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Transcripts For CSPAN3 Rise And Fall Of The Railroad Industry 20161001

Nonstop since last sundays endorsement. Bookitle of our guests is, of course, the welldressed hobo. Himman those who knew new Stewart Brian was a welldressed man. He was a devoted supporter of the vigilant Virginia Historical society. He was a colleague and my publisher i will hit my 40th year paper in the first week of december, and stewart was publisher and chairman of media general for most of that period. He would be delighted by the book. He appears in the book, and i would just like to say, rush and i agree that stewart is not with us in body he passed away a few months ago, but he is here in spirit, and he will always be here in spirit at the Virginia Historical society, and we member him fondly. My personal relations with russia began a few years ago. I was at one of my neighborhood watering holes, and i ....

New York , United States , San Antonio , Sun Valley , Rock Island , Penn Center , District Of Columbia , Virginia Museum , Gerald Ford , Jimmy Carter , Phyllis Schlafly , Bob Claire , Stuart Saunders , Johnny Brian , Warren Buffett , Baldy Baldwin , Tim Kaine , Lloyd Bentsen , Alfred Perlman , Dan Quayle , George Michael , Richard Nixon , Gary Johnson , Stewart Brian , Stewart Saunders , Virginia Historical ,

Train Wreck | City Journal


Infrastructure and energy
Economy, finance, and budgets
More than 50 years on now, the spectacular collapse of the Penn Central railroad in 1970 is little remembered today, but its legacy is still with us not so much as a warning, but as a prelude: to New York City’s own near-bankruptcy in the 1970s; to four decades of financial engineering, beginning in the 1980s; to the 2001 Enron downfall; to the 2008 financial crisis and its “too big to fail” bailouts and yes, even to the public discontent that elected President Donald Trump.
As America emerged from World War II, most people would have laughed at the idea of the nation’s two premier freight and passenger railroads, the Pennsylvania and the New York Central, going broke in a quarter-century’s time. By design, the Pennsy and the Central were not fierce competitors but complementary “frenemies” that had long agreed not to undercut one another’s monopoly profits. From Massachusetts to Missouri, the two ....

New York , United States , Grand Central Terminal , Peter Binzen , Milton Shapp , Donald Trump , Stuart Saunders , Georgew Bush , Alfred Perlman , Josephr Daughen , Richard Nixon , David Bevan , Walter Wriston , York Metropolitan Transportation Authority , First National City , Penn Central , New York City , President Donald , World War , New York Central , New Haven , Penn Station , Madison Square Garden , New York Rangers , President Nixon , President George ,