Richard Kinder, Planetary Traitor

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The image in the top left corner is Richard Kinder, Planetary Traitor.

Texas oil company, Kinder Morgan wants to transport tar sands bitumen across British Columbia to sell to China. The downsides are:

  • Spills that will destroy rivers and oceans.
  • They want to use parks as part of the route.
  • Extracting the bitumen will create huge CO₂ emissions.
  • China will create immense CO₂ emissions burning that carbon.
  • The project has a short life. It will have nowhere near the 60-year life used to estimate profitability. Fossil fuels are a sunset technology. The taxpayers will be on the hook for infrastructure mortgages.
  • The government assumes much of the risk and startup cost, but Kinder Morgan gets the profits.
  • Low-paid temporary foreign workers will largely do the construction. Even these jobs are temporary.
  • Kinder Morgan is a scofflaw. They use their immense wealth and political influence to get away with it. They are not an ethical corporation. It is almost like doing business with gangsters.

Proponents claim these projects will fill government coffers to overflowing which compensates for any disadvantage. The CEO (Chief Executive Officer), Richard Kinder makes $500 million a year. Corrupt men in government have created loopholes for him so he pays $0 personal income tax. Kinder Morgan has more than 11,000 employees and has a combined enterprise value of approximately $125 billion yet Kinder Morgan pays less than $1 million per year in corporate income tax for all their many activities across Canada, less than the cost of one house. This is hardly staggering wealth. People like BC Premier Christie Clark and Prime Minister Stephen Harper have been seduced by dreams of avarice and have encouraged Kinder Morgan to con them, or, given the way they have acted as cheerleaders for Kinder Morgan, they may even be in on the con.

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Canada Money

How well do you know Canada?
Statistics about Canada
% statistic % statistic
0 percent improvement in child poverty since 1989. 56 percent drop in foreign aid since 1975.  
0 percent increase in middle class income, inflation-adjusted income since 1980. 76 percentage of print and TV media in Vancouver BC owned by one company.  
0.75 percent of Canadians who donated to any political party in 2006. 80 percent of Canadians who have never belonged to any political party.  
2.4 percent of direct foreign investment that created new jobs, 97.6% was for takeover of existing companies which diverted the profits to offshore tax havens. 100 percent increase in GDP (Gross Domestic Product) since 1989.  
21 percent of jobs that are paid too low to provide food, shelter and heat. 8-12% is typical in Europe. 400 percent increase in share of the economic pie by taken by investors at the expense of workers since 1992.  
55 percent foreign takeovers financed by Canadian banks.  
~ Mel Hurtig (born: 1932-06-24 age: 82) , stats from  The Truth about Canada: Some Important, Some Astonishing, and Some Truly Appalling Things All Canadians Should Know About Our Country
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Global Food Safety

With globalisation, agricultural products are grown with a complete hodge podge of regulations, including none at all. Then they appear on your plate all mixed together. It is almost as if your own country rescinded all its laws around pesticides and their application. The best it can do is spot test imports for serious contamination.

~ Roedy (born: 1948-02-04 age: 66)

Religion and Poverty Correlation

In most parts of the world, religion is correlated with poverty and high income inequality. The exception is the USA which has high religion, high income inequality but relatively little poverty. However, the surge in religion is recent, and poverty is increasing, so it should not be too long for the USA to fit the usual pattern too.

~ Roedy (born: 1948-02-04 age: 66)
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