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[quote]QUOTE: Originally posted by O.S. If the economic case is so good, borrow the money and rebuild it. Need a phone number for a bank? OS [/quote] If the rails and infrastructure had remained in a mothballed state, the economic case for rebuilding with private funding would be excellent. (Whatever happened to the railbanking caveats of the STB?) The market is definately there today. Without some kind of federal aid or directive, any project of such magnitude is nearly impossible. Look at the Alaskan natural gas pipeline project for a comparison. The economic case is there, but of course that alone is not sufficient in this day and age of environmental restrictions/government regulations/sky-high land values/obscene liability issues (although that last one may finally be on the way to reform) to inspire any aspiring capitalist(s) to risk such a project. The federal aid in this case does include but is not limited to outright monetary aid. Retaining the right of eminent domain, a sufficient land grant to secure low cost private financing, and some construction tax credits would as a package deal be more than enough for me to take on the job. After all, it was good enough for BNSF's predecesors.
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