2/22/2012

I Live Here



and here



I'm proud of both.

Without this there is no money to make videos of pretty girls on horses.

2/17/2012

You Can't Put a Price on Love

It was Valentines Day.

Is it just me, or did we not just celebrate this last year?

Anyway I had the perfect gift picked out for Mrs. Solfest, Elton John tickets, ya baby. Why Elton John is coming to Red Deer is beyond me, but hey we'll take it.

Tickets went on sale a few days before Valentines, at 10:00 am sharp. Since I just sit here all day I can do that, be ready, ready to pounce.

Pounce I did, and.....nothing, sold out in seconds.

Now what? Not flowers again, she said she wanted an iPad, so let's have a look.

$519!!!!, what the .....

Hmmmmm how bout a Kindle Fire, ya a Kindle Fire, I hear they're just as good and they only cost $199.

Ya baby.

Amazon makes 1 cent on every dollar of revenue.

Apple makes 24 cents on every dollar of revenue.

Amazon obviously hates their shareholders and loves their customers.

Since I own shares in neither let's go with Amazon.

I know I know she bore your children, she's married to you, you cheap bastard.

Hey trades are scarce and I think the Kindle Fire is just as good if not better than the iPad. And, I found a review to prove it. Ok I ignored a few other reviews as well.

Anyway she'll be happy I'm sure.

One click at Amazon and I'm outa here.

Hey wait a tick, where is it? It's not here?

"The Kindle Fire is not yet available in Canada".

Come on man!

Valentines is today, not flowers again.

Now I'm desperate, the desperate middle aged dude that retailers love. The desperate middle aged dude that can pretty much buy anything, plastic required or not.

Ok, iPad it is.

You can't put a price on love?

Sure you can, $519 bucks.

2/16/2012

"Image is Everything"

A tennis player once said this in an ad, and regretted it afterwards. He was just reading script, but somehow it stuck to him and not the product. (a camera I think)

I think that quote may be right. If you think of the world we live in, the 24 hours news cycle, image is everything.

Or at least if you project the wrong image you stand to lose alot.

What on earth are you talking about Solfest? You are the guy who trades occasionally and rants constantly.


Is that my image?

The Ranting Trader?

I need an agency.

What got me thinking about this was an IPad on it's way to Alberta. The IPad starts it's journey in Chengdu, China, and right now it's in Shanghai where I suppose it's being loaded on a container ship.

The IPad as we all know is an Apple product. Everyone loves Apple.

There is another American company that imports stuff from China.

Wal-Mart.

Everyone hates Wal-Mart.

Why the difference?

Image is everything.

Apple builds products in China that nobody needs. We want them, most certainly, but nobody needs them. Not only do we not need them but I have found their actual performance rather wanting.

The Apple operating system is not user friendly and I find it very annoying to use. That said I don't use it much and I am used to Windows so maybe it's my problem and not theirs.

My daughter bought an IPhone a few months back and it's performance in 2 critical areas is also sub par. One being battery life, what's the point of a mobile device if it has to be continually plugged into the wall. The other is phone quality. Phone as in actually using the phone to talk to someone, yes people still do that.

I have a cheap cell phone and my daughter and I both use the same carrier, my phone never drops calls and you can understand what I'm saying on the phone. With the IPhone if the call doesn't drop completely I can't understand anything she is saying as the call quality is terrible.

It does have apps though.

In spite of all this Apple is the most successful company on earth right now. They make gobs of money and everyone loves them.

Banks used to make gobs of money and everyone hates them.

Wal-mart provides goods that we all need and use everyday. They provide them cheaper than most other retailers mainly because they buy in enormous quantities, have immaculate inventory control, and most of the products are produced in China.

Yet everyone hates Wal-Mart.

Why?

Image is everything.

Steve Jobs, as we have found out lately, was not a very nice man. What he was was a marketing genius. His company gouges us for things we don't need, things that are all built in China, and we all worship him for it.

Steve Jobs made Apple cool, and he either knew, or found out that people are willing to pay up for cool.

Image is everything.

Steve Jobs knew that and that was his real genius.

So Solfest if you're so smart why on earth are you buying a IPad?

Good question.

Since this post is too long I'll answer it tomorrow.

America





Is there anyone who can change the present course of action in America?

Yes.

Except he's not running for President.



With the economic power shift that is happening with America and China, Canada has to hedge her bets.

Cenovus Ships First Crude Oil to China

Harper Touts Canada's Energy Capibilities

2/14/2012

No Surrender

The fight must continue.

Ok, perhaps I need a Days Without Government Spending Rants counter to run along side the MUT counter.

I'm sorry, I just can't help myself.

