Monarch Butterfly said:
Donald Trump will be allowed to attend the G7 in Canada, for no more than 48 hours. Wonder if under the watchful eyes of the RCMP to make sure he leaves? Or face "deportation" from Canada?
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Walter, Walker, Walter ...... please stop these kinds of posts. They add mothing to the conversation.
 
DSCToronto said:
Walter, Walker, Walter ...... please stop these kinds of posts. They add mothing to the conversation.
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...to be fair, there is a degree of sarcasm and venting going on here in particular with the subject matter that's acting above the law and without impunity.
 
The U.S. Supreme Court out with a decision this morning allow the Trump regime to proceed with removing protected status for approximately 500,000 people, in the U.S., primarily Venezuelans, but also Cubans, Nicaraguans, and Haitians.

www.theglobeandmail.com

U.S. Supreme Court lets Trump revoke temporary legal status of more than 500,000 migrants

The top court put on hold a federal judge’s order halting the administration’s move to end the immigration ‘parole’ granted by Joe Biden
www.theglobeandmail.com www.theglobeandmail.com

The protection status had offered these people up to 2 years legally in the U.S. while pursing cases for asylum, or the like, during which they could work etc.

Absent this protection they may be subject to expedited removal.

****

With sympathy to those whose lives are upended ............I think this should be sending off alarm bells in Ottawa........lest a significant portion of these folks seek asylum here.
 
Admiral Beez said:
Because the finer grind is actually the dust swept off the factory floor where the whole beans and courser grounds are processed. It's the same with teabags, where the dust-like contents would be useless as loose tea with the material dissolving into the water and then bypassing the filter.

"In coffee, everything has a buyer-from the cheapest floor sweepings, to the top one percent of the crop."
worldoffinewine.com

Coffee. Actually, not very like wine

In the world of specialty coffee, we often draw parallels with wine when trying to explain the differences in aroma, flavor, and quality that we know are there but that have still to be discovered by many coffee drinkers. As agricultural products used to make beverages, coffee and wine grapes do...
worldoffinewine.com worldoffinewine.com
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Well, then everybody - from big name to locals - are doing it. I've been trying a wide range, from Folgers and Nabob to Kicking Horse, and they are pretty much all the same. You used to actually be able to buy regular grind and fine grind.
 
UtakataNoAnnex said:
Update: In case anyone hasn't heard yet...

www.theguardian.com

Trump wins temporary reprieve as he fights against court block on tariffs

US president rails against judges who ruled against him as appeals court grants pause until challenge is heard
www.theguardian.com www.theguardian.com

...love how the media word it that Trump is the hero here. /bleh
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An oligarch, or wanna-be aligarch, always needs an 'other' to be fighting against on the people's behalf. Another country, another race, the courts; he's pretty agnostic. If the make-up of Congress changes or they grow a pair, he will add them to the list.

Admiral Beez said:
This rollercoaster will continue to destroy any predictability for importers and exporters, leading to a recession.
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I'm still convinced that there are people in his stable who are making out like bandits on this constant stock market roller coaster.
 
Northern Light said:
With sympathy to those whose lives are upended ............I think this should be sending off alarm bells in Ottawa........lest a significant portion of these folks seek asylum here.
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Economic migration is not justification for asylum. That said, we can use any construction workers with qualifications or if without, with the skills/experience to be fast tracked to obtain accreditations. What we don't want is undocumented migrants driving down incomes, so we need to make sure that employers know the penalties for hiring anyone not legally entitled to work in Canada. I expect however that most Venezuelans and other undocumented folks from Latin American will go home. Already there are reports of thousands crossing southward at the US southwest border, with over nine thousand migrants taking Trump's $1k payments to self deport. Any Haitians that come to Canada will likely be granted asylum - if they choose to stay.
lenaitch said:
I'm still convinced that there are people in his stable who are making out like bandits on this constant stock market roller coaster.
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Absolutely. Insider trading, shorting the market, Trump's pals are getting rich.
 
lenaitch said:
An oligarch, or wanna-be aligarch, always needs an 'other' to be fighting against on the people's behalf. Another country, another race, the courts; he's pretty agnostic. If the make-up of Congress changes or they grow a pair, he will add them to the list.
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I am well aware of that. It's what fascists like Trump do.
 
lenaitch said:
I'm still convinced that there are people in his stable who are making out like bandits on this constant stock market roller coaster.
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Trump's Commerce Secretary, Howard Lutnick, who was until recently the CEO of Cantor-Fitzgerald, stated that his company profited from market volatility. Whether the market was rising or falling, Cantor-Fitzgerald made money as long as trading activity remained high, since they earned revenue on each individual transaction. Lutnick stepped down from the CEO position upon his appointment as Secretary of Commerce by Trump, but his sons now run Cantor Fitzgerald—and you can bet they are profiting immensely from this unprecedented volatility. Financial markets have never experienced fluctuations of this magnitude. Each day feels like a roller coaster.

Likewise, Trump's Treasury Secretary, Scott Bessent, amassed his fortune working for George Soros, orchestrating currency market disruptions—most notably the British Pound. Trump's Commerce and Treasury Secretaries both built their wealth in some of the most turbulent financial markets.

Of course, it is all but certain that the Trump family and his close insiders are making a fortune shorting the equity markets, with none of these trades subject to scrutiny from Trump's SEC. Never before in U.S. history has White House corruption been so openly displayed on this scale. It is as if Trump has normalized corruption in government. The only thing missing is a large "FOR SALE" sign on the White House.
 
