Juggling Dynamite

Polluters extract profits by socializing costs.  On a full cost accounting basis, oil and gas are not economically viable.  Time to face facts.

Regan Boychuk, founder of Reclaim Alberta and researcher for Alberta Liabilities Disclosure Project, talks about a new report that shows Canadians spent $4.3 million every day in 2020 to clean up Alberta’s oil and gas wells. The report included 13 recommendations to ensure the industry cleans up its own oil and gas wells before it’s too late. The suggestions include adding a public licensee registry for every well in Alberta so that cleanup costs can be traced back and equitably distributed amongst the companies that profited from it.  Here is a direct video link.

“Bernanke and the boys”…love it.

When Grantham appeared on WEALTHTRACK in 2018 he was predicting a possible market melt-up, a powerful late-stage two to three-year-long market rally before an inevitable decline.
He got the melt-up right, even when figuring in the brief, 2020 pandemic induced bear market. And of course, the bull continues to this day. The U.S. stock market had an impressive first half of the year. The S&P 500 gained 14.4% to close at 4297.5, it’s 34th record close for the year.

Grantham will explain why he is calling this a bubble of epic proportions and suggest ways that investors can handle it. Here is a direct video link.

It took Sam Cooper four years to meticulously research and write his new book Wilful Blindness.  Thoughtful Canadians should invest the time to digest its findings.  The policy-supported links between casinos, money laundering, narcotics, crime and unaffordable home prices are costing our nation dearly.

It’s a story so shocking it’s hard to believe. A Canadian politician laundering Asian drug money. A crime boss running Chinese gang wars from his Vancouver home. A local fentanyl super-factory capable of killing scores of Canadians. What they all have in common is their link back to Communist Chinese agents, who use criminal syndicates to corrupt Canadian officials, flood Canada’s streets with dangerous drugs, intimidate local Chinese communities, and buy up vast swaths of Canadian real estate. Anthony talks to veteran journalist Sam Cooper, whose bombshell new book, Wilful Blindness: How a Network of Narcos, Tycoons and CCP Agents Infiltrated the West, lays out in gory detail the horrifying story of how Canada is letting this happen. Here is a link to the audio clip.