quote: The fact had been that Railtrack was effectively insolvent and the rail industry could not be left in a state of uncertainty and potential chaos, he said.
"If that meant I had to reverse the privatisation of Railtrack, that was something I was prepared to do," he said. "But in doing that, I did not abuse my position, I did not act unlawfully and I put the public interest first throughout."
Privatization of essential services is stupid. Eventually, it has to be re-nationalized.
From: over the mountain | Registered: Nov 2002
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Briguy
rabble-rouser
Babbler # 1885
posted 14 October 2005 02:40 PM
The important point isn't whether the rail system works, Cougyr, but whether a bunch of investment-class bankers made a load of money while the infrastructure crumbled. Looking at it from the neo-liberal point of view, Railtrack is a great success!
From: No one is arguing that we should run the space program based on Physics 101. | Registered: Nov 2001
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posted 14 October 2005 02:23 PM
