"Railtrack seeks £1bn early from taxpayer" UK News: Railtrack repair crisis threatens Channel link THIS is what passes for good news from the railways: Railtrack loses over £1m a day, about £400m this year. That'll teach 'em to put profits before safety. It almost makes the daily commute more bearable. Just think of all those shareholders losing their shirts. Except they won't, of course ... The very idea helps explain why the shares fell only 25 to 968p yesterday ... Never mind, there's an election coming, and with it the prospect of £1.1 billion from the taxpayer. From "The Daily Telegraph" an English broadsheet - - - - - - - - - - - - - - - - - - - - - - - - - - "Perceptions" note the newspaper is disingenuous, probably following its own political agenda. In reality Railtrack is a private company which controls the main British rail network, supplying expensive, badly run train services which the poor cannot afford. Yet the poor (and middle-incomed workers) pay for the service, through regular tranches of taxpayers money being injected to assure the rich shareholders' profits from a system which would otherwise be broke. NB In Britain only the poor and the middle-incomed are net tax payers. - - - - - - - - - - - - - - - - - - - - - - - - - - evidence page for http://www.perceptions.couk.com/tax.html - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - FURTHER REFERENCES GO - "search perceptions" - in SEARCH-ENGINE file-ID www.perceptions.couk.com/offtrak.txt