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Tuesday, January 11, 2011

Portrait of Amir Khadir: extremist, Quebec independantist and leader of Quebec Solidaire

Amir Khadir is to Canada what Jean-Marie Le Pen is to France: a dangerous extremist.

Who is Amir Khadir?

Amir Khadir is born on born June 12, 1961 in Tehran, Iran. Amir Khadir immigrate in Canada at the age of 10 with his Iranian family. Amir Khadir parents that escaped from Iran after his father was accused of being an agent of the Mossad. The Mossad is the Institute for Intelligence and Special Operations, the national intelligence agency of Israel.

Amir Khadir father is Jafar Khadir. Amir Khadir studied medicine at Laval University, physics at McGill University and completed postdoctoral studies at the University of Montreal. Amir Khadir is a medical specialist in infectious microbiology.

Amir Khadir first steps in the political world was in 1980. In 1980, Amir Khadir worked for the Yes Side for the sovereignty referendum. In 1997, Amir Khadir became a member of the Rassemblement pour une alternative politique (RAP). In 2000, Amir Khadir represented the Bloc Québécois for Outremont. Founded in 1991 by Lucien Bouchard, the Bloc Québécois is a federal political party devoted to promote the sovereignty of Quebec province. Amir Khadir wasn't elected, he finished second against the Liberal. In 2002, Amir Khadir found the Union des Forces Progressistes.

In 2006, with Françoise David, Khadir founded the sovereigntist political party Québec solidaire (QS). The party name is often being translated as "Solidarity Quebec" or "Quebec Solidarity" in English. In 2008, Amir Khadir became the first elected member of the party in the elections in Mercier. Mercier is a Quebec provincial electoral district.

Who is Jafar Khadir?

Jafar Khadir is an activate communist. Jafar Khadir is a member of the executive council of the Quebec Communist Party.

If you thing there's nothing to worry about Jafar Khadir, now a senior citizen, you are wrong. In 2002, Jafar Khadir was stopped at the US border while trying to reach the States. At the US border, Jafar Khadir was helf for 8 hours. Jafar Khadir has been refused the entry to the US territory. Jafar Khadir was warned by the US authorities not to come back to the US ever again. Jafar Khadir host the annual summer training of the Quebec Communist Party at his chalet located on the slopes of Mont Pinnacle near Frelighsburg in the Eastern Townships. Despite the information being display in his MNA profile for Mercier, Amir Khadir is a member of the Quebec Communist Party. You may like to know that members of the Quebec Communist Party are all supporters of Quebec Solidaire, the party of Amir Khadir.

A few years ago, Jafar Khadir housed an Islamo-Marxist organization name People’s Mojahedin Organization of Iran in one of the building he own on St-Laurent boulevard, known as the "Main", in Montreal. The People’s Mojahedin Organization of Iran is a classified terrorist group in Canada. Taught that terrorist groups only exist in the US and other places worldwide? No, terrorist groups also exist in Canada. But as individual, we can stand against the criminals of the kind of Jafar Khadir and Amir Khadir.

Amir Khadir, man of poor judgment

As a doctor, instead of fighting for quality health care and deeper social problems, Amir Khadir prefer to show it all and do his own circus.

In December 2008, Amir Khadir thowed his shoes at a picture of the president George W Bush standing outside the U.S. Consulate in Montreal. The event was Amir Khadir replicata Muntadhar al-Zaidi's actual attempted shoeing of the President Bush in Iraq. But that was not all. During the manifestation, Amir Khadir visited the Canadian Forces recruitment centre on Sainte Catherine Street and threw shoes at a photograph of Canadian Prime Minister Stephen Harper.

By his demonstration of violence, had showed that he doesn't truly belong to Canadian politic scene. Amir Khadir is an extremist and he should resign from his member of the Quebec National Assembly position.

Throwing shoes in the air won't resolve anything. Amir Khadir is part of Quebec circus who like to show it all, but do little for his citizens. Politic should be done in serious manners. But it's simply not Amir Khadir way of doing politic. Amir Khadir is a clown, not a serious politician.

Also in 2008, Québec solidaire member of the Quebec National Assembly Amir Khadir attends in Montreal a protest organized by Solidarity for Palestinian Human Rights.

