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Railroad Reregulation ...and Some New Stuff As Well
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<p>[quote user="Murphy Siding"]</p> <p>I have a hard time believing that any meaningfull railroad re-regulation will ever be implemented. The railroads could make a very simple analogy that most voting Americans could understand. Re-regulation of railroads will add to transportation costs for everything that ships by rail in this country. A limited number of shippers would benefit from re-regulation. Many of those shippers are fairly wealthy and prosperous corporations. <br /><br /> Railroad re-regulation is like taxing all of us, and then giving that money to a few wealthy corporations. What Senator or Congressman is going to vote to tax his (or her) constituant's corn flakes, in order to give the money to Exxon-Mobile? [/quote]</p> <p><span style="font-family:verdana,geneva;font-size:small;"></span> </p> <p><span style="font-family:verdana,geneva;font-size:small;">I understand your point. But while the railroads argue that regulation will be like a tax flowing to the rich, the regulators will portray new regulations as a tax increase <span style="text-decoration:underline;">on</span> the rich, as in rich railroad corporations, for the purpose of ending railroad monopolies, which will make the voters' corn flakes cheaper.</span></p> <p><span style="font-family:verdana,geneva;font-size:small;">The regulators want to regulate for their own self interest. So the regulators' rationale will be presented to accomplish regulation, not to defeat it. Therefore, the regulators will side with the shippers, and together, they will defeat the railroads. </span></p>
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