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Mega Mergers and corridor capacity
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BUNK!! The mergers serve only to allow the RR's to shave jobs, and restrict commerce, via reduced competition and price fixing. <br /> <br />The practice serves neither the public nor railroad employees well, only the stockholders whom are , at best, non contributory burdens upon the well being of the railroads economics. <br /> <br /> Bad as they might have been, the "robber barrons" of old at least worked for their pay, instead of sitting on their keisters whining about dividend distributions. <br /> <br />And now, with all this "slacker" talk about how "the railroad corridors are nearing capacity" etc looking to the taxpayer to fund a solution....POPPYCOCK!! Wake the heck up!! look at some of the maps published in the mag these past few months. <br /> <br />The Pennsy and Erie Lackawanna MAINLINES from east coast to Chicago, and the Milwaukee Transcon closed through CONSOLIDATION AND THE DESIRE TO NOT HAVE TO BURDEN THE EQUITY PARTNERS WITH THE EXPENSE OF MAINTENANCE of way and *this* becomes a taxpayer burden to have to sort out? <br /> <br />Sorry, don't think so!! <br /> <br />Evidently those lush land grants are now all liquidated, so some new handout in the name of "patriotic enterprise" is the only solution? <br /> <br />Too bad our government is so gullible as to lap up this garbage. I remember when industry was rewarded for creating jobs, not eliminating them.
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