CASH IS KING – household debts

CASH IS KING

not only that, it also is QUEEN and all the other assorted royals. In other words, if forced into a situation of whether to use your own cash for a necessary cost (one that cannot be avoided) or to instead take on a loan from a Bank, choose using your own cash. According to this, and compared to the statistics on average Canadian household debt loads [ https://www.cbc.ca/news/business/statistics-canada-debt-1.5609510 ], I am not only KING but in this case also QUEEN. No mortgage (thanks, Bank, but no thanks), no vehicle, no loan for anything.

Example: An older condominium building requires a number of substantial renovation projects, amounting to over one million dollars. Each condo owner must contribute (in six monthly installments) a certain amount of cash. Due and payable at the start of each month. If not paid, the strata company (who manages our property) takes 10% interest on what is owed and unpaid. Bad news for all those whose condominiums are already mortgaged (maybe, to the hilt), or those who simply do not have the needed cash when due. Mostly, those larger renovation projects draw out over a long period, during which Banks are all too happy to offer loans. It sounds nice and enticing, especially when loan rates are low. Even if the Bank of Canada rate is only 2.45%, the mortgage rates are around 4% (or higher). However, since our Canadian Banking system is conservative and well regulated, mortgages must be secured. Means, a debt must be registered against a property title.

Imagine I only need $10,000. I am still saddled with the mortgage/loan registration costs for about at least $500 – legal, document, registration costs. I refused the Bank offer of a (short-term) loan, even if the interest rates were very attractive. Why ? because of the mortgage document and registration costs (to register a loan and de-register again); these costs are not refunded.

Instead, I am using all my CASH savings for this enormous building renovation project. Lucky, I had some savings. How easy it is to fall into the debt trap.

Likewise, what should be paid off first ? when money is scarce. The credit card ! In fact, consumers who cannot afford a credit card, should not have one. Food for Thought: Most household debts can be attributed to the rigorous commercial advertising for (needed, or not needed) products, especially automobiles.

COVID-19 Mask or no mask

Mask ? of course, I would say, to protect yourself. Against those who have the virus and do not know, yet. Or those, who simply do not care if they spread the virus. Simple as that. Despite that some people may think that masks are silly or are only worn by those who are actually sick.

Since this world-wide epidemic (turned pandemic) has started it was clear that this virus – as most virus attacks are – is also air borne. People walking in the street, talking. Always talking. Breathing and spraying the virus infected air around, or worse, inside closed spaces, head to head, breathing the virus into each others faces.

For me, it was also quite clear that the regulations (keeping social distancing to each other at least 2m apart) is long not enough. From the start, since March 2020, I keep a distance of 5m. In the street, and try hard inside a store. Lucky, I live alone, no other person ever inside my home. Try to avoid public transit. When I need the bus, wear a mask. Inside the store, wear a mask. Washable, every day wash not only hands, groceries, all containers, but gloves, mask, and after the odd bus ride all my clothes.

So, when some one in the street passes me and might assume I am sick wearing a mask, then that is not true: I do this to protect myself from getting infected through the air. Because once infected a virus is in your blood, will travel and multiply. Since we do not have regular blood tests (to test immune system responses to such a virus) or a well functioning health care system to test for the virus itself, or get treatment once one is infected and sick. the only way to stay alive is: BE CAREFUL, PROTECT YOURSELF.

Reverse Discrimination and Racism

Black Lives Matter. You better believe it ! but so do WHITES. In this personally experienced case it has been black against white.

{Careful, how to interpret the distinction between RACISM and DISCRIMINATION. I suffered discrimination, which could have been based on racism. [ https://celesteheadlee.com/racism-vs-discrimination-why-the-distinction-matters/ ].}

For my entire professional and student life I have associated myself with international friends. Having worked many years as a professional in international organizations in Europe, I have had personal friends who were Africans. Both in Europe, and later after leaving it and arriving in North America, also in the United States, at Syracuse University, New York.

These experiences over time were “soured” by constant discrimination on the job or outside of it after I had arrived in Canada in 1976 and during my long time work in Alberta’s oil industry. Developing, building and installing large computer systems, hardware and software, as project leader for large company-wide projects, and also as a programmer for many years.

