HomeMy WebLinkAboutThe Wingham Advance-Times, 1985-04-03, Page 24wommo
Avoiding s.
trouble1111111111.1.11
By Bill Smiley
Some people, like me
believe in rolling with th
punches, rather, than stick
ing out our chins to show ho
many we can absorb. I hav
found that, in general, if
avoid trouble, trouble avoid
me.
Iff I know that some pain i
the arm has been trying t
get me on the phone, I als
know immediately that he o
she wants me to d
something that i don't wan
to do. Therefore, I take th
;phone off the hook and leav
it off until the pain has foun
some other sucker.
Another invention of min
to stay out of trouble i
patented as Nega-Prod. Thi
is short for Negative Produc
tion. The theory is simple
The more you produce, th
more problems you have
whether it is children, manu
factured goods or farm pro
ducts.
The more children you
have, the more emotiona
and economic problems you
create for yourself. The
more goods you produce, the
more you have to hustle to
find customers and mee
payrolls. The more farm
stuff you raise, whether it's
beef or beans, the greater
your chance of being caught
in a glut on the market.
Our great national rail
ways caught on to this years
ago. When they had lots of
passengers, they had lots of
problems. People wanted
comfort, cleanliness, decent
meals and some assurance
that they would get where
they were going on time.
There was much more
money to be made, and
fewer problems, by trans-
porting wheat and lumber
and cattle.
So the railways began
treating people like cattle.
Passenger trains `became
uncomfortable and dirty.
Quality of the food dropped
like a stone. And they never
arrived on time.
Presto. End of problems.
No more passengers.,So the
railways were able to cut off
non-paying passenger lines,
get rid of all those superflu-
ous things like station agents
and telegraphers and train
conductors, and concentrate
on ,taking from one point to
another things that paid
their way and didn't talk
back; newsprint,` coal, oil,
wheat.
Perhaps this is the answer
for our provincial' govern-
ments, which, are quickly
and quietly building massive
mountains of debt for future
taxpayers. •
Perhaps they should just!
stop building highways, and
repairing those already in
existence. We'd all be sore ag
hell for awhile, but as the
roads got worse and "worse,
most of us would stop driving
our cars. The government
would save millions of dol-
lars now spent on highways,
and they could fire two-
thirds of the highway cops.
I don't qujte see how the
governments •could. use
Nega-Prod to get out of the
liquor business, which cer-
tainly produces plenty of
problems. The booze trade is
so profitable that asking
government to abandon it
would be like asking a mil-
• lionaire to forsake his
country estate for a run-
down farm.
Perhaps if they had a Free
Booze Day, once a week,
every week, say on a Satur-
day, it would solve a number
of problems. It would cer-
tainly reduce the surplus
population. This, in turn,
would cut down, drastically,
the unemployment figures.
Should the provincial gov-
ernments find that Nega-
Prod , is all I've suggested,
some of it might spill over
into' the federal government,
usually the last to catch on to
what the country needs.
Instead of the manna and
honey flowing from Ottawa
in the form of baby bonuses
and' pensions, we might get
some terse manifestoes:
t'People who have more
than one and a half children
will be sent to jail for four
years. Note: separate jails."
"Persons who plan to live
past 65 and claim a pension
will be subject to an open
season each year, from
October 1 to Thanksgiving
Day. Shotguns and bicycle
chains only."
"All veterans off all wars
may claim .participation by
reason of insanity, and may
apply to Ottawa for iep-
mediate euthenisation."
These might seem slightly
Draconian measures, but
they sure would put an end to
a lot of our problems and
troubles. Think"of what they
would do for such sinful ac-
tivities as sex, growing old,
and hanging around the Le-
gion Hall, playing checkers.
But we trust also think of
the economic benefits. With
a plug put into that river of
paper money flowing from
Ottawa, taxes would drop,
inflation would vanish and
undoubtedly, separatism
would wither on the vine.
People would be lined up six
deep at the U.S. border,
trying to get across, and that
would solve, in one swell,
foop, our unemployment dif-
ficulties.
We could go back to being
hewers of water ancjecarriers
of wood, which was our
manifest destiny before the
politicians' got into the act.
Fishermen or lumberjacks,
in short, which most of the
rest of the world thinks we
are anyway.
Nega-Prod may seem a bit
lofty and abstract, at first
glance, butitworks. I know.
from personal experience.
Every. time I try to make
something, or fix something,
'it costs me a lot of money,
and I get into a lot of trouble.
