RADIO STATION DEAL REVIEWED AFTER FIVE YEARS

In four years, the deal a local radio station signed with an apparently unauthorized and unsupervised member of Renfrew Town staff will come under review, with the town having the opportunity to back out of the deal.

It’s my opinion the town should do just that.

I won’t get into the ins and outs of it, but that radio station should not have their name on that building, Ma-Te-Way, nor should they be allowed to refer to it as they currently do, like it’s theirs.  Because it’s not.

This will become an issue in the next municipal election, whether the status-quo types like that or not.  The sun shines for us as it shines for them, and I’d like to see God’s will and testament where he bequeathed all of that to any fast-one artists who think they run the place.  You may read into that the possibility of town elites, town staff, or town politicians.  Those running outside their lanes need to be shown their lanes, or disqualified from the event altogether.

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MOVING FORWARD WITH A DEBENTURE

 A debenture is a financial product.  More specifically, it’s an investment product where an investor or investors lend their money out over a fixed term and containing a fixed rate in borrowing costs.  In English, that means money is lent by people who have it to people who need it, but the people who need it can’t pay it back in full or in lump sums other than the agreed upon yearly payment.  So, with a thirty year debenture, the borrower has to pay the agreed upon allotment every year for the entirety of the thirty years.

It’s good and bad for both parties, or pro and con if you like that better.  For the lender, you get steady payments every year that you can count on, and at a rate of interest that’s locked in.  So there’s some security there that the investment will continue to yield the anticipated returns.  There is no change to the interest rate and no change to the term.  And the borrower can’t pay it off early and rob you of potential earnings.  If the interest rates in general go down, your investment is protected and secure because it’s locked in at the fixed rate.

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Après moi, le déluge.

Après moi, le déluge.

Attributed to French King Louis XV, the statement is generally taken to mean that, once Louis and his acolytes are gone and swept away, then the stink is really gonna hit the fan.  The biblical reference to a flood is a nice touch, but I don’t think Louis had the flood as a cleansing event, but rather as a drowning event, but I suppose that’s up for debate and dependant upon perspective.

Today is the day I do something I ought not to do, not because it would be wrong or improper, but because it will be ridiculed and dismissed as completely out of touch.  But then again, imagine me being completely out of touch, yet correct in the end?  The first part happens more than often, the second I can only hope for, although it’s another one of those cases where I desperately don’t want to be right.

I never voted for Pierre Trudeau but recognized his merits despite everyone at the time being in hate with him.  I did vote for Brian Mulroney, twice in fact, and maintained that he was a good prime minister when he was the Political Bandito #1 at the end of his two terms.  Historians now view both men, despite their weaknesses, perceived or real, to be among the best of our prime ministers.  It took me thirty years to be right on one of them, and forty to be right on the other, but lets’s face it, the present lasts for a second, while the past stretches back forever.  As they say, hindsight has 20/20 vision, but in my case it took decades for that vision to become more acceptable.

I don’t feel I have another thirty or forty years to play with, although there might be an outside chance at the former, so I don’t have the luxury of hanging around and being vindicated by the passage of time and history.  So I’ll make my remarks right now, and predictably take dump trucks worth of scorn from all the people in the world smarter than me, which is apparently everyone.  I may even lose readers because of this, but there it is.  The guy in Nigeria has seemingly left me, so all is lost anyways.

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LIBERAL ASPIRANTS MAKING THEIR CALLS

Mark Carney, Chrystia Freeland, and Christy Clark do not read my opinion pieces.  Neither do François-Philippe Champagne, Frank Baylis, and maybe Dominic Leblanc.  If they did, they’d likely detect a whiff of pessimism in my view of the chances of anyone taking over the leadership of the federal Liberals and staging a miraculous, Disney-like turnaround of political fortunes.

Are they all fools?  Hardly.  They didn’t get to where they are by being anything of the sort.  But Michael Ignatieff was no fool, either, and where the hell did he end up?  And some of you are probably even asking, who the hell is Michael Ignatieff?  Which is kind of my point.

What do these people know, or think they know, that I don’t?  The quick, top-of-mind answer is, plenty.  Again, they’re them, and I’m me, and it isn’t even close.

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HOCKEY CANADA COMES UP EMPTY AGAIN

The post mortem is already underway.

