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Sunday, August 06, 2006

Canadians Don't Know When 2 Fucking Quit

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Soft Wood has been up the ass of big Canadian lumber companies for years now. Funny thing is most of the big lumber companies in Canada are owned by big U.S. lumber companies. Forget I said that and let's just go on from here.

I mean what the hell is it with Canadians anyway? The International Trade Minister, David Emerson needs to get some balls. I mean who the hell sets policy. It damn sure needs to be the government and not corporations. Canadians do not want to work for anything. Canadians just want shit given to them free. Canadians are NEVER satisfied.

The deals supporters and critics agree the July 1 agreement is close to collapse because there is insufficient industry backing. That statement alone is fucked up. Who says the deal is close to going in the toilet? Sounds like the talking heads of Eastern Canada who think they run the entire country. Among the red flags raised by industry: a termination clause that can be exercised after 23 months; $500 million of the duties collected by Washington would end up with the U.S. lumber coalition; the way value added lumber exports would be taxed at the border; and so-called "running rules" that critics say take away from the trade certainty the agreement is supposed to provide.

The softwood deal envisages the return of $4 billion, or 80%, of duties collected on Canadian exports, and would see Ottawa slap on its own taxes on lumber sales. Ha! More tax. Maybe that is what is pissing off the U.S. owners of the Canadian lumber companies.

Sources within the lumber industry say they have been baffled by "mixed messages" coming from Ottawa. ***FLASH- This is something new?*** According to one insider, Canada's Ambassador in the United States, Michael Wilson, has called industry executives to find out what elements of the pact are of concern at the same time as Mr. Emerson and the Prime Minister were saying negotiations with the United States were finished.

Mr. Emerson has scheduled an Aug. 9 meeting in Toronto with lumber chief executives to save the deal. ***Time to make a new deal @ Another Pay Off*** I would tell these people to piss off. You see the best crooks are the crooks that stay paid off.

It is understood the CEOs are holding discussions of their own about trying to whittle down their list of concerns to three or four items that Ottawa could address. *** Again this sounds like more pissing and moaning for dollars.

"But can they get the list small enough and is it in an environment where changes can get done?" asked Paul Quinn, a Vancouver based forest products analyst with Salman Partners. ***Total Bullshit*** What part of a done-deal does Paul Quinn not get?

Only one company, Domtar Inc., has said publicly it would vote against the deal, as is now. ***NEWS FLASH*** CEO Phil Jones is a guy concerned with the environment. No shit. Picture good old Phil with a chain saw in one hand the other on his stock price. The only conclusion I could come to was he is full of shit. But analysts say companies could be under pressure from shareholders to accept the deal because $4 billion would be injected into company coffers. This may be particularly true of Eastern based companies, whose balance sheets are loaded with debt. Duh. Can we say that the greed of these people knows no bounds.

Folks get your shit together and try to keep your word...For once. I need to get outta here and move on.....

Lets all pop a Big Woody for the Canadian Cash Grabbing Bull Shit Business Operations. I know it gets me hard.

Damn was that made in the U.S. of A. or what?