Fort Knox Guarded by a Chihuahua
The title refers to language about oil-rich Canada that a US investment service, called Daily Reckoning, used in a provocative newsletter article. It said Canada owes us (their) oil. “Without our protection, (the country) is the natural resources equivalent of Fort Knox guarded by a ‘No Trespassing’ sign and a Chihuahua” because our military protects our northern neighbor. That’s likely news to most Canadians for a country with no enemies. Canada, however, is extremely oil-rich, and counting its huge amount of hard to refine tar sands oil ranks second in the world in total reserves.
In her newest book, “Holding the Bully’s Coat,” McQuaig explains her nation is currently the US’s leading energy supplier. Canada’s importance will grow ahead as it plans to triple its oil sands production by 2015 to three million barrels daily, earmarking most of it for US markets. It’s part of a secretly launched 2005 scheme called the Security and Prosperity Partnership of North America (SPP) or North American Union.
It’s a tri-national agreement hatched below the radar, controlled by Washington, and advocates greater economic, political, social, and security integration between the US (as boss), Canada and Mexico. In fact, it’s an ugly corporate-led plot against the sovereignty of three nations for greater profits, enforced by a common hard line security strategy already in play in each country. It’s goal is a borderless North America under US control without barriers to trade and capital flows for corporate giants, mainly US ones.
It’s also to insure America gets free and unlimited access to Canadian and Mexican resources, mainly oil, but Canadian water, too. That will assure US energy security while denying Canada and Mexico preferential access to their own resources henceforth earmarked for US markets. The scheme amounts to NAFTA on steroids combined with Pox Americana homeland security enforcement partnered with Canadian and Mexican contingents. It adds up to the worst of all possible worlds headed for an unmasked “deeply integrated” police state.
Canada is also currently hamstrung by a provision it agreed to in ratifying NAFTA in 1993. It gave up the right to reduce its US energy exports (should it need more of them) unless it cuts its own consumption by a comparable amount. Oil-rich Mexico, in contrast, agreed to no such provision and got an exemption Canada lacks. Canada has a loophole, though, SPP provisions will close if enacted. read more