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Recent Posts
- The Vision Behind a New Billcara.com Website. May 25, 2023
- Resumption of interest in Copperminers and Dr. Copper. May 19, 2023
- My Jim O’Shaughnessy mantra May 11, 2023
- Managing Cash or Near-Cash May 10, 2023
- Introducing the Trader Wizard’s Investment Club (TWIC) May 9, 2023
- The Hindenburg attacks on Icahn and Adani Group are signals the top is near. May 3, 2023
- Interesting question: What is Stakeholder Capitalism? April 26, 2023
DeSantis Declares. From 1440: Florida Gov. Ron DeSantis (R) made his long-anticipated jump into the 2024 presidential race yesterday, making the announcement in a livestreamed conversation with Twitter CEO Elon Musk. DeSantis has positioned his campaign as focused on conservative populism with an emphasis on effective governing and joins a field of seven other candidates seeking the Republican nomination (see list). Former President Donald Trump, whose campaign began in November, currently leads DeSantis by more than 30 points in primary polls taken before last night’s announcement. Separate polling suggested DeSantis is the second choice for roughly half of voters ranking Trump as their preferred candidate. Reports suggest… Read more »
Dangers of Social Media. 1440 reported: Social Media AdvisoryUS Surgeon General Vivek Murthy issued an advisory yesterday on the potential dangers of social media for children, highlighting its negative impact on mental health and overall well-being. The report focused on children and teenagers aged 10 to 19, whose developing brains are particularly vulnerable. While social media can be beneficial as a creative outlet, studies show excessive social media use is linked to problems such as cyberbullying, exposure to harmful content, disrupted sleep patterns, negative body image, and reduced physical activity. Spending more than three hours per day on social media was found to double the risk of symptoms related… Read more »
So very sad… https://syndication.bleacherreport.com/amp/10076635-micky-geller-dies-at-age-18-water-skier-won-ncaa-championship-with-ull-in-2022.amp.html
Possible Trump obstruction charges. The name Trump is the last thing I want to hear or write about. But I am beginning to think there will be a criminal prosecution in the Mar-a-Lago documents case. If that were to happen, in this case or another, and Trump was sent to prison; it would shock people worldwide and cause a total change in GOP politics. https://www.msn.com/en-ca/news/other/george-conway-says-donald-trump-will-go-to-prison-over-obstruction/ar-AA1byIAQ I have always supported conservatism (as long as it is fair to society), and in doing so, I have been attracted to the policies of the GOP in America and the Conservative Party of Canada.… Read more »
Things we should know more about: https://www.linkedin.com/posts/racheltobac_heres-how-i-used-ai-to-clone-a-60-minutes-ugcPost-7066482504915943424-mf7d/ This one concerns me because yesterday, a friend told me of a family member who was scammed most ingeniously. The individual received a phone call to say their credit card had been compromised. They were urged to immediately call the number on the back of the card to clear up the problem. Thinking that no confidential information had been given to the caller and there would be no harm in checking, the individual called the correct number and gave their credit card details to the credit card company, only to find nothing wrong… Read more »
For every Wall Street criminal Bill relentlessly chased…. https://youtu.be/sA0glbG6c-8
oh thanks baz LOL
A shift to DeSantis. From Newsweek. A top GOP donor who previously backed Donald Trump has announced that he will be supporting Ron DeSantis in the 2024 Election.Hal Lambert, founder and CEO of Texas-based Point Bridge Capital, said he wants to “do a lot to help DeSantis win” amid strong speculation the Florida governor will confirm his presidential campaign in the coming days.Lambert, who set up an exchange-traded fund named after the former president’s Make America Great Again 2016 campaign slogan, MAGA ETF, and previously served on Trump’s inaugural committee in 2016, told the New York Post that he decided to back DeSantis after meeting with him… Read more »
Two examples of symbolism. From CNN: Ukrainian President Volodymyr Zelensky compared the damage in the eastern city of Bakhmut to the destruction wrought on Hiroshima after it was hit by an atomic bomb, as he denied Russia had captured the frontline city. Zelensky’s comments came days after the chief of the Russian mercenary group Wagner claimed that his fighters had seized Bakhmut — a statement met with counterclaims from Ukraine. If confirmed, the capture of Bakhmut would mark Russia’s first gain in months, but the city’s symbolism always outweighed its strategic importance. Moscow has thrown huge amounts of manpower, weaponry and attention toward the city but… Read more »
The tragedy of eye drop deaths. 1440 media tells the tragic story for the US, but how big is this problem worldwide? A fourth person has died from an infection arising from contaminated eye drops, officials reported over the weekend, the latest in a multistate outbreak that includes at least 14 cases of vision loss and four instances of surgical eye removal. The products in question—EzriCare or Delsam Pharma’s Artificial Tears—were both manufactured in a plant in southern India. Clinical samples suggest the eye drops may have been contaminated with a drug-resistant strain of the bacteria Pseudomonas aeruginosa, which may cause severe inflammation of the… Read more »
Victoria Day holiday in (parts of) Canada today. The Toronto Stock Exchange is closed today, Victoria Day, not on the US Memorial Day holiday. There is no good reason for this difference in holiday dates. When politicians are boastful of billions of dollars of daily cross-border trade, think about this week’s unnecessary inefficiencies. It’s unnecessary because (1) if you ask them, not 1% of Canadians know who Victoria is, although some might understand that she was the Queen of England in a past century, and (2) they don’t know Victoria Day is a statutory holiday only in three of ten… Read more »
Florida Panther hockey team continues its quest for the Stanley Cup.