,So, I have a policy of never
trying to fix something or
make something. It's a lot
less trouble to put up signs:
"Beware of falling bricks;
Npt responsible for slivers
from picnic table." And so
on.
��BOOR
REVIEW
,A HISTORY OF THE
VIKINGS. Revised Edition.
By Gwyn Jones. Oxford Uni-
versity Press, Toronto. 528
pp. Paper $12.50.
Reviewed by
PERCY MADDUX
Gwyn Jones's "A History
of the Vikings" originally
appeared in 1968. It has been
brought up to 1984 through
the benefit of new findings.
,In any event, it is a scholarly
work which goes into detail
about the ancient Scandi-
navian people. That far back
brings us face to face with
legends, myths, and uncer-
tainties. The Jones book is
very technical in the early
chapters. It becomes more
readable starting with page
182, which is theStart of the
Viking movement overseas.
The rest of the book iS'
devoted to Viking relations
with' other countries and is
full of historical data. While
this can be read as a nar-
rative',.it really demands and
deserves earnest study. It is
a book for a seriouts student.
TAX TIP
OF THE WEEK
A PUBLIC SERVICE OF HMI BLOCK
Q. My .father's employer
gave me a scholarship of
$1,200 last year. Dues my fa-
ther report the whole
amount on his income tax
return? -
•
A. If the scholarship came
as a result of a selection by
an independent hodv or
hoard, and not simply as a
result of your father's em-
ployment, it is income to
you and not to your father.
The first $500 is not taxable.
Ron H.
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HOUSING INDUSTRY
PROBLEMS
In the post-war era, there
has been a strong correlation
between interest rates and
the housing industry. When
business was strong, interest
rates would rise and housing
would be one of the first
Sectors to feel a slump. Then
interest rates would fall and,
after they had declined for a
period, the housing industry
would begin to. recover. •
It is noteworthy now that
this industry no longer
responds to changes in credit
rates. Nowadays, several in-
dustries provide credit to the
0
Canada's
Business
by Bruce Whitestone
housing industry in periods
of credit shortages. The
savings and loan industry in
the United States has pro-
vided credit in such inter-
vals, and the trust com-
panies in Canada have
developed innovative ways
to minimize the impact of
high interest rates. For in-
stance, reverse mortgages
for elderly people mean that
lenders provide the monthly
mortgage payments to home
owners, and upon termina-
tion of occupancy, property
ownership is transferred to
the lender.
At the present time, •the
primary demand for housing
is determined by the ability
of the average household to
buy the standard home. Now
many homes in Canada are
priced out of the reach of the
ordinavxy prospective buyer.
The number of hours of
factory work required to buy
a house in Canada on
average has risen by 90 per
cent since 1962.
Moreover, the typical
lender is gradually running
short of funds available for
mortgages. There is a rela-
tive scarcity of funds whi`h
can be loaned at rates which
appeal to trust companies or
other lenders for the longer
term.
Lending institutions have
loaned mortgage money on
the thinnest of margins in the
past decade because of the
belief that rising realty
values would cover any
shortage. Now, with housing
prices at best flat and ac-
tually declining in various
areas such as the West, the
willingness of lenders to
extend themselves is
diminishing.
The demand for housing,
therefore, is based on the
ability of buyers to afford to
make a purchase, and with
real personal disposable
income in North America
stagnant, that important
component of housing
demand does not exist. In the
United States, real average
earnings of workers is one
percent below the previous
year's level, and in Canada
the situation is even less
favorable, Moreover, len-
ders have become wary of
lending money based on col-
lateral that is not sufficient
to cover adverse con-
tingencies.
The props for the housing
industry are being eroded in
North, America. Those who
have bought because there
was not much risk of a de -
dine in price will be in for a
rude awakening over the
next few years.
TAX TIP
F THE WEEK
A , C SERVICE OF H&R BLOCK
Q. Last year I received un-
employment benefits in the'
amount of $1,000. This year
was informed that I was
overpaid $300 and am re-
quired to return this
amount. Since I paid taxes
on the $300 last year, may 1
deduct the $300 on my re-
turn for this, year'?
A. Yes, you may. The ga:n-
ada Employment and Immi-
gration Commission will
give you a receipt marked
"Good for Income Tax Pur-
poses." 'rhe amount shown
on this receipt may be de-
ducted from income on the
line "Other deductions" in
the year repaid. The receipt
must ,be filed with your re-
turn.
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