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reevesr1

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Everything posted by reevesr1

  1. Without wanting to appear stupid, or not well read, can you explain to me how this isn't going to be a tax on me? (From wth wikipedia post) Gas: Some states in the USA are considering the imposition of fuel taxes. One calculation method is as follows: According to the EIA, emissions total about 20 pounds of CO2 per gallon of petroleum (2.4 kilograms per litre, 2.4 kg/L), so a tax of $100 per ton of CO2 ($110 per tonne of CO2) would translate to a tax of about $1.00 per gallon ($0.26 per litre). To be precise: Emissions are 19.564 pounds of CO2 per gallon of motor gasoline, 22.384 pounds of CO2 per gallon of diesel fuel, and 21.095 pounds of CO2 per gallon of jet fuel (2344.3 g CO2 per L of motor gasoline, 2682.2 g CO2 per L of diesel fuel, and 2527.7 g CO2 per L of jet fuel).[19] So a tax of $100 per ton of CO2 translates to a tax of $0.978 per gallon of motor gasoline, $1.119 per gallon of diesel fuel, and $1.055 per gallon of jet fuel ($0.258 per litre of motor gasoline, $0.296 per litre of diesel fuel, and $0.279 per litre of jet fuel). At a price between $2.50 and $5.00 per gallon, a tax of $100 per ton of CO2 would raise fuel prices by 40–20%. Nat Gas: According to the EIA, emissions total 120.6 pounds of CO2 per thousand cubic feet, i.e., 60.3 tons per million cubic feet, so a tax of $100 per ton of CO2 translates to a tax of $6.03 per thousand cubic feet of natural gas.[19] At a price of between $4 and $10 per thousand cubic feet, a tax of $100 per ton of CO2 would raise natural gas prices by 60–150%. So $1.00 per gallon of gas and 60-150% increase in Nat gas if we tax at $100/tonne (which is interestingly enough near the mid point of the proposed tax in the digital journal document you referenced.) So, if my current top end gas bill is $250/month, if we are hit with the above carbon tax, that means I would pay up to $625 for Nat Gas (150%=2.5X increase) and another $1.00 per gallon of gas. Now I don't claim to have done anything more than skim these articles, particluarly the digital journal aricle, and quite frankly would never read it all. But I hope I'm missing something here. Cuz I was on the fence on this before. Not so much on the fence now. Oh, and I can give everyone a pretty strong reason to vote Green. If you do, myself and 1000s others like me who work in the yucky oil industry will get to move back to the states, or Europe, or whereever it is we are from. More water to fish for you guys! (Oh, do you think think the green party is going to let you continue to fish or hunt in the long run? Really?) Oh well, at least houses are cheap down there. On the down side, mine here won't be worth as much as it is now! Paul, I know you are voting Liberal, not Green. My bet is if the country goes liberal I'll get to stay here, as in the end not much will change. Hope that doesn't change your vote to Green! Maybe you can buy me that beer on my way out, eh?
  2. Looks okay......... Crowsnest post
  3. WLYBGR, I would tell you about fishing in S. Sask since I've fished there like 1,000,000 times. But since Taco thinks I'm prone to exaggeration, I'll hold my tongue (for the first time). Welcome aboard.
  4. Wow!
  5. Happy fake Thanksgiving everyone! Had my turkey dinner at a friends place yesterday right on the Bow. Big fire, turkey dinner, bread pudding (from another American friend) and thankfully missed my Cowboys getting whupped. Also caught a couple of trout yesterday. Perfect day! (The real Thanksgiving is next month. You can tell by all the football games!)
  6. Dutch, There is absolutely no chance this will ever happen. Ever. Never Ever. If a bear attacks someone near a populated area, then the bear will be dealt with. How could it be otherwise? What is the alternative? Families keep their kids inside because there is a known aggressive bear in the area? Politics will absolutely dictate action is taken. I personally think the bear should be relocated. But something will be done. It has to be. If it comes down to a choice between the rights of the bear vs. the right of the people, then there is no doubt at all where the hammer will fall.
  7. Going to echo Kungfool here. Location likely isn't the problem. Take a course from one of the shops, hire a guide (Max's advertised walk and wade special is an excellent way to start), whatever. You need to learn how to spot good water, and how to fish it once you see it. Trust me, once you do you will learn there is good water all over this river.
  8. reevesr1