And if you’re an Erie Otters fan, you already have a sense that there’s going to be pain as that OHL team sits in fourth place in the Western Division, with three teams nipping at their heels, and their best defenceman, Matthew Schaeffer, out for the next 3-4 months with a broken collarbone.

Schaeffer is but one aspect of the bad news that’s been the 2024-25 version of the Canadian entry to the World Juniors Championships, held this year on home ice in Ottawa, Ontario.

To say the knives are out is a bit of an understatement.

For the second consecutive year, powerhouse Canada is on the outside looking in, with no medals forthcoming for this year’s group.

About that group.

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AMERICA’S MANIFEST DESTINY

Is it a revival of the old notion of Manifest Destiny, the idea of the inevitability of American control over the entirety of the North American continent?

Donald Trump has taken to calling Canada America’s fifty-first state, and to calling our prime minister its governor.  As you can imagine, this has had the effect of a large number of us crying out in indignant protest, something I’m absolutely sure he intended and enjoys.

Say nothing else about the guy, he knows how to get a reaction.

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MPP’S RALLY TO HELP BERNARDINETTI

Something different for your morning coffee today.

Remember the piece I did about MPP’s not having retirement pensions?  Within that piece was a mention of a former MPP, Lorenzo Bernardinetti, who had fallen on hard times and was now essentially homeless and attempting to revive his law firm out of a public library.

Bernardinetti was the victim of something called life, and perhaps the more crueller aspects of it.  His fall from grace could be well identified by many of us who have fallen victim to a number of debilitating things, like job loss, marital loss, health loss, investment loss, political loss, reputational loss, and all the rest of it.  Any of these things on their own is a challenge.  Dealing with many or all of them simultaneously is overwhelming.  Not everyone living on the street or out of their cars is a fentanyl addict.

As the story of Bernardinetti and his plight circulated, a number of current and former MPPs jumped to action, and a Go Fund Me was created in Bernardinetti’s name.  This fund reached its goal of $25,000.00 in two days, as donors piled in to help, among them two former provincial premiers, none of them named Mike Harris.  The assistance crossed party lines, which is a feel-good story right there, but also may reflect the fact that all of these people share one aspect of Bernardinetti’s story, the absence of a retirement pension, courtesy of you-know-who, the self-styled Mr. Common Sense who never had an altruistic thought of his own, much less one that could be legitimately called common sense.  Mike would rather choke you out with cigar smoke than offer you any kind of help.

Of the money raised, Bernardinetti will not touch a penny of it.  Some of the donors have taken on the task of finding and renting him an apartment from which he can operate his law business.  In effect, they’re taking on the task of getting Lorenzo back on his feet, not bank-rolling his future.  Because that’s all a lot of people need, to simply get back on their feet, to find their footing, to get their legs back under them, however you’d like to have it put.

But doing that can require some seed money.  In a day and age where the wealthy among us increase their wealth, it’s a feel-good story when a bunch of people with no pensions despite service chip in to get a good man going again, a man who will one day hire others, and keep their dreams afloat.

Even the wealthy need to be reminded that we, and they, all have a life expectancy.  It’s really cool when people among the rest of us step in to prolong that in the life of someone fallen on hard times.  In this case, those MPPs rallying to Lorenzo Bernardinetti.

Well done to everyone involved.

READING THE ROOM

It’s been suggested that I learn to read the room better.

Which is a little like saying that I should get in step with whatever happens to be the flavour of the day.  I should go where the crowd goes.  Be part of the gang, and not some loser.

How appealing that sounds, to finally not be a loser.  To run with the posse, to fit in, to be part of the collective of agreement.  To, for what may even seem to be the very first time, actually belong.

Pretty heady stuff.

But it sort of brings up a bit of a question for me.  

What if I have read the room, only I don’t like what the room is saying, or where it’s going, or how it’s going about whatever it’s saying?  Like, what do I do then?

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NEW YEARS DAY

It’s New Years.

It’s a thing to make predictions as to what might happen in the year to come.  Almost every media platform does it, maybe because it’s a slow news day, maybe because it’s something that consumers legitimately want to consume.  I’m not really crazy about it myself, but I do understand the whole slow news day thing, so I guess I feel somewhat compelled to enter the fray myself, and offer some speculation as to what may happen in the new year, as opposed to making predictions.  So let’s go.

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