My Bag of Squid

.. to kick down the beach. So stand back.

Thursday, January 04, 2007

Seems the Privatisation Contract is the Only Thing Not Derailing

Looks like the ill-managed Canadian CN Rail system suffered another derailment, what may be its third since the government there spat it out at the first guy to wander by.Yet another derailment
There has been another train derailment in British Columbia – the second in less than 24 hours.

On Monday afternoon, a CN train derailed north of Vancouver on the same former B.C. Rail line that has been involved in a number of accidents over the past few months. Then late Monday night another train lost a car, loaded with new automobiles. It fell into the Fraser River, near Burnaby.

What's the 'C' in 'CN' stand for anyway? It's not run by the government? Ohhh, right. Well, I'm sure the new manager will catch everything and run a safe, profitable, growable business.

It's not like they're going to embarrass your country or anything. You all got a tax refund from the profits of the sale of a company into which you'd been paying for 4 generations, right, or did your government just keep the money? I bet it used that money in some growth funds; you'll get it back one day, right?

One day, CPRail will buy CNRail's busted tracks, just like maybe one day a real country will buy up some of Canada's territories and run them just a bit better.

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