Rasputin Posted January 29, 2004 Report Posted January 29, 2004 So King Paul Jr or the II was initially set up with $500 million in tax payer backed loans so Paul could buy the firm CSL and now in the NP and elsewhere we learn that in the past 10 years KPII received $160 million in subsidies. Cool. How is that for Business 101. Business school Profs can teach earnest young minds that gov't handouts to buy firms, and then a guaranteed $20 million per year in gov't contracts is the way to not only becoming rich, but being declared a genius and of course eventually King. Who the hell needs all the work and pain of building something without massive subsidies ? Gee we were told that King Paul's CSL only received $140 thousand in subsidies. Wow I guess some zeros fell off the original estimate. Don Martin of the NP believes that the Arar inquiry was purposefully announced yesterday to deflect the above information. Interesting theory. Quote
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