This is madness.
Our governments starve passenger rail into the second-class, pokey Amtrak system. Why? Because it's a failed 'socialist' experiment. Governments can't run services efficiently, say the Bush Administration. So we spend less than $2 billion on Amtrak every year.
But United Airlines, a private company, decides to unload their pensions onto the government, and we taxpayers pick up the cost. Of NINE BILLION DOLLARS. Here's an article citing the government's estimate of the loss.
For a private company. Hey, at least it's not socialist! Who cares how much government money we throw at a company -- as long as it is privately held, it's efficient!
(Full disclosure. . .I'm following this stuff because one of my clients is the Midwest High Speed Rail Association that you can join here if you want.)