Soldato
- Joined
- 4 Feb 2018
- Posts
- 13,316
Worse than this?
I would love to say it couldnt get any worse but the Tories keep proving me wrong every single day.
plan for collapse of Thames Water
- Thread starter Mrwong
- Start date
Worse than this?
I would love to say it couldnt get any worse but the Tories keep proving me wrong every single day.
Soldato
- Joined
- 30 Sep 2005
- Posts
- 16,705
We need to nationalise ALL critical services, as this will happen time and time again. Cream the profits, and when it fails the taxpayer bails it out. They can't lose!
Annoyed me when we bailed out the banks, and when they started to turn a profit, rather than take some to build up the coffers we sold it
I'm not saying nationalise the banks lol, but when you have to bail someone out, don't sell it back straight away when the debts cleared 
In an ideal world, you might say you could put processes in place early on to stop this happening, but anyone who's worked in the public sector will tell you processes mean nothing.
These millions of pounds going on bonuses could be going back into public spending.
Corruption!!!!!
Annoyed me when we bailed out the banks, and when they started to turn a profit, rather than take some to build up the coffers we sold it
I'm not saying nationalise the banks lol, but when you have to bail someone out, don't sell it back straight away when the debts cleared In an ideal world, you might say you could put processes in place early on to stop this happening, but anyone who's worked in the public sector will tell you processes mean nothing.
These millions of pounds going on bonuses could be going back into public spending.
Corruption!!!!!
Last edited:
Well at least the terrorist wing of the Labour party is technically seperate rather than the actual leadership as would be the case with Corbyn.
I see they disrupted the cricket earlier zzz..
Regardless you're a well known drama queen - chill out.
Soldato
- Joined
- 23 May 2006
- Posts
- 7,775
i would never have voted for a Corbyn led labour............ but with hindsite knowing what we know now I disagree. i find it hard to believe it could have been worse.
Soldato
Probably best not to start him off, this lot can do no wrong in his eyes.
Soldato
Soldato
Is this Labour's fault already?
probably something to do with Corbyn TBH.................... am i doing it rite ????
Just shows ofwat are useless.
This is exactly thier job.
No doubt it's the same there. The execs get paid and have an easy life.
"yeah you're OK, customers bills haven't gone up much.. Tick"
Same as ofgem. Exactly same.
Also always the government to skirt the issue. Same as BoE. Can say its up to them o person inflation.
Last edited:
Soldato
If the debt exceeds the value of the assets then the company is essentially worthless. They would acquire the company for £1 and take on the debt. The shareholders would lose all their investment.
Last edited:
Soldato
Again, other parts of the UK already do this with water and railways being under public ownership in Wales and Scotland as examples...
Last edited:
Soldato
- Joined
- 23 May 2006
- Posts
- 7,775
this is how it should work................. but it doesnt seem to.
Dcww is not for profit. And generally the staff are under paid vs market rates
Soldato
We need to nationalise ALL critical services, as this will happen time and time again. Cream the profits, and when it fails the taxpayer bails it out. They can't lose!
Annoyed me when we bailed out the banks, and when they started to turn a profit, rather than take some to build up the coffers we sold it
In an ideal world, you might say you could put processes in place early on to stop this happening, but anyone who's worked in the public sector will tell you processes mean nothing.
These millions of pounds going on bonuses could be going back into public spending.
Corruption!!!!!
Absolutely.
Private companies have shown they are, amazingly, worse at running these sorts of things than the government.
We need the government to build power stations too, not just take a "don't care" backseat.
This is what the UK British public want, this is what they shall get. I hope more critical assets in the UK are stripped of all value, including the NHS, ran poorly, and British people start to actually die due to it, it is after all, what the public want, as anything else would be evil socialism.
Soldato
Is The Market showing its efficiency again?
You want people to die because you cant choke back tears whilst singing Oh Jeremy at the top of your voice.. lol pathetic.
Lefties make me laugh - whinge on about the state of services under public ownership whilst demanding more public ownership.
As if a change of government will suddenly reboot the public sector.
The issue here is the regulator and the public having unrealistic expectations over their contributions.
As if a change of government will suddenly reboot the public sector.
The issue here is the regulator and the public having unrealistic expectations over their contributions.
Needs and wants, and there's no real free market with a need again. it's pretty boring. Housing the trains, Education, the NHS isn't far off, power in a crisis and water looks like it's on the brink.
They are all one-offs tho obviously, and public ownership would have been worse for reasons
They are all one-offs tho obviously, and public ownership would have been worse for reasons
Caporegime
Capitalism, it's great! Until it's not, due largely to **** poor legislation and control.
Legislation is just an excuse for banditry. What the difference between poorly run publicly owned services and poorly run private services ?
50 odd billion in someone's pocket in this case. that everyone has paid for already.