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I understand your point about regulation, but I think i have two answers on that. One, the states cannot regulate certain aspects of railroading, as they are proscribed and appropriated by Congress. Altho, I do recall that there is a Texas RR Board- but I don't know how much power it really has. I agree tho- I wouldn't want to have a mini STB for Oregon! Ugh, it's bad enough at doing what it does now.... And shouldn't that be 48 states, not 46? And on that note, I don't think that most companies would have to deal with 48 states. A Californian system, for example, probably wouldn't deal with more than CA and maybe NV, OR, and at a stretch, maybe UT/CO/AZ A Midwest system would be dealing with WI, MN, ILL, IND, OH, IA, MO. Likewise, the NE would be ME, MA, NH, VT, CN, RI, MA.... So it appears the average would be 4-6 states. Which is a lot but much more manageable. I just don't think we'de see one carrier nationwide under this funding system- but who needs one? The "glory days"- whether justifiably so or not- were when practically every line ended in Chicago, and some didn't even get that far. Alexander
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