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1 Comment
Archer Daniels' Suit Ought to Give Railroads Pause [view article]
It is amusing (yet sad) to hear ADM whining. Of course in this day and age revenues booked through successful lawsuits are just as integral to a companies bottom line as payment for services rendered, but they are touching the third rail here, transportation is one of the most basic services to be (almost) almost guaranteed by the govt, and now that airlines are having to rethink air travel for the great unwashed masses, the govt may have to rethink and reemphasize rail and since direct subsidy is pretty much out of the question, indirect (and hidden) subsidy is the only way to guarantee transportation of goods and people. Count on more of this as the illusion of free enterprise is perpetrated by those it benefits most. May 27 10:26 AM