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politehornyposter t1_j8py0y0 wrote

Good to know this information. What's more troubling is that our federal government has done nothing to regulate or reign in this industry. Maybe the state, if not the federal government could step in and buy up lines.

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aust_b t1_j8q0tut wrote

But of course ReGulaTion iS BaD until disasters like this happen

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tonkerthegreat t1_j8qwxv5 wrote

And then when it happens there's nothing to be done about it because it's too expensive

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HeyZuesHChrist t1_j8q11a0 wrote

Or just have stricter regulations. And then enforce them.

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politehornyposter t1_j8q1v4a wrote

This is a top-down solution, and you run into regulatory capture issues and companies looking for a corner to cut. Interestingly, before Norfolk S and CSX existed, their lines were owned by the federal government where it turned a profit which was then was promptly privatized by Reagan, lol. Private infrastructure is not great.

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