You have it wrong the last thing the railroads want is high speed passenger rail.
Reader comment on: Obama's Jobs Council
Submitted by Lyle (United States), Feb 24, 2011 17:50
It just complicates the movement of freight and requires that freight trains wait on the passenger trains. If you are in the freight railroad business passenger transit is just a bother and a delaying factor. The railroads started losing money on passengers in 1900. Why should they want passengers they are just a bother. Yes they would like help on building bridges for crossings and the like, but if you look at it in France and Japan the high speed rail runs on its own tracks, as indeed the proposal for California does.
Note: Comments are moderated by the editor and are subject to editing.
The Future of Capitalism replies:
I believe BNSF owns the right of way in Calif. and would get paid for it.
Comment on this item