In January 2009, it's been reported that Amir Khadir took part in a pro-Hamas rally in downtown Montreal with protesters who waved Hamas and Hezbollah flags and chanted "Death to the Jews." Amir Khadir like to show up at anti-Israel events.

In December 2010, Amir Khadir continued his anti-Israel demonstrations. Amir Khadir showed up to a rally organize by the Palestinian and Jewish Unity (PAJU). On the day of the event, protesters were standing outside the Boutique Le Marcheur, a shoe store in Montreal. Le Marcheur sells shoes made in Israel, the Israeli brand name Beautifeel shoes. The Palestinian and Jewish Unity (PAJU) had urged a boycott of Le Marcheur, a shoes store own by Yves Archambault. The participation of Amir Khadir in the event had been names as being an act of economic terrorism.

Conclusion

Amir Khadir is a dangerous man. For becoming a Quebec sovereignist after Canada government accepted him and his family, Amir Khadir and his family should be expatriated from Canada. In Canada, we expatriated immigrates who don't have the legal papers to stay. The federal government should also expatriate immigrant who had become Quebec independist activists.

According to a Leger Marketing poll, Amir Khadir was the most popular politician in Quebec province in December 2010. Amir Khadir has the highest approval rate (45 per cent) of any politician in the province.

This show Quebeckers poor judgment and lack of ethic and integrity toward Canada. It's time for Quebec to separate from Canada once for good. A united Canada without Quebec province.

Welcome again iShares S&P/TSX Capped REIT Index, 100 new units of XRE

I had around 1 000$ available to invest. I decide to add up to my current 54 units of iShares S&P/TSX Capped REIT Index (XRE). I purchase 100 units of iShares S&P/TSX Capped REIT Index (XRE) at 13.58$. XRE is a high rank investment by MorningStar.

Very good things happening right now in my portfolio. We will elaborate more tonight! Still working for now, have to go to work ;o)

Monday, January 10, 2011

Does BMO Bank of Montreal (BMO) represent a good investment?

In Canada, despite the worldwide recession that been hitting quite hard since 2008, our banks had performed well. But while looking a bit more closely to the big scheme, can we say that BMO Bank of Montreal (BMO) represent a good investment?

BMO Bank of Montreal is the only Canadian bank that registered a negative EPS for the past 5 years.

EPS Growth (5 years):
Bank of Montreal (BMO): -4.59%
The Royal Bank of Canada (RBC): +0.32%
The Bank of Nova Scotia (BNS): +1.46%
Toronto Dominion Bank (TD): +1.13%
National Bank of Canada +3.30%
Canadian Western Bank (CWB): +16.73%
Laurentian Bank of Canada (LB): +19.29%
Canadian Imperial Bank of Commerce (CM): +169.51%

In November 2010, BMO Bank of Montreal (BMO) was the only Canadian bank to suspend its DRIP. Before November 2010, BMO Bank of Montreal (BMO) was offering a 2% discount on dividend reinvestment plan, commonly known as DRIP. But in November 2010, BMO Bank of Montreal (BMO) announced the suspension of the 2% discount. Investors are used to a discount of 2 to 3% under DRIP when it come to Canadian banks. When it come to Canadian banks, investors are also used to very good financial results. But none of this exist at BMO Bank of Montreal (BMO).

To the question "Does BMO Bank of Montreal (BMO) represent a good investment?", we can certainly answer by no. BMO Bank of Montreal does not represent a good investment. They might be the worst bank, with the worst financial result for the past 5 years.

But that's not all. BMO Bank of Montreal (BMO) own a wealth management division, BMO Nesbitt Burns. BMO Nesbitt Burns is like BMO Bank of Montreal (BMO): BMO Nesbitt Burns is poorly manage.

One example among other: in February 2010, a lawsuit has been filed against BMO Bank of Montreal (BMO) regarding BMO Nesbitt Burns. Employees of BMO Nesbitt Burns had declared owed unpaid overtime. Those employees were working for BMO Nesbitt Burns.

BMO Nesbitt Burns didn't paid overtime for the period of 2002-2010. Also, according to the claim, it's been reported that employees of BMO Nesbitt Burns expected to work up to 80 hours per week! In this case, the BMO Nesbitt Burns employees are being represented by the law offices of Juroviesky LLP. The case is still ongoing. Are you really going to invest in a bank that is facing a class-action lawsuits related to employee overtime compensation?

