Biggz, I wouldn't be caught dead wearing one of those hats.

Quote from: Biggie Smiles on November 28, 2025, 10:58:32 PM

These Democtats are actually accusing this administration of weaponizing the FBI and DOJ to target political enemies.  

Biden probably used the autopen so much because he couldn't remember how to spell his own name   

Quote from: Herman on November 28, 2025, 07:52:51 PMTrump aint playing.

By definition a pause is temporary not permanent.

The federal government will do nothing to get a pipeline built. That much is clear from the advanced reports about what is in the MOU (memorandum of understanding) that Prime Minister Mark Carney and Alberta Premier Danielle Smith are expected to sign Thursday in Calgary.

Once Alberta has everything in place (constitutional, Indigenous, environmental, regulatory and financial), then the Carney government will consider giving the pipeline to their Major Projects Office (MPO).

ut aren't those preconditions the very things the MPO is to help with? Once the federal cabinet has designated a project to be in the national interest, it is supposed to be referred to the MPO, whose job it then is to smooth the regulatory burden, help negotiate with First Nations affected by the project and, if necessary, scour the world for investors.

To be fair, it is not entirely clear what the MPO is doing, other than renting first-class office space and spending more than $230 million on staff, desks, computers and boardroom tables.

There is little evidence the MPO has done anything yet except set up photo ops for Carney to make official announcements. It's probably too early for the MPO to have cleared the way of any of the 10 projects selected by the Liberals, but there is no public evidence, at least not yet, that the MPO is even trying.

The Liberals are just doing this to stave off a national unity crisis with Alberta separatists.

The events of Nov. 20 offered a fresh reminder of the chaos. As The Wall Street Journal noted, "Stocks surrendered gains and closed sharply lower after a whirlwind day of trading that began after Nvidia posted strong results. The Nasdaq composite led indexes lower after being up on the day more than 2%. It closed 2.2% lower. Nvidia gave up an even bigger gain and finished the day down 3.2%."

Why the reversal? Because investors suspect that, in fact, there is an artificial intelligence bubble.

It's not an unreasonable fear. History shows that every transformative technology, from automobiles to the internet, inspires waves of speculation. The presence of a bubble doesn't mean the technology isn't revolutionary; it simply means that early hype tends to sweep up both the winners and the doomed.

Artificial intelligence is inspiring the same mix of excitement and dread. Some companies may never produce the margins to justify today's investment frenzy. OpenAI, though not publicly traded, sits at the centre of countless partnerships with massive firms like Oracle and Nvidia. If it stumbles, the shock could reverberate across the market.

The numbers fuelling today's optimism are staggering. As The New York Times reported, "It would not be a stretch to describe this period of hyperactive growth in the tech industry as a historic moment. Nvidia, which makes computer chips that are essential to building artificial intelligence, said (on Nov. 19) that its quarterly profit had jumped to nearly $32 billion, up 65% from a year earlier and 245% from the year before that. Just three weeks ago, Nvidia became the first publicly traded company to be worth $5 trillion." That's more than Germany's entire economy.