Friday, February 24, 2012

Vacate Premises Before The Target People Showup

Ok, I just couldn’t resist this.

Zellers is Canada’s second largest chain of discount stores. Zellers was founded in 1931 for “thrifty Canadians”. They used to be good stores when I was a kid, but somehow they didn’t keep up with the times and are extremely dated now. Target is taking over several Zellers’ sites and converting them to Target stores.

Zellers stores are still open, but will begin closing in this Spring for their one year makeover into Target stores.

Zellers. Where the lowest price is the law, as is vacating the premises before the Target people show up.

Sunday, February 19, 2012

Teenager Shot In Church Dies

19 year old Hannah Kelley.

Americans love their guns, there’s no doubt about that. It’s something I don’t understand. Americans who are in favour of guns say that they keep you safe, but I keep hearing about people who have been accidentally shot, or someone unhinged “going postal”.

This latest tragedy takes place in St. Petersburg, Florida. Investigators have said that on February 12th Moises Zambrana was showing his gun in a small closet to another church member interested in buying a firearm, when it accidentally went off and 19 year old Hannah was shot in the head. She died yesterday at Bayfront Medical Center. Very sad. Read more here.....

Read my other postings on gun violence here and here.

Monday, February 13, 2012

American Government Attempting To Dictate Rules To Canadian Banks

The U S Government, through the Volcker rule, is attempting to regular how Canadian banks do business both within Canada and with Canada’s other trading partners around the world.

The Volcker rule is named after former Federal Reserve chairman Paul Volcker, who was commissioned by the White House to come up with U.S. financial reforms.

The reforms aim to lower the exposure of banks holding personal and business cash deposits to the risks from speculative trading for their own profit, something known as proprietary trading.Those deposits, to a large extent, are insured by the U.S. taxpayers.

Risky bets by big global banks forced the U.S. government to bail out the American banking system in 2008.”

Someone should remind the Americans that Canada is not part of the U.S. If the American Government want rules about financial reforms that affect American banks that’s fine, but they should not include foreign banks.