This certainly appears to be a coup d’etat of sorts by Big Oil driven Fracking special interest groups in an apparent effort to capitalize on the chaotic and deadly situation in Syria, that was encouraged and instigated by the Harper Regime, in-order to subversively exploit the occupied Golan Heights while leveraging, manipulating and diverting Asian, Middle Eastern, African political support and financial assets between various taxpayer-funded government missions and groups domestically and abroad.
Questions to Ponder
Who is currently dictating and scripting Canada’s Foreign Policy and who is benefiting from this speculative Economic Diplomacy?
What are the costs and motivators behind the timeline and sequence of events?
When was the recently updated propaganda narrative mandated?
Where is the investment funding coming from and where will the profits go?
Why is there so much secrecy in the present and censorship of the past?
How does this “timing” affect Canada and Canadian interests in the future?
Please review the following trilogy of topics and chronological sequence of articles, archives, caches and snapshots of retrieved pages, paying close attention to the removed text, links and information from the Foreign Affairs and International Trade Canada websites:
Foreign Affairs Minister John Baird condemned the continued violence and aid impasse in Syria as heavy shelling continued in Homs over the weekend, saying that Canada is considering new measures to make clear that Syrian president Bashar Assad “must go.”
The Russian gas giant that haunts Europe – and Israel
Visiting Russian leader Valdimir Putin last month reportedly proposed bilateral energy cooperation, but a Haifa University expert warns that partnerships with the state-owned company are not of equals.
Explanations of vote on United Nations resolutions concerning the Middle East
UN Votes and Statements
Please note that “59th Session: 2004” currently redirects to a 404 “Page Not found” error message. Date Modified: 01Mar2012 Date Cached: 20Oct2012 Date Retrieved: 15Jan2014
Why is Ottawa so extraordinarily supportive of the Jewish state? Has the Harper administration gone too far, and cost itself influence in the Arab world? And would a change of government see an altered stance?
24 Seven – Jan 2-8, 2014
Transcript:Welcome to 24 SEVEN, a week in the life of the Prime Minister of Canada and more….This week…The Prime Minister was in Vancouver to talk trade and the economy. He started public consultations leading up to Canada’s 150th anniversary. He was joined by Mrs Harper to announce a new investment in the Trans Canada trail. And, he made history by breaking ground for the Inuvik to Tuktoyaktuk highway.This is what the week of January 2nd to the 8th looked like.Happy New Year, everyone!On Thursday, the Prime Minister was in Calgary where he celebrated Christmas with his family. He took some time over the holidays to meet with local seniors.And he was able to take in a hockey game with his son Ben.On Monday the Prime Minister was in British Columbia where he spoke at the Vancouver Board of Trade about Canada’s free trade agreement with Europe.(audio clip of Prime Minister Harper) So one of the things we have been doing over the past few years was expanding not just our number of trade deals but expanding our capacity to negotiate. I remember in the early days, when we started focusing on some of the smaller deals that we signed in Latin America and elsewhere, part of what I was saying is we had to get the trade capacity, negotiation capacity back in this country. So we’ve now gone essentially from five countries we have trade deals with to 42 countries that we have trade deals with. And we have a very active program of ongoing negotiations. (end of audio clip)Later, the Prime Minister visited BurnabyVillage. He was joined by Minister James Moore and some local school children.And, the Prime Minister launched public consultations on the Road to 2017 – Canada’s 150th anniversary. Our Government will consult with people across the country from different walks of life to determine how best to celebrate this landmark moment.That afternoon, the Prime Minister met with local media where the discussion focused on increasing trade with Asia.On Tuesday, the Prime Minister joined a group of scouts and girl guides for a trip to the Kinsol Trestle north of Vancouver Island’s ShawniganLake.There, he and Mrs. Harper announced that our Government will match private donations in order to complete the Trans Canada Trail in time for Canada’s milestone birthday in 2017.(audio clip of Mrs. Harper) The Trail, one of the things I love about it is 80 per cent of Canadians are within 30 minutes of the Trail. So I just think it’s a wonderful chance to come, and we want to encourage people to hike, bike, horseback, horseback riding, cross-country skiing, snowmobiling, and my favourite, snowshoeing, even though we won’t be doing a lot of that today, I don’t think. (audio clip of Mrs. Harper)And the PM marked the celebration of Orthodox Christmas.On Wednesday, the Prime Minister traveled all the way to Inuvik where he broke ground on the new Inuvik to Tuktoyaktuk Highway. This road will fulfill Prime Minister John Diefenbaker’s vision of making it possible for Canadians to drive from coast to coast to coast.Meanwhile, back in Ottawa, Foreign Affairs Minister John Baird announced Canada’s new ambassador to Israel in advance of the Prime Minister visit to the Middle East later this month.
