Some thoughts on the recently announced Critical Worker Benefit. Grab a coffee☕️ #ableg cause this is going to be a thread.🧵

First, let me say that I'm glad @jkenney is finally spending the money @JustinTrudeau sent AB. Overall, this is a good thing. But I have...questions
1/9

First, let's temper our praise here... The Fed Govt sent $$ to every province in MAY 2020 earmarked for critical workers.
This money was always destined for Albertans and Kenney sat on it while other provinces got it out to the workers that needed it. 2/9

https://t.co/NavolILtZF
Why do private sector employees have to rely on their employer to apply and distribute Gov't funds? That seems like a...strange...decision.

What if an employer doesn't know or doesn't bother? What if they don't distribute it properly? Is there any recourse? Just...strange. 3/9
Do employers have to deduct tax? CPP? EI?
What if somebody worked 300 hours during the qualifying period but no longer works for the employer?

Are payroll departments expected to set up a new earnings code just for a one time payment in Alberta? 4/9
What counts to the 300 hours worked between Oct-Jan? Vacation? Sick time? Disability? Leaves of absence?

Or is it strictly hours physically at work?

What if your employer reduced hours or even worse, laid people off? You're outta luck when you need it most? Neat! 5/9
Employees have to earn less than $25 hour if they work in the private sector to be eligible....

What counts for earnings? Just base pay? Bonuses? Tips? Commissions? 6/9
Is it just me or are restaurant staff just COMPLETELY MISSING from the list of eligible workers? I don't see servers, bartenders, kitchen staff, etc on the list of eligible workers. 🤔

Over in the public sector - nurses are eligible but teachers aren't? That's...odd. 🤷‍♂️ 7/9
How about workers in the "gig economy" (I hate that term). Folks that are delivering for Amazon, Uber Eats, Skip the Dishes, etc aren't eligible?

And they're usually "contractors" so their "employer" isn't going to apply on their behalf...guess they'll slip thru the cracks. 8/9
So yeah, the program seems...problematic.

Don't get me wrong, better than nothing but it sure seems like the program wasn't completely thought through.

To be fair @ucpcaucus was working at the speed of business(!) and they've only had since MAY to figure something out.🧐 9/9
Oh, and then there's this. Yikes. 😬🤦‍♂️
Nice catch @Tommy_Slick
https://t.co/EbtZ9I34Ne

More from Government

Abbott is pushing a lie to protect incompetence. There is no Federal oversight of the Texas Grid, ergo fewer regulations (sound familiar) - so point one: state legislature needs reform. 2/


2. Point 2: there were clear signs the grid would get overloaded under extreme cold conditions. Why? Due to a vacuum of regulations mandating winterization of turbines and power generators. This from sources, in Texas!

3. Point 3: Of the power shortfall that hit Texas, over 80% was due to problems at coal and gas fired plants. Power generators were just not winterized. Decisions to do so have been ignored since the 1990s.

4. Point 4: these are winterized wind turbines in Denmark. The ocean is frozen. The turbines are generating.


5. #Texas| the main issue is: catastrophic governance at the State level (no Federal oversight of the Texas grid) failing to allocate funding to winterise the Natural Gas, Coal and Wind Turbine elements that contribute to the grid. (~ 80/20

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
MDZS is laden with buddhist references. As a South Asian person, and history buff, it is so interesting to see how Buddhism, which originated from India, migrated, flourished & changed in the context of China. Here's some research (🙏🏼 @starkjeon for CN insight + citations)

1. LWJ’s sword Bichen ‘is likely an abbreviation for the term 躲避红尘 (duǒ bì hóng chén), which can be translated as such: 躲避: shunning or hiding away from 红尘 (worldly affairs; which is a buddhist teaching.) (
https://t.co/zF65W3roJe) (abbrev. TWX)

2. Sandu (三 毒), Jiang Cheng’s sword, refers to the three poisons (triviṣa) in Buddhism; desire (kāma-taṇhā), delusion (bhava-taṇhā) and hatred (vibhava-taṇhā).

These 3 poisons represent the roots of craving (tanha) and are the cause of Dukkha (suffering, pain) and thus result in rebirth.

Interesting that MXTX used this name for one of the characters who suffers, arguably, the worst of these three emotions.

3. The Qian kun purse “乾坤袋 (qián kūn dài) – can be called “Heaven and Earth” Pouch. In Buddhism, Maitreya (मैत्रेय) owns this to store items. It was believed that there was a mythical space inside the bag that could absorb the world.” (TWX)