Kevin O'Leary on how to make Canada more energy independent"

Discussion in 'Economics & Trade' started by DennisTate, Jan 19, 2017.

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Should Canadian pipelines be financed at zero percent by BofCanada?

  1. Yes... this will save Canadian taxpayers millions of dollars in interest payments.

    1 vote(s)
    50.0%
  2. No.. .this could scare people on Wall Street and the TSE!

    1 vote(s)
    50.0%
  3. Maybe.... I think North America is ready for better monetary policy.

    0 vote(s)
    0.0%
  4. I am not sure but I will definitely read up on this option.

    0 vote(s)
    0.0%
  1. DennisTate

    DennisTate Well-Known Member Past Donor

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    I absolutely agree with Mr. Kevin O'Leary that Canada needs to
    build pipelines to connect Alberta oil reserves with all parts of Canada!

    The question that immediately pops into my mind is how should Mr. Kevin O'Leary
    explain his methods of financing these pipelines over the next three or four years until he
    is elected Prime Minister of Canada?

    I believe that three Canadian economists did a great job of explaining one of his
    most promising options.


    https://www.facebook.com/KevinOLearyForPrimeMinister/videos/795643793907857/
    Kevin O'Leary for Prime Minister

    http://www.michaeljournal.org/artic...ce-our-country-debt-free-say-three-economists


    I believe that Mr. Kevin O'Leary should talk openly about this alternative method of financing his
    obviously wise plan to use pipelines to connect all major parts of Canada with Alberta oil.

    Do you agree with me?
     
  2. DennisTate

    DennisTate Well-Known Member Past Donor

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    To Mr. Kevin O'Leary and his team.....
    here are some comments on our Canadian central banking system from one of the
    most phenomenally well informed USA economists that I have ever
    gotten in contact with.





    My understanding is that the Canadian Dollar
    is backed up by the PRODUCTIVITY OF CANADIANS....

    We have many advantages over other nations that tends to make Canadian workers relatively productive and efficient.....

    1. a huge array of natural resources.
    2. a world class transportation system which makes it cost effective to get products to consumers....
    3. a well trained work force who receive free basic education.
    4. world class universities operating in both English and French
    5. one of the best police forces in the world that manage to keep fraud, theft and violence to a minimum.
    ..... so truckers don't have to be obsessively worried about being robbed before they drop off their products to stores
    6. ice free ports that take in a huge array of products from all around the world by ships... which is the lowest
    cost method of transporting goods to markets.....
    7. An excellent trade arrangement with the USA.. the world's largest economy.....

    etc., etc., etc.,......

    (8... not to mention the blessing of an invisible ancient intelligence that seems to be taking good care of nations whose
    leaders accomplish something for the Jewish people along the line of what P. M. Stephen Harper did at the G-8 meetings in 2011)!.

    http://www.politicalforum.com/canad...rper-our-greatest-prime-minister-he-also.html
    Was P. M. Stephen Harper our greatest Prime Minister? Was he also....
     
  3. Econ4Every1

    Econ4Every1 Well-Known Member

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    Sure in a practical sense that is absolutely true. However, the citizen's decision to sell goods and services in the national dollar is not compulsory. There is no law that says you must only sell in the Canadian dollar. Only that you pay your taxes in the Canadian dollar.

    It is everything on that list, save #8 (I try to keep my economics as free of religion and politics as I can as these ideas tend to isolate people that don't share you opinions on those subjects) are the reason that people desire, on their own, to trade in the dollars that the Canadian society produces.
     
  4. DennisTate

    DennisTate Well-Known Member Past Donor

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    Thank you for your confirmation for my theory that the value of the Canadian dollar
    is backed up by the productivity of Canadians.


    I am confident that Mr. Kevin O'Leary will do a great job of explaining to
    tens of thousand of Canadians that a carbon tax or cap and trade
    system are not the only, and certainly not necessarily the best
    possible ways to address stabilization of the climate.

    http://www.politicalforum.com/polit...t-work-fast-enough-address-wais-collapse.html

    A carbon tax will NOT work fast enough to address WAIS collapse.

    The fact that the West Antarctic Ice Sheet is below sea level makes it especially
    vulnerable to rapid cracking and sliding. It doesn't actually have to melt to raise ocean
    levels... it just has to crack up!


    The best alternative theory on climate stabilization that I have
    read about so far has the added benefit of being a great way to
    bring greater economic stability to some nations in the Middle East
    which could lead to tens of thousands of refugees returning to
    their homelands.


    http://www.politicalforum.com/opini...saving-new-orleans-florida-rising-oceans.html

    The Sahara Forest Project...and saving New Orleans and Florida from rising oceans!
     
  5. DennisTate

    DennisTate Well-Known Member Past Donor

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    Econ4Every1, did I just find verification for a statement that I made back in 2006?


    http://bankingsystemflaws.blogspot.ca

    The rather crucial sentence that I bolded and enlarged is the one that I
    believe I have found verification for:

    http://www.michaeljournal.org/artic...ce-our-country-debt-free-say-three-economists

    The Bank of Canada Must Finance our Country, Debt-Free Say Three Economists
    on Wednesday, 01 March 1995. Posted in In This Age of Plenty (book)

    by Harold Chorney, John Hotson, and Mario Seccareccia

    .....
    So Econ4Every1..... does this statistic that net interest is up by 26,000% essentially verify my
    statement from my 2006 campaign as an independent for the office of M. L. A?
     
