Case closed: No Nexen for you

Thursday, November 22, 2012

Case closed: No Nexen for you

In today's Globe and Mail, Preston Manning makes the case that Principles, not mere pragmatism, should drive the Nexen decision

That said, how about this for a principle to apply to the Chinese state takeover of Nexen?

Who on the UN Security Council in July of this year supported the on-going slaughter of innocent civilians by Syria's Assad regime? Answer China and Russia.

Case closed. No Nexen for you.

3 comments:

Dr Mike said...: If Nexen had been allowed to turn to the income trust structure , this would now be moot.

A Canadian company with cheap capital to invest = cash in investor`s pockets = success all around.

Dr Mike Popovich; November 22, 2012 at 10:34 AM
Anonymous said...: Lets CNOOC this Nexen deal for good with a Shout Out !
SHUT UP CNOOC it's over !!

Dr Mike your bang on !!

JC; November 22, 2012 at 11:03 AM
Bruce Benson said...: Brent I never thought of it this way, I forgot about China and the Russian UN votes in support of the Assad butchers. NO to CNOOC.; November 22, 2012 at 5:18 PM

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VIDEOS

Part 1: Why did Jack Layton fall for Harper's tax leakage lie?

Part 2: Why did Jack Layton fall for Harper's tax leakage lie?

Part 3: Why did Jack Layton fall for Harper's tax leakage lie?

Part 4: Why did Jack Layton fall for Harper's tax leakage lie?

Sheriff Flaherty: "It's the law now."

Vancouver Quadra campaign: Cadman and income trust scandals

Finance Committee questions Mark Carney

John McCallum takes on Flaherty Question Period Dec 13, 2007

CAITI's Brent Fullard at the Halloween Vigil Ottawa Oct 31, 2007

Dick Schmeelk "Confessions of a Carpetbagger"

Seymour Schulich on BNN with Amanda Lang

Brent Fullard on BNN May 14, 2007

CAITI's new radio spot as a video!

Eric Reguly calls IT fallout a Disaster for Flaherty

John McCallum's Apr 19 Toronto Town Hall meeting on BNN's Squeezeplay

John McCallum's Apr 12 Calgary Town Hall Meeting on CBC

John McCallum's Apr 12 Calgary Town Hall Meeting on Global

Jason Kenney's Apr 10 Calgary Town Hall Meeting

The Liberal Plan

Garth Turner Income Trust Press Conference Jan 29

Stephen Harper - Promises Made 1

Stephen Harper - Promises Made 2

WE"D LIKE SOME ANSWERS

As you well know, the ‘income trust thing’ has grown beyond the question of whether fair taxes are paid on income from trusts. It’s become a giant dirty snowball, and as it rolls forward it accumulates more and more bulk. There are so many unanswered questions. Let's list a few and invite our "Accountable" government and our free press to provide some much-needed answers.

It is said “Trusts are inefficient use of capital. Why?” Two related questions are ‘Whose money is it, anyway?’, and ‘Do Canadian investors have a free and efficient market?’

How can information that is already in the public domain at SEDAR make for a state secret? How could such information be used to harm the Canadian national interest? And who would cause the harm?

Why won’t the Canadian media investigate the falsehoods and misrepresentations told by the Minister of Finance to a committee of Parliament? Was the Minister in contempt of Parliament?

Why won’t the Canadian media report (a) government tax revenues gained from BCE in 2006 when BCE was a corporation to (b) government tax revenues that would be gained in 2007 from BCE, if BCE had been allowed to proceed to a trust, and (c) government tax revenues that will be gained in 2007 from BCE, when BCE ownership has been carved up as 45% foreign ownership and 55% large Canadian pension fund ownership?

C A I T I - O N L I N E

Thursday, November 22, 2012