PPI was a scheme where companies sold financial products to individuals knowing that many would be unable to claim under the terms of the product. PFI, is a scheme whereby government put government borrowing off the government accounts by agreeing to “borrow” money in the third hand way, by getting private companies to do the borrowing and then agreeing to pay the “interest” at extortionate rates (in the guise of rent for the hospitals, schools, etc.)
Now the GWPF and an article by Stop These Things have exposed the £300billion cost of wind. But what even they are only just starting to realise is just how obscene and anti-democratic the whole scam has been:
The report, which is based entirely on official figures, exposes the mischievous attempts by ministers to try and disguise the true cost to households.
“Hardly anyone in Westminster is aware of this even though it is more than double the cost of HS2, Heathrow and Hinckley put together.
How did they get away with such eye-watering costs (£5000 per person) with absolutely no real public scrutiny and except for the GWPF and people like myself? (e.g. Andrew Montford, Josh, Lord Monckton and many other individuals)
The answer is simple, like PFI, the way wind is financed is done in a way that neither the parliaments who agree to it, nor the individuals who pay for the extortionate waste of money, ever actually see as an obvious cost to them. Instead, the cost is nominally born by the electricity companies – but in a way that there is absolutely no competitive advantage in telling the consumer why their bills are going up.
Indeed, like oil companies – electricity companies just love the scam because it drives up costs. That’s because, it’s done in a way where the consumer has no choice (you can’t avoid it by changing company) and as such every company is putting up prices. And because we are far less aware of a 1p on a £2 litre of petrol than a 1p on a 50p litre of petrol electricity companies can cream off more the higher government makes the cost of energy. So they just love energy prices going up – when it’s done in a way that means every company’s prices go up the same amount.
So, just as the oil companies get a higher profit when government tax raises petrol costs, likewise, electricity companies make more money when government forces up the cost of electricity to pay for all those damned bird and bat mincers.
So the consumer never gets told why our bills are going up – “it’s the price of energy deary – is about all most people know”. But …. and here’s the real scam …. because the eye-watering sums going into the pockets of evil wind scammers isn’t a government tax …. there is never any reason for politicians to discuss the obscene and immoral costs or its affects on fuel poverty. BECAUSE IT’S NOT THEIR PROBLEM.
And because the cost is not one politicians are forced to discuss as part of the government budget – the media don’t have a yearly ritual of reminding everyone just how expensive all these government policies are to us personally. And because so many like the BBC are blatant liars on climate – very few people know the truth horrific costs of this obscene policy.
Until the cost of these obscene policies is part of the government budget as it clearly should be no government will ever be held to account.
AND THAT IS WHY THE SCAM WAS FINANCED IN THIS TREACHEROUS WAY – AND BY THAT I MEAN IN A WAY THAT IS TREASONABLE: BECAUSE NO ACCOUNTABILITY MEANS NO DEMOCRATIC ACCOUNTABILITY AND IN A DEMOCRACY FOR A MASSIVE PUBLIC EXPENDITURE LIKE THIS, THAT IS TREASON.
That is the real scandal of wind. Not only is the cost of wind destroying our economy by rising electricity costs, not only is it destroying our scenery and killing wildlife, but it is massively increasing the public debt … but like PFI, that debt does not officially belong to “the government”. Instead, they have effectively signed each of us up to a PPI contract – for a product that has no benefit to use – and like PFI it has an eye-watering publically unaccountable cost (£5000 for each of us). This massive debt, doesn’t appear on government accounts, it doesn’t appear on your own personal accounts, it isn’t even part of electricity company accounts. It is a massive black hole in the accounting system of £300billion – instead it is a debt we will only be aware exists as our energy costs increase and our economic competitiveness falls.
The problem of bringing these PFI and wind costs back into government accounts
As it was the last Labour government who not only so appalling managed the official government debt, but also massively increased it through PFI and wind who are to blame, it would seem pretty easy for the May government to do the honourable thing and bring these costs back onto government books so that they can be examined by parliament as they must.
However, as the BBC and other fifth columnist media outlets were pushing for these treacherous policies in the first place, there is no doubt that they will do all they can to pin the blame on those who are not actually responsible. Instead, all the public will hear from these evil and loathsome media outlets is that the Tories “government debt has gone up by 100s of billions”.
As such, these “off-book” costs need to brought back into accountability in such a way that they do not feed the media parasites of our civilised society.
Therefore I suggest that they are included in future budgets as a separate figure perhaps “unofficial” or “off book” debt. I would also like to see an act of parliament requiring all such debts to be reported in government accounts and for them to be part of any budget.