Wednesday, July 21, 2010
A BCRail message to Ontario: stop the rot now, or see (in BC Rail) what you end up with
Thus, the 900 million, if the federal government decides to charge it, will pass from the provincial government to the feds instead of from CN to the feds. CN won't get the money (except that in principle they've already received it as a tax break).
So far, the feds haven't asked for it and probably won't, but just in case they do the provincial government is keeping track of what they might owe.
What's alarming about this is that it shows that BC residents are no longer getting much of anything out of BC Rail, including the corporate tax payments we should be getting. CN won't get any cash refund, but they have already received a tax rebate refund for roughly the purchase price of the railway.
By Michael Smyth, The Province July 22, 2010 6:53 AM
"Instead, we get spin and butt-covering. Then again, what do you expect when Coleman is responsible for both the promotion and the policing of gambling in B.C.?"
The only part I've left out of the title in the 2010 topic..... "Lotteries Fiasco"
But it was the same fox in the henhouse on December 28, 2003 when the topic was Raid on the BC Legislature.
And he still has to testify in the Basi/Virk/Basi trial.
This is what they mean when they say "we need people with good business skills in government, as government should be run as a business". But not, they'll loudly assert, a business that's allowed to make money, because it's wrong that the government should profit. So the solution is to run government into the ground so it can be sold off to business, and those good business skills are rewarded with jobs in the newly-created private sector outsourcing and offselling....
"Government should be run for the benefit of Big Business" is of course what they really meant. This isn't about giving the fox control of the henhouse, this ia about giving keys to the public treasury to somebody whose job is clearly banditry and fraud.
When the numbers all come down, it'll come out that we paid CN to take our public railway from us, so that they could profit from it, instead of us.
Does anybody doubt that Gordon Campbell, once drive by power either by the courts or his own caucus, get a nice fat arrangement, by whichever backroom corridor, from his political benefactors in CN and his other buddies on Savary Island? It's like Mulroney with all his friggin' directorships; no matter how blatant the wrongdoing, the capital class will always find ways to grease its errandboys.
This is way bigger than Campbell; he's merely a patsy, a bigger-league fallguy, for the guys who rigged this takeover and the plundering of the public treasury, and the public trust. There's corporate people who should be charged, either low-life conspirators or those who conceived and engineered this whole thing, including the privatization of CN itself back in the '90s, right from the start....
THE WHEELS OF JUSTICE MOVES SLOWLY,
BUT, THEY'RE ALL GOING DOWN:)
"Management believes it is unlikely that the province will ultimately be held liable for any amounts under the commercial and tax indemnities."
Please understand the following, as we have previously noted regarding the faux/not faux 'booking' of the growing indemnity in previous years....
Specifically, this 'Management' that is saying this thing about it all going 'poof' when it approaches 10 figures was originally the same bunch of very, very fine fellows (and Gordon Campbell appointees) who:
a) Took the finest of the fine advice from an even finer fellow named Patrick Kinsella during the 'transition' from 2002 to 2005, and;
b) Collectively collected literally millions of dollars to essentially run little more than 40km of Roberts Bank Spurline after the Quid Pro Quotian Deal went sour in the spring of 2004 up until this spring when the fourth estate finally made a fuss about their egregious renumeration.
(and we are so glad that Mr. Palmer is, indeed, at least occasionally, still trying to keep up - sheesh)