Governor of Michigan, Gretchen Whitmer orders Enbridge’s Line 5 pipeline shutdown by May 2021, Justin Trudeau Silent even though this Pipeline supplies half of the oil needs of Ontario and Quebec – February 2, 2021,
I’ve said once before and I’ll say it once again, Erin O’Toole reminds me of someone I went to high school with and although I’ll be voting for Maxime Bernier, it wouldn’t surprise me in the slightest if Eri O’Toole became the next Prime Minister of Canada, for the record I hate stated openly that I thought Andrew Scheer had ZERO chance of beating Justin Trudeau even with the Blackface scandal.
It’s important to understand when reading the story below, that, this is going to drastically raise the cost of living in Canada for both Ontario and Quebec. Most people don’t notice it now, but I notice it because I’m in the forex markets daily, but there’s currently a race to the bottom currency war happening right now, which in a normal world equates to inflation running red hot!
All countries including Canada are trying to prop up the U.S dollar, Canada the EU, and others have learned from what happened under the Obama Administration that they have to get ahead of the U.S dollar dip and use whatever tools at their disposal to make sure that the Loonie as an example doesn’t appreciate to high, but that doesn’t mean that the Canadian dollar isn’t losing purchasing power, it just means in comparison to the Greenback the Canadian dollar is a level that makes our manufacturers profitable.
All that aside, I’m of the belief that there was MASSIVE VOTER FRAUD in the 2020 U.S election but because the Democrats got away with it, who can blame them for not wanting to push this climate change nonsense to the limits? In minds of many of these morons, they genuinely believe that they’re doing these things for the greater good and that they will be rewarded somehow for their good deeds.
Again I’ve never been against fiat money, however, this is the problem with fiat money, is that the Leftists assume, the money cures all things, what the Leftist don’t understand is that money revolves around productivity and Progressives believe that they can make EVERYONE happy, Leftists, in my opinion, imagine themselves to be the hero of a movie!.
Because I believe Donald Trump won Michigan, I think the Democrats know they have a small window to enact what they believe is… social justice. The problem with voter fraud is that the real voter isn’t on the politician’s side on almost every issue, I think organic movements that I can’t predict are going to start popping up all over America, in other areas of the world where voter fraud is rampant, usually those countries end up in a civil war.
I’m in Ontario, as I’ve been saying once Trump leaves the White House, expect oil prices to skyrocket and it’s already happening in Ontario, now, because Democrats and Liberals in Ontario believe that economies fix themselves, they don’t remember that we’re currently living under an economy created by Jean Chretien, Paul Martin and a whole lot of CORPRATISM which INCLUDED OIL, Gas and Austerity measures.
Many Canadians remember when Petro Canada was a Crown Corporation(a State-owned enterprise). In the 1990s primarily because of Pierre Trudeau who destroyed the Canadian economy, the Liberal Party had to at least appear to be fiscally responsible. What Paul Martin did, was he turned Canada into a corporatist nation, I actually think Paul Martin is the architect of profiting from a lower Canadian dollar and one of the most influential Progressive politicians of our era.
All that aside, as anyone would expect, Leftists have to find a new enemy to destroy, and currently, the new enemy is the Oil and Gas sector, followed closely by social justice which garners a lot of votes, from people who think the Canadian economy runs on autopilot.
Anyway, I’m not entirely sure what will become of Enbridge’s Line 5, I’m hoping this Gretchen Whitmer disaster doesn’t happen, but what Justin Trudeau has done over and over again since becoming Prime minister is he’s said something publically and then done NOTHING!
So, in my opinion, Erin O’Toole would be wise to keep repeating himself on this topic, because I expect Trudeau will make an announcement but do nothing. Most Canadians don’t understand that oil and gas is all around us and will make the cost of living rise for everything. The fiat dollar is viewed as a Petro-Dollar, let’s never forget that. Even I as a Gold Bug, do not want a return to the Gold Standard, I do think it will probably happen once the economic forces of the Western World start breaking down, but it’s never been something I’ve wanted to happen in a Democracy because people aren’t going to store barrels of oil in their homes, people will hoard Gold.
Anyway just a heads up, you’d be wise to pay attention to retail Gas prices at the pumps and ignore what’s happening in the stock markets. Because the stock markets aren’t a reflection of productivity in the real economy. You’re going to hear about low production and all these reasons why oil should be lower, it’s a lie, transporting oil requires oil! The whole point of a pipeline is TO KEEP COSTS DOWN, pipelines are also energy efficient, I’m not even big on pipelines, but I’m not against them, I prefer a diverse energy supply, but the Leftists want one size fits all. One size fits all is very, very expensive so again pay close attention to retail gas prices.
Erin O’Toole: Shutting down Enbridge’s Line 5 would be devastating for Canada | yahoo.com
Interesting times ahead!