William Ashley Posted January 12, 2010 Report Posted January 12, 2010 (edited) Ok so US Steel, one of the biggest and most influential companies in the world breached its takeover promises in regard to stelco. Should the government aquire Stelco due to the breach of US Steel? And US Steel be out 1 Billion dollars? http://www.cbc.ca/canada/toronto/story/2010/01/12/stelco-us-steel-industry-canada.html Personally I think this is very clear cut. They said they'd maintain job levels they didn't, so they should loose the assets gained in the takeover. Bear in mind this is one of the most powerful Jewish companies in the world, and an american one. Will pro zionist Harper conservatives actually attack their own lifeblood? Why doesn't US steel just own up to it instead of saying Canadian law isn't specific enough - when it was blatantly obvious that if you say you'd maintain job levels and didn't that it is a breach of the arrangements. Those jobs represent a lot to the canadian economy. Easily $100,000,000 that is 100 milllion dollars each year. The deal itself was only worth 1 Billion so that annual loss to the Canadian economy of 1/10th the value of the deal is substantial. The trickle down could easily be worth more than that. That is a very substantial failure to the Canadian people. Not only did US Steel fail Canada but so did Tony Clement, and he risks doing it again with Athabasca. Edited January 12, 2010 by William Ashley Quote I was here.
Alta4ever Posted January 12, 2010 Report Posted January 12, 2010 Should this not have been posted elsewhere? Quote "What about the legitimacy of the democratic process, yeah, what about it?" Jack Layton and his coup against the people of Canada “The nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” President Ronald Reagan
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 Should this not have been posted elsewhere? No...Jew baiting knows no bounds. Quote Economics trumps Virtue.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 (edited) Should this not have been posted elsewhere? Nah, this is a big federal politics issue. Tony Clement let this company buy out Canadian assets and this foreign company failed Canada and the Canadian workforce miserably. Yet Clement keeps on handing these out.. eg. the Chinese Takeover of Athabasca tarsands --- under the exact same guidelines - increase the workforce. Well what happened here, they laid off 1500 people and shut the mills down. The Athabasca deal is worth almost twice as much - should Canada really be trusting foreign companies to maintain the Canadian economy when they only lead to domestic rises in unemployment? Edited January 12, 2010 by William Ashley Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 .... should Canada really be trusting foreign companies to maintain the Canadian economy when they only lead to domestic rises in unemployment? How else was Canada going to do it? Sell snow-cones? Quote Economics trumps Virtue.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 (edited) How else was Canada going to do it? Sell snow-cones? It could .. don't forget your fresh water crisis looming in the midwest and failure of your salt filled irrigation systems... Obama's plan to BUY AMERICAN is the start for what Canada could do. Since it is running an import trade led trade defecit... These things are possible clearly you don't understand how self sufficient the Canadian economy could be instead of giving the refining benifit to the US. Edited January 12, 2010 by William Ashley Quote I was here.
Michael Hardner Posted January 12, 2010 Report Posted January 12, 2010 Nah, this is a big federal politics issue. Or you could have published it in 'religion', and added any Protocols of Zion links that you have too. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 ....These things are possible clearly you don't understand how self sufficient the Canadian economy could be instead of giving the refining benifit to the US. Could be my ass...it was official government policy (under Libs and Cons) to garner as much foreign investment as possible for capital poor Canada. So now you think you did it all by yourself? Quote Economics trumps Virtue.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 (edited) Could be my ass...it was official government policy (under Libs and Cons) to garner as much foreign investment as possible for capital poor Canada. So now you think you did it all by yourself? Nah the Indians helped too. Capital does not = ownership. Also what the hell good is capital if it is used to shut down production to help build a monopoly in another country that domestics then need to buy from instead of helping their own economy. There are the right way to work with foreign capital and the wrong way. US steel failed Canada so it should be failed. That simple. Edited January 12, 2010 by William Ashley Quote I was here.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 (edited) Or you could have published it in 'religion', and added any Protocols of Zion links that you have too. Nah the Israel connection is only in mind of the harperites not so much the isssue at hand, also bear in mind Israel isn't a religion. Edited January 12, 2010 by William Ashley Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 Nah the Indians helped too. OK...Canada is still screwing them if that makes you feel better. Capital does not = ownership. Better read the paperwork. Also what the hell good is capital if it is used to shut down production to help build a monopoly in another country that domestics then need to buy from instead of helping their own economy. There are the right way to work with foreign capital and the wrong way. US steel failed Canada so it should be failed. That simple. That's what Stelco thought too...then it failed because of gross mismanagement, pension games, and USA union problems, losing a big fat GM contract. Note: GM is also an American corporation. Quote Economics trumps Virtue.
