Mike's Daily Comment

Yikes! The Federal Culture of Entitlement

These numbers will shock you. StatsCan’s Chief Economic Analyst took a look at “sick days” etc of Federal employees to discover that employees are taking 26% of the year off. That’s not all, it’s worse than that….

…more on Government from Michael: Both Sides Don’t Trust the System

LazyEmployee

Civil Unrest in the Starting Blocks

In an interview this weekend Michelle Obama made it very clear that as far a she and the Democratic party are concerned the 95 million unemployed aren’t important. Social justice issues and global warming are what need attention. The fierce divide between the two parties appears insoluble and big trouble is sure to follow.

….also from Michael Campbell: Accelerated Harvesting of Tax Dollars

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Time To Make a Significant Change

Neil McIver Director of Wealth Mgmt with this Weeks Big Fat Idea which involves a tactical shift from one asset class to another to take advantage of, as well as protect yourself from imminent higher interest rates. Specific recommendations made.

….also this weeks Shocking Stat: Astonishingly Large Numbers Courtesy of Youtube 

higher-bank-rates

Surprising New Forecast For Mortgages

Ozzie on both the new mortgage rules and the BC Real Estate Association’s new forecast on where 5 year mortgage rates are going in the next year. Naturally Ozzie winds up with his Hot Properties

…also Live From the Trading Desk: It Was Time To Take Profits

mortgage

Accelerated Harvesting of Tax Dollars

A Quote of the Week to honor the boosting of taxes on properties, utilities, and incoming taxes on medical, dental and believe it or not, services like netflix!

….also Michael’s Saturday Editorial: Both Sides Don’t Trust the System

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