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"Open Access" and regulation of railroad freight rates.
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<P>[quote user="CSSHEGEWISCH"]I am willing to give FM credit for being a great theorist. That being said, remember that the Laffer Curve was great in theory, not so valid in the real world. FM sticks to his theory to the bitter end without realizing that if open access was as economically great in practice as he claims it is, it wouldn't have to be imposed by regulatory fiat or court order.[/quote]</P> <P>Yes it would, for the same reasons Standard Oil and Ma Bell were broken up by governmen action.</P> <P>Since none of you dared answer the question as to your collective preference of keeping Standard Oil and Ma Bell intact vs the government forced break up of these companies, I have no alternative but to assume that you all would have favored keeping those entities as monopolies. And that certainly explains your dogged attatchment to the anachronistic integrated monopolistic rail system.</P> <P>Then I see that greyhounds is back to his redundant obsession with stagnant aggregation, as if every rail terminal in the US only has enough business for one rail crew per day. Memo to Ken: There is more than enough business at most rail terminals across the USA to support more than one rail service provider. So now's the time to pull your head out of whatever it is you have it stuck in.</P> <P>Meanwhile, our company just made a cool million selling access rights over our transmission lines to a small merchant energy provider. Hey, we certainly fought this forced access to our lines just like the current crop of rail execs do now when OA for transmission was proposed, yet most of the upper management now concede that OA has more than once brought in a nice cash inlay that otherwise would have been missed.</P>
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