Because people like you don't understand it. When you see a corporation you see a big target for looting, and you don't even think about the thousands or millions of shareholders, customers, and employees who will pay the price.
Yes they do, and as a shareholder I'd like to see them get far more creative in reducing their tax bill. If they fully adopted the methods used by GE (for example), there are billions of dollars that can be kept in the productive side of the economy instead of being pissed away on bloody mayhem.
Housing prices in the bay area are insanely high, due to the hostility of the local governments to new construction and rental conversion. The supply is absurdly restricted.
Tell you what, sparky: if you think that you can operate Amtrak on a break-even or better financial basis, then talk to some investment bankers, take it over, and see if you're right. I wouldn't give you a dime, but if you take it private, I won't have to anymore.
Why not start upgrading the track to run at 150 mph in segments and speed up the trip?
Because Amtrak is a corporate welfare basket case that will never come close to justifying itself economically. We have aircraft now. Passenger rail is for short-distance commuting, and it's barely cost effective at that.
If done correctly, high speed rail could work on the west coast.
"Trickle down" is a left wing straw man. Nobody ever claimed that it's a good idea to give money to rich people, only that people will produce more, the less you loot their earnings, whatever their income level might be.
Slashdot Mirror
Why do you say this?
Because people like you don't understand it. When you see a corporation you see a big target for looting, and you don't even think about the thousands or millions of shareholders, customers, and employees who will pay the price.
-jcr
Apple pays a shit ton of taxes in the U.S.
Yes they do, and as a shareholder I'd like to see them get far more creative in reducing their tax bill. If they fully adopted the methods used by GE (for example), there are billions of dollars that can be kept in the productive side of the economy instead of being pissed away on bloody mayhem.
-jcr
The Pussy Grabber in Chief is going to lower corporate tax from 35% to 15% so America can become tax-friendly like Ireland.
You should know that presidents don't get to set tax rates. That's up to the congress.
corporations don't pay taxes,
Corporations don't pay taxes, they only collect them. People pay taxes.
-jcr
MSFT is stupidly overvalued.
-jcr
Vapor deposition is a widely-used method in electronics fabrication.
-jcr
Seriously, that massive dick swinging in front of you must get in the way, surely?
-jcr
It was a stupid bit of snark in the 1970s, and it remains one today. I understand software and engineering quite well, and I use the title.
-jcr
Why UAL is my last resort airline. I will only use them when there is no alternative.
-jcr
Housing prices in the bay area are insanely high, due to the hostility of the local governments to new construction and rental conversion. The supply is absurdly restricted.
-jcr
unauthorized access to a computer system
It's his computer. I don't see how the access can be unauthorized.
-jcr
Nobody has debunked the gender pay gap
Wrong. It's a myth.
-jcr
They're under the impression that Oracle has been discriminating against pretty much everybody in one area or the other.
Bullshit. They're under the impression that Oracle was likely to roll over and take it in the ass just to avoid the bad publicity.
-jcr
Maybe it was a legitimate complaint?
Or maybe he was a shitty employee who decided to play the race card when it caught up with him.
-jcr
Again, the Acela Express IS profitable.
If you want to make an investor pitch based on cherry picking a single route, good luck. Amtrak is still a basket case.
-jcr
Tell you what, sparky: if you think that you can operate Amtrak on a break-even or better financial basis, then talk to some investment bankers, take it over, and see if you're right. I wouldn't give you a dime, but if you take it private, I won't have to anymore.
-jcr
Plenty of people objected to the Boston Tunnel Debacle before, during, and after its perpetration.
-jcr
Your "gut feeling" that this project is a debacle does not make it so.
No, the massive waste of my tax money is what makes it so. Do try to keep up, will you?
-jcr
Big projects done by government, bad. No further information needed!
In case you didn't notice, TFA is about a particular example of a boondoggle. Getting snotty won't change that.
-jcr
Why not start upgrading the track to run at 150 mph in segments and speed up the trip?
Because Amtrak is a corporate welfare basket case that will never come close to justifying itself economically. We have aircraft now. Passenger rail is for short-distance commuting, and it's barely cost effective at that.
If done correctly, high speed rail could work on the west coast.
If wishes were horses, beggars would ride.
-jcr
So, one unmitigated debacle justifies another? What exactly are you smoking?
-jcr
In other news, water remains wet.
-jcr
sucked dry all the resources of the USA,
You have no clue what you're talking about.
-jcr
Bingo.
If you're unable to compete, it's up to you to upgrade your skills.
-jcr
The net effect of this price control will be to accelerate offshoring of those services performed by H1-B workers today.
-jcr
"Trickle down" is a left wing straw man. Nobody ever claimed that it's a good idea to give money to rich people, only that people will produce more, the less you loot their earnings, whatever their income level might be.
-jcr