(audio clip of Minister Baird) …for the time obviously, in our relations, not just with Israel, but with all the countries in the region, some tremendous challenges but also some tremendous opportunities. With that, I am very pleased to announce the appointment of Canada’s new Ambassador to Israel, Vivian Bercovici. (end of audio clip)
And that was the week of January 2nd to the 8th 2014. For more information visit pm.gc.ca/24Seven.
(audio clip) Okay, I got him, I got him. That’s great, thanks everybody. Two, three, got you right there. (end of audio clip)
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This an Urgent Call to Action against unfettered speculative commodities extraction actions and land grabs that will only lead to the eventual plummeting of property values, as the end of the commodities super cycle, converges with the bursting of the Enronesque shale gas bubble, coupled with the “short” fall of the CDN petro-dollar and unsustainable housing market. And yes, there is a difference betweewn shale oil and shale gas.
Please keep in mind that this is a precursor to a rather overly ambitious open source project that will be made available, in various web-accessible formats, to be used and abused as necessary that intends to develop a concise timeline of the transfer of power and wealth to global speculators via the Harper Regime. The reason for this effort is simple and urgent. When information is inaccessible it is easily suppressible and wide open to speculative manipulation. Historically and by design, this type of speculation only benefits those investors that can accurately short the market before the market corrects itself. These are typically politically connected insiders that cycle with elections and operate in a global environment that allows them to offshore their assets within various safe haven currencies.
This collaborative research project intends to economically disprove the fundamentally unsound speculative economic “energy super power” theory that the Regime is “selling” to it’s base as economic diplomacy abroad to secure votes based upon economic speculation. These economic facts will provide additional data that can be utilized from the ground up within local and regional jurisdictions by Municipalities to insulate themselves from the eventual long term costs associated with early exposure to short term speculative market return hype.
This issue ties right into the opaque housing market conundrum that is being driven by condo speculators, simply flipping condos that are actually worth less than the “sale” price, just like the shale gas speculators are flipping worthless wells to those willing to “buy” the hype. Basically “We the People” intend to Burst Harper’s Bubble and while this is not an easy task, it is indeed already underway but not well coordinated across all fronts, especially when it comes to the numbers.
Let us make no mistake the Harper’s rushed mission to Israel is nothing more than the purposeful placement of short term speculative “Canadian” corporate interests ahead of the long term costs associated with speculative LNG fracking exploration within the Golan Heights, which btw, is indeed Syria, which in case you may have missed it, has been embattled in an almost 3yrs long “war” against an alQaeda insurgency that is publicly backed and financially by Harper Regime Allies, Israel, Saudi Arabia and Qatar and covertly through NATO via Turkey, Libya and Iraq.
This speculative intervention is NOT in the best interests of Canada as only occupying speculators and land grabbers prosper while the occupants of the lands suffer insecurity and instability as it spreads to Lebanon and Jordan.
The fact is that the Harper Regime is indeed funneling, aka: investing, “our” tax dollars into purely speculative markets via legislative interventions and subsidies. Not only that but, they are doing this during a period of ongoing collapse within the resource extraction sector which is nearing the end commodities super cycle, aka: bust. We know that these bursting bubbles only benefit a small minority of insiders that short the market at the expense of the majority that provide the bailouts over the long term. Over the past 100 or so years these results have historically shown the same wealth redistribution trends and more recent examples are the Financial sector Govt bailouts, LIBOR, Enron, Savings and Loan Crisis, etc.
We realize that many are already engaged in various ways and understanding that there are dozens of financial and social mismanagement issues related to their ideological obsession with balancing the deficit that they themselves hyper-inflated to record levels. Sure a good ol’ fashioned tar sands and bird flu feathering in the public square would be nice while other bazooka campaigns and shotgun approaches are effective, sometimes snipers are the most effective weapon against speculators.
Before we publicly publish any links to the pending project, we would like to inquire if there is any interest in active participation as we seek to move forward in as efficient manner as possible. At this point, we require hundreds of documents, charts, graphs and images to be transcribed and converted into text format so that the data can be presented with web-accessible standards. As this process slowly unfolds we intend to compile additional archived and supporting data and organize the data into chronological order, by category/topic on an independent stand alone website.
Dissecting the the NYT Shale Gas Bubble emails
DRILLING DOWN
Documents: Industry Privately Skeptical of Shale Gas
Over the past six months, The New York Times reviewed thousands of pages of documents related to shale gas, including hundreds of industry e-mails, internal agency documents and reports by analysts. A selection of these documents is included here; names and identifying information have been redacted to protect the confidentiality of sources, many of whom were not authorized by their employers to communicate with The Times.
The heavy subsidies and lobbying efforts that the Harper Regime is doling out on behalf of, and to the carbon based fossil fuel industries that contradicts the supply/demand principles of pricing fossil fuels that is always subject to the continuous boom/bust cycles. The fact is that as technology improves they will not have a chance of competing with increasingly efficient solar/wind/renewable micro-grid electricity systems in providing the ever growing energy needs.
There is a lot of attention being placed upon fracking for a variety of reasons, including environmental concerns but we must keep in mind that the Harper Regime are doing nothing more than fueling shorts in the speculative market activities in order to achieve inflated budget numbers. This presents itself in their subjective and speculative short term vision investments in much the same way as the way the condo market, which is, contrary to popular belief, traded like a commodity. This speculation is fueling an artificial rise in actual home prices in some markets that in the short term will boost the financial sectors ans since homes are not considered commodities and prices are rising due to condo markets one can expect a fairly significant “correction” once the speculators exit the market in favour of quick high yield investment opportunities abroad.
The often overlooked, outside global investors circles, is the looming bust that always follows a commodities boom, aka: commodities super cycle, that will certainly affect the global economy in disastrous ways for the vast majority. We need only to look towards the ongoing global currency wars, the US Fed’s QE liquidity intervention mechanisms and the reliance upon state sponsored investment in China along with our overvalued dollar to forecast the future trends in the financial sectors once the CDN Dollar corrects vs the US Dollar in concert with the corrections with the Pound, Euro and Yuan. Then there is Germany, that is not embracing consumption and imports as a method for building a strong national economy but continuing it’s reliance upon high quality exports to maintain it’s financial dominance.
The focus of global commodities investors is in consumable, rather than renewable commodities. This is in reference to “one use” commodities, such as oil and natural gas, as opposed to renewable commodities that can be recycled, such as copper and iron. We need only look towards the recent announcement of the departure, aka: cashing out, of Peter Monk, founder of Barrick Gold, to forecast the future trends with regards to the mining sectors.
Without considering that the a large portion of our agriculture is already being diverted and utilized for bio-fuels already, this is also problematic when taking into consideration that “developing” nations are not embracing the “high protein” foodstuffs and diets as intended. That drive was anticipated by the “developed” nations to fuel the profits of the fertilizer sectors, think potash, and the GMO sectors, think “resistant” to fertilizer seeds. We need only look towards the recent announcement of the closing of plants and massive layoffs at PotashCorp and the rejection of GMO’s in developing nations to forecast the future trends with regards to those sectors.
Reverse Chronological Explorations: Cost vs Benefits, Key Players, Speculation vs Actual
Assessment of the Greenhouse Gas Footprint of Natural Gas from Shale Formations Obtained by High-Volume, Slick-Water Hydraulic Fracturing
Robert W. Howarth
David R. Atkinson Professor of Ecology & Environmental Biology, Cornell University
(Revised April 11, 2011)
Betting on a commodities supercycle marathon
A “win-win” market is a rarity at the best of times, let alone in periods of financial stress, but investors are betting big on a hyper-extended commodities bull run to hedge against worst-case scenarios elsewhere.
