wrote:
On May 21, 12:38 pm, wrote:
On May 21, 12:28 pm, "Don White" wrote:

"jim7856" wrote in message
...
http://www.huffingtonpost.com/josh-s...ays-yes-to-gun...
Y'all are goin' gun crazy down there.
Any sensible 'merican better vacation north of the border this year...in the
real land of the free.
canucks free??? That's a laugh. All kinds of restrictive laws, got
to come to America to get decent, timely health care... you're under
your government's thumb. That and crappy weather 10 months out of the
year? No thanks.

But you do have decent beer. I guess that's something. :-)

At least our Banking System is secure.........More than I can say for
America. No? Then why are the American Banks sooooo jealous of our
system? Cause it WORKS.
And....we have better Coffee. Any coffee I've had south of the border
is like hot dishwater.

Tell us how your banking system works differently from American banks.

On Fri, 22 May 2009 06:10:28 -0400, Jim22208 wrote:


Tell us how your banking system works differently from American banks.

Fundamentally it boils down to a more conservative (small c), and more
risk adverse management/regulation culture that prefers long term
stability to quick buck. I heard someone refer to the sub-prime/
derivatives market that whacked us: Canadian banks were up to their
ankles, we were up to our necks.

Something else that is interesting, Canadian mortgages are not tax
deductible. Mortgages get paid down there. Here we double and triple
them up. That might of had an impact on the sub-prime crisis in itself.

"Jim22208" wrote in message
...
wrote:
On May 21, 12:38 pm, wrote:
On May 21, 12:28 pm, "Don White" wrote:

"jim7856" wrote in message
...
http://www.huffingtonpost.com/josh-s...ays-yes-to-gun...
Y'all are goin' gun crazy down there.
Any sensible 'merican better vacation north of the border this
year...in the
real land of the free.
canucks free??? That's a laugh. All kinds of restrictive laws, got
to come to America to get decent, timely health care... you're under
your government's thumb. That and crappy weather 10 months out of the
year? No thanks.

But you do have decent beer. I guess that's something. :-)

At least our Banking System is secure.........More than I can say for
America. No? Then why are the American Banks sooooo jealous of our
system? Cause it WORKS.
And....we have better Coffee. Any coffee I've had south of the border
is like hot dishwater.

Tell us how your banking system works differently from American banks.

Probably a little tighter giving out loans... not one has *ever* gone
bankrupt.

Don White wrote:
"Jim22208" wrote in message
...
wrote:
On May 21, 12:38 pm, wrote:
On May 21, 12:28 pm, "Don White" wrote:

"jim7856" wrote in message
...
http://www.huffingtonpost.com/josh-s...ays-yes-to-gun...
Y'all are goin' gun crazy down there.
Any sensible 'merican better vacation north of the border this
year...in the
real land of the free.
canucks free??? That's a laugh. All kinds of restrictive laws, got
to come to America to get decent, timely health care... you're under
your government's thumb. That and crappy weather 10 months out of the
year? No thanks.

But you do have decent beer. I guess that's something. :-)
At least our Banking System is secure.........More than I can say for
America. No? Then why are the American Banks sooooo jealous of our
system? Cause it WORKS.
And....we have better Coffee. Any coffee I've had south of the border
is like hot dishwater.
Tell us how your banking system works differently from American banks.

Probably a little tighter giving out loans... not one has *ever* gone
bankrupt.


I guess you don't have morons like Frank and other dumbocrats overseeing
and dictating to your mortgage lending industry. Man, youse guys is lucky.

On May 22, 12:42*pm, "Don White" wrote:
"Jim22208" wrote in message

...





wrote:
On May 21, 12:38 pm, wrote:
On May 21, 12:28 pm, "Don White" wrote:

"jim7856" wrote in message
...
http://www.huffingtonpost.com/josh-s...ays-yes-to-gun...
Y'all are goin' gun crazy down there.
Any sensible 'merican better vacation north of the border this
year...in the
real land of the free.
canucks free??? *That's a laugh. *All kinds of restrictive laws, got
to come to America to get decent, timely health care... you're under
your government's thumb. *That and crappy weather 10 months out of the
year? *No thanks.

But you do have decent beer. *I guess that's something. *:-)

At least our Banking System is secure.........More than I can say for
America. No? Then why are the American Banks sooooo jealous of our
system? Cause it WORKS.
And....we have better Coffee. Any coffee I've had south of the border
is like hot dishwater.

Tell us how your banking system works differently from American banks.

Probably a little tighter giving out loans... not one has *ever* gone
bankrupt.- Hide quoted text -

- Show quoted text -

Read the question slowly.....then try giving a real answer. erbetic