Tuesday, October 27, 2009

Is Amtrak too big to fail?

This morning Andrew Napolitano mentioned this report by the Associated Press, which says that "Forty-one of Amtrak's 44 routes lost money in 2008."

"Amtrak operates a nationwide rail network, serving more than 500 destinations in 46 states.

Perhaps Amtrak is too big to fail. Maybe the government needs to step in and take over.

Oh wait, the government already runs Amtrak!!!

This is the same government that runs the failing post office, the same government that now wants to take over all banks that "are too big to fail," the same government that thinks it can run your healthcare more efficiently!

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