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| Re: Gibbs Can't Name Countries Where Government Health Care Works Better (465271) | |||
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Re: Gibbs Can't Name Countries Where Government Health Care Works Better |
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Posted by bmtlines on Mon Jun 22 11:29:15 2009, in response to Re: Gibbs Can't Name Countries Where Government Health Care Works Better, posted by trainsarefun on Mon Jun 22 11:11:31 2009. Actually the IRT subway division was profitable - the Manhattan Elevated leases were dragging them down. Then there is also the 800-lb gorilla in the room - the IND. The companies would have had a chance IF it had not been built.That is not to say that it is bad that subways replaced elevated lines such as at Fulton St in Brooklyn but what if the Fulton St subway were turned over to the BMT while the Sixth and Eighth avenue subways were turned over to the IRT? As for a unified system - the BMT recognized the need for a unified system in 1927 and probably would have merged with the IRT at some point. In fact steps toward such a merger were taken - in the early 1930's BMT management had acquired contol of the IRT through stock ownership but they were forced to sell the shares. Apparently private monopolies are evil but public ones are glorified :( |
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