“Follow the money” starts at about the 4:10 minute marker in this 5 minute video (bottom of this posting).
Canadian banks have $107 billion in loans and commitments for the Tar Sands and the Pipeline Expansion. The first four minutes set out the markets for the product.
If there is any doubt about the data in the video, please get back to me.
By the late 2000s Stanford Financial Group had grown into an empire with over 21,000 clients throughout the U.S. and South America.
When it collapsed in 2009, over $7 billion in investments disappeared in what one U.S. judge would call “one of the most egregious criminal frauds ever presented to a trial jury in federal court.”
To pull off that massive scam, Stanford needed help and he found it in the most unlikely of places – the Toronto Dominion Bank in Canada.
Video by Action in Time. The Trans Mountain pipeline expansion plan is doomed. In the words of Mitchell Anderson, “No amount of cheerleading, or demonizing or pixie dust will change the raw laws of global oil economics. Devised in days of high prices, the expansion of the Trans Mountain pipeline is obsolete.”