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Ana Sayfaya Dön

👇THIS IS WHY👇 Trans Mountain Pipeline is a perfect example of: “Just Add Government” A private company was ready & willing to spend a few billion of its OWN MONEY twinning the pipeline 💰 The Feds screwed it up SO MUCH that taxpayers were on the hook for about... show more

Kris Sims

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14,074 görüntüleme • 3 ay önce •via X (Twitter)

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When pressed on why there wasn't enough private interest in the pipeline & why taxpayers money is required... Smith responded by basically saying that neither she nor the Feds could convince private equity that the project wouldn't be cancelled, so taxpayers are picking it up.

When pressed on why there wasn't enough private interest in the pipeline & why taxpayers money is required... Smith responded by basically saying that neither she nor the Feds could convince private equity that the project wouldn't be cancelled, so taxpayers are picking it up.

The Breakdown

53,857 görüntüleme • 1 ay önce

Somebody might want to tell CBC that the anti-oil pipeline Pembina Institute is not the same as Pembina Resources... that is in for 10% of the new Alberta pipeline to the BC coast 🤣 "Pembina Institute, a private company, is partnering with the Alberta government and the federally owned Trans Mountain Corporation for construction of the pipeline, a move experts say helps with the enormous price tag, estimated to be up to $43.7 billion." Also Heather Exner-Pirot "But this will obviously take a consortium that will involve Alberta and federal governments as well." CBC News Brodie Fenlon

Somebody might want to tell CBC that the anti-oil pipeline Pembina Institute is not the same as Pembina Resources... that is in for 10% of the new Alberta pipeline to the BC coast 🤣 "Pembina Institute, a private company, is partnering with the Alberta government and the federally owned Trans Mountain Corporation for construction of the pipeline, a move experts say helps with the enormous price tag, estimated to be up to $43.7 billion." Also Heather Exner-Pirot "But this will obviously take a consortium that will involve Alberta and federal governments as well." CBC News Brodie Fenlon

cbcwatcher

55,208 görüntüleme • 1 ay önce

"This is what he's willing to spill blood for. This is what he's determined to get through. To give away the Chagos Islands... £35 billion quids worth of taxpayers' money attached to it. How or why can that be the overriding priority of the British Government? Mark Littlewood

"This is what he's willing to spill blood for. This is what he's determined to get through. To give away the Chagos Islands... £35 billion quids worth of taxpayers' money attached to it. How or why can that be the overriding priority of the British Government? Mark Littlewood

PopCon

35,649 görüntüleme • 5 ay önce

State trooper arrested farmer for trespassing on his own land. This is a crazy one because it blows your mind on how this happened. There is a back story behind this where both can be true at the same time. In this case the farmer does own the land, however this is taking place during a pipeline expansion through Iowa. This is an example of where the government steps in to push cooperation interests that supersedes the ownership of the land. So during construction of the pipeline, the government gave a form of temporary ownership of this farmer's land to the pipeline company while they lay the new pipeline. This farmer was ordered to stay off that strip where the pipeline was being laid until completion. So yes it was his land but not during that construction. According to the information I dug up on this as merky as it is, the pipeline was completed in 2017. Again info is merky on some of this which is why I'm not including names and etc as I'm finding multiple sources on this regarding names of the troopers and farmer that conflict. The real question is, do you feel it's right that the government has the ability to force the pipeline to run though this farmer's land without his consent? There was compensation for the use of the land but the court documents I found say that the farmer claimed the offer was below market value which was part of his protest against this. If you have more info to share on this, I would love to read it in the comments.

State trooper arrested farmer for trespassing on his own land. This is a crazy one because it blows your mind on how this happened. There is a back story behind this where both can be true at the same time. In this case the farmer does own the land, however this is taking place during a pipeline expansion through Iowa. This is an example of where the government steps in to push cooperation interests that supersedes the ownership of the land. So during construction of the pipeline, the government gave a form of temporary ownership of this farmer's land to the pipeline company while they lay the new pipeline. This farmer was ordered to stay off that strip where the pipeline was being laid until completion. So yes it was his land but not during that construction. According to the information I dug up on this as merky as it is, the pipeline was completed in 2017. Again info is merky on some of this which is why I'm not including names and etc as I'm finding multiple sources on this regarding names of the troopers and farmer that conflict. The real question is, do you feel it's right that the government has the ability to force the pipeline to run though this farmer's land without his consent? There was compensation for the use of the land but the court documents I found say that the farmer claimed the offer was below market value which was part of his protest against this. If you have more info to share on this, I would love to read it in the comments.

