Happy Canada Day!

I am conflicted as to patriotism, but I thank my lucky stars I am a Canadian citizen.  I was born in England, and cling to my British citizenship because we are allowed dual citizenshipness, but when I was twelve I became concerned that I wasn’t Canadian and my mum and I both applied for our papers.

Sweet deal.

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12 Responses to Happy Canada Day!

  1. EO says:

    Happy Canada Day, xty! I remember 1976, that year of years for us Yanks to celebrate our 200th, my family spent the day in Canada, on a fly-in fishing trip. And because of the proximity on the calendar, we celebrated Dominion Day (old time, bizarro name) during the same trip.

    In other news, after trying to salvage my corn crop yesterday, we got more storms, and now today I need to salvage all over again. Looks like we might get some cool, dry NW Ontario air for the next few days, so perhaps a chance to recover.

    Whenever I feel a cool, dry front come in like this, it makes me want to go walleye fishing. Of course, a steady, cold, three day rain gives me the same feeling, but with the realization that it’s probably better to stay in the cabin and play cards. Thanks a lot, Ontario!

  2. Dude says:

    Happy Canada Day? More like Happy Flat Corn day.

  3. EO says:

    Oddly, it makes me feel better knowing I’m not alone with Flat Corn Syndrome. Sorry about that.

    But I’m out there again, dutifully straightening up each stalk, mounding up a bit of earth around each one, then pressing it down a bit. I find that the barefoot method works well for me. The notch between big toe and the rest seems to be the tool for the job.

    Tell me again why I don’t just go to the store and buy popcorn?

  4. EO says:

    I wonder where all the crash callers are today? Probably tweaking their charts and analysis to confirm a new doomsday date just pushed out a few months from the last one. 🙄

  5. EO says:

    Among the sexier phrases bandied about by the Doomer Class are the terms “Minsky Melt Up” and “Crack Up Boom”. The Austrians pull these out of their asses whenever reality seems to be going against them (as it usually is), and they then retreat safely into their “tut, tut, tut, you’ll get yours” bunker of snark.

    “Yeah, sure, you think you are making money now, but it’s all a mirage and you are doomed, doomed, doomed. Unless of course, you adopt an extremist right wing idealogy and it’s accompanying economic theory (pay no attention to that man behind the curtain!), safely not participating in any of this nonsense, and holding only physical gold until all this socialist crapola blows over.”

    Well, la di frickin da, lets see just how this has been working out. Snagged a couple of articles off of the miracle of the internet.

    The first one is from 4/11/2010. Since that day the S&P 500 is UP 65% (plus dividends), while Gold is UP 14% (minus storage costs).

    The second one is from 12/9/2012. Since that day the S&P 500 is UP 39% (plus dividends), while Gold is DOWN 29% (minus storage costs).

    So, what now? Do you admit you are actually full of shit? Oh, hell no. Double down on the “tut, tut, tut, you’ll get yours” mantra. Never mind that years of outperformance is already a fact of life. It’s in the books. A stock monkey could have sold out today. He can sell out tomorrow. He can sell out anytime the trend changes. But what does the Doomsday GoldBug Austrian Fucktard do? Wait, and wait, and wait? No. They actually have no interest in ever being right. The whole damn point is to sway public opinion in ways that will favor the oligarchs in the here and now. Though it’s amazing that anyone ever listens to them at all given their track record.

  6. EO says:

    The Wizard bears a striking resemblance to Ludwig von Mises, don’t you think? Separated at birth?

  7. EO says:

    Here’s some background. Never forget, the Silverites of the 1890’s were the inflationists of their day. They wanted an expansion of the money supply, something the Gold Standard interests of the East Coast always steadfastly opposed. Becuz, duh, they controlled gold, but not so much silver.

    Folks these days get all twisted up in meaningless arguments for or against gold, or for or against silver (“constitutional silver” is the funniest thing I’ve ever heard).
    Here is your crib notes version that will tell you who all the players are. Just decide who is in favor of an expansion of the money supply, and who is against it, and where you stand. That simple rule works, and puts the same people on the same sides in the 1890’s as it does today, without leading you down a bunch of blind alleys about gold or silver or taxes or the Fed or anything else.

    Still too complicated? Ok. The Republicans are the the J. P. Morgans, the John D. Rockefellers, the Andrew Carnegies of our day, just as they have always been. And the Dems are everybody else, just as they have always been.

    Now, if the GOP went out and said “vote for us, the Morgan, Rockefeller, and Carnegie party”, they would not be able to cobble together 51% of the vote. So, they appeal to all the very worst elements of society. The racists, the bible thumpers, the flat earthers, the homophobes, the misogynists, the so-called “Libertarians”, the “Ayn Randians”. This is “the big tent” as far as Republicans are concerned. A whole list of people who have been conned into voting against their own best interest. And it’s the only thing that keeps the GOP competitive in this country. And they know it.

  8. Dude says:

    Are fireworks appropriate for Canada Day? If not, play this again in 3 days.

  9. EO says:

    Oh, the gun nutters too. I can’t believe I forgot the gun nutters.

  10. EO says:

    Dow 17000. Well, what do you know about that?

    And for how many years now have the ZeroHedgers of the world been telling us that all is lost? Peter Schiff, Doug Casey, Bill Bonner…off to the dustbin of history w’ ye.

  11. xty says:

    Sorry for the vanishing act. Daughter home ate all remaining brain cells.

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