Cheapshot @ 1950

I read the article about Canada’s health care disaster. I also read a bunch of the comments that followed. Here are the first few of many:

This article is a typical example of ideologically motivated trash comming from the US that leaves most Canadians completely cold. We are proud of our system and the last thing a very big majority of Canadians (as all polls show) want is a US style health sytem. Mr Morris, why talk incorrectly about other countries when there is plenty to discuss in the US.
BY CHRIS MALONE on 11/04/2009 at 10:36
As noted above, Canadians are very happy with our system. There is always room for improvement, but there is no call among Canadians for a massive overhaul of our system so that is more like that of the United States. Mr. Morris, please stop trying to drag Canada and Canadians into your domestic issues. If you can’t make an argument in defense of your curret system staying as it is on its current merits, then obviously you have no argument. Don’t meddle in the affairs of Canadians.
BY ART CRAMER on 11/04/2009 at 11:02
I wonder how long it took him to make this up. Since 2005, an increasing number of doctors have moved to Canada to practice medicine. In fact, we have seen a net loss of physicians to Canada. Fierce opposition? I’m still waiting for the first republican pundit to actually use facts, rather than just manufacturing talking points to advance their political agenda?
BY BEN NORTON on 11/04/2009 at 11:28
Mr. Morris writes”A recent survey of doctors by the Pew Institute found that 45 percent of all practicing doctors would consider retiring or closing their practices if the Obama healthcare bill passes.”Curiously, he provides no hyperlink to this survey. I cannot find reference to any such poll from the Pew Institute. This figure does come directly from an Investor’s Business Daily article concerning a poll that they conducted privately:http: //www.investors.com/NewsAndAnalysis /Article.aspx?id=506199″Four of nine doctors, or 45%, said they ‘would consider leaving their practice or taking an early retirement’ if Congress passes the plan the Democratic majority and White House have in mind.”IBD provides no methodology concerning this poll, which was conducted by mail, and there is no indication about the response rate or even how the questions were worded.If Mr. Morris cannot properly reference the source for his empirical data, I’m led to believe that he is simply promoting his personal agenda with little regard to social reality. I find his argument that we should refrain from attempting to provide health care to the millions of uninsured Americans because we don’t have the doctors to treat them both callous and ridiculous at the same time. If this “problem” represented a true concern, I would expect him to promote policies which seek to make our health care system stronger, not weaker.
BY RAIG PRIGHT on 11/04/2009 at 11:41
Curious about some of the other undocumented statistics in Mr. Morris’ commentary, I searched for evidence of the ratio of physicians to residents. According to the OECD data I found, Canada does rank 26th with a ration of 2.2 physicians per 1,000 residents. The United States has a ratio of 2.4, ranking 23rd. The countries with the highest ratios all have nationalized health care systems with universal coverage: Greece (5.4), Belgium (4.0), Netherlands (3.9), Norway (3.9) and Switzerland (3.9). So at this point I have little idea what Mr. Morris hopes to accomplish with his factoids. [OECD data from 2009 available at
tinyurl.com/yg3ufue

This looks Interesting

PHYS: Now You Can Store Your Gold in CanadaFebruary 27, 2010 by Ron Rowland
Filed under Commentary, ETF IPOs (New ETFs), ETFs

Sprott Physical Gold Trust (PHYS), the latest physically backed gold exchange-traded product began trading yesterday (2/26/10) on the NYSE. The fund also applied for listing on the Toronto Stock Exchange under the symbol PHY, but it appears that Canadian trading has not yet commenced. The fund will be managed by Toronto-based Sprott Asset Management and will store its gold at the Royal Canadian Mint.

With the introduction of PHYS, investors can now choose between physically backed ETFs that safeguards gold bullion in Zurich, Canada, London, and US vaults. The fund’s new website does not contain much information at this time. The prospectus highlights the potential benefits of the offering, which include:

Ability to Redeem Units for Physical Gold Bullion: Unit holders will have the ability, on a monthly basis, to redeem their units for physical gold bullion in a minimum of one bar (350 to 430 troy ounces) for a redemption price equal to 100% of the NAV minus expenses.

Storage at the Royal Canadian Mint: The Trust’s physical gold bullion will be fully allocated and stored at the Royal Canadian Mint.

Potential Tax Advantage For U.S. Investors: Any gains realized on the sale of units for U.S. federal income tax purposes, may be taxable as long-term capital gains (at a maximum rate of 15% under current law, compared to a long-term capital gains tax rate of 28% applicable to physical gold bullion and other “collectibles”), provided that such U.S. investor has made a timely and valid Qualified Electing Fund election with respect to the units. Note: I recommend consulting a qualified tax specialist if you are relying on this claim.

PHYS will have expenses capped at 0.65%, making it more expensive than its major competitors. PHYS traded more than four million shares on Friday and closed at $9.59. This means each unit worth less than 1/100 of an ounce. Its three prime competitors are:

■SPDR Gold Shares (GLD), expense ratio = 0.40% (overview)
■iShares COMEX Gold Trust (IAU), expense ratio = 0.40% (summary) (IAU article)
■ETFS Physical Swiss Gold Shares (SGOL), expense ratio = 0.39% (summary) (launch article)
In related news, Eric Sprott, CEO of Sprott Asset Management, purchased 8 million units of the new fund as part of the IPO. It’s nice to see that management believes in the product.

Disclosure covering writer, editor, and publisher: Long GLD. No positions in any of the companies or ETF sponsors mentioned. No income, revenue, or other compensation (either directly or indirectly) received from, or on behalf of, any of the companies or ETF sponsors mentioned.

