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Could have the SP survived without UP
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[quote]QUOTE: <i>Originally posted by CSSHEGEWISCH</i> <br /><br />I'm not going to hold my breath waiting for the funding for the various proposed Chicago improvements to come through. There's a big difference between federal and state financing. <br /> <br />I also notice that futuremodal is using his pitch for public financing as a justification for that confiscation of private property known as open access. <br />[/quote] <br /> <br />CSSHEGEWISCH, answer me this: Was the breakup of the Standard Oil Trust confiscation of private property? Was the breakup of AT&T confiscation of private property? If so, how is it that the aggregate stock values soared afterward? However you look at it, both actions were legal and proper, resulted in increased property holdings, and occurred for the benefit of the nation as a whole. <br /> <br />Try putting your nation first for a change. <br /> <br />It continues to amaze me how railroaders can complain ad nauseum about how unfair it is that highways and waterways are subsidized, how railroads can't get a decent return on investment, how their capital costs such up every revenue dollar, and yet when offered the solution that would radically reduce their capital outlays, double rails share of intercity freight, and result in capacity expansions via public funds they act like a bunch of lemmings.
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