Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (853618)	5/2/2015 12:52:46 PM
From: tejek	Read Replies (1) \| Respond to of 1577125

Every major airline in this country has BK'd at least once; some multiple times That is close to being true (only false as a categorical statement), airlines have over time come close to break even. Show me the numbers. Bankruptcy does not suggest break even numbers. (Slightly positive and close to break even over the long run, won't keep you out of bankruptcy if you have a lot of debt, don't have a lot of cash to fall back on, and have highly variable profitability, often losing a lot of money.) But the financial performance of long distance passenger railroads, or at least Amtrak which is the only long distance passenger line operating for decades, has been much worse. It always looses money good times or bad. That despite the fact that it doesn't face direct competition (unlike the airlines). And consequently most of our local and train transport is third world. Nonsense. Its clear you know very little about Amtrak and the numerous attempts by Rs to kill it since the 1970s. Amtrak is the transportation system most starved and subjected to subversive behaviour by Rs. Rs should be ashamed but then Rs have proven over time that they have no moral character.