Bush appointees to Amtrak board foreshadow breakup and privatization

(The World Socialist Web Site posted the following story on its website on September 30.)

WASHINGTON, D.C. -- President George Bush?s proposed nomination of three new members to Amtrak?s board of directors foreshadows the administration?s support for breaking up the national passenger rail system and selling off its most profitable parts to private industry.

Among the nominees is Louis S. Thompson, who retired earlier this year from the World Bank. Thompson began his career at the Transportation Department and played a role in creating Amtrak. At the World Bank, Thompson spearheaded successful efforts to privatize railroads in Argentina, Chile, Mexico and Romania; he also played a role in similar efforts to privatize railroads in China, India and Russia.

The second nominee is Robert Crandall, who retired from the chairmanship of American Airlines parent company AMR in 1998. Since then, Crandall has served on several boards, including Halliburton, the company formerly headed by Vice President Dick Cheney. The last nominee is Floyd Hall, a long-time Republican fundraiser and former executive of companies such as Singer Sewing Machine Co., the Grand Union Co. grocery chain and KMart.

Tuesday, September 30, 2003
bentley@ble-t.org

http://www.ble-t.org/pr/news/headline.asp?id=7980

© 1997-2020 Brotherhood of Locomotive Engineers and Trainmen
http://www.ble-t.org