@peteMickeal33 Trains - they never used to be this expensive. Competition from privatisation was supposed to keep prices low and benefit consumers, but instead all that happened was shareholders absorbed profits by providing a service that many people had little choice but to use (no one was building alternative stations and laying down alternative railway lines). And they're still not bloody efficient a lot of the time.
@@peteMickeal33 Water is fungible. One litre of water is the same as another. Privatised industries in this context, simply add a layer of cost to the consumer: cost of capital for private enterprise is higher than for nationalised industries. Utility for water does not vary across the demographic. There is only ever volume risk and not demand risk.
If you ain't rich then you ain't SHEET. End of story. That's just how the world works. If you want to win, BE RICH. Be Chump. Be 3lon. Be Bezoz. Be Gatez. Be Zuck. No exceptions.
He's wrong though. Fundamentally failed to understand who Labour are now (since 2020). They are working their asses off making things worse. They don't *want* to turn the country round and never did -that's why they conspired to lose in 2017 and 2019 (it's really well documented in case you missed it see "Labour Leaks" report and look up the people suspended from Labour since 2020) Check out who paid for Starmer and Streeting's campaigns (note the USA health insurers)
The water companies paid more than £60 billion in dividends to their shareholders since privatisation, and now we are being told the bills "have to" go up to pay for necessary infrastructure updates. And all this time what did Ofwat do? A big, fat nothing.
@@midgetwars1not quite, but it's appallingly managed, just look at how much gets stolen from Murray Darling yeah year. But we have privatised: Gas Communications Electricity Transportation And every year the Liberals push for more privatisation of Healthcare because they see how much money the yanks are making.
"zero acknowledgment that we live in a corrupt corporate state, which is not an inevitability, but a political choice. Not doing anything about it is also a political choice!" This man is spittin' FACTS. Thank you!! 👏👏👏👏👏
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
@@adamguerrero5293 they totally run your country and obviously hate your guts as much as they hate all arabs and palestinians. Evryone knows it but the gutlessness is just as total.
How many shares are left with Joe or Jane Public? Funny how that con put the assets in foreign hands. Thatcher extolled greed and enabled the biggest scam of all: Neoliberal "trickle down".
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
I live in rural Japan, apparently an expensive country, and my water bill is £3 a month, sometimes £5 if I go a bit mad. All water is locally owned and sourced. 50 quid a month is obscene.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
Please never stop doing what you do Mr Pie. I'm always relieved to hear people speak the truth, the truth they try so hard to bury. At least it's being said by someone.
worse because remember they are going after the farmers too, so its closer to real events like Bolshevik Russia, so we starve to death while paying for water which I guess is the insult to injury element.
@@Infelious They're not going after the farmers. They're going after the tax-dodgers who have bought farms as a way of avoiding inheritance tax. Parents can pass on a farm worth £2M without paying any inheritance tax. As a rule of thumb, small businesses are typically valued at between 1 and 5 their annual profits, so in theory a family farm should be generating £400,000 a year profit before you would need to pay inheritance tax on it. In reality, so many tax dodgers have bought farmland that a farm that only makes £50,000 a year is now likely to be worth more than £2m. When farmland stops being valued as a financial instrument for the rich to use to dodge tax, this problem will disappear.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
I'm American, and my frustration subsides- some- just watching you. And you're talking about England, but not so different over here. Inequality. The rich keep getting richer while duping the ignorant. Cheers!
Only where the neolib machines has gone wrong will you find such mishaps...try Old Trafford...plenty of leaks there to drown in...as well as despair at the state of the club and their new strategies...although, if you are a Utd or just a football fan...you will shed tears of despair and could drown in those alone...
@@nottoday3666 by 'wrong things' do you actually mean incitement to violence? Additionally not the government the judiciary using legislation implemented by the previous administration.... There were voices opposing it at that point, they were roundly dismissed.
U da manJP! I live in a small village (600 people) in the south of Catalunya in Spain. My water bill is 12 euros/£10 a quarter. My rates for a 3 bedroom apartment are 135 euros/£120 a year. The rubbish is removed every day, Monday to Friday. There is a small supermarket, a bakers, a butchers, a wet fish shop, a hairdressers, 3 bars, a post office, a bank and 1 restaurant. I left the UK 30 years ago because I couldn't take any more of the lies and greed and callousness of the corporate world and government inefficiency. The 320 days of sunshine here helped me make my decision of course. If the truth be told "Broken Britain" is not a new phenomenon, it started, as JP says, with Margaret Thatcher.
People can argue about "greener grass on the other side" all day long, but Brits paying INFINITELY more for water than any European nation with communal water distribution is just a cold hard fact. Here in Austria, British water is basically the textbook example and rallying cry against any further privatization.
You can blame her for a lot, but that does not excuse you to forget her most important message "eventually socialists will run out of other people's money"
Nationalize the public services. Water should never have been privatized. What a mess they made of it. The private companies should be fined for clusterfucks they have created.
Look at France... years ago, many French cities had privatized ("leased") their water infrastructure to the French-international corporation _Veolia Water._ For 30 years if I remember correctly. There is a scathing documentary on the topic by the public French/German TV station ARTE, titled _"Wasser/l'Eau"_ (water), about how access to drinking water is a human right and should not be privatized. The affair ended with their municipalities _having to buy back_ the water networks early from the corporation because of the collossal mess Veolia had made of it for shareholder profits. Veolia had, in typical "privatize everything" propaganda, claimed they could run the communal infrastructure networks more cost efficiently and effectively than the municipal government. They promised they'd be maintaining the infrastructure and water quality. Veolia then went and ran the water network into the ground. They "cut costs" by firing employees and reducing/eliminating maintanence, letting the water pipes rot, only doing slapdash repairs if they leaked. Then they raised water prices. And they _still_ sent bills to the municipal governments. And whenever the germ count in the freshwater pipes peaked they had the employees put chlorine into the water. When citizens complained about the chlorine smell (meaning Veolia had not even bothered to use anti-chlorine afterwards to neutralize it), they were told the smell was "a sign of water quality"! _Veolia Water_ has also convinced German politicians into a "joint public-private cooperation" to lease communal infrastructure (water, gas, electricity) to Veolia Water. They employ the original German employees, but they have to answer to a CEO in France now, and the board of shareholders feel that investing into the maintenance and modernization of the network and electricity grid, which Veolia is supposed to do by the contracts they signed, is "boring", and they want to wager money on "more exciting investments" in foreign countries and the stock market. The German engineers are quite angry.
Not to mention the concept of "competition" doesn't work when companies basically have monopolies and it's not physically possible for competitors to appear. You can't build your own water infrastructure or train tracks. All this kind of stuff should NEVER be privatised, it's unbelievable.
Each regional company is a monopoly. Only makes sense to have one infrastructure. So there is no competition. Free market doesn't work in that situation.
Tom, I just want to say thank you for all your videos to date, this particular one has finally persuaded me not to return yet to my home of 55 years England, even though my preferred party of Labour are in power, allowing these greedy privatised public utility companies to continue unchecked is the last straw for these two pensioners living in very expensive Australia these past 12 years. Even though our UK state pensions are frozen because we’re living in Oz, I’d rather have less monies than come back to the UK yet and be screwed by unchecked corporate greedy utility companies. If Labour finally grow a pair and take back ownership of these “driven by profit only” companies, when the working class are struggling even more so in the UK, then I’ll be returning back to a fairer society and getting on the first plane available. Cheers Trevor Howard
I was cautiously optimistic when Labour got voted in (even though I voted Libdems as I think they're ideologically superior and more for the people than Labour these days), but Keir Starmer's tenure has been an absolute disaster. Even if he is solving the debt crisis, which he has used to justify almost everything so far, he's doing it in a way that fucks over the British people, particularly the most vulnerable groups like elderly. Keir also appears to be completely without empathy or any likeable traits whatsoever. He's kind of like an AI that's figured out the best way to fix the economy is to cut benefits for the elderly, because each one that dies is one less non-working person they have to pay a state pension to. The only people he seems to show any sort of compassion towards are the immigrants, which only serves to fuel racial tensions rather than alleviate them. You see people in the news all the time saying how they have to skip meals just to be able to afford their bills, while people who enter the country illegally are given food, shelter and spending money. The only thing Keir Starmer really promised was the 'smash the gangs' that were smuggling all the people into the country, and so far all that's happened as a recent consideration to repeal some of the laws that deter people from coming in illegally, while many laws target native elderly and farmers. It feels like a betrayal of the English people, and that's the general sentiment right now. Jonathan Pie is right in his video - the way the current government are behaving is going to lead the nation right into Reform's arms. Because even though they absolutely will serve the corporations interests, they at least appear like they give a shit about the English people, and have been doing very well in recent polls.
All so true. Electricity, gas, water, trains, the Post Office and BT should be re-nationalised - and without any compensation, in my vew. Also, the creeping privatisation of the NHS should be stopped with immediate effect, and the companies responsible debarred from any frther involvement.
If only Nick Clegg hadn't dumped the idea of building nuclear power stations back in 2010. He decided that they would take too long to come online (2022) and weren't needed because we could get cheap energy from Russia and France.
