Quote:
Originally Posted by jaysay
And if it had been renationalised how much money would the tax payer have to pump in to make it viable, nationalise industries treated the treasury as an unsustainable bottomless pit
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we would actually save money as the profits would be invested back in the railways private companies are established to make a profit so we now have railway companies taking subsidies and still paying shareholders their premiums thats what you call a waste.plus railway companies paying their directors top dollar without any consenquences ie railtrack who left a trail of debt to their creditors who went bust while recieving billions of payouts the private sector had their chance
Railtrack goes bust with debts of 3.5bn - Telegraph BBC NEWS | Business | Government bails out Connex connex, railtrack, to name a few what we know about.