Wednesday, March 05, 2008

Afghanistan the UNwinnable war

The Liberal Conservative Government of Canada will be holding a vote on continuing the Harper War in Afghanistan for another three years.
Vote on Afghanistan motion set for March 13


Or maybe four years or heck lets make it five.


A WHOLE post-Cold War European generation has grown up in peace, give or take "some Balkan horror on television," which makes it hard to explain that "it's a political and moral imperative to fight for our core values in the Hindu Kush."

The words are those of Jaap de Hoop Scheffer of the Netherlands, the NATO secretary general. As he utters them, he leans forward, insisting that he doesn't think "Europe is becoming pacifist." But Afghanistan is testing European military resolve. It's the long war. It's Europe's Iraq.

Just back from Afghanistan, where NATO now has some 50,000 troops deployed, de Hoop Scheffer says it will be four to five years before international forces can pull back, taking a limited role in support of the emergent Afghan national army.

"A window of four to five years from now is an interesting window to watch in terms of reaching a situation where our forces are in the background," he says.

That takes us to 2013 or thereabouts.

Despite knowing full well that it is an unwinnable war.

The international community's approach to aid in Afghanistan is centred around the Afghanistan Compact, a series of development benchmarks agreed upon in 2006 to be reached by 2011.

But Afghanistan remains trapped in a cycle created by the theory that security is required for development but development is what provides security.

Theoretically, the success of development programs at the local level like CDCs should foster greater security as citizens come to trust and depend on their governments and refuse to support or join the insurgency.

But a slew of statistics from private security firms, NATO and the UN all suggest that the security situation in Afghanistan, and in Kandahar, is the worst it has been in a long time.





Which even the American right admits.

It has long been an article of faith among Democrats that Afghanistan is the "good war," a righteous campaign that could be won with more money and manpower. But the facts say otherwise. The U.S. Air Force rained more than a million pounds of bombs upon Afghanistan in 2007, mostly on innocent civilians. It's twice as much as was dropped in Iraq--and equally ineffective.

Six years after the U.S. invasion of 2001, according to Director of National Intelligence Michael McConnell, the U.S./NATO occupation force has surged from 8,000 to 50,000. But the Americans are having no more luck against the Afghans than had the Brits or the Soviet Union. The U.S.-backed government of Hamid Karzai controls a mere 30 percent of Afghanistan, admits McConnell. (Regional analysts say in truth it is closer to 15 percent.) Most of the country belongs to the charming guys who gave us babes in burqas and exploding Buddhas: the Taliban and likeminded warlords. "Afghanistan remains a failing state," says a report by General James Jones, former NATO Supreme Allied Commander. "The United States and the international community have tried to win the struggle in Afghanistan with too few military forces and insufficient economic aid."




SEE

And They Won Both World Wars Too

Harpers War The Manley Solution

Afghanistan A Failed State




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McCain Presumptious

Well Bomb, Bomb Iran McCain made it official last night he is the presumptive Republican candidate for President. And Mike Huckabee gave him his crown of thorns by bowing out. But wait there is still another candidate who has not dropped out of the Republican race and is the thorn in McCain's side; Ron Paul.

Despite calls from his supporters, Paul insists he will not run for president as an independent. But he has pledged to continue his Republican presidential bid, knowing full well that the odds — and delegate math — are now firmly against him.
And last night McCain flip flopped on the war in Iraq. No longer is it going to be a hundred years war, but one that is concluded soon, after victory is declared and then troops moved out to fight the real war on terror; in Afghanistan. That's a major policy change. He is sounding more like Barack Obama despite having attacked him for virtually the same policy.

We are in Iraq and our most vital security interests are clearly involved there. The next president must explain how he or she intends to bring that war to the swiftest possible conclusion without exacerbating a sectarian conflict that could quickly descend into genocide; destabilizing the entire Middle East; enabling our adversaries in the region to extend their influence and undermine our security there; and emboldening terrorists to attack us elsewhere with weapons we dare not allow them to possess.

