Where the money goes when NB gets swindled

Image Sources: CBSC-CCSN, ACOA-APECA
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Where the money goes when NB gets swindled
Dan Fitzgerald - QSLS Politics
March 3rd, 2010

Recent days in the NB political arena have seen the delay and conclusion, respectively of two biggest corporo-fascist swindles of recent years - the announcement of MOU2B, and the Atcon bailout meltdown. Now, since people like to get lawsuit happy these days when people 'attack their integrity' - despite the mounds of evidence seen rotting for years in front of the people - I will only say this for sure about where so much stolen money really goes: only the crooks know for sure.

Maybe CBC investigative reporter Jacques Poitras will take after his former employers and their business buddies with the same tenacity he displayed against the government while working at the Irving press empire. I'll not hold my breath, but perhaps the answer might come easier if we focus in a bit.

What about the current premier's father Alan Graham? Sure - he was the longest uninterrupted NB MLA, a winning streak going from '67 until '98. But why don't we hear much from him these days? Perhaps it would be instructive to see what happens financially in the global kleptocracy for the politically well-connected.

Well, it seems in addition to helping PetroWorth suck up as much new-found NB gas as possible, he's been pretty busy sitting on the board of Sweden's biggest plywood company Vanerply with Robbie Tozer, CEO of Atcon:

Image Source: Kompass

Having the Premier's father working on offshore wood deals with the recipients of massive corporate welfare on the home front... Hmm, I'm going to go out on a limb here and say that impression don't bode too well for Graham reselling self-sufficiency 2026. Unless your NB's vision for self-sufficiency involves sitting in the cold, double paying every piper, piper's father, and all the pipers friends companies, which they then plunder using offshore tax havens and shell corporations.

If this power deal with Quebec goes through, the cut Shawn Graham's family gets of the $70+ million to the failed NB plywood / bridge king (turned into Swedish wood rock-star) will really look like chump change. Which would be appropriate wording, given New Brunswickers' long histories of acting the fool when it comes to detecting and defeating charlatans. So let's hope for some change in September, like Greece and Spain, it's not like we can print the money ourselves any more... Although reverting to NB banknotes would certainly make them harder to run off with:

Image Source: Give-a-buck.com

7 comments:

Willi Nolan said...

Thanks!

Anonymous said...

I notice Frank has taken up residence in Turks and Caicos maybe Shawn is hilidaying there checking on his offshore accounts.

Anonymous said...

Thank you for doing this. Keep up the good work.

Anonymous said...

great post danny, really intense.

Nick

Anonymous said...

hay danny, did you see this

http://www.cbc.ca/canada/new-brunswick/story/2010/03/11/nb-graham-ties-to-atcon.html

Your breaking news for the CBC, and i can see this being a huge scandle.

Nick

Anonymous said...

glad all this info received alot of air timethis week. Hopefully it'll resonate during election campaign in sept. Keep up the good work diggin.

Anonymous said...

glad all this info received alot of air timethis week. Hopefully it'll resonate during election campaign in sept. Keep up the good work diggin.