Tuesday, October 26, 2010

Grand Coulee man 33 facing charges after drug bust

article:
http://www.leaderpost.com/news/Grand+Coulee+facing+charges+after+drug+bust/3658933/story.html

summary:
There were two different drug bust that happened in Regina Saskatchewan recently. Both of the men are facing multiple charges for this. Even though both of these drug bust were independant of each other, they both resulted in fairly significant seizures.For the first bust RCMP found and seized 428 cannabis marijuana plants in a garage. As well as a significant amount of equipment such as lights, timers and fans. Quantity of cash were also seized at the residence. The other drug bust was found a few days later. They found just under a pound of cannabis marijuana, drug paraphernalia and cash. As well, three rifles and one shotgun were seized. This drug bust was a good example for the RCMP because it showed that the were actually doing work in the community.

Connections:  
This drug bust caused direct impact on the supply and demand for marijuana in our economy. After busting two houses with large amounts of marijuana plants, there was a decrease in supply. This would cause an inflation on the price since the supply count has been lowered. When large amounts of marijuana gets confiscated the dealers for the product will increase the price dramatically. If they don’t increase the price, they will be losing money due to the fact that there is not enough marijuana to satisfy the customers demand. Due to the increase in price, the demand for marijuana would decrease.


 Reflections:
There are many different opinions casted out by people about the recent and future drug busts. Whether it leans towards the good or bad side, there is only one clear image in my head. With the police and government working hard busting down houses or marijuana fields, the supply of marijuana will go down significantly and the demand will also go down due to the increased price. Since marijuana is not considered an addictive drug. There will not people that have to smoke it to survive. This place a big role in the supply and demand factor for marijuana. Since the demand will be low due to the fact that the prices will be too high, there will be less and less people choosing growing marijuana as a way of making money.





Sunday, September 19, 2010

chapter 1

summary:
The Potash corporation  of Saskatchewan wanted to sign up Canadian pension funds as partners.Chinese entities wanted to be partners with them but they rejected the idea. They didn't want to be partners with the Chinese entities because they want the cooperation under Canadian control. If they were under the Chinese sovereign the opportunity cost of the capital is often lower than what it is for a Canadian pension fund. Also they want to make sure that Saskatchewan benefits from the resource even when their partnered up with other funds. Their concerned about the future of Canpotex ltd. ( the group that sets export potash prices) they want to slowly shift away from canpotex and sell potash on its own. The government is worried that such move might lower the provinces legal and legislative options that could bind any buyer of this. They're hoping that this system would work out, so it can be used in the future.

Connections:
The article potash corporation  relates to opportunity cost. Saskatchewan realized that if they were to partner up with the Chinese entities then their opportunity cost would be lowered.  They think cooperating with Canadian pension funds would benefit them more in many ways. The government of Saskatchewan hired the conference board of Canada to study what is a take over of postash corporation would mean to their province. They did a lot of research on what the effects would be to be working with Asian companies. If asian companies really wanted to buy all or parts potash corporation then they have to find a Canadian partner.

Reflection: 
I think it would be a better idea if the Potash Corperation partnered up with a Canadian fund instead of asian companies. They would benefit more from working with Canadian companies. It's always cool to know if your food is locally grown in Canada because we import a lot of our food from other countries. Most of our foods are imported from USA. If they partner up with an asian company then we will lose one of our local food source that is from Canada.

article: http://www.vancouversun.com/business/fp/Pensions+wary+potash/3475247/story.html