Comments on: Penny wise and pound foolish https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/ Daphne Caruana Galizia is a journalist working in Malta. Mon, 14 Jan 2013 09:33:21 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Tinnat https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-698075 Mon, 14 Jan 2013 09:33:21 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-698075 In reply to PNtillidie.

Joseph will not spend 10 years as Prime Minister. With his pomposity he will piss off his Cabinet. With his immature policies he will not survive.

]]> By: PNtillidie https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-696758 Mon, 14 Jan 2013 04:08:39 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-696758 Joseph would have spent his 10 years as Malta’s youngest prime minister and would be settled for life so why should he care?

]]> By: Sel https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-695591 Sun, 13 Jan 2013 20:53:44 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-695591 By that time Joseph would have done his 10 years in government and a new government would need to see how to keep prices to a reasonable level.

I have a suspicion that the 10 year period has been chosen to cover a potential re-election after which our dear leader wouldn’t be bothered.

]]> By: QahbuMalti https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-695435 Sun, 13 Jan 2013 19:47:24 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-695435 Joseph’s power ‘solution’ is simply a financial exercise using a new power station as an excuse. We taxpayers will be taking out a loan of €600 million over 25 years.

As anyone with a mortgage knows we will end up paying double – but we also have to pay profit – €1.2 billion.

In return we wil save, if lucky, €0.50 per day. In the meantime the opportunity to save a lot more with our own pipeline, not to mention the security it provides, goes out the window.

We are being asked to take invest in a financial instrument that will have a 25 year term for a 50 cent return – without any opportunity to see the contract and its conditions.

No thanks.

]]> By: Harry Purdie https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-695402 Sun, 13 Jan 2013 19:36:59 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-695402 2025, bend over Malta. Mintoff would be proud.

]]> By: Tinnat https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-695048 Sun, 13 Jan 2013 17:36:21 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-695048 http://www.maltatoday.com.mt/en/newsdetails/news/elections2013/survey-electoral-barometer-20130111

I see this and weep. I cannot believe that a majority of my compatriots are so easily led by the nose (or to put it bluntly, stupid in the real sense of the word).

]]> By: Jozef https://daphnecaruanagalizia.com/2013/01/penny-wise-and-pound-foolish/#comment-694994 Sun, 13 Jan 2013 17:19:09 +0000 http://daphnecaruanagalizia.com/?p=25960#comment-694994 Gaddafi’s children’s allowance.

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