Rich Coleman Is A Habitual Liar, He Lied To International Energy Reporters-Another LNG Story

Another bold Straight Goods headline....Many of you wonder how this site and me personally hasn`t had our asses sued off for making these statements, the reason is very simple, when you tell the truth those who you insult, those who you call liars have no recourse, all they can do is slither back under the rock from where they came...

Maybe you remember this, back in June of this year, the year 2013 the BC Taxpayers Federation created a British Columbia debt clock, at that time in June(5 months ago) the B.C. debt stood at over $57 billion dollars, that debt of course does not count BC Hydro`s $6 billion in deferred debt, that doesn`t include 10`s of $billions more in guaranteed energy buying contracts from IPP`s..That debt total doesn`t include BC Ferries $1.6 billion dollar debt, it doesn`t include the Port Mann bridge debt, doesn`t include PPP3 debt for hospitals, there is so much excluded from the BC Taxpayers Federation debt clock..

Yet even with all those exclusions their estimate of debt was over $57 billion dollars and rising to $69 billion by 2016..

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Rachel Bergen, CTV British Columbia
Published Wednesday, June 26, 2013 3:43PM PDT

 

British Columbia’s government debt totals more than $57-billion and is growing by $209 every second, according to the advocacy group the Canadian Taxpayers Federation

"B.C. may be better off debt-wise than some other provinces, but the debt is growing by $18-million per day, the CTF calculated.

In the provincial election just one month ago, Premier Christy Clark campaigned on the slogan “debt-free B.C.”

“But the bottom line here is we’re still adding debt,” Bateman said.
According to CTF calculations, by 2016, it could reach $69-billion.

Bateman hopes the clock will get people to encourage their MLAs and the newly re-elected premier to be serious about debt reduction and to stop the clock.

The clock will make an appearance in Kelowna, where Clark is campaigning for a seat in the legislature in a July byelection."

Read more: http://bc.ctvnews.ca/b-c-s-debt-clock-at-57-billion-and-growing-1.1343302#ixzz2lV8iRuLP

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Yet even the Canadain Taxpayers Federation`s debt numbers calculations are extremely low, Damien Gillis and Rafe Mair on video make it clear that British Columbia`s true debt stands at over $170 billion dollars, that makes B.C. the biggest debter province by percentage by far..

How Liberal Government is Bankrupting BC Hydro, Province

Click the below link, Damien Gillis explains BC`s real debt

 http://www.youtube.com/watch?v=FtJimgNPdE8

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 Socred Cabinet Minster Rafe Mair tells it like it is in this powerhouse speech on April 24 in Merritt, at the outset of the BC election campaign. Mair minces no words, zeroing in on the BC Liberals’ real economic record, which stands in stark contrast to the one being presented by Christy Clark throughout her campaign.

. “Christy Clark has on the side of her bus, ‘Debt Free BC’. We owe $171 Billion dollars! Since the Liberals came to power, our per capita share of debt has gone from a little over $5,000 to $40,000 – every man, woman and child…

Ask the folks in Greece or in Cyrpus or in Italy what happens when the day of reckoning comes. And the day of reckoning is going to come with this.”

http://commonsensecanadian.ca/rafe-mair-video-liberals-bankrupting-bc-with-171-billion-debt-legacy/

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Ok, I believe Rafe`s numbers are correct, however, I am the first to concede that there are differences of opinion as to what the real debt tally is, however, there is no debate that BC`s debt is no less than $58 billion dollars, and that`s not counting crown corporation debt....To be clear..

What, you don`t believe, Rafe Mair, Damien Gillis, Jordn Bateman, how about Bob Mackin.

Read his tally on our debt.

http://thetyee.ca/Blogs/TheHook/2013/11/25/Clark-Fiscal-Lecture/

Premier Clark lectures Americans on fiscal responsibility

By Bob Mackin
Published November 25, 2013 03:55 pm |  4 Comments

   

On the third day of the United States government shutdown, Premier Christy Clark was in Washington, D.C. where her speech to a prominent think tank said: "You can't spend more than you take in; B.C. has been a leader on that front."

Clark's Oct. 3 speech at the Wilson Center's Canada-U.S. Forum on Public-Private Partnerships boasted a balanced British Columbia budget in 2013-2014 and a $446 million surplus by 2015-2016, but it included no mention of the province's $62.5 billion debt forecast for this fiscal year.

- See more at: http://thetyee.ca/Blogs/TheHook/2013/11/25/Clark-Fiscal-Lecture/#sthash.IAOQIQP4.dpuf

 What if I told you that on November 19th/2013..a mere few days ago Rich Coleman was asked that question at an LNG/energy conference by energy/LNG reporters...

