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	Comments on: GUEST POST &#8211; Caveat emptor: the buyer beware	</title>
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	<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
	<lastBuildDate>Thu, 10 Jan 2013 15:04:34 +0000</lastBuildDate>
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		<title>
		By: D. Borg		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-682379</link>

		<dc:creator><![CDATA[D. Borg]]></dc:creator>
		<pubDate>Thu, 10 Jan 2013 15:04:34 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-682379</guid>

					<description><![CDATA[I recall there were a number of posts about the land that the Mintoffs sold to Polidano, and what happened before.

The last thing I remember was ex-Minister Michael falzon had to &#039;recheck&#039; some matters to explain, at least, what happened under his watch.

Why am I not surprised that nothing was forthcoming?

It is obvious more than ever, that rather than a change in government (of the alternating absolute PN or PL type) we need a political scenario with more than two opposing bloated parties cancelling each other out, to a multi party parliament and possibly coalition government, where objective decisions are honestly discussed, evaluated and explained (and at time admitting mistakes and identify how they were readdressed not to reoccur) with the nation&#039;s real long term interest, rather than the party&#039;s or worse still a gang within it.]]></description>
			<content:encoded><![CDATA[<p>I recall there were a number of posts about the land that the Mintoffs sold to Polidano, and what happened before.</p>
<p>The last thing I remember was ex-Minister Michael falzon had to &#8216;recheck&#8217; some matters to explain, at least, what happened under his watch.</p>
<p>Why am I not surprised that nothing was forthcoming?</p>
<p>It is obvious more than ever, that rather than a change in government (of the alternating absolute PN or PL type) we need a political scenario with more than two opposing bloated parties cancelling each other out, to a multi party parliament and possibly coalition government, where objective decisions are honestly discussed, evaluated and explained (and at time admitting mistakes and identify how they were readdressed not to reoccur) with the nation&#8217;s real long term interest, rather than the party&#8217;s or worse still a gang within it.</p>
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		<title>
		By: Toyger		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-682018</link>

		<dc:creator><![CDATA[Toyger]]></dc:creator>
		<pubDate>Thu, 10 Jan 2013 13:36:04 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-680803&quot;&gt;aJS&lt;/a&gt;.

With Labour you can rest assured that there are MANY things you are not being told.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-680803">aJS</a>.</p>
<p>With Labour you can rest assured that there are MANY things you are not being told.</p>
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		<title>
		By: Angus Black		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-681634</link>

		<dc:creator><![CDATA[Angus Black]]></dc:creator>
		<pubDate>Thu, 10 Jan 2013 11:45:49 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-681634</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677478&quot;&gt;E.Muscat&lt;/a&gt;.

There is a major flaw in your export theory, E Muscat.

How can we export &#039;surplus electricity&#039; when our cost is definitely higher than that produced in Europe?

We can only export via the inter-connector to the European grid. Now we know that energy is generated there by a mix of oil, gas and nuclear power stations. 

The average cost of the end product is higher than nuclear but cheaper than oil or gas. We also know that importing gas, by any means (shipped in, piped in) is more expensive due to shipping or piping charges, whereas fuels are available on the spot in Europe, hence lower delivery charges. 

And what about the cost of building the necessary infrastructure, be it tanks or pipeline? do they come for free?

So by necessity our unit price per kW will definitely be higher than the average price of the European product and it will have to be an idiotic buyer who will pay more for something he has on his doorstep at a lower cost.

Moreover, was the investment in the inter-connector not for the sole purpose of importing energy at a lower price than we can generate here?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677478">E.Muscat</a>.</p>
<p>There is a major flaw in your export theory, E Muscat.</p>
<p>How can we export &#8216;surplus electricity&#8217; when our cost is definitely higher than that produced in Europe?</p>
<p>We can only export via the inter-connector to the European grid. Now we know that energy is generated there by a mix of oil, gas and nuclear power stations. </p>
<p>The average cost of the end product is higher than nuclear but cheaper than oil or gas. We also know that importing gas, by any means (shipped in, piped in) is more expensive due to shipping or piping charges, whereas fuels are available on the spot in Europe, hence lower delivery charges. </p>
<p>And what about the cost of building the necessary infrastructure, be it tanks or pipeline? do they come for free?</p>
<p>So by necessity our unit price per kW will definitely be higher than the average price of the European product and it will have to be an idiotic buyer who will pay more for something he has on his doorstep at a lower cost.</p>
<p>Moreover, was the investment in the inter-connector not for the sole purpose of importing energy at a lower price than we can generate here?</p>
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		<title>
		By: aJS		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-680803</link>

		<dc:creator><![CDATA[aJS]]></dc:creator>
		<pubDate>Thu, 10 Jan 2013 06:55:35 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-680803</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-678660&quot;&gt;The Shadow&lt;/a&gt;.

I read it too - the Times.

Who in his right senses would advance money taking on the additional burden of having this kind of liability on the balance sheet for at least a year?  

It is not even a debt. 

It is a provision against projected future earnings. And my emphasis is on &#039;projected&#039; and &#039;future&#039;.  

If the business goes belly up, who will make good for that payment to the investors?