Terence Corcoran: Keynesian meltdown

Terence Corcoran, National Post Feb 13, 2012

How Ontario’s ‘stimulus’ spending led to disaster

The fiscal mess in Ontario is now common knowledge across the country, thanks in part to a sensational report from the Conference Board of Canada demonstrating that unless the government slashes spending and/or raises taxes, health care and education will have to be decimated. The report was no surprise to people who tracked Premier Dalton McGuinty’s march into Keynesian fiscal stimulus spending. The surprise was the appearance of the Conference Board as the harbinger of doom.

Is this the same Conference Board that only two years ago, in March, 2010, awarded Ontario “a gold star for stimulus” spending, according to ReNew Canada magazine? The province’s massive deficit spending, announced in 2009, would be creating hundreds of thousands of jobs and adding to the provincial growth rate. According to the Conference Board’s 2010 report — commissioned by the Ontario government to document the impact of its multi-billion dollar Keynesian stimulus effort — the deficit spending on infrastructure would also boost productivity, offset the recession, and set the stage for recovery.

Two years later, the Conference Board returned to the scene of the crime to report that Ontario is in rough fiscal shape, growth isn’t happening, spending will have to be cut, taxes raised and the province needs “transformative changes.” Missing from the Conference Board report was any acknowledgement that Ontario might be sinking under the weight of the stimulus gold star the board had awarded the province.

Like most other economists who are now issuing alarming reports and projections that Ontario faces a future of perpetual deficits, slow growth and rising taxes, the Conference Board appears to be wilfully blind to the dead corpus of Keynesian economic policy that is behind Ontario’s plight — policy that they all endorsed as the province’s economic salvation.

The McGuinty Liberals cannot be expected to admit that the massive stimulus balloon — which began with a $19-billion deficit in 2009-10 and has since expanded to an $80-billion-and-climbing monster that appears to be beyond control — has been a misguided disaster carried out under the influence of the finest economic minds in the country, if not the world. If a U.S. President can go crazy with US$1.5-trillion deficits, why shouldn’t the Premier of Canada’s largest province ring up $100-billion in deficits?

At the Toronto Economic Club on Monday, Ontario Finance Minister Dwight Duncan was towing his Keynesian gold star around. “The McGuinty government, like many others, invested heavily in stimulus — building roads, bridges and other important infrastructure.” This spending allegedly protected and created jobs, and will make Ontario “more competitive.”

Nobody really expects politicians to know what impact their actions have on the economy. They do what the economists, the Bay Street and in-house variety, tell them will work. And what the economists told them, via the Conference Board, bank reports and other outlets, is that running up billions in deficits is the ethanol that will keep the engine of growth going.

That the forecasters and theorists turned out to be dead wrong comes back to haunt no one. In Ontario’s 2009 budget, the province predicted that its total debt would rise gently to just over 30% of the province’s gross domestic product before beginning a decline. GDP growth, according to a consensus of Keynesian private-sector economic modellers, would rise to 3.3%, in part under the stimulus helium provided by the deficits. As it turned out, within two years forecasts had turned sour. The new debt-to-GDP ratio looked set to top 40% (see graph above). What happened is (a) the deficits kept growing and (b) the forecast growth rates began to look a little rosy. Rates of 3% and 3.5% were expected, presumably the result of all the infrastructure spending and productivity gains. Now, however, the forecast average growth rate is said to be unlikely to exceed 2%.

If we can’t expect politicians to take the blame for following the Keynesian deficit-spending policies advocated by their economic advisors, shouldn’t we turn to the economic experts to get them to explain themselves? The same people who supported and advised the McGuinty Liberals — and the Obama Democrats, the Greek and Portuguese politicians, the French and Canadian governments — to run up spending to rescue the economy will spend the next decade telling governments how to get out of the mess they helped create.

Ontario’s current circumstances create a perfect opportunity to confront the economic establishment and lay blame for the fiscal disaster that is Ontario. Government spending has been soaring for years. It all looks good if growth rates stay strong. Where were the dire economic warnings through the last decade that the expansion in government activity cannot continue without hitting a wall?

A table on Ontario’s spending habits (above) captures the disconnect between the government and the people. While the personal income of the people dragged at 26% growth, government spending soared more than 60%.

On Wednesday, former TD Bank economist Don Drummond will deliver a set of tax and spending options to the McGuinty government, a road map on how the province can resolve its fiscal problems. It would be nice if Mr. Drummond also charted the Keynesian fallacies that got Ontario into this mess.



I was doing so good with my cold turkey no government rants allowed, then DT came by with a bottle and boom, I'm face down in the gutter.

2/13/2012

Me, Myself, and I

People in this world can do amazing things. They can sing, they can ski, they can ride a bike, etc.

Me, I can make 89 tick bars turn blue when 28 conditions are met on 3 different charts.


Hmmmm

Perhaps I should have aimed higher.




THE MAN WHO LIVED ON HIS BIKE from Guillaume Blanchet on Vimeo.