Friday, October 26, 2007

Broken English

"Never a government fall down because of a throne speech."

Mike Duffy Live: Liberal Leader Stephane Dion explains why his party did not vote against the throne speech


But they fall down laughing when the Leader of the Opposition speaks.


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See:

House Divided

Does Bilingualism Matter?

Should Liberal Leader Be Bilingual

Dion Sucked

Kennedy And Dion


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Another BT Bites The Dust


Bad week for Blogging Tories first Canadian Blue Lemons closes up shop now so has Dust My Broom. Too bad, so sad.



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Troops Out Now!


Day of Action Against the Wars - Saturday, October 27

Canada Out of Afghanistan and U.S. Out of Iraq.


Gather at Corbett Hall at 1:00 p.m., march down Whyte Avenue to TransAlta Arts Barns.






SEE:

Afghanistan


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Job Protection for


Canadian Reservists



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Labour Rally Today

AUPE and other unions are calling for changes to the labour laws in Alberta in favour of workers.


October 26, 2007
There will be a rally on Friday October 26 at the Alberta Labour Board at 3PM (10808 99 ave) AUPE along with many other concerned Albertans will be presenting the Albertan Government with thousands of letters asking the government to change Alberta's antiquated Laws. Please help spread the word and most certainly bring family and friends

www.albertasolidarity.com


Abolishing the Labour Relations Board would be one solution.



"The employing class and the working class have nothing in common."
Preamble to the IWW Constitution



See:

Alberta's Padrone Culture

Temp Workers For Timmies

Labour Shortage = Union Busting



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Peak Oil Will Lead To WWIII

From Defense And The National Interest a Power Point presentation in PDF by Robert Hirsch on the impact of Peak Oil and US national security. Don't plan for Peak Oil then prepare for WWIII says Hirsch.

And he is serious as are the folks who published his report.

Welcome to Defense and the National Interest. Our aim is to foster debate on the roles of the U.S. armed forces in the post-Cold War era and on the resources devoted to them. The ultimate purpose is to help create a more effective national defense against the types of threats we will likely face during the first decades of the new millennium.Contributors to this site are, with a few exceptions, active/reserve, former, or retired military. They often combine a knowledge of military theory with the practical experience that comes from trying their ideas in the field.


Peak Oil is now a given reality. And its potential threat to create a crisis that needs a military response is no longer thought of as the rantings of just a tiny fringe group. Instead it is a crisis scenario being seriously discussed by military and security wonks.


10/23/07 World Oil Shortage - Scenarios for Mitigation Planning, by Robert L. Hirsch. "The more you think about it, the uglier it gets." Stand by for World War III. [114 KB PDF]

Background
“…it only requires a relatively small amount of oilto be taken out of the system to have huge economic and security implications.”
Robert M. Gates. Oil Shockwave. June 2005.

“The rate of decline after a peak is an important consideration because a decline that is more abrupt will likely have more adverse economic consequences than a decline that is less abrupt.”
GAO-07-283. February 2007.

IEA: There’s Trouble

•“The recent apparent surge in oil and gas investment is illusory, because costs have soared. Real investment in 2005 was barely higher than in 2000.”

•“This energy future is not only unsustainable, it is doomed to failure," because of underinvestment.

•"... we are on course for an energy system that will evolve from crisis to crisis…”
•Excess capacity and demand converge in 2012 (Peaking).


See:

Technocracy Inc. Predicted Oil Crisis Over 50 years ago

Canada Reaches Peak Oil In 2020

Peak Oil: France and Canada Agree

Ontario Succumbs to Peak Oil Crisis

Impeach Bush.....Over Peak Oil

The End of the Oil Age

Caspian Oil

Capitalism Creates Global Warming


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A Glass Half Full Or Half Empty


Two Progressive Bloggers views of Farmer Ed's Royalty compromise. The glass is half full, the glass is half empty. I of course take the latter view.

Stelmach Finds the Balance in the Response to the Royalty Review

alberta's royalty review: who's side is ed stelmach on?




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Thursday, October 25, 2007

A Half Billion Short

Not our Fair Share. It's short by a half billion. It doesn't take effect until two years from now, and Ed still has to address the fact that while he was in cabinet we lost between $1 billion and $2 billion a year in what was owed us for ten years.

The new royalty framework announced today will boost overall royalties by $1.4 billion or 20 per cent in 2010. But Stelmach has rejected a call to impose an oilsands severance tax that established producers would have had to begin paying next year.

The new rates, which will hike royalties from current highs of 35 per cent to a maximum 50 per cent for conventional oil and natural gas, won't take effect until 2009.

Under the new framework, which will take effect on Jan. 1, 2009, the government projects it will squeeze $1.4-billion more from the oil and gas sector, with most of the increases coming from the oilsands.

The government take from oilsands projects will increase from the current 1% before project payout, to a range of 1% to 9%, depending on oil prices.

When investment is recovered, projects will see royalty increases from the current 25% to a range of 25% to 40%, depending on oil prices. At current oil prices, that translates into a government take of about 65% of net revenue, up from the current 47%.

The new framework will boost government take for natural gas from 58% today to 60%, rather than 63% recommended by the panel; for conventional oil, government take goes up 5% to 49%, which is what the panel proposed; for oilsands, government share increases to between 57% and 66%, when the panel was recommending an increase of 64%.

Even so watch the whining and sniveling begin, as was shown by Oil Lobbyist and Ralph Klein's brain; Rod Love on CBC today.

What Big Oil pays in royalties is a mere $2.2 billion more than what the government brings in from you and I.

Energy royalties and taxes are vital to the Alberta government's Canada-leading wealth. They brought in $9.8 billion last year, compared to only $7.6 billion in personal income taxes.

Auditor General Fred Dunn bolstered the case for higher royalties earlier this month, when he revealed that the government has ignored its own conclusions since 2004 that it could reap $1 billion more a year without damaging oil and gas companies' business prospects.

SEE:

Headline Says It All

Ohhh Pulllleeeaasse

Alberta Needs A Chavez

Albertans Are Simpletons Says Government

Royalty Is NOT A Tax

Fearless Prediction Confirmed

Morons

More Shills For Big Oil

Stelmach Sells Out

King Ralph Shills For Big Oil



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December 3 Alberta Election


The cat is out of the bag. Rod Love, Ralph Klein's brain, was on Don Newman's Politics show on CBC today reacting to Ed Stelmach's Royalty announcement. As the guy who worked with Klein to give away our wealth at a penny on the dollar he was in shock. As predicted here Stelmach raised the royalties but not as much as the Royalty report had recommended.

In shock Love inadvertently blurted out the Premier's planned election date as December 3. Mark your calendars.

See:

Mason Hits The Bricks




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Black and White

What a difference it makes in America if you are rich, white and live in California, rather than poor, black and live in New Orleans.

Bush Travels To California To See Fires
President Bush flew to fire-ravaged California Thursday with promises of federal help, supportive words for those who've lost home and businesses and thanks to overworked firefighters.


After Katrina he failed to visit New Orleans until the anniversary of 9/11. Weeks after the hurricane hit. And then it was for another photo op like 9/11.


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Someone Tell Don

Gee now maybe the CBC will dis' him too.

Ezra Levant Disowned By The Sun



See:

Ezra Says Gay Bashers Are Muslims

Don Newmans No Spin Zone

Western Standard RIP


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