The next president must encourage the greater participation and cooperation of our allies in the fight against al-Qaida and the Taliban in Afghanistan.


See:

Ron Paul Spoiler



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Come Back Kid Or Pyrrhic Victory

Repeating her husbands famous 'comeback kid' routine Hillary Clinton tried to make her win in Rhode Island and Ohio and tie in Texas the big come back. Well it was a Pyrrhic victory of sorts. She has no mo', Obama has mo', she has the fight of her life, still. She was the front runner, she is the front runner, she is the inevitable candidate. Except she lost eleven primaries in a row until last night. And she lost Vermont in a big way.

Despite the her landslides in Rhode Island, and Ohio it was a squeaker in Texas, it was a virtual tie.

In Texas, with 77 percent of precincts reporting primary results, Clinton had 51 percent of the vote and Obama had 47 percent. Obama led in caucuses held after the primary vote, with 56 percent to Clinton's 44 percent, with 5 percent of precincts reporting.


Unlike Ohio she did not win overwhelmingly in Texas as she needed to. So she remains behind in delegates. And that's what counts. Delegates.

The Associated Press reported that all told, Mr. Obama retains his lead in the delegate count, with 1,477 pledged delegates compared to Mrs. Clinton’s 1,391. The A.P. said that 170 delegates from Tuesday’s contests have yet to be assigned, many from the Texas caucuses.
This is not a comeback it is a momentary gasping for air as her campaign continues to shamble along trying to figure out how to counter the Obama momentum. Sure she can claim Ohio as a big win, but it ain't really because in order to really be the come back kid she need to win big in BOTH Ohio and Texas and she didn't.

No Knockout in Dem Contest


Her whole campaign has been focused on early overwhelming victories. And in this she has been defeated by Obama. By this time her campaign had figured she would have already been her party's nominee. And she ain't. It will be decided at the convention. Which is good for the Democrats and Obama and bad for Clinton.

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Taft Toast

Before the election


After the election

Tories Lack Of Planning Wins Election


There was no enumeration done between the 2004 an 2008 election despite thousands of new people coming to the province to gain from the current boom. Instant Albertans, you only have to live here for six months to be eligible to be called an Albertan and vote, became eligible to vote during that time. But did the Tired Old Tories do a new enumeration. Nope. So massive amounts of voters found themselves having to fill out forms at polling stations identifying where they live. On line attempts to register also failed.

I scrutineered the advance poll in Edmonton Strathcona and again election night and watched as frustrate voters were directed to identify themselves with a picture id and a power bill showing where they lived. In many cases these folks had voted in the last provincial and federal and municipal elections and had not moved!!! Polling stations overlapped so voters came to a poll they thought they voted at only to be told to go somewhere else.

The Tories had no plan for this election. Which is like the rest of their policies, make em up on the fly. So the result was that they only got elected because the majority of Albertans did not vote.

The Tories got elected through voter enui, which they count on. Unfortunately the old anarchist adage, Don't Vote It Only Encourages Them, applies here but not as one would think.

Another, rather perverse, possibility is that some non-voters realize the political class is a lot more likely to worry about them if they don't vote -- by writing earnest opinion articles about the dangers of a disengaged electorate, for example -- than if they validate the process by marking ballots.


The Tories count on Albertans not voting in order to get elected. I know it appears counter intuitive but they really don't want Albertans to vote it ensures their re-election. They all but admit that. They reminded us of that Monday night when Ed told the press that Albertans "only vote to turf out a government". As they did in the landslide election of 1935 and again in 1971.



Alberta's "shameful" voter turnout for its provincial election sparked anger and disappointment Tuesday, with analysts trying to figure out the root of the apathy and Liberals calling for a probe of voting problems.

Only 41.3 per cent of eligible Albertans cast ballots Monday -- a record low for the province and the worst turnout to elect any current sitting government in the country.

