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I agree that airlines reached their peak. They are not a dead industry nor will they go away or always remain totally unprofitable. But I would not be surprised if a major "rationalization" of the current system will take place in the next decade. Meanwhile, investment dollars WILL be looking for other places to call a home... rail could be one of those places. But that CAN NOT occur as long as the market remains volatile, an undettled mess of old gaurd, status qou supporters and overburdening regulation. However, I digress. High Speed rail could work, yes. It would cost an amazing fortune, but it could work. Generally, I think that you are optimistic in your monetary predictions, especially if it is a government project. However..... If it were to be implemented gradually, ala Talgo service up here, success might be more achievable. we''d have to get the Superliner/Bus mentality out of here though. Talgo technology (or Acela's similar tilt system) could easily adapt to current US mainlines, which could then be upgraded on an as needed, greatest ridership basis over a decade long period. Heck, you think BNSF wouldn't welcome an extra, highest grade main track, Chicago to LA? And if Diesel or some other non-electric system were used, costs for implementation and especially maintenance would drmatically plummet. (Can you say golfball size hail?) On that note, I would not entirely count the Admin out. We have seen nothing we have not seen before, true. Not yet, But did you notice what I did, recently? Out at AAR Pueblo, they've got a Diesel-Turbine variation of the Acela power unit... in red and silver... it sports a USDOT logo and NO Amtrak lettering on it.... maybe they're hiding something up their sleeve....
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