Even While Tax-Payer Subsidized Amtrak is $21 Billion in the Hole, the Company Will Now Waste Over $2 Billion on a Minor, Insignificant, Almost Completely Unnecessary “Upgrade”

I originally posted the following information and commentary onto my Facebook wall…

Amtrak is Spending Billions So You Can Travel 3 mph Faster on a Small Section of Track:
http://rare.us/story/amtrak-is-spending-billions-so-you-can-travel-3-mph-faster-on-a-small-section-of-track/

I love train travel. I’ve enjoyed it in France, Italy, China, and even here in the States. I think it would be awesome to have a private, nationwide, high-speed rail network in America, though I recognize that practical considerations make that highly unlikely for the foreseeable future.

I mention all that to say that in sharing this story I’m not anti-train; I’m anti-stupid wastes of taxpayer money.

You see, the Department of Transportation has announced its largest loan in history: $2.4 billion to Amtrak to pay for faster service in the Northeast corridor.

(Read entire article here…)

My Commentary: Brilliant!