Occupy Bay street | Page 25 | GTAMotorcycle.com

Occupy Bay street

FiReSTaRT said:
...We don't need more univeristy-educated burger-flippers in an economy where they can't really use their education. We need more people in skilled trades. I also wish we had more manufacturing jobs, but our ruling class decided that they should be sent over to Asia so they can make more money and convinced the lowest common denominator that it's actually a good idea.
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A lot of those burger-flippers (at least those willing to perform work tha's 'beneath' them) hold degrees in absolutely useless utter rubbish. Having a university education means nothing if there's no practical application.
Manufacturing jobs have disappeared only in part because of the 'ruling class'. The chattering classes demanded cheap goods and since you can't produce cheap goods paying North American wages, the jobs dried up. Every trip to Wal-Mart or the Dollar Store just reinforces this.
 
Flashmonkey said:
This is terrifying.
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This is AWESOME! that means in another 10 years I can raise my prices to whatever the hell I want because my stuff won't fall apart. I just about craped myself laughing when the tradesmen was talking about how the kids couldn't use a tape measure because they didn't know what the quarter, eighth, and sixteenth measurements on the tape were for. At the same time just look at the schools. I got to admit that when I was very young (10 years old or so) a tape measure confused the hell out of me as I was never ever taught anything other then metric. When my father asked my teacher why I would have no clue she told him because we use metric in Canada and asked him to not confuse me with an " system that is no longer valid". All I remember after that was a lot of yelling.

Sent from my Nexus One using Tapatalk
 
Here's the thing though....people will buy stuff made overseas because they see their personal wealth declining a little each year. Saving money then is on everyone's mind to some degree. If people had a little more personal wealth I'm betting a few more people would be willing to buy local goods. There's also a national pride issue at stake too in terms of the craftsmanship of what is manufactured locally. Lots of interlinked things that need to be looked at:

1. Personal wealth increase (whether through education/regulation of financial industry eg credit card interest warnings are a start)
2. Increase manufacturing jobs (see education post above) also improve quality
3. Increase national pride (I don't mean nationalism...I mean through seeing how well the national economy is doing then the populace should develop some pride in that and want to become involved by purchasing products made locally)

I'm betting that your average Swiss citizen, given the choice between a made in Switzerland item, and a made in China item would choose the Swiss item because of the reasons above.

I'm rambling but I'm trying to see a way of approaching what I think is a bit of a slump for Canada. High Tech innovation needs to be addressed....outsourcing needs to be addressed (if people collectively avoided purchasing outsourced products/outsourcing businesses that would probably help but the cost issue is tied in to income)....the education sector and lack of manufacturing trainees etc etc.
 
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CanadianBiker said:
A lot of those burger-flippers (at least those willing to perform work tha's 'beneath' them) hold degrees in absolutely useless utter rubbish. Having a university education means nothing if there's no practical application.
Manufacturing jobs have disappeared only in part because of the 'ruling class'. The chattering classes demanded cheap goods and since you can't produce cheap goods paying North American wages, the jobs dried up. Every trip to Wal-Mart or the Dollar Store just reinforces this.
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Agreed. Let's also not forget that the burger flippers are likely going to be burger flippers no matter what kind of education they received. Blaming it on their education is lame and lazy. Probably why they're flipping burgers in the first place.

I know plenty of people who received university degrees in "absolutely useless utter rubbish", who went on to do great things. I know plenty of people with trade school education who went on to do great things. I know plenty of people with no education at all, who went on to do great things. What you accomplish with your life has a lot more to do with your own decisions and actions on a day-to-day basis, than with what school you went to or what education you received. It's the flip side of the culture of entitlement: if you fail in life, it must be someone else's fault.
 
jc100 said:
Here's the thing though....people will buy stuff made overseas because they see their personal wealth declining a little each year. Saving money then is on everyone's mind to some degree. If people had a little more personal wealth I'm betting a few more people would be willing to buy local goods.
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It's a good excuse, but it's BS. People buy the cheaper thing, regardless of their income level or personal wealth.
 
Duster929 said:
It's a good excuse, but it's BS. People buy the cheaper thing, regardless of their income level or personal wealth.
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True I can buy whatever i want but I buy almost all clothes from winners, Joe fresh or walmart. And I'm still wearing Calvin Klein, polo,hilfiger nike etc. I get suits custom made for work but that's about it. Clothes are all made over seas and done cheaply anyway so a polo shirt from Ralph Lauren is the same quality as a no name brand from Joe fresh. And they all fall apart or get wrecked being around animals or working on the cars and bikes or just washing and wearing them so why spend big money. Anything. Anything else that is worth paying for I will but even furnitur nowadays is no better than ikea most places. We bought furniture from the art shoppe and Elte and it was still particle board and mdf . But other pieces we had locally made. Bottom line, almost everything is mass produced and poorly made and you are just paying for the label. The things that are high quality you will have to pay for. And I'm sure the Swiss are buying apple products which are made in china.
 
Occupy Bay Street?

Hmmm, took advantage of a down day to buy some call options, phoned my broker to give my instructions on what to do with a stock that I own which is being bought by another company (offer price is above market price - I'm taking the money and running), and I'm waiting for options expiration date (tomorrow) to see what gets called away and what I still own before I write more options against whatever's left next week.