When Thatcher stole the country and sold it to her friends she stated that the Privatised companies could charge inflation + factor X to improve the infrastructure!!. They took inflation + factor X and gave it all in dividends!! We are now being made to pay again for this infrastructure update.
Worse than that - they also took out massive loans to purportedly invest in infrastructure but instead gave it all away as dividends.. We really need to take action against all the corporates busily screwing us and spend less time fighting each other...
What thatcher forgot to tell people she had north sea oil at it's highest price for about 10 to 15 years to cover up all the losses. It is fine to nationise north rock and sell the best bits to virgin bank. But when it comes to nationising water or electricity god for bid we cannot do that it will crash the economy lol
Psychedelics are just an exceptional mental health breakthrough. It's quite fascinating how effective they are against depression and anxiety. Saved my life.
Can you help with the reliable source I would really appreciate it. Many people talk about mushrooms and psychedelics but nobody talks about where to get them. Very hard to get a reliable source here in Australia. Really need!
Yes Jefshroomies , I have a similar experience with anxiety, depression, PTSD, and addiction, and mushrooms have significantly contributed to my recovery and being clean today.
I wish those were more accessible here. Microdosing was the next thing I planned for my husband. He's 59 & facing many mental health issues, probably CTE & a TBI that left him in a coma for 8 days. Sadly, I had to get a TPO because he's 6'6, over 300 pounds, and displaying violent behavior, always talking about hurting others. He's really aggressive. If anyone out there knows about BPD, is it common to have an obsession with violence?
The privatisation of water was the biggest con ever inflicted on the people of this country. Sewage in the rivers under the guise of improving the sewerage system that they have never even started. While charging everybody as much money as possible for not doing anything at all about leaks. Do you remember when a dam was beginning to crack and the emergency services had to work through the night to shore it up? Because the water companies hadn't maintained it. Too busy putting peoples money in their pockets until they groan, and sharing out some of the profits as dividends to equally greedy nobodies. Water should be nationalised again. The days of greedy, incompetents and their greedy nobodies has to end.
You sure it wasn't disarmament of the public and no one actually fighting the system since idk William Wallace or Guy Fawkes? Oh and continued use of a pseudo monarch democracy post corporate imperial coloniolism? 🤔
You forgot competition too. So if Anglian Water fuck up and I say "bollocks to you, I'm getting my water supply elsewhere", where do I get it from? Answer: Nowhere.
@@lovetrainsme7970 yep. They've made it illegal to use rain water for anything but gardening on "safety" grounds. Even though you can buy filtration and UV systems to make it safe. Even boiling the water off & distilling it using solar power would sometimes be safer than the stuff coming out of some taps (e.g. the Bristol amoeba infection).
Notice that they started dumping a lot more sewage after we left the EU as they had to comply with EU regulations. Whereas they knew their chums in the Tory government wouldn't give a toss because many of them had shares in these companies.
And I remember when a Southern water spokesman was being interviewed on the radio years ago about price increases and poor maintenance records, the asshat actually said "What people need to understand is that water is not a renewable resource"...
No she didn’t , fu,…g unions and the green eco zealots fuc..d the country under labour , just like they are now , oh and over bloated civil service 😮 roll Reform !
@@leahashley9330Definitely. When council housing was being sold off no one in government was saying "by the way, no one's building any more council houses anytime soon so this generation's kids, grandkids and great-grandkids are really going to struggle with housing unless they were clever enough to be born into a wealthy family that can help them, never mind how the coming shortage will result in growing poverty and homelessness as private rents get pushed up."
@@Captain-Cardboard Oh look, are the little people making you laugh again ? Tell me, do you pull this shit face to face with people who might put some F ing manners on you ? No you don't, because nobody likes a smart arse and you are just another up yourself keyboard warrior.
I blame Blair , he had enough time to do something about the utilities, and get them back under government control, he didn't though did he, neither did any PM in the years since. Thatcher started it , but PMs have had chance to turn it around
@@jonathanbowen3640 you mean the train stations that had station masters ,ticket clerks cleaners ,was no need not to pay 12 pence would have took you 5 miles ,not the 8.50 today ,amd the british people paid for and owned the infrastructure and paid for the service ,you know the jobs and wages are an ongoing expense , none of it belonged to the government was,nt theirs to sell
Living in Portugal I pay around €25 every two months for water. My October - December electric bill was €35 and I was informed at the end of 2024 that my bills will be 8% LOWER as of January!
The Tories still see Thatcher as a great hero. This video reflects what most of us think about her disasterous privatisations, and the con trick played on a nation. Love the way you sum the situation up!
@@Cornz38Well I was and as far as I'm concerned she was responsible for my last ever tory vote and, more importantly, the wholesale conversion of this country's society to one based on selfish greed and contempt for one's fellow citizens. I cannot think of 1 redeeming quality 🤬
@@professor1972same here. I was the only kid in our class who supported her in 79. But the Tories only ever got one local election vote from me as she and her moniterist policies destroyed our manufacturing base and they ripped the heart out of social housing.
Like his counterparts in Germany, first they went for tho socialists, then for the trade unions, the for thesic, disabled. The racial religious pecetution reached another lève of how 😢and who could kill them most effectively?The moment I hear on the Israeli media. Any recogtion of the others, like the Roma/Zinti peoples, or their restive asylum-system, I see an apartheid genocian stare, completely splitting in the face of the international humanitarian laws, ratiferd bythe majority of the worlds’ governments and approved by the lawful legal ordersthe UN, SC, GA, composed of 194 member state.apart but a few out there, in the dark, like the US, the UK , other chaotic states and Israel not signed up to the ICC. If you wish not be considered with your layer team at the ICJ or the ICC, there must be something irrently wrong with you or your government?!
When are we going to protest en mass? When are we going to demand nationalisation of essential services? When are we going to fight for what's right? We can bring the country to a stand still if we work together, we can demand what's right, if we don't....we deserve everything we get.
Great to see privatisation working out EXACTLY as predicted.... zeronte investment and the forigen owners skimming the profits... still some MPs got a job.... nice
Someone find a way to send this to Keir Starmer The voice of the people should be the politicians that work for the country, not a comedian, not a freaking comedian!
Too true on the Sainsburys part. How many years have corporations had record profits and we tax them in a way they cannot run off to Ireland to avoid, and they start firing people...
A failed experiment. I saw that programme about Brian Walden and how he stood down as a Labour MP to become a TV presenter. Too many people believed Thatcher when she spoke to him about how the trade unions and public ownership were crippling the country.
For Royal Mail and British Telecom, ending a state monopoly has been hugely successful. But it only works where you can generate competition. Water and Raid will only have one infrastructure. No competition. They have been total failures.
@ Infinite more successful in terms of the products and services. That is so obvious and clear its not a discussion. In contrast Water and Rail which are natural monopolies, they are basket cases. it's down to understanding in which industries you can foster competition and which you can't. Ones you can't are not right for private markets.
@@paullegend6798 I can see an argument to be made about BT, although even that was only built on the back of leveraging pre-existing state-monopoly infrastructure. I do think Thatcher should've let them upgrade us all to fibre in the 80s. However, I am very interested to know how you measure Royal Mail as having improved. As a basic end user, sending letters, holiday cards, and a few parcels; I find they were better in 2010 than now. Even for receiving online shopping. But you may have had an opposite experience.
Worse than just dividends, water companies borrowed money to pay bigger dividends. When I ran a company, dividends were the share of the spare profits. Why is that even legal? What other corporation could do this, they'd go bankrupt! But no, we the people, are a bottomless pit of money to be swindled out of.
It's not. Dividends can only legally be paid from equity, not debt. That's why they need to make such obscene profits, because profit becomes equity,distributable to shareholders.
@@cycklist this is but a technicality, though. They borrowed to pay for operational costs, then mysteriously paid that same amount out as dividends from "unused" money from the bills. That's borrowing to pay dividends just with extra steps. The law isn't fit for purpose if it can't keep up with such simple evasion.
Neo-libs dressed in Labour's clothing. Neo-liberalism was shipped over here by Thatcher, and that ideology has become a terminal cancer in British politics because both sides have become infected by it's followers. I really hope it gets kicked out of mainstream politics eventually but I don't have much faith to be honest.
Edit. Apologies, was meant for @terryclark9283 That Labour government introduced more privatisation. A trend I don't see reversing with any who could realistically win.
yep, the world didn't exist before they arrived. Or maybe it did, but it was paradise, then they came along and made it hell. Nobody else is to blame, no other decision makers have had any impact on your lives in the past 35 years.
@@rutessianof course. 😊😊😊😊 Maggie and Ronnie screwed more people than any other western leaders in the 20th century. Check how incomes failed to track profits since these two gamed the system on behalf of their constituents.
@@rutessian. Not saying that BUT THEY ARE THE ONES THAT STARTED this #%^*+£¥ up circus 🎪 show we all have to deal with. They made decisions that gave us the others. I don’t know about any other country but I can tell you ALL BAD THINGS IN THE US in some way or another will lead back to Regan !!!
