Besides alternative energy, on my FBN show tonight, I cover government rail projects. Politicians love spending your money on rail. They claim it cleans the air and reduces traffic jams. Joe Biden said last year: "if you're going to create jobs with a long-lasting platform for the future, it's rail, rail, rail, and rail." But it turns out that, in most places, rail is terribly inefficient. Amtrak loses $32 for every ticket it sells. So few people ride the line from New Orleans to Los Angeles that it manages to lose $462... read full review »