Overpriced Pipeline – Pro Gun Doug Ford
Experts say feds overpaid by $1.2 billion for Trans Mountain pipeline
The federal government may have paid too much for Kinder Morgan’s Trans Mountain pipeline, but a petroleum marketing expert says taxpayers will be able to recoup the forecasted $11-billion investment if the project can be completed on schedule and under budget.
Analysts with Royal Bank say Justin Trudeau’s Liberals are paying a premium of approximately $1.2 billion for the existing link from Alberta to the B.C. coast and the engineering plans for an expansion that will nearly triple the pipeline’s capacity.
Canada’s Dirty $20-Billion Pipeline Bailout
Trans Mountain existing assets valued at $550 million in 2007.
Finance Minister Bill Morneau has proposed sacrificing Canadian taxpayers to bail out an uneconomic U.S. pipeline owned by former Enron executives.
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And the bill for taxpayers won’t be $4.5 billion as Morneau claims, but much closer to $20 billion, says economist Robyn Allan.
Let’s parse the fantastic numbers, because they will affect all of us.
The $4.5-billion purchase price only buys a leaking 65-year-old pipeline, an aging tanker farm not built to withstand earthquakes, and a port facility as well as engineering plans and permits for the twinning of a high-risk expansion project.
In a move meant to curb “the violent criminals who think they own our streets,” Ontario Premier Doug Ford announced $25 million in funding over four years to address gun crime and gang activity in Toronto.
“We are sending a clear message to the thugs,” Ford said at an announcement Thursday that drew fiery criticism from policing and legal experts.
Ford once again presses Tory for action on gun violence in new letter
In his latest letter to Tory, Ford reiterated the provincial government’s investment of $25 million in funding, which will help in providing tools and resources to combat gun violence, but added that more needs to be done.
“As Mayor you have the power to bring this issue before City Council and match our investment, a move that would further assure Toronto residents that their municipal government takes the fight against guns and gangs as seriously as the Province of Ontario does,” Ford said.
The premier also took jabs at Monday’s city council meeting that will look at legal options available to fight Ford’s Bill 5, which will cut the number of city councillors from 47 to 25.
60 Hard Truths about “Liberals”
For those of you who do not know, especially young people, I am compelled to inform you of the generally un-known truth that the word “Liberal” has a proud heritage and was originally a word that described men who were the political opposites of modern “Liberals.”
The word “Liberal” was forcibly stolen and corrupted by evil men who intentionally perverted the use and meaning of the word. In the long forgotten past, the word “Liberal” described honorable and principled men who held to a philosophy of government that advocated Constitutional Republicanism. Constitutional Republicanism is a type of government almost unknown to most of the world. America was originally a Constitutional Republic. A Constitutional Republic defined is characterized by a very small government with limits on its powers of taxation and whose other powers are strictly limited by rigorously enforced Constitutional edicts. But modern Liberals are nothing more and nothing less than Communists, Socialists and Dictators. Modern Liberals promote, advocate and enforce the centralization of all political power into an all powerful central government. The honorable old Liberals of the 19th century must be spinning in their graves over the outrageous corruption and modern use of the word “Liberal.” Following are 60 Truisms about Liberals: