I noted this not long ago:
Yesterday's thread on water has now had 2 million views. Several hundred thousand of those are today, so the figure is still growing. I think that makes it my most successful thread ever.
My total Twitter traffic was well over 4 million views yesterday.
I am now working on another water related thread.
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Fantastic work Richard, a fabulous piece of work revealing the intellectual and moral bankruptcy of Thatcher’s legacy. Great to see it getting so much exposure. You are right about renationalisation with no compensation.
I wonder how labour will deal with this? I’d like to think they’ll join the greens in calling for renationalisation, using your suggestions for how it could be funded. And not have Reeves endlessly repeating ‘iron fiscal discipline’.
” wonder how labour will deal with this? I’d like to think they’ll join the greens in calling for renationalisation, using your suggestions for how it could be funded. And not have Reeves endlessly repeating ‘iron fiscal discipline’.”
Dream on! Under Starmer the Labour Party has become a party of know-nothings like the Tories. Thousands could be dying of dysentery but Sir Keir shrugs and says but I have to balance the government’s books for reasons based on pure nonsensical ignorance! Good job the country hasn’t got to fight a major war!
“Last year the shadow chancellor, Rachel Reeves, ditched the Labour party’s policy to nationalise water, saying: ‘Within our fiscal rules, to be spending billions of pounds on nationalising things, that just doesn’t stack up against our fiscal rules.’ ”
https://www.theguardian.com/politics/2023/jun/30/labour-mps-urge-keir-starmer-to-commit-to-nationalising-thames-water
Could anybody tell me what the point of the Labour Party is anymore?
It has none
The Laboured party is now simply Britain’s version of the Democratic Party.
It’s the opposition party provided for you by the rich and wealthy whose numbers have swelled since Reagan and Thatcher through their get rich quick schemes at someone else’s expense (yours!).
The rich don’t have to outnumber us – there just has to be enough of them globally to work together and be able to move their money-power around silently and deadly like they do. That has been achieved.
Labour’s job is as a smokescreen and holding party to normalise the really radical Tory process of the continuation of the theft of your democracy, your rights (to even object to all this!) and what little wealth you and your family have. They’ll just keep things ticking over whilst the Tories go and spend all the money they have made in the last 13 or so years and have a break, finding some other toff to replace Labour when no doubt the banks take the economy down again (and they will).
Our job is be obedient consumers, ensuring that the rich getter richer from our consumption of their investments and then to be left to die when we get old and less economically active, with a less attractive long term credit use profile.
All I’m waiting for now is to be told Universal Basic Income will be used but be privatised and replace state benefits to become universal basic credit (with interest of course) as AI makes more people redundant and real wages decline and then you’ll have the perfect self replicating capitalist system.
Too far fetched maybe? Well, you read it here first baby!
I am not sure if it is that the labour party has changed or has always been like this. Maybe both and that the Corbyn leadership was a facsade.
If this is what it means to be electable, then something is seriously wrong with the country and labour. Confirming a self identity to others is not a good sign of health.
Wow!
Could the water supply be the factor that smashes our society’s illusions about privatisation once and for all?
Let’s face it, the economy we have lost was made up of lots of sectors some doing better than others but everyone is touched by the water supply – everyone needs water.
Will this common need help push real change?
I hope so
Even the Wall Street Journal was calling this afternoon…
Pilgrim Slight Return is correct. Rich voters and backers of the UK Tory government and its Labour enablers may be able to bypass the NHS and use private healthcare for themselves—and they can afford to pay what the other privatised public services now cost—but everybody needs clean water.
May this be the issue that finally halts the UK’s juggernaut to ruin.
Richard
thanks for all your hard & excellent work
Thames Water refusing to say when it will publish its annual accounts originally slated for the 4th July. “Willy Wonka” Sunak claiming everything is hunky-dory in the sewage processing industry!
https://www.theguardian.com/business/2023/jun/29/thames-water-could-delay-accounts-as-turmoil-in-water-industry-grows
Richard,
The report you wrote was truly fantastic work.
Incredibly clear and eye opening. I’m an ex-chartered accountant and so have an advantage in understanding company statements but this was a 5 star example of taking the reader through this financial con-trick and explaining the implications.
I have shared and explained the key points to my network and now they get it.
Your cutting through the economics and finance claptrap is a joy. Thanks
Thank you