PFI is the nexus where meet in disastrous combination Labour's utter lack of understanding with regard to economics, their grubby short-term, self-serving, self-aggrandising urges, their pitiful naivety in money matters, and the corporate interests ready to exploit such doltishness. Thus, all around the country, 'public sector' bodies, such as local councils find themselves financially fucked, and yet tied into contracts for decades to come which will suck dry whatever liquidity they can muster.
Tragically, the public's memory is short. Soon Gordon Brown will be no more than an ogre with which to scare naughty children into behaving. More terrifying still is the notion that Labour could ever get back into national government.