God bless Thatcherism which created a nation of shareholders and which paved the way for huge private sector profits and salaries, the eventual purchase of all the major utilities- gas, water and electricity to foreign governments and now the need for taxpayer's to come back in to possibly bale them out. You couldn't make it up
Even better you curb public sector pay increases because of their impact inflation but it's got nothing to do with these profits at all.
It must have been the safest area to buy shares and it gets bailed out when it fucks up!!
Quote from: imtommygunn on June 29, 2023, 08:58:01 AM
Even better you curb public sector pay increases because of their impact inflation but it's got nothing to do with these profits at all.
Even that ultra left wing organisation the IMF is attributing a lot of the inflation being experienced in the UK and Europe is excess corporate profits..
https://www.marketwatch.com/story/imf-puts-blame-on-greedflation-for-rise-in-prices-5b565289 (https://www.marketwatch.com/story/imf-puts-blame-on-greedflation-for-rise-in-prices-5b565289)
We're being stroked people.
Last line sums it up Johnny. In all roads and directions
Absolutely. Have thought this for a very long time.
Can someone explain this to me please?? How can a company issue bonuses or even dividends if the company is run at a loss? So its all just a grift, take over a company, load it with debt, pay yourself and shareholders loads of cash and leave it in the shit. How is there no protection against this shit, especially for essential amenities such as water, energy etc.
Utilities such as water and electricity shouldn't be privatised.
As a result of privatisation NI Electricity is now owned by ESB. The loyalist workers in the power stations in Carrickfergus and Larne who were able to bring the place to a standstill in the 1970s at the drop of Paisley's hat must love that
Quote from: seafoid on June 29, 2023, 10:02:20 AM
Utilities such as water and electricity shouldn't be privatised.
When Eire needed the bailout and Troika were in control they wanted these privatised as they know they're cash cows for the share holders...
"Eire"
Wtf???,
Quote from: Dougal Maguire on June 29, 2023, 10:08:27 AM
As a result of privatisation NI Electricity is now owned by ESB. The loyalist workers in the power stations in Carrickfergus and Larne who were able to bring the place to a standstill in the 1970s at the drop of Paisley's hat must love that
Its actually worse than that for the Little Englanders in the North.
NIE own the power networks. There are three main power stations in NI, ESB have owned Coolkeeragh for decades and Kilroot/Ballylumford are owned by a Eastern European company. SONI who operate the Transmission Network are owned by Eirgrid, another ROI Semi State.
Always good when Jim is panicing
https://www.belfasttelegraph.co.uk/news/politics/jim-allister-urges-dup-minister-to-take-control-of-ni-electricity-amid-monopoly-controversy/41970043.html
;D ;D ;D
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
Quote from: johnnycool on June 30, 2023, 09:08:36 AM
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
A scrounger is still a scrounger no matter what, the problem is not going after the big fat cat scroungers who have been ripping people off for years, better still, they are getting voted in by the those complaining of getting ripped off by those in government!!
Quote from: Milltown Row2 on June 30, 2023, 09:26:11 AM
Quote from: johnnycool on June 30, 2023, 09:08:36 AM
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
A scrounger is still a scrounger no matter what, the problem is not going after the big fat cat scroungers who have been ripping people off for years, better still, they are getting voted in by the those complaining of getting ripped off by those in government!!
Ai but why is a scrounger who some would perceive is robbing in the manner of thousands portrayed to be so much worse than say your woman Mone or some of those tory cronies who got covid contracts with zero knowhow of PPE equipment... Then there's the expenses that are in hundreds of k a year per politician paying their own bills and subsidising their own dinners etc.
Quote from: Milltown Row2 on June 30, 2023, 09:26:11 AM
Quote from: johnnycool on June 30, 2023, 09:08:36 AM
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
A scrounger is still a scrounger no matter what, the problem is not going after the big fat cat scroungers who have been ripping people off for years, better still, they are getting voted in by the those complaining of getting ripped off by those in government!!
The big fat cat scroungers are the ones making the laws though, what do you do about that?
Corbyn was campaigning on a radical, socialist ticket and had everything thrown at him from the media, the lobbying groups and even from within his own party.
The establishment looks after itself.
https://twitter.com/i/status/1674675855895715840 (https://twitter.com/i/status/1674675855895715840)
Quote from: johnnycool on June 30, 2023, 10:52:42 AM
Quote from: Milltown Row2 on June 30, 2023, 09:26:11 AM
Quote from: johnnycool on June 30, 2023, 09:08:36 AM
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
A scrounger is still a scrounger no matter what, the problem is not going after the big fat cat scroungers who have been ripping people off for years, better still, they are getting voted in by the those complaining of getting ripped off by those in government!!
The big fat cat scroungers are the ones making the laws though, what do you do about that?
Corbyn was campaigning on a radical, socialist ticket and had everything thrown at him from the media, the lobbying groups and even from within his own party.
The establishment looks after itself.
https://twitter.com/i/status/1674675855895715840 (https://twitter.com/i/status/1674675855895715840)
That's what I've put in my post, these brain dead voters are always voting in these self serving parasites and then complain!
The radical change would need to be that these MP's and ministers will get a jail sentence if found to be making money of the back of anything outside of their actual job of running the country, you'd see a right few public school kids changing their career path off the back of it
Quote from: Milltown Row2 on June 30, 2023, 01:33:15 PM
Quote from: johnnycool on June 30, 2023, 10:52:42 AM
Quote from: Milltown Row2 on June 30, 2023, 09:26:11 AM
Quote from: johnnycool on June 30, 2023, 09:08:36 AM
Quote from: Wildweasel74 on June 30, 2023, 12:00:31 AM
Sure they bring in water charges here, and somehow end up owing money, not finance the public purse.
Thames water like a lot of these privatised companies took on huge debts to pay for "infrastructure" improvements all in the while paying out big dividends to their shareholders who can now walk away from this debt scot free as us tax payers will now come in and re-nationalise them, only for them to be privatised again once their debts are sorted and the whole shit show begins again.
Same with the UK Railways.
The laws are written by the rich for the rich, but look over there, someones claiming benefits whilst working, shame on them, the scroungers.
A scrounger is still a scrounger no matter what, the problem is not going after the big fat cat scroungers who have been ripping people off for years, better still, they are getting voted in by the those complaining of getting ripped off by those in government!!
The big fat cat scroungers are the ones making the laws though, what do you do about that?
Corbyn was campaigning on a radical, socialist ticket and had everything thrown at him from the media, the lobbying groups and even from within his own party.
The establishment looks after itself.
https://twitter.com/i/status/1674675855895715840 (https://twitter.com/i/status/1674675855895715840)
That's what I've put in my post, these brain dead voters are always voting in these self serving parasites and then complain!
The radical change would need to be that these MP's and ministers will get a jail sentence if found to be making money of the back of anything outside of their actual job of running the country, you'd see a right few public school kids changing their career path off the back of it
In a UK wide context, who do you vote for? Starmers Labour won't tackle the tax avoidance, siphoning off of dividends in utilities etc etc, heck he was even at Murdocks garden party, he's bought and paid for by the establishment.
IF (big) SF do get into power in the Dáil it'll be interesting to see how far they go with their socialist agenda as being in opposition is very different to actually having your hands on the levers of power.
I know, but actually holding them to account and investigating all links to billionaires and bringing charges that are upheld if found guilty will, at the very least make them think twice.
This is the most unlikeable government period I've ever had the misfortune to live through, and I lived a good chuck of them through Thatcher!