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Forum: U.S. Class 1 Railroad Discussion 11-15-2005, 04:39 PM
Replies: 56
Views: 6,630
Posted By oltmannd
Well, you have to define the term "make money". ...

Well, you have to define the term "make money". ICE, TGV, Japanese Bullet and even our lowly Acela and Metroliners all "make money" - that is they generate more cash than they consume. However, all...
Forum: U.S. Class 1 Railroad Discussion 11-14-2005, 03:58 PM
Replies: 56
Views: 6,630
Posted By oltmannd
Buy them all limos and drivers? No, that would...

Buy them all limos and drivers? No, that would cost a lot more. Acela generates net $$.

...and don't give me Wendell Cox! He's generally starts with his own opinion as conclusion and works...
Forum: U.S. Class 1 Railroad Discussion 11-14-2005, 03:51 PM
Replies: 56
Views: 6,630
Posted By oltmannd
-commercial aviation, even BEFORE you factor in...

-commercial aviation, even BEFORE you factor in subsidies, upfront and hidden, operates in the red, and has for it's entire history, with few exceptions - and those only for a few years in a highly...
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