Anyone with half a functioning brain cell (which is half a functioning brain cell more than the Milipede) knows that Ed Miliband is an economically illiterate fuckwit posturing in an attempt at populism by whipping up the masses against what he hopes will be a convenient scapegoat for his complete lack of ability, talent, personality or intelligence – in fact, complete lack of anything, frankly.
Neil Woodford, the head of equities at Invesco Perpetual and one of the UK’s most influential fund managers, said that Labour plans for a price cap on energy bills would damage the investment case for the UK and block the billions of pounds of new money the Government admits it needs.
“Here we have a serious politician, standing up and saying what he said which I think at a stroke torpedoed any chance that any of that investment will happen between now and the next election,” Mr Woodford said.
“If Centrica and SSE cannot make any money supplying electricity to the retail market then they won’t supply it. The lights will go off, the economy will shut down.
When I heard the idiot Miliband’s remarks, my reaction was precisely the same as Woodford’s.
Sure, energy ain’t cheap and it isn’t going to get any cheaper any time soon and the more we waste on idiotic windfarms, the more likely the lights will go out anyway.
Ultimately, though, these companies are in business to make a profit – it’s why we all work in the first place. It is not the place of half-witted politicians to decide how much profit an organisation may make nor to decide what price they may charge.
The really worrying thing here is that this congenital idiot has a high probability of winning the next election. Jeebus, but what a state of affairs. And when you look at the field, there isn’t exactly much else on offer. What have we come to?
This morning we took delivery of 1000 litres of domestic heating oil. It cost just under £600. It has cost about £600 for the last 5 years. There are a lot of porkies being told.
Well I do find that a surprise, over here in La belle France our fuel oil bill goes up every year, 1000 litres keeps our small and very well insulated home at 26 degrees c for 6 months but at 98 centimes a liter that works out at 825 sterling, bloody hell! it’s not just washing* machines that are cheaper in the U.K.
* just about every other hard consumable as well…….
Having only recently moved to a property with gas, and having spent the previous eight years in oil heated properties, I can assure everyone reading this comment he can’t possibly be on oil.
Eight years ago I was paying just over 20p a litre my last oil bill in Dec 2012 the price was 67p a litre and it has been higher, i have just found the first bill for the last property for oil purchased in 2006 27.5 p ltr ?
I still think nuking the existing cosy cartel of utility companies is a good idea though, even though Millipeded is a total muppet.
Two points.
1 We have had a property in France since 2004 when electricity from EDF cost 0.0765 euros per kWh. Today it costs 0.0856 euros per kWh – i.e an increase of 11% over 9 years.
2 The are UK power supply companies offering to fix prices for three years, i.e. until mid / late 2016
So why is Ed’s idea so preposterous?
Because it is none of his business.
Millipede’s sire is reported by some** to have been a “Marxist intellectual” – an oxymoron if ever there was one.
Like all lefties, they can’t avoid the idea that the state must know all, do all and control all.
This is despite the many years’ experience that invariably prove that it doesn’t work.
**These are usually those who virtually canonised the late unlamented Hobsbawm – an evil mendacious nasty piece of work.
Anyone with an iota of intellect understands that socialism is a failed ideology.
Er ..
“Scoialsim” is a political system, with a few good points .. like really not crapping on the poor & giving them a fair chance.
BUT
Marxism is a RELIGION .. & as false, lying & murderous as all the other religions.
The two had common origins, back in the mid-C19th, but split about 1880 … with the former seeing that there were moves being made by those in charge to ameliorate the conditions of work & living of the worst-off .. so they decided to work inside the system, for (as they saw it) everyone’s good, rather than trying to construct a utopia, by the usual method of piling up the bodies.
That difference is very important, please bear it in mind.
“…“Scoialsim” is a political system, with a few good points .. like really not crapping on the poor & giving them a fair chance…”
…and some very bad points, like giving the state free licence to help themselves to anyone’s hard-earned, to benevolently hand out largesse at their own discretion (meaning to their own supporters to buy votes).
All political system are essentially religions. The state and the church are two sides of the same coin.
Both want your money and for you to do what you’re told. The state threatens you with violence, the church with hell. And for centuries they worked together, the church helping provide propaganda and legitimizing the state.
But they both sell pure bullshit and the world would be a better place without either.
I watched Ed’s party address on the news yesterday and nearly vomited in hysterical laughter, it was not just his pathetic attempts to look powerful and in charge, but the various expressions of the party faithful, clustered around him smiling and nodding inanely like a large group of pussy zits about to explode their poisonous contents all over the nearest bystander.
