>When government fails, it's other government's fault, but that is not an indictment of government.
Yeah, that sound nothing like anything I've ever said. I said that failures by government does not mean government can't succeed - it means THOSE SPECIFIC THINGS should be done differently, You cannot generalize the way you do - it's automatically fallacious reasoning and easily proven wrong by the existence of even one well run government service anywhere in the world (and there are millions),
>but that is better than some rich bugger with vested interests in seeing the trains run on time profiting for her trouble
Unless that rich bugger can do it at the same price that it was done in the decades it worked it wouldn't help. The trains don't only need to be on time - they also need to be affordable to the working class. 
If you don't meet BOTH conditions - then the congestion will not be fixed.
I would rather fix a government service that recently failed, than subsidize a corporation.