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09 April 2007

A humourous reminder

Sometimes it's easy to forget how many times we've heard the same old arguments from the provincial government, especially when it comes to Equalization and offshore revenues.

Like this post from last October.

Last year, Danny Williams was telling us that the O'Brien formula would cost the province cash compared to what was in place at the time.

Not compared to the Harper promise.

Compared to the status quo ante.

Turns out that wasn't true, at least if you accept Wade Locke's precis.

The status quo was worth $18 billion. The O'Brien deal was worth $24 billion.

But think about it: in 2005 we were told that Danny Williams had inked a deal which was bullet proof against changes in Equalization. He got it. He told us he got it.

Apparently not.

So when will Danny Williams be fighting Danny Williams?