Alberta has given away half their cash!

[cyberclark]

“As in the Klein days we have to come to terms with the 38.00 barrel of oil” says Stelmach.

In Klein’s days, Alberta would have collected 25% US $ in royalty.
Thanks to Stelmach we collect only 19% in Canadian Funds.
This is a full 50% reduction in our take on royalty, thanks to Stelmach and Knight!

The figures; today’s exchange at .80 cents.

Under Stelmach:
38.00 US oil pays Alberta at 19% or 5.78 Canadian.

Under Klein:
38.00 US oil pays Alberta at 25% or 9.50 US which is 11.88 Canadian.

This province has mismanaged to a point of giving away more than half of their cash flow. There is not sufficient funds in the Heritage Trust or other redundency funds to cover this shortfall. It brings to question Alberta's state on whole.

 

[darkbeaver]

It also brings into question criminal charges.

 

[cyberclark]

Mismanagement is not a crime but, following your thread of thought I would guess if we can ever get a different Government into Alberta we could turn the RCMP loose on the books for a couple of years and put any number of people into the courts.

 

[pegger]

... if we can ever get a different Government into Alberta...

:lol:

Thanks for that - that was funny....

 

[darkbeaver]

There you go, the safe criminals are the trusted household types who kiss babies, eat pork chops at county fairs and judge the cattle shows. And you reward them every election no matter how crooked.

 

[darkbeaver]

Mismanagement is not a crime but, following your thread of thought I would guess if we can ever get a different Government into Alberta we could turn the RCMP loose on the books for a couple of years and put any number of people into the courts.

Mismanagement is not an excuse for a crime.

 

[Tyr]

There you go, the safe criminals are the trusted household types who kiss babies, eat pork chops at county fairs and judge the cattle shows. And you reward them every election no matter how crooked.

Well who to take to task? How about Albertans and their blind subserviance to the Conservative/Reform party.

 

[Nuggler]

""This province has mismanaged to a point of giving away more than half of their cash flow. There is not sufficient funds in the Heritage Trust or other redundency funds to cover this shortfall. It brings to question Alberta's state on whole.""

So, ah, you folks won't be separatin any time soon? Or is that still a go?

Keep us up to date, ok

you just gotta love the ****ing cons.

 

[Tyr]

""This province has mismanaged to a point of giving away more than half of their cash flow. There is not sufficient funds in the Heritage Trust or other redundency funds to cover this shortfall. It brings to question Alberta's state on whole.""

So, ah, you folks won't be separatin any time soon? Or is that still a go?

Keep us up to date, ok

you just gotta love the ****ing cons.

So, ah, you folks won't be separatin any time soon? Or is that still a go?

That's just comjecture from 6-7 really drunk rednecks in Lethbridge.

 

[Cannuck]

Well who to take to task? How about Albertans and their blind subserviance to the Conservative/Reform party.

Relatively speaking, Albertans haven't done so bad with the Conservatives...considering how liberal they are/were.

 

[Scott Free]

One word: Bribertization.