The oil industry is hard place to get a foothold as a woman. Because of the extreme nature of oil industry’s rising and collapsing, and openly permitted company takeovers during downturns, there was as a result in the 1980s a severe downturn in this industry, caused mostly by Canadian government programs and regulations. (The NEP (National Energy Program) of Canada). [ https://en.wikipedia.org/wiki/National_Energy_Program#Background%5D.

It was during that time, start of 1980s, that I worked for a large oil corporation in Alberta. This company was taken over by TCPL (does not exist now under this name, but close to it – Trans Canada). This company apparently had as its mandate to get rid of existing employees, removing first most management positions – offering them posts elsewhere – and then down the line.

Although I was in a senior position in the computer and systems department (thereby needed to continue big projects), as a woman no chance to keep your job.

The enforcer sent down from headquarters Toronto, was charged with implementing the layoff program in the Systems department. This person was of African origin whose hatred against females seemed obvious. The first ones to be removed were all heads of departments – incidentally all women.

Myself as a female IT project leader was forced to do company-wide projects whose purpose was to identify all those in all corporate departments who should be fired. I was requested to do this study alone without any assistance. Naturally all my former friends in the company hated my guts. At the end, it was my turn. The pressure from within was indescribable.

In the course of a short period, a 200 page report was put together behind my back. I assume containing all sorts of slander about me. While at the same time our big company-wide systems project had to continue.

At the end, I was asked to see this man in his office, and presented with with this big report. Which I disregarded. At the same time I was asked to sign for a one-page legal document, which I did not sign. I do not sign unprofessional slander. I was then told that I should pack up. Offering me a minor compensation of 3-months salary.

Just laying off employees is permitted under certain conditions. In this case, the simplest most basic conditions of human rights had been contravened. My big mistake ? I missed the very moment when it was absolutely necessary to retain a lawyer, to act on my behalf.

However, before leaving the company I had received good letters of recommendation in writing from senior management with whom I had worked throughout my systems projects, including the CEO of this corporation. A testimony of all that I had worked for most of my life.

Yet, my professional life was compromised, I lost my home, my family (my son went to the United States to start his university program). And I had to travel around Canada making a living with computer contract work (Ottawa, Alberta oil sands, and anywhere in Alberta). Setting up my own consulting company and other business ventures, to keep afloat.

 

 

COVID-19 PPM (Pandemic Propaganda Machine)

The PPM (Pandemic Propaganda Machine) is still running at full tilt. Daily several times a day radio, or TV news inserts, or the Internet. One of the issues I do not see addressed is: How to explain this condition in simple terms to those who may not even have access to the Internet (so far provided in our – now closed – Public Libraries), or simply explain to the local vulnerable population WHY they now must clean their hands often, or in the case, they never did, why clean them at all.

And what the meaning is of this COVID-19. I assume 19 because it started 2019. (In reality it should now be COVID-20.) COVID = Coronary Virus Infectious Disease. Stemming from the SARS-COV-2 virus.

I myself who works daily on the Internet and has made her living since 1960 in computer systems development, has no problem to find the relevant and necessary information. But what about those who cannot ?

Simplified explanation: This virus (who cares about its name) is easily transmittable from person to person. Inside the human system it multiplies and exits via mouth or via the ‘rear end’ , and is likewise easily transferred to a person’s hands. A person touching any number of surfaces where this virus than attaches itself. In addition to particles caused by coughing. Again, where people touch any part of their face, so that the virus can enter. And why always wash your hands is, nobody knows who is infected already, may carry this virus, and who not.

THEREFORE THE all-the-time HAND WASHING, AND NO HAND SHAKES ANYMORE

That is all the media systems need to tell people, if they care about them.

COVID-19 Extra Protective Measures

Continuation of my previous blogs (extra measures during these trying times – [ https://renataveritasopinion.com/ ]

IMPORTANT UPDATE

What can kill this new corona virus (SARS-CoV-2 ) ? [ https://www.sciencealert.com/here-s-the-expert-advice-on-which-cleaning-products-to-use-against-coronavirus ]

Seems one of the active ingredients (besides bleach=sodium hypochlorite) is alcohol ethanol. Searched all my cleaners like dishwashing and regular, found Comet (contains bleach), is harsh on surfaces. I always use for all items brought back from stores. More difficult: what to use for washing produce ?

