Posted Mar 28, 2012, 6:55 PM
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Registered User
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Join Date: Jan 2007
Posts: 482
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No way is this going to be profitable. Passenger rail needs public funding for a reason. The reason Amtrak exists in the first place is because Nixon bailed the freight rail companies (CSX, UP, BNSF) by releasing them of passenger rail obligation. I can't imagine this venture surviving more than a couple of years. This is Florida's pitiful attempt to spit at Obama but with major fail written all over it. Can't wait for Obama and Amtrak to tell them "told you so" when Florida finds out privatized passenger rail cannot survive.
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