Some Albertans blamed voting problems -- like being directed to the wrong voting station -- for not being able to cast their ballots.

Turnout has been sliding in Alberta since 1993, and this time the number came in below the previous worst – 44.7 per cent in 2004.

Let's conclude -- and underline the truly dreadful nature of Monday's turnout -- by stating party results in terms of all potential voters.

Doing that, we see that of 2,252,104 folks on the voters list, about 22.2 per cent voted Tory, 11.1 per cent voted Liberal, 3.6 per cent voted NDP, 2.6 per cent voted Wildrose Alliance, and two per cent voted Green.



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Monday, March 03, 2008

Alberta No Longer Rat Free

Alberta has long prided itself on being rat free. No longer. There are now 73 of the little buggers newly elected as the Tired Old Tory Government. Ed Stelmach of course is King Rat now having even beat King Ralph's election record. . Yep its the year of the rat I should have known this would happen.

When Buddha invited the 12 animals of the Chinese Zodiac to his New Year party those many years ago, the cunning little rat was the one who took the first seat by his side.

While the tale is told differently in each eastern culture, the rat's manipulative nature is always connected to his ability to be the first animal to arrive at the party and the first to be selected for the Chinese Zodiac.

Thus, this year, 2008, is not only the Year of the Rat, but also the beginning of a new 12-year zodiac cycle.

The Rat (é¼ ) was welcomed in ancient times as a protector and bringer of material prosperity. It is an animal associated with aggression, wealth, charm, and order, yet also associated with death, war, the occult, pestilence, and atrocities.

Negative Traits Controlling, obstinate, back-stabbing, resentful, manipulative, cruel, vengeful, power-driven, critical,sleepy

Rat people are endowed with great leadership skills and are the most highly organized, meticulous, and systematic of the twelve signs. Intelligent and cunning at the same time, rats are highly ambitious and strong-willed people who are keen and unapologetic promoters of their own agendas, which often include money and power. They are energetic and versatile and can usually find their way around obstacles, and adapt to various environments easily. A rat's natural charm and sharp demeanor make it an appealing friend for almost anyone, but rats are usually highly exclusive and selective when choosing friends and so often have only a few very close friends whom they trust.


Ah well I cry in my beer at the NDP victory party which began as a raucous affair only to end as a wake. They lost two seats to the Tories.

Though of course not as bad a loss as the Liberals which never even had a victory party but rather held a subdued gathering planning the upcoming going away party for Leader Kevin Taft.

And the Wildrose Alliance Party, WAP, appropriately got whapped with Leader Paul Hinman losing his seat, the only one the fledgling party had. As I had predicted. Well at least one of my prestidigitations was correct.

The Greens on the other hand, didn't win any seats but gained in popular support especially in central Alberta. Look for them to be the new party of the right to challenge the Tories.

Sigh ah well another four years of Tory democracy in Alberta, now I know how the folks in Russia feel.

With 97 percent of the precincts counted early Monday, Medvedev had more than 70 percent of the vote, according to the Central Election Commission. That percentage nearly matches Putin's tally in 2004 and infuses Medvedev's victory with the numbers to claim a clear mandate for the next four years.

As expected, Medvedev crushed the anemic challenges of three opponents who never had a chance to debate him and were drowned out by a deafening media drumbeat that Medvedev was "Putin's choice" and that his victory would ensure the continuation of the popular president's policies.

Another King Rat in the year of the Rat.





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Sunday, March 02, 2008

1 vs 100

No not the TV game show. Just another example of Israel's 'measured response' , as the Harpocrites call it, in it's one sided war of occupation .

One Israeli death results in the death of 100 Palestinian citizens.

The Palestinian death toll was one of the highest for a single day since the beginning of the intifada more than seven years ago, and included militants and civilians, among them several children and a 21-month-old baby. Two Israeli soldiers were also killed in heavy fighting with Hamas gunmen.