That's not to mention north sea oil/gas which doesn't benefit us at all!! All supplying other countries to get more profits. I'm so glad to see you enraged because I feel exactly the same. The people need to take a stand collectively and refuse to pay these ridiculous bills. Then they would have to change the system, because they couldn't jail us all or cut all our energy supplies!!
@@andrewschroeder9502Major did his best to govern with an ungovernable Tory party that was eating itself. Brown put the country back on course for recovery after the Credit Crunch, only for Cameron and Osbourne to torpedo that recovery with austerity.
The people who want privatisation are the same people who always say we should run the country like a business. But imagine a business CEO coming in and selling the office, selling the computers, selling the machinery, selling everything they own and then renting it back out at exorbitant prices, while also committing to paying for repairs for those things they don't even own anymore. It's insanity, and over decades it has crippled the country.
Basically how the Tories ran things and how Reform want to run things but on steroids. We were promised change with Labour. They've got a huge majority, they need to start using it.
Clive Lewis is introducing his Private Member's Bill on the public ownership of water to Parliament on 28th March. However given the current scandalous situation, and the fact that 82% of the public are in favour of change, it should have been a top priority for the Government, rather than being left to a Private Member's Bill.
Another of Starmer's U turns. I voted Labour hoping Starmer would lose his seat so Angela Rayner would become acting PM. Had I lived somewhere where the Green Party or the Liberal Democrats stood a chance of winning I would have voted for them instead.
@@lemsip207 There wasn't much chance of Starmer losing Holborn and St Pancras. He had 48.9% of the vote. It would have been higher if Andrew Feinstein hadn't stood as an Independent because of Starmer's Gaza policy.
I voted Green Party in Starmer's ward in the hope of keeping Reform 5th as strong chance they would come 4th. Greens did best the Reform. Knew Starmer would win and I wasn't keen on labour so pleased to do some tactical voting.
@lemsip207 you're blind. It'll cost the taxpayer billions. It's unaffordable. Unfortunately. I remember the days pre privatisation. It was a simpler world. Many profited during the sell offs, and still do. The government dies not have the money to buy them back. They would have to borrow, borrow, borrow and tax, tax, tax.
@@caldidil9065So, what's wrong with Reform? They have successfully businessman running the show. Zia Youseff is very astute. And successful. As well as pro British.
Tend to agree but the fact none of the fuckwits that followed her could do a better job or come up with any better ideas really shows the ineptness the British people have suffered
Thatcher privatised a year before she was ousted. Major oversaw the private water for 2 terms, Labour for 3. The uniparty is the uniparty with two right wings.
The devotion to GDP growth at all costs has become almost cultish. We're already the 6th richest country in the world, the problem is how skewed the distribution of the money is. Plus, where does it end? When is enough growth enough to turn our attention to the other issues; or do we have to keep sacrificing all good things in servitude to the malevolent, all-devouring God that is The Economy? If pursuing growth means diminishing people's quality of life & wrecking the environment, MAYBE it shouldn't be priority number 1.
Don't forget about millions of immigrants being imported to artificially inflate the GDP every year. We have been in a per-capita recession/stagnation since 2008 but since we have imported millions of immigrants we have given off the illusion of growth while everything is more crowded and more expensive for the everyman
@@Flame1500if by importing migrants you mean actively making their home countries unlivable and creating work visas for stuff life teaching nursing and care work because apparently white people can't do that then yeah you're right immigrants doing the jobs no one else wants with the least pay is the problem.
@@mrwong8584 I am pro-immigration but he is not totally wrong. Look at the legal net-migration numbers since Brexit. Meanwhile, they all focus on the tiny percent of folk who risk their lives on small boats. If the Tories (now Labour) had implemented a national strategy to support training programs in 2016-20, we would have less vacancies in services like the NHS and not needing to pump up the numbers with people from places like India. But that would require the political will to do something radical.
The government should be blocking any "profits" going to shareholders until water companies get their acts together and run the service they're paid to provide. (Better still would be to strip them of their right to operate and take them back under public ownership, like Labour Mayor Andy Burnham has done with Greater Manchester's buses), what's the point of Labour if they're going to carry on David Camorron's policies
Water, Trains should be nationalised. Privatisation don't make sense for them, as they are monopolistic, high investment infrastructure systems. And importantly they provide essential services.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
If private concerns could REALLY offer more efficiency and better value for money, they should be able to operate alongside the supposedly "inefficient" and "too costly" public services shouldn't they? The fact is they can't, never could, never have and never will, despite being almost gifted those public services in the first place. They have just become cash-cows for the bosses and shareholders. A mother-lode for the super wealthy to mine.
We used to have separate private rail companies in Victorian times, yet they all provided a very good affordable service, punctual and with nice staff to wheel your luggage for you.
I worked for a water company for about 4 years during Tony Blair's time as PM. During those 4 years, the water company I worked for was sold by an Australian bank (for a few hundred million pound profit) and bought by another Australian bank (who owned another water company in the UK and merged them toghether). It's crazy this is allowed to happen with water companies. Nothing changed during those Labour years, obviously nothing was going to change under the Conservatives and nothing will change now sadly. This country was sold off a long time ago.
Yorkshire Water is half owned by a Hong Kong-based investment firm, and half owned by the state investment company of the government of Singapore. They've paid themselves over £7 billion in dividends, racked up nearly £5 billion in debt, and shat all over my local area literally every day last year.
Wow! The country under Labour is the worst it's ever been and yet you're still blaming Thatcher! Typical Labour supporter blaming everyone other than themselves for the shit show they're running.
Doesnt ever mention the millions of foreigners imported to do jobs and even come here and get welfare... Then the 9 million who are not working costing 48 b
@@robertdale8596 labour are just the Democrat party but without the Hollywood stars. They still got 90% of the media, all the tv, institutions, stars, celebs, sports, MI5 with suppression of information.
Might be worth portioning some blame for Blair here , had he monitored offwat at the time in the late nineties and early 2000's , just maybe we wouldnt be in this situation had we fixed the leaks , successive Labour governments are also to blame ........offwat offcome offgas , all that lot are a waste of time
pass the blame, dont step up. ideally, blame the dead. dont try to do democracy and make your lives better yourself because that might disrupt the establishments. dont keep your eyes forward, keep on looking back so you can walk backwards to whatever pit awaits you. is that the gist of it, that im hearing from all this? seems like it. the lack of forward planning from the UK is deafening.
@@nialloneill5097 . Just like 'Right to Buy' was always about getting the social housing stock into the hands of private, corporate landlords, even if it meant bankrupting to poorest in society.
Made me laugh too. It is a commodity though. Michael Burry, the guy who saw that the housing collapse was coming (as played by Christian Bale in The Big Short), was so distraught at the lack of humanity in the financial markets that he quit running a fund. He only invests personally in one thing now, water. That is scary af.
Please stand as an MP. You’ve got my vote. I don’t recall the last time I heard any of our current batch of MPs (or the previous bunch for that matter) speak with such passion and clarity about our national direction of travel.
@@alsmith20000yeh heas a comedian at the end of the day it's easy to get support and say things when you have no responsibility.....support for "pie" is no different to farage
Remember when they said privatisation will give us a better service for less money, so its better for the company but customers are the one's with less money.
The now Lord Howard who oversaw the privatisation of water back in 1989, said in the excellent BBC Radio4 15 minute essays 'The Prophets of Profit', 'We look the view that it would be likely to get more investment if it was in the private sector and didn't have to compete with all these other public goods'. Speaking about the failure of the owners to invest, Howard went on to say '... I don't think that I necessarily thought it would work out like that. I thought that the capital could be provided with a mixture of equity and debt ... I think with the benefit of hindsight, that it would have been better if they had required a greater proportion of the finance to be provided through equity investment and a small proportion of debt ...' The profits were privatised and everything taken from the unfortunate customer.
They were supposed to be heavily regulated, and the theory was they'd be more efficient and therefore cheaper as the private sector has more incentive to be efficient than the public sector. Of course the big shareholders bought off the regulators, making them toothless and unwilling to stop them asset stripping and ripping off the customers. The regulation was especially needed for water where you can't switch supplier like with electricity.
Why do libs love the same repetitive sh*t over and over again?. This guy been doing the same joke for 8 years... Are libs like babies who never EVER get bored of peek a boo? Him and the pitch meeting guy must be up for a world record?
Anger of much of the population up. I can’t see this system we are in lasting long term in Anglosphere countries. Can this system of endless corporate greed last another generation or two. Where will young people live when there’s no house to afford. Families already not having children en mass. I don’t think this late stage corporate capitalism will last another 20 years at this rate. Will end in blood.
@sanataj 83% of English rivers are polluted, 3%of Scottish rivers are polluted, amazing what you can reinvest when you don't have to pay dividends to a consortium of foreign investors.
Here in Queensland we pay $1600 per year so roughly £800. Less than $100 of that is water usage as we are low water users. The rest are all fixed charges. Ours is a mix of local authority and State charges and the latter goes to a private company that own and operate the dams, reservoirs and treatment plants. That part accounts for about a quarter of the overall bill.
