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Even without the new research and development government bureaucracy that I proposed, the mandate, as it stands, will undoubtedly contain a large measure of government bureaucracy.  After all, that is the point of these kinds of things.  The beauty is the gigantic pool of funding available in the prosperity that railroads’ currently enjoy.  After all, that prosperity was a gift from Congress, so all is fair.  We were recently talking about the railroads’ cash cows.  In the case of PTC, the railroads become the cash cow.    Obviously the mandate deadline will have to shift, but that is not a problem.  It will just give more time to milk the cow.  We will be able to watch the price meter on PTC spin as the approaching deadline is repeatedly advanced.  The motivation to never get the job done because of a desire to keep milking the cow will never end.  I don’t expect the endless development and implementation of PTC to ever catch up with the ever rising price tag.
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