Congrats to team leader Matthew Tkachuk who scored just seconds before the end of the 4th overtime period to beat the Carolina Hurricanes 3-2.
This was the sixth-longest hockey game in NHL history. I went to bed after two overtime periods. I think so too did half the audience in the arena!
Life under WEF control. For decades I have railed against Public Private Partnerships as the slippery slope to our loss of freedom. The cross-over individuals and organizations — BlackRock, Larry Fink, Mark Carney, Al Gore, and their kind that populates the WEF membership — enrich themselves with hands in both pockets. They go where the money is. The rest of us pay the bills while the rich get richer. Articles like this one by Doomberg address the futility of our situation. The takeover of our capital markets (and democratic system) is what irks me. This is another warning. Open in… Read more »
WEF must be stopped asap.
Peterson and Ramaswamy.
This 100-minute video of a discussion between Jordan Peterson and Vivek Ramaswamy introduces the way that government and corporate power merged over a dozen years since the collapse of the global financial system in 2008, creating a new society that opposes the rights of the individual, including their right to financial independence and free capital markets.
Ramaswamy points out the actions taken by governments, central banks, Humongous Bank & Broker, and certain capital managers to replace individual rights for acceptance of their ‘for the greater good’ wokeism concepts like Climate Change, Diversity, BLM, Covid management, Build Back Better, and ESG.
I addressed this matter recently in the following article: https://www.billcara.com/help-you-invest/interesting-question-what-is-stakeholder-capitalism/
Peterson and Schiff.
This 100-minute video of a discussion between Jordan Peterson and Peter Schiff introduces a concept foreign to those who control your independence, which is the simple truth.
Understanding fact-based truth and ignoring sell-side narratives is the first step to financial independence and free capital markets.
Schiff talks about inflation being a tool of government to generate taxes and change policies the public does not want but become convinced are necessary. This truth is the basis of my investment beliefs, decisions, and writing for the past twenty years.
There is a lot of love in the world today.
There are 2.2 billion mothers in the world, and we and all our children come from one.
So let’s celebrate Happy Mother’s Day.
Today is the busiest day for restaurants, but my wife Pat refused to celebrate that way her entire life. She never wanted a mother to have to work on Mother’s Day.
Heads-up on the changes to come at billcara.com.
Since we are in our 20th year, I decided this site needs to be improved, and my email system and domain management must be fixed or upgraded, so there are big changes in the works.
I have been looking for a website developer and manager who can submit a proposal that knocks my socks off regarding its creativity and modernness. Any interest?
The NHL playoff exit by Toronto Maple Leafs frees up my time now. As a college student in a group heading down to Fort Lauderdale, we pulled into an off-highway bar to watch the Stanley Cup-winning game on May 2, 1967, the last one for the Leafs. That was 56 years ago, and I have been a Leaf fan for about 70 years, so of course, I am disappointed they exited the playoffs last evening. I liked the team this year. I figure they were the league’s third-best of 32. They entertained me, which is why I watched every game.… Read more »
CNN Town Hall with Trump. Everybody here must know that I think Trump is a despicable, pathological liar. And fraudster. A loser. So, I was surprised he wanted to accept the CNN invitation to an internationally televised Town Hall. Most people thought he would be laughable. During the Q&A, CNN’s Kaitlan Collins proved herself the consummate professional. I doubt that any of her peers could have done a better job… Maybe the Dems should recruit her? But at the end of the show, and all the way through it, I have one word to say who won: TRUMP! The man… Read more »
I am also excited that my Toronto Maple Leafs won tonight to avoid a clean sweep.
