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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (124113)	9/18/2000 1:48:51 PM
From: Joe NYC	Read Replies (1) of 1571427

Ted, OT We subsidize the airline industry I don't think this is a fair assessment. Maybe the smaller towns do, just to keep themselves competitive, because without a scheduled air service, nobody is going to locate any significant business there. So it's more of an act of self preservations rather than a subsidy. The host cities of big airports get significant revenue from airport taxes and fees. Amtrak, the only national passenger rail service this country has, is desperately trying to go off subsidies by next year as mandated by Congress. Its a disgrace....one of the richest countries in the world and we can't afford the million dollars per year subsidy of its rail service. It says something about the management of Amtrak. They can't make it without subsidies even with the current scaled down routes, limited to only the most profitable locations. They have no plan for controlling their high cost structure, no plan for attracting new passengers. How do you know that additional subsidies will not end up in the fat paychecks of the unions, instead of investment in faster trains? Joe

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