Lesson one: when it comes to the crunch, private sector knows best
►http://www.guardian.co.uk/commentisfree/2011/jun/26/universities-private-public-david-mitchell
The private sector caused the credit crunch, the financial crisis, the global recession. The public sector bailed out the banks and brought the world back from the brink of ruin. When our railways were in public hands, they were shabby, unreliable and loss-making. In private hands, they still are but public money ends up in the hands of shareholders and the tickets cost vastly more.