Fool you twice, shame on you. It's a basic premise, since Adam Smith delineated the basics of market capitalism, that monopolies will be abused. Free of debt, it's a profitable business (de… (View Post)

Trump supporter, a machanist, loses $32,700 on Trump coin. He blames Democrats. https://x.com/RichardHanania/status/2072763354528251992 Ferguson: I think it’s awesome when people succeed. He keeps do… (View Post)

That was the argument for privatising water the first time round. It simply doesn't apply in any meaningful sense to an essential public service monopoly. The fact that we're *still* ponder… (View Post)

Of course. The point is that he evidently wants to try his policies, not Ed Milliband's or anyone else's. I'm not saying they will work. (View Post)

Not entirely. Certainly the case of Thames, we can make the bond and shareholders eat the existing liabilities first, if we're sufficiently ruthless. (View Post)