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[quote user="bobwilcox"][quote user="greyhounds"] Now if we were to accept the teachings of Mr. Sol, we would accept the belief that the railroad holds its shippers captive and is able to charge them exhorbitant rates which causes great economic harm to these poor decent American Farmers.  [/quote] "If you tell a lie big enough and keep repeating it, people will eventually come to believe it." Joseph Goebbels [/quote] Wow!  Bob just zinged Ken with this little axiom!  Way to go Bob! Oh, I'm sure Bob in his smarmy way was trying to aid Ken's shakey POV, but it sure backfired. Ken just keeps on telling the Big AAR Lie, and some eventually buy into it.  "Why, there's plenty of competition for railroads, that's why they pass on the gains from efficiency to their customers."  What a load of c**p. You notice Ken never uses the phrase "intramodal competition", never acknowledges global price competition, never acknowledges global events that shape commodity price and demand, never gives a whit of credence to the concept of the shut down price. Because he doesn't know jack about these more onerous and obvious variables.  He lives in a childish world of simple ignorance, because to acknowledge the larger truths blows his little hobby right out of the water.   More later.
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