This is nothing short of racketeering, and should be halted by the government stepping in and imposing energy price regulation now. The figure is a snapshot of how much suppliers would make from dual-fuel customers if energy prices and bills stayed unchanged for the next year, but who says energy prices are not going up again during that period?
So we face a huge profiteering increase like this in one year, and the government isn't even bleating about it. Just telling people to shop around and look elsewhere. But if all these big energy racketeers all rack up their prices together, as they inevitably do, how can you shop around? Where do you look elsewhere?
Truth is, it's high time these energy company racketeers were stopped in their tracks with price regulation. This is something Britain had plenty of in the 1950's, an earlier period of austerity after World War 2. Even the price of a loaf of bread was regulated then, and all coal and fuel prices too. Fat-cat scum like our present energy racketeers would have probably been arrested, and their companies turned over to nationalisation, which meant low profits and low prices.
Companies were allowed to make a profit in those days, of course, but it had to be an officially approved level of profit; enough to live comfortably on, but no more. So even if you owned a big company, you had to work for your living, just like you and me. So back then nobody was allowed to become disgustingly rich, but nobody starved either. And it worked, and got us through some dark days. It's what is needed now: price regulation of everything that is a necessity, including all fuel and energy. When the country is going through an economic crisis, as we are currently, it should be the wealthiest who take the biggest financial hits, not the poorest. The bankers, who landed us in this mess, should take the biggest hit of all.
You can understand why these protests against the filthy rich bankers and racketeers are taking place all over the world - people have about had enough. Hopefully there will be a massive take-up of these protests everywhere, and governments will have to do something about meeting the demands of the people, or they will get chucked out, or strung up.
Nobody wants anarchy, but that's what we'll get, big-time, if there is no price regulation. What has been seen in New York and London and other big cities throughout the world recently will be nothing to what is to come, if governments don't get their acts together and start imposing price regulations. Want to give support online? Go here:
http://www.avaaz.org/en/the_world_vs_wall_st/?cl=1329104424&v=10657
