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thamestrader - Thu, 29 Dec 05 :

Agree with much of what you say about privatisation of things, DysonHooverman, especially railways.

Many good things came with rail privatisation, and we do have the fastest growing railway in Europe. However, we'd probably have had that anyway, and splitting the railways into 26 passenger tocs (some bankrupt, some merging), 3 roscos, 3 freight tocs (since merged into one), an infrastructure outfit (since bankrupt and replaced), and a host of regulators and other quangos in an attempt to allow competition which has not materialised and which we don't want anyway, was downright stupid and it doesn't take DysonHooeverman or me to see that. A chimp could've worked it out all on its own without the use of a typewriter.

Having said all that, I've forgotten what the aforementioned good things were.

Oh, yes. Crossrail might, just might, eventually, happen. If this does indeed turn out to be built, we will at last have started to catch up with the French (who, if you will recall, we like to think we're better than), but this could (or should) have happened quicker under the old regime, because we need it, even if it loses money. No need for heaps of lengthy cost/benefit analyses and appeal procdures, the chimp can see that it's needed.

Unfortunately, the way railways are structured is now subject to EU regulation, and other countries are copying the highly successful (aye right) British model. This is yet another reason we should leave the EU, but don't get me started on that.



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