So maybe I’m not thinking right. 😟
Yes, he told lies, one after another, throughout the entire show. Most politicians do. I am only concluding my opinion that he won this show.
Would I vote for him? No. Would I vote for Biden? No.
But I would vote for the policies he talked about tonight.
Worth reading. I can’t argue with any of it. Trump is a despicable human being, but he won. America seems to love winners regardless of the costs. This one cost CNN and those of us conservatives who want his policies but who also want him in prison. The Moment That You KnewWhat CNN’s disastrous town hall showed us.Charlie SykesMay 11, 2023Critics had worried that giving the indicted, twice-impeached, coup-plotting, chronically lying sexual predator an unedited, live television forum might turn out badly.However, the reality was far ghastlier: a sh*tshow for the ages and a moment that captured the thorough degradation… Read more »
THE BILLION-DOLLAR PONZI SCHEME THAT HOOKED WARREN BUFFETT AND THE U.S. TREASURY
How a small-town auto mechanic peddling a green-energy breakthrough pulled off a massive scam
https://www.theatlantic.com/magazine/archive/2023/06/dc-solar-power-ponzi-scheme-scandal/673782/
Punxsutawney Siegel
Hey, they both come from Pennsylvania, and every time I watch Professor Siegel predict the economy or the market or whatever on CNBC — as I just did over lunch — I think of Punxsutawney Phil.
Today the Prof told his audience that maybe the US will have a recession, and maybe it will be mild. And I’m thinking, what does Phil have to say?
Now, back to work.
The deceit of US Congressman George Santos was revealed in criminal charges.
https://www.cbc.ca/news/world/us-congress-santos-charges-1.6838223
Just 18.1% of Financial Advisors are women, a figure that must increase. When I started in the business on Jan. 2, 1981, there were very few women FAs. The women worked in administrative positions. There were almost no racial minorities in any role, but that is another story. When I started Canaccord in Eastern Canada in 1986, I admit to hiring no women as FAs. I didn’t know any, and none were applying for a job. However, almost all the assistant FAs, back office, and administrative staff I hired were women. Today, the percentage of women FAs is still short… Read more »
My expressed views on media.
I have been asking myself why I have become so cynical about media and realized that I have to do a much better job of pointing out which types of media and names of writers, in particular, I feel so distrustful about. There are many objective journalists I read, knowing I could never fill their shoes.
From 1440 media: Pulitzer Prize WinnersThe 2023 Pulitzer Prize winners were announced yesterday, with the Gold Medal for Public Service awarded to The Associated Press for its coverage of the war in Ukraine. The Los Angeles Times (Breaking News, paywall) was awarded for revealing a secretly recorded conversation among city officials that included racist comments, and the Wall Street Journal (Investigative Reporting) for revealing financial conflicts of interest among officials at 50 federal agencies. The Local Reporting award went to Mississippi Today for examining a former governor’s misuse of state welfare funds and to AL.com for exposing how an Alabama police force preyed on residents to inflate revenue. The Pulitzer… Read more »
Trudeau’s epic gaslighting. He claims he never forced anyone to get vaccinated.
We say politicians are liars because they are liars, but Justin Trudeau has taken lying to the next level.
He’s outdone Trump with this one.
https://www.foxnews.com/media/justin-trudeau-accused-rewriting-history-claiming-never-forced-anyone-get-vaccinated
https://www.youtube.com/watch?v=mlykQ2SlY5Q
From domesticshelters.org: In another tactic of power and control, abusive partners can use gaslighting to confuse and manipulate a survivor. This psychological abuse involves an abuser denying a survivor’s memories of an event, questioning their perception of reality, and accusing the survivor of “going crazy.”What Is the Definition of Gaslighting?Gaslighting in intimate partner relationships is a manipulative abuse tactic where a survivor begins to question their reality. This is done by the abuser questioning facts, denying the survivor’s memories, undermining their judgment, and bullying them into believing the abuser’s reality. Where Does the Term Gaslighting Come From?“Gaslighting” stems from a 1930’s play… Read more »
The most important and satisfying matter in our lives is to have people rely on us and to take the responsibility of giving them good reasons to.
I think about this every day.
I wish politicians and business leaders would do the same.