Rod: Government of Canada use funny math in compiling statistics. For close to a decade now they have been claiming inflation rate has been in the 1 to 3 % range. I don't know what they buy in that sample shopping cart, but it sure ain't the items I have to buy every week.
Way back in the 60s, then Prime Minister Lester Pearson, as he was putting the Canada Pension Plan before Parliment, "These pensions will be indexed to inflation forever". Well guess what, I know guys that were getting over $500. per month in 1975. If you compound the consumer price index since 1975, it has multiplied 4 times yet the maximum pension 2007 is $845, HARDLY FOUR TIMES THE 1975 LEVEL.
Back when ole Lester was making the anouncement in the mid 60s my dad and I were farming together. We had an accountant, big fan of Lester's, even tried to look like Lester. Together we watched Lester's speech on TV and my dad said, "This is good for me, however you young lads are going to be screwed on Canada Pension." Well, my dad, the accountant and Lester are all deceased now, leaving me with a Canada Pension roughly 40% of what it should be. I paid this money in and as Lester declared these were basically a sacred thrust to be invested wisely on our behalf.
Our government, best organized bunch of criminals I know of. I wouldn't put too much faith in their automatic transmission declaration. Certainly wouldn't buy, based on their recomendation.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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