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Entries by Diane Francis from 03/2009

Buy Canadian oil sands production or China will

| Posted 03.02.2009 | World
Read More: Energy, Taiwan, Dirty Coal, Oil Shortages, Carbon Emissions, Clean Coal, Oil Sands, Big Coal, Canadian Oil Sands, President Obama, Obama, China, Energy Self Sufficiency, Coal, Japan, Foreign Policy, Coal Pollution, South Korea, President Obama Administration, Oil, Ethanol, Carbon Capture, World News

Do Americans want "clean" oil from dirty regimes, such as Venezuela and Saudi Arabia, or do they want "dirty" oil from a clean regime such as Canada? ...

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The World's Smartest Money Man on the Crisis

| Posted 03.02.2009 | Business
Read More: Sub-Prime, Mortgage Crisis Bailout, President Obama, Credit Meltdown, Trillion-Dollar Stimulus, Credit Default Swaps, Obama, Stimulus, Rescue Plan, Canadian, Prem Watsa, Fairfax Financial, Rescue, Financial Crisis, Crisis, Wall Street, Budget Deficits, Business News

The year 2008 will go down as one of history's worst, but it was the best year in the history of Canada's Fairfax Financial Holdings Limited.

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American green hypocrisy

| Posted 03.10.2009 | Green
Read More: Coal Emissions, Oil Sands, Environment, Carbon Dioxide, Carbon Dioxide Emissions, China Carbon Dioxide Emissions, Alberta, Coal, Green News

View image This cartoon reveals the double standard applied by the U.S. greenies, many of whom are I suspect are supported financially -- knowingly o...

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Warren Buffett wrong again

| Posted 03.10.2009 | Business
Read More: Kraft Foods, Economic, Dell Cmputers, Blue Chips, Johnson & Johnson, Intel, Wells Fargo, Meltdown, Obama, Capitalism, Global Economic Meltdown, Free Enterprise, Berkshire Hathaway, Prem Watsa, Fairfax Financial, Economic Meltdown, Crisis, Warren Buffett, Stock Market Collapse, Municipal Bonds, Business News

The United States has Warren Buffett, the Sage of Omaha, and Canada, Prem Watsa the Sage of Toronto. On Sunday, Buffett gave a very scary inte...

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Madoff is boring

| Posted 03.11.2009 | Business
Read More: Fraud, Greed, Helg Sgarbi, Swindle, Bernard Madoff, Ponzi Scheme, Madoff Scandal, Susanne Klatten, Madoff Ponzi Scheme, Business News

Bernard Madoff is expected shortly to plead guilty to 11 felonies and land 150 years in jail. Why wouldn't the 70-year-old buy a few years fighting th...

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The market bottom? no way Ben

| Posted 03.17.2009 | Business
Read More: Unemployment, Bankruptcy, Roubini, Economic Crisis, Meltdown, Crisis, Ben Bernanke, Credit Default Swaps, Sucker's Rally, Wall Street Crisis, Recession, Financial Meltdown, Dow, S&P 500, Business News

Bank stocks had their best week on record last week and early this week as investors bet the bottom had been reached. I don't think so and hope I'm wr...

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AIG Plutocrats Pilfer the Public

| Posted 03.19.2009 | Business
Read More: Aig, Wall Street, Economic Crisis, Meltdown, Economy, Wall Street Crisis, Larry Summers, Crisis, Ben Bernanke, Counterparties, Credit Default Swaps, Geithner, Wall Street Bailout, Recession, Business News

What is scandalous is not only the US$165 million in AIG bonuses. It's the US$180 billion which has been shoveled into AIG by taxpayers to date, funds...

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US Dollar Devaluation as Predicted

| Posted 03.19.2009 | Business
Read More: Sub-Prime, Congress, Economic Crisis, Lobbying, Bonds, Banking Crisis, Credit Crisis, Obama, China, Recklessness, Geithner, Presidency, Bush, Bernanke, Saudi Arabia, Henry Paulson, Business News

The Chinese are starting to switch from investing in U.S. T-bills to buying hard assets for stockpiling or acquiring corporations at bargain-basement ...

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Geithner doesn't get it again

| Posted 03.23.2009 | Business
Read More: Stephen Roach, Europe, George Soros, Germany, Africa, G20 Meeting, Economic Crisis, Economy, Wall Street Crisis, European Union, Imf, US Economy, Bank Loans, Morgan Stanley, Financial Meltdown, Eastern Europe, Tim Geithner, US Economic Recession, IMF Bailout, g20, Financial Crisis, US Credit Meltdown, Banks, Global Financial Crisis, Latin America, Business News

The Federal Reserve's Tim Geithner has released his latest proposal but it's a Republican replay. Why didn't he have a chat with the handful of Jeremi...

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HuffPost Finally Liberates Journalism with Investigative Fund

| Posted 03.30.2009 | Media
Read More: Broadcasting, New York Times, Watergate, Washington Post, Investigative Journalism, Media, Huffington Post, Business-Models, Investigative Reporting, Huffington Post Investigative Fund, Media News

The notion of independent financing of truly investigative journalistic projects is a grand idea. It means that strings are not attached and that efforts are judged by results on a case by case basis.

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Obama disappoints

| Posted 03.30.2009 | Business
Read More: Automakers, Auto Bailouts, Wall Street, Bailout, Rick Wagoner, Meltdown, Hypocrisy, Financial Crisis, Obama, Auto Workers, Obscene Payouts, Auto Industry, Detroit, Business News

The mood is turning decidedly ugly in the United States as the public becomes more and more horrified at bailout efforts by President Barack Obama and...

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Gold Not Money: Bling's the Thing

| Posted 03.31.2009 | Business
Read More: Gold Standard, Gold Stocks, General Motors, Money, Bank Bailouts, Economic Meltdown, Bailouts, Gold, Financial Crisis, Banks, Gold Producing, Banking Crisis, Credit Crisis, Global Financial Crisis, Business News

The future is always a matter of opinion, as is political competency, which is why it's a good idea to own a little gold.

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