Powercor ( the Family Compact) Surfaces in Adscam
Canada's modern Family Compact had the veil of media protection briefly removed at the Adscam Inquiry. In the true traditional Canadian way, the Desmarais connection was breezed over in the sycophant MSM ( Main Stream Media)....more lying by omission ( no wonder Canadians are so dumbed down about their own Nation's power structure).
The wide-eyed folks at Canada free press snagged this and ran with it and it has appeared on some of the more politically astute Blogs since. For those who need reminding about the power behind the liberal throne, here it is in Technicolor (with the kind indulgence of the great folks at Canada Free press) : http://canadafreepress.com/2005/duff051305.htm
" Gomery watchers have grown accustomed to hyperbolic descriptions of the various testimonies, but as someone who spent the past year interviewing Alfonso Gagliano, Beryl Wajsman and others for a book, I can honestly say nothing surprised me until this past week, when former PLCQ director-general Benôit Corbeil told the commission that whenever the perennially cash-strapped Quebec wing needed money, a call would be made to John Rae, executive assistant to the office of Power Corp. chairman Paul Desmarais.
According to Corbeil, Rae would then call Banque Nationale president André Bérard to ask that the party's line of credit be increased. In three years, PLCQ's debt soared from $30,000 to more than $3 million.
Why would a senior advisor to the chairman of a publicly traded corporation, a trusted confidant of both Jean Chrétien and the current PM, make a call to a bank president on behalf of the Liberals' Quebec wing? Which hat was Mr. Rae wearing when he allegedly made those calls? One has difficulty believing this service was in exchange for access and influence, given that the LPCQ's president at the time was Françoise Patry, whose day job was ‹ and is ‹ serving as administrative assistant to Power Corp. chairman Paul Desmarais and his wife Jacqueline.
Was Mr. Rae acting on behalf of Power Corp. in guaranteeing the Quebec wing's line of credit? That would beg the question of why one of Canada's largest financial-services conglomerates was acting as a guarantor for a political party. If so, did Power Corp. make a declaration of this liability to shareholders or list it for tax purposes as a donation in kind? "
What, indeed, is Canada's largest private financial services conglomerate doing backing the debt of a political party? Better yet, why does this same conglomerate and it's executive keep popping up in domestic and international political scandals where public funding is being diverted to private corporate needs ( both legally and illegally...like in the Iraqi oil for food scam) or through political insider frauds and coups with sovereign nations?
I think any Liberal cartel watcher of the last decade can give you the answer….it’s just elevating to see the alternate media and wider political community wising up to the fact Canada is run by this unseemly corporate welfare political cartel.
If you own Powercor stock.....dump it, because it won't be worth poot without a bought-off corrupt domestic government to pave the way for the slimey deals that profit this kleptocrat-state reliant mogul.
posted by W.L. Mackenzie Redux | 3:35 PM
2 Comments:
John Rae, also on Trudeau foundation, brother of Bob Rae, who hired Maurice Strong into Ontario Hydro. Power Corp, major shareholder in BNP Paribas, up to its chin in the Oil For Food scandal at the UN. And on and on and on...
I am beginning to suspect that someone is putting sedatives in our drinking water. I just don't get the public's tolerance of this.
Actually, Shaken, Bob Rea hired "uncle Moe", as Strong was known to the Rae cabinet, to be CEO of Ontario hydro. Once he nested into the cat bird's seat of this lucrative public utility...."Uncle Moe" pillaged the public revenues of the crown corp to buy a Puerto Rican rain forest island to build his up-scale eco-toruist resort on. When you get your hydro bill and read the cost/charge listed as "Ontario Hydro Debt Retirement Charge"....this is a fond reminder of the red ink "Uncle Moe" Strong rang up on the Ontario rate payer's while he was CEO of the Utility.....he even managed to line his pockets nicely before Bob Rea's commie regime went down. Two months before that election, Moe bailed from the public utility and took a job in the UN ( diplomatic immunity) before the OPP arrived at his door.
BTW: Bob Rae called him "uncle Moe" for a reason; Bob's dad, Saul Rae and Strong were bosom pals in the old days when Saul was riding the gravey train in the Canukistan foreign department and Moe was a door opener/deal maker at the UN.
Moe Strong is Bob Rea's "Godfather". ( really!!) He seems to look after his god sons well as David, John and Bob all work for Powercor in some capacity these days. David and John are also senior Liberal party bag men.
The web of insider influence peddling is small in Canada yet it seems like a well kept national secret that the media will never divulge. Perhaps the "tranquilizers" in the public drinking water are delivered by our somnambulist media.
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