JHC, what a tired excuse- Regan used that bromide in 1979) and JT's is 'foreign ownership'. Sure, maybe they have an impact; I'll even give you 5% each on home prices...but that's it.
It's funny you mention 2018, b/c that's when I saw a 20% jump in my home's value in my neighborhood. We bought in '11 for ~$232K and in '18 we could have sold for about $300-325 and were astonished. YESTERDAY a place across the street from me went for $600K in a bidding war. And it's gonna be a rental as far as I know.
It's a repeat of the housing bubble that melted down in '08, but the financing's different in that the majority of the current ownership can be traced back to Bay/Wall St thru numbered co's IMHO. The current residents aren't overleveraged owners, it's renters that are overstressed in trying to keep up w/ the rent. And they're replaceable.
Davos Man discusses the WEF's campaign last year. This year's titled 'The Great Reset', last year their motto was 'You Will Own Nothing, And You Will Be Happy'.
Ol' Justin's an alumni of the WEF's 'Leadership Group' (or whatever they call it) and ain't it a hoot that he didn't TOUCH the Wall St/Bay St root of home prices. He didn't say a word.
Frankly, home prices are more a Provincial matter anyway: they set the regs/tax rates/ etc etc... outside of fiscal policy it's not really a Fed issue.
With the price of building materials, et al. surging as they are and coupled with the constricted supply chains, housing will not get any cheaper any time soon.
Tough for my kids but that's the way the old cookie crumbles.
Okay, I'm about 1/2 way thru Davos Man myself. It's an illuminating read. I live in Canada and was cheering for the truckers.
Justin's response to it stunned me. I voted for his party 2x, and when he called an election last summer I voted for him again.
I really, really trusted the fuckin' guy.
In late February, while on my annual vacay to that "Commie hell-hole" that is Cuba (it's not) he his move against the truckers. I'm still astonished.
It turned me 180 about this clown. And his party.
It also made me check out Trudeau's background. He's a Davos man through and through. Buttigieg is Justin light.
Here's my view:
Davos man is under threat. Yes, it's been building for years (see Occupy Wall Street), but just look:
1. Nobody buys Main Stream Media anymore. Not voters.
2. Populism is grown by leaps and bounds: see Amazon unionization efforts and the tectonic shift of the approval for unions that has come about just in the last year.
3. Guys like you are now a threat: the propaganda arms of Davos man are descending on people like you, Doc. They have to. WHY?
4. B/c once you look behind the curtain, you can't unsee what's going on. And w/ the internet, that curtain's practically transparent.
There's gonna be churn, don't worry. But good people are still good; and curious people have a massive amount of information out there should they care to look.
People like us- the ones who read/follow/support the work of guys like you are growing in numbers daily.
Davos Man is scared. Really, really scared. In fact, an argument can be made that Putin's move on Ukraine is a geopolitical expression of a rejection of Davos Man's worldview writ large.
Things WILL get better. But it's gonna get a hell of a lot worse first. Davos Man won't go down w/o a fight; and he fights dirty.
I can't imagine ever being able to justify voting for that trustfund, CCP-admiring, WEF tool but as a fellow Canadian (Montreal), I heartily welcome you to the fold.
Hopefully, yours will be a story oft repeated when next, election time rolls around. The Liberal/NDP pact ( hopefully seen as the act of Davos desperation it is) may be tough to beat.
We Bernier supporters may have to swing to Polievre and the Conservatives to beat the marxist elite cabal.
Cheers and welcome!
I LOVED Bernier in the debates!
Look, I grew up in NYC and moved to Canada back in '86 when I wed 'Mah Liddle Maple Leaf'. (She was a ski instructor @ Gray Rocks if you're old enuf to remember THAT place! LOL)
TBH, I think the only way Pierre will be a threat if Bernier throws his weight behind him and those two form their own 'coalition of the Pissed Off' or something after the next general.
I think the next 3 years or so are going to be hard for ol' JT. He pulled his move, but (cough, cough) 'I Will Remember'.
Sadly, it's at best a 50/50 chance that Canada will reject him next time around if he doesn't pull another boner like he did. France will be the bellweather, b/c like JT, Macron's very much like him. We'll see.
Good analysis. Let's vote and encourage as many others as we can to pay attention.
My folks used to ski vaca at Gray (Grey?) Rocks annually in the 60s.
We take at least one (two this summer) cottage a year in the Laurentians. Nothing like lake swimming!
