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Friday November 17, 2017

November 16, 2017 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday November 17, 2017

Da Vinci painting sells for $450 million, shattering auction records

After 19 minutes of dueling, with four bidders on the telephone and one in the room, Leonardo da Vinci’s “Salvator Mundi” sold Wednesday night for $450.3 million U.S., or $575 million Canadian, with fees, shattering the high for any work of art sold at auction. It far surpassed Picasso’s “Women of Algiers,” which fetched $179.4 million (U.S.) at Christie’s in May 2015.

August 25, 2012

The buyer was not immediately disclosed.

There were gasps throughout the sale, as the bids climbed by 10s up to $225 million, then by 5s up to $260 million, then by 2s. As the bidding slowed, and a buyer pondered the next multimillion-dollar increment, Jussi Pylkkanen, the auctioneer, said, “It’s a historic moment: We’ll wait.”

There were two big jumps toward the end to shake off the competition by Alex Rotter, Christie’s chairman of postwar and contemporary art for the Americas, who represented a buyer on the phone.

The price is all the more remarkable at a time when the old masters market is contracting, because of limited supply and collectors’ penchant for contemporary art.

And to critics, the astronomical sale attests to something else — the degree to which salesmanship has come to drive and dominate the conversation about art and its value. Some art experts pointed to the painting’s damaged condition and its questionable authenticity. (Source: Toronto Star) 

 

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Posted in: International Tagged: alms, art, auction, charity, Christ, davinci, indulgence, Jesus, wealth

Friday June 18, 2010

June 18, 2010 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator - Friday June 18, 2010 G8 funds flood Clement's riding: Liberals The Opposition Liberals are accusing the Conservative governmentÊof blowing $50 million of G8 summit-related spending in IndustryÊMinister Tony Clement's riding in an attempt to boost his chances ofÊre-election. Industry Minister Tony Clement has been under fire for weeks in theÊHouse of Commons over federal spending in his central OntarioÊriding of Muskoka-Parry Sound ahead of the G8 summit inÊHuntsville. (Adrian Wyld/Canadian Press)Liberal MPs Mark HollandÊand Marcel Proulx presented a slideshow at a news conference onÊWednesday showing G8 legacy project sites in Clement's OntarioÊriding of Parry Sound-Muskoka. Dubbing the presentation the "Tour de Pork," the MPs said most ofÊthe money has been spent on projects that are nowhere near delegatesÊduring the one-day G8 summit and that will not be completed in timeÊfor the event. The sites flaunted by the Liberals include a $2-million streetÊimprovement project for Port Severn, 135 kilometres away from theÊsummit site in Huntsville, as well as a $700,000 main street andÊbridge improvement project in the small town of Kearney, 42Êkilometres from the summit site The minister, Holland said, needs to justify how he can say theÊprojects have anything to do with the G8, when most of them willÊnever be seen by delegates. "What has happened here is under the guise of G8," Holland toldÊreporters. "It has nothing to do with G8. They're blowing $50 millionÊto boost the electoral prospects of a minister, and we think that that isÊentirely inappropriate."Ê(Source: CBC News)Êhttp://www.cbc.ca/news/politics/g8-funds-flood-clement-s-riding-liberals-1.961407#ixzz0rD9YVzRj Canada, Conservative, Tony Clement, Muskoka, G8, Summit, Brazil, Rio, Jesus, statue, spending

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday June 18, 2010

G8 funds flood Clement’s riding: Liberals

The Opposition Liberals are accusing the Conservative government of blowing $50 million of G8 summit-related spending in Industry Minister Tony Clement’s riding in an attempt to boost his chances of re-election.

Industry Minister Tony Clement has been under fire for weeks in the House of Commons over federal spending in his central Ontario riding of Muskoka-Parry Sound ahead of the G8 summit in Huntsville.

Liberal MPs Mark Holland and Marcel Proulx presented a slideshow at a news conference on Wednesday showing G8 legacy project sites in Clement’s Ontario riding of Parry Sound-Muskoka.

Dubbing the presentation the “Tour de Pork,” the MPs said most of the money has been spent on projects that are nowhere near delegates during the one-day G8 summit and that will not be completed in time for the event.

The sites flaunted by the Liberals include a $2-million street improvement project for Port Severn, 135 kilometres away from the summit site in Huntsville, as well as a $700,000 main street and bridge improvement project in the small town of Kearney, 42 kilometres from the summit site

The minister, Holland said, needs to justify how he can say the projects have anything to do with the G8, when most of them will never be seen by delegates.

“What has happened here is under the guise of G8,” Holland told reporters. “It has nothing to do with G8. They’re blowing $50 million to boost the electoral prospects of a minister, and we think that that is entirely inappropriate.” (Source: CBC News)

 

Posted in: Canada Tagged: Brazil, Canada, Conservative, G8, Jesus, Muskoka, Rio, spending, statue, summit, Tony Clement

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This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

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