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Detailed text transcripts for TV channel - FOXNEWS - 20150516:08:52:00

There are a lot of stops. the ridership is up. but the system wide subsidy is obviously a big waste of federal money and congress interferes with the spending to make sure it goes from this district to that district. they don t even get the maximum out of the money that they do spend. i want to sail one other thing about rail. it s 19th century technology fundamentally the idea that wire going to move large number of people through these trains is just not on. the reason it s going to lose money is we have trains and planes and cars to compete with them. frankly the bus competes pretty well in the northeast corridor as well. the next thing coming literally down the road is a driverless automobile. so it seems to me people are talking about we have got to pour more money into amtrak need to explain why with the exception of northeast corridor all these new technologies aren t going to render it obsolete probably within 10 or 15 years. i must remind everyone this is the lightning round ....

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