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perception vs truth

Open Forum for discussing the challenges facing Stora
mr x
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Postby mr x » Wed Sep 13, 2006 7:29 am

The NS Government needs to deregulate the power market. With a guaranteed return and no competition NSP has no incentive to increase their efficiency and lower production costs - they simply pass on costs to the consumer and they will continue to use any excuse to do so.

As for the financial statements you keep mentioning, both NSP and the Union have had the opportunity to see Stora's "books". Neither party has taken the company up on its offer to date - put up or shut up.

With regards to the power rate, it is far too complex an issue for most to understand (myself included) - leave it to the URB and their experts to determine and quit your whining.
If the issue is far to complex for you to understand, why would you say it needs to be deregulated? Dumb. We all see what deregulation did for California with Enron. Disaster. Power distribution cannot be treated like a casino.

Stora has not proven to anyone that they are losing money, plain and simple. Time for them to put up or shut up, not the other way around.

We'll see how anxious Nova Scotian taxpayers are to subsidize Stora and Bowater, their money lining the pockets of foreign investors.



StoraMan2
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Postby StoraMan2 » Wed Sep 13, 2006 1:43 pm

If the issue is far to complex for you to understand, why would you say it needs to be deregulated? Dumb. We all see what deregulation did for California with Enron. Disaster. Power distribution cannot be treated like a casino.

Stora has not proven to anyone that they are losing money, plain and simple. Time for them to put up or shut up, not the other way around.

We'll see how anxious Nova Scotian taxpayers are to subsidize Stora and Bowater, their money lining the pockets of foreign investors.
If you posessed an ounce of reading comprehension you would understand that when I was referring to the "complex issue"it was the issue currently before the URB, i.e. a new rate formula for Stora and Bowater - nothing to do with deregulation.

As for deregulation - Economics 101

Deregulation = competition = lower prices

Surely you can understand that a lack of competition and a guaranteed return will lead to an inefficient operation and inflated prices. To argue that competition would a bad thing is ridiculous.

You're like a broken record, you say you want the company to prove that they are losing money yet you refuse to look at the audited financial statements when they are offered.

You may not believe Stora but if you take what NSP says for Gospel you are a fool.

As fun as it is to have the same old conversations with the same old people it's time to move on and make the best of a difficult situation. Someday this will all be over and you'll find the next issue to spend your time complaining about.

Cheers



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NC
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Postby NC » Wed Sep 13, 2006 3:31 pm

X, calling Enron the fault of deregulation is like calling genocide the fault human breeding. Shake your head man you're not making sense.


Find - Desiderata - read it

mr x
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Postby mr x » Thu Sep 14, 2006 5:42 am

If the issue is far to complex for you to understand, why would you say it needs to be deregulated? Dumb. We all see what deregulation did for California with Enron. Disaster. Power distribution cannot be treated like a casino.

Stora has not proven to anyone that they are losing money, plain and simple. Time for them to put up or shut up, not the other way around.

We'll see how anxious Nova Scotian taxpayers are to subsidize Stora and Bowater, their money lining the pockets of foreign investors.
If you posessed an ounce of reading comprehension you would understand that when I was referring to the "complex issue"it was the issue currently before the URB, i.e. a new rate formula for Stora and Bowater - nothing to do with deregulation.

As for deregulation - Economics 101

Deregulation = competition = lower prices

Surely you can understand that a lack of competition and a guaranteed return will lead to an inefficient operation and inflated prices. To argue that competition would a bad thing is ridiculous.

You're like a broken record, you say you want the company to prove that they are losing money yet you refuse to look at the audited financial statements when they are offered.

You may not believe Stora but if you take what NSP says for Gospel you are a fool.

As fun as it is to have the same old conversations with the same old people it's time to move on and make the best of a difficult situation. Someday this will all be over and you'll find the next issue to spend your time complaining about.

Cheers
It's quite clear that you don't have one ounce of reading comprehension (of your own post at that!). Deregulation would be a job done the URB. Now on one hand you say we need deregulation, and then say we should let the board do it's job and mind our own business because it's too complicated. Dumb, dumb, dumb.

Now, as far as deregulation = lower prices, ask the people out in California how deregulation worked so well when Enron was selling them power on the open market. rotflmfao. You have NO idea about the dangers of open markets. NONE. And then have the audacity to criticize it's obvious faults. Pretty much like all your posts. Ignorance.

It is you who are the broken record, playing Stora management's same old tune.



mr x
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Postby mr x » Thu Sep 14, 2006 5:47 am

X, calling Enron the fault of deregulation is like calling genocide the fault human breeding. Shake your head man you're not making sense.
I didn't call Enron the fault of deregulation, I said look at how disasterous it was. Deregulation screwed the people of California out of billions of dollars. That's how well power deregulation works. To deny that, you are denying history. Who's not making sense here? I can think of two people in particular. lol




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