The question I never here is "Well, if all public services (nearly all) are for profit where is the tax money going?" This video is asking that question. YAY!! Taxation is a form of slavery, if that money isn't being spent on the taxpayer's life strings to help them pay tax... such a go around, but that's not happening. The protectors of systematic time dilation to the negative (time being the most priceless commodity) just killed the winter allowance... where is that money going? lol!! Love you!
Labour had years to devise a plan on how to govern and then the electorate got a milquetoast leader who's more conservative than the conservatives. Instead of not wanting to rock the boat Starmer should have said "If you don't drop the price back to where it was I'll nationalise the industry and from what I can see the business is worthless. So it shouldn't cost us very much." That should tank the share price and teach every other company about what a stateman is willing to do for the good of the people. I'll predict that Starmer won't last the rest of his term.
At 2:53 "To everyone else, it feels like they've only sat at their desks and still arranging their pens and working out where to keep their post-it notes, people are asking for fundamental change & you're only piddling with paper clips"___Jonathan Pie 🔥🔥🔥
Privatise the profits, nationalise the losses
Very Tory, eh?
Yup, that's late-stage capitalism in a nutshell.
@@thehalfwittedlayabout how do you know its late stage? You must know the end date of capitalism do let us all know. And what exactly will replace it?
Except with water they didn’t
Basic corporate risk management, in other words.
Essential services should never, ever be privatised.
that's right, if only we would have examples of nationalized services... I wonder how incredibly efficient they would be.
Big time
@@peteMickeal33Worked till Reagan and Thatcher. Some of us are old enough to remember before their scam began.
@peteMickeal33 Trains - they never used to be this expensive. Competition from privatisation was supposed to keep prices low and benefit consumers, but instead all that happened was shareholders absorbed profits by providing a service that many people had little choice but to use (no one was building alternative stations and laying down alternative railway lines). And they're still not bloody efficient a lot of the time.
@@peteMickeal33 Water is fungible. One litre of water is the same as another. Privatised industries in this context, simply add a layer of cost to the consumer: cost of capital for private enterprise is higher than for nationalised industries. Utility for water does not vary across the demographic. There is only ever volume risk and not demand risk.
What I like about Jonathan Pie, is that he doesn't discriminate, Tories, Labour, UK - USA, He's a man of the people and a national treasure.
The truth is and always will be the truth... As he doesn't dress it up and tells it the way it is....
@@TheSoupdragon1968 Truth is food for the soul, lies are poison for it
International treasure.
You do understand all those things are right-wing?
@@timwarneka5681 This
It’s like Gary Stevenson says: our politicians are owned by the super rich.
If you ain't rich then you ain't SHEET. End of story. That's just how the world works. If you want to win, BE RICH. Be Chump. Be 3lon. Be Bezoz. Be Gatez. Be Zuck. No exceptions.
And that's like the least insightful thing he says
"It might not be their fault, but now there in, it's their responsibility" - Thats a great quote. Well said
*they're in. Yes, agreed.
They missed a hole it seems
"B-B-but Liz Truss!"
He's wrong though. Fundamentally failed to understand who Labour are now (since 2020). They are working their asses off making things worse.
They don't *want* to turn the country round and never did -that's why they conspired to lose in 2017 and 2019 (it's really well documented in case you missed it see "Labour Leaks" report and look up the people suspended from Labour since 2020)
Check out who paid for Starmer and Streeting's campaigns (note the USA health insurers)
@russtaylor2122 poor grammar. Also, the government's fault.
The water companies paid more than £60 billion in dividends to their shareholders since privatisation, and now we are being told the bills "have to" go up to pay for necessary infrastructure updates. And all this time what did Ofwat do? A big, fat nothing.
They probably got to go for lots of fancy meals with water company executives.
@@Mcsqw Like Doctors do with Big Pharma agents...and salesmen!
Infrastructure updates they were already paid for and contractually obliged to upkeep and upgrade.
Farage wants NHS Privatisation so people like him and his US mates can extract huge shareholder dividends from hard-working UK citizens
I think you'll find that Ofwat did something: They enabled the water companies to get away with it.
As an Australian, It becomes apparent that Johnathan's rants apply to the entire Anglosphere The Corporate Con, that's what it is.
Our Water isn't privatised, it was close to.
More US citizens need to hear this
@@midgetwars1 The Murray water has been privatised.
Nestlé sells our water to our farmers.
@@midgetwars1not quite, but it's appallingly managed, just look at how much gets stolen from Murray Darling yeah year.
But we have privatised:
Gas
Communications
Electricity
Transportation
And every year the Liberals push for more privatisation of Healthcare because they see how much money the yanks are making.
@@midgetwars1 Read the book "Sold Down The River".
Australia's water has very much been privatised. Behind everyone's backs.
Home truths, gloriously vocalised.
You have articulated the thoughts of millions of people in the UK brilliantly.
Not only the UK!!!
Agreed...not just UK.
millions of people worldwide best wishes from NZ
I always knew there were millions of idiots in the UK.
He speaks for me in Australia too.
"zero acknowledgment that we live in a corrupt corporate state, which is not an inevitability, but a political choice. Not doing anything about it is also a political choice!" This man is spittin' FACTS. Thank you!! 👏👏👏👏👏
Read exactly when he said it 🙌
@@SolarVibeEnergyme too lol
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
@@adamguerrero5293 they totally run your country and obviously hate your guts as much as they hate all arabs and palestinians. Evryone knows it but the gutlessness is just as total.
Spot on!
As Arthur Daley says in Minder about Mrs Thatcher "What an amazing woman. She sold everything back to the public that they already owned!"
And strangely the richest bought the mostest.
👏
Yup. Says it al.
How many shares are left with Joe or Jane Public? Funny how that con put the assets in foreign hands. Thatcher extolled greed and enabled the biggest scam of all: Neoliberal "trickle down".
Spot on!
This perspective is one EVERY working and middle class person would agree with, yet we get NO choice or SAY on the matter, some democracy we live in
How the News should be presented. THANK YOU JONATHAN PIE.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
@@adamguerrero5293 piss off.
@@adamguerrero5293 "Small hat clan"? What sort of hats are you referring to?
@@rowanrobbins the same sort of hat that the pope wears
“Life needsto be a struggle, or they will rev0lt”
I live in rural Japan, apparently an expensive country, and my water bill is £3 a month, sometimes £5 if I go a bit mad. All water is locally owned and sourced. 50 quid a month is obscene.
What about gas and electric?
Comparable but lower in Japan, as is petrol.
For me £50 a month would be cheap, I pay more than that!
@ How much? My old fella used to pay about £60 a month but that was cut to about £35 after he went onto a meter.
Its disheartening that Japanese people aren’t very welcoming to non-Japanese, else I would’ve considered moving there.
The only way we can say the truth nowadays is to use a recognised comedian as our spokesperson, we are fucked. Thank you JP for standing up there.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
One nation did elect a comedian to be a president. It didn't helped to the country.
Please never stop doing what you do Mr Pie.
I'm always relieved to hear people speak the truth, the truth they try so hard to bury.
At least it's being said by someone.
We are headed for Dickensian poverty… we made the monsters rich and they want every last penny.
Insatiable...like Scrooge...just look at Man Utd and RATcliffe
Then we need to turn on them, then.
worse because remember they are going after the farmers too, so its closer to real events like Bolshevik Russia, so we starve to death while paying for water which I guess is the insult to injury element.
@@Infelious They're not going after the farmers. They're going after the tax-dodgers who have bought farms as a way of avoiding inheritance tax. Parents can pass on a farm worth £2M without paying any inheritance tax. As a rule of thumb, small businesses are typically valued at between 1 and 5 their annual profits, so in theory a family farm should be generating £400,000 a year profit before you would need to pay inheritance tax on it. In reality, so many tax dodgers have bought farmland that a farm that only makes £50,000 a year is now likely to be worth more than £2m. When farmland stops being valued as a financial instrument for the rich to use to dodge tax, this problem will disappear.
@@davidpowell6098I think we'll see more Luigis in the years to come...
"You can blame Thatcher for pretty much anything." Let's not forget Ronald "trickle-down" Reagan.
Both! Milton Frieman was their guru.
Thatcher hasn't been in power for over 33 years. Plenty of sucessive governments have failed to prevent these problems.
*YES - ITS ALL THATCHERS FAULT* its why I live in Bulgaria - they never had a Thatcher so everything woks.
It has only ever been and always will be "Trickle-Up".........................
As my late grandfather used to say, “‘er’s the root on it”!
The system isn't broken, it is working exactly as intended.
Very true.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
@@adamguerrero5293 don't bring religion into this. It's just the inevitable result of capitalism and profit incentive.
Truth
That is exactly it - why doesn't someone do something, change things?
Because this is how they want it to be.
I'm American, and my frustration subsides- some- just watching you. And you're talking about England, but not so different over here. Inequality. The rich keep getting richer while duping the ignorant. Cheers!
🍻 cheers
We won't even be able to afford enough water to drown ourselves out of despair
Oh they're "governing" alright, picking up ppI that say wrong things and putting them away 🔗👮🏼♀
@@nottoday3666 'people' it is really not that hard to put a couple of vowels in and spell it properly
They have injections for that, and it's free.