Cheers.
I don't watch debates normally and I thought Bernier didn't "qualify" during the last election.
I remind folks that even O'Toole received more of the popular vote than Turdeau.
It seems that it's only the Conservatives that have a chance of winning more seats than the libs.
They may be able to get their agenda through more easily while they are in office with the backing of the NDP but I can't see NDP voters going for Turdeau.
Based on the deal Justin cut w/ Singh it doesn't matter if they go for JT or not. An NDP seat is a Liberal seat, period.
My big problem w/Pollievere is that his vid re housing prices was a total fail. He blamed the current regs etc which is a smokescreen. I worked in construction for some time, I was a Plumbing & Heating contractor. These regulations provide protection for homeowners; they're not barriers-they're the rules of the game.
The actual cause of the explosion of house prices is b/c of the ocean of money released by the Federal Reserve bank in the USA drifting worldwide. I won't get into the mechanics of that, read 'The Lords Of Easy Money' as a good primer of the machine behind the curtain.
Short version: for the last 10+ years there has been interest free loans available to those with connections to the FRB. Because of that, two things happened:
1. All this money is looking for ANY return on investment. Since there's no interest on the vast stacks of cashola, they can purchase a home and the net rent (after insurance/repairs) is pure profit. Analysts have concluded that this aspect is responsible for about 1/2-3/4 of the price increase on the home.
2. These notes are 10 year or so notes. So they pocket 10 years of rent before they have to pay the note. Well, 10 years from now, (well, 9 b/c the FRB is putting up rates) those homes can be sold for what they paid originally in the market and cover the debt.
THIS IS WHAT"S behind home prices, and NO politician is saying a word about it.
Calling out the regulations that have existed for decades as the cause is a lie.
....or a misunderstanding.
How much is foreign ownership affecting the prices?
In 2018, one of the offers we got for our home was from Hong Kong and it definitely caused the bidding war that ensued. Good for us at the time, not good for the homebuyers.
Of course, fuel prices have a global effect on inflation. If we got rid of the destructive carbon taxes it would help as would opening up domestic production and allow the product easy access to the market.
I recommend writing a letter to the PMO and any prospective Conservative candidate for leader with your analysis if you haven't done so.
Of course they prevaricate but occasionally the actual issue is addressed. They are highly motivated at the moment as they seek the leadership.
Perhaps reaching out to a journalist who is interested in the issue and not just supporting a narrative. It seems as if you could make a case.
Thanks.
Outside of my bloviating on Dr. Malone's and other substacks, I'm a nobody. I'm just a schmuck living in Kingston running a teensy-weensy biz (not a plumber anymore, and that was in NY 40 years ago). What I'm saying is that IDK any journalists w/ sway that have influence.
My 'schmuckness' is also the reason I believe that ALL the politicos already know the truth. Pollievere's smokescreen is 'regulations' (JHC, what a tired excuse- Regan used that bromide in 1979) and JT's is 'foreign ownership'. Sure, maybe they have an impact; I'll even give you 5% each on home prices...but that's it.
It's funny you mention 2018, b/c that's when I saw a 20% jump in my home's value in my neighborhood. We bought in '11 for ~$232K and in '18 we could have sold for about $300-325 and were astonished. YESTERDAY a place across the street from me went for $600K in a bidding war. And it's gonna be a rental as far as I know.
It's a repeat of the housing bubble that melted down in '08, but the financing's different in that the majority of the current ownership can be traced back to Bay/Wall St thru numbered co's IMHO. The current residents aren't overleveraged owners, it's renters that are overstressed in trying to keep up w/ the rent. And they're replaceable.
Davos Man discusses the WEF's campaign last year. This year's titled 'The Great Reset', last year their motto was 'You Will Own Nothing, And You Will Be Happy'.
Ol' Justin's an alumni of the WEF's 'Leadership Group' (or whatever they call it) and ain't it a hoot that he didn't TOUCH the Wall St/Bay St root of home prices. He didn't say a word.
Frankly, home prices are more a Provincial matter anyway: they set the regs/tax rates/ etc etc... outside of fiscal policy it's not really a Fed issue.
With the price of building materials, et al. surging as they are and coupled with the constricted supply chains, housing will not get any cheaper any time soon.
Tough for my kids but that's the way the old cookie crumbles.
I would also say that unless every NDP voter votes for a liberal or vice versa, the left can be defeated.