"Seamus O'Reilly" ๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฎ๐Ÿ‡ช๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ฑ's Avatar

"Seamus O'Reilly" ๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฎ๐Ÿ‡ช๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ฑ

@jimbobuk.bsky.social

Genuine citizen of the world. Dad of autistic dyslexic. NHS. Ex lab cllr. From Kirkby/Walton in Liverpool... Army brat - hence wonky Scouse accent. Abuse & Ranters get instantly blocked

480 Followers  |  836 Following  |  7,649 Posts  |  Joined: 13.08.2024
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Posts by "Seamus O'Reilly" ๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฎ๐Ÿ‡ช๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ฑ (@jimbobuk.bsky.social)

Correct. It's ยฃ90+ bn, 20bn, or using SAR where businesses have collapsed: 5 bn using a variety of calculation sources.

But I doubt it'll be ยฃ5bn. Most likely 20bn+ mid to upper range. But that's my estimate purely based on my experience as a local councillor and seeing costs...

03.03.2026 15:36 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Quite possibly. Who knows.

03.03.2026 15:29 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Bull David. This mess was created by: thatcher, Howard and later EA regulation via Cameron and Truss.

Pictures supplied as you have forgotten.

03.03.2026 14:44 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

It's the shareholder value: This figure includes the market value of the companies' shares plus the requirement to take over their entire debt pile.

03.03.2026 14:36 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

It might. But that could open up legal actions against the government.

The issue isn't for or against... It's how to do it. The issue with Zack is... He has no how.

We can all shout from the roof top. It doesn't make it true even if we all shout 'we agree'. At some point reality bites

03.03.2026 14:33 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Indeed. As a councillor I had contacted ea many times over microplastics and nothing.. just verbal and an upset ea officer saying nothing was happening

03.03.2026 14:28 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

The company is crumbling, but the generated profit isn't.

03.03.2026 14:24 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

They are hugely profitable. Water companies have raked ยฃ80bn in profits and left the system crumbling instead of ploughing it back into repair

03.03.2026 14:23 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0

It's the cost of the business shares buyout apparently.

03.03.2026 14:22 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

And that's just Thames.... So it's still likely to be close to ยฃ90bn in the end.... If this is done to 25 water companies

03.03.2026 14:13 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

5. SARs avoid ยฃ90 billion buy out by legally classifying thames water as failed. But would cost ยฃ3-4 bn as a temporary loan to government.

Shareholders could launch legal actions against government. Being aggressive reduces money available for infrastructure from private firms.

03.03.2026 14:12 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

4. NewCo stays off the taxpayer's tab by issuing long-term "Green Bonds" to private markets. Investors get steady, low-risk returns while the 50-year plan fixes the pipes. A self-funding, public-interest exit.

03.03.2026 14:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

3: Assets move to a "NewCo" public corp. Parliament locks it as a Not-for-Profit for 50 yearsโ€”no dividends allowed. Every penny of surplus is legally mandated for infrastructure, not shareholders

03.03.2026 14:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

2. Thames Water hits SAR: The High Court appoints an administrator to prioritize service over profit. They use legal powers to "haircut" the ยฃ18bn debt, wiping out bad investments to make the books work.

03.03.2026 14:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

My thoughts on how Labour water nationalisation could occur as companies like Thames fail.

Administration (SAR) to long-term Not-for-Profit ownership:

1.

03.03.2026 14:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

That's what's winding people up. It's all mouth.

03.03.2026 14:01 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

ยฃ90bn. Personally I'd love to nationalise the water. But ยฃ90bn

03.03.2026 13:51 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Labour favours nationalisation of trains as they expire. Water is different. It would cost ยฃ90 billion to buy out the companies. That's ยฃ90bn of public debt. Sounds great nationalising water: I'm on board until I hear that number and then what of the NHS budget. Mouth, protest & no pants

03.03.2026 13:46 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 0

They had no authority from the British government from my understanding other than defense as stated by Starmer causing trump to cite his disappointment

03.03.2026 13:32 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Preview
Europe's answer to Starship In the summer of 2023, something happened that engineers had talked about for decades but few genuinely expected to see in their lifetimes. SpaceX's Starship, a stainless steel tower taller than a 30-...

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Now...do cheap commercial mobile phones os

03.03.2026 12:13 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Time line cleanse:

03.03.2026 11:49 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Perfectly ok by me. But.. :-)

03.03.2026 11:41 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Bring back the brilliant Caroline Lucas. Not a fan of the new wave. Sorry.

03.03.2026 11:37 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Weirdly enough: it's a list. So yes.

03.03.2026 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

It's a joint military base. It's not exclusively British.

03.03.2026 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

My wife and I have loaned out vot to the greens, in many ways they were an environmentally traditional, calm vote. But no longer.

03.03.2026 11:25 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Are you? Or are you naive? Or rather... Do you know ... I don't actually care...

02.03.2026 22:23 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Ah... But what shade of left was I, I guess supporting and being active for Corbyn wasn't enough.... You are a bigot as you make assumptions.

02.03.2026 22:20 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
Amiga Workbench Simulator helps you pick your ultimate retro desktop โ€” TAWS recently updated with refinements to OS 3.2, AmiBench presets You can test a very wide range of Workbench GUIs from version 1.0, through 3.1, 4.1, and even AROS, from the comfort of your browser.

www.tomshardware.com/software/ope...

02.03.2026 22:16 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Bull. Are you based in Iran? Are you a bot. I'm sure the ones they sell to Russia are legal and defensive??? Go on with you.

02.03.2026 21:48 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 0