This the lot went cock-a-hoop about the AA deal.
This lot didn't.
Are the reactions of the latter merely the result of short-sighted cake grabbing while that of the former relate to a pride that they are furthering the interests of all?
In a recent pub debate, DK asked me why I was so pissed off at the rich making money. My slurred reply was that the gains to the rich give them increased power to develop institutional structures which prevent those at the bottom making a better life for themselves. In the present case, we don't have to go far to obtain evidence for this claim.
It is heartening to see that an early day motion on private equity will be tabled later this week. The argument that private equity increases the benefits for all seems to be aptly dealt with by the best Galbraith quote I have read all week: If you feed enough oats to the horse, some will pass through to feed the sparrows.