My so-called professionally managed RRSP is down with the market in the last few months. My self-managed investments outside the RRSP are holding their own, had a couple stinkers but those were offset by others. Only problem is that neither account has anywhere near enough in it for me to retire, so it's off to work I go.

Whole lot more constructive to work with the system than fight it.
 
Brian P said:
Occupy Bay Street?

Hmmm, took advantage of a down day to buy some call options, phoned my broker to give my instructions on what to do with a stock that I own which is being bought by another company (offer price is above market price - I'm taking the money and running), and I'm waiting for options expiration date (tomorrow) to see what gets called away and what I still own before I write more options against whatever's left next week.

My so-called professionally managed RRSP is down with the market in the last few months. My self-managed investments outside the RRSP are holding their own, had a couple stinkers but those were offset by others. Only problem is that neither account has anywhere near enough in it for me to retire, so it's off to work I go.

Whole lot more constructive to work with the system than fight it.
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That's what I yell at them when I go down there to heckle. "Get ETFs you bums!"
 
You can't blame the squeeze people feel solely on TVs and iPhones. Look the the CPI. There is a dramatic jump, yet the household income is almost the same.

Year All-items Change from previous year
2002=100 %
1971 20.9 3.0
1972 21.9 4.8
1973 23.6 7.8
1974 26.2 11.0
1975 29.0 10.7
1976 31.1 7.2
1977 33.6 8.0
1978 36.6 8.9
1979 40.0 9.3
1980 44.0 10.0
1981 49.5 12.5
1982 54.9 10.9
1983 58.1 5.8
1984 60.6 4.3
1985 63.0 4.0
1986 65.6 4.1
1987 68.5 4.4
1988 71.2 3.9
1989 74.8 5.1
1990 78.4 4.8
1991 82.8 5.6
1992 84.0 1.4
1993 85.6 1.9
1994 85.7 0.1
1995 87.6 2.2
1996 88.9 1.5
1997 90.4 1.7
1998 91.3 1.0
1999 92.9 1.8
2000 95.4 2.7
2001 97.8 2.5
2002 100.0 2.2
2003 102.8 2.8
2004 104.7 1.8
2005 107.0 2.2
2006 109.1 2.0
2007 111.5 2.2
2008 114.1 2.3
2009 114.4 0.3
2010 116.5 1.8

I'd love to see the historical post secondary education cost. I bet it costs a lot more than it used to.
 
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daught said:
I'd love to see the historical post secondary education cost. I bet it costs a lot more than it used to.
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When I started undergrad at Western in 2001 my tuition for Engineering was a bit over $5000. I checked a few weeks ago out of curiosity and undergrad tuition for the 2011 fall/winter term is $10,700.
 
caboose483 said:
When I started undergrad at Western in 2001 my tuition for Engineering was a bit over $5000. I checked a few weeks ago out of curiosity and undergrad tuition for the 2011 fall/winter term is $10,700.
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Holy crap....the tuiton for u of t at that time was just under 7 grand. It must be f'in mind boggling now.
 
I seem to recall paying around $1300 per 4-month term at University of Waterloo around 1991. This didn't include textbooks and other fees over and above tuition. Looks like tuition has more or less quadrupled since then.

In other, more relevant terms :) I paid $6000 for a brand spankin' new but 2 year old non-current 1987 Ninja 750 in 1989. This is consistent with something comparable (in the marketplace, not technically) being in the $10,000 range nowadays - not too far off.
 
caboose483 said:
When I started undergrad at Western in 2001 my tuition for Engineering was a bit over $5000. I checked a few weeks ago out of curiosity and undergrad tuition for the 2011 fall/winter term is $10,700.
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Plus you probably got more contact time with a prof then than you do now.
 
jc100 said:
Plus you probably got more contact time with a prof then than you do now.
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Couldn't tell you, only needed it myself a handful of times over 4 years. Didn't have much trouble the few times that i did need it.
 
lucky2 said:
Today has marked the 6th day, of the occupy movement in Canada. This is your chance to make a difference to your lives, and for the future generation. This occupation has become a global movement, and it is not going to stop until, it is proven that the soil we stand on is completely ours. 99% of us, all have a reason to attend the occupation. Not only is the United States of America being occupied, but so is Canada. North America is becoming a land of money and greed. We will not let them corrupt our countries. Join the movement in Canada. From Torontonians to Canadians. Join the protests, and organize your own. Tell your friends, family, co workers, and enemies about the movement. In the end of the day, it will benefit 99% of us. The revolution that occurs today, will make the 99% the future voices of their Countries. Join the brave citizens of Canada, at King Street, and Church Street, at the Saint James Park. Everyone is welcomed to join the occupation. The Canadian movement has been peaceful, but if things change, we will get involved. Let us mark a time in history, to create the new family occupation tree.

Join the protest, organize your own, watch online, be a part of the 99%
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I really regret helping you find that rare transmission you asked for now. You are a kook
 
lucky2 said:
Join the protest, organize your own, watch online, be a part of the 99%
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Can I catch a ride down there with you tomorrow? Oh, that's right, you have no intentions of going yourself. You just insist on blathering on about how other people should do it, smugly content in the fact you harped on about the cause to some people on a motorcycle forum.


Carry on.
 
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