“Two lawyers made this country what it is today”- Bet they are FA u LG….lol two persons who benefited and are still benefiting from investments guaranteed by il-Perit……..erga uza wikipedia sabiha u fittex fuq il Perit u skopri kemm hajtek setet tkun differenti minghajr l interventi tieghu….m ghandiex aptit nsemmi x ghamel u x m ghamilx, never ending

[Daphne – Look, this blog is for people with some brains (regardless of how they vote). There are enough comments-boards, blogs, social networks and forums for people without them, so don’t come here cluttering up this space as well. Bye.]

Matthew, may I ask why is it unfair ON VOTERS, if he forms a more suitalbe govt than the current, wouldd it change your image of a person whether he is a manager or an economist even though he provides better solutions for our country? COuse if that is the basis on which you vote, man you have a problem…..

[Daphne – The problem is not that he isn’t an economist (two lawyers have made this country what it is today, if we’re talking prime ministers), but that he lies repeatedly about it and lets others to do so too.]

Allura l’LGBT tal-PL qed thaddan il-kriminali?

Forsi ser jaghmel bhal-dawk il brillanzi tal-Labour ta’ qablu, jibaxxi d-dawl u anke il-pressjoni fil-kannen tal-ilma, allura ninies jigu mgiela juzaw inqas, ergo, il-kontijiet tad-dawl u tal-ilma jitbaxxew ukoll.

That is another lie that they have been repeating over and over again on One Radio . According to their interpretation , only octagerians living ON THEIR OWN will get that new allowance.

Mur arak tispjegalhom il-mittelklass waqt xi tombla…..

The point is that if he saw fit to lie about this, only God knows what other lies he mightl resort to in order to attain his ambitions.
The end justifies the means – Joseph Muscat

Joseph Muscat should explain that himself. He used the term in an explanation of another nebulous concept: ‘inbaxxu l-kontijiet tad-dawl u tal-ilma’.

James Tyrell doesn’t own any gold.

Leonard, unlike Joseph, I do not claim to be an economist.

But, from my understanding of finance, for any project investment, e.g. in a power station, to be viable, and hence to be financed by external creditors, it has to show that it will pay back the original investment and a rate of return.

This is tested via a business financial plan that must show that the revenues (net of costs) will sustain the desirable rate of return, like an interest rate of return. A better term is the “rate of return on capital employed.”

For some reason, Joseph has been convinced that he as a Prime Minister can reduce that rate.

Now that rate as I know it is not a political rate. It is an economic rate.

Therefore, Joseph as a politician and MP, (and we now also know that he is not an economist) cannot interfere with that rate which, I understand, was proposed by experts. Actually, I wouldn’t trust a politician who ignores expert advice.
If the rate of return can be scientifically reduced, then one can afford to reduce the revenue, the tariffs in this case.

But there is a serious risk that if the rate of return is reduced arbitrarily and politically, solely to install someone as Prime Minister in Castille, then the project can become unsustainable, the foreign capital will be withdrawn or there will be pressure for its early repayment.

Now that would be what I would call the “return of capital employed”!