    My New Toy

    Shiny!
  9. A black bear killed a mountain biker in Panorama last year. Killed her and spent 18 hrs or so eating her until she was located. The bear had been in the area, and there were some reports of it becoming aggressive, but it had not actually done anything to warrant it's removal. Until of course it killed the biker. The family of the girl blame Pano for not doing anything about the bear. Not sure that if it had been my kid, my response wouldn't have been the same. I agree that bears are magnificent creatures. But if they kill someone, or become aggressive near populated areas, something has to be done. Period. Terrible fate for the bear, but there are few, if any, options here.
  10. There was an piece on 60 minutes last week. Step 1: Lend money to risky customers Step 2: Bundle a whole bunch of these up and create a Mortgage Investment vehicle Step 3: Find someone willing to invest in these shaky investments. How? By offering a "Credit Swap". The investment bank offered what amounts to insurance on the investment, a guarantee on some portion on the investment. Why not call it "insurance" you ask? Because insurance is regulated. The insurer has to have funds on hand to cover the policy. Not so with these swaps. They could offer the policies with no money to cover the risk. So you have this HUGE unregulated market. The guy on 60 Minutes estimated there are 60 TRILLION dollars of these credit swaps (call it side bets on side bets). When the investments went south, then all these policies came due. Without money to pay. That's what brought down the big investment houses. If it would have been just Freddie and Fannie, it would have been bad, but not disastrous. While much of what has been said in this post is true, the reality is there is no way that a bunch of bad mortgages in and of themselves could have brought down the financial industry. It was all the crap that was going on behind the scenes. The big downside of capitalism is greed, or the ability to pretend to create shareholder value. Not sure which one is worse. Whatever the case, the blame lies less with Joe Six Pack and more with Montgomery Hiller III. (I just made up that name, don't google him.)
  11. Hey Greg, So you met my mom and her dog on the river today? Glad to hear you guys got along. Happy Birthday buddy!
  12. Maybe because where I'm from and the fact I grew up near the ocean and so many memories of my father are tied up with water, this story really got to me. Pretty moving stuff. Hope I never get my character tested as much as Laureen did, and honor my father as well as Jeff: Back in the Water
  13. Whew! We all dodged a bullet there!
  14. Congrats Dave! It does suck that her pregnancy caused the downfall of the market. But good for you guys, I guess.
  15. Talk about your touchy subjects! I have never kept a single fish since I moved back to Alberta. I've taken pictures of lots, some on grass and rocks. I don't do that anymore on the chance that it may be bad for the fish (and I personally believe the damage from grass/rocks is way overstated. No real science in my case on this, just an opinion). I do that because of this board, so I guess that is good. I would rather err on the side of caution. My concern in issues like this is where do we draw the line? There will ALWAYS be people who are more sensitive than you are in the handling of fish. Should we pander to the most sensitive? No nets, no fish out of water, fish handling gloves, no vertical, etc.,etc. I'm not picking on anyone here. Really, I'm not. I believe all the people who are out in front on this issue have the best interest of the fish at heart. As do I by the way. I still question where the line gets drawn.
  16. Chucky plucks his eyebrows, wear manscara, and has immaculate taste in clothes. But he makes it look tough.
  17. Nice show off. You just wanted to use the word hirsute to show how smart you are. Your intellect is prodigious, dood.
  18. Nice. But I gotta ask: Who doesn't like leggy ladies with parts hanging out? Might as well have something to look at when listening to good music!
  19. You can all hire me as an investment advisor! I checked my US retirement account which has a managed fund by "professional" portfolio managers and a portion that I manage myself. YTD, the "pros" have lost 28%. I've only lost 25%. I freakin ROCK! How did THAT taste Investement Professionals!
  20. I see Maximum downtown from time to time. He wears very nice suits, so listen to him. We are all safe. Whew! I'm glad I don't have to worry about this anymore. On a related note, my US 401(k) plan is down like 30% over the last few weeks. Yaayyyyyy!!!
  21. I moved to Canada 3 yrs ago as part of a company relocation. On my house hunting trip, I filled out a questionaire from the bank asking me how much money I would make, investments, etc. etc. Then they pre-approved me for a loan. When I saw the number, I think I gasped. I asked "did you actually look at the numbers I gave you?" She said, "of course". So I asked "how is it possible you think I can afford that much house". Her reply "people do it all the time." Not just the US. While you guys don't have the insanity loans (5-1 ARMS, Balloon payments, interest only loans) they do in the US, Canada makes it perfectly easy to way overextend yourself. Same VISA and MasterCard as the states, and many of the banks have big investment arms as well. And Lynn, when I don't feel so broke maybe I'll feel funnier! It crushes me that I'm disappointing you. On a positive note, the Crow sure fished nice yesterday, particularly if you like big Whitefish. Since I'm so broke, maybe I should have kept some to eat!
  22. Wish I could come up with something witty on this one, but I'm 48 yrs old, been saving for years with the vast majority of it in the market. I am actually afraid to look at my portfolio. While I am still confident it will recover more than in time for my retirement, I can't help but feel sorry for those who were over weighted in the market and near retirement. This will most definitely hurt! BTW, I may be the only white, male, engineer Texan who didn't vote for Junior. Though I think he, or the politicians in general, did very little to cause it, they certainly didn't do much to help. I also think that the blanked blaming of "Wall Street" isn't all that fair, even though they had a huge part to play. Anyone see the 60 Minutes piece on the "Credit Swap"? Essentially a scheme to "insure" mortgage based investments without calling it insurance and hence be regulated. In essence, the big investment banks were insuring what were in effect very bad investments. Now they have to pay up, and hence are going bankrupt. (The piece said 60 TRILLION!! in these credit swap policies. Holy *hit!!) But I also blame individuals from taking loans they have no chance of repaying. Stupid on their part, stupider on the mortgager's part. I am not immune. Like many in Calgary, I have taken advantage of my increasing house value to buy things (most notbably a condo) that I maybe shouldn't have. As long as interest rates stay low, I have no issue. But if rates go significantly up, I will most certainly feel it. So I'm part of the problem as well. I'm over leveraged just like the banks. Good times. Oh, and I blame Canada.
  23. This is the video Bruce from Kootenay Troutfitters made of troutlover (Jared), my friend Rob and myself on our first day of fishing during our 3 day Panorama trip. If anyone ever needs a guide in that area, I can't recommend Bruce enough!
  24. Does this mean you hate yourself?
  25. Lynn, Jambalaya!! Now you're talkin! In Louisiana, jambalaya is a side dish. That concludes the useless trivia section of this thread which immediately followed the Lynn/Taco/Clive love in section of the thread. BTW, one of my favorite things to eat I discovered in Canada is green onion cakes. Just had a couple with just nuclear hot sauce. I may pass out at any moment. In China, green onion cakes are a side dish.
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