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Matov 29 Aug 22 3.18pm
Originally posted by Stirlingsays Energy independence isn't possible in the near to even mid-term future...even if we took expensive stops now. I agree. But that is still not an excuse for it not to be started now as a national goal. Something people really could get behind. Vast gas fields off the NW coast, huge oil reserves, building nuclear power plants, a national research drive into solar. Energy autarky should be an absolute given for any nation worthy of calling itself one. And as to those people who own our water industry. Aussie and Arabs. With the ever-so-trustworthy Chinese thrown in for good measure. Says it all. "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell.
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Matov

29 Aug 22 3.18pm

Originally posted by Stirlingsays

Energy independence isn't possible in the near to even mid-term future...even if we took expensive stops now.

I agree. But that is still not an excuse for it not to be started now as a national goal. Something people really could get behind. Vast gas fields off the NW coast, huge oil reserves, building nuclear power plants, a national research drive into solar. Energy autarky should be an absolute given for any nation worthy of calling itself one.

And as to those people who own our water industry. Aussie and Arabs. With the ever-so-trustworthy Chinese thrown in for good measure. Says it all.

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell.

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cryrst The garden of England 29 Aug 22 4.48pm
Originally posted by steeleye20 We want nationalised concerns to be efficient that's the point. It cannot be the bad old days of British rail, it doesn't have to be. Rail is already being re-nationalised by the tories although they don't like to admit it. These industries should appear as assets on the nations balance sheet owned by us and part of our wealth. Water, for example, is life, it should be ours not private share-holders. Rant over. Why make them �assets� if they are never going to be sold?
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cryrst

The garden of England 29 Aug 22 4.48pm

Originally posted by steeleye20

We want nationalised concerns to be efficient that's the point.

It cannot be the bad old days of British rail, it doesn't have to be.

Rail is already being re-nationalised by the tories although they don't like to admit it.

These industries should appear as assets on the nations balance sheet owned by us and part of our wealth.

Water, for example, is life, it should be ours not private share-holders.

Rant over.

Why make them �assets� if they are never going to be sold?

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cryrst The garden of England 29 Aug 22 4.52pm
Originally posted by steeleye20 Thames Water is an Australian-led consortium (strewth). The Abu Dhabi Investment Authority. The China Investment Corporation. The Canada pensions Group. Kuwaiti investment Authority, and so on various others. Of course they take a direct personal interest in the environment and clean water for British consumers. (satire) The Abu Dhabi Investment Authority in particular offers expertise in water leakage technology.(?) In March 2017 a judge imposed a record fine of �20.3m on Thames Water after large leaks of untreated sewage, totalling 1.4bn litres, occurred over a number of years. Well Margaret's not here, John Major is as quiet as a church mouse, but I think she would do something about it. What about most peoples pensions wrapped up in some capacity no matter how little. Including state workers I would imagine. When these companies are nationalised what happens to the shares that our pensions are invested in or does that not matter as long as gas and electric doesn�t peak and trough in price; as it always has.
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cryrst

The garden of England 29 Aug 22 4.52pm

Originally posted by steeleye20

Thames Water is an Australian-led consortium (strewth).

The Abu Dhabi Investment Authority.
The China Investment Corporation.
The Canada pensions Group.
Kuwaiti investment Authority, and so on various others.

Of course they take a direct personal interest in the environment and clean water for British consumers. (satire)

The Abu Dhabi Investment Authority in particular offers expertise in water leakage technology.(?)

In March 2017 a judge imposed a record fine of �20.3m on Thames Water after large leaks of untreated sewage, totalling 1.4bn litres, occurred over a number of years.

Well Margaret's not here, John Major is as quiet as a church mouse, but I think she would do something about it.

What about most peoples pensions wrapped up in some capacity no matter how little.
Including state workers I would imagine. When these companies are nationalised what happens to the shares that our pensions are invested in or does that not matter as long as gas and electric doesn�t peak and trough in price; as it always has.

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JRW2 Dulwich 29 Aug 22 5.05pm
Originally posted by cryrst What about most peoples pensions wrapped up in some capacity no matter how little. Including state workers I would imagine. When these companies are nationalised what happens to the shares that our pensions are invested in or does that not matter as long as gas and electric doesn�t peak and trough in price; as it always has. At worst, shares could be cancelled without compensation, but unless Jeremy Corbyn, John Mcdonnell or another left-wing maniac were in charge, that wouldn't happen. Likeliest outcome is the issue of government debt to shareholders. What would almost certainly not happen is a cash payment equivalent to the market price before the announcement.
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JRW2

Dulwich 29 Aug 22 5.05pm

Originally posted by cryrst

What about most peoples pensions wrapped up in some capacity no matter how little.
Including state workers I would imagine. When these companies are nationalised what happens to the shares that our pensions are invested in or does that not matter as long as gas and electric doesn�t peak and trough in price; as it always has.

At worst, shares could be cancelled without compensation, but unless Jeremy Corbyn, John Mcdonnell or another left-wing maniac were in charge, that wouldn't happen. Likeliest outcome is the issue of government debt to shareholders. What would almost certainly not happen is a cash payment equivalent to the market price before the announcement.

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steeleye20 Croydon 29 Aug 22 5.47pm
Originally posted by JRW2 At worst, shares could be cancelled without compensation, but unless Jeremy Corbyn, John Mcdonnell or another left-wing maniac were in charge, that wouldn't happen. Likeliest outcome is the issue of government debt to shareholders. What would almost certainly not happen is a cash payment equivalent to the market price before the announcement. As a 'left wing maniac' I don't see why the taxpayer, who these outfits have been milking for many years, should pay any compensation at all. They can get lost.
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steeleye20

Croydon 29 Aug 22 5.47pm

Originally posted by JRW2

As a 'left wing maniac' I don't see why the taxpayer, who these outfits have been milking for many years, should pay any compensation at all.

They can get lost.

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cryrst The garden of England 29 Aug 22 7.21pm
Originally posted by steeleye20 As a 'left wing maniac' I don't see why the taxpayer, who these outfits have been milking for many years, should pay any compensation at all. They can get lost. So what about if it�s your future at stake in shares. Would that be okay with you ?
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cryrst

The garden of England 29 Aug 22 7.21pm

Originally posted by steeleye20

As a 'left wing maniac' I don't see why the taxpayer, who these outfits have been milking for many years, should pay any compensation at all.

They can get lost.

So what about if it�s your future at stake in shares.
Would that be okay with you ?

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