Then found that none I had except WINDEX (for windows cleaning) which contains ethanol and may help.

[from the Web: WINDEX MULTI-SURFACE DISINFECTANT SANITIZER CLEANER will clean and shine surfaces without any dull residue. It KILLS 99.9% of GERMS, VIRUSES, and BACTERIA on hard, non-porous surfaces. This is the perfect product for cleaning bathrooms, kitchens, tiles, stainless steel, and so much more!Oct 7, 2019]. Which I will use.

[ https://www.sydneysolvents.com.au/blog/our-blog/product-talk/10-uses-for-ethanol-around-the-home/ ]

Here Victoria, Vancouver Island. Always finding new ways on how to protect myself better from carrying a nasty virus home, after grocery shopping. Not only do I always wear gloves – easily washable ones when coming home – but all items, be they food items or packaged items no matter what package (plastic, aluminium, cardboard or other) will be washed using cleaner with bleach, or better, yet, now I started to remove food items out of those containers wearing protective plastic gloves, then again wash them and then place my groceries where necessary safely elsewhere loose (outside of packages), or else then in fridge. Except yogurt or similar, which is more difficult. 

In our stores finally now signs KEEP YOUR DISTANCE, which most customer do nicely. In the street, I always go around others keeping more than 2m distance.

Checkout: card readers (some stores cover up with protective plastic, some not). As I always wear gloves I can use the little keys with gloves on (see above, I wash gloves at home). Computer keyboards ? what about those ? Wipe down as well.

COVID-19 another corona virus outbreak

A virus is a smart little entity and knows how to find hosts, multiply and make humans really sick.

Typically, going back in history, did not most of these virus epidemics or pandemics that caused upper respiratory disease start in large human populated areas ? [ https://en.wikipedia.org/wiki/Severe_acute_respiratory_syndrome ]

Of most types of (zoonotic) infections (animal to human) the swine flu outbreak has also been devastating. World wide. 

[ https://virologyj.biomedcentral.com/articles/10.1186/1743-422X-6-207 ]

As with most such viral outbreaks where animal virus can pass to humans, these significant zoonotic pathogens may also be a result of deliberate cross contamination of viral matter in laboratories. The next article is a wake-up call and reminding us how vulnerable we as humans are facing another pandemic:

[ https://www.bbc.com/future/article/20200325-covid-19-the-history-of-pandemics ]

How to survive ? Well humans are just another category of ‘social animals’, needing contact. Large cities are a breeding ground for human contact.

And any virus – new or old – is a happy pathogen causing deadly diseases often via bacterial infections. As said before, find the best way to fight stereotype herding behavior and maintain a healthy lifestyle. A few of us will survive, even older people, especially older people, but how to survive financial disaster afterwards, that is another story.

One person’s opinion from the New York Times [ https://www.nytimes.com/2020/03/24/opinion/tech-companies-covid.html ]

COVID-19 and related issues – continuation

Continuation of my previous blog (extra measures during these trying times – [ https://renataveritasopinion.com/2020/03/18/covid-19-viral-pandemic-extra-measures/ ) ]

Here Victoria, Vancouver Island. Most residents try to keep social distancing. I say most, or many, not all. What surprised me was that there are still people who do not take this seriously, including health care workers, who are sick, now at home. And tell you (on the phone, luckily) “I am OK, will come back to work in one week”.

NOT GOOD !!!

This virus is quite persistent, may be dormant after a bout of respiratory disease, but can still become life again and try finding a new host, to replicate. Personally, I definitely do not go to that clinic after a health care worker comes back to work after one week, even two weeks, even more.

[ https://www.ecdc.europa.eu/sites/default/files/documents/COVID-19-Discharge-criteria.pdf ]

What counts is, how well everyone’s immune system can cope.

