Capitalism and conservatism: Work Every Time They're Tried
A good article, worth reading.
1 posted on
12/12/2011 12:26:32 PM PST by
bigbob
To: bigbob
Mainly because they abandoned tens of thousands of miles of track, in short they downsized. They still have the same physical problem. That is a truck will have the fright in the warehouse on the east coast before the railroad will get it out of the rail yard in California. Where is willie green?
2 posted on
12/12/2011 12:37:37 PM PST by
org.whodat
(Just another heartless American, hated by "AMNESTY" Newt, Willard, Perry and his fellow supporters)
To: bigbob
In fact, even the government created entity formed from six bankrupt Northeast RRs, Conrail, was able to be sold at a profit for the US Government. Once the regulations were removed in the early 80’s, it opened the floodgates to prosperity.
To: JenB
5 posted on
12/12/2011 12:45:32 PM PST by
TalonDJ
To: bigbob
Did someone mention rail freight and capitalism in the same breath??:
Chesapeake & Ohio #1604 The locomotive is a 2-6-6-6 Allegheny
Courtesy of Steamlocomotive.com
Built for C&O for 100 car coal drags out of White Sulfur Springs W. Va. 1941-1948.
110,211 lbs tractive effort. Heaviest US locomotive ever built.
The Allegheny and many other large steam locos were key to the US winning WWII.
6 posted on
12/12/2011 12:51:33 PM PST by
RSmithOpt
(Liberalism: Highway to Hell)
To: bigbob
US Freight Railroads – Another Capitalist Success Story How hard is it to make money when you have a permanent and exclusive right-of-way for which you had to pay nothing and when there is no competition for a great deal of your business?
To: bigbob
It is an oddity of history that Jimmy Carter deregulated the airlines and the railroads. They were the two best decisions he made. I wonder if he regrets them?
16 posted on
12/12/2011 2:53:57 PM PST by
BfloGuy
(The final outcome of the credit expansion is general impoverishment.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson