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McClellan's presentation is excellent. I would love to have heard it in person. Two points with respect to Amtrak's long distance trains struck me as being particularly relevant. They are irrelevant, but they will survive. Unless the United States hits a financial wall, i.e. overseas investors stop buying our debt or the government cannot find a way to fix Social Security, Medicare, Medicaid, etc., which would mean that the federal government would not have the money to cover Amtrak's loses, the long distance trains will be around for a long, long time.
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