Whitby Free Press, 25 Nov 1995, p. 7

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iii J 'i .4 t: i~. "Hey, there's no rules ini a knife flght. These guy from the Thrdy Jnay2 1960 edition of the are bleeding us dry. In the long term, we're getting WM Y EtrNEWS poorer and poorer. We in North America bad our* Whtby's firet Official Plan will be presented to the public at the town hall on Jan. turn. Now we're just lowering our standard of living." 27. "Youre so cheerful.» Whitby's first senior citizens'group bas been forzned at All Saints'Parish Hall. Mr. and Mrs. Sam Peake celebrated their 3Oth wedding anniversary on Jan. 17. "Naw,, go figure. Used te be you could raise the* Town Council would like to see a mobile library in Whitby. average faàmily on one income. Now don't get inte the sexist stui with me. Now it takes two. Used te be one 80 YEARS AGO income could pay the mortgage on the average bouse. from the Thursday, January 21, 1915 edition of the Not no more. WHITFBY GAZETE AND CHRONICLE "Ad wy eehv * owr are o tn A free course in farming methoda will be held at the Department of Agriculture wby? Wonr r aer baing vteorkhard e abgrsandoffice in Whitby by R. M. Tipper. still.soer or ath e ll hiavoeye baersanbg sh, *Horses are being purchased in Whitby for the war effort, at $125 to $175 eacb. becase hats te ony tingmony unersand' *The Strollers Quartette will hold a concert in the Music Hall for the Belgian Relief "Tell me more.» Fund. Tickets are 25 and 35 cents each. "Weil, . .. oops, gotta run. Time te pick up my* Ernest E. Patterson has peroduced more than 150,000 pounds of butter at the unemployment cheque. Ilil run the country later.' Brooklin Creaznery during the past year. You can guese who pa.id for the coffee. - Whltby Free Press, Wednesday, January 25, 19M. page Tal inrc nt Mab yuv Fmthe na a.tab i hUt food store. He's everywhere. He knows everything. "T'his economic crisis business,» he told me. We were sitting ini a coffee shop. "You know: the slide of the Canadian dollar." "And rising interest rates," I replied. "Yeah, that, too," he said. "But that matters only te people who buy and seli Canadian, dollars. Doesn't mean a thing.» Everybody knows this guy. Mention a topic and hell bury- you with ail he knows about it. There is nothmng y ou can mention on which he doesnt have an opinion. Heck, he could be a newspaper columnist. "The fali of the Canadian dollar doesn't mean a thing?" I asked. «But that's what's sendi.ng interest rates up. Don't tell me that doesn't mean a thing te most Canadians." lie adjusted bis Maple Leafs basebail cap. Funny___________________________________ that everybody wears those. Why a basebail cap withZ- a hockey team logo on it? Go figure. f"Sure interest rates do affect folks. But ail this fling dollar and jumping interest rates: smoke and . mirrors, that's ail. Smoke and mirrors.".......... ........ lie shifted forward ini his seat. His body langu.age said he had been waiting for this chance. "You know why the dollar falls, don't you?» 1 shrugged. "Itfs not wortb as mucb." "Dumbcouýçb. It's not worth as much because it hasd' h iS mII b fallen. Why did it fali in the first place?» Now 1 just sbrugged. ...... "ýBecause the dollar is bougbt and sold like pork hbocks, that's why. -Somebody spreads a little panic, zoom! the price drops. Wbicb means the dollar falls' "Yeah." "To make people want more Canadian dollars, then the government offers higher interest rates. Now tel me.'Wat bas higher interest rates on your car boan and your mortgage got te do with the value of the Canadian dollar.' 1 glanced out the window. I sbrugged again.*. "So the banks can charge more. The government's in on it, teo. Why wouid the government want te pay more on loans? Doesn't make sense.» There cornes a time when you're cornered b y a bore that you lay down the gloves. '"So wbat woula ou do Ai"mID DEÉl1ot

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