| No sh!t, Sherlock? on 07:55 - Mar 22 with 1416 views | BlueBadger |
Yes, but sleeping bags at British Leyland, or something. |  |
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| No sh!t, Sherlock? on 07:58 - Mar 22 with 1406 views | BanksterDebtSlave |
But it's for your own good.....pension funds or something. |  |
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| No sh!t, Sherlock? on 08:00 - Mar 22 with 1385 views | bluelagos |
| No sh!t, Sherlock? on 07:58 - Mar 22 by BanksterDebtSlave |
But it's for your own good.....pension funds or something. |
Have you not found the full £60k for your pension pot Bankster?
#striversnotshirkers |  |
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| No sh!t, Sherlock? on 08:12 - Mar 22 with 1330 views | Churchman |
The water companies are privately owned. Their first duty is to the shareholders. If that means keeping costs down by tipping sewage into the sea and rivers while not spending a penny on upgrades or maintenance, from a shareholder perspective that’s doing right by them.
My water bill has gone up about 13% this year. Inflation stands ar 10.4%. We can’t do without water so as a monopoly the water company can and are ramping prices up.
Despite bleating from the HoL telling what’s been blindingly obvious for years, nothing will happen. Never forget Joseph Bazelgette’s (one of the great engineers) magnificent London sewage system was only built in the 19c when the stench got too much even for the politicians - ‘The Great Stink’.
We we have people in charge who believe in small government and that the private sector will always provide the best solution. And they have for the shareholders. Maximise profit and who cares about the environment. It’s not as if the people that own these companies actually live here. |  | | |
| No sh!t, Sherlock? on 08:25 - Mar 22 with 1284 views | lowhouseblue |
| No sh!t, Sherlock? on 08:12 - Mar 22 by Churchman |
The water companies are privately owned. Their first duty is to the shareholders. If that means keeping costs down by tipping sewage into the sea and rivers while not spending a penny on upgrades or maintenance, from a shareholder perspective that’s doing right by them.
My water bill has gone up about 13% this year. Inflation stands ar 10.4%. We can’t do without water so as a monopoly the water company can and are ramping prices up.
Despite bleating from the HoL telling what’s been blindingly obvious for years, nothing will happen. Never forget Joseph Bazelgette’s (one of the great engineers) magnificent London sewage system was only built in the 19c when the stench got too much even for the politicians - ‘The Great Stink’.
We we have people in charge who believe in small government and that the private sector will always provide the best solution. And they have for the shareholders. Maximise profit and who cares about the environment. It’s not as if the people that own these companies actually live here. |
"Their first duty is to the shareholders."
actually a prior legal duty is to their regulator. the issue here is regulatory failure and not enforcing environmental standards with financial penalties. i have no problem with there being a return on capital invested in the industry (capital isn't free) but it should depend entirely on observing environmental laws and regulation - a condition which has not been enforced. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Plenty of sh!t actually, mostly over our beaches (n/t) on 08:33 - Mar 22 with 1234 views | Swansea_Blue |
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| No sh!t, Sherlock? on 09:09 - Mar 22 with 1206 views | Guthrum |
| No sh!t, Sherlock? on 08:25 - Mar 22 by lowhouseblue |
"Their first duty is to the shareholders."
actually a prior legal duty is to their regulator. the issue here is regulatory failure and not enforcing environmental standards with financial penalties. i have no problem with there being a return on capital invested in the industry (capital isn't free) but it should depend entirely on observing environmental laws and regulation - a condition which has not been enforced. |
This.
Which also encapsulates why hedge fund-owned governments like the present one are so keen on deregulation (and thus were so desperate to decouple from the EU). Rules laws and taxes all inhibit them from grasping and hoarding their wealth. |  |
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| No sh!t, Sherlock? on 09:37 - Mar 22 with 1135 views | J2BLUE |
Why not? All the cool kids are dumping sewage.
Elon Musk wants to dump 140,000 gallons of 'treated wastewater' per DAY into the Colorado River. |  |
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| No sh!t, Sherlock? on 09:45 - Mar 22 with 1122 views | NthQldITFC |
About twenty years ago I had a small-scale, personal epiphany. Nothing at all revelatory or clever or anything like that, just a sudden realisation or perhaps more of a deep and inevitable acceptance that "we can't go on like this".
I used to work in R&D at a light chemical industry site. As I walked out of the labs one sunny summer evening, I stopped dead in my tracks looking across the site at the steam leaking from the external pipework and something just switched in me. I'd always been interested in nature, but it was right then that I fundamentally realised that we were slowly destroying everything that we depend on and love, for our own short-term gains, and that we were all complicit in it. I stood still in a bit of a daze for a minute or two, then went home.
This was a couple of decades after Thatcher and Sid and council houses etc., and somehow up until that point I had been happy to be part of that system. But ever since then I've felt in a deep and instinctive (rather than well-informed) way that our whole culture and economic structure is a slow suicide to which we are all contributing by not making any real effort to change.
The obscenity of water and energy and transport, particularly, being a mechanism to drag as much wealth up to the top of the pyramid as possible, whilst lying and cheating and inciting the complicity of those further down the pyramid, absolutely revolts me. It makes me feel sick to my core. And the wealth is just an abstract measure of something infinitely more dangerous. It represents the destruction of beauty and health and happiness in us and in our environment.
We are deeply tied into this whole 'shareholder' thing in our pensions and investments, and we support the evil, rotten mechanism of a capitalist system which demands continuous growth in a finite world, a finite world which is already terrifying close to collapse on so many fronts. We need governmental change immediately, but what we also need immediately is a quiet, personal acceptance within ourselves as individuals that we have to fundamentally change our expectations and values away from money and wealth and stockpiling, and into health and happiness and a future for our children.
And then we need to force that change 'upwards' through the one thing we still have, democracy, into a radically different future for our country, and for the world.
I have had a rant. |  |
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| No sh!t, Sherlock? on 15:26 - Mar 22 with 937 views | factual_blue |
That was known to be the case back in the 80s. Privatisation was a way for the tory government to dodge that cost bullet and let the dividend-driven private companies shoulder the blame.
To give some perspective, in the 1980s, London's sewers were already over 100 years old.
And if you haven't seen Paul Whitehouse's excellent couple of programmes on this, grab them on iPlayer, before they fall foul ofthe blustering outrage of lee anderson and the gammons. |  |
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| No sh!t, Sherlock? on 17:47 - Mar 22 with 834 views | NthQldITFC |
| No sh!t, Sherlock? on 15:26 - Mar 22 by factual_blue |
That was known to be the case back in the 80s. Privatisation was a way for the tory government to dodge that cost bullet and let the dividend-driven private companies shoulder the blame.
To give some perspective, in the 1980s, London's sewers were already over 100 years old.
And if you haven't seen Paul Whitehouse's excellent couple of programmes on this, grab them on iPlayer, before they fall foul ofthe blustering outrage of lee anderson and the gammons. |
Was that Paul Whitehouse, or Paul Sh!tehouse (thanks for that one Bob)?
I'll have a look at those, cheers, I've seen something on Bazalgette's work before and I found it fascinating. Also a big fan of Paul Whitehouse, so win-win. | |
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| No sh!t, Sherlock? on 18:40 - Mar 22 with 786 views | factual_blue |
| No sh!t, Sherlock? on 17:47 - Mar 22 by NthQldITFC |
Was that Paul Whitehouse, or Paul Sh!tehouse (thanks for that one Bob)?
I'll have a look at those, cheers, I've seen something on Bazalgette's work before and I found it fascinating. Also a big fan of Paul Whitehouse, so win-win. |
Bazalgette's descendant is in TV and brought us, amongst other things, Big Brother.
It would therefore be reasonable to say that what one Bazalgette removed, the other put back. | |
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