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AMTRAK: Do you support it?
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[quote]QUOTE: <i>Originally posted by jeaton</i> <br /><br />Ah yes, the old open access ideology. It worked quite well for electric power in California and nationwide electric rates are generating so much ca***hat the power grid is keeping years ahead of demand. At the same time security analysts are touting telephone companies as a must buy. <br /> <br />Based on worldwide evidence, including that of Great Britain with their failed effort to split off infrastructure and open access to private operators, there is no genuine regular passenger service making a real profit. Let me be more specific. Even if the railroads charged nothing for the use of their tracks, and there was no charge for use of station facilities, in todays competitive transportation environment it is not likly that passenger revenues would cover the costs of the equipment and all the other costs for running a train in regular passenger service. So, show me a potential entrepreneur who would be glad to operate passenger trains, and I'll identify a potentially bankrupt entrepreneur. <br /> <br />By the way, Amtrak is a private company. <br /> <br />In spite of this, the idea might have a chance. If airlines were required to surcharge passengers enough to pay for the full costs of airports used and the air traffic control system, and in lieu of the federal gas tax, the federal highway system was converted to a toll highway sysytem, it might be possible to set rail fares high enough to make the trains profitable. <br /> <br />[/quote] <br /> <br />Interesting, so if we just raise all the prices of transportation, then the railfans will be happy? Do I read you correctly in that presumption? <br /> <br />Well by all means then, lets not waste another second[:D]
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