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click here for Wednesday-Night.com   home page
The Nicholson Files
for over 25 years

#1306 14 Feb 2007

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Wednesday Night Salon
#1306 14 Feb 2007 Page 2

Introduction


Alexandra Tcheremenska-Greenhill

Although it might have been expected that the first night of the next 25 years would be sparsely populated, the presence of Dr. Alexandra Tcheremenska-Greenhill for her last evening for the foreseeable future encouraged a number of Wednesday Nighters to join in wishing her bon voyage to Vancouver and great success in her new position of Associate CEO with the BC Medical Association (BCMA), which is the second largest provincial medical association in Canada and, according to Alex, "beyond representing doctors, is doing some fantastic innovative work".

A new member of the OWN

The announcement that the Chairman and Mouse had made an executive decision to award Alexandra membership in the Order of Wednesday Night was greeted with enthusiastic applause. The citation reads:

With the approval of the members of the Order In recognition of your consistent contributions to Wednesday Night discourse, whether in person or through messages and references on numerous subjects, and not limited to your own areas of specialization in healthcare, combined with your high level of interest in and support to discussions of political and international developments, with emphasis on the issues of leadership, and your loyal commitment to the health and well-being of fellow Wednesday Nighters, as evidenced by your careful attention to the nutrition of their spirit and flesh

By these presents we do appoint you Honoured Companion of said Order, Delegate General to the Province of British Columbia and Convener of the West Wing of Wednesday Night and authorize you to hold and enjoy the dignity of such appointment together with membership in the said Order and all privileges thereunto pertaining


What’s the Trouble?
January 29, 2007

Rate your Doctor

The Internet site where patients may rate their doctors [ ratemds.com/canada/index.jsp [Editor's note: Further comment from David Mitchell in an e-mail message: "having taken a look at that ratemds.com/canada/index.jsp site, it strikes me that they're making the same errors that university 'evaluation' of teaching advocates have. In the case of 'teaching' we lack a clear model of 'good teaching' to use as a touchstone so the evaluations typically focus on other things. Moreover long ago two very different studies showed [1] that students rate most highly instructors from whom they learn least and [2] lecturers trained by a drama coach improved their ratings considerably despite not changing content/method. So what is good teaching? Not sure if the same applies to physicians; who/what is a good doctor?"]

In principle, no professional, technical, political or unspecialized person offering services to the public should be beyond evaluation. However, anonymous feedback, while possibly accurate as a reaction, may sometimes be unwarranted or misplaced. While many Wednesday Nighters expressed their belief that this was the only valid means of expressing their disenchantment with a health care provider, others, while acknowledging the increasing popularity of this and like websites, were far less enthusiastic for several reasons.

The principal concern was the anonymity of the person posting the criticism, depriving the professional of the opportunity of responding or of seeking redress to libellous or slanderous attacks. The anonymity of the complaint precludes the posting of a response from the physician or divulging confidential information. A fundamental tenet of common civil law is the requirement to hear the other side.

It is the Professional bodies, in this case the College of Physicians and Surgeons that are responsible for maintaining professional and ethical standards and it is to them that complaints should properly be addressed and the blame placed if they are not.

It is only medical practitioners among all professionals that are permitted to perform medical, but more particularly, surgical acts without risking being charged with the commission of an assault. A verbal, or at times, written contract has been entered into, one point of which is informed consent. A patient visiting a Doctor’s office is presumed to have consented to treatment.

Some years ago, a study of patient complaints was commissioned by the board of management of a major teaching hospital in Montreal. To nobody’s surprise, it was determined that few, if any of the complaints related to the treatment and were very specific as to the nature of the hospitalization. No complaints had been received from psychiatric patients; obstetrical patients almost always complained about the perceived cleanliness of the bathtubs; surgical patients about the cleanliness of the rooms, especially the drapes around the beds and medical patients about the meals. It is not unusual for frightened or upset patients to explain their anxiety, concerns or fears by criticizing their care providers.

The fact that the site is vastly more popular in Canada than its counterpart in the United States speaks to the frustration felt by Canadians in seeking out timely medical care, the result of poor planning for the provision of medical care. A large part of our Federal and Provincial budget goes to maintain our health care system, yet comprehensive planning to meet the medical needs of the population remains inadequate. This is not confined to Canada; there is not a country in the world that has a perfect health care system.

Note: See The NEW YORKER

Cuba

(See also: Jacques Clément’s Report on Cuba) The world is waiting to see what happens in Cuba following the expected death of Fidel Castro. One of the wild cards is the population of Cuban exiles in Florida – who do not necessarily all share the same view of what the future should be. A recently returned visitor, who has been going there for over 10 years says that in the past 10 years, little has changed with respect to poverty; however economic growth last year is claimed to have been 7%, (on $36 billion GDP) largely attributable to tourism, but there are also important mining activities and a large trans-shipment industry.

Recent polls indicate that an increasing number of the population is becoming disenchanted with socialism (43%), however it is questionable how many Cubans feel confident that they can answer any poll honestly. There are requests for half a million over a year visas to the U.S.

The average Cuban has lived his or her entire life under Castro. People are afraid to speak and believe that Castro is their father, friend and Cuba is the greatest country. To understand what will happen when Castro dies, you have to look to former communist regimes in Europe. It won’t change overnight, but will happen gradually.

For largely ideological reasons, the U.S. has obsessed about Cuba for over 40 years. The Embargo has caused much misery and the only concessions the Americans have made is to permit Cubans residing in the U.S. to send $1500 per year home to their families and to have somewhat relaxed the prohibition against export of pharmaceuticals to the island. At least one observer believes that the U.S. is anxious to exploit the resorts and tourism potential of Cuba where currently, American firms (airlines, hotels, developers) are frozen out of the marketplace.

video Cuba by Jacques Clément, Peter Perkins Brian & Morel Mkt 5:31

The Stock Market

There is some concern that the end of the bull market in equities may be approaching. However, predicting the date and time of the last gasp remains difficult. Our Wednesday Night technician points to the decennial history of the market in years ending in seven from 1887 to the present, each indicating, without exception, a decline ranging from nine percent in 1947 to forty percent in 1937. Cautious investors should be afraid, but at least one market guru believes that whilst we have turbulent times ahead, the time is not nigh for the end of the bull market. The fundamentals are still good. It’s right to be cautious for the present time. In 1929, the crash occurred on September 21 and on September 20 of that year, President Hoover declared that the health of the American economy was never better.

[Editor's note: while we generally avoid disputing any facts advanced on Wednesday Night related to the stock market, we must put in our two cents – a small investment: the crash actually occurred in October of 1929, more precisely on October 28 and 29 see: stock-market-crash.net/1929.htm ]

A new phenomenon (and new term to many) is America's subprime-mortgage market, which is the subject of much media coverage that has dented investor confidence again. The Mortgage Bankers Association reported a rise in mortgage defaults and activity in home foreclosures in this market, which lends at a 2-3% premium to borrowers with weak credit.


Subprime jitters are spreading
Mar 14th, 2007

Lord Black in Chicago

Lord Conrad Black, who was born in Canada and made his money in the U.K., is currently on trial in the United States. Egalitarian Canadians appear to exhibit some glee in anticipating the fall of the mighty but it is doubtful that Americans will have the same prurient interest. The selection process will tend to eliminate jurors [if any exist] who have followed his career to the extent that Canadians have and there will be witnesses for the defence who will be in a position to contradict the prosecution, on such issues as the designation on non-compete fees to Conrad Black. Further, the type of business he is in and the relationship between the individual and the business presents a grey area in which it will be difficult to define the line between business and personal – even if extravagant - expenses. It must be remembered that these are criminal charges and must be proved beyond any reasonable doubt. The one act that has the potential to trip him up was the illegal removal of files. Significantly, when he was removed from the company, the shares dropped from fourteen dollars to one.

Radio


Like the report of Mark Twain's death, reports of the death of radio –at least FM – are greatly exaggerated.


What will happen to the price of oil?

Real estate


Bulletin Board

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Canadian dollar is expected to decline against its U.S. counterpart.

The economy
See also JACQUES CLEMENT: Pages ON THE ECONOMY

Peter Perkins's forecast Wed1306

March 14 2006
1 min

Previous Videos

Jacques Clément's forecast Wed1306

March 14, 2007 for Wed1306

Cuba by Jacques Clément

That country, with a population of over thirteen million people, including over three million in Havana, has the highest literacy rate and lowest infant mortality rate in Latin America, with average life expectancy of over seventy-five years. They are the only socialist country left in the Northern Hemisphere. The government is undemocratic after three hundred years of colonialism and over sixty-seven years of hating the Americans.

They have a gross domestic product of only $36 billion, of which services represent 68%, industrial, 24% and agriculture, 8%. Exports are equivalent to 20% of their G.D.P. and consist of nickel, 53%, tobacco, 11%, drugs and pharmaceuticals, 10%, sugar, 8% and fish-farm products. Economic growth was at 7 ½% last year and 5.4% is expected this year. With over 200 hotels, tourism is the main source of revenue ($2.1 billion income) with over two million visitors annually and an annual growth rate of over 25% for the eighteenth consecutive year.

