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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: grusum who wrote (46427)3/24/2011 10:44:52 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: [(But is that the same way that the "market" arranged for the building of the trans-continental rail links? Or the interstate highway system itself? Or the Panama Canal? <g>)] "the trans-continental railroad was built with private companies."

Yep!

After they were MASSIVELY SUBSIDIZED by the federal government!

LOL!

Given enough FREE LAND that they instantly became the LARGEST PRIVATE LANDOWNERS in the entire U.S. of A. :-)

(And then went on to use their monopoly to massively enrich themselves, and received even further subsidies with freight guarantees, etc.)

:-)