Trepidation and Rapine In Toronto

For we do not wrestle against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this age, against spiritual hosts of wickedness in the heavenly places.
Ephesians 6:12, New King James Version

The fear descended upon me right away... when I first saw the banner run with the message that the London Stock Exchange had  announced a " Merger of Equals " with the Toronto Stock Exchange. The first thought that I remember going through my addled brain was; AOL... Ye gods! The Horror.. The Horror!  The Bilderberg Group master game plan is right on schedule! And even more frightening is that it is an  "all stock" merger! The LSE must have a ton of " off the book "  derivative sludge coursing through God knows how many shells and dubious off-shore partner ships and the only thing that can save it all is a trans-oceanic Hail Mary pass to Hog Town in the old Colonies! It only has to hold up until the day after the deal is signed.. And then who cares about the price of the stock? The magic of IAAP... Woo - Hoo!!

Toronto Stock Exchange, bye, bye...

Any hope of a National Securities Regulator are now gone and mute. If this goes through we will have essentially no regulation what so ever! How can you regulate an entity, where the decisions, for sure and certain, will be made outside of your Sovereign jurisdiction? Quebec and Alberta take note! The Bay Street boys have executed the perfect end run! There will be much back-slapping and prayer circles at the next Bilderberg orgy, mark my words! A major step to converting Canada to an offshore globalized penal colony, to be known as PC-Can or simply pecan....is an the edge of completion!  Chapters will hold a chain wide sale of Adam Smith's Wealth of Nations along with a Marx, Engels and Galbraith  book-burning on Canada Day!
(Bring your own Flag and burn cream...) Buy Three books and get a free Heathers pick! ( Not of Your choice of course...some restrictions apply...)

Thomas Gresham; Bad money drives out good...

Trading will become cheaper... Really! Oh please, don't even try to run that tickle and jerk on me again! Trading most certainly, and especially, for the less then Warren Buffet sized accounts, will become certainly more expensive. I mean where else are ya' gonna go sucker? Will I be able to buy from the LSE list once this goes down? Hell no fool! How are you you poor bastards in Alberta going to get a wild cat first issue like the old days? Who do you think is going to freeze in the dark after this goes down?  Every one will be fellating  Russian Oligarchs and Euro-Thrash for "Venture money" I don't see that going over too good on the West coast.... unless of course you guy's have come to like that kind of thing... And well, you have to admit it would be better than crawling at Kevin O'Leary's feet on the CBC...  Hmmm....

What about this dream?

Now the Tory's will keep lowering the corporate tax rates and Canada will be able to compete with the rest of the world. Why in ten years Toronto will look like Kabul! Just higher and taller with better diction! Oh, the great days to come.... Gotta stop now, my Captain Canada cape just got caught in the space bar....

In closing, a tune for the brain-trust at The TSX Group... Enjoy!