Water companies paid out more than £50bn in dividends to shareholders in the last 30 years. Thames Water is now £14bn in debt and the Government will probably have to bail them out.
Even then they’ll refuse to take the company back into public ownership and will basically give it back to their friends after paying off the debt.
And there’s billions that still needs investing in the water infrastructure itself.
Who ever thought privatising water monopolies was a good idea?
The income cap on Social Security taxes is rigged for the rich.
A CEO earning $20 million a year pays Social Security taxes on ~1% of their income.
Meanwhile, a normal worker earning under the cap pays Social Security taxes on 100% of their income.
How does that make any sense?
The Southern Baptist Convention voted on banning convicted sex predators from being SBC pastors
That vote failed.
For more see
https://twitter.com/Artists_Ali/status/1673672222735466496?s=20
After centuries spent exploiting and extracting resources from a lot of the rest of the world to bolster its own wealth, Europe has spent decades erecting borders to keep those affected out. It is now pumping out huge sums of money to stop migration in ways that are demonstratively emboldening warlords, militias, dictatorships, and other systems that oppress people further. #Colonialism #Capitalism via @ketan https://www.irishtimes.com/world/europe/2023/06/15/how-has-the-mass-drowning-of-migrants-off-greece-become-in-any-way-normalised/
The next step in the #Tory engineered #NHScrisis:
Some trusts are offering 'golden hellos' to #nurses to encourage them to apply & stay where there are staff shortages.
All this will do is move the staffing crisis more firmly into the most cash-strapped Trusts & reinforce the unevenness of #healthcare.
For the #Tories this looks like a 'market' working & they'll see it as part of the 'solution' not adding to the crisis!
Trusts fighting for staff is not the answer to any Q.
Meanwhile, in Nuremberg, 24 Farben executives were tried for their war crimes, and they cited their obligations to their shareholders in their defense. All but five were acquitted on this basis. https://link.medium.com/kQza9svqMAb
In response Reddit kicking a bunch of moderators and mass-undeleting content, the Reddit userbase has responded by... mass uploading multi-gigabyte videos of old-style television static.
The reason the capitalists are panicing and trying to sell the hot potato is interest rates went up. No longer able to borrow endlessly at zero interest to fund operations, and the income needed to break even (let alone be profitable) includes the now much larger interest payments.
Result: MUST CASH OUT NOW!!!
Dave Brown on #BorisJohnson #PrivilegesCommitteeReport #BorisTheLiar #Partygate #ToryLiars - political cartoon gallery in London original-political-cartoon.com
The space blanket - A flag for the people of no nation.
http://booktwo.org/notebook/a-flag-for-no-nations/
I'd love to see the competitors at major games who stand for no nation, parade behind this.
Reminded of this by a tweet from James Bridle.
https://twitter.com/jamesbridle/status/1669267656308928512
>25,000+ deaths in the Mediterranean since 2014. Hundreds more every month. We are all complicit. Fuck borders and those who uphold them; shame on all of us for what continues.
Business leaders: We can't find enough workers!
Workers: You could pay more.
Business: Nope.
Workers: Better benefits?
Business: No.
Workers: More flexible hours?
Business: No way.
Workers: Treat your current employees better to build your employer brand?
Business: Never.
Workers: Well, what's left?!
Business: Child labor!
https://apnews.com/article/iowa-governor-child-labor-laws-e8cb29e2a45b956489c4a192b7ddeba5
Lord Heseltine - "All of this is about lying in senior public offices... & you can't escape from the consequences of that on brexit... we left the EU on the basis of lies, of which Boris Johnson was the principal architect... "
https://twitter.com/Haggis_UK/status/1669267427543113728?s=20
No, Mr Johnson, it’s not about if there were parties, that’s been proven beyond all reasonable doubt, vis a vis countless fines issued to many of those who attended said parties. It’s about YOU lying, AGAIN! It couldn’t be more clear really, but yet again you seek to muddy the waters. You really are a nasty piece of work aren’t you? They should ban you from ever seeking political office again! Bastard!
Video: the NHS, the law and democracy https://leftunity.org/video-the-nhs-the-law-and-democracy/
Francis. Old guy in the corner. Socialist, maybe even a (shock) Marxist. Can't stop writing. Musician. Coder for over 30 years.