Tuesday, June 14, 2005

Bob Gobsmacked

Bob Geldof has lambasted people prepared to auction their Live 8 tickets on eBay, "The people who are selling these tickets on websites are miserable wretches who are capitalising on people's misery. I am appealing to their sense of decency to stop this disgusting greed." Welcome to the real world Bob, unlike you, some people value £1,000 more than a couple of hours at a televised concert.

Bob's "disgust" is a direct result of Live 8's method of allocating the tickets in the first place. Rather than allocating the tickets through the price mechanism or (cough) an auction, they tried to maximise overall revenue by running a lottery. A secondary market was bound to flourish when there were two million entries chasing just seventy-five thousand tickets. Some people will be prepared to pay far more than £1.50 to attend Live 8.

I suspect Bob's anger also masks some bitterness that each Live 8 ticket has raised only £40. He is happy to gamble on people's misery, just not profit from it!!


Anonymous said...

This shows that for many people this is just another big party, which they will feel left out of if they are not there.

It's more about fashion than compassion.

Anonymous said...

My experiences seem to confirm this as well. Everyone at work wants to go however none seem too concerned about the reason for the event - they just want to see U2.