tag:blogger.com,1999:blog-33451096.post3506012200747907770..comments2024-03-28T07:14:01.343+00:00Comments on donpaskini: A wealth creator writes about golddonpaskinihttp://www.blogger.com/profile/05963534291677598324noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-33451096.post-52440424679514226352008-03-31T21:30:00.000+00:002008-03-31T21:30:00.000+00:00HelloJust wanted to say thank you! Having had to l...Hello<BR/><BR/>Just wanted to say thank you! Having had to listen to Tory clap-trap about 'Gordon's stupidity' it is so gratifying to learn (inevitably) that the truth is somewhat different.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33451096.post-59771061696695260862008-03-25T14:42:00.000+00:002008-03-25T14:42:00.000+00:00points taken - not 'just', though any 'also' has t...points taken - not 'just', though any 'also' has to take into account the requirement to write sufficient controls into any legislation to prevent abuses and then give sufficient power to any watchdog to enforce them. <BR/><BR/>So that's either the implicit complacency or complicit corruption of the politicians which is to blame, or both.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33451096.post-23520058757194416332008-03-22T02:24:00.000+00:002008-03-22T02:24:00.000+00:00Interesting point oranjepan makes.Pity though that...Interesting point oranjepan makes.<BR/><BR/>Pity though that the idea de-nationalisation has made BT provide a responsive or well priced service is, er, total bollocks.<BR/><BR/>Unless you take cable (not a phone service) you have to pay line rental to BT. How is that 'freedom to change' supplier?<BR/><BR/>If you're not connected to the phone exchange BT will charge £125 to connect you - even if you don't want to use their services.<BR/><BR/>And by the way, they'll insist you take a day off work so you can let them in. <BR/><BR/>Then they won't turn up. <BR/><BR/>Twice.<BR/><BR/>Lastly, look at the phone and broadband market and you'll quickly notice that the pricing is pretty uniform no matter who you pay your cash to.<BR/><BR/>The reason we have a better service now isn't BT's privatisation. It's the fact almost 20 years of technological advance have gone past.<BR/><BR/>Oh, one more thing. I suspect the discussion about de-nationalised industries is intended to prompt realisation of how stupid the gold argument is, not suggest we should or shouldn't have sold off the family silver.Giant Lizardhttps://www.blogger.com/profile/07474166428300582183noreply@blogger.comtag:blogger.com,1999:blog-33451096.post-83664776571175563112008-03-21T17:11:00.000+00:002008-03-21T17:11:00.000+00:00love that "just" in the final sentence of the prev...love that "just" in the final sentence of the previous comment.Mathttps://www.blogger.com/profile/12888536055957772280noreply@blogger.comtag:blogger.com,1999:blog-33451096.post-1554425780303099042008-03-21T09:28:00.000+00:002008-03-21T09:28:00.000+00:00BT - privatised for £3bn, worth now £16.3bn. Leavi...BT - privatised for £3bn, worth now £16.3bn. <BR/><BR/>Leaving aside the concept of selling at the top of the market (when the sale was creating one), with two decades' worth of consumer price indexed inflation factored in to the nominal price we could easily get to double or triple your calculation (taking the FTSE annual growth average would redouble or retriple any CPI-based sums).<BR/><BR/>You implicitly compound your basic mistake by making the assumption that as a nationalised monopoly it would have both the motivation and resources to modernise either it's products or services (that's without leaning on the taxpayer for an interest-free, non-repayable investment).<BR/><BR/>Finally, you have completely ignored the devolved advantage of bill reductions to all comsumers, with the increased fairness this involves, as well as the freedom to change to a supplier of choice with tailored services (which are of incalculable benefit/value).<BR/><BR/>All-in-all privatisation of BT has been a good deal to each and every single one of us. It wasn't just about profiteering by those with the capital and access to the market.Anonymousnoreply@blogger.com