According to some reports, Gillian Anderson, left [Photo: gilliananderson.ws] has bowed out of the deal.
Her replacement?
Julianne Moore, right.
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The real political division in society is between authoritarians and libertarians.
With all three oilfields now operational and the labour disputes at Voisey’s Bay in the past, we expect the province to post above-average growth of 4% this year. Beyond 2007, growth will be much weaker as dwindling oil production and a decline in capital spending — led by a retreat in private investment — drag growth to a 1.5% pace in 2008. The weakness in construction markets is expected to span both non-residential and housing markets. Newfoundland is the only province reporting a decline in overall 2007 capital spending intentions. Broadbased weakness in housing markets has also emerged with several indicators down this year compared to year ago levels.
Unlike last year, this year’s federal budget will have little effect on Newfoundland other than a new transfer funding formula that requires provinces to include 50% of resource revenues in the equalization formula. But, since the Offshore Accord shields offshore resource wealth in Nova Scotia and Newfoundland from clawbacks, they now both have the option of sticking with the existing system until the accord expires or opting into the new formula.
The only way to deal with a bully is to confront him.
"It's not poppycock. It's fact," he said of the much-maligned subsea route.Well, sort of.
MacDonald said there are examples "all over the world" of more power being transmitted over longer distances under the sea.
He said it may cost more to build, but the people of this province will reap the rewards in the end.
"The cost is such a damn good cost to not have to depend on anybody. To maybe pay a little more to build it, but when you sell it, we don't have to pay a toll charge on the way," he said.
"I'm mad as a Newfoundlander and Labradorian about what's gone on here. There may be a price to pay in the short term, but we have to draw a line in the sand," MacDonald said.There's also no surprise that MacDonald couldn't put a value on the price. His boss hasn't been able to do it. There's no surprise also that MacDonald offers up nothing more than Danny-esque rhetoric of drawing lines in sand and getting ready for "war". Danny Williams' latest war may be justified, however, as with every other war he has raged, Williams has been unwilling or unable to provide any substantive evidence to back his ire.
"Why is it when Newfoundland and Labrador asks for it, it's something that we don't deserve or it's something we shouldn't get? Well, it's so important that we don't roll over on it."Fortunately for us, his other remarks on this point were carried by CBC radio's On the go. MacDonald referred to Alberta's oil royalty regime. No one has opposed that since the 1985 Atlantic Accord. Newfoundland and Labrador today is in exactly the same position with respect to oil and gas royalties as any province in the country. In some respects, for example in comparison to the tar sands, our existing royalty regime is infinitely better than the Alberta regime.
Their deep insecurity and old fears force them to shut the doors and barricade the frontiers. They attempt to drag us along in their withdrawal by giving their misadventure the allure of a crusade, as if rage could be known as courage and bitterness could replace spunk.
John F. Kennedy said: "Ask not what your country can do for you but what you can do for your country."
I say to Newfoundlanders and Labradorians: "Ask not what we can do for our country, because we have done enough. Let's ask our country what they can do for us."