Thursday, June 28, 2018

She Stands By Her Man

When we talk on the phone, my good friend Dave in Winnipeg often talks about the twin 'curse' of intelligence and education. Life would be so much easier, he says sardonically, without them.

I was thinking about Dave last night as I watched an NBC News report detailing the actions of one of Trump's legion. As a group, those people are indefatigable, and, to use a word favoured by the religiously insane, 'convicted' in Trump. And it becomes immediately apparent that the woman in the following video has 'escaped' the curses Dave speaks of.

Viewer Advisory: Do not watch if you have just eaten.

Wednesday, June 27, 2018

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



Monday, June 25, 2018

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.

Sunday, June 24, 2018

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.