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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
Why Chase Elliott will keep Jeff Gordon's Hendrick Motorsports No. 24 foxs.pt It was no real surprise that Chase Elliott was announced Thursday as Jeff Gordon's replacement in the No. 24 Hendrick Motorsports Chevrolet in the NASCAR Sprint Cup Series.
WNPV AM 1440 Watkins Glen won't look like this when WNPV broadcasts the NASCAR races on August 8th & 9th, 2015!
Cold lap: Take a spin around a snowy Watkins Glen oak.ctx.ly Strap in and take a ride around a snow-covered Watkins Glen International.
WNPV AM 1440 Many of you have been looking for information about WNPV's Taste of Home Cooking School for 2015. It is my sad duty to tell you that we will not be sponsoring a School this year. To find another School to attend ... or to sign up for the Taste of Home online cooking classes ... go to www.tasteofhome.com/cooking-schools/find-a-class. We thank you for your 30 years of supporting the radio station and our local business partners in our Taste of Home Cooking Schools.
WNPV AM 1440 Well, we played TWO games of Bingo tonight! Mary Ann Richard of Tylersport won the first game with just 10 numbers called! So we had time to play a second which Dan Yoder of Lansdale won! It's easy to play and win so pick up your official bingo card and be ready when snow closings cause us to play again!
WNPV AM 1440 As expected, WNPV will be playing Snow Bingo again tonight at 5! Since we didn't get nearly the amount of snow they predicted, you can still get your official orange bingo card at Barb-Lin Carpet One, 640 North Main Street in Doylestown ... Henning's Trains, 128 South Line street in Lansdale ... or at Walton's on the corner of South Broad and Hancock Streets in Lansdale. No purchase necessary.
WNPV AM 1440 Congratulations to Dave Friesen of Harleysville ... the winner of our 3rd Snow Bingo game of the season! Odds are we'll have another game tomorrow so stay tuned ...

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