Only where the neolib machines has gone wrong will you find such mishaps...try Old Trafford...plenty of leaks there to drown in...as well as despair at the state of the club and their new strategies...although, if you are a Utd or just a football fan...you will shed tears of despair and could drown in those alone...
@@nottoday3666 by 'wrong things' do you actually mean incitement to violence? Additionally not the government the judiciary using legislation implemented by the previous administration.... There were voices opposing it at that point, they were roundly dismissed.
U da manJP!
I live in a small village (600 people) in the south of Catalunya in Spain.
My water bill is 12 euros/£10 a quarter. My rates for a 3 bedroom apartment are 135 euros/£120 a year.
The rubbish is removed every day, Monday to Friday.
There is a small supermarket, a bakers, a butchers, a wet fish shop, a hairdressers, 3 bars, a post office, a bank and 1 restaurant.
I left the UK 30 years ago because I couldn't take any more of the lies and greed and callousness of the corporate world and government inefficiency. The 320 days of sunshine here helped me make my decision of course.
If the truth be told "Broken Britain" is not a new phenomenon, it started, as JP says, with Margaret Thatcher.
Thanks Paul, as if I wasn't already depressed enough....... 😓
F me, that is amazing. Time to dust off that Irish passport application. What about health services, do you have to pay?
People can argue about "greener grass on the other side" all day long, but Brits paying INFINITELY more for water than any European nation with communal water distribution is just a cold hard fact.
Here in Austria, British water is basically the textbook example and rallying cry against any further privatization.
@@West-c2u They are " immigrants" themselves.
Well I don't pay a water bill, because they the company do not have my name, no name no bill
You CAN blame almost everything on Thatcher.
Or Reagan, depending on which side of The Pond you're on.
Prosperity for the prosperous, austerity for the rest of us.
I also blame Reagan
@@2LaneTravelerquite right
Hahaha and her love child.
You can blame her for a lot, but that does not excuse you to forget her most important message "eventually socialists will run out of other people's money"
3.00 - labour just sat down and are rearranging their pens 🤣🤣 bloody priceless Jonathan also “Labour the clue is in the title” 🤣👍🏴✊
Nationalize the public services. Water should never have been privatized. What a mess they made of it. The private companies should be fined for clusterfucks they have created.
Not privatised in Scotland.
Yep move to Scotland
🏴❤
Look at France... years ago, many French cities had privatized ("leased") their water infrastructure to the French-international corporation _Veolia Water._ For 30 years if I remember correctly. There is a scathing documentary on the topic by the public French/German TV station ARTE, titled _"Wasser/l'Eau"_ (water), about how access to drinking water is a human right and should not be privatized. The affair ended with their municipalities _having to buy back_ the water networks early from the corporation because of the collossal mess Veolia had made of it for shareholder profits.
Veolia had, in typical "privatize everything" propaganda, claimed they could run the communal infrastructure networks more cost efficiently and effectively than the municipal government. They promised they'd be maintaining the infrastructure and water quality. Veolia then went and ran the water network into the ground. They "cut costs" by firing employees and reducing/eliminating maintanence, letting the water pipes rot, only doing slapdash repairs if they leaked. Then they raised water prices. And they _still_ sent bills to the municipal governments.
And whenever the germ count in the freshwater pipes peaked they had the employees put chlorine into the water. When citizens complained about the chlorine smell (meaning Veolia had not even bothered to use anti-chlorine afterwards to neutralize it), they were told the smell was "a sign of water quality"!
_Veolia Water_ has also convinced German politicians into a "joint public-private cooperation" to lease communal infrastructure (water, gas, electricity) to Veolia Water. They employ the original German employees, but they have to answer to a CEO in France now, and the board of shareholders feel that investing into the maintenance and modernization of the network and electricity grid, which Veolia is supposed to do by the contracts they signed, is "boring", and they want to wager money on "more exciting investments" in foreign countries and the stock market.
The German engineers are quite angry.
Not privatised here in Northern Ireland either and thank goodness for it.
Very cathartic and totally accurate. Thankyou.
This. Cathartic is exactly right
Privatization will always cost more because the for profit model demands more than the actual cost to appease the greed of the ownership class.
Not to mention the concept of "competition" doesn't work when companies basically have monopolies and it's not physically possible for competitors to appear. You can't build your own water infrastructure or train tracks. All this kind of stuff should NEVER be privatised, it's unbelievable.
@@Metallijosh100 The USA didn't privatise water, that should tell you all you need to know
@jasongarfitt1147 yeah but we somehow are still seeing price hikes. $130 a month now versus 75$ 10 years ago.
Each regional company is a monopoly. Only makes sense to have one infrastructure. So there is no competition. Free market doesn't work in that situation.
@@jasongarfitt1147
Search Nestle.
Tom, I just want to say thank you for all your videos to date,
this particular one has finally persuaded me not to return yet to my home of 55 years England,
even though my preferred party of Labour are in power,
allowing these greedy privatised public utility companies to continue unchecked is the last straw for these two pensioners living in very expensive Australia these past 12 years.
Even though our UK state pensions are frozen because we’re living in Oz, I’d rather have less monies than come back to the UK yet and be screwed by unchecked corporate greedy utility companies.
If Labour finally grow a pair and take back ownership of these “driven by profit only” companies, when the working class are struggling even more so in the UK, then I’ll be returning back to a fairer society and getting on the first plane available.
Cheers Trevor Howard
I was cautiously optimistic when Labour got voted in (even though I voted Libdems as I think they're ideologically superior and more for the people than Labour these days), but Keir Starmer's tenure has been an absolute disaster. Even if he is solving the debt crisis, which he has used to justify almost everything so far, he's doing it in a way that fucks over the British people, particularly the most vulnerable groups like elderly.
Keir also appears to be completely without empathy or any likeable traits whatsoever. He's kind of like an AI that's figured out the best way to fix the economy is to cut benefits for the elderly, because each one that dies is one less non-working person they have to pay a state pension to. The only people he seems to show any sort of compassion towards are the immigrants, which only serves to fuel racial tensions rather than alleviate them. You see people in the news all the time saying how they have to skip meals just to be able to afford their bills, while people who enter the country illegally are given food, shelter and spending money.
The only thing Keir Starmer really promised was the 'smash the gangs' that were smuggling all the people into the country, and so far all that's happened as a recent consideration to repeal some of the laws that deter people from coming in illegally, while many laws target native elderly and farmers. It feels like a betrayal of the English people, and that's the general sentiment right now. Jonathan Pie is right in his video - the way the current government are behaving is going to lead the nation right into Reform's arms. Because even though they absolutely will serve the corporations interests, they at least appear like they give a shit about the English people, and have been doing very well in recent polls.
Blame those who sold off our essential infrastructure.
She is dead....
OR the ones who bought it...who first bought off the Thatchers of this world...to get their paws on the people's wealth
@Ammahuman There are many of her enabler that are not.
Yes that was the Tories !
Blaming is pointless, this government needs to do something about it.
All so true. Electricity, gas, water, trains, the Post Office and BT should be re-nationalised - and without any compensation, in my vew. Also, the creeping privatisation of the NHS should be stopped with immediate effect, and the companies responsible debarred from any frther involvement.
THIS
The NHS is pretty much the only thing worth staying in the country for.
If only Nick Clegg hadn't dumped the idea of building nuclear power stations back in 2010. He decided that they would take too long to come online (2022) and weren't needed because we could get cheap energy from Russia and France.
Yeah, I'm pretty much decided that the UK isn't gonna be viable for much longer.
Good luck trying to nationalise EDF U.K.
When Thatcher stole the country and sold it to her friends she stated that the Privatised companies could charge inflation + factor X to improve the infrastructure!!. They took inflation + factor X and gave it all in dividends!! We are now being made to pay again for this infrastructure update.
And her bosom buddy Ronald Reagan did the same sh*t to us in America.
@@geobixx8132 💯true
Worse than that - they also took out massive loans to purportedly invest in infrastructure but instead gave it all away as dividends.. We really need to take action against all the corporates busily screwing us and spend less time fighting each other...
What thatcher forgot to tell people she had north sea oil at it's highest price for about 10 to 15 years to cover up all the losses.
It is fine to nationise north rock and sell the best bits to virgin bank.
But when it comes to nationising water or electricity god for bid we cannot do that it will crash the economy lol
The missing piece of making her plan work was clearly to make sure that ombudsmans had teeth and remit to breath down the neck of those companies.
Psychedelics are just an exceptional mental health breakthrough. It's quite fascinating how effective they are against depression and anxiety. Saved my life.
Can you help with the reliable source I would really appreciate it. Many people talk about mushrooms and psychedelics but nobody talks about where to get them. Very hard to get a reliable source here in Australia. Really need!
Yes Jefshroomies , I have a similar experience with anxiety, depression, PTSD, and addiction, and mushrooms have significantly contributed to my recovery and being clean today.
I wish those were more accessible here.