Yep that's measure for measure.


An Israeli mobile artillery unit fires from a position outside the Gaza Strip

( Moti Milrod/AP)

An Israeli mobile artillery unit fires from a position outside the Gaza Strip

The International Solidarity Movement (ISM) is a Palestinian-led movement committed to resisting the Israeli occupation of Palestinian land using nonviolent, direct-action methods and principles. Founded by a small group of activists in August, 2001, ISM aims to support and strengthen the Palestinian popular resistance by providing the Palestinian people with two resources, international protection and a voice with which to nonviolently resist an overwhelming military occupation force.


And as usual the politicians and pundits in the West will plead for both sides to 'end the violence', blaming the Palestinians for their own oppression, when in reality it is one sided war.

A report commissioned by the United Nations suggests that Palestinian terrorism is the "inevitable consequence" of Israeli occupation and laws that resemble South African apartheid —


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Ed Gets The Bird

Calgary giving Tories cold shoulder....and a bit more....
Some of the brewing hostility in Calgary toward the PC leader was exemplified Saturday, though, when an older woman stopped her car in the middle of a busy north-end street to honk the horn and flip a one-finger salute at the Stelmach campaign bus.



So much for Calgary being the Conservative Heartland.....

Some Calgary Conservative candidates say they're facing the wrath of voters who don't believe Premier Ed Stelmach understands the city.



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It's Not A Leadership Race

Not since the ill fated Don Getty regime have the Tired Old Tories been in such a sorry state. Before Getty the Lougheed Team could do no wrong. After Getty the man of the people; King Ralph could do no wrong. The Tories would do well in the polls because of the Leader. The leaders polling numbers would often be stronger than the party's, and thus the party was buoyed by the popularity of its leader.

Now with wimpy Ed as leader the election comes down to hard fisted Realpolitiks. Despite polls saying Ed's Tired Old Tories are at 40% that is a serious crash in popularity, the direct result of Ed's mushy leadership.

The leadership debate showed that this is not a race about who will be premier, but rather which party will govern and which one is the opposition. While Taft and Stelmach vied for Premiership, Brian Mason showed himself as the leader of the Opposition.

And even then party politics and labels are not as important as the local campaigns. Because there is a lack of political process that involves us as citizens.

Election forums becoming a rare event in Alberta CBC.ca


Liberals have called for strategic voting, and Albertans will. But it won't necessarily be for the Liberals. Sure they will gain seats, as will the NDP.
Hinman and his right wing rump party are destined for the dustbin of history, splitting the vote on the right. Hinman is fighting for his political life just to retain his own seat.

Instead of venturing into Calgary, Wildrose Alliance Leader Paul Hinman campaigned in his home riding of Cardston-Taber-Warner, knocking on doors and attending a barbecue with supporters.


And who knows the Green Party may even have a chance, with their appeal to rural Tory voters disenchanted that Farmer Ed has become Alberta CEO and the mouthpiece for Big Oil.

Farmers join forces with 'tree huggers' to protest Tories' lax environmental record


Tomorrow there will be a sea change in Alberta. A record number of folks are voting in advanced polls. There are hundreds of thousands of new Albertans and consequently undecided voters.
Conservative party supports will stay home in droves unsatisfied with Stelmach's regime.


Barely 5 per cent of the electorate could be bothered tuning in to the only leaders' debate of the campaign.

And voter turnout, which hit historic lows last time with a meagre 44-per-cent turnout, could well drop even lower on Monday.

“The turnout's going to be brutal,” says Arnie Hansen, an Onoway-area cattle rancher and oil driller who has come in to the fertilizer supplier this sunny afternoon.

“That's the way it works in Alberta. They stay home. They don't vote for someone else. They just stay home.”



All in all it looks like perhaps we will have a minority government. Or at least as close a semblance to a minority government after 76 years of the One Party State. Who will lead this new government is anybodies guess.

