London Banter - View Single Post - Oyster: still an unreliable rip-off

Martin Edwards[_2_]

On 25/04/2014 20:32, d wrote:
On Thu, 24 Apr 2014 18:22:44 -0700
Aurora wrote:
On Thu, 24 Apr 2014 18:47:07 GMT, d wrote:
The government and Mayor are forcing TfL to make their rail services
all run at an operating profit and make surpluses to fund some of
their investment funding. New York's transit funding is notoriously
bad and unpredictable and looking at their current budget there is a
massive operating loss of nearly $6bn just on the Subway and Staten

This time Boltar, I am absolutely with you. Much as I would like to

Boltar? Never heard of him. Sounds like the sort of name someone who was
usually right would have though...

September 1, this penny pinching madness will affect the rest of the
UK. Network Rail will no longer be able to borrow against its assets
like a private business. It will be subject to the availability of
funds from HM Treasury. The chancellor will have to balance railway
infrastructure improvements against funds for hospitals and schools.

Nothing the treasury does surprised me. Bunch of washed up idiots with no
clue about basic economics its seems to me. Any idiot can cut everything
tory style of empty the piggy bank labour style, it takes someone smart to
figure out a 3rd option.

--
Spud

It is not widely known that, while the rest of the Civil Service is
headed by people from many universities, the Treasury is almost wholly
Oxbridge.

--
Myth, after all, is what we believe naturally. History is what we must
painfully learn and struggle to remember. -Albert Goldman