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Train and freight companies seemingly operate with impunity, have a crazy amount of influence over politics and regulation, and despite hundreds of billions of
by observationist 3y ago
Train and freight companies seemingly operate with impunity, have a crazy amount of influence over politics and regulation, and despite hundreds of billions of dollars thrown at various mass transit passenger plans over the decades, there's hardly any progress with regards to passenger solutions. These companies don't even have to lobby, apparently, because their influence and regulatory capture make them incredibly powerful.
They pull down around $260 billion a year in the US. $20ish million goes toward political donations and lobbying, by all 6-700 corporations - the stuff that's trackable, that is. Makes you wonder what you'd find if you could follow the money.