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Thread: Election Year or Fear!

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  1. #1
    Join Date
    Sep 2011
    Posts
    9,421
    If only dividends were paid out in a proportionate manner.

    Look at the water companies. Billions paid out in dividends over the past couple of decades. A backlog of maintenance and repairs roughly equal in cost to the dividends paid out.

    Had they spent the money on remedial and maintenance work, there would be little to no raw sewage being pumped into rivers and seas.

  2. #2
    Join Date
    Jun 2016
    Posts
    15,558
    Quote Originally Posted by MadAmster View Post
    If only dividends were paid out in a proportionate manner.

    Look at the water companies. Billions paid out in dividends over the past couple of decades. A backlog of maintenance and repairs roughly equal in cost to the dividends paid out.

    Had they spent the money on remedial and maintenance work, there would be little to no raw sewage being pumped into rivers and seas.
    The privatisation of water - by Thatcher 35 years ago - was always unpopular and haven’t those who opposed it all those years ago, on the basis that such an important national resource shouldn’t ever have been placed in the hands of a few, been proved right?

    Fortunately I believe - GP will correct me if I’m wrong - less than 10% is related to UK pension funds.
    Unfortunately the vast majority is in the hands of rich foreign businessmen and will cost a fortune to reclaim.

  3. #3
    Join Date
    Sep 2010
    Posts
    9,040
    Quote Originally Posted by ramAnag View Post
    The privatisation of water - by Thatcher 35 years ago - was always unpopular and haven’t those who opposed it all those years ago, on the basis that such an important national resource shouldn’t ever have been placed in the hands of a few, been proved right?

    Fortunately I believe - GP will correct me if I’m wrong - less than 10% is related to UK pension funds.
    Unfortunately the vast majority is in the hands of rich foreign businessmen and will cost a fortune to reclaim.
    IMO you/one should look at it the other way before declaring clean hands - not ‘how much of shares are in my pension’ but ‘how much of my pension is in shares’

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