Salty rich guy offers bribe to remove Notley

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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tay

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May 20, 2012
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I don't know why Canada is still allowing its Oil to be manipulated by the Muslims of Saudi Arabia. Someone should do something to get the Canadian Oil price to a sustainable level for the workers. So far no one, including O'Leary has offered a solution.......


When dealing with crass capitalists with a yen for the limelight, it is a never-ending job separating the pepper from the fly ****.

In the case of Kevin O’Leary, he doesn’t seem to realize that if his rant skewered anyone, it was his own class and political party. Permit me to remind him of some inconvenient facts:

For now, Rachel Notley may indeed feel like the captain of the Titanic, nursing the largest deficit in Alberta history. But it was Skipper Prentice and his Tory predecessors who strayed into the icefield in the first place, eventually hitting the Big Berg.

Has Kevin forgotten that it was Premier Prentice who warned Albertans before the last provincial election that the province was facing a $7 billion shortfall in the budget after eons of Tories calling all the shots?


The **** was out of the oil market long before Ms. Notley appeared on the scene.

In fact, all of Alberta’s fundamental problems were created over decades of PC leadership by a bunch of self-styled market messiahs who gave away most of the treasure of the tar sands to foreign corporations — while severely under-taxing them. They virtually ignored the people’s stake in their own energy resources.

Nor did these oil-junkies, who passed themselves off as solid fiscal managers, ever ask the most basic “what if” questions about their economic stewardship of non-renewables.

What if cheaper alternatives to tar sands oil could be found — like improved solar? What if new oil and gas supplies were to be discovered in the U.S. using new technologies — like fracking? What if the Saudis drove down the world price of oil to preserve their market share from the threat of plentiful but more expensive crude?

Why would Riyadh eternally support $100-plus oil prices to finance the competition? Remember, they’re still profitable at $15 a barrel.

The answer should be obvious — even to Kevin. So much for prudent fiscal management.

So let’s not forget the real authors of this mess. O’Leary would have you believe that Alberta now has catastrophic political leadership. What he actually means is the free lunch for Big Business is over.

The NDP might have delivered a $5 billion deficit budget, replete with new taxes — but it was past Conservative governments which made both the deficit and the tax hikes inevitable. They were put in charge of massive amounts of money and mismanaged it tragically.

It’s ludicrous for O’Leary to now complain that Rachel Notley is the wrong steward for what he calls Canada’s most important resource. The only people who believe that are the ones whose heads are “for rent, unfurnished”, as the saying goes.

There is no surprise in any of this. O’Leary, like Harper, has always carried a brief for Big Business. But it should be remembered what the corporate sector did with all those big, fat tax cuts given to them by both Alberta and the former Harper government, making this country the cheapest place in the world for Big Oil to operate.

Did they invest them in Canada? Did they hire new workers? It would be nice to think so. But according to former Bank of Canada Governor Mark Carney, they did the opposite. They hoarded the cash windfall like misers trying to keep the relatives from their stash. They sat on a pile of “dead” money — estimated to be pushing $650 billion. They did what they always do, from the bankers who fiddled the Libor rate to Ken Lay at Enron. They looked out for themselves.

Those who confuse that with cleverness ought to forget about politics — and stick to the vulture funds.


more


What Kevin O’Leary doesn’t know about Albertacould fill a book he’d never read
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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I don't know why Canada is still allowing its Oil to be manipulated by the Muslims of Saudi Arabia.
Most likely because it ain't.

Someone should do something to get the Canadian Oil price to a sustainable level for the workers.
Now THERE's a battlecry. . . "SOMEBODY DO SOMETHING!"

King Leonidas would be proud.

So far no one, including O'Leary has offered a solution.......
You ain't neither, so I wonder why you're claiming the moral high ground.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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It doesn't take a douchenozzle like O'Leary to see why investing in oil is a bad idea.
 

Cannuck

Time Out
Feb 2, 2006
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It doesn't take a douchenozzle like O'Leary to see why investing in oil is a bad idea.

It's a great investment. Stocks are down. I understand Liberal party supporters down quite get economic principles but to dumb it down for you, buy low, sell high.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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It's a great investment. Stocks are down. I understand Liberal party supporters down quite get economic principles but to dumb it down for you, buy low, sell high.

It can't go anywhere but up!

Sure thing Costanza.

*fart noises*

 

Cannuck

Time Out
Feb 2, 2006
30,245
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Alberta
Yes, it can't go anywhere but up, eventually. I understand that you don't get that prices fluctuate. O'Leary does and that's why he's way smarter and richer than you.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Yes he's proven how smart he is lol

What a drop from 2006 though.

No wonder big oil loved Ralph.