Giggling Ganon

182,354 görüntüleme • 4 ay önce

Alexandria Ocasio-Cortez on high-speed trains: "It's so much less expensive!" Tell that to California taxpayers, who are now footing a $126 billion bill for a train to nowhere. High-speed rail is just a cash pipeline for the Democrat Party's green cronies!

Alexandria Ocasio-Cortez on high-speed trains: "It's so much less expensive!" Tell that to California taxpayers, who are now footing a $126 billion bill for a train to nowhere. High-speed rail is just a cash pipeline for the Democrat Party's green cronies!

Daniel Turner

46,327 görüntüleme • 4 ay önce

"Ukraine is not the 17th federal state of Germany. But judging by the amount of money it receives, it's even more than the 17th state. We've already pumped more than €100 billion from EU funds into this corrupt country. What exactly are they doing with the money of German taxpayers?" co-chair of the opposition party "Alternative" Tino Khrupalla stated in an interview. He also touches on Kiev's involvement in the sabotage of the "Nord Stream" pipeline): "We're talking about a pipeline that cost more than €10 billion and was built, among other things, with the money of private companies in Germany. And the fact that the government didn't even order the summoning of the Ukrainian ambassador for explanations is simply beyond all limits."

"Ukraine is not the 17th federal state of Germany. But judging by the amount of money it receives, it's even more than the 17th state. We've already pumped more than €100 billion from EU funds into this corrupt country. What exactly are they doing with the money of German taxpayers?" co-chair of the opposition party "Alternative" Tino Khrupalla stated in an interview. He also touches on Kiev's involvement in the sabotage of the "Nord Stream" pipeline): "We're talking about a pipeline that cost more than €10 billion and was built, among other things, with the money of private companies in Germany. And the fact that the government didn't even order the summoning of the Ukrainian ambassador for explanations is simply beyond all limits."

Olga Bazova

15,601 görüntüleme • 2 ay önce

NEW: Gavin Newsom is asking for a $2.8 billion BAILOUT for CA’s Medicaid program after he opened it up to illegals. This is on top of a $3.4 billion loan issued last week. This marks nearly $6.2 billion in just a few weeks. Why should taxpayers fund Medicaid for illegals?

NEW: Gavin Newsom is asking for a $2.8 billion BAILOUT for CA’s Medicaid program after he opened it up to illegals. This is on top of a $3.4 billion loan issued last week. This marks nearly $6.2 billion in just a few weeks. Why should taxpayers fund Medicaid for illegals?

Libs of TikTok

2,206,711 görüntüleme • 1 yıl önce

ELON: SPACEX WON A GOVERNMENT INTERNET ACCESS CONTRACT, BUT THE BIDEN ADMINISTRATION REVOKED IT - WHY!? “They had this $42 billion [program for Internet access], and [SpaceX] competed, and we won, and we would have actually been able to supply a lot of Starlink terminals to the states that were affected by the hurricanes. And they revoked the award. It's messed up. Why!? To date, for that 42 billion program, the total number of citizens that have received broadband from that $42 billion allocation is zero. Forty-two billion dollars for zero. I would call that waste. That is not a good use of money. There was also a big government initiative, I think $7 billion, or something like that, for a nationwide network of electric superchargers. I think they made like 10. This is the most egregious waste of money. There are so many situations like that. It just goes to bureaucrats and consultants, and nothing gets done. And it's wasting your money, which is crazy. The opportunity to reduce government waste is actually, I think, easy, because there's so much of it. They just don't care about your money, which is messed up. So, I think the Department of Government Efficiency is going to face a target-rich environment for reducing cost.” Harrisburg, Pennsylvania, October 19, 2024

ELON: SPACEX WON A GOVERNMENT INTERNET ACCESS CONTRACT, BUT THE BIDEN ADMINISTRATION REVOKED IT - WHY!? “They had this $42 billion [program for Internet access], and [SpaceX] competed, and we won, and we would have actually been able to supply a lot of Starlink terminals to the states that were affected by the hurricanes. And they revoked the award. It's messed up. Why!? To date, for that 42 billion program, the total number of citizens that have received broadband from that $42 billion allocation is zero. Forty-two billion dollars for zero. I would call that waste. That is not a good use of money. There was also a big government initiative, I think $7 billion, or something like that, for a nationwide network of electric superchargers. I think they made like 10. This is the most egregious waste of money. There are so many situations like that. It just goes to bureaucrats and consultants, and nothing gets done. And it's wasting your money, which is crazy. The opportunity to reduce government waste is actually, I think, easy, because there's so much of it. They just don't care about your money, which is messed up. So, I think the Department of Government Efficiency is going to face a target-rich environment for reducing cost.” Harrisburg, Pennsylvania, October 19, 2024

Mario Nawfal

209,285 görüntüleme • 1 yıl önce

The "Obamalisk" is almost ready to open at a cost of over $850 million, with taxpayers in the state of Illinois on the hook for at least a quarter of a billion dollars! This is another great reason why Illinois can't afford to build a new stadium for the Chicago Bears.

