Humble Dogs

That they might see with their eyes, hear with their ears, understand with their hearts. Matthew 13:15b

Archive for the tag “value”

Worth the Price?

Tarsands Oil Exports vs BC North Coast
Which is worth more? Tarsands oil exports to China, or securing the ecology of the BC North Coast. Is it an either or situation? Can we have both?
Enbridge’s economists have calculated that building the pipeline and shipping out Alberta crude will increase the gross domestic product of Canada by $270 billion over the three decades. What is the BC North Coast worth? Can it’s value be quantified in dollars?
Enbridge admits there will be incidents, but can be limited to less than what was spilled at Valdes. Their own analysis predicts 250 kilometers of coast line contamination in the first week after a spill. “Protection of environmental, socio-economic, and cultural sensitivities will be prioritized, and response strategies will be developed to limit potential adverse effects.” NGP-FS-03-003_Emergency Preparedness and Response
The Coast Guard reports 8 incidents in the years 1999-2010 involving bulk carriers and general cargo vessels with experienced captains and certified pilots aboard along the same routes the tankers will travel. The largest of these vessels being less than half the size of mega tankers.
Fisheries and Oceans Canada has identified 15 Ecologically and Biologically Significant Areas (EBSAs) in the newly designated Pacific North Coast Integrated Management Area “… areas worthy of enhanced protection”. http://www.dfo-mpo.gc.ca/Library/329206.pdf
Another important question is; Can Canada trust China?
Are we allowing too much Chinese state controlled investment in our resources? Will there come a time when China is calling the shots? They refuse to ratify an agreement on investments to date. Their foreign policy and actions are abysmal at best.
Is the Pipeline Joint Review Panel just a political facade? Will it’s findings carry any weight in the final decision? PM Harper seems to have already endorsed the project and is about to ratify an agreement in principal while in Beijing this week.
Maybe we can nickname the project, the Panda Pipeline.
Where does the interested Canadian turn for a rational view on the Gateway Pipeline Project?

Advertisements

Get 1 FREE

Buy 1 get 1 Free

Buy 1 get 1 Free

We have all seen similar advertisements like the one on the right. A product hyped as something you can’t do without.

Buy 1 Get 1 FREE!
Just pay shipping and handling.

They are appealing to basic human senses, something for nothing.

But Wait!

There’s MORE!!

Appeals to our senses of curiosity.

It is one of the oldest marketing tricks in the book. Surprisingly, it still works. And works well.

Lately marketers, especially on TV have added a twist. Up selling 4-6 items at one low price – just pay shipping and handling. Usually around $6.00.

Sounds a fair deal.

Have your credit card ready and call 866-_____ Very often you are paying for the call. The marketer receives a percentage. Between $4 and $10.

Before you can ask what the final costs will be, they have got your phone number – placed you on their suckers list, plus you have given them your credit card number.

Now you are about to find out those shipping and handling charges have added up to $36.00, sometimes more plus the price of the item, usually $19.95 or $24.95, plus the phone call of $8.00 – $20.00 and the final result is $74.90 + tax.

Not much of a deal is it?

Here is some interesting reading: Deconstructing “Buy 1 – Get 1 FREE!”

Fairy Tale Dollars

Once upon a time, the dollar in your pocket had positive value. Money is now only a number in a database. Even the money in your bank account is a fictitious number. Roughly, only 10% of the people could cash in their accounts, bonds, pensions or securities in any given month or even year. That is why the US banks crashed a few years back and required bailouts in order to keep pension funds and savings afloat. Too many mortgages based on fictitious values went sour.

Could it happen again? Yes! The only thing different is the shift in responsibility. Now everyone owes, instead of only the richest who had the most dollar amount to lose.

Will it happen again? Yes! The debt didn’t go away, it is still there – accumulating interest, on a graduated scale. The more the debt, the higher the interest. The deeper in debt, the greater risk of collapse.

Post Navigation