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And he rewards himself with even bigger tariffs on us...


...at this point, I really hope Carney (and other leaders around the world) plan to cut and remove themselves entirely of any reliance on the US economy. If they're going to be like this, might as well let them rot in the hell they made for themselves. The rest of the world needs to move on, IMO.
 
UtakataNoAnnex said:
And he rewards himself with even bigger tariffs on us...


...at this point, I really hope Carney (and other leaders around the world) plan to cut and remove themselves entirely of any reliance on the US economy. If they're going to be like this, might as well let them rot in the hell they made for themselves. The rest of the world needs to move on, IMO.
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Disentangling "entirely" from the US market is a big ask. It would require us to establish brand new markets for about $434Bn of goods that we currently export to the US, along with the means to get them there.
 
lenaitch said:
Disentangling "entirely" from the US market is a big ask.
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Not to mention Canadian’s dependence on US services, including streaming, social media, communications (incl. WhatsApp), internet browsing, Ai, and search. Plus entertainment, where Canadians spend millions watching US produced movies and television shows. And then there’s all the US brands with production or often just branch offices in Canada, where all the profit generated from Canadians goes to the US.

But that doesn’t matter. Let’s not get caught up in the All-or-nothing fallacy, where only a perfect outcome is acceptable, so partial progress is deemed worthless.
 
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lenaitch said:
Disentangling "entirely" from the US market is a big ask. It would require us to establish brand new markets for about $434Bn of goods that we currently export to the US, along with the means to get them there.
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I get that. But that should be our goal regardless. Or least something close to it, IMO. /elbows up
 
Brokerage companies are making "good" money from transaction fees from a volatile market. People, mutual funds, companies, and countries are buying and selling stocks much more, resulting in more and bigger transaction fees for the brokers. Also helping them is the most corrupt administration in US history.


The Most Corrupt Presidency in American History​


From https://www.theatlantic.com/podcasts/archive/2025/05/the-david-frum-show-the-most-corrupt-presidency-in-american-history/682720/

Dated May 7, 2025

In this episode of The David Frum Show, The Atlantic’s David Frum reflects on the 80th anniversary of the end of World War II in Europe, examining how postwar reconciliation—not battlefield triumph—became America’s true finest hour. He contrasts that legacy with Donald Trump’s recent bombastic Victory Day statement, urging a rededication to the values that built a more peaceful world.

David is then joined by The Atlantic’s Anne Applebaum to discuss the astonishing and brazen corruption of the Trump presidency, how authoritarian regimes seek to break institutions, and the hardship of losing friendships to politics.
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David is then joined by The Atlantic’s Anne Applebaum to discuss the astonishing and brazen corruption of the Trump presidency, how authoritarian regimes seek to break institutions, and the hardship of losing friendships to politics.
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Finally, David answers listener questions on fostering open-minded political dialogue among polarized high-school students, why America hasn’t developed a strong worker-based political movement like its European counterparts, and how to think about class in modern U.S. politics. He also weighs in on the risk of data suppression under the Trump administration and reflects on whether his long-held conservative values still belong to the political right.
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Well, one executive order from President Donald Trump that I agree with...

The US is discontinuing pennies.​


From https://www.jsonline.com/story/news/2025/05/30/us-department-of-treasury-begins-plan-to-end-the-penny/83925240007/


Dated May 30, 2025


Say goodbye to your penny jar.

The United States Treasury has put in its final order of pennies, and production is expected to end early next year. The demise stems from an order in early February by President Donald Trump.

The result: No more penny-pinching, forget about getting a penny for your thoughts, and Ben Franklin's quote about a penny saved being a penny earned may confuse future generations.
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Here's what you should know.

When will this happen?​

Although production will cease, the coins will still qualify as U.S. currency. Stores will still be able to accept them, and consumers should still be able to use them in cash transactions.

Why are pennies leaving?​

Pennies cost about 3.7 cents apiece to produce, according to the 2024 U.S. Mint annual report. On his Truth Social website, Trump said the production is wasteful.

Nickels are produced at even more of a loss. In 2024, they cost 13.8 cents to make, according to the U.S. Mint report. Dimes, quarters and half-dollars still cost less than face value to produce.

The Department of Treasury has said removing the penny would save the government $56 million a year in material costs, according to multiple sources.
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What will change as they fade away?​

Many businesses with cash transactions will likely round to the nearest nickel.

What happens to your old pennies?​

James Sego, president of the Professional Numismatists Guild, a non-profit organization focusing on rare coins and paper money, told the Journal Sentinel that even after it stops being used in stores, a penny will still only be worth a penny.

"They're probably not worth keeping in hopes that they may go up in value, because there's just too much supply out there," Sego said.

Sego recommends that people with large amounts of pennies cash them in at a bank.

"The reality is everybody has a giant jar of pennies at home. I don't know one person that doesn't. A big jar is worth $50 or maybe even $100," Sego said.

What is the coin's history?​

First issued in 1793, the penny is one of the oldest coins produced by the U.S. Mint, which itself was established just a year earlier. The original coin was larger than the currrent one, and made of pure copper, according to the Mint. It featured a woman's head with flowing hair, signifying Lady Liberty.

Multiple changes to the design have occurred through the decades.

The head of Abraham Lincoln has been on one side since 1909; the "Union shield" has been on the other side since 2010.
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Have other countries done this?​

Canada ended its penny production in 2012 and Australia stopping minting one- and two-cent coins in 1992, according to Govmint website. New Zealand has stopped minting its one-cent, two-cent and five-cent coins, Govmint said.
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