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Why The Goverment should repo Union Pacific!

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[quote]QUOTE: Originally posted by M.W. Hemphill Split UP apart! You're serious? SP could not possibly have lasted on its own in a deregulated environment. It was falling off a financial cliff when UP bought it. But if you insist, be our guest. Tell us which one you prefer: compulsory socialization of the economy and infrastructure, or $1-2 billion a year in taxpayer subsidies to the new SP. Who knows, we might all be wealthier and happier that way, and our current system may be doomed in that not-too-distant future, but you'll have to demonstrate that with a formal proof, plus demonstrate your method of convincing the voter to make a radical jump into the unknown. Otherwise the whole discussion is idle. [/quote] Yes, split them all up!! At least to the paradigm of the early 1990's with 4 or 5 systems out West (U.S.) and 3 or 4 in the East. We didn't need to create such monsters just to give RR's the ability to cover their cost of capital (which by the way is still pathetic, maybe we should just allow one big Class I). There are better ways of helping railroads have better ROR's than these mega mergers. Exempt RR right of ways from property taxation, allow faster depreciation of tracks (with the heavier cars they're probably deteriorating at a faster rate today anyway), add a few cents to the federal gas tax to aid in infrastructure maintenance and expansion....... Why make cOmPEtitioN suffer unnecessarily when there are more proACtive CrEative wayS to improve the railroadS" bottom line?[;)]
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