I’m absolutely flabbergasted to find out that, when they told us privatisation would lead to greater private investment, they were lying. Next you’ll be telling me the whole things was a con from the start, designed to make rich people richer at our expense. westenglandbylines.co.uk/region/was-t... - ThreadSky

pwrussell.bsky.social • 83 days ago

I’m absolutely flabbergasted to find out that, when they told us privatisation would lead to greater private investment, they were lying. Next you’ll be telling me the whole things was a con from the start, designed to make rich people richer at our expense.

https://westenglandbylines.co.uk/region/was-there-ever-shareholder-support-for-thames-water/

Comments

janemick.bsky.social•82 days ago

who would have thought it eh?

pwrussell.bsky.social•82 days ago

Yes I’m gobsmacked.

talkwithsaul.bsky.social•82 days ago

Don't worry peasant, it will all start trickling down in no time

pwrussell.bsky.social•82 days ago

I’m sure you’re right.

dwblue.bsky.social•82 days ago

Almost like setting up a private monopoly that can greatly increase fees without loss of customers, borrow vast amounts & then give it to shareholders & so have no money left for infrastructure improvements......is a scam?

pwrussell.bsky.social•82 days ago

Yes, almost exactly like that!

ianafraser.bsky.social•82 days ago

Surely not. That would imply we’ve been governed by spivs. I could never believe that the adherents of neoliberalism would stoop to enriching their base’s wealth and power. Never. Really.

pwrussell.bsky.social•82 days ago

No, you’re right. There must some other explanation. Probably all a silly mistake.

shakethescales.bsky.social•82 days ago

Rip-off Britain!

hubertelski.bsky.social•82 days ago

Privatisation cannot work with a monopoly. If we can't take our custom elsewhere, how can 'market forces' keep them on their toes?

pwrussell.bsky.social•82 days ago

‘Market forces’ were only ever a fig leaf for profiteering.

hubertelski.bsky.social•82 days ago

Yep. My parentheses were intended to convey a certain lack of credibility.

pwrussell.bsky.social•82 days ago

Yes, understood! A big con from start to finish.

murmeration.bsky.social•82 days ago

It was more like “

“shit, the state can’t afford to repair all this infrastructure…. Let’s sell it off and make it someone else’s problem. Even if they bill taxpayers, they won’t blame Thatcher….”

musksfragileego.bsky.social•82 days ago

...not for viewers in Scotland.

christy21.bsky.social•82 days ago

Obvious from the start. Both parties painted themselves into a corner with PFI, Rail, Gas, Energy, Water and all the other Crown Jewels.

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