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Old October 19th 11, 06:51 PM posted to uk.railway,uk.transport.london,misc.transport.rail.europe
Bruce[_2_] Bruce[_2_] is offline
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Default Modernization of OSE (was: "Modernisation of Irish Rail : 1997 - 2011" Talk.)

Hans-Joachim Zierke wrote:
That Greece /got/ a lot, is out of question. Like those Hellas-Sprinter
locomotives on the yard tracks, which were bought for several millions
per piece, and never saw any service in the last 10 years, for lack of
ability to complete the electrification.

So it makes more sense to ask about /results/.



I wholeheartedly agree. Unfortunately, there are too many people who
believe that spending is an end in itself, when what matters is how
well that money is spent, and what return it provides.

In the UK, we had 13 years of a Labour government that valued spending
above all else, but paid very little attention to what that spending
actually achieved. They proudly published figures for their huge
increases in public spending; meanwhile, it was mostly difficult to
see just what value this spending had delivered, apart from a debt
that is worse than that of Greece.

So any criticism of Greece, however soundly based, should be carefully
made, because Britain also has plenty of examples of where
ridiculously large amounts of money have been spent, yet little or
nothing has been achieved.