unnamednewbie13
Moderator
+2,053|6742|PNW

What do you want exactly? Legislation is wordy and takes more time to draft than three forum pages of blaming the Jews.

Besides which, more than your above example has been brought up in this thread.
uziq
Member
+492|3422

Dilbert_X wrote:

Still need an actual plan more detailed than "lets give everyone a 10% pay rise"
lolll. okay then, clearly you haven't been reading anything.

'an actual plan'.

didn't you mock at the idea of unions getting together and protesting/striking for pay rises? this week in the news, thanks to the Unite union:

https://www.aa.com.tr/en/economy/britis … se/2661921
Thousands of BA employees to get 13% wage increase following pandemic-induced cuts



people: let's put a windfall tax on those companies we just subsidized and bailed out last year, and who are now charging us 300% more for our bills.
dilbert: ooooh, that's a tricky one. hard to make it fair, really.

meanwhile in europe: a windfall tax on energy companies who make excess profits in emergency circumstances!
https://www.europarl.europa.eu/news/en/ … -companies



'but you need a plan'.

you are a fucking thick cunt, fair play.

Last edited by uziq (2022-08-17 22:15:01)

Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
OK, so the plan is still no more developed than "lets tax the rich to spend on food and heating"
That covers the next six months, what then?
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uziq
Member
+492|3422
no, the plan is for the state to intervene and to fix a meaningful energy cap, approx. 1/3rd the amount currently being fleeced by the energy companies; even better if we can instate a windfall tax on the utilities companies who are vastly overcharging, and shamelessly profiteering, from the fluctuations of the last 6 months.

and they were bailed out by us last year. now households are being cleaned out by them.

the state needs to intervene and fix a realistic energy cap price. even better if we can intervene at the bloody north sea and turn it back over to the state. there's almost no reason we need to be so exposed to the vicissitudes of the european energy market and their russian supply. norway aren't being rocked by energy prices rises. wonder why.

germany is the most exposed nation to the gas prices, and in a big way, both industrially and domestically. they just set an energy price levy on consumers today of 480 EUR. how the fuck UK consumers are staring down the barrel of a £4000 energy cap is ludicrous. most UK households don't have that sort of liquidity. it's state intervention or major bust. there are no other feasible 'plans'.

That covers the next six months, what then?
where do you get this shit from, honestly? you just make things up and expect people to seriously countenance them. 'oh if you tax the energy companies you'll run out of money in 6 months'. hey, dipshit, the alternative market-based process in place right now is for the GOVERNMENT to pay THE ENERGY COMPANIES any short falls from consumers on their insane pricing. THAT'S the cycle that is repeating every 6 months. fuck me hahahah.

Last edited by uziq (2022-08-17 23:17:04)

Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX

uziq wrote:

norway aren't being rocked by energy prices rises.
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ivUNwMECGFd8/v0/1200x715.png
germany is the most exposed nation to the gas prices, and in a big way, both industrially and domestically. they just set an energy price levy on consumers today of 480 EUR. how the fuck UK consumers are staring down the barrel of a £4000 energy cap is ludicrous.
For an average family of four, the charge will amount to an additional annual cost of around 480 euros, or an increase of about 13% on the Verivox price comparison platform's calculation of an average gas bill of 3,568 euros based on usage of 20,000 kWh/year.
https://www.reuters.com/business/energy … 022-08-15/

So while the average British family will be paying GBP4000 for all their gas and electricity, the average German family will be paying GBP3000 just for their gas

Seems like you don't know what you're talking about and are comparing apples with sausages.

Last edited by Dilbert_X (2022-08-18 00:02:55)

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uziq
Member
+492|3422
ehm, nice job showing a graph identifying the energy price spike in march. wholesale prices fell across the board following march (technically until this week; back up for UK/germany ... but not so drastically for norway, who have precisely asserted state control over their gas exports). why are you showing me graphs from march?

norway's domestic wholesale gas price in august 2022: 106 EUR/mWh
germany's domestic wholesale gas price in august 2022 (day-ahead): 477 EUR/mWh
UK's domestic wholesale gas price in august 2022 (day-ahead): ~700 EUR/mWh

norwegian consumers will not suffer anything like UK consumers this winter, period. this month it is the UK and germany who are conspicuously facing a price rise crisis. why the UK? we are not in germany's geopolitical situation. this is a self-inflicted wound ffs.

comparing apples with sausages how?

every country faces some tough choices. we have to ask a bunch of CEOs and a toothless regulator (the head of which just resigned, today, over the fiasco) to play nice. our own 'energy cap' at present is totally ineffectual and pointless. our model – to repeatedly subsidise and bail out the energy retailers, and to see no return on that massive taxpayer largesse in future investment or cheaper prices – is the dumbest approach to utilities on the entire european continent.

