U.S. total election expenses about a Billion $$………”hell, McGuinty spends that on one seat”!

Posted: October 27, 2012 in Uncategorized

Not to be outdone by the U.S., McGuinty always states he wants to be number one in North America as THE “renewable energy leader”!

Well, if that doesn’t work, he can now claim he is the leader in North America for financing an election campaign that could run well over a billion dollars for just 1 seat within the riding of Oakville by cancelling a gas plant.

That makes Obama and Romney look like amateurs when it comes to buying votes!!!!

Bradley Duguid was the Energy Minister at that time and he stated publicly when McGuinty was a no show at an inquiry that:

“The decision to cancel the Mississauga gas plant was made by the Liberal campaign team.

“Obviously as a member of the campaign team, as a member of the party, it was part of our platform,” said Duguid.”

So now one question keeps popping up from tax payers is: “if this was an election decision then why doesn’t the election committee be the ones on the hook for this decision?”

WE ARE NUMBER ONE!…………..WE ARE NUMBER ONE!……..WE ARE NUMBER ONE!…………………….We’re broke!!!!.……………………………..

Foreign corporations funnel millions into US elections, campaign watchdogs say

Adrianne Appel | GlobalPost.com | Oct 23, 2012

Global corporations from Spain to Ireland to Singapore are spending millions to influence the outcome of the high-stakes US presidential and congressional elections. Records show that scores of banks, liquor manufacturers and telecom companies outside the United States have directed $12.8 million in political action committee (PAC) money to the 2012 US elections so far — and likely much higher amounts through other means that are not traceable.

By the book, it is illegal for non-US corporations and individuals to give money to a candidate for any US office. But in the murky aftermath of court rulings that liberalize spending on elections, non-US corporations have found many ways to easily bend the rules — and get away with it, electoral watchdogs say.

“It is indeed illegal for foreign nationals and corporations to contribute directly or indirectly to US elections. It is a very difficult law to police,” said Paul S. Ryan, senior counsel with the Campaign Legal Center, a nonprofit group.

More than $300 million in PAC money, funds that corporations create, has gone to 2012 political candidates so far. Watchdogs allege that non-US companies circumvent election laws by creating PACs through their US subsidiaries and by asking their US employees to donate.

While it’s not possible to know the extent to which foreign parent companies are driving campaign donations, some US subsidiaries have been highly active contributors.

Anheuser-Busch, which is now owned by the Belgium-based beer giant InBev, has so far given $327,000 to Democrats and $314,000 to Republicans, including $5,000 to presidential candidate Mitt Romney. And BAE Systems, a UK defense contractor, gave $237,000 to Democrats and $372,000 to Republicans, according to analyses by the Center for Responsive Politics, a nonprofit, nonpartisan group.

US bases of businesses from debt-strapped countries also sent money to US politicians. Compass Bancshares, the US subsidiary of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), recently gave $61,000 to Democrats and $141,000 to Republicans. Italy’s DRS Technologies, a defense contract unit of Finmeccanica SpA, gave $141,000 to Democrats and $206,000 to Republicans. Ireland’s Oldcastle Materials gave $62,000 to Democrats and $83,000 to Republicans.

READ MORE HERE:

Bentley tells Onatrio Citizens it will “only cost 40 mill to move Oakville Gas Plant” …………. that figure could actually be over $700 Million!

What’s wrong with this picture? Chris Bentley our Minister of Energy, only weeks ago, publicly declared that the Ontario Government’s mistake of cancelling a gas plant in Oakville to protect the Liberal seats in that area wouldONLY cost tax payers $40,000,000,00 in cancellation costs to Trans Canada for breaking the contract.

As if that wasn’t bad enough it is now coming to light that included in the contract were a few words that could actually increase these costs up to almost 3/4 of a BILLION DOLLARS!!!!

And it just seems to get worse…………………………………….. no wonder McGuinty is closing Provincial Parks, ending social programs that protect abused Women and Children and cutting back on Health Services!

Oakville gas plant cancellation costs ballooning, says analyst

Published on Wednesday October 10, 2012

ANDREW FRANCIS WALLACE/TORONTO STARBruce Sharp, an energy analyst with Aegent Energy Advisors, says a little-noticed section of the agreement to move the Oakville gas-fired power plant puts Ontario ratepayers on the hook for hundreds of millions in fees formerly paid for by TransCanada Corp.
John Spears Business Reporter

Ontario electricity users are on the hook for more than $700 million in extra fees because of the McGuinty government’s decision to move a gas-fired generator out of Oakville, says an energy consultant.

READ MORE HERE:

 

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Comments
  1. Tom Blacksmith says:

    McGuinty is Swartzenegger’s role model.
    Nuf said.

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