LIONEL PODCAST: The Philly Amtrak Disaster, America’s Pathetic Third World Infrastructure, Verizon/AOL Merger and Russia/USA Contretemps
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.
