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The Alberta Conservatives today announced we would loose a billion dollars from the Heritage and Trust fund because of the economic climate.
Such Crap! An example of misplaced trust!
16,000,000,000 dollars divided by 3,290,000 Albertans is 4863.00 each!
This is after 30 years of pouring millions and billions into it!
This Government has robbed the Heritage Trust fund of 90% of its profit using those profits from the investments in their General Revenue disbursements.
In effect our Heritage and Savings Trust Fund has not only been robbed blind but the misappropriated funds have been used to reduce royalty rates on the tar sands! A double hit for Albertans!
Why Albertans persist in backing this crew is beyond me! Is it a religious; cult relationship? Or, more than likely Albertans are just poorly informed and stupid.
Calgary's news is right wing to extreme and they fail to put forward a balanced picture and refuse to do any meaningful research into their subjects. To this end I will offer up details of the news of interest to Calgary and Southern Alberta.
