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Showing posts from December 6, 2016

Trudeau government woefully miscalculates support for Kinder Morgan pipeline

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[A tank farm in an earthquake zone, hundreds of additional tankers in an already-busy port, insufficient fire protection, and the shots being called by an Albertan industry that has had an average of two crude oil spills a day, every day for the past 37 years. What could possibly go wrong? See also: Kinder Morgan and the myth of national interest, and Jim Carr's comments senseless, clumsy, B.C. leader says. *RON*]
Duncan Cameron, rabble.ca, 6 December 2016
Justin Trudeau should not expect to see a lot of $99 Liberal Party of Canada toques or $199 scarves being worn in metro Vancouver this winter.

Last week, the Trudeau government approved doubling the Kinder Morgan pipeline from Alberta. The Trans Mountain expansion proposes a 700 per cent increase in ocean tanker traffic through the port of Vancouver and an expanded diluted bitumen (dilbit) storage facility (tank farm) in the city of Burnaby, both in Tsleil-Waututh territory at Burrard Inlet…

North America is going to get a new billionaire every 6 days

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[With President-elect Donald paving the way. *RON*]

Rachael Levy, Business Insider, 26 November 2016

North America can expect to mint a new billionaire every six days for the next five years.

That's according to Credit Suisse's 2016 global wealth report, which charts the number of millionaires and billionaires around the world, and forecasts trends in global wealth.

RBS to pay investors $1 billion in bid to avoid fundraising trial

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[Forced to share $1 billion of $4 billion in ill gotten gains with the government (probably less than the nominal tax rate). And who goes to jail? Do you even need to ask? Cost Of Doing Business. *RON*]

By Kirstin Ridley & Andrew MacAskill, Reuters, 5 December 2016

Royal Bank of Scotland (RBS.L) has agreed to pay 800 million pounds ($1 billion) in an out-of-court settlement over allegations it misled shareholders during a 12 billion pound fundraising at the height of the financial crisis.

How Cubans Live as Long as Americans at a Tenth of the Cost

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[Lessons on human prospering in a 'despotic regime'. This is the true reason why the Cuban government is reviled by the likes of Donald Trump. It shows there is a perfectly viable alternative way, but only in a world with no Donald Trump. *RON*]

James Hamblin, The Atlantic, 29 November 2016

On public-access TV in 1985, Bernie Sanders defended an element of Fidel Castro’s regime: It was rarely mentioned that Castro provided health care to his country. Sanders grumbled that the same could not be said of then-President Reagan.

70% of British Columbians Support Pausing Site C Dam Construction, New Poll Finds

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[Between Clark and Trudeau we are at the point where we must ask, What does representative democracy actually mean? See also: Why It's Not Too Late to Stop the Site C Dam. *RON*]

By Emma Gilchrist, DeSmog Blog, 16 November 2016
British Columbians overwhelmingly want BC Hydro’s Site C dam sent for an independent review and support pausing construction on the $8.8 billion project while alternatives are investigated, according to a new poll conducted by Insights West.

Today's Trumpery

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