It makes no business sense. Unless, there is something that we&#039;re not being told.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-678660">The Shadow</a>.</p>
<p>I read it too &#8211; the Times.</p>
<p>Who in his right senses would advance money taking on the additional burden of having this kind of liability on the balance sheet for at least a year?  </p>
<p>It is not even a debt. </p>
<p>It is a provision against projected future earnings. And my emphasis is on &#8216;projected&#8217; and &#8216;future&#8217;.  </p>
<p>If the business goes belly up, who will make good for that payment to the investors?</p>
<p>It makes no business sense. Unless, there is something that we&#8217;re not being told.</p>
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		<title>
		By: ACD		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-678784</link>

		<dc:creator><![CDATA[ACD]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 19:55:30 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-678784</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677927&quot;&gt;Mark&lt;/a&gt;.

To entertain your masochistic fantasy, the &#039;opposition&#039; would simply reply - &#039;Ah, but you knew about it before you started&#039;.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677927">Mark</a>.</p>
<p>To entertain your masochistic fantasy, the &#8216;opposition&#8217; would simply reply &#8211; &#8216;Ah, but you knew about it before you started&#8217;.</p>
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		<title>
		By: The Shadow		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-678660</link>

		<dc:creator><![CDATA[The Shadow]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 19:26:58 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-678660</guid>

					<description><![CDATA[I believe I read somewhere that the corporation chosen to build the new power station will be paying an unspecified amount one year in advance. Whom it will be advancing the money to and how it will be accounted for is shrouded in mystery.]]></description>
			<content:encoded><![CDATA[<p>I believe I read somewhere that the corporation chosen to build the new power station will be paying an unspecified amount one year in advance. Whom it will be advancing the money to and how it will be accounted for is shrouded in mystery.</p>
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		<title>
		By: Antoine Vella		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-678488</link>

		<dc:creator><![CDATA[Antoine Vella]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 18:31:16 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-678488</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677478&quot;&gt;E.Muscat&lt;/a&gt;.

I am not a technical person but from what I&#039;ve been hearing these last few days, Sicily has a surplus of electricity generation so they won&#039;t need to buy energy from anyone and, in fact, want to sell.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677478">E.Muscat</a>.</p>
<p>I am not a technical person but from what I&#8217;ve been hearing these last few days, Sicily has a surplus of electricity generation so they won&#8217;t need to buy energy from anyone and, in fact, want to sell.</p>
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		<title>
		By: Mark		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677927</link>

		<dc:creator><![CDATA[Mark]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 15:35:26 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-677927</guid>

					<description><![CDATA[Two years from now, the opposition will be telling the government that he did not keep his promise about the lowered electricity rates.

The government will answer, but don&#039;t you remember how you never lowered the taxes you had promised to lower in your last legislature?

The Opposition will say &quot;but there was a recession, the proportions of which hadn&#039;t been around for many, many years.&quot;

The Government will say &quot;Ah, but the recession is still with us! So nobody can blame us&quot; to the thunder of banging and applause on the parliament benches.]]></description>
			<content:encoded><![CDATA[<p>Two years from now, the opposition will be telling the government that he did not keep his promise about the lowered electricity rates.</p>
<p>The government will answer, but don&#8217;t you remember how you never lowered the taxes you had promised to lower in your last legislature?</p>
<p>The Opposition will say &#8220;but there was a recession, the proportions of which hadn&#8217;t been around for many, many years.&#8221;</p>
<p>The Government will say &#8220;Ah, but the recession is still with us! So nobody can blame us&#8221; to the thunder of banging and applause on the parliament benches.</p>
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		<title>
		By: giraffa		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677772</link>

		<dc:creator><![CDATA[giraffa]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 14:55:58 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-677772</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677371&quot;&gt;Miss O&#039;Brien&lt;/a&gt;.

&#039;LECCA CULI&#039; all of them - seeing the bottom line without bothering to look deeper at the vague proposal fed to them by Labour.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677371">Miss O&#8217;Brien</a>.</p>
<p>&#8216;LECCA CULI&#8217; all of them &#8211; seeing the bottom line without bothering to look deeper at the vague proposal fed to them by Labour.</p>
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		<title>
		By: H.P. Baxxter		</title>
		<link>https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677646</link>

		<dc:creator><![CDATA[H.P. Baxxter]]></dc:creator>
		<pubDate>Wed, 09 Jan 2013 14:15:56 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=25613#comment-677646</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677611&quot;&gt;Jozef&lt;/a&gt;.

Has ANYONE even noticed that we&#039;ve been reduced to GUESSING Labour&#039;s electoral programme? 

I mean my god, WHERE is our intellectual class? 

We&#039;re out of the arena of political opinion and into sheer immorality here. Vote for the unkown. Give us a chance and you&#039;ll see. Go on take a leap in the dark. And they call it European progressive politics?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2013/01/guest-post-caveat-emptor-the-buyer-beware/#comment-677611">Jozef</a>.</p>
<p>Has ANYONE even noticed that we&#8217;ve been reduced to GUESSING Labour&#8217;s electoral programme? </p>
<p>I mean my god, WHERE is our intellectual class? </p>
<p>We&#8217;re out of the arena of political opinion and into sheer immorality here. Vote for the unkown. Give us a chance and you&#8217;ll see. Go on take a leap in the dark. And they call it European progressive politics?</p>
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