Rich Coleman was asked this direct question, and I quote..

"Do you know what the B.C. provincial debt is now, off the top of your head?"

And Rich Coleman answered that question thusly, and I quote..(November 19th/2013)

"Our provincial debt would be around $40 billion, that would be all our sectors, you know, things like schools, hospitals, and our crown corporations and Government itself".....Rich Colemam November 19th/2013

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This LNG update and press conference featured no questions from Vaughn Palmer, Michael Smyth, Sean Leslie, no questions from Global news or CKNW, these were energy questions from voices I hadn`t heard before....These were international energy file reporters, and Rich Coleman lied his face off to them..

Rich Coleman was asked a question about how much we are receiving in natural gas royalties, he lied about that too.. Rich Coleman said "we receive on average $400 to $600 million"...Yet we received less than $200 million in the last reported year(actual number, $157 million) and records show that the next fiscal year after tax exemptions and credits British Columbia will receive $13 million dollars in natural gas royalties!..

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In September, when the BC government tabled its First Quarterly Report on the BC Budget the big story was on plummeting natural gas royalties, which means cuts to public services in order to keep the budget balance in check. As the update states on page 6:

The deterioration in natural gas royalty revenue is the main issue that needs to be managed in order to balance the budget. … Government will need to adopt revenue and/or expense measures as part of its management strategy. … Immediate measures include a freeze on hiring across the BC Public Service and a salary freeze for all public sector excluded management staff, including those in Crown corporations and the SUCH sector (schools, universities, colleges and health organizations).

This highlights the folly of relying on natural resource royalties to fund core services like health care and education. For the 2012/13 year, expected natural gas royalties are a mere $157 million, 0.3% of Budget revenues, and way down from the heady days of 2005/06 when gas royalties brought in a record $1.9 billion to the Treasury.

 This shortfall comes even as BC experiences way higher production levels — in 2011, a record high total of 41.4 billion cubic metres, one-third higher than 31.9 billion in 2005 (current data here and historical data here). Production in 2012 looks to land in the same territory as 2011 based on year-to-date estimates.

 http://www.policynote.ca/bc-is-giving-away-its-natural-gas/

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Do you see that above, even though natural gas production in British Columbia is at all-time highs, revenues from this sector are at all-time lows...Rich Coleman is a liar, a bold faced, bald-faced liar, on the international stage when asked by reporters questions on debt, on royalties Rich Coleman lied his face off, and no media at the Vancouver Sun..At Global BC..at CKNW..at CTV bothered to report any of this..

Not a word from Keith Baldrey, he`s too busy counting his Twitter followers, Vaughn Palmer as Norman Farrell clearly points out is too busy lying on the BC Ferry file..

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 "I know the BC Liberals are little sensitive about this inequality. I know because they had Sun writer Vaughn Palmer tweeting out talking points that are supposed to provide justification. It's just a little unfortunate the pundit didn't do his own research because the tweets fell below his usual standard for accuracy. Examples:"

 

http://northerninsights.blogspot.ca/2013/11/without-fairness-for-all.html

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Michael Smyth, nothing on Coleman`s lies, Palmer is silent, CKNW mute, Global BC`s lips, sealed, Bill Good covered with mustard and ketchup stains...

Les Leyne zippo, Sean Leslie not a whisper..Tom Fletcher playing golf..Black press missing in action..

The Straight Goods blog and Grant G.....Doing the job the mainstream media once did...

You can hear Rich Coleman`s lies on audio hear....Rich Coleman`s blatant and painfully obvious lies on our provincial debt come just after the 17 minute mark of the audio..

https://soundcloud.com/bcgov/minister-coleman-lng-update

BC Government News ‏@BCGovNews 20 Nov

AUDIO: Update on progress of #LNGinBC from Min. Rich Coleman: http://ow.ly/r1oEL  @colemancountry @BCJobsPLan

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Rich Coleman was also asked ...He was also asked about how will Alberta and Saskatchewan get paid their share of taxes from natural gas ..because those provinces have ambitions of selling LNG through British Columbia too..Rich Coleman bafflegabs that question too..

Rich Coleman is no rookie, he is aware of crown debt, he has the BC Hydro file, Coleman has had his fingers in every file, he is also deputy premier, so here we have the second(first) in command of British Columbia and he lies his face off.....Lies his face off with the ease of a used car salesman.

However.....Rich Coleman is the lead dog, the minister in charge of LNG, a brand new created ministry, the ministry of natural gas and this cabinet minister and deputy premier has been caught red-handed lying to international energy reporters...If Rich Coleman can lie with that much ease with them, how can we believe anything from Rich Coleman or the BC Government on the LNG file..

The Straight Goods

Cheers Ears Wide Open