I have been researching this project for some time now, it stinks,I`m being polite. Lets start with a little background, Paul Taylor was at one time deputy finance minister for Gordon Campbell, it didn`t last long,Paul Taylor left and magically appeared as the CEO of ICBC....And after a few years problems showed up at ICBC, there was the infamous chop shop scandal, executives and staff getting freebies, rigged auctions, cars being bought up by ICBC insiders,all under Paul Taylors watch...And what happened next,nothing,police yawned, government yawned but in the meantime as quick as Paul Taylor came to ICBC he vanished again, and guess where Gordon Campbell`s friend showed up next?....You guessed it, with Gordon Campbell giving away rivers, giving away lucrative power buying contracts, government insiders left government to work for Plutonic power, BC Hydro executives left for Plutonic power, yes indeed, the road was paved in gold and the rush was on, and just what motivation did Paul Taylor have to leave ICBC, he was making hundreds of thousands per year,he wasn`t asked to leave, but the gold rush, the "Rigged game" was too irresistible, so magically Paul Taylor makes another appearance, this time Taylor is the CEO and wind power expert at Naikun ...Hmmm, what is really going on here?
So what is Naikun, from what I gather it`s nothing but a full scale robbery of the public purse, and the saddest part of this robbery is the fact that the Haida (In my opinion) are being used as financiers of the project, the Haida are being used to garner sympathy from the public and government, the Haida are being used to influence the BCUC(British Columbia utilities commission).
The Haida, a proud nation, government after government have stomped on the Haida, Gordon Campbell and his snake oil salesmen have taken it to a whole new level, his mean nothing recognition and reconciliation act, designed for nothing but Olympic peace and access to first nation`s resources, Gordon Campbell is bargaining in anything BUT good faith, here this Naikun wind project is nothing but an elaborate ponzi scheme.
First off, the mount Hayes wind project would cost 1/3 of the price of the Hecate Straight/Naikun wind project, a $2 billion dollar capital project,that`s alot of money, you would think Paul Taylor and Naikun have some money to put in, you would be wrong, Naikun has a mere $16 million dollars on hand, a far cry from $2billion dollars, there are no investors yet, Paul Taylor needs the Haida nation to "Borrow" $800million dollars to get the project started, Paul Taylor then needs the BCUC to grant a power buying contract for 40 years at about 5 times the current spot electrical market of today, if all those things happen then and only then will professional investors come to the table with the remaining $1.2 billion dollars.
Have I got your attention yet? I have had correspondence with "Chief Roy Jones Junior" the man is passionate about his people, passionate about his children,his grandchildren, the man cares so much for the future well being of his people that he is speaking up, $800 million dollar loan to the Haida, or should I say, $800 million to Paul Taylor in the Haida`s name, 2 1/2 decades of return on the money in the $25 million dollar per year range yet the Haida nation will be paying off this loan for well over 100 years, interest rates are low right now but they`re not going to stay low forever, no private money has come to the table for the Naikun wind project, the Haida were a last gasp stab to ram this project down the throats of BCers, and now apparently the Haida are being guzzled.
I love Haidagwaii...I love salmon, salmon juice flows through my veins, I am a white BC Native, everything that is near and dear to Chief Roy Jones is dear to me, we are brothers in spirit, that said just like corrupt whitey governments corruption and wealth is distributed unfairly in the first nation`s communities as in white communities, corruption, theft and ponzi schemes aren`t exclusive of white governments.
Lets lay out the Naikun wind project, Paul Taylor and Naikun have no money,no investors, this project is 70% more expensive to start up then a land based wind farm,Hecate straight is a mean stormy place, there will be hundreds of millions in unforseen costs in making this project happen, private money won`t come in until a lucrative guarantee is given, that lucrative guarantee starts with the Haida nation debting itself for a hundred plus years, the next part of the guarantee comes from us,the taxpayer, for Naikun wind power will have to have the most expensive power rate in all of north America to be viable, that my friends is where we BCers come in, Naikun wind power is soft power,anybody depending or buying Naikun wind power will have to have "firm power" to back it up, and if interest rates rise the Haida nation on their 100 plus year payback on $800 million dollar loan will be, to be kind "Hooped".....And the Haida, just like us BCers don`t have a voting share on BC Ferries the Haida won`t have control or the voting shares, the Haida are merely a conduit to get the ball rolling, the Haida nation come up with the front money, the "poor impoverished Haida nation" ....That will be the claim Gordon Campbell and BC Hydro will make to the BCUC over this wind project, I can hear it now..".If you don`t allow this project to go ahead with a 40 year guaranteed lucrative contract you are denying the Haida economic activity"...Yes indeed my friends, that is exactly what argument is coming from Gordon(LIAR) Campbell.
