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What is the CWB???

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  • TOM4CWB
    Senior Member
    • Dec 2000
    • 16511
    #1

    What is the CWB???

    Just thinking Fransisco et al...

    TalkingEskimo I know...

    We are looking for innovative expressions of what you believe the CWB is to your farm!

    Keep the language CLEAN... please!

    Eg.
    "Controlled by western Canadian Pirates, the CWB is the largest wheat and barley slave trade marketer in the world. As one of Canada's biggest rip off scheeme, the Winnipeg-based organization steals grain and pawns it off to over 70 countries and returns as little of the sales revenue, with as much 'single desk' marketing costs included as possible, to farmers. The CWB now owns 2 ships... bought without the slave farmers permission... to increase the liability of those who seek to leave this immoral slavery production system."!
    Tags: None
    • checking
      Senior Member
      • Feb 2008
      • 2394
      #2
      A boat anchor comes to mind.

      They need not order this for one of their Chinese lakers. Just come and pick it up at the farm.

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511
          #3
          Checking...

          Briliant!

          A wheat woven Boat Anchour... with 'TalkingEskimo' under it...

          The intangeble benefits of the CWB!!!

          By the way... those hopper cars we CWB farmers own... does anyone know how much interest we pay to the CWB each year... plus the the outstanding loan we owe on them? How many do we have.... at what cost???

          I see we owe, $1.8 billion Page 70 CWB annual report...

          "Net borrowings were $1.8 billion at the close of 2009-10,
          unchanged from $1.8 billion at the 2008-09 year-end."

            Comment

            • TOM4CWB
              Senior Member
              • Dec 2000
              • 16511
              #4
              Checking,

              Page 86; "The Corporation does not have any goodwill assets."

              This must be the biggest corporation in Canada... that would have its 'Annual Report' state this fact so bluntly.

                Comment

                • TOM4CWB
                  Senior Member
                  • Dec 2000
                  • 16511
                  #5
                  Speaking of 'Intangible Benefits'...

                  $136,061,000.00 has been spent on Computer and software development... with a declared book value of $88,583,000.00. [Page 94.]

                  Wow... no wonder why CWB managers think the ships are such a good deal!!!

                  If the CWB were disbanded tomorrow... this would be worth... $1?

                  TalkingEskimo again...

                    Comment

                    • TOM4CWB
                      Senior Member
                      • Dec 2000
                      • 16511
                      #6
                      Ahhhhhhhhhhh... now I get it...

                      13. Borrowings
                      The Corporation issues debt in world capital markets. The Corporation’s borrowings are undertaken with the approval of the Minister of Finance."
                      [Page94]

                      Now we know why the CWB didn't borrow the money from the government of Canada... at ZERO percent... to buy the ships!

                      Because they could not get permission... so the ship money had to come out of the pool accounts!!!

                        Comment

                        • Koldkanuck
                          Senior Member
                          • Nov 2008
                          • 227
                          #7
                          The CWB......were the big print giveth and the small print takith away.

                            Comment

                            • dalek
                              Senior Member
                              • Oct 2000
                              • 1553
                              #8
                              Irrelevant.

                                Comment

                                • TOM4CWB
                                  Senior Member
                                  • Dec 2000
                                  • 16511
                                  #9
                                  dalek,

                                  The CWB owes $1.8 billion net debt.

                                  You own the CWB. Doesn't this bother you just a little?

                                    Comment

                                    • dalek
                                      Senior Member
                                      • Oct 2000
                                      • 1553
                                      #10
                                      Tom you asked what the CWB is to my farm. It's completely irrelevant to my farm.

                                      As a taxpayer, it's up there with welfare fraud, doctor shopping hypochondriacs, and arts grants........

                                        Comment

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