If Andy Burnham CANNOT even take Thames Water into public hands - and stop it being taken over by US hedge funds - how can he end neoliberalism as he promised?
Special Administration of Thames Water is the low-hanging fruit
@andyburnham is risking turning into Starmer 2.0
btw the reason Poundland is going under is exactly what you think - they got bought by a venture capital firm, the firm forced Poundland to take out a £30m loan to give shareholders a gigantic payout, and now they can't pay back the loan and are going bust.
It is a sad reflection of modern football that the man who cares most about Manchester United, who will loyally, diligently again go into Carrington today to try and tackle the mess, is the one being eased out by those gathering in Monaco and via a link to Florida who don’t truly have United in their heart. Those who are primarily responsible for the mess.
Michael Carrick will leave the club sooner or later but the club will never leave him. United mean too much to him. He gave everything for the team in 464 games. His son plays for their academy. Being United head coach is not simply a job for Carrick, it's an honour he feels deeply proud of.
The manager who last season masterminded home wins over Manchester City, Aston Villa and Liverpool and away triumphs at Arsenal, Chelsea and Brighton has undoubtedly made mistakes this season. Diogo Dalot at left-back, not bringing Shea Lacey on earlier, etc. The poor run, and tumble into the relegation positions, inevitably means his job is on the line.
It is possible to understand why Carrick should lose his job but also why others should be held accountable, too. The decision on Carrick would be more palatable if it weren’t being formulated and then executed by Omar Berrada, Jason Wilcox, Sir Jim Ratcliffe and the loathed Glazers. What good have they done to this great club? Debts and decline, holes in the roof and in the squad.
Carrick’s contribution to the history of Manchester United is substantial and his legacy secure – winning five titles and taking responsibility for a penalty in the 2008 shootout that helped win the Champions League.
At the very least, Carrick deserves to be treated with far more respect than is currently being shown to a dignified, hard-working individual as the clock ticks down on his departure. His exit is being handled appallingly by the club. Red man walking. At least United fans are showing all the class their board lacks. The Stretford End sings Carrick’s name because they know he is not the real problem.
It will be no surprise in weeks to come to spot Carrick standing, hood up, with United fans at an away game. They will welcome him warmly. He’s done it before, being a fan again. Carrick loves the club. He has ever since he was an apprentice at West Ham United, charged with keeping the away dressing-room tidy, and admiring how Alex Ferguson and his smartly-dressed collection of winners strode into the Boleyn Ground. They had an aura, and Carrick wanted to be part of that.
Carrick will leave the club physically, dismissed as much for the failings of underperforming players, those incompetents in charge of recruitment and the unpopular owners, as for his own undoubted mistakes. But Carrick will never leave United emotionally. It's sad that someone who cares so much will go, and those who don't care as much remain. #MUFC
🚨BREAKING
The Financial Times has just revealed that Thames Water’s US hedge fund creditors are close to agreeing a ‘last and final’ deal to take over the company.
A handover to US hedge funds. A continuation of the privatised chaos. And a huge reward for the people who have run our water into the ground.
The deal would see them allowed to pollute our rivers and seas without consequence - in exchange for an upfront payoff.
This deal is absolutely outrageous, in every regard.
112 MPs have already called for special administration of Thames Water.
A cross-party group of MPs - who scrutinise the Environment Department - have said that the creditors’ proposal should be rejected and Thames Water should be brought into special administration.
And the former Environment Secretary rejected a previous version of the creditors’ deal in June. This new version is not better in any way.
@andyburnham promised to reverse Thatcher’s legacy of privatisation. He promised public control of life’s essentials.
This really is the moment of truth for Andy Burnham. If he allows the water supply of 16 million people to be sold off to US hedge funds - how can we take him seriously about any of his promises?
NO DEAL to the Thames Water creditors. Special administration now.
If true this is outrageous.
It seems that Andy Burnham’s latest version of ending 40 years of neoliberalism is handing Thames Water over to US hedge funds.
Labour have stopped even pretending to serve us or our communities anymore.
Labour stand for the hedge funds.
Tech bros don’t understand that when 90% of ai messaging is “oh we will put you out of a job and inundate you with instagram reels slop content”, the average person generally isn’t pleased
The greatest lie of our time is that AI is here to help the average worker.
It’s here to replace you, lower costs and increase shareholder profit.
Simple as that.
That shoddy deal belongs in the bin.
It’s barely changed from the deal ministers already rejected: creditors pay £1bn to dodge sewage and leakage fines until 2030, then cash out on the stock market.
Nothing screams ‘neoliberalism’ like privatised water. Thames Water is the key to ending it and bringing water back into public ownership.
Don’t fudge this.
For those fans whose optic nerves have been damaged by Arsenal football, I urge you to tune in to Man City for some beautiful football. Pure art, pure aesthetics. You’ll thank me later.
Might be an even bigger mistake to think that people don't mean it when they are telling us loud and clear that they just don't want the latest environment killing, get super rich quick scheme for overseas investors, that passes for "growth" these days...
Silicon Valley keeps celebrating how many jobs AI can eliminate.
Young Americans aren't nearly as excited.
64% of Americans ages 18–29 consider AI replacing jobs a serious threat to their financial security.
And the concern crosses political lines.
76% of young Democrats.
61% of young Republicans.
61% of young independents.
The people building AI are talking about productivity.
The people entering the workforce are worried about having a paycheck.