Government Now Too Poor to Ride Government-Subsidized Trains - The American Spectator | USA News and Politics
Government Now Too Poor to Ride Government-Subsidized Trains
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A heartbreaking snapshot of what we’ve been reduced to, from the New York Times’ DealBook

The Securities and Exchange Commission and the Commodity Futures Trading Commission are struggling to fill crucial jobs, enforce new rules, upgrade market surveillance technology and pay for travel.

On a recent trip to New York to tour a trading floor, a group of employees from the commodities watchdog rode Mega Bus both ways, arriving late to their meeting despite a 5:30 a.m. departure. The bus, which cost $30 a person round trip, saved the agency roughly $1,000 over Amtrak.

Is this a story about how badly the CFTC is underfunded, or about the uselessness of Amtrak subsidies? I can’t tell, but Megabus is awesome.  

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