Thursday, 13 July 2017

Financial Assassination of Society – Pelham

On Tuesday, 13 June 2017 News Alert Niagara (NAL) posted an article regarding the Tax-fighterPetrowski: They got 'im”, which brought to our attention the reasons behind the efforts of Pelham’s Mayor Dave Augustyn in his ongoing attempt to silence anyone who challenged his regime’s over-spending proclivities.

NAL was proven correct as described in the Wednesday, 14 June 2017 article Tyrannical Contempt for Citizens” where again Pelham’s Mayor Dave Augustyn did his best to thwart a Pelham Citizen from spilling the beans on Pelham’s Finances.

It gets worse! The little local News Paper ‘The Voice’ published 2 disturbing articles. The one article is under the heading: East Fonthill Process “Corrupted and again under the title: where we learn the Town’s treasurer was suddenly fired and other key staff jumping ship followed by threats to whistleblowers.

During the Niagara Regional Council 06-29-2017 we witnessed Pelham’s Mayor Dave Augustyn embarrassing himself, again, by tying up the council proceedings for over 20 Minutes in a failed attempt to prevent a 10 minute presentation regarding serious concerns of corruption.

Alarm bells are sounding predicated on the Pelham Regime’s financial conduct under the control of Mayor Augustyn and his Governing Council piling $Multi- Millions of debt each on every Man, Woman and Child in a Town of 17,000 - 6,500 Homes.

However it was Rainer Hummel’s presentation to Niagara Regional Council 06-29-2017 specifically at the 54Minute mark that compelled us to attend the July 10, 2017 Pelham Council special meeting called by Mayor Augustyn.

The 4:00 pm meeting immediately went in camera so we waited for the regular council meeting at 6:30 pm. We persevered through the entire meeting until it was adjourned .

But the last two people stayed seated in the gallery staring at Pelham’s Governing panel who were also not demonstrating action to leave. Perhaps that is the reason they finally decided to mention that the in camera meeting was in regards to Rainer Hummel’s expose` of suspicious land deals that left Pelham’s Taxpayers paying 9 times or more totaling $Millions out of the ordinary.

 It was some small comfort to see that the Whole Governing Council was aware of the situation!

Without a full and acceptable explanation of the land dealings between the Pelham Regime and the Toronto based ‘Allen Group’, News Alert Niagara will stay on this story.

Without a full and acceptable explanation News Alert Niagara will be calling for a full forensic audit into all concerned.


Friday, 7 July 2017

Pensions at Risk

Bankruptcy means there is no money for things like pensions. 

Experts offer faint hope that there is something that can be done; unions scream and shout; politicians fume and bluster but once insolvency sets in who is going to foot the bill for pensions etc.?

In the case of Sears there are 200,000 pensioners whose pensions are at risk. Sears is facing a $300Million retirement benefit shortfall. Who is going to make up this shortfall?

 But Hey! That is small potatoes when compared to provincial and federal debt.

The Ontario Liberal government has set a world record with the largest sub-sovereign debt of $300Billion and still they are digging deeper! We warned of our irrational debt crises July 2014 and still folks will only care when they are standing at the food bank!

Canadian Citizens are highly leveraged with debt to the point that increased interest rates WILL cause a potential disaster!

There is one thing that you can bet your donkey on and that is that not one of the geniuses that create the mess will ever suffer the same loss you suffer!

The time to worry about things like solvency and pensions is certainly NOT after the ‘Horse has left the barn’.

Sir Winston Churchill said that 'an appeaser is someone who feeds the crocodile hope it will eat him last'.