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Hold The Mayo: Study Says DME Cant Repay Loan

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[quote]QUOTE: Originally posted by TheAntiGates [quote]QUOTE: Originally posted by futuremodal [quote]QUOTE: Originally posted by TheAntiGates And, I still wouldn't be at all surprised if BNSF and UP are not "rooting" for the Mayo's cause, from behind the jury box. [/quote] That would be consistent with BNSF and UP denziens. They both "rooted" for the Milwaukee bankruptcy trustee to declare the PCE for the scrap heap. They both "rooted" for the econazis to have the Columbia and Snake River dams breached. They both "rooted" for the closure of the Missouri River waterway. They both "root" for limitations on truck size and weights. Why wouldn't they "root" for the DM&E's demise? And of course, in all these cases, "root" should be spelled with a few "$$". [/quote] Well man, you are miles ahead of me with all that. The dam breaching, did that cause a competing rail line to get submerged permanantly? And as for closure of the Missouri River waterway, maybe I wasn't paying attention at the time, not familiar with the story. Got a link? or a short recap? it sounds interesting [/quote] It's just one of the characteristics of a closed access transportation system, you get the monopolists out greasing palms to limit competition, no matter what mode it is, even intramodes. The dam breaching and Missouri River drawdowns would result in barges unable to move product, so the expectation is that users of the waterway systems would turn to the railroads, aka more business for the railroads. Problem is, the railroads don't really want that business anyway, and would more than likely turn it down, leaving those shippers to turn to the mode of last resort aka trucks. Thus, the subconcious cancer inherent in closed access systems. Not only do they not want others to participate in economic actions, they also don't want to take part themselves. Kind of like the spoiled kid who doesn't want his friends playing with *his* toys, but won't play with them himself. That's the Class I railroad oligarchy for you.
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