Canadian banking haven myth exposed

Canadian banking haven myth exposed

"One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks." The sorry spectacle of Conservat

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Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your mortgage, loans, because interest rates set to rise

Get rid of your loans, guys and gals, because we are going into a high interest rate period. Very high. It will be the equivalent of going into the double digit interest rates we had in the 80s where many people threw their house keys at the bank and we had record numbers of ba

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E-cigarettes save lives, money

E-cigarettes save lives, money

"We know that cigarettes have thousands of chemicals in them and we know that they are killing us. They have been for over a hundred years. So now, the e-cig industry comes along with only one or two chemicals in their mixture and people are freaking out over these as well. Whe

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US inches closer to big bank charges

US inches closer to big bank charges

Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades. In doing so, prosecutors are confronting

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Canada’s home sales top predictions; why a real estate crash is inevitable

Canada’s home sales top predictions; why a real estate crash is inevitable

“The assurance of relatively low borrowing costs has likely given home buyers confidence while rising home values have kept new listings at a healthy level. Stable employment has provided some assurance to owners and buyers alike.” Our website is back after many months of

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Comparing today’s recession/depression to the 1980 recession

Comparing today's recession/depression to the 1980 recession

"Much like today, Americans were concerned not only with high unemployment but increasing budget deficits in the early 1980s. A September 1983 Gallup poll found that three-fourths of the public agreed that the federal government's budget deficit was a great threat (42%) or some

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Why savers are getting screwed

Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

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Geithner admits USA bankrupt to US Senate

Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

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World economies on verge of currency revaluations to deal with debt

World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

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Is Obama the next Mugabe of Zimbabwe?

Is Obama the next Mugabe of Zimbabwe?

"America, Britain, Japan, Germany, France, Sweden, Holland, Norway, Canada and Australia make up the Fishmongers Group and their meeting on Tuesday will deliberate on the state of the inclusive government, debt relief, public finance administration and the controversial economi

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US raiding foreign countries with dollars, not soldiers

US raiding foreign countries with dollars, not soldiers

""The United States is going to China and saying: we want you to commit economic suicide, just like Japan did. We want you to follow the same thing: we want you to revalue your currency, we want you to squeeze your companies, we want you to go bankrupt,” says Michael Hudson,

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FDIC wants your retirement cash to save banks: Bloomberg

FDIC wants your retirement cash to save banks: Bloomberg

“The FDIC is constantly looking at structures where we can get the greatest opportunity to tap into capital that we have not had the success reaching through previous disposition methods,” FDIC spokeswoman Michele Heller said in an e-mailed statement. “We welcome and work

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sheep obama watching tv

“Although it is tempting to point to over-the-top video as a potential culprit, we believe economic factors such as low housing formation and a high unemployment rate contributed to subscriber declines in the second quarter,” said SNL Kagan analyst Mariam Rondeli.

Who give’s a crap if you kill cable? Really, are we going to keep that vegetable alive? If cable needs to die, let it! We don’t sit around worrying about the typewriter industry going belly up. Why is keeping cable so important?

For years we’ve touted progress, progress, progress in the corporate world. Now that they are making money hand over fist, and progress now begins to strip those companies of their profit margins, it’s all about maintaining the status quo!

Consumers Dropping Pay TV Services By Patrick Seitz

The number of subscribers to cable, satellite and telecom TV services in the U.S. fell for the first time ever in the second quarter, according to research firm SNL Kagan.

The U.S. multichannel TV market lost 216,000 customers last quarter, vs. a gain of 378,000 a year ago. The total number of subscribers to cable, satellite and telecom video fell to 100.1 million in the second quarter, SNL Kagan says.

Cable TV firms lost 711,000 subscribers last quarter, while satellite and telecom TV services managed to add 81,000 and 414,000 subscribers, respectively.

Are more people moving to Internet-based TV?

How often do you watch Television?

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“Although it is tempting to point to over-the-top video as a potential culprit, we believe economic factors such as low housing formation and a high unemployment rate contributed to subscriber declines in the second quarter,” said SNL Kagan analyst Mariam Rondeli.

Many analysts believe over-the-top TV eventually could upend the pay TV business. OTT TV is video programming delivered over broadband Internet and bypassing traditional service providers.

Steve from Canada writes:

These Cable and Satellite companies make me sick they don’t pay for the signal they broadcast but yet they charge the customer as if they are getting charged themselves. No wonder why they make so much in a year they put out a signal called HD now if you want to watch that you need to rent a box at 50.00 a month then you add on channels now you are looking at 75.00 more dollars because you have to buy packages not single channels. Now you are stuck with channels you are not going to watch because they put the popular ones with channels you don’t even like. Now I know how Rogers has gotten so big years ago when they started they just did cable now they own an empire from all the money they have made from us. Why in Europe and the states is cable and satellite so cheap compared to here because we as a society do not demand change for the people but the companies demand change from us. For myself if they want me to pay more I will cancel my subscription. That will be 100 less dollars for these fat bastards.

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This entry was posted on Friday, August 27th, 2010 at 9:41 am and is filed under North America. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Comments

  1. September 5, 2010 @ 10:17 am


    Maybe alot of it is the fact that the programming isn’t worth the money. I had the premium package with all the movie channels for a few years and I realized that I hardly ever watched any of them. I just don’t like most of the garbage coming out of Hollywood these days. I watch mostly older TV shows and movies and am a big fan of TCM but even that only recycles the same movies every six months. I would like to get Netflix and cancel my satellite permanently but I live in a rural area and have satellite internet which has restrictions on the amount of internet content you can download each day.

    Posted by Robert
  2. September 10, 2010 @ 10:27 am


    Who needs cable television? The news sucks unless you actually believe that garbage. Basic $9.99 package to get the weather if the internet goes out.

    Posted by Mia

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