Neoliberal Friends With Benefits

Kinder Morgan couldn't have a better friend than Justin Trudeau:

Texas-based Kinder Morgan made a seven-fold return on the sale of its Trans Mountain pipeline system to Canada's federal government, according to a new report that also warns the federal budget deficit could jump by 36 per cent because of the purchase.

The project has an estimated $7.4 billion price tag, of which Kinder Morgan says it has already spent about $1 billion. But the IEEFA report estimates that the company has only put about $600 million into the project so far. It estimates the company will make a 637-per-cent gain on the $4.5-billion sale.

The federal government is on the hook for about $11.5 billion in costs, including both the purchase and the remaining cost of construction, the report estimates.

"This transaction and the cost of further planning and construction could add a $6.5 billion unplanned expenditure to Canada's budget during (fiscal year) 2019," the report stated. "This would increase Canada's projected deficit of $18.1 billion by 36 per cent. to $24.6 billion."

The magnitude of Liberal ineptitude is stunning:

"There is every indication that the Canadian government has bought the pipeline at a high price and is likely to resell it for far less than it will pay to build it," Tom Sanzillo, the institute's [Institute for Energy Economics and Financial Analysis] director of finance, said in a statement.

"Canada is weakening its finances by taking on unlimited costs to buy an unneeded pipeline with an uncertain future and giving an unusual profit to a U.S. company," he added.

But hey. That's what happens when you elect a neoliberal government. But Justin still has nice hair.

Signs Of The Times

Tyranny Has More Than One Face

Methinks there is much truth in the following:

Trump's Amerika: "A Toxic Mix Of Senseless Cruelty And Corporate Greed"

The private-prison industry stands to make a fortune from Trump's immigration crackdown. This toxic mix of senseless cruelty and corporate greed means big profits.

The Truth About Carbon Pricing

The taxation levels for carbon set by the federal government will likely prove wholly inadequate in getting people to modify their behaviour to combat climate change. However, given the exit of Ontario from its cap-and-trade program by the incoming populist and reactionary Doug Ford, the truth is, it's better than nothing:



This Star letter-writer, I think, has the correct perspective, one that should give us all pause:

Think of the world’s greenhouse gas emissions in terms of a leaky roof, with each country responsible for fixing its portion. Canada, with only 1/200th of the world’s population, has to fix only that little patch of roof.

However, the average Canadian emits about 20 tonnes of GHGs per year, compared to 6.9 tonnes in Europe on average, 7.7 tonnes in China, and 1.9 tonnes in India. That means Canada’s share of the roof is leaking three times as fast as Europe’s and 10 times faster than India’s!

Ford’s elimination of the price on carbon, the one tool proven effective in controlling emissions, is irresponsible.

We are all under the same roof, and we all have to do our part.

Alan Slavin, Otonabee, Ont.

Is This Really Something To Be Proud Of?

I find myself these days thinking about the beasts that have been unleashed upon society. In the United States, of course, it is Donald Trump who has made it acceptable to openly hate, mock, exclude and even kill. In Ontario, citizens have selected Doug Ford as their new premier. While both Trump and Ford masquerade as "for the people," they are really devoted only is unleashing the beast that resides in all of us, the most selfish and destructive aspects of humanity, for their own gain. All they have to do, as time goes on, is to find new targets for their diabolical agenda.

I was out walking, and a question occurred to me: What is it that people feel when they have had ample opportunity to spew their bile, vent their prejudices, vituperate a particular group or cause, or given the middle finger to succeeding generations by vociferously opposing any measures that might help mitigate the climate change that is quickly overtaking all of us? At least when we do something positive, whether it be a contribution to a cause, support for an issue, a personal kindness or gesture that recognizes and acknowledges our shared humanity, we are left at least a little enlarged, a little bigger inside for what we have attempted, maybe even a little more fulfilled.

What do those who choose to embrace the darkest paths feel?

Perhaps an appropriate frame, if not an answer, can be found from an episode of Breaking Bad, a series about a high school chemistry teacher who turns his resentments and the fact that he is dying into a crystal meth empire, one that ultimately costs countless lives. It was a show I was addicted to (no pun intended, well, okay, maybe a small one) despite the fact that it was the darkest meditation on human nature I have ever seen.

In the following scene, Jesse Pinkman, seduced into the crystal meth business by his former teacher, Walter White, have a discussion:

And this is where Jesse now found himself. Sat in his partner's living room, trying to set himself free from the life he could no longer be a part of, with Mr White not willing to allow him to go.

Finally, Walt spoke up again, his words hard and determined. And upon hearing them, Jesse knew he was fighting a battle he couldn't win.

"Jesse, you once asked me if I was in the meth business or the money business.” Walt looked up from his glass, and eyed Jesse. “I'm in the empire business.”

Jesse gaped back at him, and managed a small shake of his head. Bringing a hand up to cover his ever worsening head ache, he replied, “I don't know, Mr White. Is a meth empire really something to be that proud of?”

And that is the same question I pose here, in this later part of my life, looking at a world gone mad:

Is your embrace of a darkness that does nothing other than to weaken and to destroy really something to be proud of?

This Is What They Are Fleeing

While Trump and his apostles demonize the migrant families seeking sanctuary in the U.S. as rapists and drug dealers, here is a part of their reality the profoundly intolerant choose to ignore: