Remember? It wasn't always like this in B.C.
B.C. citizen's assessment of what the Campbell government hasdone to British Columbia so far BC Liberal Americanization of Formerly Public Assets and Services By: SharingIsGood - May 6, 2009 (just before the provincial election) Since coming to power, Gordon Campbell has allowed BC assets and services to become owned and controlled by exceedingly wealthy and powerful US individuals and corporations. If these corporations thought it prudent to buy assets and provide services for British Columbians, why did the BC government sell them?
BC citizen tax dollars, user fees and utility bill payments have been contracted to go to the richest of Americans, and Campbell's government is the one that has signed the contracts giving our money to them. We have been sold out.
BC Rail Looking through CN Railway's financial statements a couple of months ago, I found that through the purchase of BC Rail, CN has already made huge profits. Within the reports it was stated that a good deal of CN's improved financial position and profits came through the acquisition of BC Rail.
It seems to me, even if the people of BC had wanted to sell the railway (which they didn't), Campbell chose the very worst time to sell. With record use of BC Rail lines and equipment for transporting BC resources, CN has made great sums of money!
Further, CN sold off BC Rail equipment, reduced service and reduced BC Rail staff. CN was also given huge tax breaks by Campbell for purchasing the railway. The Liberals stated they wanted to get the BC Rail debt off the books. Astute businessmen, CN found the BC Railway debt-to-assets ratio not to be anywhere near excessive. So here we have it, reduced payroll for a reduced (BC Rail) staff, reduced taxes from that payroll, and a tax break to CN.
Campbell's terrible business skills were again at working against BC citizens. Note: Bill Gates invested heavily in CN with the sale of BC Rail. He became its largest shareholder in 2006. I, for one, don't believe Gates (the richest man in the world) would buy into a losing proposition. Bill Gates, with his 32% share of CN Railway, now owns 32% of what used to be BC Rail?
Notice that CN had an average annual earnings growth of 37.6% over the five year period: 2004 through 2008.
http://www.teamstersrail.ca/TCRC_News_March_6_2009.htm CN Financial statements available through this
link:
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C12...
BC Hydro Plutonic Power holds the bulk of the new IPP "Run of River" power generation applications and development. Through a financing agreement, General Electric holds 49% stake in the company and is will receive 60% of the profits from the generation of electricity by Plutonic Power. Warren Buffet, the 2nd richest man in the world owns Berkshire Hathaway which in turn holds gobs of GE; and, while GE has been investing in Plutonic Power, Berkshire Hathaway has been buying more heavily into GE. I don't believe that Warren Buffet would allow his company to invest billions in anything but a sure thing. In the end, billions and billions will come out of BC citizens' pockets and into Warren Buffet's.
Though the environmental degradation is thought by many to be the worst factor in opening these private projects for a pittance of a fee, if one cares neither about the Salmon nor the forests, then one should (at the very least) care about money and maintaining control of our rivers. The Liberals claim that the rivers are only being controlled by the rich Americans for 45 years (at which time their contracts are up). In reality, under NAFTA, it will be next to impossible to take the rivers back.
Our great-grandchildren will most likely continue lining the pockets of the Warren Buffet
http://wallstreetpit.com/577-warren-buffett-investing-billions-in-g...>/General Electric empire.
BC Gas Under Campbell BC Gas
http://www.republic-news.org/archive/140-repub/140_kevin_potvin_car...
was made into Terasen Gas which was then sold to the Texas-based Kinder Morgan which then became part of the Carlysle Group.
The Carlyse Group is the World's LARGEST private equity firm.
The Campbell government sold off your gas company to a private corporation owned controlled by some of the world's most rich and powerful people. Though there are many current and past famous people within this group; some are quite notable; some are thought to be notorious. George H W Bush was senior advisor to the Carlysle group
http://en.wikipedia.org/wiki/Carlyle_Group
from Apr. 1998 to Oct. 2003. Donald Rumsfeld (Former US Secretary of Defence) was Chairman Emeritus from 1998 - 2005. James Baker III: Carlysle Senior Counselor 1993-2005. Et BC Medical Insurance Corporation - Maximus Under the Liberals, Texas-based Maximus
http://thetyee.ca/News/2009/05/06/Maximus
http://www.maximus.com/corporate/pages/CorporateBios.asp
took over the record keeping of BC Medical records. The cost of this service is higher than had it been kept in house. The cost has jumped 60% since the company took over our records in 2004. Maximus' profits are up too. More notable than the loss of jobs and capital to the US corporation, however, is the threat to BC citizen's right to privacy.
Under the USA Patriot Act, all records transported (even digitally) across the border to the US are subject to warrantless searches by arms of the US government which includes the Department of Homeland Security, the FBI and the CIA.
Canadian Citizens have no rights in the USA. This includes any psychological, psychiatric or addictions treatment performed by any BC health care professional. Maximus does consulting with government bodies in the US.
They provide services for the US government. This puts this US-based consulting company in charge of your BC-based documents. Could this be a conflict of interest? Is Big Brother is watching you? Notable is a $30.2 million (US) Medicaid Fraud settlement paid by Maximus. Maximus Settles Fraud Case for $30.5 Million Suit Alleged False Medicaid Claims
http://www.washingtonpost.com/wpdyn/content/article/2007/07/23/AR20...
By Alejandro Lazo Washington Post Staff WriterTuesday, July 24, 2007; Page D04 (snip) "In the legal case, Maximus neither admitted nor denied the government's allegations. The government alleged that Maximus had helped the District of Columbia's Child and Family Services Agency submit false claims to the Medicaid program. The U.S. government had previously recovered $12.15 million from the Child and Family Services Agency, bringing the total collected to $42.65 million." (snip) ...
This is the parent company of the company that handles our medical records. BC Family Maintenance Enforcement Program – Maximus/Themis
http://www.maximus.com/corporate/pages/international-themis.asp
All Family Maintenance records are controlled by Themis which is a subsidiary of Maximus. Should Themis send any of these records to the parent company (for backup storage etc.) in the USA, these records are also subject to Patriot Act warrantless searches.
BC Public Schools Records Permanent records
http://www.oracle.com/corporate/story.html
and records of individual student programming is conducted utilizing the BCESIS program. This includes the records of behaviour or emotional problems and the prescribed treatments for those problems. BCESIS is owned by Oracle Canada, a subsidiary of the Oracle Corporation
http://www.oracle.com/corporate/board.html
Oracle can be found in the data centres of 100 of the Global Fortune 100 companies. Oracle is first answerable to its stockholders, and secondly answerable to any governments with which it does business. Oracle is controlled by Redwood Shores which, in turn, is controlled by USA founder and CEO, Larry Ellison
http://en.wikipedia.org/wiki/Larry_Ellison
Larry Ellison is the 3rd richest American and the 4th richest person in the world. Larry Ellison makes money on every student data file stored by the BC Ministry of Education. I.C.B.C. The Oracle Corporation now stores and controls ICBC data – including driving infractions and arrest records.
Larry Ellison makes money off every record that ICBC has on you.
Isn't coruption beautiful
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