Polls have repeatedly projected an 11th consecutive Tory majority on Monday, but they also reveal a persistently large number of undecided voters - even this late in the campaign. Meanwhile, a surprising number of voters are calling for a change in government, are unhappy with Progressive Conservative Leader Ed Stelmach and are willing to switch their vote.

"There's definitely a lot of fluidity yet in the voter commitment," said Harold Jansen, a political scientist at the University of Lethbridge. "Voters are ready for a change. They're ready for something different, but none of the opposition parties have done a good job inspiring it."

The undecided segment has all parties - especially the Tories - in a knot.



But it ain't about leaders or party labels. It is about issues though. And voters will decide what issues are important and vote for their issues, which leaves Stelmach's Tired Old Tories in a very weak position.

And in the final analysis this election is about who has the hard slogging political machine in each riding. Who can get out the vote. It's the closest thing to real election this province has seen since 1971.

And I would remind folks who say the opposition parties are weak, that back in 1971 the Lougheed Team that came to power had only 6 sitting MLA's.

And when all is said and done its not just about who gets to govern but who is the opposition. That is the understated part of this election. And surprise, surprise guess which party looks good for that job.

During the campaign, Brian Mason's New Democrats have shown they have the policies and philosophy to provide effective and consistent opposition.

Neil Waugh, Edmonton Sun, Sunday March, 2, 2008


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Saturday, March 01, 2008

Calgary Home of Conservatives Of All Ilks

Premier Ed Stelmach calls Calgary "Conservative Heartland ...

Sure is....

Thursday, 28 February 2008
On Tuesday, February 12, two prominent members of the Communist Party of Canada were the target of an attack by suspected Neo-Nazis in Calgary. A firebomb was thrown at the home of Jason Devine and Bonnie Collins. Luckily they and their four children escaped unharmed, but considerable damage was done to the home itself. The Molotov cocktail just missed the rear window of the home, but torched their patio and fence. Jason was a candidate for the Communist Party in 2006 and Bonnie is running in the current Alberta election. The two are known in Calgary as activists with Anti Racist Action.

White supremacists have been on the march in Alberta for the last several years. They have continually threatened and intimidated activists in Edmonton and Calgary. There have even been open Nazi rallies, on a very small scale, in the province.

A statement of the Central Executive of the Communist Party said, “On behalf of all members and supporters, the Central Executive Committee expresses our Party's full solidarity with the Devine/Collins family and with our comrades in Club Red in Calgary in the face of this violent assault. Such crude acts of intimidation will not silence our comrades in their important work to combat racism, fascism and imperialist war, to defend democratic rights and social justice, and to advance the struggle for socialism.”

We would like to echo these sentiments. Our own comrades have been subject to threats and intimidation by these same people. Fightback unreservedly condemns these cowardly acts and calls for working class unity against such attacks.

Neo-Nazis suspected in Calgary firebombs
United Press International - 22 Feb 2008
22 (UPI) -- Police in Calgary, Alberta, suspect white supremacists are behind two fire-bombings this month in the city, the Calgary Sun reported Friday. ...

Communists firebombed
StarPhoenix, Canada - 23 Feb 2008
CALGARY (CNS) -- Jason Devine and fiancee Bonnie Collins believe neo-Nazis were behind a firebomb attack on their house. Devine -- who was home with his ...

Calgary: White supremacists scuffle with anti-racism group

Calgary: Neo Nazis Protest Burqas at Voting Stations

After all prejudice and race hatred is a conservative value and the historical legacy of Calgary. Just ask Ted Morton.


SEE:

Right Wing Nationalism




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The Modern Tudors

Anglican church split over gays widens in Canada

Uh huh this is the Church of England, you know the Church formed by Henry the VIII ( and you know him from the wonderful CBC TV series the Tudors) in order to obtain a divorce so he could marry his mistress(es).

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You know the Church that sanctioned each of his marriages one after another eight times.

