World Leaders Gather in Toronto for "Pity Party"

(Bob the Beaver is excited about the official launch of the CFP - Canadian Federalist Party on Canada Day - July 1, 2010. Bob will be celebrating by travelling down Ontario's beautiful Madawaska River.)

Downtown Toronto is damned up like an over-populated lily pond as the G20 political leaders search for floating logs as they drown in debt.

In fact, about all they are expected to accomplish is to eat and drink so much that they will get stomach cramps and drown themselves. They just don't seem to realize that the solution to the global economic mess rests with China and the USA.

The fact that $trillions have been stuffed into the global economy will not make things more viable. Money has value when it is scarce - not when it is plentiful. There is an unlimited supply of electrons pretending they are money in the global banking and financial systems. At present, the number of electrons held by each country has mushroomed out of control and a new balance is needed.

The most significant balance is between China and the USA. Once they work out a balanced currency relationship, then everyone else can line up with them.

The USA needs to increase its' exports by having a cheap dollar value for its' goods and services. But to export stuff, it needs to make stuff the rest of the world wants. They haven't figured this part of the puzzle out yet, so their economy is not going in the right direction yet. This could take another 3 to 5 years.

China's problem is that they need to buy foreign natural resources. They need their currency to go up so that they can get more goods for their Yuan. While they held $trillions of over-valued $USA, they bought up vast tracts of natural resources and land all over the world. But now that this money has been spent, they need a new plan to balance trade with the USA.

Once these two countries find a workable balance, then the rest of the world's economies can get back into the game. Unfortunately, the Euro currency countries won't have much say and will have to wait for the giants plus emerging economies like India to get their economies rolling again.

The New World Economic Order will be focussed upon sourcing natural resources and energy supplies, both of which Canada has and what most other countries will want. The key for Canadians is that we need to conserve our natural resources and not get pulled into price wars for natural resources.

During the next five years, Canadians should be taking stock of what we have and plan for our future in this century. Us beavers have been diligently doing this planning as you can see at the CFP - Canadian Federalist Party website at http://www.canadianfederalistparty.com/ .

Keep you heads above water!

"Bob the Beaver"

Casino Bets Lower Risk than Stocks!

The media announced that with computerized stock buying and selling programmes trading shares in nano-seconds, regulators are calling for limits to speed of trading shares.

They noted that even race cars have engine limits for safety reasons. Obviously they feel that the world's stock markets aren't safe places anymore for peoples' savings and investments.

Only 20 years ago, stock values had some relationship to the actual values of company assets and equity. Nowadays, interim stock values are pretty much based upon the future cash flows and earnings guestimated by company managers and speculators.

But, instant values of stocks are not even based upon guestimates, they are based upon mathematical models that use probability theories about how many people will invest how much each time a stock begins to go up or down. This makes the 32 to 1 odds on a roulette wheel number look very attractive indeed!

But this isn't really what this blog is all about. It is about our government limiting us to invest our retirement savings in stock market RRSP's. These are extremely risky investments nowadays and many retirement investors have had their savings almost wiped out.

The government is limiting us to invest in the electron manipulation game of stock markets instead of offering us solid investments with hard intrinsic value. Land, property, gold and other precious metals are hard intrinsic investments. Portable intrinsic value investments could be held on our behalf by government. Our property and land could be held by us.

Canadians should be writing to the Minister of Finance and all their parliamentarians to get the rules changed. We should be allowed to transfer RRSP investment funds, tax free, directly into our mortgage principle.

In this way Canadians will have some control over our retirement wealth risk. We won't be easily victimized by financial speculators, incompetent stockbrokers, investment bankers and bank lenders.

The financial community is greatly tarnished and no longer deserves our unswerving confidence. (Did you know that American Bank reporting rules were changed in 2006 and allowed them to legally over-state their net worth by more than 100%?)

Canadians need to be protected. We need to be immediately permitted to transfer our RRSP's to fully pay down our mortgages without penalties from the Banks or the government.

Consumer debt includes our mortgages. Canadians need to reduce our debts to be able to fund our way into the future. RRSP's fund nothing but speculation.

Get off your tails Canada! Make some noise.

Keep your tails in the water.

Bob the Beaver

Budget Bludgeon

Whooee! Cough, Cough, Cough!

With all the smoke and mirrors, we can't help but be choked by this new federal budget.

With 33 blatant and generalized nice sounding "motherhood" statements in the Throne Speach, the 2010 Budget intoduced the next day in parliament served up more pablum than a 20 pound baby beaver could eat.

The only positive note was that the Conservatives are finally increasing their estimated budget deficits to the levels the CFP - Canadian Federalist Party forecast 12 month's ago.

Basically, we have no one holding the tiller on our ship of state as it is swamped by the international and US based monetary scandal.

The tricky language used by the political "spin-men" and government bureaucrats says things like "There will be a $3.2 billion personal income tax relief." What they mean to say is that since unemployment is going up, and EI is running out for hundreds of thousands of beavers, and since people are being transferred into contract jobs instead of full-time jobs, then incomes of the 17.5 million taxpayers are going down, so they will collect $3.2 billion less personal tax.

