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Electricity - Are They Better Off $550 A Year (Read 2083 times)

Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Electricity - Are They Better Off $550 A Year Reply #15 - Oct 14^th, 2014 at 12:06am Much as I would like to debate this subject all afternoon, I am afraid I have a 2015 Plan to try and refine (with your friggen country causing me the most headaches right now...) I'll park this discussion for another day.
Back to top	Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde IP Logged

Grappler Deep State Feller

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Re: Electricity - Are They Better Off $550 A Year
Reply #16 - Oct 14^th, 2014 at 4:56am

Did-ums?

As usual - not one shred of proof to offer, and the usualwhining about Australia, just a few of the same old worn-out phrases reciting someone's myth that it works best when your self-confessed offshore rip-off company with all the rorts makes more money for less work and spends an inordinate amount on flunkeys to guide it through its rip-offs, and that somehow is more efficient.

Efficient to who? YOU?

If it's so hard, perhaps you could recommend that your organisation leave our shores and never return. I can assure you it will only get harder in coming years.

I await your return with something more than rhetoric - and until then let me add this unsubstantiated comment:-

Like certain other ideologies, the day of the fantasy that 'privatisation is more efficient' is well and truly gone. Get used to it.

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Grappler Deep State Feller

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Re: Electricity - Are They Better Off $550 A Year
Reply #17 - Oct 14^th, 2014 at 5:08am

Andrei.Hicks wrote on Oct 14^th, 2014 at 12:05am:

British Airways is a classic case of a company that benefited from moving from the public to the private sector.

Seriously? Like QANTAS, huh?

Let's try Australia, Andrei, unless it gives you too much of a headache. I believe that for some time to come our best interests are served in looking after ourselves first.

Indeed - it is that desperate in reality. I

http://www.bbc.com/news/10135112

Turned around 180 deg in four years, huh? **waits for Andrei von Munchausen to fall into the trap......**

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Stratos

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Re: Electricity - Are They Better Off $550 A Year
Reply #18 - Oct 14^th, 2014 at 7:52am

Stratos wrote on Oct 13^th, 2014 at 11:55pm:

Give us some good examples of Australian privatisation following that pattern Andrei

Andrei.Hicks wrote on Oct 14^th, 2014 at 12:05am:

British Airways is a classic case of a company that benefited from moving from the public to the private sector.

Swing and a miss.

Pete Waldo wrote on Jan 15^th, 2014 at 11:24pm:

Thus killing those Canaanite babies while they were still innocent, was a particularly merciful act

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John Smith

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Re: Electricity - Are They Better Off $550 A Year
Reply #19 - Oct 14^th, 2014 at 8:04am

Andrei.Hicks wrote on Oct 14^th, 2014 at 12:06am:

Much as I would like to debate this subject all afternoon, I am afraid I have a 2015 Plan to try and refine (with your friggen country causing me the most headaches right now...)

I'll park this discussion for another day.

'Your' country? I thought you were an Aussie Cheesy

Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Grappler Deep State Feller

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Re: Electricity - Are They Better Off $550 A Year
Reply #20 - Oct 14^th, 2014 at 9:05am

I have raised the BA annual report 2013.. some interesting points emerge..............

Ah fought them wiv dual cit'znship wuz jest ez goo' a Aussie as 'ey wuz a Pom er a Gyppo... jush goes ta show, eh, Guv? They's Aussies when vey can rip us orf, but' it's on'y schkin deep!

"your friggin country"....

Lessee now - without this friggin country Fracking Artists International would go friggin broke.... love it or leave it....

Investment created FOR Australia - Sweet Fanny Adams - since it is all off-shored back to Fracking's HQ....

Joe Blorgs the retired miner from Devon invests his $500,000 nest egg in FAI......(LMAO - Joe from Devon would never see that much in his life, especially after Thatcher got finished with him and offered him unemployment while calling him a slacker)..... they return him a princely 5% annually.... wow - that's good at the moment, eh?

Joe cops $25,00 a year pre-tax from his investment.

Meanwhile, FAI pays its (LMAO) 'ceo' and 'board members' fifty times that...... and pays flunkeys paid to sort out the best rip-off path for dealing with countries invested in ten times that....

Who's the fool here?

Investment my arse - about all Australia gets from being fracked over is royalties to States with as much idea of fiscal management as the Federal government has..... NIL!

Shareholders? Just useful dollars to spend on excessive salaries and perks for some. Same old...

http://gofossilfree.org/7-reasons-to-sell-coal-oil-and-gas-stocks/

« Last Edit: Oct 14^th, 2014 at 9:10am by Grappler Deep State Feller »

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Bam

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Re: Electricity - Are They Better Off $550 A Year
Reply #21 - Oct 14^th, 2014 at 10:02am

Andrei.Hicks wrote on Oct 13^th, 2014 at 11:51pm:

Privatised companies running at no profit are about as useful as the proverbial chocolate teapot.

Depends on what is privatised. A company like Commonwealth Bank or retail Telstra running at a profit is fine. Privatised infrastructure constructed under the PPP model isn't. A strong case can be made for not-for-profit infrastructure like a toll road, making money for the sole purpose of paying off the debt, then when the debt is paid out the company transfers assets to the government. Anything after that is just pure greed.

Quote:

The point of privatisation is that they gain investment from the markets and from investors, subject to them running the business efficiently and turning a profit.

Privatised companies are so much better run than nationalised ones because of the need to keep a control on costs.

They need to be efficient, they need to be streamlined, they need a rationalised headcount structure and they need tyo eradicate waste.

Not always true. If the privatised company has some form of monopoly, they have no strong downward pressure on costs so they can just hike their prices. If it's a monopoly cash cow, like a toll road to an airport with a contractually guaranteed prohibition on the construction of competing infrastructure for 30 years, there is not any pressure to keep costs down at all. Citylink in Melbourne is an example of this - $20 billion in revenue over 30 years for $3 billion in outlay. This sort of greed is obscene.

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Grappler Deep State Feller

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Re: Electricity - Are They Better Off $550 A Year
Reply #22 - Oct 14^th, 2014 at 10:09am

I will also add this - on the subject of 'nationalised' organisations 'not spending their money'....

Neither the hell do privatised companies - they use investors like Joe Blorgs above, and reap a nice little earner for using Joe's money and giving him back enough to keep him happy.

NO company 'spends its own money' - they spend investor's money - little care taken and no real responsibility. If the company goes bust the ceo and his mate walks with a mint, they've already had their mint anyway, and the investors lose out.

The whole deal is just another giant rip-off to fund the bosses and their mates in handsome style regardless of outcomes.

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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