By The Calgary Herald, November 8, 2007 http://www.canada.com/story_print.html?id=1f317d71-113a-4cc8-a8bd-ec1596fc747f&sponsor=dumpharper
Cost vs Benefits, Key Players, Speculation vs Actual
When income grows, who gains?
State of Working America
Use the sliders on the timeline to select a timespan, and see how growth in average income was shared between the richest 10% and the other 90% of Americans. All figures are in 2008 dollars http://stateofworkingamerica.org/who-gains/
A Rise in Wealth for the Wealthy; Declines for the Lower 93%
An Uneven Recovery, 2009-2011 | Pew Social and Demographic Trends
BY RICHARD FRY AND PAUL TAYLOR
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Motorists pump natural gas at a Petronas station in Kuala Lumpur July 1, 2010. REUTERS/Bazuki Muhammad
(Reuters) – Canada has blocked Malaysian state oil firm Petronas’ C$5.17 billion ($5.2 billion) bid for gas producer Progress Energy Resources in a surprise move that could signal problems for a much larger Chinese deal in the country’s energy sector.
Canada’s announcement late on Friday, minutes before a deadline, was a blow to Petronas, whose domestic oil supplies are shrinking and which has been seeking to boost its resources beyond Malaysia and volatile areas such as Sudan.
It also raises doubts over Chinese oil group CNOOC’s C$15.1 billion offer for oil producer Nexen and could weigh on other Canadian firms hoping for foreign investment to tap their vast energy reserves.
A rejection of the CNOOC bid would likely damage trade ties Canada has been trying to build with China, underlining political sensitivity to Chinese corporate expansion in North America.
“I have sent a notice letter to Petronas indicating that I am not satisfied that the proposed investment is likely to be of net benefit to Canada,” Industry Minister Christian Paradis said in a statement.
The government, which has said C$630 billion investment is needed in Canada’s energy sector over the next decade, has been trying to balance concerns over the deals with that requirement for capital.
The companies have 30 days to make the offer more palatable.
Progress Chief Executive Michael Culbert said he was disappointed with the ruling and his company would take the next month to try to determine what concerns led to the rejection and what potential remedies might assuage them. Petronas had no comment on Saturday.
The bid had not been expected to run into hurdles in a review process that asks whether a deal is of “net benefit” to Canada. But in a sign that it was attracting greater scrutiny, Canada earlier this month lengthened its review period by two weeks.
Investment industry sources said Progress officials had initially told them that Investment Canada wanted the unusual two-week extension because it was experiencing staffing and workload issues due to numerous files it was juggling, and that no serious issues had arisen or new information requests made.
Then at the last minute, Ottawa came back to Petronas to ask for another extension, a request the Malaysian company, already irked by the delays, refused, forcing Paradis’ hand, the Canadian and U.S. sources said.
The sources suggested Prime Minister Stephen Harper wanted the extra time to allow his government to draw up a set of rules for takeovers by foreign state-owned enterprises, something he has said he would deliver with the Nexen decision.
Some investors heaped criticism on Ottawa, saying the move and other recent deal rejections smacked of protectionism. But the Conservative government insisted it was still open for business.
“Canada has a broad framework in place to promote trade and investment, while at the same time protecting Canadian interests. Our government welcomes foreign investment that benefits Canada,” said Margaux Stastny, spokeswoman for Paradis.
The Petronas deal attracted scrutiny after CNOOC made its bid for Nexen. Some Conservative Party members are wary of the CNOOC offer, in part because of what they say are unfair Chinese business practices.
Earlier this month, Harper said China’s “very different” political and economic systems were a concern.
A CNOOC spokeswoman in Beijing said she had no comment on the ruling against Petronas or whether it could mean the Chinese company’s bid for Nexen was in trouble.
WARNING
Last month, China’s ambassador to Canada said the government should not allow domestic politics to affect its decision on whether to approve CNOOC’s bid.
However, some sources said the CNOOC deal need not necessarily be threatened.
“I don’t think that kills the CNOOC-Nexen (deal) but we do hear there is still a lot of local opposition to overcome,” one Hong Kong-based energy sector banker said.
“It allows Canada to send a signal without upsetting a large trading partner. Better to upset Malaysia than China in a way.”
Chinese firms have more usually had difficulty doing business south of Canada’s border, and this has come to the fore in recent weeks. The United States House of Representatives’ Intelligence Committee issued a report earlier this month saying companies should stop doing business with Chinese groups Huawei and ZTE over security concerns.
On Thursday, the chief executive of U.S. aircraft maker Hawker Beechcraft, whose $1.79 billion sale to a Chinese firm fell through, said China-bashing by U.S. presidential candidates may have contributed to failure of the talks.
The United States has long been the largest market for Canadian energy exports. But with growing U.S. oil output from unconventional sources and the rejection this year of an initial application on the controversial Keystone XL pipeline project, Canada has been forced to try to build bridges with Asian markets that would welcome its energy supplies.
“The long-term health of the natural gas industry in Canada and the development of a new LNG export business are dependent on international investments such as Petronas,” Progress’ Culbert said in a statement.
CNOOC, which has won approval from Nexen shareholders, has said it will retain all Nexen employees and make Calgary the headquarters for its Americas operations.
Petronas had also attempted to highlight the benefit its deal offered to Canada, saying it would combine its Canadian business with that of Progress and retain all staff.
“Maybe Canada is using this to attach more conditions to the Nexen deal,” said Gordon Kwan, head of energy research at Mirae Asset Securities in Hong Kong. He thinks CNOOC will get the go-ahead.
Progress’ share price has doubled since talk of the possible Petronas bid emerged in April, closing at C$21.65 on Friday. Nexen stock has also surged since CNOOC announced its bid in July, rising 48 percent to C$25.15.
Canada last blocked a foreign takeover in 2010, when it stunned markets by rejecting BHP Billiton’s $39 billion bid for Potash Corp, the world’s largest fertilizer maker.
BHP also had a 30-day period to come back with additional undertakings but withdrew its offer, sensing the bid was unlikely to be approved in the face of political opposition.
BIG DEALS?
Canada is grappling with concerns that approval of the deals could spark a flurry of takeovers of energy companies – the country is home to the world’s third-largest proven oil reserves, most of them in the western province of Alberta.
Petronas, Malaysia’s only Fortune 500 company, made a big push into Canada’s shale gas sector last year when it bought a $1.1 billion stake in a field from Progress.
Petronas first bid for Progress in June to gain control of its 800,000 acres holdings in the Montney shale-gas region of northeastern British Columbia, reserves that could feed a planned liquefied natural gas facility on the Pacific coast.
It raised its initial offer of C$20.45 per share to C$22 in July after a rival bid from an unnamed suitor.
Petronas had seen the Progress deal as a crucial step to increase its presence in a more stable country after clashes on the border between South Sudan and Sudan this year all but shut its pipelines there.
On Thursday, Canada’s broadcast regulator blocked BCE’s C$3 billion bid for Astral Media, saying the deal would give too much power to BCE, Canada’s biggest telecoms company and the owner of numerous TV and radio assets.
(Additional reporting by David Ljunggren in Ottawa, Jeffrey Jones in Calgary and Charlie Zhu in Hong Kong; Editing by Dan Lalor, Raju Gopalakrishnan and Xavier Briand)
Remember, politics is a contact sport, like hockey, so please feel free to add quick contributions, observations and relevant information as a comment below!
Contact us if you would like to contribute to our collaborative efforts or would like to share/submit articles, data or additional content, feel free to add feedback, additional info, alternative contact details, related links, articles, anonymous submission, etc. as a comment below, via web-form, through social media outlets or email us directly and confidentially at: dumpharper [at] live [dot] ca
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. and intend its use to be for education and instructional purposes only. Therefore, we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond “fair use,” you must obtain permission from the copyright owner.
Dump Harper! 