The "Obamalisk" is almost ready to open at a cost of over $850 million, with taxpayers in the state of Illinois on the hook for at least a quarter of a billion dollars! This is another great reason why Illinois can't afford to build a new stadium for the Chicago Bears.

Vince Langman

539,316 görüntüleme • 5 ay önce

At the Forever Canada rally, a man started yelling at me about pipelines. His argument was basically: “Canada built you a pipeline, so you should be grateful.” But that completely misses the point. The Trans Mountain Expansion was originally estimated at about $5.4 billion. It eventually climbed to $34.2 billion after the Liberal government took over the project. That is not a success story. That is what happens when Ottawa delays, blocks, politicizes, nationalizes, and mismanages a project that the private sector was once prepared to build. Then another man walked up, told me I had my facts wrong, and when I asked him to explain, he just walked away. Forever Canada means, I'm right, its impossible for me to be wrong, and grrrrrrr... Albertans should be grateful that Ottawa eventually allowed a pipeline to exist after making it vastly more expensive than it needed to be. Do you still have hope for the future of Canada? Full video:

At the Forever Canada rally, a man started yelling at me about pipelines. His argument was basically: “Canada built you a pipeline, so you should be grateful.” But that completely misses the point. The Trans Mountain Expansion was originally estimated at about $5.4 billion. It eventually climbed to $34.2 billion after the Liberal government took over the project. That is not a success story. That is what happens when Ottawa delays, blocks, politicizes, nationalizes, and mismanages a project that the private sector was once prepared to build. Then another man walked up, told me I had my facts wrong, and when I asked him to explain, he just walked away. Forever Canada means, I'm right, its impossible for me to be wrong, and grrrrrrr... Albertans should be grateful that Ottawa eventually allowed a pipeline to exist after making it vastly more expensive than it needed to be. Do you still have hope for the future of Canada? Full video:

Jon Alberta Patriot

29,500 görüntüleme • 1 ay önce

It was a privilege to speak to the Chagossians outside of Parliament. 🇮🇴 Giving away the Chagos Islands is anti-British. This shocking Labour government does not care about Britain’s interests or the interests of the Chagossian people. This Labour government is giving away a British territory and, disgracefully, making British taxpayers pay £35 billion for it.

It was a privilege to speak to the Chagossians outside of Parliament. 🇮🇴 Giving away the Chagos Islands is anti-British. This shocking Labour government does not care about Britain’s interests or the interests of the Chagossian people. This Labour government is giving away a British territory and, disgracefully, making British taxpayers pay £35 billion for it.

Priti Patel MP

32,067 görüntüleme • 7 ay önce

The UK government has handed one and a half billion pounds to a car company that thinks this is the future. 👇🤣

The UK government has handed one and a half billion pounds to a car company that thinks this is the future. 👇🤣

Malcolm Clark

10,917 görüntüleme • 10 ay önce

$2.5 billion for the Federal Reserve building makeover ?AT&T stadium cost $1.3 billion to build, but the bigger question is, if the federal reserve is independent of the US government and they profit from our debt why is the taxpayer on the hook for one thin dime of that remodel job, the taxpayer shouldn’t have to pay for a roll of toilet paper in that building. Trump’s whole empire is worth around $6–7 billion The truth is always in the numbers and this shit don’t add up when you “follow the money” IS THERE ANYONE IN D.C. THAT ISN’T A THEIF END THE FED President Donald J. Trump

$2.5 billion for the Federal Reserve building makeover ?AT&T stadium cost $1.3 billion to build, but the bigger question is, if the federal reserve is independent of the US government and they profit from our debt why is the taxpayer on the hook for one thin dime of that remodel job, the taxpayer shouldn’t have to pay for a roll of toilet paper in that building. Trump’s whole empire is worth around $6–7 billion The truth is always in the numbers and this shit don’t add up when you “follow the money” IS THERE ANYONE IN D.C. THAT ISN’T A THEIF END THE FED President Donald J. Trump

𝓜𝓐𝓖𝓐 𝕏 𝓣𝓘𝓜𝓔𝓢 𝓓𝓐𝓘𝓛𝓨 𝓝𝓔𝓦𝓢🇺🇸

161,940 görüntüleme • 1 yıl önce

Ray Dalio says a founder can be a “billionaire” without $1,000,000,000 existing anywhere “What’s quite common now is you can issue stock for, let’s say you raise $50 million and you value the company at a billion.” “Only $50 million was actually spent on that company. But now if you raise that, you’re a billionaire because the accounting value of that.” “You own stock that is valued at a billion dollars. Nobody paid a billion dollars, or whatever it is, and now you own that stock. But that stock, you can’t spend because you can’t spend wealth.” “In order to spend it, you have to sell some of that stock to get money.”

