Bitchin Dave's Newsletter - August 4th
If you aren't aware, the state of Florida has a passenger train service that runs between South Florida and Orlando called Brightline. This is the only privately run passenger service in the nation (or at least that's what I've heard). The issue at hand is that they are claiming that they are losing money .... and may declare bankruptcy. But I wanted to dig into that a little. Let's start with a short (and pretty superficial) history lesson. The company running the service is a direct descendant of Henry Flagler's Railroad (if you don't recall that story,...