Quote:
Originally Posted by Astrophe
We should blame ourselves for this situation. When state governments wanted to sell off our electricity generation industry, did you hear an outcry from the public.....no, not even a murmur.
How is it that governments (which are only there for 5 minutes or so) are allowed to sell off an industry which has taken generations (no pun intended) to establish? They didn't ask our permission....they just went about things, as if we didn't exist.
Should we now demand the return to public ownership of these essential services?. We used to have some of the cheapest electricity in the world....now it's up there with the most expensive.
Someone once said....'the price of freedom is eternal vigilance'. Well, we now have to pay the price of our neglect.
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Politicians focus on getting re-elected and selling off assets is a well trod path towards splashing funds around in constituencies at risk of loss of a seat. An opportunistic politician only needs a majority in Parliament to cash these assets in for short term gain. Once lost from public ownership they cannot come back.
However, the days of cheap power ( as a result of burning cheap brown coal) are gone, and cannot be brought back, so no point in trying.
It will be interesting to see if the Fed are going to increase the Pension by enough to cover the increase in electricity cost, want to bet on that happening?