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Re-nationalized
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 Fatherken  29 Aug 22 12.13pm |
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I wonder how many counties in the world have 10 different gas/electric/rail/bus services and water suppliers ?
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| Glazier#1 29 Aug 22 12.19pm |
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According to some on here, that makes you a 'communist' haha.
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| steeleye20 Croydon 29 Aug 22 12.38pm |
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Privatisation is a disaster. Taking water as an example, it appears that water companies borrow huge amounts to forward to shareholders, any input to running the water itself is coincidental, it is just a racket. In 30 years no new reservoirs have been built, pipes are 19th century, leaks everywhere and they put s**t in it. All these private concerns, when they want money to actually do what they are supposed to do, run cap in hand to the taxpayer. People find it hard to believe how bad they are, having been championed by Thatcher and later tory governments.
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| Matov 29 Aug 22 12.51pm |
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Originally posted by steeleye20
People find it hard to believe how bad they are, having been championed by Thatcher and later tory governments. Hands up. Guilty as charged on this one. Been doing a bit of deep dive (as sad as it sounds by the way and the piss-poor pun very much intended) into what happened to Thames Water and it's quite incredible to discover how much it was asset stripped. Just this as an example... [Link] I am certainly not waving a flag for how nationalised industries functioned in the past but the privatisation of them since does leave a lot of questions. Edited by Matov (29 Aug 2022 12.52pm)
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell. |
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| Stirlingsays 29 Aug 22 1.50pm |
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Most people who want nationalisation are only saying that due to cost. The unfortunate thing is that they don't really understand just how much energy this country requires compared to how much we have direct access to ourselves. Energy independence isn't possible in the near to even mid-term future...even if we took expensive stops now. All that green b0llocks and cowards kicking the can down the road to the next shower who in turn kicked the can....well that stopped us from investing in nuclear.....which takes a long time to build. People have backed the politicians and their policies that brought us here and now we have to suffer the consequences. Personally if there are marches over this issue I'd join in on them.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| steeleye20 Croydon 29 Aug 22 1.54pm |
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We want nationalised concerns to be efficient that's the point. It cannot be the bad old days of British rail, it doesn't have to be. Rail is already being re-nationalised by the tories although they don't like to admit it. These industries should appear as assets on the nations balance sheet owned by us and part of our wealth. Water, for example, is life, it should be ours not private share-holders. Rant over.
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| Spiderman Horsham 29 Aug 22 2.01pm |
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Originally posted by Matov
Hands up. Guilty as charged on this one. Been doing a bit of deep dive (as sad as it sounds by the way and the piss-poor pun very much intended) into what happened to Thames Water and it's quite incredible to discover how much it was asset stripped. Just this as an example... [Link] I am certainly not waving a flag for how nationalised industries functioned in the past but the privatisation of them since does leave a lot of questions. Edited by Matov (29 Aug 2022 12.52pm) Despite asset stripping Thames Water, they now have been allowed to own/run Southern Water
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ASCPFC  Pro-Cathedral/caravan park 29 Aug 22 2.04pm |
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Originally posted by Spiderman
Despite asset stripping Thames Water, they now have been allowed to own/run Southern Water The whole thing is a con. I guarantee MPs are shareholders and there are ex or even current MPs on the boards, or in Executive positions.
Red and Blue Army! |
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| steeleye20 Croydon 29 Aug 22 2.20pm |
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Thames Water is an Australian-led consortium (strewth). The Abu Dhabi Investment Authority. Of course they take a direct personal interest in the environment and clean water for British consumers. (satire) The Abu Dhabi Investment Authority in particular offers expertise in water leakage technology.(?) In March 2017 a judge imposed a record fine of £20.3m on Thames Water after large leaks of untreated sewage, totalling 1.4bn litres, occurred over a number of years. Well Margaret's not here, John Major is as quiet as a church mouse, but I think she would do something about it.
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 becky over the moon 29 Aug 22 2.43pm |
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Originally posted by Hrolf The Ganger
A rock and a hard place choice I always think. Do we want shareholders milking the profits or inefficient and wasteful civil servants running things. Any re nationalized service would have to be a lot more answerable and streamlined than they have been in the past. Maybe a unified utility company along the lines of The Crown Estates - they don't seem to have too much trouble running an efficient company and making substantial returns to the Government.
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 Hrolf The Ganger 29 Aug 22 2.57pm |
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Originally posted by becky
Maybe a unified utility company along the lines of The Crown Estates - they don't seem to have too much trouble running an efficient company and making substantial returns to the Government. As I understand it, that is run like a business by an independent board and is not under the direct control of the government.
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| JRW2 Dulwich 29 Aug 22 3.06pm |
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Originally posted by becky
Maybe a unified utility company along the lines of The Crown Estates - they don't seem to have too much trouble running an efficient company and making substantial returns to the Government. Glorified rent collectors as far as I can see. Their website, explaining how they raise money for the Treasury, tells us that they focus on "creating meaningful and lasting financial, social and environmental value". Yes, but how? And 78% of their employees consider the business "a great place to work". Hmmm.
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