[MORE UPDATES ON THESE ISSUES LATER]

 

COVID-19 viral pandemic – extra measures

Frankly at this point I am not so much concerned whether to survive this world wide pandemic, than how ever to recover from severe financial losses in my pension plan (that I need for living). As of latest count, five years of income are down the drain. In other words I have to worry more about killing myself before this money runs out, than possibly surviving this viral disease.

All the measures now prescribed by the health authorities I have practiced all my life. What I do in addition now:

Cleaning thoroughly all groceries before they enter my home. In front of my entrance door, get rubber gloves and wipe everything down, containers, packages. Door handle. Then wash my grocery bags and my gloves. I always wear gloves (even before this outbreak). Fresh produce (even though I peel all fruits) I dunk extra for a long while in a solution of white vinegar and water. WASH – WASH – WASH.

I still go for a walk – since everything now is closed here – streets eerily empty, and go through our large city Park. Keeping on roads and streets by myself.

Does that sound paranoid ? I do not think so. One needs to take this seriously.

[MORE LATER from Vancouver Island.]

CANADIAN citizenship – identity or convenience ?

Canada citizenship – acquired identity or only a convenience ?

[ https://en.wikipedia.org/wiki/Canadian_nationality_law ]

More and more, Canadian citizenship is used (and abused) for purposes of forcing the Canadian Government to evacuate persons (who have most of the time dual citizenship – their birth and that of acquired Canadian) from countries and situations where they believe they are at risk. Be that war, or any medical epidemic from which to distance themselves, or temporary economic social reasons.

During the past several years there have been many instances all over the world testifying to this situation.

Using your Canadian citizenship when convenient.

This is wrong and unfair to all those Canadians who permanently reside here in Canada, work, pay their taxes and contribute to Canada’s economy.

Particular in my case this goes against all principles of fair play:

When I came to Canada (on an expired U.S. student visa), within a few days I managed to find myself a job. This Canadian government – nor my own (birth) government – never had to pay a cent for me and my little boy since I started working.

Despite the fact that when we arrived here from the United States in the 1970s we also had no home and had to sleep in my old car for a while.

The clincher is this: Four years after residing here as Landed Immigrants, we acquired the Canadian citizenship. Which in my case resulted in loosing my birth citizenship (worse – the EU citizenship, which came into effect after we received the Canadian.) My son kept his birth citizenship, as he was born in a different (EU) country.

It is clear that losing ones birth citizenship is always controlled by the birth country, not by Canada.

[NOTE from Internet: The German law on citizenship mandates that German citizens who voluntarily apply for and accept Canadian citizenship will automatically lose their German citizenship if they have not been granted a permission to retain the German citizenship prior to becoming Canadian.”]

Yet, the question here still is: If you move back to your own country, or reside in your own country, why do you need the Canadian citizenship ???

Convenience, or safety net ?

[NOTE from Internet: “It refers to people with multiple citizenship who immigrated to Canada, met the residency requirement to obtain citizenship, obtained Canadian citizenship, and moved back to their original home country while maintaining their Canadian citizenship, with those who support the term claiming they do so as a safety net.”]

{NOTE. End of story for now, as this saga goes on.}

Remembrance Day November 11

REMEMBRANCE DAY for soldiers or war victims ?

PTSD suffered by both parties. However, only soldiers and those flying in their war planes dropping the tons of bombs onto civilians, women and children alike, are being celebrated in Remembrance Day ceremonies as heroes.

Victims of those wars who suffered on the sidelines, or fallout – World War I – and those who suffered heavy bombings and destruction of their home lands, – World War II – particularly starting from 1941 until 1945, are not allowed to ever forget their experiences being persecuted, suffering in concentration camps, and being heavily bombed as small children, growing up in completely destroyed home lands; now also suffering from PTSD (post traumatic stress disorder).

We are not heroes of war, we did not fly over enemy lands and drop bomb loads, we were just trying to survive and rebuild our home lands.

Where is the justice in that ?

Soldiers belong to the governments who declare wars, they are also called GI – government issue for that reason – they get weapons and tanks and war planes and are being deployed, for the sole purpose to kill. They can defend themselves. Not so civilians. They are the real heroes. At the same time, they are the ones who do not want to be reminded of those terrible experiences.

Don’t worry, we do remember without big ceremonies and pompom.