Us "rich pricks" of course.
funny the spin on things. Labour will save us a massive $1 a day but it only costs a low $1 a day to feed the starving.
I think the worst part is if they do get in and they do implement this what state will the SOE be in ten years.
I just keep having flash backs of Kiwirail.
THat's a way too apathetic response ... you can make a difference in the world .. we can make it that way ..
Sort of .. Electricity is a public good (a bit like water - but man-made. WE are so reliant on it now it has become a public good) ... and it needs to be treated as such and not as a profit-making commodity ..
The $6 a week does not sound like much - unless you live on the pension Unemployment benefit - and then it is 3.5% of your income (the saving that is) ... and for a pensioner it is 1.5% of their income .. on my salary it is 0.6 percent ... so it's fuck all for the workers and a lot more for the unemployed and pensioners
Can't be any worse than Solid Energy under a National-led Government ...
And remember that it was the Labour Government of the 1980s that started the deregulation and privatisation of the electricity industry ... you all have short memories .. why is the rightwing so afraid of Labour when Roger Douglas and Co proved they could out neo-liberal the neo-liberals ???
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
It was the last Labour/Green MMP government that caused the massive increases in electricity prices.
The size of the government holding through it's SOE's was grown by the deregulation of electricity and absorption of local power board retail infrastructure and markets into them to create the electricity competitive market as we have today.
Labour/Green came into power and saw what a large cash cow it now had and stopped the break up and sale of the soe's and milked it for all it was worth!
There was no effective competition because the (Labour) government owned five of the major electricity generators, distributors and retailers, a far larger share than they had before deregulation of the electricity industry!
Now Labour/Greens want to totally nationalise the industry to lower the price of electricity to it's customers/taxpayers read "voters" because they have run out of ideas and have nothing else to temp the electorate with! ... Yeah right!
Good heavens! I find myself agreeing with you!
This is the most wonton piece of destructive and stupid vote buying since Muldoon’s first home buyers mortgage rebate. Notwithstanding the effect on the Mighty River Power float, this has caused a sharp decline in the share value of other listed power generators/suppliers. This will be reflected in a slump in Kiwi Saver accounts for all.
Brian Gaynor estimated that the damage (to the value of MRP and other listed companies) runs to $500m.
I didn't think!!! I experimented!!!
No ... lower electricity prices is the public good ... (and then maybe some people can save for their retirement instead of dipping into the safety net called Benefits .. $6 a week = $36 a month ... will soon mount up)
Oh yeah .. and just maybe some of the companies that the retirement savings are invested in will make a bigger profit because they will be paying less for electricity ... therefore reducing their costs ... increasing their profits .. thereby increasing the share dividend and the share price ... is it possible that such a senario will offset the negative senario being pushed by the right wing scaremongers ... Increased dividend/price in some comapnies offsettign the drop in share price/dividend of the electricty companies .. and the effects will cancel out each other ???
So retirement savings will not be decreased .. and because of a higher profit/higher dividend may actually be increased???
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
Actually, some of us with money in kiwi saver and with less than 10 years to the magic 65 years old may well give a fuck ... (but not enough for me to change my vote .. I'll take the risk .. I reckon it wil be offset by higher profits/higher dividends in other companies ...)
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
And you expect all this to be delivered by a Labour /Green etc government? ... Yeah, right! ... Like they did over their last nine year reign!
Dream on mate, dream on! I have seen a lot of Labour governments in my time and the only significant thing they ever achieved was daylight saving!![]()
If you think a Labour/Green Govt can agree long enough to come up with electricity savings in the face of the emissions tax that they will also impose...good luck..
Actually on that subject, our supplier gives a rebate every year based on it being community owned...of approx. $300.
So I guess when the Stalinist model is imposed, that rebate will go.
Hmm .. let me see
Labour started the oprivatisation of state-owned assets
Labour introduced the free market policies ...
Labour took over a country with large debt and reduced it ...
Right now our economy is deeply in the shti and we have a National Goernment (Yeah .. and you will all pull out the bullshit that it is international markets' fault ...)
It's starting to sound like Merika .. where the Democrats took over a country and put it trillions and trillions of dollars in surplus .. then the Repblicans under Geo W came in .. and the country wound up trillions and trillions of dollars in debt .. which they are still trying to dig there way out of ...
But the right still say that the left (Labour in Godzone and the Democrats in Merika) wil be bad for the economy ..
Since when ???
"So if you meet me, have some sympathy, have some courtesy, have some taste ..."
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