Take a look at what Buffett’s railroads are doing. Granted, that’s in the sphere of crony capitalism, but Buffett isn’t asking for “feddy-bucks” for it. Even Union Pacific invests significant amounts of its own capital in the railroads its running.
And like I said, the government really needs to get out of the way. What with the sick state of affairs Detroit faces, the speed upgrade for Chicago-Michigan trains really is a vanity project.
BNSF runz plenty o’ trainz across Montana (MRL) carry coal West and wheat west.
BNSF runz trainz across Mont.
Montana.