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Another great train robbery. (Correction, Please!).(Amtrak)(Brief Article)
ITEM: Senator Ernest Hollings, chairman of the Senate Commerce Committee, introduced "legislation authorizing $4.6 billion a year for Amtrak as a first step toward a revitalized passenger rail system," reported the Washington Post for March 6th. "'It is evident that we need to reevaluate our nation 's rail passenger policy,' Hollings (D-S. C.) said.... 'A strong federal role was required to establish the interstate highway system and the federal aviation network. And now, federal investment in passenger rail infrastructure is critical.'"
CORRECTION: The problem with passenger railroads is not too little government involvement, but too much. Amtrak has been given some $25 billion in tax revenues since its creation in 1971, though it's beyond reasonable belief that it will ever break even. Yet, when Amtrak was being assembled, officials promised it "would experience financial losses for about three years and then become a self-sustaining enterprise."
Amtrak was begun, in part, to escape previous ...
- Reform Council Considers Plans to Strip Amtrak of Most of Its Property.
- Newspaper article from: The Washington Times (Washington, D.C.) (via Knight-Ridder/Tribune Business News) January 10, 2002 700+ words
...Department of Transportation, the Amtrak Reform Council's staff told The Washington...yesterday. Congress formed the Amtrak Reform Council in 1997 to monitor Amtrak...declined to comment. The Amtrak Reform Council is scheduled to meet tomorrow...
- Reform Council's recommendation would take away Amtrak's property.(Amtrak's...
- Newspaper article from: U.S. Rail News January 16, 2002 700+ words
...under all the proposals the Amtrak Reform Council is considering for its final...said Gil Carmichael, Amtrak Reform Council chairman. "We need to get...trains. Congress formed the Amtrak Reform Council in 1997 to monitor Amtrak...
- Lawsuit tries to stop reform council while freight rail eyes...
- Newspaper article from: U.S. Rail News January 30, 2002 700+ words
...22 to block the Amtrak Reform Council's planned recommendation...order against the reform council and its recommendation to break up Amtrak. The unions...organized the reform council gave it authority to propose that Amtrak be "restructured...
- Amtrak Reform Council Recommends Split into Three Units.
- Newspaper article from: Chicago Tribune (Chicago, Illinois) (via Knight-Ridder/Tribune Business News) February 8, 2002 700+ words
...millions of dollars in new subsidies, the Amtrak Reform Council said the current Amtrak should be broken into three units. One...said Gilbert Carmichael, chairman of the reform council. Amtrak's problems stem not from a crisis in funding...
- Amtrak Reform Council Wants to Separate Trains from the Upkeep of the Track.
- News wire article from: Providence Journal (Providence, RI) November 17, 2000 700+ words
...separated from the tracks. The Amtrak Reform Council is considering how to finance...not begin until Dec. 11, Amtrak staged an inaugural run of...to Boston. Members of the Amtrak Reform Council were among those taking the...
- Amtrak no longer needs to prepare the liquidation plan ordered by the Amtrak...
- Newspaper article from: U.S. Rail News January 2, 2002 700+ words
...prepare the liquidation plan ordered by the Amtrak Reform Council recently. Congress voted to excuse the railroad...becoming profitable. The law also created the Amtrak Reform Council to monitor Amtrak's progress. The Reform Council concluded...
- AMTRAK REFORM COUNCIL IS UNDER SIEGE.(New Jersey Governor Christine Todd...
- Magazine article from: Railway Age Vantuono, William C. December 1, 1998 700+ words
The future of the Amtrak Reform Council has become the subject of doubt following...scuttling of ARC's ability to monitor Amtrak operations and prepare a plan for...the General Accounting Office, and Amtrak. Congress, in what is believed...
- Amtrak's "shadow board" reports.(Amtrak Reform Council )
- Magazine article from: Railway Age Wilner, Frank N. February 1, 2000 700+ words
...response could have been made by Amtrak's board of directors and senior...after the congressionally-created Amtrak Reform Council last month issued its first assessment...intrusive shadow board--said that Amtrak management is ineffective, financial...
- Rail Passenger Advocate Calls for Removal of Amtrak Board; Resigns from Amtrak...
- Press release article from: PR Newswire July 10, 2000 700+ words
...Vranich, who worked to create Amtrak 30 years ago, leveled the charges...letter, Vranich resigned from the Amtrak Reform Council (ARC), a congressional oversight...Congress intended, largely because Amtrak has stonewalled against ARC requests...
- What would Amtrak's restructuring mean to Bellingham? (Publisher's...
- Magazine article from: Bellingham Business Journal Thompson, John March 1, 2002 700+ words
...get a little less magical. The Amtrak Reform Council, the congressional body appointed...although there are plenty of Amtrak faithful that would argue that...The ARC has recommended that Amtrak as we now know it be restructured...
Source: HighBeam Research, Another great train robbery. (Correction, Please!).(Amtrak)(Brief...