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Op Ed - "Railroad monopoly is drag from factory to the supermarket"
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<p>[quote user="edbenton"]Dave just look at the FACTS for once will you PRIOR to derugulation RR were in in bankraupt about as much as they were profitable after WW2 once the OTR trucking industry caught on. Also the ICC was slow in letting the RR increase rates stay ahead of inflation. When the US Goverment had to create Conrail to keep an ENTIRE section of the US from losing rail service that is when they finally realized that the RR needed help. The Rock Island just shut down completly do to regulation since it could not get rid of trackage fast enough to make itself profitable we also almost lost the IC CNW Milwaukee Road and a few others because the ICC was to slow in allowing abandonments to allow them stay profitable.[/quote]</p><p>I'm not sure what you're getting at, Ed. The argument as stated by the topic link is this obfuscation of railroad anti-trust exemption in with the notion of railroad ""reregulation. I have stated quite clearly I am opposed to the type of pre-Staggers regulation that resulted in the delays and greased palms to which you refer. I agree that those railroads you mentioned were hamstrung by the ICC. We all remember the Milwaukee threads where larger railroads excerted influence over ICC and bankrupcty judges to aid in the elimination of those smaller railroads.</p><p>My question to you is this: Would you be in favor of eliminating the railroads' anti-trust exemption if that was all, e.g. no return to rate and service regulation?</p>
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