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Is THIS a Viable Solution to the Current Amtrak Funding Crisis?
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However, its true that corporations do sell stock to raise capital..... something Amtrak cannot do..... Then again, who would buy stock in a company that doesn't turn a profit? <br /> <br />Amtrak's is a nationwide passenger railroad government service..... To start over with a private passenger railroad company, it would have to start small and grow slowly at the same time turning a profit.... For this to happen, this small company would have to have government subsidies similar to the railroads of the nineteenth century.....large land grants.....or something similar..... <br /> <br />And if one new small company started this and got the federal and state subsidies the railroads received in the nineteenth century, this new railroad would of course be state of the art HSR..... <br /> <br />The question that remains is, Wouldn't it be cheaper for the government to build HSR nationwide? And a second question remains, Would private enterprise operate a HSR nationwide better? <br /> <br />These are the two questions that envelope Amtrak today!
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