Last edited by uziq (2022-08-18 01:38:06)

uziq
Member
+492|3422
https://pbs.twimg.com/media/FaYjiKSWQAEvh0C?format=jpg&name=small

it’s sheer genius!
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
Norway has lots of gas, no doubt their energy companies bought gas with multi-decade future price contracts - like most sensible countries, not the spot prices the vegetables in the UK signed up to.
I would expect many European countries have done the same, flattening out price spikes.

Norway is currently the second-largest supplier of gas to the European gas market.

All fields on the Norwegian continental shelf contain varying quantities of gas. In the beginning, gas from the first fields to be developed was sold through lifespan contracts in which operators and buyers entered contracts for the entire operational life of the field. The gas is now marketed through several sales channels, including the spot market, through long-term contracts or directly to end-users such as power plants or industry.
https://www.equinor.com/energy/natural-gas

Why lock in a long term contract when you can decide not to?
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Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX

uziq wrote:

https://pbs.twimg.com/media/FaYjiKSWQAEvh0C?format=jpg&name=small

it’s sheer genius!
British thinking has been characterised by short termism for at least 50 years now.
Русский военный корабль, иди на хуй!
uziq
Member
+492|3422

Dilbert_X wrote:

Norway has lots of gas, no doubt their energy companies bought gas with multi-decade future price contracts - like most sensible countries, not the spot prices the vegetables in the UK signed up to.
I would expect many European countries have done the same, flattening out price spikes.

Norway is currently the second-largest supplier of gas to the European gas market.

All fields on the Norwegian continental shelf contain varying quantities of gas. In the beginning, gas from the first fields to be developed was sold through lifespan contracts in which operators and buyers entered contracts for the entire operational life of the field. The gas is now marketed through several sales channels, including the spot market, through long-term contracts or directly to end-users such as power plants or industry.
https://www.equinor.com/energy/natural-gas

Why lock in a long term contract when you can decide not to?
what if i told you … the UK has … lots of the north sea too.

at least we agree that our piteous performance, sky high prices and rock bottom quality all derive from a stupid and repugnant political ideology, not some accident or drought-like ‘act of god’. we have been labouring under the false dogmas of thatcherism for far too long now.
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
Britain has probably been used as a model for the Russian oligarchs to see how to loot a country.

What Britain needs is a selfless hero-genius to save the country, could be me, could be Elon Musk, I don't think its Truss or Sunak.
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unnamednewbie13
Moderator
+2,053|6742|PNW

Gag, how can you even joke about it. Musk has made a tidy sum pillaging companies and grinding workers to a nub.

Adriana Cohen of RCP calls him a "defender of freedom like a modern-day Ronald Reagan." I can't tell if that's genuine or backhanded.

Andrew Yang stumps for him saying his new party would be perfect for Musk. Baaarf.

Last edited by unnamednewbie13 (2022-08-18 07:51:10)

uziq
Member
+492|3422

Dilbert_X wrote:

Britain has probably been used as a model for the Russian oligarchs to see how to loot a country.

