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Libya mission has cost Canada $26M!!

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posted on Jun, 9 2011 @ 11:57 PM
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Originally posted by JacKatMtn
reply to post by ModernAcademia
 


Tongue was firmly planted in cheek...


I was and still am totally against this NATO endeavor.. but I think most of us here are clued into why in all of the events, similar in fashion, that are occurring currently in the region, Libya was chosen as one that deserved NATO's intervention..

It's about protecting those who seek freedom.. right?





Right! The freedom to not have to repay the billion dollars they lost.
How Goldman Sachs Lost Over $1 billion of Libyan Money

In 2008, Libya’s sovereign-wealth fund invested $1.3 billion in Goldman Sachs (NYSE:GS), of which they lost about 98%. Then, in an attempt to make up for their losses, Goldman offered Libya the chance to become one of their biggest shareholders by investing $3.7 billion. In the summer of 2009, Goldman made three formal offers of preferred shares or unsecured debt, with negotiations going on for months, though nothing came to fruition

While officials at Libya’s sovereign-wealth fund accused Goldman (NYSE:GS) of misrepresentation, the firm denied any wrongdoing on their part. Still, whether to avoid sullying their reputation should news of Libya’s losses get out, or simply to maintain a working relationship with the Libyan government because of business ties within the country, Goldman tried to make amends with their $3.7 billion offer. But with the deal nearly set, Goldman backed out, instead offering investment opportunities in other U.S. financial firms, which the Libyan Investment Authority deemed too risky. Ultimately no deal was made, and in February, U.N. sanctions against doing business with Libya were re-instated as $37 billion of the Libyan Investment Authority’s $53 billion in assets (as of 2010) were frozen by U.S. officials.


Canada is in for $26 Million, US will be in for $1 Billion, and Goldman Sachs walks out on their $1.3 billion ripoff.

The truth is that Canada is already in many ways just the Northern US, both of our countries are already set on the path to become the North American Union.

Your Military is going to have to get more teeth, and yes you will be buying the F-35's also, because your Military will be integrated into NORTHCOM

USNORTHCOM’s AOR includes air, land and sea approaches and encompasses the continental United States, Alaska, Canada, Mexico and the surrounding water out to approximately 500 nautical miles. It also includes the Gulf of Mexico, the Straits of Florida, portions of the Caribbean region to include The Bahamas, Puerto Rico, and the U.S. Virgin Islands. The commander of USNORTHCOM is responsible for theater security cooperation with Canada, Mexico, and The Bahamas.


It shouldn't come as a shock though really, our entertainment industries have been integrated for decades now, Kids in the Hall, Michael J Fox, Terrence and Phillip


It was inevitable you will be integrated too.




posted on Jun, 10 2011 @ 12:16 AM
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reply to post by Hijaqd
 


Do you mean the F35 program, the rising costs of which even the US Congress is questioning?

www.politico.com...




“The facts regarding this program are truly troubling,” Sen. John McCain (R-Ariz.) said at a May 19 Senate Armed Services Committee hearing on the F-35 program.

Describing the $1 trillion cost of the program as “a jaw-dropping amount,” the former Navy carrier pilot said, “We need to know that the program is going to bring that number down.”


Sad to say, you're probably right. Canada will buy them because someone needs to bail out Lockheed Martin and the US is plum out of bailout money.



posted on Jun, 10 2011 @ 01:39 AM
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Originally posted by tooo many pills
But I am sorry we are dragging you guys along with us.


Many Canadians also seem to think they are being dragged into America when in actuality it’s the other way around. The American colonies are being dragged back into the Empire.

Canada is not a country it’s a Dominion and part of the British Common Wealth (Empire). King George III’s 4th great granddaughter Elizabeth II is covertly “dragging” her heavily medicated and spellbound colonists back into the Empire through the North American Security Perimeter.

edit on 10-6-2011 by soleprobe because: (no reason given)



posted on Jun, 10 2011 @ 07:18 AM
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Wow, I never believed I would say this but...

I miss Jean Chretien. Maybe he wasn't that smart but at least peace was in his priorities.



posted on Jun, 10 2011 @ 04:55 PM
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Originally posted by TheComte
reply to post by Hijaqd
 


Do you mean the F35 program, the rising costs of which even the US Congress is questioning?

www.politico.com...




“The facts regarding this program are truly troubling,” Sen. John McCain (R-Ariz.) said at a May 19 Senate Armed Services Committee hearing on the F-35 program.

Describing the $1 trillion cost of the program as “a jaw-dropping amount,” the former Navy carrier pilot said, “We need to know that the program is going to bring that number down.”


Sad to say, you're probably right. Canada will buy them because someone needs to bail out Lockheed Martin and the US is plum out of bailout money.

Worked for the Arrow. Tory's seem to like bailing out America.



posted on Jun, 10 2011 @ 09:26 PM
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Originally posted by thedeadwalkk
reply to post by Nspekta
 


its because of Stephen Harper. He's a facking IDIOT, a Canadian version of George Bush.



In what ways would you say Harper is similar to former US President GW Bush?



posted on Jun, 11 2011 @ 05:33 AM
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Originally posted by intrepid

Originally posted by Nspekta
now, the Un say's jump, and we say how high?! Pathetic really.....


And by the same token the UN says "no" and we agree. Thus we DIDN'T go in to Iraq. Pathetic? I don't think so. Moderate, the way we should and hopefully always will be.


it's only a small amount for them



posted on Jun, 11 2011 @ 08:04 AM
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I would be more on board if they would own up to the fact that Gaddafi saw weakness in his old nemesis and was working against the dollar.

Canada and the US both are both dependent on this trade standard.
Lets face it we're over there bombing the guy that dared to threaten both our economies.
I don't think the powerful globalist forces want to deal with another upstart monetary system.

It wasn't very hard to sway public sentiment against a guy with a track record like Gaddafi. He was only useful because he hated the Islamic extremists as much as the west.

Gaddafi is a relic of the past that will now be replaced by a new gov indebted to the NWO.

Canada with its corporate leaning gov has filed into the ranks of the globalists ready for the transitional period ahead.
Said 26 mil that's just an investment in our future standing.

Corporations are the new sovereign citizens of the earth the people are just means of varying importance.



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