Michael Hardner Posted January 12, 2010 Report Posted January 12, 2010 Nah the Israel connection is only in mind of the harperites not so much the isssue at hand, also bear in mind Israel isn't a religion. Ok, well I'm not sure why you say Israel isn't a religion when you said this above: Bear in mind this is one of the most powerful Jewish companies in the world, and an american one. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 Ok, well I'm not sure why you say Israel isn't a religion when you said this above: Israel Steel does not equate Jewish Steel. Comprendo? Quote I was here.
Michael Hardner Posted January 12, 2010 Report Posted January 12, 2010 Israel Steel does not equate Jewish Steel. Comprendo? Now I don't understand either post of yours. Let's move on. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 OK...Canada is still screwing them if that makes you feel better. In some ways yes, in other ways no. Canadian Natives are way better off than American Natives. Better read the paperwork. That's what Stelco thought too...then it failed because of gross mismanagement, pension games, and USA union problems, losing a big fat GM contract. Note: GM is also an American corporation. Well that is why it really should just revert to the government, if it can't be managed as a crown corp for profit it won't be. Personally I think US Steel scuttled the Canadian production for US production, and damaged the Canadian industry intentionally to slow down its growth and potential competition. While one company can aim to fill its orders in hard times it is 10x worse when you have someone undercutting you. Fact is I think US Steel sold out Canada in favor of Pittsburg. Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 (edited) In some ways yes, in other ways no. Canadian Natives are way better off than American Natives. Great...I will let them know that...they will be very relieved to hear that. Well that is why it really should just revert to the government, if it can't be managed as a crown corp for profit it won't be. Lots of crown success stories there, eh? Remember Petro-Canada and the NEP? Alberta sure does! Personally I think US Steel scuttled the Canadian production for US production, and damaged the Canadian industry intentionally to slow down its growth and potential competition. While one company can aim to fill its orders in hard times it is 10x worse when you have someone undercutting you. Fact is I think US Steel sold out Canada in favor of Pittsburg. Gosh, I sure hope so....they are called "US Steel" and "Pittsburgh Steelers" for a reason. Edited January 12, 2010 by bush_cheney2004 Quote Economics trumps Virtue.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 Great...I will let them know that...they will be very relieved to hear that. Doubtful. Lots of crown success stories there, eh? Remember Petro-Canada and the NEP? Alberta sure does! Hey look at all the sales they've pulled off, surely after crown management private companies can see how to reape in a profit off formerly public assets. Gosh, I sure hope so....they are called "US Steel" and "Pittsburgh Steelers" for a reason. True, from that perspective. Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 ....True, from that perspective. What perspective did you expect? Ontario should think hard next time before selling its soul to the devil for capital investment. Quote Economics trumps Virtue.
madmax Posted January 12, 2010 Report Posted January 12, 2010 Bear in mind this is one of the most powerful Jewish companies in the world, and an american one. Will pro zionist Harper conservatives actually attack their own lifeblood? This really be a non issue... Its too bad you derailed your own thread. I am not going to participate in this topic. Quote
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 Its too bad you derailed your own thread. I am not going to participate in this topic. It was the Joooooooos...no, no, wait...it was the 'merkinnnnnnns....no, no, wait...I got it...it was the 'merkinnnnnn Joooooooos! Quote Economics trumps Virtue.
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 (edited) What perspective did you expect? Ontario should think hard next time before selling its soul to the devil for capital investment. True. When do you propose this sale start? Edited January 12, 2010 by William Ashley Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 True. When do you propose this sale start? 1965? Quote Economics trumps Virtue.
ZenOps Posted January 12, 2010 Report Posted January 12, 2010 Canadian natives are alive, that automatically makes them better than US natives. As for regular steel - Iron is losing its lustre, Molybdenum (stainless steel) is where its at. Quote
William Ashley Posted January 12, 2010 Author Report Posted January 12, 2010 It was the Joooooooos...no, no, wait...it was the 'merkinnnnnnns....no, no, wait...I got it...it was the 'merkinnnnnn Joooooooos! it waz the 'merikinnnn pitzberhg joooooooos! kindly stop changing my spelling whoever is doing it. Quote I was here.
bush_cheney2004 Posted January 12, 2010 Report Posted January 12, 2010 Canadian natives are alive, that automatically makes them better than US natives. That's mighty white of you. First Nations rejoice! As for regular steel - Iron is losing its lustre, Molybdenum (stainless steel) is where its at. There are hundreds of steel types and alloys. Quote Economics trumps Virtue.
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