CGC Appointment

[wilagro]

Another "old" Reformer gets his patronage reward. This Federal gov't is so transparent...dey don't fool nobody...no how.

[Kodiak]

Wilagro, would you expect the Conservative Government to appoint a Liberal or an NDP'er, when they know that person would not carry out their policies? Perhaps even sabotage them?

Governments appoint people of like mind a who agree, at least in principle, with their policies. To do otherwise would really not make much sense now would it Wilagro.

The Liberals did the same thing, and will again next time they're in Government. Ross Keith on the CWB board, for example. Donna Welke assistant CGC commissioner.

But given the history of voting patterns in the grain belt, when the Libs appoint their people, will they represent and follow the expressed wishes of the farm vote? Not likely, unless things change drastically and farmers actually vote Liberal, which isn't too likely. So we'll have the spectre of a Liberal Government imposing its policies (and appointing Liberals to do it) on a part of the country who by and large voted against those very policies and people. What would you say about that Wilagro?

[cropduster]

Speaking of appointments, word is Ritter`s associates are trolling for a job for him..........maybe new security guy for the Major dump??????????

[wilagro]

Kodiak: Oh, I understand the who's and why's. The CGC in theory should be apolitical and should make wise decisions no matter who is in power in Ottawa.

Hermanson got a nice juicy plum because of who he knew. End of story...we can live with it.

[Kodiak]

I might agree with you Wilagro that the CGC "should be" apolitical. But the reality is when its a Government agency, its political. Nothing, including a "theory" that even politicians might want to believe, will change that. It's true for the CGC, and its even more true for the CWB.

No matter what anyone can say, or what anyone wants to believe, these are political organizations. Therefore there will always be polical controversy involving them.

So instead of depending on Government to do what can be done by commercial contract, we should reduce or remove the influence of political institutions on the industry. That's the best way to get the 'politics' out, and to set the stage for the industry to thrive.

[parsley]

Kodiak shared some pearls of wisdom. Read them a second time.

Parsley

[TOM4CWB]

Wilagro,

Erwin will work for every cent, he will earn every penny he is paid...

This is one of the two positions, the other being the CWB... that we cannot afford to get wrong.

It is political, as it was when Goodale was in charge...

And Goodale FAILED to work with logical hard working people like Comm. Milt Wakefield who tried without success to fix the CGC. Goodale didn't have the time or will to resolve CGC issues. I hope Minister Ritz does.

The CGC in the grain sector is the "Bank of Canada" of the financial services sector... it would be as absured to deregulate/pull CDIC coverage and let the Bank of Canada be totally run by the banks... this is basically what is being sought in the CGC Act changes. CGC Services offered today are non-WTO countervailable, trade neutral and for the benefit of all Canadians.

The Federal Finance Dept has being trying to slip this one by for some time...

[wmoebis]

I am having a hard time to figure out why these changes seem to be needed.

They talk about the cost that is ultimatly passed back to the producer. How will this change? There will be a cost either to run a clearing house or a cost if we aren't paid for our products with no recourse.

To me this is a bigger issue, to the producer, than the whole CWB debate. With or without the CWB we need cost effective quality control and financial insurance.

Here too, like the CWB, they need to have a look at the operations personel and management personel to see that they are upholding thier mandate. If not, remove/replace and revamp.

[Incognito]

We also get paid to think:

Prices have almost doubled this year.

1) Do you think the industry's bonds have doubled?
2) If a large % of the industry was short on their bonding requirement, do you think the Feds would send you a memo?
3)Does the bonding requirement satisfy 100% of the value of your grain?

Answer yes or no to each question. Tally your answers.

(1) no and you can keep being oblivious.
(2) nos and you should worry.
(3) nos and you should sleep with the light on.


Your security blankie is so bare you can see thru it.

Do you buy a new blankie or chance freezing your nuts off this winter waiting for the gov't to save them for you?

[TOM4CWB]

Incognito,

Think about this!

* 1.)* The value of the
GRAIN
THAT is the main asset used to back the CGC Bond has also DOUBLED.

* 2.)* When there is a Quality Problem with a shipment... who is the first to know... The CGC. The very fact every one knows this... keeps much of the industry; growers and trade alike... SELF REGULATING and Honest...

Without the CGC having ever said a discouraging word!

Since it is against the "Privacy" Statutes and is "commercially sensitive" information that I am not allowed to look at in any event; I have "due diligence" requirements to fulfill and not do plainly STUPID sales that I know will run a 95% chance of not being paid for!

Better to Have growers phone the CGC and express the issue... which then alerts the CGC Security Dept. Something is UP!

In Ontario I understand the grower must register the sale with the Ag Security Dept... Perhaps we should do the same... if we feel integrity in our system is important... ? ... an online CGC Registry would cost how much? Self Administered... Lowest cost... Auto Tabulation through a firewall... would this be better than what we have now?

* 3.)* I often sleep with my "Light On" NOW. A blanket up grade is clearly in order... I agree the old blankie is worn and tattered... PERHAPS it is time we did something about this!

Leaving me without any Blanket at all... naked... Minus 40C... is not my idea of a reasonable solution... I would hope not yours either.

Incognito... there are very SIMPLE economical logical solutions to CGC Security issues.

It is VERY productive to have this discussion!

God Grant us the wisdom to change the person I can... the common sense to know it is US... and the decency to be the true leaders who care about those that have entrusted ...US... with the Administration of their business!

Isn't this what a

...Democracy...

that respects

...Private Property...

Is all about?

[Incognito]

This is how it used to be calculated:

In the valuation of grain at month end, CWB grain - valued at 100% - Non-Boards - valued at 75%.

Grain prices double - CWB grains are not moving - how many bonds are short?


You don't have a blankie now - you just don't know it.

[parsley]

Kodiak:

"We’re a long way from depositors taking a direct hit.", is what you stated. I have to make the comment that it is the indirect hit that ordinary borrowers will take on the chin that will ultimatley hurt them, and ultimately hurt CIBC.

Their CEO cannot keep making bad deals and keep passing the losses onto the backs of depositor's. It is too easy to move cash to the Bank of Nova Scotia. or ING. 'tis so,... press Enter.

wmoebis, incognito claims you get paid to think. True. A clearer way to say it is that you lose money if you don't think for yourself.

BUT.... The problem farmers have is that we have paid people, often elites, to think for us, and they have done the thinking, but unfortunatley, not in the interest of farmers. We have to think for ourselves.

And if elites' thinking occasionally has been in the interest of farmers, the message has not been well communicated to farmers.

IMHO, they think we're too dumb.

Parsley