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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (20970)	4/19/2007 8:46:51 PM
From: LindyBill	Read Replies (1) of 46821

Hence, one of the primary drivers behind a need for some level of regulation, no? No. Because it distorts the industry. The worst thing that ever happened to the Railroads was the railroad commission. And all the other Government interference. The story of the "Great Northern Railroad" is a classic Libertarian story of success: The Great Northern Railway (AAR reporting marks GN), running from St. Paul, Minnesota to Seattle, Washington — more than 1,700 miles (2,736 km) — was the creation of the 19th century railroad tycoon James J. Hill and was developed from the St. Paul and Pacific Railroad. The GN route was the most northern transcontinental railroad route in the United States and was north of the Northern Pacific route. The GN was a privately funded transcontinental railroad, refusing federal government subsidies for construction (though some of its predecessor roads received land grants). The GN was the single transcontinental railroad avoiding receivership during the 1893-1897 depression. en.wikipedia.org

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