  6. DennisTate

    DennisTate Well-Known Member Past Donor

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    My approach is to attempt to
    cover topics in such a way that
    makes sense to many conservatives and
    then later on, (or perhaps often even in the same post),
    cover that same topic in such a way that makes sense to
    liberals or progressives.

    My method is rather ineffective over the short term.........
    so I am glad that you have found another way of mentoring people that
    is obviously working far better than mine is.



    I just got back an exceptional reply to one of my
    topics that I just had to get your opinion on:

    http://www.politicalforum.com/showthread.php?t=424298&page=5&p=1067068558#post1067068558

    Thread: Did P. M. Pierre Elliott Trudeau save the world environment?
     
  7. DennisTate

    DennisTate Well-Known Member Past Donor

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    One of the groups that would be most capable of creating an alternative currency would be the Canadians and USA Green Parties.

    Theoretically......... they could begin something that could take off in some areas in a manner that could compare with the Worgl, Austria local money experiment.


    I think that you will like this other somewhat related discussion that I just began.......



    http://www.politicalforum.com/econo...teerism-hour-dollar-alternative-currency.html

    Proposed Green Party Volunteerism Hour or Dollar alternative currency.
     
  8. DennisTate

    DennisTate Well-Known Member Past Donor

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    I just got back an absolutely fascinating response on this subject by a member of this forum
    who is not yet twenty years of age.



    This young man is also already interested in campaigning for the office of
    President of the USA in the year 2036, (the first year after he turns 35)!

    http://www.politicalforum.com/opinion-polls/469487-light-abovealphas-nomination-dennistate.html
    In light of AboveAlpha's nomination by DennisTate...
    Would you support my platform if I ran for president today?


    .......

    The possible implications of his proposal is off the scale......
    This would.....
    1. tend to decrease and generally stabilize the price of oil
    2. with slightly less money at stake big oil would be somewhat more willing to allow truly green energy inventions onto the market.
    3. this should result in a boom in the North American economy... .would it not?
     
  9. HailVictory

    HailVictory Banned at Members Request

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    The harsh reality though is the, in order to make this work really well, we may have to nationalize the oil industry instead of leaving it up to a company.

    It would decrease the price of oil in the long run, but would be hard to adjust to in the first couple years or even decades (ie. just like Brexit sort of), as we've been semi-dependent on the ME for oil for such a long time that it would tank our economy for a wee bit. Actually, the parallels to Brexit are uncanny. In the short term, Canadian unification and a ban on oil imports would really screw with the economy, but in the long run, it'd make us more independent and stabilize the oil prices because now you have two oil dynamos, the ME and North America.

    With the new cash, provided it was nationalized, we could fund sustainable energy programs, and perhaps build a ton of nuclear power plants way up north in Canada where no living animal would be around to feel the effects of a meltdown if we can't figure anything out really quickly.
     
    DennisTate likes this.
  10. Econ4Every1

    Econ4Every1 Well-Known Member

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    My understanding of oil is that it is largely fungible. We lack the refineries in NA to refine all the oil we make so we put it on ships and send it other places where it mixes with oil from all over the world. The price of oil is global, not localized for that reason, or at least that's my understanding.

    IMO, if the US wants to bridge the gap between today and the future (25-50 years) when realistic renewables are cheap and cost effective, we need to commit ourselves to building 20 or so Molten Salt Nuclear reactors. In the net, they would consume more nuclear waste than they would create (because they use old waste as fuel and create 100 times less waste in the end), the vessels don't work under pressure (avoiding Chernobyl and Fukashima style accidents in the event of failure) and because fluorine salts are used as the heat transfer medium (instead of water) if the system is breached it is self-sealing (fluorine salts solidify as they cool). MSR don't use Uranium as the nuclear power source, but Thorium which is extremely abundant and they don't create greehouse gas emissions.

    The government could subsidize both the building of the plants and the transition to hybrid and all electric cars. If we could create a hybrid tractor trailer (that's what a locomotive is) we could vastly decrease our need for oil. The global price would plummet, our enemies would be at our mercy as most fund their economies with oil and because the US is the only nation that has a clue how to create molten salt reactors, we can share the tech with our friends (Hey Canada!!!) and cripple our enemies (or at least make them a lot more open to discussion)....By subsidising electricity costs we can make our nation more competitive globally as the cost of doing business here will decline.



    But that's just my little rant....sorry.
     
  11. DennisTate

    DennisTate Well-Known Member Past Donor

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    Bypassing an application of Patent Laws that is destroying our economy could be the way that this could begin.......


    http://www.politicalforum.com/index.php?threads/ocean-acidification.394228/page-5#post-1067219203

    Ocean acidification...
    ....


     

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