But since the new HST will baloon "provincial" revenues, the federal wing of the party has nothing to say.

The military cost reduction sounds nice financially, but it is merely a preposterous self-gratification and self-serving numbers game where the government takes credit for cutting the military budget increase from 8% a year to 4% a year. Duh, if you aint got the money, how can you take credit for not spending more?

Even the bureaucracy savings they mention are pure gass from under their beaver tails. The public sector is still guaranteed a 1.5% pay raise each year, while the rest of us in the private sector lose jobs by the thousands, take pay cuts, and take lower paying jobs!

The Treasury Department is supposed to be doing a full department by department review and then recommend cutting out low priority programmes. Do you really think this will amount to anything significant? Heck, just prohibit all but basic expense accounts for all government workers. The vast majority of beavers don't have an expense account to do their jobs, so why should government workers?

But the thing you didn't see in the Budget, or in mainstream media, is the debt each taxpayer is accumulating. Before the recession, each taxpayer was responsible for $26,500 of the federal debt.(I haven't looked up the provincial debt load yet.) With these recession budgets, in three more years our debt will grow $9000 each, to a whopping $35,500!

Government debt will soon cost $41 billion in interest payments each year and interest rates are bound to rise 50% during this same period.

Well, if our family of 4 taxpayers absorbes $142,000 more debt, ($35,500 x 4), to our balance sheet, we are truly "Up the creek without a paddle!"

The tragedy of all this is that the government knows they are going to plunge us further and further into debt until at least 2015. The plans they have come up with do not make any sense in the short or long term. The have no idea how to discipline our spending and begin investing where it will have the greatest positive impact upon the growth of our economy!

There is a naive misunderstanding that our middle classes will bail them out sometime in the future, and provide an unending growth in prosperity for government workers regardless of our economic health.

In spite of numerous missives directly to our political and government leaders, with solid recommendations on how to help grow the wealth of our middle classes, they are blindly drifting towards the waterfall.

You and I and everyone else with an iota of "common sense" knows that our country will prosper as the middle class prospers. We need to stop growing government, let it shrink quite a bit, and start helping the middle classes to get out of debt.

There are literaly a dozen excellent ways to do this. The question really is "Why won't the government transfer money directly to us instead of filtering it through thousands of government agencies and workers?" They have chosen to ignore the fact that all their resource revenues belong to you and me. They have chosen to ignore the fact that we deserve a say in how are taxes are used. They have chosen to ignore the fact that we aren't stupid. etc. etc.

Well that's enough insight for now. Watch for the brand new CFP website coming on-line sometime in March 2010 at: www.canadianfederalistparty.com .

Keep your tails in the water!

Bob the Beaver

"Golden Goal"

"Golden Goal" blasts Canadian beavers to the moon!

Well I'll tell you there were a lot of wet pants beavers when the yankee doodles scored in the last seconds of the biggest hockey game of this century. But, Superbeaver, Sidney Crosby, lifted our sagging Canadian spirits through the clouds on Gold Sunday, at the 2010 Olympics in Vancouver.

Canadian nationalism has finally broken out of the closet. Following years of political embarassment, and international disinterest, Canadian beavers got our days in the spotlight. Even Canadian beaver athletes who won secondary or no medals at all became Canadian heros during these Olympic Games. Legends were born.

Perhaps one of the more telling stories was the low profile of our political party leaders throughout the games. Our apparently bookish prime minister wasn't even mentioned as the cameraman focussed on him and Wayne Gretsky at a hockey game. Later the camera did focus on the PM doing rather awkward and stiff "high-fives" with reluctant spectators sitting nearby. The charisma of ordinary Canadians, winning or even losing medals, far excelled the spontaneity or leadership attributes of our PM.

Mr. Harper may be a mastermind of politics, but I don't think Canadian beavers would follow him onto the ice, never mind into a real battle.

Did you see the media scramble to recognize our nationalistic spirit? Hey guys -where have you been living? Canadians have always had a very deep seated nationalism. It has been your tactics of putting down every one who isn't a celebrity, or member of the media, that has made us bury our feelings below the water line.

Did you see Lloyd Robertson make his "revelation" that we do indeed have a nationalistic spirit? Duh - Lloyd, you have been watching yourself too much on TV! Did you notice his patronizing manner of handing over a piece of his broadcasting mantle to Brian Williams? Unfortunately, Canadian media has assumed an elitist role in our country and Canadians find them out-of-order and presumptuous.

Hopefully, this Olympic games will encourage our media to stop interviewing each other and start getting to meet and discover real Canadians and their values, beliefs and common sense.

Now that we are all back to work, and have got our feet firmly back on the ground, I'm hoping there are lots of Beavers out there who want to change the politics of this country.

The CFP, Canadian Federalist Party, is launching its' virtual web site this month at: http://www.canadianfederalistparty.com/ . Remember to check it out and get involved.

