As the person credited with saving the MTA from the brink of collapse when he ran it in the late 70s and early 80s, Richard Ravitch, former New York State Lt. Governor and member of the State Budget Crisis Task Force and author of So Much to Do: A Full Life of Business, Politics, and Confronting Fiscal Crises (Public Affairs, 2014), talks about the sorry state of the rails today, Governor Cuomo's state of emergency for the MTA and what it will take to bring the system back into good working order.