A new hope for Zimbabwe

While it is wise to temper one’s optimism when it comes to this country, the fact that Morgan Tsvangirai was sworn in as Zimbabwe PM is cause for some optimism. Indeed, if there ever there was a time to be cautiously optimistic, this is it. Whether it is inflation, cholera, or food shortages (to name just some problems), the people of Zimbabwe deserve better. Here’s hoping they get it very soon.

Why Canada has not only avoided the financial crisis, but is a great country

Fareed Zakaria’s article, The Canadian Solution at Newsweek.com, runs down why the Canadian banking industry is in such good shape as compared to American banks. Not only that, but he has some surprising — to me — statistics about Canada generally, such as:

  • Canada’s banking system is ranked 1st in the world. The U.S.? 40th
  • TD Bank used to be the 15th largest bank in North America last year. This year? 5th. (Why? So many others have shunk or disappeared).
  • Canadian banks are leveraged 18 to 1. American banks? 26 to 1. European banks? A whopping 61 to 1. (Wow)

From there he talks alot about other differences between Canada and the U.S. It made me proud of Canada. A good article to read.

Great photos by Timothy Paul Moore

Over at Timothy Paul Moore’s web site, Letter to Jane, is a strikingly good collection of recent photos he has taken. There is slightly more than a dozen, but they are very versatile and recall to me the qualities of Atget, Christopher Pratt and Gerhard Richter.

Think I am exaggerating? Go see Tim’s photos. Then go look at Atget’s Versailles photographs, Pratt’s “bridge” prints, or the quasi-abstract work of Richter.

Good stuff…..