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Author Topic: Southern water.  (Read 3043 times)

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Sir Tigger KC

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Re: Southern water.
« Reply #15 on: 01 July 2019, 21:19:39 »

As a badly regulated monopoly, they are licence to print money companies, with profits of up to 25%. Needless to say European governments have bought some of them so we subsidise their taxpayers.....

There was a video doing the rounds on facebook at the last election of people from Holland, Germany, France, Sweden, Denmark etc saying thanks to the British people for subsidising their utilities through our expensive water and power bills.  ::)

It was a Momentum production, so may have been fake news, but I'm sure it wasn't what Margaret Thatcher had in mind.  ???  :-\
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Rods2

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Re: Southern water.
« Reply #16 on: 02 July 2019, 19:32:48 »

IMV when they were privatised their ownership by other state governments should have been prohibited, along with a limit on the maximum percentage of shares in overseas hands.
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Lizzie Zoom

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Re: Southern water.
« Reply #17 on: 02 July 2019, 20:20:31 »

IMV when they were privatised their ownership by other state governments should have been prohibited, along with a limit on the maximum percentage of shares in overseas hands.

But that it not how the free market, capitalist system works. You place a nationalised company on the open market, as a listed company, and surprise, surprise you get investors who want profits, not restrictions. Any controls is not how it works.  No, the water utilities at least, that rely on a free national, belonging to the people, resource that comes out of the sky, must be nationalised. ;)
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Doctor Gollum

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Re: Southern water.
« Reply #18 on: 02 July 2019, 22:10:24 »

IMV when they were privatised their ownership by other state governments should have been prohibited, along with a limit on the maximum percentage of shares in overseas hands.

But that it not how the free market, capitalist system works. You place a nationalised company on the open market, as a listed company, and surprise, surprise you get investors who want profits, not restrictions. Any controls is not how it works.  No, the water utilities at least, that rely on a free national, belonging to the people, resource that comes out of the sky, must be nationalised. ;)
Since when was the EU a free market?  :o

Incidentally, in some Counties and States in the US, rain water belongs to the County/State and collecting it is illegal.
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Lizzie Zoom

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Re: Southern water.
« Reply #19 on: 03 July 2019, 09:32:45 »

IMV when they were privatised their ownership by other state governments should have been prohibited, along with a limit on the maximum percentage of shares in overseas hands.

But that it not how the free market, capitalist system works. You place a nationalised company on the open market, as a listed company, and surprise, surprise you get investors who want profits, not restrictions. Any controls is not how it works.  No, the water utilities at least, that rely on a free national, belonging to the people, resource that comes out of the sky, must be nationalised. ;)
Since when was the EU a free market?  :o

Incidentally, in some Counties and States in the US, rain water belongs to the County/State and collecting it is illegal.

Right, exactly what I was touching on, but in our free commercial markets where individuals and companies wheel and deal freely in stocks , shares, and ownership in business (if you do not think all that is free, just look at Russia or China and other authoritarian states) then almost anything is up for grabs, including "property" that should belong to the people.  In the capitalist world all you really need is money, and even so called gegulations, as we often seem, does not stop them gaining that in any way possible.   ;)
« Last Edit: 03 July 2019, 09:36:26 by Lizzie Zoom »
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