Ray Dalio says a founder can be a “billionaire” without $1,000,000,000 existing anywhere “What’s quite common now is you can issue stock for, let’s say you raise $50 million and you value the company at a billion.” “Only $50 million was actually spent on that company. But now if you raise that, you’re a billionaire because the accounting value of that.” “You own stock that is valued at a billion dollars. Nobody paid a billion dollars, or whatever it is, and now you own that stock. But that stock, you can’t spend because you can’t spend wealth.” “In order to spend it, you have to sell some of that stock to get money.”

katsu

19,421 görüntüleme • 16 gün önce

Share this so there is no confusion about the $6 billion that Biden just unfroze for Iran. Our government is now claiming that it was only to be used for humanitarian purposes. On September 12th the President of Iran talked about how they would use the money.

Share this so there is no confusion about the $6 billion that Biden just unfroze for Iran. Our government is now claiming that it was only to be used for humanitarian purposes. On September 12th the President of Iran talked about how they would use the money.

MAZE

2,523,546 görüntüleme • 2 yıl önce

Google just reported $99 billion in profits it never actually received. Alphabet posted net income of $112.1 billion for a single quarter. Earnings per share came in at $9.11 against a Wall Street estimate of $2.87. That is one of the largest profit quarters any company has ever printed. Yet the stock fell about 7% the same day. When people read past the headline and opened the earnings release, they found the reason sitting in one footnote... $99 billion of that profit came from a line called other income. Alphabet describes it as "primarily the result of net unrealized gains on our equity securities." So Google did not sell anything. It marked up shares it already owned and ran the increase through its income statement. That single line added $77.1 billion to net income after tax. It accounted for $6.26 of the $9.11 in earnings per share. Strip it out and adjusted earnings per share were $2.85. Analysts wanted $2.89. The ACTUAL business missed. Now here is what makes this insane: Most of that $99 billion came from two holdings, SpaceX and Anthropic. SpaceX went public on June 12 at roughly $1.77 trillion, up from about $400 billion a year earlier. Alphabet's stake is worth $94.1 billion, and roughly $80 billion of it sits under sale restrictions. Anthropic went from a $350 billion valuation to $965 billion inside the same quarter. Alphabet's private company holdings were worth about $124.3 billion on June 30, and the vast majority of that is Anthropic. Google cannot sell either position right now. Now trace where that valuation came from: Google started putting money into Anthropic in 2023. A $300 million bet has grown into a $13.3 billion position with commitments of up to $30 billion more. Anthropic committed to buying at least five gigawatts of computing capacity from Google Cloud. Google Cloud revenue then grew 82% to about $24.8 billion, the strongest quarter that business has ever had. That growth is part of the story the market uses to price both companies. And when Anthropic's valuation jumped, Google booked the jump as its OWN profit. Google is the investor, the supplier, and the party deciding what the asset is worth. A tax and accounting consultant named Robert Willens flagged this back in April, pointing out that Alphabet is able to influence the value of one of its own assets. And Alphabet's free cash flow for the quarter was negative $5.9 billion. That is the first negative quarter since Google went public in August 2004. Capital spending hit $44.9 billion. Operating cash flow was $39.1 billion. Capex now eats about 37.5% of every dollar of revenue, the highest share in the company's public life. To fund it, Alphabet has taken on roughly $100 billion of debt this year and raised about $85 billion in a June share sale, its first in more than two decades. This is a company that spent years buying its own stock back. What happens next: Alphabet raised 2026 capital spending guidance to between $195 billion and $205 billion, the second raise in three months. The finance chief told analysts 2027 spending will rise significantly. The company also disclosed $811 billion in contracted future spending commitments as of June, up nearly $500 billion from March. Those commitments are signed contracts that get paid in cash. The profit is an estimate of what a private company might be worth on a given day. Estimates move in both directions. If Anthropic or SpaceX gets repriced downward, the same line that produced the biggest quarter in Google's history runs backwards, and this quarter produced no free cash flow to absorb it. Meta, Microsoft and Amazon are all carrying their own private AI stakes into their own earnings reports. Watch how much of their profit they actually collected in cash...

