Just curious, what would mass defaults on people’s bills do for shareholder confidence?
You bankrupt normal families for the price of energy and the sky high debts are written off by a court. Then what?
What’s the endgame here?
Public tell ‘British’ Gas to STFU and stop ripping every fucker off!
I’m sick of all these owners and ” bosses” coming to tell us proles how things designed to help the people will impact them
I don’t care about investor confidence, I don’t care about their profits
That dent will buff out.
Tell them they are ugly and people laugh behind their backs for good measure.
The inevitable consequence of privatising an essential utility.
Shareholders sacred right to profit valued above all else.
‘Investor confidence’ aka dividends.
Fine. Tank the price and the government can buy it back.
In other news? Water is Wet!
OK but how many would freeze and / or starve to death?
Economic spin cycle as follows:
1. Government takes energy company supernormal profits as tax, say $10,000 which will buy you 10000 gallons of oil if you’re a customer in June.
2. Government gives $10,000 in subsidy to homeowners in October but by then it only buys 8000 gallons of oil cos market economics.
3. Energy company gets the $$$ all back in the space of 4 months.
4. Consumer still needs to find $2400 to buy another 2000 gallons of oil so revenue increases too which investors love – price is now $12400 per 10,000 gallons.
Now, if the tax had taken money off data companies like Facebook and they spent that on fuel then it would be a different story. Like this, it’s just a sunshine laundry.
17 comments
Just curious, what would mass defaults on people’s bills do for shareholder confidence?
You bankrupt normal families for the price of energy and the sky high debts are written off by a court. Then what?
What’s the endgame here?
Public tell ‘British’ Gas to STFU and stop ripping every fucker off!
I’m sick of all these owners and ” bosses” coming to tell us proles how things designed to help the people will impact them
I don’t care about investor confidence, I don’t care about their profits
That dent will buff out.
Tell them they are ugly and people laugh behind their backs for good measure.
The inevitable consequence of privatising an essential utility.
Shareholders sacred right to profit valued above all else.
‘Investor confidence’ aka dividends.
Fine. Tank the price and the government can buy it back.
In other news? Water is Wet!
OK but how many would freeze and / or starve to death?
Economic spin cycle as follows:
1. Government takes energy company supernormal profits as tax, say $10,000 which will buy you 10000 gallons of oil if you’re a customer in June.
2. Government gives $10,000 in subsidy to homeowners in October but by then it only buys 8000 gallons of oil cos market economics.
3. Energy company gets the $$$ all back in the space of 4 months.
4. Consumer still needs to find $2400 to buy another 2000 gallons of oil so revenue increases too which investors love – price is now $12400 per 10,000 gallons.
Now, if the tax had taken money off data companies like Facebook and they spent that on fuel then it would be a different story. Like this, it’s just a sunshine laundry.
Meh… so investors lose a few quid in profit?
[Oh no, anyway…](https://www.youtube.com/watch?v=UnyBJJI2eqs)
Poor investor confidence, boo hoo
Yeah what are they gonna do sell their shares?
Oh no! Well, anyway…
Fuck British Gas! Worst run shit show I’ve ever had the displeasure of dealing with.