Does it make any sense to you?

No, of course, not.

This is pretty hilarious, especially knowing that BMO Bank of Montreal gaga sentence is: "Making money make sense". Yeah, make money, but treat your employees correctly, at least, BMO Bank of Montreal (BMO)....

And it's seemed like for the past 5 years, BMO Bank of Montreal (BMO) hasn't make that much money (remember the EPS Growth for 5 years of -4.59% for BMO Bank of Montreal (BMO).

But that's not all. By treating their employees incorrectly, BMO Bank of Montreal (BMO) had created itself a bad karma...

In May 2010, it's been reported that BMO Bank of Montreal (BMO) had been involved in the biggest mortgage fraud in Canadian history. A Montreal man (who else other than a Quebecker could had been linked to such outrage?) of the name of Robert Manuel Moniz had been arrested by the RCMP had been named responsible for the mortgage fraud exceeding $5 million.

BMO Bank of Montreal (BMO) has a bad reputation as a bank. When investing, just avoid completely BMO Bank of Montreal (BMO).

Sunday, January 9, 2011

Hit and run: my investment selling of 2010 in review

Back in 2009, Shirley Won had reported the extraordinary result of the Creststreet Alternative Energy Fund. Despite the recession that was hitting worldwide, the Creststreet Alternative Energy Fund, under Steve Martin management, had reported gains of 94%.

Following my search and after reading about the Creststreet Alternative Energy Fund and his young manager (in 2009, Steve Martin was only 28 years old!), I decided to invest in the Creststreet Alternative Energy Fund. I initially invested 1 000$ in the Creststreet Alternative Energy Fund. I was in heaven. In my mind, the Creststreet Alternative Energy Fund was going to be the investment that was going to double the value of my initial investment. I never had any doubt on Steve Martin skills, even while knowing so little about the majestic.

Steve Martin had joined the Creststreet Asset Management Ltd. in 2005. But on February 2010, Shirley Won announced Steve Martin departure of Creststreet Asset Management Ltd. In result, Steve Martin was leaving behind the management of Creststreet Alternative Energy Fund. Oh noooooo!

I took time to study my options. After what, I decided to sell the units I was holding of the Creststreet Alternative Energy Fund. I sell my 29.229 units for 1 110.69$, making a cutty profit of somewhere of 100$. Selling my units of the Creststreet Alternative Energy Fund was a good decision to take. Following Steve Martin departure, the value of the Creststreet Alternative Energy Fund take a plunge. The Creststreet Alternative Energy Fund later catch up, but without Steve Martin, my interest wasn't there anymore.

2010 selling(s) in a flashback...

Basically, the Creststreet Alternative Energy Fund was the only investment that I sell in 2010.

Will Horizons Gold Yield Fund (HGY.UN) ever be paying any dividend?

When I first decided to invest in Horizons Gold Yield Fund (HGY.UN), I did it for 2 reasons: because it's a gold investment and also because Horizons had announced, at the time of the public offering, that Horizons Gold Yield Fund (HGY.UN) was going to pay dividend.

I don't know if any Quebeckers of the like of Brian Mulroney are under the management of Horizons Gold Yield Fund (HGY.UN), but it's seemed like Horizons Gold Yield Fund (HGY.UN) had broked their dividend payment promised.

I had invested in Horizons Gold Yield Fund (HGY.UN) using funds available in my margin account. For that specific reason, it's extremely important for me to be able to earn dividend from this investment. The dividend income earn need to exceed the interest own on the money borrowed through margin. My margin interest rate is currently of 4.25%.

Back in November 2010, AlphaPro Management Inc. announced the public offering of Horizons Gold Yield Fund (HGY.UN). This is part of the information provided by AlphaPro Management Inc. in their November 2010 press release:

"TORONTO, Nov. 1 /CNW/ - Horizons Gold Yield Fund (the "Fund") is pleased to announce the filing of a preliminary prospectus in respect to the initial public offering of its Class A and Class F Units (the "Units") at $10.00 per Unit.The Fund's investment objectives are to provide holders of Units with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less the Fund's fees and expenses; and (ii) tax-efficient monthly distributions, initially expected to be $0.0542 per Unit ($0.65 per annum to yield 6.5% on the issue price of $10.00 per Unit). It is initially expected that monthly distributions received by investors will consist primarily of return of capital.

