Captain Speaking: There is not a single point you have made in this thread which cannot be easily demolished. Most of it is sheer invention on your part; a series of imaginary scenarios concocted to support your point of view.
All the positive things you've attributed to privatisation - new trains, reopened lines, line doubling and 4-tracking, improved safety - are nothing to do with privatisation. BR did all those things and they did it for a lot less. Since privatisation, as before, it's public money that's funding these improvements.
You claimed BR "was in a death spiral headed for extinction". This is another piece of pure fantasy for which you have no evidence. It is true that the railways were in a period of decline prior to privatisation and some people thought they were in terminal decline. But let's not pretend that privatisation saved the railway. It did nothing of the sort. Since privatisation, there has been a more positive attitude towards using rail travel generally. That didn't happen because of privatisation; it was partly down to an improving economy and a realisation that we can't go on building more roads for ever while the existing ones become ever more congested.
Haven't you noticed that the state-owned railways in France and Germany (for example) aren't in a death spiral, headed for extinction? Why should it be any different in the UK? Hang on, it's not different at all: The railways in Northern Ireland - that's part of the UK - are still state owned and they have new trains, record passenger numbers and high passenger satisfaction. In fact, BR performed incredibly well with the funding it had. The tragedy is, if the government had just given BR a fraction of the extra money that's now going into rail to pay for privatisation's inefficiencies, we could have had a world class railway by now.
Your assertion that a privately owned railway will automatically receive greater investment from government than a state owned railway is utter nonsense. The issues of ownership and the level of investment are entirely independent of each other. Investment and subsidy from government can rise and fall irrespective of ownership. In fact, what you've said is contrary to capitalist doctrine because we're always led to believe that private industries are more efficient and less dependent on the state. Not on the railway!
Privatisation has delivered nothing that BR couldn't have done; privatisation has just made it very much more expensive. That's taxpayers' money - your money and my money - paying for the inherent inefficiencies of the flawed privatisation model and contributing to private companies' profits. I personally find it abhorrent that taxpayers' money is being diverted into the hands of wealthy shareholders and every person in this country should be outraged that this is happening on such a large scale through the rail industry.
As for BR simplifying layouts and taking out signals, they did what was sensible at the time. Does it make sense to retain - and maintain - facilities that are no longer needed? Of course not. One of the crazy aspects of privatisation is Network Rail's reluctance to remove redundant facilities since this invokes "Network Change" and a reduction in track access charges. So, signals applying to long-redundant sidings will stay in place, year after year, having their lamps replaced when they fail and even in some cases being renewed as LED signals, even though everyone knows there's no chance of them ever being used to signal a train.
You asked why we think the government privatised BR. Did it ever occur to you that capitalist "small state" ideology might have played a part in that decision? There was a certain amount of spite involved as well. Actually, rail privatisation was presented in the 1992 Tory manifesto as ending BR's "monopoly". That was a fallacy, since the railways were, and are, just one form of transport in competition with other forms of transport. Putting the rail industry in competition with itself has been largely counterproductive.
Your suggestion that a private company would prefer to turn around a loss-making service rather than shutting it down is fanciful nonsense. The reality of the "business-oriented approach" is that private companies are only interested in making profit; nothing else matters to them. A private company will only ever run a loss-making service if it's paid to do so, in which case the state might as well run it directly. The General Motors streetcar conspiracy shows what can happen when private companies acquire public transport systems and are left to their own devices.
I've said it before and I'll say it again: Anyone who says the privatised railway is an improvement on BR, all things considered, either hasn't fully grasped the situation or is letting their political loyalties dictate their beliefs. You obviously fall into the second of those categories. You are a Tory Party apologist who cannot bear to admit what is plainly obvious to most people, that a policy implemented by your beloved Tory Party has turned out to be a resounding failure.
Like you, the Tory Party can't bring itself to admit that rail privatisation has failed. So now we have McNulty - whom I believe was instructed by the Tory Transport Secretary to remove any criticism of rail privatisation from his report before it was made public - proposing cuts in ticket offices and on-train staff to save money without addressing the damage that privatisation has done. What will happen when McNulty's cuts don't deliver the desired savings - service cuts and line closures? Is that okay with you, because it's not okay with me?
Your claim that "money is everything!" is very telling but fortunately there are still some people who value our public services.
I'm not sure how relevant your piece about the privatisation of BA is but even I'm willing to accept that privatisation can bring improvements in many cases. Maybe one day you'll realise that the private sector doesn't have the answer to everything however, and you'll accept that many public services are more efficiently delivered by the state. This applies to rail.
I recently heard Britain's rail system described as "Europe's first liberated railway". That would be laughable were it not so dishonest. Liberated from what? Since privatisation, our railways are more directly controlled by government than they ever were. Important strategic decisions that previously would have been made by senior BR managers are now being made by politicians and civil servants who know and care next to nothing about railways and aren't competent to make those decisions.
Fifteen years on, it's now perfectly clear that the system of franchising passenger services is incapable of ever becoming an efficient and effective way to run a railway. Despite various attempts to improve the situation whilst retaining its basic structure, nothing has worked. I don't see any sign of other countries adopting the same privatisation model for their railways. If there's anything to be said in favour of Britain's failed rail privatisation, it serves as a stark warning to other countries who might think of doing the same.
Every year, Britain's railways are costing taxpayers billions of pounds more to run than they did under BR. But they are no better, they are just more expensive. Even if it would cost £30 billion to renationalise the railways, at this rate it would pay for itself within about ten years. Are Britain's politicians incapable of making decisions that we know will bring huge ongoing savings in the longer term? They always seem to be looking for the quick fix.
Finally, here's the link to the e-petition on rail renationalisation for anyone else who's fed up being shafted year after year as a result a failed Tory policy implemented for the sake of political dogma:
http://epetitions.direct.gov.uk/petitions/630