Happy Thanksgiving!

By Gordon Brockhouse

The news headlines over the past couple of weeks have been anything but cheery: stock-market meltdowns all over the world, failures of once-mighty financial institutions, a tumbling loonie, bitterly divisive elections in Canada and the U.S. So it’s understandable if Canadians head into this holiday weekend with a high degree of anxiety.

I think we’ll all be happier on Tuesday morning if we can stop worrying for a bit. The fact is we have a lot to be thankful for on Canadian thanksgiving.

Even if our portfolios have taken a shellacking, we still have a functioning economy: one that added 107,000 new jobs in September, when the meltdown began. Our own industry is making a contribution, as you can see by the story on our main page about Future Shop hiring 6,000 seasonal associates for the holidays. Regardless of where the markets go next week, the vast majority of us will still be working and providing for our families.

Of course, many individuals and families have been hurt by the economic turmoil. Thankfully, our blessed country has the institutions and generosity to assist those who aren’t so fortunate.

Even if we’re witnessing two unusually nasty elections, the mere fact that we have elections is another reason to give thanks (and to get out and vote on Tuesday!). Even if we don’t always think well with our leaders, we get to choose them and hold them to account. We have constitutions that let us change governments peacefully, rather than at the barrel of a gun.

There are many other reasons to give thanks: family and friends to name two of the most important.

So instead of worrying, let’s all do what we’re supposed to do on Thanksgiving holiday weekend, which is 1) relax and have some fun, 2) give thanks, and 3) eat a really big turkey.

Happy Thanksgiving to all our readers from the Marketnews team!

FaceBook - Should I, or Shouldn't I?

It started with AOL. Then MySpace. Now all the rage in social networking is through a Website called Facebook (www.facebook.com). I can't count on both hands how many requests to join I've received over the last few months. Each one, I quickly passed over, thinking I spend waaay too much time online as it is. I don't have time for this now. . Every time I caught up with friends, and even family, I was asked if I'm "on facebook", and told how highly addictive it is. Old friends enthuse to me that they've located an old elementary school classmate, and he's living in China now! My best friend calls one night excited: you'll never guess who I found on facebook!. What on earth is so fascinating about this Website?

So last night, I decided to bite the bullet and join. Within minutes, I had notes on what they call my "wall" (looks sort of like an open forum) welcoming me to this highly addictive social community. I quickly added some of my friends (those dozens who had sent the requests over the months), and looked through THEIR friends, many of which I also knew. I got excited as I scrolled through the lists and recognized faces: Oh my gosh! I remember him from grade school! Wow, that is what so and so looks like now? She got married? Moved to BC. Is engaged. I was flooded with all of these faces from my past. Is this a good thing?

Some tend to think not. One person described the site to me as a place for "losers who can't let go of their past." Another said he started receiving requests to be "friends" with old schoolmates that he had "spent years trying to get away from in the first place!"

Why are these sites so popular? Is it a need for affirmation that one has friends? It's certainly a good feeling to have someone "confirm" their "friend" status with you. Is it a need to know you're remembered by those you've crossed paths with in your life? Or is there a voyeuristic tendency to learn whatever came of that guy that you hated in high school, or the girl you had a crush on in kindergarden?

Whatever the reason, it seems like everyone I know, or have ever known, is "on" facebook. I haven't figured out the inner workings of the site yet, but I'll definitely be visiting again to see what new faces pop up. Whether it's curiousity, or simply the fact that I'm sicking of being asked if I'm on the site, it looks like I've jumped on the bandwagon. Until the next "hot" site comes along....