April 16, 2015

Evening Fix: Thursday, April 16, 2015

Emily PrattRebel Correspondent

Ontario to sell up to 60% of Hydro One, beer to be sold in supermarkets. PLUS:

* Wikileaks archives Sony emails, documents online

* Report finds CBC management mishandled Ghomeshi

What else were people talking about today?

Tell us in the comments!

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commented 2015-04-17 11:22:16 -0400
Hydro should have been a private utility all along. And, the Liberal government has proven how politicians aren’t necessarily good managers of utilities or bureaucracies. However, the money will likely get squandered. How about reducing the deficit and getting the financial house in order? Instead, they will likely award outrageous contracts to their Liberal friends.
commented 2015-04-17 00:07:02 -0400
So we’re going to sell off a public utility. Some would say “good ridden” without thinking it through.
We paid for Ontario Hydro. It kept Ontario rich and the engine of this country. When the Globalists (Agenda 21) got control of the province starting with Bob Rae appointing “Uncle Moe” Strong as head of Ontario Hydro things started changing. Debt started mounting and business were being driven out. Then came creeping hydro rates that then accelerated under McGuinty and a further 50% increase is expected.
Is has no debt (for the past 2 years) and has enough money to strength the grid. If it has no money then the Liberals stole it! Just check your Hydro bill and see all the phoney items you’re charged for. Quebec Hydro charges $0.08 a Kwhr (all charges included).
Now think Greece. Their public utilities are sold off to pay a debt. When that debt is written off they lost everything. Their water, their energy and their communications is privately owned and the gouging will continue. Are they really a free state? Do the citizens then really own the government or do the politicians work primarily for their financial supporters (think unions and the Ontario Liberals).
Bankruptcy starts slowly and then suddenly.
commented 2015-04-16 23:43:43 -0400
I admit have mixed feelings about selling Hydro One.

On the one hand, I know that my young grandchildren could do a better job of running a business than any left wing government, but I remember my first lesson in Conservatism, learned from watching an old episode of Upstairs Downstairs on BBC TV, when old man Bellamy taught young master Bellamy that “the liquidation of one’s capital is the first step on the slippery slope to ruination”.

Use the income generated by capital to pay the bills and at the end of the day the bills will be paid and we will still have our capital.

But anyway, no matter how many billions of dollars that this sale might bring in, it will probably all be squandered in a heartbeat by this current gang of thieves, liars and pedophile loving eco-whackos.