Yes, government backed trusts can make lots of money - see: railroads and phone system. That does not mean that is the best state of affairs for most other bus

Yes, government backed trusts can make lots of money - see: railroads and phone system. That does not mean that is the best state of affairs for most other businesses. I am pro free-market competition, but the trouble is most big businesses are not. Do you seriously think it would have been a good idea to have exactly one phone company in the US during the dot com boom? Can you imagine how long it would have taken to get a T1 provisioned from Ma Bell? Instead because the government sued AT&T and broke them into 7 smaller companies and forced them to open the CO to competitors we had many companies to choose from. I say companies should be able to do whatever they want as long as they are small enough to fail - i.e. I am not on the hook for paying off their bad bets