Saturday, August 12, 2023

Reflections and Reactions

 A few days ago, Ontario Premier Doug Ford was caught pumping money into the pockets of his real estate friends.  In his defence, he again placed himself on the side of the angels claiming he was unaware of all this which involved billions of dollars.  Today, he awaits the return from a holiday Ryan Amato the chief of staff of one of Ford's cabinet ministers who was apparently involved in all this.  I predict he will be thrown under the bus and folksy Ford again try to distance himself from a problem of his own making.

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"Survivors tell harrowing tale" reads the headline of the latest disaster of people wishing to cross the Mediterranean Sea to Italy.  Surely it's apparent to Italian authorities that it's organized crime that sells leaky boats to wouldbe migrants, often to their death.  Has the Italian government posted spies in North Africa to monitor the behaviour of these criminals? 

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"Investors off-load condos as rates increase" reads the headline.  These investors made this decision before the announcement that Taylor Swift would perform in Toronto in fifteen months. Therefore I wonder how many investors will pull the condo from the market until after Swift's appearance in Toronto. One hotel has already  announced their current overnight rate for November of $460 will be $917 during Swift's November visit next year.  Let's give a cheer for the glory of capitalism.

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