Monday, July 1, 2013

The Housing Bubble

Housing Bubble Logic Explained:
Bubble was fuelled to build homes that would not otherwise exist today (the construction of otherwise impossible to build social housing through "covert" capitalistic means).

 (click to read article)


 Most People Have No Idea of What It Took For Governments To Actually Pull This Off!
(Let Alone Why They Did It)

Investing Related - You Take The Risk, Yet Any Premium Earned For Doing So Is Pocketed By Your "Advisor" and the "Financial Services" Industry


(click to read article)

Fiduciary Duty of Credit Union CEOs: (correspondence regarding their moral and fiduciary duty to the credit union's member/owners - their ultimate employer)

Questions Asked at 2013 AGM (Vancity and Coast Capital):





I hope my credit union isn't guilty of this:

If this happens at B.C. credit unions, I wonder how much of their previously "earned" performance compensation (bonuses) the senior management will feel duty-bound to return to the credit union?

U.K.'s Co-op Bank agress to 1.5 'bail-in' rescue plan (click link)

If you are a credit union member, please, hold the credit union's leadership accountable.  Email and/or phone them, and ask them to explain the issues I've raised, and brought to their attention:

Vancity CEO - Tamara Vrooman
Coast Capital CEO - Tracy Redies
Envision Financial CEO - Launi Skinner
Prospera Credit Union CEO - Bruce Howell

Oilsands and LNG

You Don't Know What You Don't Know - The Oilsands: 

LNG - Supply greater than Demand! (click on link to read)

The Straight Goods: LNG Premium Price Downward Spiral (click on link to read)

Vaughn Palmer: B.C. Liberals under the gun on LNG (click on link to read)

The Straight Goods: LNG Spin Zone Unraveled, Uncomfortable Facts (click on link to read)

Will Any Politician, of Any Stripe, Ever Truly Step Up For Their Constituents, For Canadians?


Democracy and Capitalism