Kinross and the Ruskies

Mr. Tye Burt reports

KINROSS APPOINTED TO RUSSIAN GOVERNMENT ADVISORY COUNCIL ON FOREIGN INVESTMENT

The Ministry of Economic Development of the Russian Federation has appointed Kinross Gold Corp. to Russia’s Foreign Investment Advisory Council (FIAC).

FIAC was established in 1994 to assist Russia in forging and promoting a favourable investment climate based on global expertise and the experience of international companies operating in Russia. FIAC functions on the basis of direct dialogue between the chief executives of investor companies and the Russian government, with a focus on the crucial aspects of fostering a healthy investment climate.

The council is chaired by Russian Prime Minister Vladimir Putin and includes chief executive officers from 42 companies. Kinross is the only Canadian company to be named to the council.

“Kinross is honoured to be inducted into FIAC, which we view as an endorsement by the Russian government of our status as a valued investor,” said Tye Burt. “By working directly with the Russian government at a high level, the council reinforces the government’s ongoing efforts to improve Russia’s investment environment. We look forward to playing an active role in advancing this shared goal.”

Kinross has been active in Russia since 1995. The company currently operates the Kupol gold-silver mine in the Chukotka region of Russia through the Chukotka Mining and Geological Company (CMGC), which is owned 75 per cent by Kinross and 25 per cent by the Chukotka government. Kinross is the largest Canadian investor in the Russian Federation.

J.S. Bach - Air on the G String

www.youtube.com/watch?v=qOVwokQnV4M

Obama to Seek New Assault Weapons Ban

http://abcnews.go.com/Politics/story?id=6960824&page=1

Sinbad

We have 6 full blown highly intelligent and caring RN’s right in our group…and they are thinking and conversing there pretty little heads off for 2 weeks now….All II have to do is build the facility..and I will have one built…bet on it

The Jekyll Island Club Pictures

http://www.economicpolicyjournal.com/2010/02/jekyll-island-club-pictures.html

Irish-

I have statistical data for Alzheimer and LTC costs. When I get to the office, I will post links to some articles I had published on Long Term Care and Universal Design. They are not all on our website, Look forward to discussing plans for your new venture. Will staffing be an issue=r have you gotten that far yet? Give the Jamaican my best when you see him-best what is up to your interpretation.

Fullgold

What will the world look like in 2014….To put it mildly …a mess …and still a couple years from good men being able to put some pieces back together…What we can do is to keep ourselves healthy as we can …exercise…keep a good frame of mind ..and reach out to others that deserve it…I have my own set of values on that issue…

Peter Schiff

you tube     West Hartford Part 1    http://www.youtube.com/watch?v=n_PQgr93QZk&feature=related

all

NO NO INFLATION …I JUST CHECKED ASSISTED LIVING AND NURSING HOME COSTS WOW
The cost in U.S was 76,000 per year in 2002 now in 2010 $ 123,000 and projected to $205,000 by 2020
For Christ sake that is riduculous….absolutely uncalled for…..

aurum

Well, how about best shots of today’s sunrise?  Three hours of skiing in the moonlight, worked up a good sweat to arrive at this spot in time for sunrise.  The moon disappeared behind a bank of clouds to the west, so no shots of it.

26465.jpg26467.jpg26468.jpg264711.jpg26475.jpg

264771.jpg264821.jpg264791.jpg26490.jpg264831.jpg

26489.jpg264861.jpg264872.jpg26498.jpg26499.jpg

26514.jpg26512.jpg26520.jpg26526.jpg26523.jpg  *GB

Bach’s “Air on a G String” for me.

Unbeatable.  Timeless.

Well

no one has some music in the competition

or a chart to argue.

goodnight.

aurum

Tara

my daughter thinks her song is best - even against Fred who was very great.

Vote.

aurum

mine as you know

www.youtube.com/watch?v=gmDWvGKLzBE

Wonder what the world will be like

…when the next winter games come along in Russia 2014 ?

Good Series of HBO movies

John Adams,,,shows some of the strugles beween Jefferson and Hamilton,,,I feel Hamilton planted the seeds of our over reaching Federal Gov and Central bank,,, while one of Jeffersons strengths was holding to States Rights

Tara’s Best

www.youtube.com/watch?v=IXdNnw99-Ic

aurum

Equiz./..dont rub it in eh ?

….USA is still a great country going thru some tough times…

…They are passionate people …and they will bounce back…once they get rid of the criminals..

…Meanwhile their Athletes are the Best…Most Medals at any Olympics ever….!

aurum re: Fred

Bummer!  He’s all I’ve got.  Out of the comp so quickly…  :-)

Fred

As much as I like Fred - not the the best.

aurum

Florida…..Yawn

…let me know when they lose a Trillion….

…Billions are Passe…

…its the age of Trillions !

aurum re: best ever

If I may, I’ll throw my hat in the ring with this one, arguably the best percussionist in recorded history:

fred-astaire.jpg   *GB

Fannie Posts $72 Billion Loss for ‘09

Fannie Posts $72 Billion Loss for ‘09

Fannie Mae reported a staggering $72 billion net loss for 2009, underscoring the challenges that still face the nation’s largest mortgage financier and offering more grim news for taxpayers who may ultimately pick up the bill.

The Washington-based company posted a $15.2 billion fourth-quarter loss and said it asked the U.S. Treasury for another $15.3 billion to stay afloat, bringing its total bailout tab past $76 billion. The quarterly results were an improvement from the year-ago period, when Fannie reported a $25.2 billion loss, but the annual loss surpassed the year-earlier loss of $58.7 billion.

http://online.wsj.com/article/SB10001424052748703940704575089983572747598.html?mod=WSJ_hpp_sections_business