Amtrak

Chiraq peacekeepers, thought police and Pentagon programs + this day in history w/Michael Jackson charged and our song of the year by Cory Branan on your Morning Monarchy for December 18, 2017.

The dangerous underfunding of US infrastructure was underscored by a fatal train derailment on May 12th. The tragedy did not deter the House Appropriations Committee from voting to slash Amtrak funding the very next day. There are ways Congress could fund its massive infrastructure bill without raising taxes. But the conservative-controlled Congress seems to have other plans for the nation’s profitable public assets.

Infrastructure. We look like a third world country. Our airports and rail stations look like a retro film. We can do better. Involve the Fed. Nationalize it. The problem with the Federal Reserve is that they see their role historically as saving failed banks – especially “zombie banks,’” bankrupt entities that just sit there busted and collapsed. They absorb government and Fed resources. They don’t provide investment, create jobs. Nada. To be competitive, to be conversant with a 21st century transportation platform, infrastructure investment is critical.