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Summer Spectacular Ticket Giveaway 2014

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Amtrak VP: High-Speed Rail Needed

trainAmtrak Vice President Al Engel says the nation cannot meet 21st Century transportation needs without high-speed rail, and it requires a public investment. He says private investors will not see a return soon enough to justify putting up their money.

“Investors want to see a payback in five years or maybe a little longer.  With a project like this you’re not going to see a payback for ten years or more, so up front there has to be a public investment, but once the infrastructure is there on the right high-speed rail corridors you do not need an operating subsidy.”

He says the state and federal governments have to make policy decisions about subsidizing the infrastructure, and in the end they will see a return on their investments.

“It’s not coming all back in the fare box, but it’s coming back in the jobs that are created for the community and the economic activity.  It’s an indirect result, but the government makes it in taxes, so there’s a return on that investment by the government.”

Engel says Amtrak makes a profit on its Acela and Northeast Corridor service, which it uses to subsidize service elsewhere, and system-wide it covers 85 percent of expenses through revenues generated, which is far better than SEPTA and most other regional transit systems.  He says the federal government has been subsidizing transportation since Thomas Jefferson was president, when it helped with canals, and Abraham Lincoln authorized land grants and other help for the first transcontinental railroad.  He appeared Wednesday on the WNPV talk program Legally Speaking.
WNPV AM 1440 Saturday morning was a beautiful time for WNPV's Summer Spectacular Ticket Giveaway at Cardinal Camera in Quakertown! We gave away over $4,000 in prizes including three Grand Prizes of family 4-packs of tickets to Knoebel's Amusement Park in Elysburg. Saturday's Grand Prize winners were: Philip Schanz of Lansdale, Elaine Waters of Horsham, and Gloria Woodland of Lansdale. Maybe you'll win the Grand Prize at our next one!
WNPV AM 1440 Did you miss this week's "Regarding Your Money" show with George Toth? If so, you MUST tune in to "Chestnut Investment Attitudes" on Saturday at 9:10 AM! George has a very special guest, Michael Morsch, and they discuss the music of the 1970s! A very different show than usual ... so be sure to check it out at 1440 AM!
WNPV AM 1440 Make your plans today to attend WNPV's next Summer Spectacular Ticket Giveaway on Saturday, July 26, 2014, at 11 AM, at Cardinal Camera, on northbound Route 309 at the Route 313/663 intersection, in Quakertown! We are giving away almost $4,000 in prizes including Grand Prizes of family 4-packs of tickets to Knoebel's Amusement Park! We're getting down to the end of our run so take advantage of this opportunity to win your share! Plus, you'll get to meet Barry Papiernik, host of "The BuxMont Business Journal" heard Mondays on WNPV-1440 AM.
WNPV AM 1440 Did you win tickets to see ZZ Top at Musikfest in Bethlehem at one of WNPV's Summer Spectacular Ticket Giveaways? If so, you must call me ASAP. ZZ Top has cancelled their concert and Musikfest is making other tickets available as replacements but I must make the arrangements immediately before the other concerts are sold out. Call me (Linda) at 215-855-8211 and give me the seat numbers of your tickets. We will talk about the available options when you call.
WNPV AM 1440 Tomorrow is the third Saturday of July and that means that you should tune to 1440 AM at 11 AM for Mike Bruckner and "Premium Coverage!" This week he has a special guest ... Lawrence Merkel who was a Lt. Colonel with the U.S. Army Corps of Engineers.
WNPV AM 1440 Be sure to tune in to 1440 AM tomorrow (Saturday) at 8 AM for "Real Simple Retirement," a new program featuring Mark Kemp and Todd Little of Kemp-Harvest Financial in Harleysville.

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