Summary

Elon Musk called for privatizing Amtrak and the U.S. Postal Service, saying America should privatize “everything we possibly can.”

Speaking at a Morgan Stanley conference, he criticized U.S. passenger rail as “embarrassing” compared to other countries.

While Musk didn’t outline steps for privatization, he acknowledged it would require congressional approval.

His remarks align with Donald Trump, who recently suggested reviewing USPS privatization.

  • futatorius@lemm.ee
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    2 days ago

    Meanwhile, the UK is re-nationalizing privatized infrastructure because private monopolies provide even worse service than public ones.

  • futatorius@lemm.ee
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    2 days ago

    And I say almost everything owned by a billionaire should be expropriated.

    Why does the media listen to Musk and not people like me?

  • Phoenixz@lemmy.ca
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    3 days ago

    The scammer who singlehandedly killed US high-speed rail with his impossible fantasy hyperloop bullshit that caused hundreds of idiots to invest billions of dollars into technology that any third grader could tell you was bullshit says that US rail is terrible?

    Color me surprised

    Don’t get me wrong, it IS terrible, but he is part of the various reasons why it’s terrible.

    Wanna make the US better?

    Look at Europe, for starters. Make walkable and cyclable cities that are designed for humans not for cars. Then have normal speed (< 200kph) trains on an hourly or even half hourly service between neighboring cities. Add High speed tracks between states with services every few hours and have busses for mid distance.

    Then start reducing road width because you don’t need 20 lanes anymore all of the sudden

    Whatever you do, though, do NOT listen to what this scammer wants

    • admin@sh.itjust.works
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      2 days ago

      Wanna make the US better?

      Look at Europe, for starters. Make walkable and cyclable cities that are designed for humans not for cars. Then have normal speed (< 200kph) trains on an hourly or even half hourly service between neighboring cities.

      I mean, for starters, there’s approximately the same distance between Los Angeles and Phoenix, than between Frankfurt and Paris, the difference is the geographic variation, climate and other factors such as Arizona and California being separated entities even though they are in a federal union, that wouldn’t make it worth it or work.

      • Phoenixz@lemmy.ca
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        24 hours ago

        I can easily travel from Frankfurt tonparis by train

        Why wouldn’t I be able to do the same from Los Angeles to Phoenix? There literally arejtbany reasons beyond political unwillingness

    • aviationeast@lemmy.world
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      4 days ago

      Eminent Domain SpaceXand give it to NASA. Pay him using the new StarLink coin at a price of $100k per coin at let the value go with the market rate just like the Trumpcoins did…

  • Floon@lemmy.ml
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    2 days ago

    Maintaining a post office is the only specific service, aside from national defense, the federal government must provide mentioned in the Constitution.

  • chilicheeselies@lemmy.world
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    3 days ago

    My understanding is that Amtrak is what happened when the private railroad operators were failing, and the govt needed to step in to stop the passenger railroad network from collapsing completely.

    Its by and large not profitable. Air travel, for better or worse, eats its lunch.

    • Feathercrown@lemmy.world
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      2 days ago

      Some passenger amtrak lines are profitable. Privatising it would likely just mean cutting the ones that aren’t, to the detriment of the rail system.

  • pivot_root@lemmy.world
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    3 days ago

    Speaking at a Morgan Stanley conference, Elon Musk criticized U.S. passenger rail as “embarrassing” compared to other countries.

    Elon Musk? The same Elon Musk who helped cancel a high-speed rail transit project by touting his quickly-abandoned, far-fetched sci-fi transit system?

  • NimdaQA@lemmy.world
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    4 days ago

    Personally, I think it would be better to keep Amtrak majority state owned and throw billions of dollars at it. In fact, why not send out a $3 trillion stimulus package to get some Jobs going?

  • starchylemming@lemmy.world
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    3 days ago

    ever since germany privatised rail (and post) while remaining mayority shareholder it has become ultra shit.

    quality and reliability has gone down extremely over the years. efforts to mitigate the damage done thanks to neglect probably cost much more than proper maintenence would have cost them. those efforts are paid for by the state ofc.

    deutsche bahn is so unreliable, neighbouring states have to cope with them disrupting their own schedules. if anything its reliably unreliable

    but you already have a shitty underfunded rail system, so not much change there. the post office on the other hand will be heavily noticeable