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McClatchy: Rail haters should take a hint from Warren Buffett

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-11 09:54 AM
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McClatchy: Rail haters should take a hint from Warren Buffett
Commentary: Rail haters should take a hint from Warren Buffett
By Curtis Tate | McClatchy Newspapers


It's been a good year so far for rail haters.

New governors in Wisconsin and Ohio made good on their campaign promise to kill passenger train projects in their states. Florida's new governor soon followed.

In the wake of the deepest recession since the Great Depression, all three governors rejected billions of dollars in federal funding that would have created thousands of new jobs building, operating and maintaining high-speed trains.

Not everyone scoffs at rail investment, though. .............(more)

The complete piece: http://www.mcclatchydc.com/2011/03/07/109709/commentary-rail-haters-should.html#ixzz1G77xfGgC



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nxylas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-11 02:57 PM
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1. Some good comments too
The petrolhead contingent seems to be in a minority, which is a blessed relief.
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txlibdem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-13-11 08:01 AM
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2. Puke Governors cancel high speed rail projects, not the same as Buffett's purchase
Buffett purchased more of a company that he already owned, a freight rail company. The Ohio and Wisconsin puke Governors are not canceling freight rail:
"Republicans who were elected on Tuesday are beginning to deliver on their campaign promises to kill America's future. Within hours of being elected, the incoming tea-party governors of Wisconsin and Ohio stood fast on pledges to kill $1.2 billion in funding for high-speed rail in their states."

http://wonkroom.thinkprogress.org/2010/11/06/gop-derails-trains/


The article seems to be conflating the two when they have so little in common. Freight rail companies own the tracks and have mandated a maximum speed of 90 mph --far from what I would call high speed rail since Japan, France and Germany have high speed rail which exceeds 200 mph. Thus, any true high speed rail project in the USA would need its own tracks laid, separate from the freight rail tracks, or would need to be an innovative design like that of Tubular Rail (http://www.tubularrail.com).

Germany is working on MagLev high speed rail that could achieve 3,000 mph in tunnels with the air evacuated, possibly 500 mph in open air.
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