Not good for AGL. Very poor decision for the long term. A New...

Not good for AGL. Very poor decision for the long term.

A New Yorker like Vesey should be more sanguine.

Vesey should check out how some companies such as Go Ahead Group are working with the English/ British Government to deal with militant strike action, TransAlta Pipelines in dealing with the Canadian Government not to mention President Obama and also Boral in dealing with construction across Australian construction sites itself.

So then you have Vesey backing down in the face of a militant labor union. Now lame duck Turnbull may be history in the new year but Bishop or Morrison or Porter will back business and capital so Vesey's decision to back down is short-sighted, will adversely impact Loy Yang and will reduce long term profits.

If Vesey wants to deal with militants, he can resign from AGL and come back to the cold of NYC where he will find Mayor Di Blasio will give him his wish and have a wacky time with him protesting against God, the police, the color white and any other facet of society they so hate.

Where Vesey is taking gas and electricity markets in Australian retail consumption does not strike my mind as very productive in spite of the SP.

Let us hope this Vesey complacency gets cut down b4 it envelopes the whole company.