Governments and lost minds

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I went to the bank the other day, armed with a new business plan. I wanted to start a new business. Oh, they said, and what might that be? I want to set up a business with a new hydro generating plant.

Oh, they said, do you have any customers? No, but I hope to have some in a few years. You’re kidding, they said. Get out!

Sound familiar?

It seems our government is so hell-bent on plowing this project through the House of Assembly that they have all lost their minds. Jerome Kennedy says we have a term paper, signed by Stephen Harper himself. Term paper? Hmm, isn’t that what my grandkids get in school before final exams? Yes, but we will get an improved version once all the lawyers are paid their millions. Seems Quebec is not happy with this. Not an issue. This is a typical political monkeywrench thrown in to confuse the issue. Quebec is not an issue here.

This is our taxpayers’ money they are spending here. Our future. Don't they know that? When Churchill Falls is unhooked from “the contract,”

we will have all the power we need. Instead, they are planning a farty little hydro project that will cost of billions of dollars. Have they gone mad?

We don’t have any sales contracts, and even if they did, I bet, just bet, that our children and grandchildren will be paying through their eye teeth for generations to come. But how about the power calculator? Now let’s get real. Who are they kidding here?

Seems natural gas wasn’t studied with enough depth to qualify for a chance to solve this, because our tunnel-vision government is fixated on oil. Let’s get a decent study on the natural gas issue. Cleaner than oil.

It will never be soon enough to get rid of this tunnel-vision government.

Keith Young

Mount Pearl

Geographic location: Quebec

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  • Winston Adams
    December 11, 2012 - 14:11

    John says 'this deal is for the ratepayers'--- and what a deal it is. It is so good that you can't opt out. As the costs for this power gets passed along to us, and more people opt for efficient heating to reduce costs--- whoops, too late -- you are reducing demand and impairing Nalcors cash flow. Your energy efficiency just caused us to again increase power rates to offset declining demand.That's how it is designed to work. It's like buying a hybrid car, and the oil company saying 'sorry, we have to charge you more for gas because you are using less.' Now this is what we have voted for. Most of our people thinks this is a good deal, like John Smith. But most don't realize this is how it will work. WELCOME TO ALICE IN WONDERLAND, where everything works backwards. Some deal John. Hatched by Danny Williams, with results likely to be a deal like Cable Atlantic to Rogers-- valued at $3000.00 per cable subscriber, and thus sold for 225 million. And so some called him Danny Millions. That really lowered our cable rates, hey John? And that's business. Seems many admire Danny Williams. But has he got the average Joe's interest at heart? Maybe so, who am I to judge.

  • John Smith
    December 09, 2012 - 09:07

    Wow...someone actually sat down and wrote this, and went through the trouble to send it to the telegram? Hilaious. First off, this deal is for the rate payers in NL....the rate payers in NL will pay for the project. A better analogy would be going into a bank and saying I have hundreds of thousands of captive customers....that is why the banks a waiting in line to loan us money...they don't want the guarantee, because they will make more without it.This is not about selling power with contracts...we will sell on the spot market, when the time is right, when the time is not right(time of day, pricing, etc.) we will store the water. This project is not about sales to the mainland. In fact, if industry ramps up like I think it will, we will be sending very little if any Muskrat power over the line. If we develop other sources in the future, then we can ship more power. We got in trouble with the UC with contracts...glad we don't have them this time.Quebec is not happy because they fear they will not be in control of our destiny, they are afraid that we may have come up with a way to get around their monopoly...they should be afraid, because we have.The above letter shows the utter ignorance, and laziness of some people...who will write tripe to a newspaper, yet know nothing about the subject they are writing about. I feel sorrow, for you Mr. Young...just sorrow...

  • Cyril Rogers
    December 08, 2012 - 20:46

    While I fully concur with your sentiments, it is unfortunate that they will have taken us over a "fiscal cliff" of our own with this pathetic deal to develop Muskrat Falls at this time By 2015, they will have wasted enough dollars that we will not be able to pull back. It will be small consolation that their names will go down on the worst deal this province will have ever seen. So much money for so little power is frustrating beyond words.

  • Hello
    December 08, 2012 - 18:34

    I think its time for the children to speak out on this project, they are the ones who are going to have to pay for it. I'm sure if you asked any 10 year old about democracy they would want it. These children were taught that people gave their lives for democracy. This government is about to put an awful debt on our children, this is so unfair. Our money should be used for infrastructure, schools, hospitals, road, etc.