It employs over one hundred thousand people (36% being women and 56% being university graduates). Europe (Spain, Italy, Germany and France), have over 700,000 tourists yearly, followed by Canada (600,000+), U.K. (211,000+) and Argentina, Brazil, Russia and Hungary. They have joint venture investments with the same countries as well as with Mexico, Netherlands and Asia. Unemployment is low.

They have no taxes, subsidized housing for the poor families, free health care, free education, housing for the aged, advanced vaccines and biotechnology. In mining, Sherritt International, the Canadian company, is expanding a power-metals project in Cuba,, investing$455 million. Since the 1958 revolution, the U.S. embargo only permits Cuban Citizens living in the U.S. to send $1,500 annually to their families and some food to charitable entities.

The women are participating greatly in Cuba’s political, cultural and social life, representing an average of 66% of all technical and intellectual professions, public sector, 46%, research 49%, university graduates, 63%, doctors, 56%, health and international missions, 52%, attorneys, 71% and 36% as Members of Parliament. Sex equality dates back to 1959. Over one million people have fled to the U.S. since Castro took over and they have 500,000 yearly applications for U.S. visas.

They were a founding member of the World Trade Organization and member of the group of seventy-seven countries including some in Africa, Asia and Latin America.

1306 Cuba by Jacques Clément, Peter Perkins Brian & Morel Mkt 5:31

1306 Peter Perkins RM Tony Deutsch Mkt 2:49

1306 Peter Perkins Mkt 1 min 8 sec

Videos 1301 Jacques Clément & Ron Meisles Reoprt 3 min Feb 7

1303 Jacques Clement 1303

Near Term Trading Outlook:

Jan 22 video Charlie Rose - Robert Rubin some surprising comments

Notes by Herb Bercovitz OWN Editor: Diana Thébaud Nicholson OWN

Radio, the long-lasting treasure


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Note
Wednesday-Night creates charts and follows stocks, including timely related financial news items, in which Wednesday Nighters are interested and in order to demonstrate a service that could eventually be developed and marketed. Wednesday Nighters are invited to participate and help to test the service.
see Wednesday-Night.com Flip charts



QUOTES of the EVENING from recent
Wednesday Nights

2007

    From #1303 14 Feb 2007

  • With an increasingly aging population, what is disturbing is the lack of some transparent method of planning at either the federal or provincial level for numbers of doctors, nurses.
  • Charest has restricted [places] in Québec – it's all being controlled by people in the Finance Department
  • There is not a country in the world that has a perfect healthcare system – we need systems that enable us to test solutions, manpower planning.
  • [A propos rateyourmd.com] Why have a site to rate what you don't have?
  • People don't like being rated – the Internet gives the necessary transparency and accountability
  • If you can hide behind anonymity, you can avoid responsibility
  • Poverty is poverty and is rampant throughout many parts of the world - There are a lot of other countries in Latin America – and elsewhere – where there is extreme poverty, so ideology is not the only issue
  • The average person should be doing nothing [in the market]
  • It is sad that in this 'middle class country' [Canada] there is a strain of jealousy and pettiness that stifles all that is dynamic, entrepreneurial and creative

    Karen: Youth delegate to climate change COP – Journalism degree from Carleton – has written for the Globe & Mail from Toronto received Canadian Press award
    Elena's guest filmmaker from California has worked on James Cameron movies including Titanic - single with 13 year-old daughter. Hollywood nervous about film making in other countries particularly Canada (Vancouver) exchange rate not the issue; it's all about tax credits. Although productions in Canada are only about 3% of total U.S. it is still a significant dollar amount and has become a very sensitive political issue. Quebec is in 3rd place behind BC and Ontario.

    More Quotes Short | Full List

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2007 Notes for #1306

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Cuba by Jacques Clément, Peter Perkins Brian & Morel Mkt 5:31

1306 Peter Perkins RM Tony Deutsch Mkt 2:49

1306 Peter Perkins Mkt 1 min 8 sec

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Ex Thomas L. Friedman. While you were Seeping The World IS Flat Video length is 1:15:04.

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Bush's Lost Jobs - The Fuller Story - March 14, 2007
George W. Bush has been blamed for many things. But one that comes up repeatedly is the loss of 3 million manufacturing jobs, which many critics attribute to his trade policies.
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