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lmcat

12/20/10 10:53 AM

#121167 RE: fuagf #121119

China builds a train that goes over 300 MPH but Amtrack loses money and they want to build a "high speed" train that will average around 100 MPH maybe.

Amtrak goes 79 mph. Most freight track is good for 90 mph, however going 80+ requires a control system called ATS or ATC, which most lines do not have.


Study shows that Amtrak loses $32 per passenger. Did you know that taxpayers are paying $32 for every person who takes a trip on Amtrak?

See full article from DailyFinance: http://srph.it/atCSb4

'Nightly News' Doesn't Mention that Amtrak Infrastructure Spending May Just be 'Good Money After Bad'

An “NBC Nightly News” segment on April 11 examined the $8 billion destined for Amtrak that was included in the stimulus bill recently signed into law by President Obama.

Yep $8 BILLION dollars wasted on a Amtrack!
http://www.mrc.org/bmi/articles/2009/Nightly_News_Doesnt_Mention_that_Amtrak_Infrastructure_Spending_May_Just_be_Good_Money_After_Bad.html