So lets dig a little deeper shall we, Paul Taylor can`t raise money, Taylor and Campbell are playing the Haida nation, the Haida deal won`t benefit the vast majority of their nation,only a few Haida insiders, the Haida have to go on the hook for $800 million, Taylor has NOTHING....Ottawa has to backstop the loan to the Haida,the Haida.despite all the cryptic press releases from Camwest news,the Haida have NO MONEY of their own, so Haida nation goes on the hook for the money, Campbell lays a guilt trip on the BCUC, we the taxpayers will be subsidizing this power to the tune of tens and tens of millions per year, the Haida won`t have a majority or the voting shares therefor they will have no control, and if interest rates rise up to 4%...5%....10%....The Haida will be one cooked goose through and through and will no doubtely have to sell their interest in the project, have you got the picture yet?
Chief Roy Jones is adamant that the Haida are being played and set up,of course the liar and lawbreaker Gordon Campbell won`t care he will be long gone, would you trust Paul Taylor?
I have some direct quotes from chief Roy Jones
"The cost per megawatt is around $5,000,000. To do the Mount Hayes project is $2,000,000 per megawatt hour, 60% less" and this quote
"They claim we would make up to $29 million per year, but when you do the math we would be faced with a $5.9 million a year debt and it would take over a 100 years to pay it out after interest,maintenance,payments and replacement." And the Chief went on to say
"No I don`t trust the BC government or the federal government of Canada. I say the pied piper is leading us into a trap, and the Haida don`t have the money to buy in, I believe the press release on August 12 & 13th were illegal as the Haida Nation did not have $240 million dollars to invest when the press release was made." -------And Chief Roy Jones Junior went on to say.......
"I`m totally for green power but not at the expense of my grandchildren`s grandchildren. The council of the Haida Nation doesn`t have the money to invest, if you looked at the shares bought up you`d probably find the Haida`s that are promoting the naikun wind farm have shares in the project"
So you see my friends, nothing is as it seems, Gordon Campbell, Paul Taylor, they are not "Shaman" they are snakeoil salesmen, I don`t trust him, chief Jones doesn`t trust him, Gordon Campbell has lied his face off ever since he became premier of BC, sold assets, BC Rail gone,BC Ferries gone, land gone, no one believes Gordon Campbell cares about first nation`s people, he certainly doesn`t care about whitey, no, Gordon Campbell cares about getting his grubby little hands on our resources,on the first nation`s resources, and in this case,it`s the Great Haida Nation`s resources, I would rather give money to the Haida for feasible projects, my tax dollars, BCers tax dollars could work for everyone, like the stupid $600 million dollar retractable roof, a project that died but was reborn through bribery to make sure the Bloc Quebecois voted for the HST in Ottawa, why do you think the retractable roof project went to a Quebec company, although, since the federal Liberals bent over and received, he didn`t even need to bribe the Quebec government, but that is how the liar Gordon Campbell works, will the BCUC sell us out for 40 years because of Campbell`s pressure, will our hydro rates triple to feed money to Campbell`s American friends, will the Haida nation be played like a fiddle, will chief Jones be safe after speaking out and telling the truth, will the madness continue, will Stephen Harper go along with the Naikun con job, tune in next week for another episode of.......
The Madman Chronicles starring Gordon Campbell and Guest starring Paul Taylor.
I would like to personally thank Chief Roy Jones Junior for all his help on this file, he is a man of principle and class..." The needs of the many out weigh the needs of the few"
And thanks to a anonymous contributer who left me the link to a story in today`s Terrace daily...The Province`s latest press release on the agreement with first nation`s was FALSE-MISLEADING-CORRUPT---FULL of FALSE INFORMATION(read it here) http://www.terracedaily.ca/show5168a/GOVERNMENT_NEWS_RELEASE_MISLEADING_AND_INACCURATE
The Straight Goods
Cheers-Eyes Wide Open