What Britain needs is a selfless hero-genius to save the country, could be me, could be Elon Musk, I don't think its Truss or Sunak.
it's funny because britain could have kept its north sea resources as a state-owned asset and gone down the same route as norway. we'd be insulated against foreign energy markets and would have a nice inter-generational nest egg; maybe even a sovereign wealth fund, like the norwegians and their canny investing.

instead we sold it all off in an orgy of privatisation. thatcherites and their harry enfield 'moneyyyyy!' types in the City. actually, we sold off our north sea oil/gas to ... people like you. private shareholders in energy companies.

and you call yourself 'a selfless hero-genius'. you are more thatcherite than you know. your entire concept of politics and society turning on individual 'moral' behaviour, with no consideration of class/collective/sodality, speaks volumes. you are thoroughly programmed by the thatcherite worldview. with your 'people are idiots, i may as well make a profit whilst the ship goes down' sentiments are one degree of separation away from her infamous pronouncement: 'there is no such thing as "society"'.
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX

uziq wrote:

it's funny because britain could have kept its north sea resources as a state-owned asset and gone down the same route as norway. we'd be insulated against foreign energy markets and would have a nice inter-generational nest egg; maybe even a sovereign wealth fund, like the norwegians and their canny investing.
https://www.laweekly.com/wp-content/uploads/2019/05/idiocracy_luke_wilson.jpg
Русский военный корабль, иди на хуй!
Cybargs
Moderated
+2,285|6687

uziq wrote:

Dilbert_X wrote:

Britain has probably been used as a model for the Russian oligarchs to see how to loot a country.

What Britain needs is a selfless hero-genius to save the country, could be me, could be Elon Musk, I don't think its Truss or Sunak.
it's funny because britain could have kept its north sea resources as a state-owned asset and gone down the same route as norway. we'd be insulated against foreign energy markets and would have a nice inter-generational nest egg; maybe even a sovereign wealth fund, like the norwegians and their canny investing.

instead we sold it all off in an orgy of privatisation. thatcherites and their harry enfield 'moneyyyyy!' types in the City. actually, we sold off our north sea oil/gas to ... people like you. private shareholders in energy companies.
dilbert should know all too well about gas exports being in australia because...

https://www.theguardian.com/business/20 … s-overseas


https://www.accc.gov.au/media-release/d … g-too-much
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
The gas companies are basically robbing Australia, we should be as rich as Qatar.
Русский военный корабль, иди на хуй!
Cybargs
Moderated
+2,285|6687

Dilbert_X wrote:

The gas companies are basically robbing Australia, we should be as rich as Qatar.
i want 0% income tax as well and let govt funding be from gas exports
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
I want free petrol and asian slave girls.

What am I talking about, my oil dividends already pay my petrol bill and if I want a slave girl I can have one.
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SuperJail Warden
Gone Forever
+634|3690
I have started investing. Really interested in dividend investing.  What are you invested in?
https://i.imgur.com/xsoGn9X.jpg
unnamednewbie13
Moderator
+2,053|6742|PNW

IIRC, fossil fuels, but remember that you can save the planet by not eating beef at all. It's more than a lifestyle, it's a martyrdom!
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
Fossil fuels are just part of my portfolio, banks and miners also.

Aus market is completely different from the US
Русский военный корабль, иди на хуй!
SuperJail Warden
Gone Forever
+634|3690
I mean do you buy individual company stocks or do you buy into mutual funds and ETFs?
https://i.imgur.com/xsoGn9X.jpg
Dilbert_X
The X stands for
+1,810|6076|eXtreme to the maX
Individual stocks, I probably do no better than an ETF, no idea really.
No more intelligent than tracking the top 20 local stocks and buying when they seem low and selling when they seem high, and taking the dividend in the meantime.

I've stayed out of US stocks, so much of it is wild speculation its impossible to make sense of.
Local stocks give a mix of tax-friendly dividends and capital gain if you're lucky.

Last edited by Dilbert_X (2022-08-23 04:56:40)

Русский военный корабль, иди на хуй!
uziq
Member
+492|3422

Dilbert_X wrote:

uziq wrote:

it's funny because britain could have kept its north sea resources as a state-owned asset and gone down the same route as norway. we'd be insulated against foreign energy markets and would have a nice inter-generational nest egg; maybe even a sovereign wealth fund, like the norwegians and their canny investing.
https://www.laweekly.com/wp-content/uploads/2019/05/idiocracy_luke_wilson.jpg
https://www.scotsman.com/news/politics/ … on-1430817
A UK sovereign wealth fund would today be worth more than £500 billion if Westminster had followed the example of Norway by investing North Sea oil revenues, a think tank has found.

https://eandt.theiet.org/content/articl … countries/
North Sea oil: A tale of two countries.

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