Uncle Sam, the Rich Uncle

From the WSJ, comes this reminder that Uncle Sam is the rich uncle everyone wishes they had.  On it's 40th anniversary of government ownership, they set a record for riders and still lost $560 million.  "Since Richard Nixon nationalized passenger rail service in 1971, Amtrak hasn't made money in a single year."  No problem if you have Uncle Sam to cover you though.
 
Posted by The Forgotten Man at 10/19/2011 7:53 AM
Categories: uncategorized
 

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