A Tribute to Sue Park

We here at the NB Conservative would like to admit not all the great posts come from us. Here's a fine example of a wise New Brunswicker giving her two cents worth on a recent CBC story concerning Fraser Papers seeking bankruptcy protection from their creditors. Thank you Sue Park, wherever you are.

Original Article is here

"How to lose $40 million dollars in one year. By Shawn Graham."

Step 1 - Agree to save a few hundred jobs that are obviously going to be lost due to a complete meltdown in the forestry industry.

Step 2 - Give a company that has a stock in free fall a $40 million loan guarantee.

Step 3 - Tell critics they are all idiots spouting "hogwash" about priorities because no money has changed hands under the deal (for more information on belittling the public - see Jack Keir's manual "How to run a business portfolio with no business experience")

Step 4 - Wait 12 months

Step 5 - By this point the company will be bankrupt and the security you hold will be available to you. Congratulations, you are the proud owner of pulp mill machinery.

Step 6 - Unload the machinery by auction where a foreign firm buys the machinery for 2 cents on the dollar. This will provide you with a return of $800,000 on your original $40 million investment.

Step 7 - Provide new owner $800,000 forgivable loan to keep machinery in New Brunswick

Congratulations. You have now lost every penny of your $40 million dollars. In addition, you will now have a new entity that will be dependent on you and rest assured, they will at some point ask you for another $40 million so the entire process can occur all over again. While this may seem like a lot of time, money and effort to save a few hundred jobs, my Dad says it is really worth doing because his friend Frank told him so.

COMING SOON!!! - How to Lose $50 Million in One Year.

Shawn shows you how to take the failsafe strategies he's applied to the forestry sector and apply them to the NB Construction Industry!!