The Church that caused a schism in Catholic World of its day. Yep same church and now those who are the 'catholics', that is the conservatives, in the Anglican Church don't want to recognize gay marriage. They have opted out of the Canadian Church and are aligning with the African Bishops, you know those progressive folks in Africa that sanction attacks on women who dress provocatively and call gays; satanic sodomites.

'Breakaway' Anglican churches may continue services: judge
National Post -
A judge in Hamilton, Ont., has granted an interim order to two "breakaway" Anglican churches that will allow them to continue to hold services without having to share the facilities with members of the established church.
At core of Anglican conflict, a 1900-year-old tradition Toronto Star
Breakaway Anglicans make gain Globe and Mail
Anglicans in Canada, Uganda face splits


My, my how quickly they forget. Divorce was a sin unless sanctioned by the Pope and Henry created his church to get around that little problem. It was the Church that Modernized Europe in the 16th Century. Modernized. Hello.Chickens, home, roost.

Tutu to accept award from LGBT rights group



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Wednesday, February 27, 2008

Ed's Glass Half Empty

CanWest Media; the Edmonton Journal and Calgary Herald this morning greeted Albertans with this screaming election headline; Another Tory majority in sight.

Well actually no. Their latest poll puts Ed Stelmach and his team at 40%. Now that would be a sweep in any other province. But this is Alberta. Where previous Tory Governments had pre-election poll numbers of 65%, 75%, 80%, 90%.

So this is a decline. Ed's glass is not half full, it's half empty. Worse yet a poll last week had Ed's Team at 49% so in a week he has dropped 9%. Like just under 10% in week. That means by next Monday they could fall even further, in the poll that counts.

The headline should have said 60% of Albertans unhappy with Ed and his team.

And so the sub header ih the Herald and Journal reveal the truth;

'Enormous' undecided bloc a wild card, poll finds.


Now that's the glass half full.



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Thursday, February 21, 2008

Alberta Election Debate

Watching the leaders debate tonight ...Mason hits Taft with a zinger over the issue of capping greenhouse gas, the NDP brought a motion into the legislature that would cap greenhouse gases but both the Liberals and PC's voted against it. Zingo, bang, direct hit. Taft stumbles backtracks doesn't answer the question. Mason hits back and says the legislature is where laws are made not election campaigns. So Kevin why did you and the Liberals not support the NDP motion on greenhouse caps. Waiting Waiting.

The debate formate is counter productive, far to short a time for answers. CBC is doing online polling of viewers and it is not realistic at all. The whole format is counter productive.

Watching CBC, though this is a joint CBC, CTV, CPAC, Global production, it is amtuer hour.

The Media running this are acting like they have never moderated or organized an election debate before. Paul McGloughlin pundit extrodinare just said there was no defining moment, but again I would say Masons counter attack on Taft over greenhouse gases was just such a defining moment. He praised Paul Hinman of the Wild Rose Party as doing a good job. As what a discombobulated disorganized rambling babbler? Hinman did the worst job.He wandered was unprepared and never made any other point except that he was the voice of Big Oil interests in the province and the PC's weren't.

The CBC ran an online poll, which was skewed by the fact that it had all of three people responding to it.

Over all it was amateur hour, not for the leaders but the media who sponsored this whole debacle. By keeping it to short answers they failed the public in allowing for any substantial debate. They had an hour and a half, and they decided that the whole thing should be run as if it was a WWE closed ring match for two minutes a round.

If the debate was supposed to be the event that would decide this election, it failed miserably. Better to have changed channels and watched the Obama Clinton debate.


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Wednesday, February 20, 2008

Caldwells Bad Investment Advice

Theo Caldwell, yes the Caldwell Investment Banker,

- Theo Caldwell, president of Caldwell Asset Management, Inc., is an investment advisor in the United States and Canada.


in the National Pest whines about Canada's support for Cuba through both business investment and tourism. He makes spurious claims, unsubstantiated by a single fact, in his opinion piece.

