Freight rail industry invests $23 billion so taxpayers don’t have to
RT&S recently wrote an article highlighting just how effective private investment in infrastructure can be: The AAR says that unlike other modes of transportation, freight railroads invest their...
View ArticleThe Questionable Economics Of Building Around Light Rail
Kacie Galbraith at Show-Me Daily points out the absurdity of claiming taxpayer savings from… spending taxpayer dollars. Belzer’s presentation suggests that TOD [Transit-Oriented Development] can save...
View ArticleWill Regulators Fail To Learn From The Past Mistakes Of U.S. Railroad...
Marc Scribner writes at the Open Market blog about the history of regulation and the railroads, and how the cronyism that occurred previously shouldn’t be ignored today: In USDA’s case, it is doing the...
View ArticleSen. Dianne Feinstein’s husband wins CA rail contract
Cronyism in California? U.S. Sen. Diane Feinstein’s husband Richard Blum won the first-phase construction contract for California’s high-speed rail. That’s from the California Political Review, and the...
View ArticleCrony Capitalism?
Is it surprising that a senator’s husband obtained an exclusive contract to sell USPS properties? Randall Holcombe at the Independent Institute writes: The Chairman of CBRE Group is Richard Blum, the...
View ArticleGovernment High-Speed Spending Always on Track
K. Lloyd Billingsley has written the following post regarding California’s high-speed rail project that the local government is ‘undertaking.’ Apparently the projected cost that the governmental...
View ArticleAmtrak Subsidies
The state of Michigan is paying $25 million this fiscal year to operate three Amtrak lines. They’re also going to spend millions more improving service quality. From MLive: Amtrak and the state of...
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