Edit post

Edit your reply below.

Post Body
Enter your post below.
Properly regulated markets just work better than state directed solutions.  Proper regulation means sensible regulation, which is sometime difficult to define, but at the end of the day, when in doubt, less is better than too much.  The one area where compromise should not be permitted is health and safety. Over the past year the stocks of the U.S. and Canadian railroads have outperformed the S&P 500 by an average of six percentage points.  Take out the Kansas City Southern stock, which has under performed the S&P 500 significantly, and the outperformed number jumps to 12.2 per cent.  While the performance of market shares is not correlated 100 per cent with the underlying financials, the correlation is relatively tight, and the price of the market shares reflects the health of the company and the industry. America's freight railroad are doing well because the government got off their backs, and they were allowed to reinvent themselves. This is just one example of how a market oriented business, if allowed to do so, can reinvent itself.  Now, if we would just allow passenger rail to do the same thing.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag