Showing posts with label Brookfield. Show all posts
Showing posts with label Brookfield. Show all posts

Tuesday, September 15, 2026

Canada to strengthen sovereignty by selling infrastructure to US hedge funds

Ever since Mafia Don started tossing around those hurtful jokes about us being nothing more than the 51st state, Canadians have been seriously pissed off. We're determined to push back - elbows up! Yup, we gonna teach Trump a lesson! To that end, our PM has convened a conclave of the 100 biggest money managers in the world in Toronto, the "Toronto Investment Summit." Ponder that for a moment. Mark Carney spent his entire life pre-politics keeping the world safe for billionaires, either from the exec suites at Goldman Sachs or Brookfield or as central banker, first in Canada, then in England. He'd be strictly first-names-only with the world's top money managers. I'd like to know how many of them are American. 75%? 90%? I'd like some clarification on that, because remember, we're supposedley doing this to assert our sovereignty. And PM Carney isn't shy about tossing around some mighty juicy carrots to entice the money managers. How about 100% mega-deduction for capital investments in Year One! Oh ya baby! That'll teach Trump! And we're opening up our ports and airports to foreign investment to strengthen our sovereignty! What's really puzzling is how this is being presented in our media, especially our government propaganda outfit. I would like to think that actual jounalism would at least ask a few questions... like how many of the world's top money managers are members of Mafia Don's Mar-a-Lago Club?

Saturday, January 4, 2025

Blast from the past... remember the exploding train in Lac Magentic?

The archives at Falling Downs, the precursor of this humble Substack, are chock-full of prescient commentary on the goings on in this messed up world. Looks like Bill Ackman has invested part of his 2 billion $ haul from the rape of CP Rail into taking a position in iconic Canadian asset manager Brookfield. Friday, October 3, 2014 Uber-douchebag Hunter "Hitman" Harrison blasts gov't for overreacting post Lac Megantic You remember Lac Megantic?That was the sleepy Quebec small-town that was literally blown off the map last year when one of Fast Eddie Burkhardt's single-crew oil trains exploded in the downtown.Hardly a year has passed, and CP Rail Boss Hunter Harrison is busy whinging about government over-regulation. Harrison just doesn't get why the busy-body government regulators need to fiddle with the free market, and impose draconian communistic rules about everything from speed limits for trains carrying dangerous goods, to mandating that a mile-long train loaded with dangerous goods should have more than a one-man crew!Well Hunter, let me 'splain it to ya; the reason the government needs to regulate greedy twats like you and your acolyte Burkhardt, is because your logic, your procedures, your unregulated over-weening greed, killed 47 people in Lac Megantic......yet nobody is facing murder charges!The reason Hunter is lobbying for less regulation is obvious. The entire Ackman/Harrison strategy for boosting CP Rail's obscene profits going forward hinges on making trains longer and running them faster with smaller crews!Fuck safety!Fuck sleepy small towns everywhere!Profit uber alles!