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Old 10-28-2009, 03:50 PM   #21
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Originally Posted by LARS View Post
Ah yes the good old days when you could arbitrage on credit cards...
Up until last year, I have done very well on that arbitrage, eking out a net income of $30K/yr sometimes. Last year though, I lost $25K with about $5K in finance charges. Oh well, like everyone on Wall Street, hello Chapter 7.
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Old 10-29-2009, 03:08 PM   #22
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Yup, you USians started this!
I was just explaining, not finger-pointing. Ordinary Americans have essentially no more to do with this silly new requirement than do Canadians. And many of the border states have been pretty vocal in their opposition.

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I think it was related to a recent incident at the BC-Washington State border.
AFAIK, the only documented case of a terrorist entering the USA from Canada is Ahmed Ressam, the ‘Millennium Bomber' who was caught at Port Angeles, Washington (in 1999, ten years ago!). That hardly seems worth all the time, expense and inconvenience caused by the heavy-handed approach (see heightened security at U.S.-Canada border catching few terror suspects).

Unfortunately, the silly "homeland security" people are behaving like typical bureaucrats and are relentlessly focused on expanding their empire. See generally Interview with Janet Napolitano.
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Old 10-30-2009, 03:04 PM   #23
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Originally Posted by swampwiz View Post
Up until last year, I have done very well on that arbitrage, eking out a net income of $30K/yr sometimes. Last year though, I lost $25K with about $5K in finance charges. Oh well, like everyone on Wall Street, hello Chapter 7.
That's why I only used for I-bonds and kept enough to bail myself out!

Concerning unplanned crossing: Well, it was the Canuks that had us dismount go inside and talk to the friendly guy with the gun. Just galloped through the US return. Wish, I knew about the cheaper gas - I didn't even notice a station though.

I had always heard how much nicer the view was from the Canuk side, but with the mist blowing that way, the sidewalk adjacent to a busy street and the minimal parking - we weren't really impressed....
On the US side of the falls, we parked at the closed 'Discovery Center' and walked along the river in a park-like setting upto and past the falls and eventually took a free trolley back after visiting 3 Sisters' Islands. We didn't do downtown Niagara NY except to find an BofA ATM.
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