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Fantastic_Chemical67 t1_iy3d5yl wrote

Reply to comment by pa_bourbon in The danger of for-profit water companies such as Aqua America by [deleted]

I don’t think utilities should be billion dollar private companies.

Necessary services and infrastructure shouldn’t be price gouged by worthless MBAs pretending their adding “shareholder value”.

A fair salary is one where the CEO doesn’t exist.

Fuck private utilities.

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pa_bourbon t1_iy3f73o wrote

Got it. So the government should take over a $15 Billion company and have no one run it day to day. I’m sure that will work out perfectly.

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Fantastic_Chemical67 t1_iy3g1uf wrote

Cope and seethe.

People shouldn’t have to be price gouged for services necessary for living.

The cost to sustain your shithead CEO buddy’s total compensation is thousands of hardworking households water bill.

There isn’t a single public position that pays close to what he makes and there shouldn’t be.

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pa_bourbon t1_iy3kbrq wrote

And then we wonder why government owned utilities are poorly run and underinvested in their infrastructure and need to be bought out to rescue them from the mismanagement.

Somehow we’ve come full circle here.

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Fantastic_Chemical67 t1_iy3magv wrote

I don’t wonder why.

Literally it’s because of starve the beast policies enacted by Republicans looking to privatize utilities so people like your buddy can suck on the teat of hard working Americans.

Private utilities are worthless middle men that jack up prices for profit and people like your CEO buddy are leeches on society.

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pa_bourbon t1_iy3og4a wrote

Explain pittsburgh water and sewer authority then. A city run by democrats and the utility is woefully underinvested. Not everything is politics.

Most of the poorest run and underinvested utilities are in big cities. Big cities trend blue…..

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Fantastic_Chemical67 t1_iy4el29 wrote

Yeah that turns out so well for municipalities that decide to privatize their utilities.

Privatizing public services is almost always a complete disaster because there is no market competition for a utility.

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pa_bourbon t1_iy4iobv wrote

Got it. You’re one of those people that prefers your bill to be cheap and to kick the can down the road to a future generation to pay for the problems that your generation neglects. This is what the baby boomer generation did to most of our government owned utilities by the way.

It’s a very short sighted strategy that government owned utilities use. Because by the time the bill comes due, today’s politicians will be gone from office.

But keep whining about greed, etc.

No matter how much you want it to be cheap and free, reliable utility service costs real money. Those costs are increasing like costs are everywhere else. For some reason we thought it was a good idea to close a bunch of nuclear power plants around the world, so electricity is only going to get more expensive.

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Fantastic_Chemical67 t1_iy4wmo3 wrote

Yeah if only the altruistic millionaire CEO could save us from ourselves by raising rates astronomically and reaping millions in compensation.

Average CEO tenure is less than 5 years. Less time than most politicians stay in office btw.

Seriously get bent. Your ideology is gross.

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