He claims;
"It grates against our national character that Canada continues to do business with Cuba, thereby helping to prop up Fidel Castro's tyrannical regime."

Oh really. Which national character is that? Perhaps it grates the right wing supporters of the Reform/Alliance/Conservative Party, but they are far from the majority of Canadians. In fact one of the ironies is that Alberta, home of the Republican Lite Right Wing in Canada is also the source of the greatest trading partners with Cuba; Sherritt Mining.

As well Albertans travel to Cuba, as Caldwell further whines about claiming that Cubans will go to jail and be tortured if they visit Canada's Delta Hotel Resorts.

The tragic irony of sipping a Cuba Libre beside the pool in a hotel that native Cubans are forbidden from entering under pain of imprisonment, and within walking distance of one of Castro's torture chambers,

And Alberta farmers have long traded cattle and bull semen with current Cuban Leader Raul Castro, who has spent years cross breeding Latin American cattle with Alberta Angus.

He concludes;

"But whether or not the despot has gone on to his reward, passing power to his equally brutal brother Raul, tyranny is tyranny and Canada ought to have nothing to do with it."
Not good investment advice. One would expect better from a capitalist like Caldwell. But with his cold war mentality he is out in the cold on his anti-Cuba strategy.

Cuba Fund Has Biggest-Ever Surge After Castro Resigns (Update3)
Bloomberg
Castro's decision is ``a clear step towards the possibility of the US resuming trade with Cuba,'' Miami-based investor Thomas J. Herzfeld said during a ...
How to profit from Castro's resignation CNNMoney.com
Investing in a Post-Castro Cuba U.S. News & World Report
Equity revolution! Globe and Mail
Stocks with Cuban exposure rise on Castro resignation CBC News
Cuba: The Investment Play Conde Nast Portfolio



The real question here is does Caldwell live by the principles he espouses? Well not really. Sure his Caldwell Canada Mutual Fund (Caldwell Investment Mgmt Ltd.) isn't invested in Sherritt.

But they are invested in Talisman Energy, the big oil company that invested in Sudan known for promoting slavery, torture, etc. making Cuba look like a workers paradise. That offended the national character of Canadians who forced Talisman to divest of its investment in Sudan.

No thanks to Theo Caldwell or his investment fund.

Caldwell focuses on companies with at least $500 million in market capitalization, and his current Caldwell Canada holdings are predominantly mid-cap stocks. He will re-assess the portfolio at least once every quarter and expects the portfolio turnover to be 100% or higher.

He wants to be fully invested at all times and is comfortable having a stock holding of 5% to 10% of the portfolio. In terms of his sell discipline, "once stocks stop going up, we sell," he says.

Caldwell will make significant sector bets. Compared to the S&P/TSX Composite Index benchmark, as of Feb. 15, Caldwell Canada is close to 100% overweight in both the energy and the basic materials sectors, and "considerably" overweight in communications and media.

By comparison, the fund is underweight by more than 80% in financial services. "As an owner of the fund, you will be overweight in the sectors that have been doing the best," he says.

But Caldwell will limit his sector exposure. Overall, his portfolio won't hold more than double the index weight in any sector or 10%, whichever is greater.

He'll also avoid some well known "sin stocks." Along with the strategy of owning "high flyers," the focus is on companies that at their core are "deep down helping people," says Caldwell. "So we don't own alcohol, tobacco or gambling companies. I don't need to own them to make this work."


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Dictator

With the resignation announcement of Cuba's Comrade Commandante El Presidente Fidel Castro, as I have been predicting for months, the usual media reference to him is as 'dictator'.

http://blogs.trb.com/news/politics/blog/FidelCastro.jpg


I guess that is because he is appointed leader by his party without being directly elected.

But then again I guess if you use that definition then this guy was a dictator for the past year

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http://images.theglobeandmail.com/archives/RTGAM/images/20071026/wroyalties26/1026stelmach364big.jpg



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