I found his attempts to be stirring, bland ineffectual and only a little better than Gordon Brown;s flock off smile.
I reckon milibandie had some drama coaching in the run up to that little performance, not that it made an iotas worth of difference.
If he seriously believes we are all only worried about the fucking price of energy then he must also believe we are all as shallow as him.
According to recent reports if he has his way the energy shortages we are allegedly about to suffer will mean we will all be sat in the fucking dark, so the cost of the bloody energy will be academic then won’t it.
Personally I think it would be really funny if all the energy companies just got together and agreed to cut off all the power and gas to Ed Miliband’s snug millionaire pad in Primrose Hill – just to bloody well mess his life up.
For good measure also do it to that wanker Ed Balls and Labour Head office. Let’s see how funny they all find it. I’m sure the rest of us will be laughing.
“Personally I think it would be really funny if all the energy companies just got together and agreed to cut off all the power and gas to Ed Miliband’s snug millionaire pad in Primrose Hill – just to bloody well mess his life up”
Yeah, I’d imagine a libertarian would think that a wizard wheeze. In fact, it would probably guarantee Milliband a good majority at the next election, so yeah, go for it…..
This shows up Miliband’s envious opportunism better than a thousand words.
Note too, his saying that energy companies won’t be able to join in the debate because they are “unreliable witnesses”. We’ve seen all this before with vested interests demanding tobacco and alcohol companies to be ignored. Frightening stuff.
XX Dick Puddlecote
Note too, his saying that energy companies won’t be able to join in the debate because they are “unreliable witnesses”. XX
I see it more as “The accused being tried and sentenced in their absence.”
But then, what do you expect from commy shite whose idea of a good time is to spend a night wanking over pictures of Stalin?
“Note too, his saying that energy companies won’t be able to join in the debate because they are “unreliable witnesses””
So who exactly stopping them? I must have missed the law stopping corporate PR departments chundering their propaganda all over the MSM. Whether that will do them much good is another thing. They are vested interests so their contributions to the debate will be viewed with considerable scepticism as either exaggerations or outright lies.
This may be a rubbish idea (and it probably is), or it may be the best idea in the world (though I grant you that’s unlikely), but it makes no difference either way. Miliband is a politician, and all politicians are vote-stealing fraudsters and liars, so it’s almost certain that it won’t happen, any more than the smoking-ban-only-in-places-serving-food happened or the cast-iron-promise-of-a-referendum-on-Europe did. The only difference that I see between those last broken pledges and this one is that very few real people seem to believe a word of it. The response of most of the people I know – of all political persuasions – seems to be “Yeah, right. Whatever.”
The only people whom I’ve heard discussing and debating and arguing over it as if it’s a genuine possibility are the MSM. But then, they seem to be the only people around these days who actually still believe that when a politician says they’ll do something then they’ve got any real intention of doing it …
Yeah … spot on.
“A politician is an Arse, upon which everything has sat, except a man.”
I would be happy if they just scrapped the 10% fresh air tax!!
I know this is a VERY difficult concept for libertarians to understand but this is a democracy and Milliband has a right and duty to propose policies that are popular and engage the people, who have been comprehensively shafted by the privatized energy companies. Being rather timid, Milliband cannot propose what is actually required, which is to take the thieving treasonable scum bucket companies back into public ownership, so he has come up with a cap on prices in order to discourage the rampant profiteering of recent years.
As for its being “none of his business”, I think you’ll find that surging energy costs is the business of every politician who wants to respond to public disquiet. Those who do not, and prate about the “primacy of the market” can enjoy the electoral success similar to that of the Libertarian Party.
The energy companies are not market operations.
They are regulated to the point of not being allowed to build the power stations that they wanted (and we needed) over the last 15 years. And the main reason our bills have increased is due to the insanity of climate change politics.
And I do believe your man was directly responsible for the latter, and part of the government which was responsible for the former.
To try and paint this political failure as market failure is to tell a lie.
But it does allow me to repeat one of my favourite quotes:
“As a rule, capitalism is blamed for the undesired effects of a policy directed at its elimination.” Ludwig von Mises.
As true today as it was when he wrote it back in 1940 (a period where the state really flexed its muscles and demonstrated what it was good at).
The closer an industry is to the state, the worse it will be. This is just another example of that.
Ah, yes, democracy, the tyranny of the swing voter in key marginals, because it is such a good system. Colour me unimpressed. It is merely less bad than all the other tyrannies, and just because some arsehole gets popular support for something it doesn’t mean it is right. Afterall, to quote one of your over-used examples, Germany in the 1930s was the result of a democratic vote. Didn’t that work out well?