Comments on: Oh dear, Muscat cocks up again

By: P Shaw

P Shaw — Fri, 10 Oct 2008 04:22:30 +0000

Gerald, if you have a minimum of economic knowledge as you claim, who would hedge the price of oil in the current market circumstances?

For your information, Hedging is not a buzz word, that the Lbour Party repeats ad nauseum at its coffee mornings and at Super 1. Oil’s price today was $88, while OPEC wants to stabilize it at $100. Demand for oil is going down, plus the speculation of the commodity has gone bust together with the market.

And the Labour apologist is talking about hedging at this unstable point in time!!

By: Sybil

Sybil — Thu, 09 Oct 2008 22:14:29 +0000

“tax payer Thursday, 9 October 2052hrs
Hey – Joseph Muscat was accompanied by AST. Isnt ‘t he the same person that ordered foreign countries not to deal with the Opposition? Remember the Foreign interference Act?”

and was then immortalized for posterity by that TOM photo with the HMS BRAZEN cap perched jauntily on his head.

By: Jomar

Jomar — Thu, 09 Oct 2008 20:34:15 +0000

If Libya ever makes any agreement with Joseph, I bet one euro that a diplomatic tiff will ensue.

If Libya has any deals in mind, it should do them with the government and not with the Opposition. I hope that Libya has enough common sense which seems so pitifully lacking in Joseph’s mind.

Keep it up Joseph. Your star continues to rise among those with the lowest IQ.

[Daphne – The poor crud. It’s not like he has a star-studded cast of political advisers. Anglu Farrugia’s idea of international relations is riding Dumbo bareback in India.]

By: david s

david s — Thu, 09 Oct 2008 19:26:28 +0000

Re JM Muscat’s press conference after his Libya visit. His body language and the smirk in his face is so off putting..Ara kemm jien bravu.
His presence appears so poor, whether he is flanked by AST, the 2 Ronnies, or whoever, he comes across as though its the team’s mascot doing the talking on behalf of the (dysfunctional) team

By: david s

david s — Thu, 09 Oct 2008 19:18:20 +0000

Gerald You still have a mindset of the seventies (which esplains why you support Labour) “It is a fact Libya is always friendlier to Labour than the PN ” should read that Gaddafi and Mintoff were indeed friends because they were two of a kind (add Kim il sung, and its 3 of a kind). Gaddafi used to express this friendship by some donation or other , and some shady agreement on oil supplies to Malta. At one time the price of oil had plummeted to such low levels that Malta was in fact paying Libya higher prices than the international market ! (which to be fair is similar to a hedging agreement going wrong)
Malta has the cheapest energy rates in Europe,and somehow the new rates must reflect this new reality. What I expect of the Government is for it to provide schemes for businesses to invest in alternative energy, and thus reducing our demand for energy. Also the new rates reward low users with discounts which is a step in the right direction.

By: tax payer

tax payer — Thu, 09 Oct 2008 18:52:53 +0000

Hey – Joseph Muscat was accompanied by AST. Isnt ‘t he the same person that ordered foreign countries not to deal with the Opposition? Remember the Foreign interference Act?

[Daphne – Ah, but in those days, the Opposition was trying to undermine the country. This Opposition is trying to save it.]

By: Gerald

Gerald — Thu, 09 Oct 2008 13:34:10 +0000

It’s a fact that Libya is always friendlier to Labour than the PN. Maybe they can get another hedging agreement going again instead of throwing millions down the drain as this government has done for years and is now expecting all and sundry to pick up the pieces.