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Railroad Reregulation ...and Some New Stuff As Well
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<p>[quote user="BaltACD"]<span style="color:#0000ff;">If Mr. Banks wants to invest HIS BILLIONS on implementing a 'whole cloth' technological solution in place of what the carriers have already undertaken, I suspect the carriers would let him. It is easy to tell someone they are spending their own money wrong; it is much harder to spend your own money right.</span>[/quote]</p> <p><span style="font-family:verdana,geneva;font-size:small;">I do not sense that Mr. Banks is criticizing how the railroads are spending their money; or criticizing the development that the railroads have already undertaken. Quite the contrary, he is defending the railroads’ right to pursue their own development as they see fit. And he is defending the railroads against the fact that they are being forced to spend their money on technology they feel to be inferior. </span></p>
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