To: TimF who wrote (150836 ) 9/3/2002 4:23:24 PM From: tejek Read Replies (1) | Respond to The links that both you and I provided clearly state that streetcars had bad economics because cities kept their fares unreasonably restricted. With some cities, GM came in early to buy the streetcars and dismember the systems, with others they did it later. 'As for your notion of finding the higher good or truth, if that were the case why are you so ready to place your faith in some crackpot's letter to the editor rather than official reports. The topic has been well researched and whether you choose to believe it its a matter of opinion if the intent was malicious. The act wouldn't make them money unless the bus routes made them money. GM thought (perhaps deluding itself) that it could make money on the bus routes. If the trollies did make economic sense then GM buying them to shut them down would have been futile as someone else would have built them back again. To the extent that GM killed them it killed a victim that was already bleeding to death. It has been well documented throughout history how American corps. have screwed the American public. even if you are only considering government attempts to regulate corporations.
