I like the Futurama episode where the son of the accountant wants to invest a dollar in a few hundred shares of Amazon.com and his dad says "ah, a risk-taker!"
You wonder whether Chrysler will be a repeat of its own success story in the 1980s or another Amtrak.
Poor Amtrak. Congress should either decide to fund it enough to have nationwide rail passenger service that doesn't suck or allow it to kill off service to all the sparsely populated red states in the middle where it loses money.
All those people in Congress make running trains out to their states a requirement for more funding for Amtrak.
That's the thing, Amtrak isn't getting more funding at all. They tell Amtrak to be profitable, but refuse to allow them to cut unprofitable routes. Because of this the entire service itself suffers. Congress doesn't want to make the hard choices between a national non-profitable passenger rail service and a profitable passenger rail service, so they continue to hold unrealistic expectations which fucks over the service.
Wait for the stock market to recover and then spin it off as an IPO. :P And do the same thing with PBS. And federal lands. And....
I'm sure the IPO for Yellowstone will be thrilling.
no subject
Date: 2009-01-22 03:34 am (UTC)You wonder whether Chrysler will be a repeat of its own success story in the 1980s or another Amtrak.
no subject
Date: 2009-01-23 02:16 am (UTC)no subject
Date: 2009-01-23 07:54 am (UTC)Wait for the stock market to recover and then spin it off as an IPO. :P And do the same thing with PBS. And federal lands. And....
no subject
Date: 2009-01-23 05:36 pm (UTC)That's the thing, Amtrak isn't getting more funding at all. They tell Amtrak to be profitable, but refuse to allow them to cut unprofitable routes. Because of this the entire service itself suffers. Congress doesn't want to make the hard choices between a national non-profitable passenger rail service and a profitable passenger rail service, so they continue to hold unrealistic expectations which fucks over the service.
Wait for the stock market to recover and then spin it off as an IPO. :P And do the same thing with PBS. And federal lands. And....
I'm sure the IPO for Yellowstone will be thrilling.