Showing posts with label Wealth of Nations. Show all posts
Showing posts with label Wealth of Nations. Show all posts

Sunday, June 16, 2013

Jason Kenny - The Scum Also Rises

The meme is not the dancer but the dance.
James Gleick, The Information, p. 314

As the Oracle of Ottawa has mentioned many times before, you just never know what you will hear during Question period on a Friday. This past Friday was no exception. The 'Harper government' Bund must be in worse shape than we all thought. The Oracle of Ottawa has never witnessed such a barefaced attack on a fellow sitting parliamentarian in recent memory. It all started with Jason Kenney attacking the leader of the third party, one Justin Trudeau.

Justin Trudeau - Rich without even trying!

You know the Conservative Party of Canada Nazis are really feeling the heat of all their scandals when they are ready to attack free markets, choice and capitalism all in one go. And you could just sense the envy as the scummy Minister Kenney all but accused Justin Trudeau of ripping of non-profit organizations for his set speaking fee! Now we all know that Justin Trudeau is the next one. And it is true that he comes from Canadian Royalty, and he can get a pretty easy dollar just talking about it! He has an agent that books his dates and collects hid fee for him. Is there a problem with that? You can afford it or you can't. You can go or stay at home. You vote with your dollars, right?

It seems to burn the Harperite Nazis to no end that young Justin has made over seven figures just talking about how wonderful it is to be Justin Trudeau! Everybody wants a piece of him and a chance to bask in his Imperial Light, and they are willing to pay for it! Isn't that the kind of capitalism that the 'Harper government' is always going on about protecting? Isn't that what the 'Harper Government' glorifies? Giving out what you got for what ever the market will bear? So what is the problem? These sorry local rubes came to Justin Trudeau with their money in hand. Not the other way around. Again what is the problem?

Jason Kenney - Still waiting for pizza...

The greasy Jason Kenney is obsessed with knowing how popular he is. Well, the Oracle of Ottawa, as a public service, will inform the drop-out minister how popular he is compared to Justin Trudeau. Let us start on You-Tube; if you enter Jason Kenney Conservative you will see that you will get about 873 results. If you simply enter Justin Trudeau you will get 61,900 results! Do the math! Justin Trudeau is about 71 times more popular than Jason Kenney! Jason Kenney is a sitting Minister of the Government of The Day, Justin Trudeau is merely the leader of the "Third Party"!   


Now let us go to Wikipedia. Enter Jason Kenney and go to the stats page, you will find that at the time of this writing that the Jason Kenney article gets hit a mere 4980 in the last thirty days. Now enter Justin Trudeau and repeat the process, you will find that Justin Trudeau's article has been hit, at the time of this writing, in the last thirty days, 27,046 times, and the article ranked 3307 in traffic out of the 4.25 million articles on all of Wikipedia! This means even in print, Justin Trudeau is over five times more popular than the greasy Jason Kenney. And during his Leadership victory, he was more popular than the sitting Prime Minister! Talk about the writing on the virtual wall....

Tuesday, September 28, 2010

Seeing the light...

Nothing but the most exemplary morals can give dignity to a man of small fortune.
Adam Smith, The Wealth of Nations, Book V, Chapter I, Part III, Article III, p. 874

If you have ever read the Wealth of Nations straight through -cover to cover- in the unabridged edition you will notice that the work starts with unabashed optimism. But as the end nears I could sense that the optimism was giving way to a realization that he had discovered the dark side of the new economics that he was relating to the world. But yet, like realizing that the wife is cheating on you, you want to be the last to know. What Adam Smith witnessed being born was the greatest social system ever to emerge. Its strength brooked no challenges it would destroy and create everything in its path and it has! Even militant communism lasted but a blink of economic time. But will it get us also?


Adam Smith.

World markets are firming, the Canadian TSX gained over 80 points today. Even "bad news" is having no effect. If you have the time, check out the William Stanley Jevons article at Wikipedia. Jevons was the first to propose that the activity in our Sun drove the "animal spirits" here on Earth. His major problem was that he did not have very good data. Today we have the Royal Belgium Observatory and the Solar Influences Data Center. Check out the pretty charts. I don't know about you but I could trade off of that. The peak of each period or wave looks to me to be pretty easy to nail more or less...When you think the peak has been reached may I suggest a square root out of the money straddle? No I have not seen it in any book either..Now just do a little mental math. If you miss the peek and nothing happens your out chump change. If you hit the payoff could be very huge indeed. If your a real rocket scientist you might want to sim it out.

While attempting to watch my beloved CBC TV, there is this stupid recurring commercial that just boogles the conscious mind. It is about a casement window that is made in Canada. Okay... The rather fat and ugly swarthy guy goes on about how well they work in all the different climate conditions in Canada. Okay... Then he starts going on about would this window work in the Amazon jungle? Then cut to a board hut in the Amazon jungle! (WTF??)  Then the fat swarthy guy gets up off his fat ass and goes to open and close the window! BUT the shack is soo crappy that the cracks between the boards let in more then enough light and ventilation!! Why would any moron put a $1,200.00 casement window in a $1.99 shack? You are free to do what you are told... You are free to do what you are told.. You are free to do what you have been sold....Hey Wait a Minute!! (See: You-Tube-Bill Hicks- any performance..) God help us all....