Hey Canada - "We Believe" - How about you?

Bob the Beaver

PEROGUE -- to Buy Time?

In January 2010, Canada's dysfunctional parliament was shut down until after the Winter Olympic Games. This was apparently a wise move by Primus Beaverus, Stevie Harper, as the bungling Liberal opposition was about to trip onto an election beaver -trap.

The Conservatives were smart to close the lodge doors because they had run out of ideas for legislation that would turn around the economy that would make the bureaucrats and the establishement richer. The only policies left would help the poor and increase the size and wealth of the middle classes.

Also, after the possible Canadian mania and frenzy over winning a Gold medal at home during the Olympics, the Conservatives will be able to brag and boast how they made it happen. They will then be ready for an election.

By the way. Bob the Beaver sent a 16 page macro-economic report to all the party leaders last February. He pointed out on page 15 that the deficit would exceed $50 billion, not the $27 billion the government was telling people in January. Low and behold, in June the government admitted the deficit would exceed $50 billion in 2009.

Bob has been working hard to create Canada's first "Virtual" political party, the CFP - Canadian Federalist Party. The new website: www.canadianfederalistparty.com should be on-line right after the Olympics.

This is a "grass-roots" party representing average nationalistic Canadians who will be able to provide all sorts of input to the party's policies and discussion papers.

Hopefully, there will be enough members to officially register the CFP in 2012 and even run candidates by 2015. Don't worry about the long start-up, as this is actually a very serious project with a vision for Canada over the next 100 years!

The CFP is a party for this century, but it will take some time to overthrow the firmly entrenched old parties.

If you like what you are hearing, then be sure to let your social network in on this revolutionary new concept for Canada's future. Canadians can now have realistic hopes for our future, and the future of our kids and grandchildren. The job has begun!

Don't chew on the deadwood!

Bob the Beaver

Yanks Giving Us The "Goldfinger"?

Well, I'll tell you, "It sure is weird that my few RRSP's gold shares and gold funds keep going up and then are shot down." The price of gold on the "free" market is doing the same thing.

It makes one think that maybe someone is manipulating gold prices just like those crooks were doing with oil prices in 2007 and 2008. I guess the yanks like to think of their dollar being the only currency in the world worth anything. Maybe this is why they are giving us all the "goldfinger"?

Even Mr. Big Beaver Buffet can't understand why the yankee dollar isn't sinking to the bottom of the pond. But I'm not so sure we should be paying attention to the mental meanderings of a gazillionaire who lost $25 billion last year.

In the USA, there are lots of rich Americanos trying to hold gold down so that Buffet doesn't make back his $25b. But I think it will be rogue states and individual billionaires who are forced into abandoning their US currency loyalties who will eventually drive gold up.

As long as the USA can print money with no apparent inflationary spiral effect, their government will continue to buy gold to hold its value down. The day the world becomes drunk on US dollars, and stops ordering more, will be the day gold seeks its' own ceiling.

Anyway, it sure is amusing to sit back and watch all these fat cat bullies scurrying around trying to protect their fortunes. I ain't got a fortune to lose, so I guess I'm sitting pretty on a stump!

Bob the Beaver

Money's Going Into the Wrong End of the Whirlpool!

You ever score a goal on your own net? This is what the economic dodos are doing in Ottawa.

The economic chain is made up of the financial sector, the government sector, the business and service sectors and the consumer.

During the past 12 years, the consumers around the world have been working their tails off so that they can fulfill their destiny... consume, consume, consume!

But, the financial sector sharks got into an addictive feeding frenzy. Finally, they created so many trillion extra electrons in their computers that they couldn't pay their debts when some of the consumers couldn't pay for their consumption obesity.

But, when the government musc-rats heard about this they only saw their friends at the country clubs and fine hotel dinning rooms crying. They then offered to help these big bankers and businessmen who told the muscrats that by helping them, they would restore the economy.

Whoa! Any beaver with a Canadian education can tell you that it is the financial foxes and business bulls who manipulated the economy for their own benefit in the first place. These are the bad guys!

The beavers are now in big trouble in the USA and many other countries. Canadian beavers are also in trouble as their retirement savings have plummeted in value, their homes are sliding down the rapids, and their credit card interest rates have been increased to the formerly illegal usurious rate of 28%. Also, the babyboomer beavers are closing in on retirement and only 14% will have enough money to retire. The other 86% will be impoverished within 6 years of retirement!

Duh! Isn't it obvious that by pouring money into the top end of the economic whirlpool, nothing will come out the other end? Isn't it obvious that the way to fix this mess is to improve the financial balance sheets of beaver families and consumers?

It looks to me that the economic dodo birds got it backwards by recommending "Supply-side" fiscal policies. No - the fast and only solution is to follow the economic Owls who recommend "Demand-side" fiscal policies.

The federal, provincial and municipal muscrats need to get the puck down to the other end of the rink. Then we'll score lots of goals.

By the way, me and my beaver friends have lots of successful offensive plays if anyone is interested.

Bob the Beaver