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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: average joe who wrote (43068)	12/13/2005 11:03:12 AM
From: teevee	Respond to of 90947

"Economies with little economic production other than resource extraction are almost universally the least free economies. It is the situation most conducive to corruption. One powerful leader can award resource allocations to cooperative parties." The Chinese would certainly agree with that brilliant synopsis of their economic system. Some Canadians would agree too:-) >> From the Captain Ed blog, some food for thought... >> >> "Insider Trading Scandal Deepens For Martin >> Canadian Prime Minister Paul Martin may face more questions about >> personal ethics in the exploding scandal surrounding the alleged >> insider trading involving the Finance Minister's office and the >> announcement of monetary policy two weeks ago. Blogger MK Braaten >> has done some investigative reporting on the winners the day the >> policy got announced -- and found out that one of the biggest >> traded its shares at 3400% its normal volume in the hours prior to >> the announcement: >> >> According to STOCKTRENDS.ca, the day before the Goodale income >> trust announcement, the trading volume of Medisys Income Trust was >> 226,500, with a value of $2,604,750, average trade was $37,750, >> and a total of 68 transactions. According to StockTrends.ca, this >> stock was listed as trading at "Unusual Volumes". Click here for >> the report. >> The volume of shares traded for Paul Martin linked Medisys Income >> Trust shares the day before the Income Trust announcement is way >> to high to be a 'co-incidence'. The volume increased 3400% from >> the prior day, and the following day, dropped back down about the >> same amount. >> >> Its said that Paul Martins personal doctor started a medical >> company called Medisys Income Trust, a chain of private health >> care clinics located across Canada. >> >> The day before the Goodale income trust announcement, the volume >> of Medisys shares traded for the day went from 5,714 on November >> 21, to 203,953 on Novemeber 22. On November 23, the shares traded >> dropped back down to 6,220. >> >> >> Amazingly, the sale of shares at thirty-four times their normal >> rate came just two days after a negative assessment from a >> respected stock analyst, Jennings Capital. Angry in GWN picks up >> on this: >> >> In fact, in 2005, from a peak $15.21 in the summer, Medisys was on >> a downward trend, dropping 30% of its value until late November, >> earning another negative report on November 21, just two days >> before the income trust announcement. >> I can only assume no one from Ralph Goodale's office called >> Jennings Capital Inc. >> >> Whoever decided to ignore that negative report and picked up an >> astonishing 200,000 shares really picked exactly the right time. >> >> I bet Dr. Elman will have a big smile on his face when Paul Martin >> comes for his next visit.