Microdosing was the next thing I planned for my husband. He's 59 & facing many mental health issues, probably CTE & a TBI that left him in a coma for 8 days. Sadly, I had to get a TPO because he's 6'6, over 300 pounds, and displaying violent behavior, always talking about hurting others. He's really aggressive. If anyone out there knows about BPD, is it common to have an obsession with violence?
Is he on instagram ?
Jefshroomies is the man
More Jonathan Pie! Tell the media the way news should be delivered! Brutal, honest, and without remorse!
We used to get this with John Pilger in World in Action
The privatisation of water was the biggest con ever inflicted on the people of this country. Sewage in the rivers under the guise of improving the sewerage system that they have never even started. While charging everybody as much money as possible for not doing anything at all about leaks. Do you remember when a dam was beginning to crack and the emergency services had to work through the night to shore it up? Because the water companies hadn't maintained it. Too busy putting peoples money in their pockets until they groan, and sharing out some of the profits as dividends to equally greedy nobodies. Water should be nationalised again. The days of greedy, incompetents and their greedy nobodies has to end.
You sure it wasn't disarmament of the public and no one actually fighting the system since idk William Wallace or Guy Fawkes? Oh and continued use of a pseudo monarch democracy post corporate imperial coloniolism? 🤔
You forgot competition too. So if Anglian Water fuck up and I say "bollocks to you, I'm getting my water supply elsewhere", where do I get it from? Answer: Nowhere.
@@lovetrainsme7970 yep. They've made it illegal to use rain water for anything but gardening on "safety" grounds. Even though you can buy filtration and UV systems to make it safe. Even boiling the water off & distilling it using solar power would sometimes be safer than the stuff coming out of some taps (e.g. the Bristol amoeba infection).
Notice that they started dumping a lot more sewage after we left the EU as they had to comply with EU regulations. Whereas they knew their chums in the Tory government wouldn't give a toss because many of them had shares in these companies.
And I remember when a Southern water spokesman was being interviewed on the radio years ago about price increases and poor maintenance records, the asshat actually said "What people need to understand is that water is not a renewable resource"...
So true. Thatcher set this country up for a huge fall.
No she didn’t , fu,…g unions and the green eco zealots fuc..d the country under labour , just like they are now , oh and over bloated civil service 😮 roll Reform !
by design....
Speaking from your ex social housing residence witch you obtained for a fraction of its value blame thatcher for that to
@@leahashley9330you mean the housing that eventually got swallowed up by millionaires that now charge us extortionate rents for
@@leahashley9330Definitely. When council housing was being sold off no one in government was saying "by the way, no one's building any more council houses anytime soon so this generation's kids, grandkids and great-grandkids are really going to struggle with housing unless they were clever enough to be born into a wealthy family that can help them, never mind how the coming shortage will result in growing poverty and homelessness as private rents get pushed up."
Your comment "Blame Thatcher" were exactly the words I used! Her evil legacy lives on!
Forget the communists that nearly killed the country before her conveniently. Pathetic
Same here in the US regarding her evil twin Reagan.
Yeah, they were definitely loved up, a very dangerous double act!
neo liberalism [inc Thatcherism] started in the 1930s
26% water rise??
Absolutely disgusting
Did I hear, that 4 million peoples Council tax is going up, as well.
Stop the wars maybe it gets better
Thames Water got 31% through OFWAT
🎉@@TwentyZZ24
Rookie numbers. Southern Water getting 47% increase 😭
Brilliant! Please team up with Led by Donkeys. This needs to be broadcast onto the Houses of Parliament
You think Led by Donkeys are going to criticise Labour?
How delightfully naive!
@@Captain-Cardboard th-cam.com/video/QCIjFL1thrc/w-d-xo.html
@@Captain-CardboardProbably because the alternative would be far worse.
@@Captain-Cardboard Oh look, are the little people making you laugh again ? Tell me, do you pull this shit face to face with people who might put some F ing manners on you ? No
you don't, because nobody likes a smart arse and you are just another up yourself keyboard warrior.
Bingo. I blame Thatcher as well. She started all this sell public bodies baloney. Without any competition safeguard.
and it was theft , did,nt belong and paid for by maggies tory state it all belonged to the people
@@theresnobodyhere5778 try getting on a British rail train 1970s and tell them you're not paying for a ticket as you own the train....
I blame Blair , he had enough time to do something about the utilities, and get them back under government control, he didn't though did he, neither did any PM in the years since.
Thatcher started it , but PMs have had chance to turn it around
@@jonathanbowen3640 you mean the train stations that had station masters ,ticket clerks cleaners ,was no need not to pay 12 pence would have took you 5 miles ,not the 8.50 today ,amd the british people paid for and owned the infrastructure and paid for the service ,you know the jobs and wages are an ongoing expense , none of it belonged to the government was,nt theirs to sell
Just like the ‘right to buy’ council houses that were sold on the premise that another one would be built with the proceeds, that didn’t happen.
Another absolute banger from Pie. If he stood for election I’d vote for him 👏🏻👏🏻👏🏻
You speak more sense than anyone on this platform Jonathan Pie. Please don't stop what you do.
Led By Donkeys as well as Larry & Paul seem touch on a few sore points too.
I get the feeling that this is more heartfelt than usual. Very, very, true.
He's starting to get frustrated with Labour. Next: disillusionment. Then: anger.
That's because it affects everyone, there's no escape from these bills because we all need energy and water.
The British public are being "hosed" with those increases. Go, Jonathan! 💪
Sneers from a happy expatriate. Too damn late by sixty years. The barrel is weightless - it happens when it's descending.
Living in Portugal I pay around €25 every two months for water. My October - December electric bill was €35 and I was informed at the end of 2024 that my bills will be 8% LOWER as of January!
The Tories still see Thatcher as a great hero. This video reflects what most of us think about her disasterous privatisations, and the con trick played on a nation. Love the way you sum the situation up!
The trouble is some on the LABOUR FRONT BENCH see her as a great hero 😔😔😔.
Face it, she was for the main part. I bet you weren't even alive during her time as PM.
@@Cornz38Well I was and as far as I'm concerned she was responsible for my last ever tory vote and, more importantly, the wholesale conversion of this country's society to one based on selfish greed and contempt for one's fellow citizens. I cannot think of 1 redeeming quality 🤬
@@professor1972same here. I was the only kid in our class who supported her in 79. But the Tories only ever got one local election vote from me as she and her moniterist policies destroyed our manufacturing base and they ripped the heart out of social housing.
Like his counterparts in Germany, first they went for tho socialists, then for the trade unions, the for thesic, disabled. The racial religious pecetution reached another lève of how 😢and who could kill them most effectively?The moment I hear on the Israeli media. Any recogtion of the others, like the Roma/Zinti peoples, or their restive asylum-system, I see an apartheid genocian stare, completely splitting in the face of the international humanitarian laws, ratiferd bythe majority of the worlds’ governments and approved by the lawful legal ordersthe UN, SC, GA, composed of 194 member state.apart but a few out there, in the dark, like the US, the UK , other chaotic states and Israel not signed up to the ICC. If you wish not be considered with your layer team at the ICJ or the ICC, there must be something irrently wrong with you or your government?!
When are we going to protest en mass? When are we going to demand nationalisation of essential services? When are we going to fight for what's right? We can bring the country to a stand still if we work together, we can demand what's right, if we don't....we deserve everything we get.
We're all too busy shouting at the internet instead
You have deserved everything you have received so far.
And it has to be non-stop, daily, global, and non-violent.
This is nuts. When its all nationalised its still carp, and JP would still be on TH-cam earning a crust telling you how carp it is.
You can only consider demanding renationalisation if you are also prepared for higher taxes to pay for it. That's how it works.
Great to see privatisation working out EXACTLY as predicted.... zeronte investment and the forigen owners skimming the profits... still some MPs got a job.... nice
Indeed......
And as predicted...the poor will pay. Let's see what remains of the Welfare State...we may soon need a large funeral
Mr Pie your commentary is the best. I can't get enough. Bless you Sir
Someone find a way to send this to Keir Starmer
The voice of the people should be the politicians that work for the country, not a comedian, not a freaking comedian!
BUT Starmer is the biggest comedian of them all...
The Jester speaks to the King what others wish to say but are too afraid to
Too true on the Sainsburys part. How many years have corporations had record profits and we tax them in a way they cannot run off to Ireland to avoid, and they start firing people...
Bravo👏. Privatizing public services is wrong wrong wrong.
A failed experiment. I saw that programme about Brian Walden and how he stood down as a Labour MP to become a TV presenter. Too many people believed Thatcher when she spoke to him about how the trade unions and public ownership were crippling the country.
For Royal Mail and British Telecom, ending a state monopoly has been hugely successful. But it only works where you can generate competition. Water and Raid will only have one infrastructure. No competition. They have been total failures.
@@paullegend6798 Successful for whom? Not the people who pay for their services. Have you completely missed the point?
@ Infinite more successful in terms of the products and services. That is so obvious and clear its not a discussion.
In contrast Water and Rail which are natural monopolies, they are basket cases.
it's down to understanding in which industries you can foster competition and which you can't. Ones you can't are not right for private markets.
@@paullegend6798 I can see an argument to be made about BT, although even that was only built on the back of leveraging pre-existing state-monopoly infrastructure. I do think Thatcher should've let them upgrade us all to fibre in the 80s.
However, I am very interested to know how you measure Royal Mail as having improved. As a basic end user, sending letters, holiday cards, and a few parcels; I find they were better in 2010 than now. Even for receiving online shopping. But you may have had an opposite experience.
Totally smashed it again Jonathan Pie. 👍If you understand the issues so clearly, why cant the Government??
Worse than just dividends, water companies borrowed money to pay bigger dividends. When I ran a company, dividends were the share of the spare profits. Why is that even legal? What other corporation could do this, they'd go bankrupt! But no, we the people, are a bottomless pit of money to be swindled out of.
It's not. Dividends can only legally be paid from equity, not debt. That's why they need to make such obscene profits, because profit becomes equity,distributable to shareholders.
@@cycklist this is but a technicality, though. They borrowed to pay for operational costs, then mysteriously paid that same amount out as dividends from "unused" money from the bills. That's borrowing to pay dividends just with extra steps. The law isn't fit for purpose if it can't keep up with such simple evasion.
Don’t forget, Blair’s Labour had a very long time to change this madness too. But I’m with you on blaming Thatcher!
Tony Blair was a big fan of Thatcher.
Neo-libs dressed in Labour's clothing. Neo-liberalism was shipped over here by Thatcher, and that ideology has become a terminal cancer in British politics because both sides have become infected by it's followers. I really hope it gets kicked out of mainstream politics eventually but I don't have much faith to be honest.
none of them have done much for the people
Blair was thatchers favourite choice to continue privatisation.
Edit. Apologies, was meant for @terryclark9283
That Labour government introduced more privatisation. A trend I don't see reversing with any who could realistically win.
Excellent. Yes, Thatcher, and her buddy Reagan. We are in a world they created.
yep, the world didn't exist before they arrived. Or maybe it did, but it was paradise, then they came along and made it hell. Nobody else is to blame, no other decision makers have had any impact on your lives in the past 35 years.
@@rutessianof course.
😊😊😊😊
Maggie and Ronnie screwed more people than any other western leaders in the 20th century. Check how incomes failed to track profits since these two gamed the system on behalf of their constituents.
@@rutessian 35 years?
Confirms your ignorance of political history. Muppet.
@@rutessian. Not saying that BUT THEY ARE THE ONES THAT STARTED this #%^*+£¥ up circus 🎪 show we all have to deal with. They made decisions that gave us the others. I don’t know about any other country but I can tell you ALL BAD THINGS IN THE US in some way or another will lead back to Regan !!!
That's not to mention north sea oil/gas which doesn't benefit us at all!! All supplying other countries to get more profits.
I'm so glad to see you enraged because I feel exactly the same. The people need to take a stand collectively and refuse to pay these ridiculous bills. Then they would have to change the system, because they couldn't jail us all or cut all our energy supplies!!
This is Thatcher, Blair, Cameron, Johnson and rapidly becoming Starmer. No spine in sight
Indeed. All the principled Labour MPs got their whip suspended indefinitely or expelled by the party.
You missed out Theresa May.
I guess the most memorable thing about Major and Brown, is that they are forgettable!
@@andrewschroeder9502Major did his best to govern with an ungovernable Tory party that was eating itself. Brown put the country back on course for recovery after the Credit Crunch, only for Cameron and Osbourne to torpedo that recovery with austerity.
Don't worry I am sure Nigel Farage will be different, he seems like the sort of bloke who cares about Wealth distribution and public services.
The people who want privatisation are the same people who always say we should run the country like a business. But imagine a business CEO coming in and selling the office, selling the computers, selling the machinery, selling everything they own and then renting it back out at exorbitant prices, while also committing to paying for repairs for those things they don't even own anymore. It's insanity, and over decades it has crippled the country.
Basically how the Tories ran things and how Reform want to run things but on steroids. We were promised change with Labour. They've got a huge majority, they need to start using it.
Why is there a low amount of likes on this comment? It's basically the nutshell.
.. or is this AGI?
Clive Lewis is introducing his Private Member's Bill on the public ownership of water to Parliament on 28th March. However given the current scandalous situation, and the fact that 82% of the public are in favour of change, it should have been a top priority for the Government, rather than being left to a Private Member's Bill.
Another of Starmer's U turns. I voted Labour hoping Starmer would lose his seat so Angela Rayner would become acting PM. Had I lived somewhere where the Green Party or the Liberal Democrats stood a chance of winning I would have voted for them instead.
@@lemsip207 There wasn't much chance of Starmer losing Holborn and St Pancras. He had 48.9% of the vote. It would have been higher if Andrew Feinstein hadn't stood as an Independent because of Starmer's Gaza policy.
I voted Green Party in Starmer's ward in the hope of keeping Reform 5th as strong chance they would come 4th. Greens did best the Reform. Knew Starmer would win and I wasn't keen on labour so pleased to do some tactical voting.
@lemsip207 you're blind. It'll cost the taxpayer billions. It's unaffordable. Unfortunately. I remember the days pre privatisation. It was a simpler world. Many profited during the sell offs, and still do.
The government dies not have the money to buy them back. They would have to borrow, borrow, borrow and tax, tax, tax.
@@caldidil9065So, what's wrong with Reform? They have successfully businessman running the show. Zia Youseff is very astute. And successful. As well as pro British.
I blame Thatcher as well. The country has gone down thevtoilet since 1979. Well.said.
Tend to agree but the fact none of the fuckwits that followed her could do a better job or come up with any better ideas really shows the ineptness the British people have suffered
Thatcher privatised a year before she was ousted. Major oversaw the private water for 2 terms, Labour for 3.
The uniparty is the uniparty with two right wings.
The devotion to GDP growth at all costs has become almost cultish. We're already the 6th richest country in the world, the problem is how skewed the distribution of the money is. Plus, where does it end? When is enough growth enough to turn our attention to the other issues; or do we have to keep sacrificing all good things in servitude to the malevolent, all-devouring God that is The Economy? If pursuing growth means diminishing people's quality of life & wrecking the environment, MAYBE it shouldn't be priority number 1.
Don't forget about millions of immigrants being imported to artificially inflate the GDP every year. We have been in a per-capita recession/stagnation since 2008 but since we have imported millions of immigrants we have given off the illusion of growth while everything is more crowded and more expensive for the everyman
give an example of them "importing" immigrants, kindly point us to a govt policy, or enacted law which seeks to "import" these migrants?@@Flame1500
@flame..
give an example of them "importing" migrants! kindly point us to a govt policy, or, enacted law which seeks to "import" these migrants?
@@Flame1500if by importing migrants you mean actively making their home countries unlivable and creating work visas for stuff life teaching nursing and care work because apparently white people can't do that then yeah you're right immigrants doing the jobs no one else wants with the least pay is the problem.
@@mrwong8584 I am pro-immigration but he is not totally wrong. Look at the legal net-migration numbers since Brexit. Meanwhile, they all focus on the tiny percent of folk who risk their lives on small boats. If the Tories (now Labour) had implemented a national strategy to support training programs in 2016-20, we would have less vacancies in services like the NHS and not needing to pump up the numbers with people from places like India. But that would require the political will to do something radical.
Wow this is the earliest I've been to a J Pie video! Speaking the truth as always!
The government should be blocking any "profits" going to shareholders until water companies get their acts together and run the service they're paid to provide. (Better still would be to strip them of their right to operate and take them back under public ownership, like Labour Mayor Andy Burnham has done with Greater Manchester's buses), what's the point of Labour if they're going to carry on David Camorron's policies
How does this man deliver these rants without taking a breath… absolute genius..
He must inhale through his skin…
Water, Trains should be nationalised. Privatisation don't make sense for them, as they are monopolistic, high investment infrastructure systems. And importantly they provide essential services.
He may blame thatcher, but I think if you examine the methods & ideology, you end up back at the small hat clan, just like so many other European nations did in the past
If private concerns could REALLY offer more efficiency and better value for money, they should be able to operate alongside the supposedly "inefficient" and "too costly" public services shouldn't they?
The fact is they can't, never could, never have and never will, despite being almost gifted those public services in the first place.
They have just become cash-cows for the bosses and shareholders. A mother-lode for the super wealthy to mine.
We used to have separate private rail companies in Victorian times, yet they all provided a very good affordable service, punctual and with nice staff to wheel your luggage for you.
@@adamguerrero5293 "small hat clan" What sort of hats are you referring to?
@@rowanrobbins the same sort the pope wears. The whole system described as problematic derives from one aberration: usury.
Passion, truth, honesty, straight talking, integrity....no minister has anywhere near as much as Jonathan. Great speach. ❤
Nailed it again...
Amen Johnathan. Absolutely everything you say I would like to scream in the ears of Sir and Rach
I worked for a water company for about 4 years during Tony Blair's time as PM. During those 4 years, the water company I worked for was sold by an Australian bank (for a few hundred million pound profit) and bought by another Australian bank (who owned another water company in the UK and merged them toghether). It's crazy this is allowed to happen with water companies. Nothing changed during those Labour years, obviously nothing was going to change under the Conservatives and nothing will change now sadly.
