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Muda69

Amtrak's big lie

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32 minutes ago, DanteEstonia said:

And there’s the kicker... Amtrak is not a business.

Semantics, it’s a privately owned entity with government subsidies. It has a long and storied history of mismanagement, bleeding cash, and an increasing dependence on the taxpayers. Who do I talk to about getting subsidies for my business?

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31 minutes ago, Impartial_Observer said:

Semantics, it’s a privately owned entity with government subsidies. It has a long and storied history of mismanagement, bleeding cash, and an increasing dependence on the taxpayers. Who do I talk to about getting subsidies for my business?

It’s the Postal Service on rails.

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42 minutes ago, Bobref said:

It’s the Postal Service on rails.

And both are public services...

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9 hours ago, DanteEstonia said:

And there’s the kicker... Amtrak is not a business.

Then please tell us what it is.

 

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Amtrak is the poster child for all that is wrong with government intervention into free markets. 

https://en.wikipedia.org/wiki/Amtrak

Founded in 1971 as a quasi-public corporation to operate many U.S. passenger rail services,[1][2][3] it receives a combination of state and federal subsidies but is managed as a for-profit organization.[4] Amtrak's headquarters is located one block west of Union Station in Washington, D.C.[5]

10 hours ago, Bobref said:

It’s the Postal Service on rails.

Another 19th Century relic that has probably outlived it's usefulness. Of course I still have customers who hand write checks and use a Paymaster, so I guess the taxpayers will continue to dump money down that bottomless pit as well. 

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11 hours ago, Bobref said:

It’s the Postal Service on rails.

Except that the USPS has constitutional justification for existing.  Amtrak does not.

 

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12 hours ago, Impartial_Observer said:

Who do I talk to about getting subsidies for my business?

Rudy Giuliani

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On 1/20/2020 at 6:37 AM, Muda69 said:

Then please tell us what it is.

 

A perfect way to launder funnel money into the Railroad Union?

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Just now, swordfish said:

A perfect way to launder funnel money into the Railroad Union?

Yes, that and probably just another government jobs program.

 

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