Private monopoly: takes all the blame, gets sued by state (public profit), raises rates to cover (private subsidy to state payout), gets corporate bailout from

Private monopoly: takes all the blame, gets sued by state (public profit), raises rates to cover (private subsidy to state payout), gets corporate bailout from feds (double profit) regardless of who runs things State monopoly: Governor gets blamed, impeached. Few hundred top HN posts. State raises taxes to pay off loses. Gets fed bailout if friendlies in WH. Public monopolies don’t make any economic sense.