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Tracy Lamontagne

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A Word from Webster
Paradigm n 1: MODEL.,
PATTERN 2: a systematic
inflection of a verb or noun showing a complete
We welcome your opinions and contributions. If you have a topic you like to share with others in the Foothills region please contact us at 646-0132
Publication Schedule 2008
December 16
December 30
January 13
January 27
February 10
February 24

Recession 2008

Hindsight is insight, and timing is everything. A soaring real estate market and continual rising fuel prices affecting the price of virtually everything for us consumers, was the writing on the wall for this looming recession.

What goes up, must come down and it stands to reason when prices rise so quickly and by so much - they will fall faster and harder.

Canada is not alone - it is a global economic crunch we’re part of. We will be forced to run a deficit - the question is How much and for how long?

There’s always a buzz in the forefront of our media reporting - today it happens to be the bail out of our precious auto industries (The Big 3).And everybody has an opinion - there’s more than one fence to sit on here.

None of us wants to see all the workers out of work (for many reasons, not the least of which would mean a very heavy load on our employment insurance - costing us as the general public, yet more money).

There is the potential loss of our Canadian automobile industry and, then there is the issue of our government considering bail-out by way of funding.

Like the Domino Effect - one fall within a ‘well-oiled’ machine, effects its closest counterpart. In the auto industry, that happens to be the jobs and livelyhood of many families.

The media - radio, television, print and the web have always been able to make us think. We think about what they tell us, then consider how it may affect us as individuals. We form our own opinions and take action if and when necessary.

Mostly they report facts - isn’t that what news is all about? But in an increasingly concerned effort to ensure the general public knows all that we can, we are provided with the thoughts, beliefs, speculations, and predictions of many who are in the biz.

There is another old saying that purports if you hear something enough times, you begin to believe it.The line between deciphering reality and believing prediction become muted.

Today’s action is reduce, reduce, and reduce some more of our spending and many industries are feeling it.

Like the domino effect, a crisis of any kind sets in motion a chain reaction of similar behavior.

We’ve stopped much of our spending, saving instead for when the recession actually gets here.

If you’re feeling the crunch, then it is time to redefine necessity and luxury. This can be a difficult process and one you may never forgive.

One thing is for sure - the turn-out in participation in reducing our spending is much, MUCH higher than it was in this year’s Federal Election. What does that tell you?

There is nothing that gets people more hyped up than money. It controls our very existence. It tells us where to live and work. And because of that it tells us what we eat, what activities (if any) we get to do, what foods we eat, how much and how we socialize and, what we can ultimately provide to the next generation..

Eamors Saddlery

We welcome your opinions and contributions. To share yours please contact us at: 403.646.0132 or Email Tracy Lamontagne

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