This country was sold off a long time ago.
Yorkshire Water is half owned by a Hong Kong-based investment firm, and half owned by the state investment company of the government of Singapore. They've paid themselves over £7 billion in dividends, racked up nearly £5 billion in debt, and shat all over my local area literally every day last year.
South Staffs sold itself to its own shell company on a IOU so it doesn't appear to be in debt and therefore can pay dividends to shareholders.
Wow! The country under Labour is the worst it's ever been and yet you're still blaming Thatcher! Typical Labour supporter blaming everyone other than themselves for the shit show they're running.
This man Pie speaks for millions. Pity Labour doesn't any more.
They are too busy locking people up for saying the wrong thing. People actually doing the wrong thing however, seem to be getting away with it.
Doesnt ever mention the millions of foreigners imported to do jobs and even come here and get welfare...
Then the 9 million who are not working costing 48 b
What do you mean Labour doesn't speak for millions? They sure do, they speak for millions of Afghans, Iraqis, Pakistanis, etc..
Yeah just don’t convince yourself reform do either
@@robertdale8596 labour are just the Democrat party but without the Hollywood stars.
They still got 90% of the media, all the tv, institutions, stars, celebs, sports, MI5 with suppression of information.
Absolutely right, I blame Thatcher too!! Keep going Jonathan Pie
Might be worth portioning some blame for Blair here , had he monitored offwat at the time in the late nineties and early 2000's , just maybe we wouldnt be in this situation had we fixed the leaks , successive Labour governments are also to blame ........offwat offcome offgas , all that lot are a waste of time
Dont forget Tony Blair.
pass the blame, dont step up. ideally, blame the dead. dont try to do democracy and make your lives better yourself because that might disrupt the establishments. dont keep your eyes forward, keep on looking back so you can walk backwards to whatever pit awaits you.
is that the gist of it, that im hearing from all this? seems like it. the lack of forward planning from the UK is deafening.
@@Pilvenuga They are all scum. Democracy is a fairly tale.
here here. absolutely spot on. Thank you for articulating exactly how I feel.
People say that privatisation has failed!
They are absolutely wrong.
Privatisation is working exactly how it was always supposed to work.
The rich get richer...
@@nialloneill5097 . Just like 'Right to Buy' was always about getting the social housing stock into the hands of private, corporate landlords, even if it meant bankrupting to poorest in society.
Yep. Yep. Spot on. Yep. Absolutely. Nailed it. Yep. Yep…
Love you Jonathan! Thank you for saying what we're all thinking 👏👏👏
It is so good to listen to Pie and he made it easy to understand why all of the working people and pensioners are outraged at the profits made.
BEST ONE YET.
Couldn’t have put it better myself. Everyone needs to watch this.
“It comes in rain…..it’s f**king water” 😂😂😂😂
Made me laugh too. It is a commodity though.
Michael Burry, the guy who saw that the housing collapse was coming (as played by Christian Bale in The Big Short), was so distraught at the lack of humanity in the financial markets that he quit running a fund. He only invests personally in one thing now, water. That is scary af.
Try drinking unfiltered water like a n African, see what happens
Don't give them ideas, or they'll privatize rain and charge you for it too.
Fun fact. it *has already happened* before.
Time to invest in a rain collection system...
Falls from the sky for FREE.
Please stand as an MP. You’ve got my vote. I don’t recall the last time I heard any of our current batch of MPs (or the previous bunch for that matter) speak with such passion and clarity about our national direction of travel.
I think if he actually had to make the decisions and balance the books at the end of the day, he'd be in a spot of bother.
@@alsmith20000yeh heas a comedian at the end of the day it's easy to get support and say things when you have no responsibility.....support for "pie" is no different to farage
Theatocracy? Could work I guess...
@ have you seen PMQ’s recently?
@@carmadme our politicians mostly don’t even say anything convincing either though.
Absolutely brilliant you should go on question time can you imagine it!😆😆😆😆
Remember when they said privatisation will give us a better service for less money, so its better for the company but customers are the one's with less money.
They said competition drives down prices and increases quality, try changing your water company, you know the one dumping raw sewage.
The now Lord Howard who oversaw the privatisation of water back in 1989, said in the excellent BBC Radio4 15 minute essays 'The Prophets of Profit', 'We look the view that it would be likely to get more investment if it was in the private sector and didn't have to compete with all these other public goods'. Speaking about the failure of the owners to invest, Howard went on to say '... I don't think that I necessarily thought it would work out like that. I thought that the capital could be provided with a mixture of equity and debt ... I think with the benefit of hindsight, that it would have been better if they had required a greater proportion of the finance to be provided through equity investment and a small proportion of debt ...' The profits were privatised and everything taken from the unfortunate customer.
They were supposed to be heavily regulated, and the theory was they'd be more efficient and therefore cheaper as the private sector has more incentive to be efficient than the public sector. Of course the big shareholders bought off the regulators, making them toothless and unwilling to stop them asset stripping and ripping off the customers. The regulation was especially needed for water where you can't switch supplier like with electricity.
As usual, you hit the nail on the head with every brilliantly made point. Thanks J.P.
If only news presenters were this honest in their reports!
They probably have stock portfolios in Utility shares.🤨🥺
His character is a frustrated news reporter who says these things off camera, not on camera.
All they do is read from a script there's zero individuality in any mainstream news readers
lol why would propagandists do anything but spin?
I guess news presenters have to try and be unbiased, they work for a network. JP kicks off when the camera is off.
Jonathon Pie - again telling it straight down the line and how it is!! Its a shame this man hasn't been elected to PM - or Sec. Gen of the UN!! 👍
Absolutely best commentary EVER!!!
IF ONLY YOU WERE OUR PM 🤔🫡
Much love from Scotland
❤🏴❤️ ALWAYS
Jonathan Pie you are my hero! Again, thank you so much for uploading regularly!
I wish this guy would go on Question Time... He would rip them to shreds!
Why do libs love the same repetitive sh*t over and over again?. This guy been doing the same joke for 8 years...
Are libs like babies who never EVER get bored of peek a boo?
Him and the pitch meeting guy must be up for a world record?
Well said. Any guesses why? lol
Would he? Can you take a scripted monologue in?
OMG YES!
@@morrit33 all my luke warm comments are getting zapped
Never, EVER a truer word spoken in jest. The corporate Con has been driving me literally insane, and you have NAILED it, JP. NAILED IT!
Water up, council tax up, ni up, petrol up, bonuses for ceos up, mps wages up.......blood pressure UP!!
Time's up
@Etcher yup
Anger of much of the population up. I can’t see this system we are in lasting long term in Anglosphere countries. Can this system of endless corporate greed last another generation or two. Where will young people live when there’s no house to afford. Families already not having children en mass. I don’t think this late stage corporate capitalism will last another 20 years at this rate. Will end in blood.
Thank you for being the outrage we should all be.
I do find it somewhat cathartic listening to your rants Mr Walker. Thank you. Please keep them coming...
Dear Mister Pie, we appreciate your profound summary and so very accurate reporting so much!
"Overseas investors own more than 90% of England's water and sewage companies."
Thank you Johnathan for giving voice to humanity's terror.
In Scotland our water is still publicly owned, our water has gone up by 9.9%, it's now £108 a year.
Per what? Per annum? Just shows what can be done. I did canoe in a loch with floating tampons, though.
In Florida, the average water bill is $120 per MONTH!
@sanataj 83% of English rivers are polluted, 3%of Scottish rivers are polluted, amazing what you can reinvest when you don't have to pay dividends to a consortium of foreign investors.
Here in Queensland we pay $1600 per year so roughly £800. Less than $100 of that is water usage as we are low water users. The rest are all fixed charges.
Ours is a mix of local authority and State charges and the latter goes to a private company that own and operate the dams, reservoirs and treatment plants. That part accounts for about a quarter of the overall bill.
The question I never here is "Well, if all public services (nearly all) are for profit where is the tax money going?" This video is asking that question. YAY!!
Taxation is a form of slavery, if that money isn't being spent on the taxpayer's life strings to help them pay tax... such a go around, but that's not happening. The protectors of systematic time dilation to the negative (time being the most priceless commodity) just killed the winter allowance... where is that money going?
lol!! Love you!
Labour had years to devise a plan on how to govern and then the electorate got a milquetoast leader who's more conservative than the conservatives.
Instead of not wanting to rock the boat Starmer should have said "If you don't drop the price back to where it was I'll nationalise the industry and from what I can see the business is worthless. So it shouldn't cost us very much."
That should tank the share price and teach every other company about what a stateman is willing to do for the good of the people.
I'll predict that Starmer won't last the rest of his term.
He’s spot on! We’re living in a society where those in power look after their donors and themselves!
At 2:53 "To everyone else, it feels like they've only sat at their desks and still arranging their pens and working out where to keep their post-it notes, people are asking for fundamental change & you're only piddling with paper clips"___Jonathan Pie 🔥🔥🔥
Love your videos, much along my thought lines yes thatcher did start the downward spiral 🤬