Google just reported $99 billion in profits it never actually received. Alphabet posted net income of $112.1 billion for a single quarter. Earnings per share came in at $9.11 against a Wall Street estimate of $2.87. That is one of the largest profit quarters any company has ever printed. Yet the stock fell about 7% the same day. When people read past the headline and opened the earnings release, they found the reason sitting in one footnote... $99 billion of that profit came from a line called other income. Alphabet describes it as "primarily the result of net unrealized gains on our equity securities." So Google did not sell anything. It marked up shares it already owned and ran the increase through its income statement. That single line added $77.1 billion to net income after tax. It accounted for $6.26 of the $9.11 in earnings per share. Strip it out and adjusted earnings per share were $2.85. Analysts wanted $2.89. The ACTUAL business missed. Now here is what makes this insane: Most of that $99 billion came from two holdings, SpaceX and Anthropic. SpaceX went public on June 12 at roughly $1.77 trillion, up from about $400 billion a year earlier. Alphabet's stake is worth $94.1 billion, and roughly $80 billion of it sits under sale restrictions. Anthropic went from a $350 billion valuation to $965 billion inside the same quarter. Alphabet's private company holdings were worth about $124.3 billion on June 30, and the vast majority of that is Anthropic. Google cannot sell either position right now. Now trace where that valuation came from: Google started putting money into Anthropic in 2023. A $300 million bet has grown into a $13.3 billion position with commitments of up to $30 billion more. Anthropic committed to buying at least five gigawatts of computing capacity from Google Cloud. Google Cloud revenue then grew 82% to about $24.8 billion, the strongest quarter that business has ever had. That growth is part of the story the market uses to price both companies. And when Anthropic's valuation jumped, Google booked the jump as its OWN profit. Google is the investor, the supplier, and the party deciding what the asset is worth. A tax and accounting consultant named Robert Willens flagged this back in April, pointing out that Alphabet is able to influence the value of one of its own assets. And Alphabet's free cash flow for the quarter was negative $5.9 billion. That is the first negative quarter since Google went public in August 2004. Capital spending hit $44.9 billion. Operating cash flow was $39.1 billion. Capex now eats about 37.5% of every dollar of revenue, the highest share in the company's public life. To fund it, Alphabet has taken on roughly $100 billion of debt this year and raised about $85 billion in a June share sale, its first in more than two decades. This is a company that spent years buying its own stock back. What happens next: Alphabet raised 2026 capital spending guidance to between $195 billion and $205 billion, the second raise in three months. The finance chief told analysts 2027 spending will rise significantly. The company also disclosed $811 billion in contracted future spending commitments as of June, up nearly $500 billion from March. Those commitments are signed contracts that get paid in cash. The profit is an estimate of what a private company might be worth on a given day. Estimates move in both directions. If Anthropic or SpaceX gets repriced downward, the same line that produced the biggest quarter in Google's history runs backwards, and this quarter produced no free cash flow to absorb it. Meta, Microsoft and Amazon are all carrying their own private AI stakes into their own earnings reports. Watch how much of their profit they actually collected in cash...

Ricardo

363,984 görüntüleme • 21 gün önce

They want $350 billion for fighting “communism on our own shores.” This is the single greatest advertisement for socialism and communism. An economy where workers own the means of production is such a threat to the ruling class that they’re willing to spend billions to stop it.

They want $350 billion for fighting “communism on our own shores.” This is the single greatest advertisement for socialism and communism. An economy where workers own the means of production is such a threat to the ruling class that they’re willing to spend billions to stop it.

Power to the People ☭🕊

332,828 görüntüleme • 1 ay önce

Why is impoverishing young and disabled people to the tune of £5 billion a higher priority for the Government than introducing a wealth tax? 👇

Why is impoverishing young and disabled people to the tune of £5 billion a higher priority for the Government than introducing a wealth tax? 👇

Sian Berry

35,660 görüntüleme • 1 yıl önce

Doug Ford has been running “Protect Ontario” ads on every screen in the province for months. His government refuses to say how much they’re spending. REFUSES. This is the same Premier who tabled a $244 billion budget. $13.8 billion deficit. Debt crossing $500 billion. If you can’t tell taxpayers how much of OUR MONEY is spent on your own propaganda, you shouldn’t be in office.

Doug Ford has been running “Protect Ontario” ads on every screen in the province for months. His government refuses to say how much they’re spending. REFUSES. This is the same Premier who tabled a $244 billion budget. $13.8 billion deficit. Debt crossing $500 billion. If you can’t tell taxpayers how much of OUR MONEY is spent on your own propaganda, you shouldn’t be in office.

Mario Zelaya

17,029 görüntüleme • 4 ay önce