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What State services do Fine Gael want to sell?

  • 12-02-2011 4:59pm
    #1
    Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭


    Just wondering do they mention which ones specifically?

    For the sense of debate:
    Would you support this move?
    Do you think it's born outta a hatred of Trade Unions?
    Do you think a private investor who sole intent is making a profit would be better for the workers than the State?


«13

Comments

  • Registered Users, Registered Users 2 Posts: 1,021 ✭✭✭Sulmac


    They plan so sell off some state companies that are no longer needed (since they no longer have a monopoly, for instance) to raise money to invest in infrastructure that we need like broadband, electricity and water.

    This is from their 'Working for our Future' policy document:
    Sales of State Assets

    Over time, we also propose to finance the investment programme from the sale of certain State assets. We will only sell State assets, however, if the sale coheres with the following principles:
    • The asset is not a monopoly or of strategic importance to the State. We will not repeat the mistake of Eircom by selling off a strategic asset which is a natural monopoly. As a result, we would retain ESB Networks and Eirgrid (which we will merge) and the national electricity grid in majority state ownership along with Bord Gais Networks, Coillte and Bord na Mona. An Post and RTE will not be considered for privatisation.
    • The asset is sold for the best price possible which may mean deferring sales Buntil market conditions improve.
    • If there is no economic and social case for a company remaining in State ownership it should not remain in State ownership.
    • The staff of any company sold are given a share in the company subject to their co-operation.
    Applying these principles, Fine Gael sees no impediment to selling:
    • Bord Gais Energy
    • ESB Power Generation (excluding the hydro plants)
    • The ESB Customer Supply Companies
    • RTENL (the mast and towers but not the TV or Radio stations)

    Davy Stockbrokers estimate that Ireland could raise €4 billion from a trade sale of Bord Gais Energy, ESB Power Generation and ESB Supply alone.

    If it proves necessary to finance the investment programme, we will also consider sales of minority stakes in the electricity, gas and water networks, with the State remaining in majority control.

    We will also appoint a committee to examine the accounts and cost base of the semi-States - a 'Bord Snip' for the semi-States - to recommend ways to reduce costs and improve efficiencies in each company with a view to passing on any savings to customers

    Would I support it? Yes, if it will create desperately-needed jobs and provide us with the infrastructure we need to regain competitiveness.


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    Sulmac wrote: »
    Would I support it? Yes, if it will create desperately-needed jobs and provide us with the infrastructure we need to regain competitiveness.


    There no guarantee and in fact very little chance, it'll create jobs, in fact it'll be more of a chance jobs are lost as the private investors tries to see a profit on this investment.


  • Registered Users, Registered Users 2 Posts: 3,284 ✭✭✭dubhthach


    If stuff like ESB and Bord Gáis are to be sold it should be a case that distribution network (Grid/pipelines) remain in state ownership. We saw what happened when they privatised all of Telecom Éireann into Eircom.


  • Registered Users, Registered Users 2 Posts: 23,641 ✭✭✭✭Elmo


    No.

    I disagree with this view point these companies should be at this stage in their lives provide a dividend to the country.

    I think that Networks should be split from the service providers and the government should issue new licences for service provision, while holding on to the current state owned providers.

    The 4billion is a quick buck. If their suggested plans do not work out, Ireland will be left with unemployment and the assets sold, meaning that the FG will (in worst case scenario) either have to raise taxes to support their jobs strategy something they are dead against or having to privatize the Network infrastructure. In the best case scenario it works out but we go through a similar bubble and burst situation. I feel it is not a long term vision.

    Also FG are hoping to sell these assets once the market is growing, meaning we may possibly still own them in 5 years time.


  • Registered Users, Registered Users 2 Posts: 1,017 ✭✭✭Crow92


    Are there plans to sell of the waterworks?! Probably one of the most vital things we'll need to be in charge of in the future.


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  • Registered Users, Registered Users 2 Posts: 3,554 ✭✭✭donkey balls


    I had Varadakar call to my house about two weeks ago and I asked him the question about selling off state assets even ones that pay the govt a dividend,He replied by saying dont beleive what the ESB propaganda tells you:eek: there lying.
    Im not sure wether these morans know about the ESBI who work overseas developing hydro dams/ power plants etc and are world renowned for there expertise link http://www.esbi.ie/about-us/about-us.asp.
    To sell off assets like the above is crazy I also remember when o Leary of Ryanair was being interviewed by the Dail transport commitee over the hanger 6 issue,And you had the likes of that FF pleb Micheal Kennedy going on about Aerlingus needing to use it for their 747(for the record Aerlingus got rid of the 747 fleet in 95)yet these guys are making decisions without getting the full facts ffs:mad:.
    As for FG being anti union mainly Varadakar upto when he was elected he was a docs union rep in Connolly hospital.


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    Which parts of ESB? the company is already split into 5 or so companies in the group;
    customer supply, power generation, international, networks, shared services etc


  • Registered Users, Registered Users 2 Posts: 7,220 ✭✭✭Pete_Cavan


    Crow92 wrote: »
    Are there plans to sell of the waterworks?! Probably one of the most vital things we'll need to be in charge of in the future.

    They do not want to privatise the water network, instead they want to take it out of the control of 34 local authorities and give it to one state owned company. This will end our fragmented approach to providing water and create economies of scale.
    ei.sdraob wrote: »
    Which parts of ESB? the company is already split into 5 or so companies in the group;
    customer supply, power generation, international, networks, shared services etc

    From NewEra;
    We will look to sell ESB International, Bord Gais and ESB PowerGen & Supply, when market and other conditions are appropriate. We have learnt the lessons of Eircom and will retain key infrastructure in the ownership of the State, i.e., the electricity and gas networks, and the hydro power stations which are so vital for flood control. The proceeds from the sale of non-strategic assets will be re-invested in NewERA through a new portfolio of State companies.
    I think it is a great idea. Other parties want stimulus packages that only create jobs while the stimulus is in place. Building schools and hospitals which will only create construction jobs (most of the teachers and health care jobs exist already) which are 100% reliant on government funding. Once that funding stops those jobs will be lost.

    FG are focusing on infrastructure that will mainly create jobs from its existance, as well as during their construction. Every business in the country needs energy, broadband and water so improving the quality of these will make it easier to do business. Also in the case of energy and broadband, lowering the price by introducing competition to the markets will lower the costs.


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    Elmo wrote: »
    The 4billion is a quick buck. If their suggested plans do not work out, Ireland will be left with unemployment and the assets sold, meaning that the FG will (in worst case scenario) either have to raise taxes to support their jobs strategy something they are dead against or having to privatize the Network infrastructure. In the best case scenario it works out but we go through a similar bubble and burst situation. I feel it is not a long term vision.

    Better to try something than to sit on their hands, surely.


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Sulmac wrote: »
    They plan so sell off some state companies that are no longer needed (since they no longer have a monopoly, for instance) to raise money to invest in infrastructure that we need like broadband, electricity and water.

    This is from their 'Working for our Future' policy document:



    Would I support it? Yes, if it will create desperately-needed jobs and provide us with the infrastructure we need to regain competitiveness.

    sell rte and rsb,i dont tink so,theres a reason not too vote fg straight away,prices will increase and cost people more,they dont have a clue what too do


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  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Better to try something than to sit on their hands, surely.

    build new services,create jobs,not a quick euro not the solution,not sell off waht state assets thats making money,like esb specially,


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    build new services,create jobs,not a quick euro not the solution,not sell off waht state assets thats making money,like esb specially,

    Where do you propose a state in huge debt is going to get that money?

    "Applying these principles, Fine Gael sees no impediment to selling:
    ESB Power Generation"


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Where do you propose a state in huge debt is going to get that money?

    "Applying these principles, Fine Gael sees no impediment to selling:
    ESB Power Generation"

    esb is the best profit making company's we have,if gf sell it,, then they worse that ff ,history has showed over all so far any state company's that was sold didnt over all help ,slightly in short ,its discussions like this that hasnt help Ireland in last 6 years,so if they sell out best state company's,then i wont be voting fg and i know alot who feel same way,say that they really dont know what too do
    sensible policy's and see if they can improve the imf/eu deal ,sort out the public service,hse a big pig too be sorted,330,000 public services workers too 4.5 million people,get rid of all the waste ,redo fas etc,create jobs,give people a reason too spend and live again,not this crap short term ,as its no different that the government that just gone,i think some tiems we be better off without a government,maybe we need too do what happen-in egypt,share up the politicians in this country,as it as old short minded crap they come up with
    they all had a chance too come together as in 70's and 80's to be all in one national body or government too help the country,but as always in irish politics ,show there true colors


  • Registered Users, Registered Users 2 Posts: 7,220 ✭✭✭Pete_Cavan


    esb is the best profit making company's we have,if gf sell it,, then they worse that ff ,history has showed over all so far any state company's that was sold didnt over all help ,slightly in short ,its discussions like this that hasnt help Ireland in last 6 years,so if they sell out best state company's,then i wont be voting fg and i know alot who feel same way,say that they really dont know what too do

    ESB is only profitable because the everything in the market is stacked in their favour and we are being over-charged. I posted the following in another thread;
    ESB prices are kept artificially high to encourage people to switch to Bord Gais or Airtricity to give the illusion of competition. Basically ESB customers are being over-charged and the taxpayer is subsidising the cost of electricity from Bord Gais in order to break up ESBs monopoly but there are no advantages to removing this monopoly because any savings in the cost of electricity are canceled out by the subsidies you are paying for through taxes. At least in an open market competition forces producers to become efficient because the only way they will gain customers is by reducing their prices.

    State-guaranteed monopoly-status means that the consumer's interests do not count. These companies have NO incentive to improve the quality of their services or reduce their prices because no matter how annoyed the consumer gets with them there's no escape from them. They can't seek refuge from appalling service or high prices by choosing another company. Similarly with broadband, FG want the state to own the network (fibre cables etc.) but private companies offer the broadband packages.

    The government can retain certain assets and compete in these markets if they wish. More competition in this market would reduce prices which is good for customers and will make the country more competitive. I very much doubt ESB would be profiable in a competitive market


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Pete_Cavan wrote: »
    ESB is only profitable because the everything in the market is stacked in their favour and we are being over-charged. I posted the following in another thread;



    The government can retain certain assets and compete in these markets if they wish. More competition in this market would reduce prices which is good for customers and will make the country more competitive. I very much doubt ESB would be profiable in a competitive market

    the way its setup like the telecom set is a waste of time,esb could kill off the others easy but they not allowed,so lets call a spade a spade,but they was told too raise there prices so other company looks cheaper,so what ever profit is coming from esb,is at least going toward the country in some,short slightness has this country in a mess
    we have a bigger waste in hse and public services,we have good resources in this country but havent used them yet


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    esb is the best profit making company's we have,if gf sell it,, then they worse that ff ,history has showed over all so far any state company's that was sold didnt over all help ,slightly in short ,its discussions like this that hasnt help Ireland in last 6 years,so if they sell out best state company's,then i wont be voting fg and i know alot who feel same way,say that they really dont know what too do
    sensible policy's and see if they can improve the imf/eu deal ,sort out the public service,hse a big pig too be sorted,330,000 public services workers too 4.5 million people,get rid of all the waste ,redo fas etc,create jobs,give people a reason too spend and live again,not this crap short term ,as its no different that the government that just gone,i think some tiems we be better off without a government,maybe we need too do what happen-in egypt,share up the politicians in this country,as it as old short minded crap they come up with
    they all had a chance too come together as in 70's and 80's to be all in one national body or government too help the country,but as always in irish politics ,show there true colors

    I found all of that difficult to read. Anyway, I presume you didn't read what I actually wrote.


  • Moderators, Society & Culture Moderators Posts: 9,768 Mod ✭✭✭✭Manach


    From my experience of the Telecoms industry outside Ireland, the majority of ex-public sector industries of that type quickly achieve great effenecies and had expanded their IT offerings both domestically and internationally.


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    I found all of that difficult to read. Anyway, I presume you didn't read what I actually wrote.

    funny thing about all these so called proposals and promises ,they fall flat after the election,but if i get a hint of fg selling off any more state companys,they wont be getting my vote and i dont like noonan as finance minister
    i like other left in 80's because of his finance discussions,anyone else but him


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    funny thing about all these so called proposals and promises ,they fall flat after the election,

    Not all that funny I have to say. Didn't realise we had a psychic in our midst!


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    dubhthach wrote: »
    If stuff like ESB and Bord Gáis are to be sold it should be a case that distribution network (Grid/pipelines) remain in state ownership. We saw what happened when they privatised all of Telecom Éireann into Eircom.

    spot on,totaly agree


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  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Not all that funny I have to say. Didn't realise we had a psychic in our midst!

    i dont live in dream land,i open too i vote for,i dont follow any party ,so maybe i see abit more clear,,i notice your a fg supporter


  • Registered Users, Registered Users 2 Posts: 7,220 ✭✭✭Pete_Cavan


    the way its setup like the telecom set is a waste of time,esb could kill off the others easy but they not allowed,so lets call a spade a spade,but they was told too raise there prices so other company looks cheaper,so what ever profit is coming from esb,is at least going toward the country in some,short slightness has this country in a messwe have a bigger waste in hse and public services,we have good resources in this country but havent used them yet

    ESB itself may be profitable but the Irish people are paying for it, not profiting from it. We pay over the odds for electricity. Privatising but retaining the transmission network will mean lower electricity prices (through competition) and the private companies will pay the state for the use of the national grid. Selling them not only creates an income, it also removes the cost of producing electricity, so the state also benefits long term. Short sighted would be holding these assets, many of which are quickly becoming outdated and will need updating soon which will be extremely expensive. Selling them now when we can get good money for them makes sense because we get the money and others pay for the next generation of energy production infrastructure.


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Pete_Cavan wrote: »
    ESB itself may be profitable but the Irish people are paying for it, not profiting from it. We pay over the odds for electricity. Privatising but retaining the transmission network will mean lower electricity prices (through competition) and the private companies will pay the state for the use of the national grid. Selling them not only creates an income, it also removes the cost of producing electricity, so the state also benefits long term. Short sighted would be holding these assets, many of which are quickly becoming outdated and will need updating soon which will be extremely expensive. Selling them now when we can get good money for them makes sense because we get the money and others pay for the next generation of energy production infrastructure.

    i got news for you,you will still pay and more if esb and likes are sold off,if a new government redid policys with likes of esb,then it wouldnt as much,
    difference at moment we get some profit ,but if it was private,we will pay more for esb,thats a fact,i see fg no better in there thinking than ff,really dont have a clue what too do


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    i dont live in dream land,i open too i vote for,i dont follow any party ,so maybe i see abit more clear,,i notice your a fg supporter

    I've actually never voted in a General Election so that's a compete fabrication. I don't agree with FG on their Irish policy. I'm reasonably open-minded but I will not vote for the Soldiers of Pissing Irish Sovereignty away, Fianna Fáil. I haven't decided on the rest although Labour's tax flip-flopping tax policy/pro-Joan Burtonism does not instill confidence while seeing Gerry Adams on BBC Newsline not knowing what the VAT rate was reinforced my belief that modern day Sinn Féin are too six county centred. Eamon Ryan might get a decent preference from me; I don't drive so his taxes on old, dirty cars is not one that provokes a reaction in me.


  • Registered Users, Registered Users 2 Posts: 7,220 ✭✭✭Pete_Cavan


    i got news for you,you will still pay and more if esb and likes are sold off,if a new government redid policys with likes of esb,then it wouldnt as much, difference at moment we get some profit ,but if it was private,we will pay more for esb,thats a fact,i see fg no better in there thinking than ff,really dont have a clue what too do

    You really have no clue what you are talking about. You think we will pay more for electricity if we privatise the industry! So introducing competition and allowing people to escape a state monopoly will increase prices? The company I work for has done a lot of work for ESB and they are very difficult to work for, a lot of needless bureaucracy, private companies would be able to produce electricity much cheaper. Selling off energy production infrastructure would benefit taxpayers by producing income from the sale and allow for lower prices for consumers. Again, ESB may be profitable but we are paying over the odds to create this profit.


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    I've actually never voted in a General Election so that's a compete fabrication. I don't agree with FG on their Irish policy. I'm reasonably open-minded but I will not vote for the Soldiers of Pissing Irish Sovereignty away, Fianna Fáil. I haven't decided on the rest although Labour's tax flip-flopping tax policy/pro-Joan Burtonism does not instill confidence while seeing Gerry Adams on BBC Newsline not knowing what the VAT rate was reinforced my belief that modern day Sinn Féin are too six county centred. Eamon Ryan might get a decent preference from me; I don't drive so his taxes on old, dirty cars is not one that provokes a reaction in me.

    what would be great but wont happen now if a new party came in too existence,with people in it we know would put the people first ,then i would see hope but we live in hope,with the choices we have now,is very very poor and really no difference over all with all there hot air they all put out
    ff and fg are more the same than they want too admit,labour,not sure,think some times they couldnt get it right on there own,sf,well they have history they need too move on from and growup if the plan too help ireland,
    green,if i saw one of these,i give them a piece of my mind,then we have the alliance,they in a different world all together, independents,they look for favorers , choice is poor as always in ireland


  • Closed Accounts Posts: 472 ✭✭wee truck big driver


    its a great idea to sell off state owned buisness that are making money. it would be an even better idea to hold on to these apart from the employment they give it is a steady source of income for the goverment. when they sell them to foreign buiness interests they will provide poor employment, poor service and unlike some f.g posters on claim will charge what they like and it wont be a case of dont charge them much we dont care about profit. it would suit f.g better to stand up to the unions and make thes organisation more efficent and profitable


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    what would be great but wont happen now if a new party came in too existence,with people in it we know would put the people first ,then i would see hope but we live in hope,with the choices we have now,is very very poor and really no difference over all with all there hot air they all put out
    ff and fg are more the same than they want too admit,labour,not sure,think some times they couldnt get it right on there own,sf,well they have history they need too move on from and growup if the plan too help ireland,
    green,if i saw one of these,i give them a piece of my mind,then we have the alliance,they in a different world all together, independents,they look for favorers , choice is poor as always in ireland

    How do you propose putting the people first? More willing to blame the Greens than FF then?


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    its a great idea to sell off state owned buisness that are making money. it would be an even better idea to hold on to these apart from the employment they give it is a steady source of income for the goverment. when they sell them to foreign buiness interests they will provide poor employment, poor service and unlike some f.g posters on claim will charge what they like and it wont be a case of dont charge them much we dont care about profit. it would suit f.g better to stand up to the unions and make thes organisation more efficent and profitable

    LUAS is run by foreigners, it began returning a profit 3 years before it was expected to.


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  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    Pete_Cavan wrote: »
    You really have no clue what you are talking about. You think we will pay more for electricity if we privatise the industry! So introducing competition and allowing people to escape a state monopoly will increase prices? The company I work for has done a lot of work for ESB and they are very difficult to work for, a lot of needless bureaucracy, private companies would be able to produce electricity much cheaper. Selling off energy production infrastructure would benefit taxpayers by producing income from the sale and allow for lower prices for consumers. Again, ESB may be profitable but we are paying over the odds to create this profit.

    i would be careful on personal attach here on forum,i pay like all and a good a clue as most,so please spare me ,history has shown selling state owned companys in ireland doesnt help ireland in long run,private company never cheaper specially with esb controlling everything if private or not
    electric companys need too be independent of esb network,not going too happen,is it


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    How do you propose putting the people first? More willing to blame the Greens than FF then?

    i blame both but greens where Muppets
    theres no party here at moment that will put people first,not 100 per cent ,if they did they all pull together as national government and help the country for a year or so,but we live in ireland and will never happen


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    its a great idea to sell off state owned buisness that are making money. it would be an even better idea to hold on to these apart from the employment they give it is a steady source of income for the goverment. when they sell them to foreign buiness interests they will provide poor employment, poor service and unlike some f.g posters on claim will charge what they like and it wont be a case of dont charge them much we dont care about profit. it would suit f.g better to stand up to the unions and make thes organisation more efficent and profitable

    funny,its the first time i agree with you :D


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    i blame both but greens where Muppets
    theres no party here at moment that will put people first,not 100 per cent ,if they did they all pull together as national government and help the country for a year or so,but we live in ireland and will never happen

    How do you propose putting the people first? You put equal blame on the Greens with their 6 or 7 TDs as you do on Fianna Fáil with their 70 odd TDs. :confused:


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    How do you propose putting the people first? You put equal blame on the Greens with their 6 or 7 TDs as you do on Fianna Fáil with their 70 odd TDs. :confused:

    tell me this
    whats the difference between ff,fg,labour and greens
    nothing


  • Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭nesf


    tell me this
    whats the difference between ff,fg,labour and greens
    nothing

    Yeah, only if you're so far to the left or right that the centre is so far away to make the parties blur together. Which means 90% of the population plus won't agree with your analysis.


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  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    nesf wrote: »
    Yeah, only if you're so far to the left or right that the centre is so far away to make the parties blur together. Which means 90% of the population plus won't agree with your analysis.

    i know im not left,i dont see no difference,irish politics needs a shake up is where where i was coming from
    people are stuck with poor choices and every 5 years,we change one for another,but theres little difference,think thats why i havent made my mind up yet
    funny thing doe,i so surprised the amount of people who wont be voting,some of these vote in every election,says something but not something good


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    tell me this
    whats the difference between ff,fg,labour and greens
    nothing

    So you don't want to put people first, you want to put yourself first. Interesting...


  • Closed Accounts Posts: 45 paddy145


    Pete_Cavan wrote: »
    ESB itself may be profitable but the Irish people are paying for it, not profiting from it. We pay over the odds for electricity. Privatising but retaining the transmission network will mean lower electricity prices (through competition) and the private companies will pay the state for the use of the national grid. Selling them not only creates an income, it also removes the cost of producing electricity, so the state also benefits long term. Short sighted would be holding these assets, many of which are quickly becoming outdated and will need updating soon which will be extremely expensive. Selling them now when we can get good money for them makes sense because we get the money and others pay for the next generation of energy production infrastructure.

    Pete you really dont know what you are talking about man, you would make a great politician with that crap your spouting. Heres a bit of information for you that iv posted in another thread recently.
    • Irish electricity prices are now 7% below the Eurozone average for Residential.
    • Irish prices are now 9% below the Eurozone average for small-medium enterprise.
    • ESB recently sold most of their outdated assets to Endesa.
    • Now is the worst time to sell, demand has fallen for electricity and there is about 20% overcapacity, i think, something along those lines anyway.


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    So you don't want to put people first, you want to put yourself first. Interesting...

    now that a cheap shot
    i want too put this country first which is its people,fg arent


  • Closed Accounts Posts: 472 ✭✭wee truck big driver


    LUAS is run by foreigners, it began returning a profit 3 years before it was expected to.

    so its making a profit and thats leaving the country now thats useful


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  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    now that a cheap shot
    i want too put this country first which is its people,fg arent

    For the third time then, "How do you propose putting the people first?"


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    so its making a profit and thats leaving the country now thats useful

    So it's better to have nothing than to have a company providing an excellent (if expensive) service and employing Irish people? That sounds a bit stupid, does it not?


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    For the third time then, "How do you propose putting the people first?"
    jobs,health,banks would be good start


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    So it's better to have nothing than to have a company providing an excellent (if expensive) service and employing Irish people? That sounds a bit stupid, does it not?

    why in gods name would you sell a company thats own by state thats making a profit,very short mindedness


  • Registered Users, Registered Users 2 Posts: 7,220 ✭✭✭Pete_Cavan


    paddy145 wrote: »
    Pete you really dont know what you are talking about man, you would make a great politician with that crap your spouting. Heres a bit of information for you that iv posted in another thread recently.
    • Irish electricity prices are now 7% below the Eurozone average for Residential.
    • Irish prices are now 9% below the Eurozone average for small-medium enterprise.
    • ESB recently sold most of their outdated assets to Endesa.
    • Now is the worst time to sell, demand has fallen for electricity and there is about 20% overcapacity, i think, something along those lines anyway.

    See here
    • As of September 2010 Ireland is has the 9th highest price per one kilowatt-hour of electricity for domestic consumers. Incl. energy tax out of 27 European countries
    • As of September 2010 Ireland is has the 6th highest price per one kilowatt-hour of electricity for industrial consumers. Incl. energy tax out of 27 European countries
    Averages mean nothing, we are still in the top one third of European countries for domestic energy prices and in the top quarter of European countries for industrial energy prices. Averages like that can be skewed by low number of disproportionately high price and a high number of disproportionately low prices and prove nothing. Actual prices make for a better comparison. Try using some useful data (with links preferably) before telling me I dont know what Im talking about or that I am spouting crap.


  • Closed Accounts Posts: 472 ✭✭wee truck big driver


    So it's better to have nothing than to have a company providing an excellent (if expensive) service and employing Irish people? That sounds a bit stupid, does it not?

    surely an irish ompany could run it or as a novel idea it could actually be state owned


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    jobs,health,banks would be good start

    I'm afraid that isn't even a proper sentence. Try and explain what you mean please.


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    why in gods name would you sell a company thats own by state thats making a profit,very short mindedness

    The state never ran the LUAS. Now it's making a profit :-/ Open to correction on this but it's construction was a PPP so the tax payer didn't have to foot as much of a bill. I'm not sure I'm correct here, I don't have info to hand and it's a saturday night!


  • Registered Users, Registered Users 2 Posts: 3,799 ✭✭✭KELTICKNIGHTT


    I'm afraid that isn't even a proper sentence. Try and explain what you mean please.

    what does ireland need right now too move forward ?


  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭Oasis_Dublin


    surely an irish ompany could run it or as a novel idea it could actually be state owned

    State owned like Dublin Bus or CIÉ? No thanks!


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