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To: Cincinatus' Wife
From the video:

2009 - $10.2 million in revenues, with 4.2 million riders?

It only cost about $2.50 to ride the train?

What did I miss?

10 posted on 02/28/2011 2:01:42 AM PST by Quiller (When you're fighting to survive, there is no "try" -- there is only do, or do not.)
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To: Quiller
What did I miss?

The rest of the video.

12 posted on 02/28/2011 2:05:10 AM PST by Cincinatus' Wife (Allhttp://www.freerepublic.com/focus/f-news/2122429/posts)
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To: Quiller

Interestingly, if one wants to read up on low speed trains, one need look no further than the latest letter from Warren Buffet to stockholders.

He and his investors own a low speed rail, and he speaks more than once on the capital expenditures necessary to keep the rail viable and operating in a low speed environment. The railroad moves over 40 percent of all freight carried by truck or train in the US.

Companies pay a premium for the “stuff” that earns them a living, transported by the BNSF railroad. I hardly think your average human is going to be paying a premium for a ticket to nowhere that has little or nothing to do with making a living. Unless you happen to work for the railroad.

http://blogs.wsj.com/deals/2011/02/26/read-warren-buffetts-latest-berkshire-hathaway-letter-to-shareholders/

Long read.


28 posted on 02/28/2011 4:21:20 AM PST by wita
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