The Fund was created to offer investors a low cost exposure to the price of gold bullion, while providing monthly tax-efficient distributions. The Fund will seek to achieve its investment objectives by gaining exposure to a portfolio consisting of securities and other instruments that provide exposure to the price of gold bullion (the "Gold Portfolio"). The Gold Portfolio will be managed by JovInvestment Management Inc. (the "Portfolio Manager"). The Portfolio Manager intends to write at-the-money covered call options on approximately, and not more than, 33% of the securities in the Gold Portfolio. The Portfolio Manager will not manage the call option writing strategy to achieve a specific target return, but will manage it to generate attractive option premiums that temper the volatility associated with owning the Gold Portfolio.

The Fund is expected to automatically convert into an ETF by no later than July 30, 2012."

Back in November 2010, Horizons Gold Yield Fund (HGY.UN) had promised a monthly dividend distribution of $0.0542 per unit. This distribution represents a yield of 6.5%, which I find pretty good.

Since Horizons Gold Yield Fund (HGY.UN) completed it's public offering in December 2010, nothing had been announced at dividend distribution. So what's going on? I did my search of course. I took a look here and here. But no trace of Horizons Gold Yield Fund (HGY.UN). So what does it mean?

Different answers are available:

-Some Quebeckers are being the management of Horizons Gold Yield Fund (HGY.UN);
-The dividend will be paid only when Horizons Gold Yield Fund (HGY.UN) will convert into an ETF in July 2012;
and/or
-Horizons Gold Yield Fund (HGY.UN) decided not to pay any dividend at all.

I don't know what to think about Horizons Gold Yield Fund (HGY.UN). I am just getting frustrated about Horizons Gold Yield Fund (HGY.UN) dividend payment situation.

Thursday, January 6, 2011

Using Videotron as Internet service provider?

If its the case, well than, be aware, you should stop using Videotron as a service provider. Why? Well, Videotron is just a Quebecor company and you might know Quebeckers as well as I do, they don't give a damn about anything. Here's another proof of Quebec unwillingness to be good toward others.

The Montreal Gazette had reported the story of Amber Hunter. Amber Hunter is an university student of Concordia. She studied political science. Amber work at a bar to pay up her bills. But now, Amber Hunter has more than she can afford to pay. What happen?

Amber use Videotron as a service provider. Since she studied and work at the same time, Amber need the Internet at home. Amber used a Wireless connection for her Internet. In the past couple of months, an unauthorized user has hacked Amber Hunter account. And than the problems began. Amber Hunter own Videotron 1 800$ in Internet fees.

Since Amber account had been hacked, someone has used Amber account and did a massive usage of it, leaving Amber with a bill of 1 800$.

This is the kind of situation that could happen to anyone. Amber is a student, the income she earns go for her tuition and living expenses.

In this case, Videotron claimed that Amber Hunter is responsible for the fees, despite the fact that she got hacked. The Quebec based company Videotron only credited Amber for 313$. Is that suppose to be fair?

A Videotron representative of the name of Isabelle Dessureault had declared that Videotron "don't like these kind of situations". Videotron doesn't like those kind of situation, and they are not willing to do anything else to help other than crediting a tiny 313$.

I know what it is to live in Quebec and having to deal with stupid Quebec independentist people everyday. The kind of individual you really don't want to deal with.

Videotron decision to not fully credit the hacking fees is just another example of Quebec stupidity. Just another example.

Hacking is something that exist. It's a criminal act that is being perform by individual who knows how the system work. Those criminals don't hesitate when it come to steel from individual.

Also, Videotron should credit Amber in totality because Videotron system is not well build. According to the Gazette, Videotron "has tools for users to monitor their usage but doesn't advise customers when they have exceeded their limits". Which mean that in case of hacking, the account user won't have a clue of what is going on until receiving the invoice.

If you are with Videotron, you should think about switching of service provider. A hack happen to Amber Hunter, but it could happen to anyone. It's not common, but it can happen. It's just like Interac fraud or other kind of informatics fraud. I think that Videotron should reversed the charges, all of them, not just 313$. And you, what do you think? Like wow, those Quebeckers...
 

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