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<p><span style="font-family:verdana,geneva;font-size:small;">For as controversial as the PTC mandate seems to be, I don’t find much criticism of it. If the railroads oppose it, they are awfully quiet about it. The article from with the quote in the first post was taken was a piece by George Will warning about the danger and cost of overreaching regulation. </span></p> <p><span style="font-family:verdana,geneva;font-size:small;">Other than that article, there was a report by the FRA that sought to justify why the deadline cannot be met. That report was by far the most critical analysis of the incredible array of problems facing the execution of the mandate. In just reading between the lines, I expect a spectacular cost overrun in addition to the delay and failing cost/benefit analysis. </span></p>
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