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|    RAILFAN    |    Trains, model railroading hobby    |    3,261 messages    |
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|    Message 2,489 of 3,261    |
|    Stephen Sprunk to Sancho Panza    |
|    Re: more fuzzy math, was National FREIGH    |
|    09 Apr 14 08:41:50    |
      From: stephen@sprunk.org              On 08-Apr-14 18:42, Sancho Panza wrote:       > On 4/8/2014 7:30 PM, Stephen Sprunk wrote:       >> On 08-Apr-14 18:13, Sancho Panza wrote:       >>> On 4/8/2014 7:04 PM, Stephen Sprunk wrote:       >>>> On 08-Apr-14 16:18, Sancho Panza wrote:       >>>>> On 4/8/2014 3:04 PM, Stephen Sprunk wrote:       >>>>>> It's trains running on your beloved _freight_ network that       >>>>>> lose enormous amounts of money, almost entirely due to lack       >>>>>> of capital investment, which hurts both passenger _and_       >>>>>> freight service.       >>>>>       >>>>> On the contrary, Union Pacific stock has been quite a strong       >>>>> performer for the last several years, and Burlington Northern       >>>>> has not been one of Berkshire Hathaway's shabbier       >>>>> contributors, either.       >>       >> That I was referring to passenger trains was obvious, at least       >> until you snipped the context so you could deliberately       >> misinterpret it.       >       > And that ties together strong financial performance with "lack of       > capital investment" how?              Financial performance is poor without capital investment; that was the       entire point of what I wrote, which you'd know if you actually read it       rather than snipping the parts that don't agree with your anti-rail       trolling obsession:              >>>>>> Investing in more/faster track pays for itself because you       >>>>>> spread your (mostly fixed) expenses over more passengers       >>>>>> paying higher fares.              S              --       Stephen Sprunk "God does not play dice." --Albert Einstein       CCIE #3723 "God is an inveterate gambler, and He throws the       K5SSS dice at every possible opportunity." --Stephen Hawking              --- SoupGate/W32 v1.03        * Origin: LiveWire BBS -=*=- UseNet FTN Gateway (1:2320/1)    |
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