by justalurker66
spidey3 wrote:Really? They are going to be willing to trade a limited, known, cost of compliance with regulations, vs. potentially unlimited liability to compensatory and punitive damages when passengers or employees die in accidents? If this is so, then we ought to be regulating for safety on purely moral grounds...They don't have a choice ... the fines for not complying with the regulations will force the railroads to comply with upgrades that will cost them more than the cost of the events that they prevent. The railroads are not unsafe the way they are today. At some point it becomes a jobs program for regulators ... pencil pushers dolling out fines to railroads because they didn't cross the T in safety.
As far as moral grounds ... as long as a train is moving it has the potential to kill or maim. So how about we write a law where trains cannot be moved. Period. Then we won't have any collisions between trains and other trains or other objects. It is our moral obligation to prevent every train injury and death. The only way to prevent every train injury and death is to stop running trains. Shut them off, weld the wheels to the rails and don't ever run one again. And hope that the alternative to rail transportation has a better injury/fatality rate. Otherwise ending train service would be an immoral thing to do.
There has to be a middle ground. Infinite regulation just leads to parked trains. Super safe ... but not getting the job done.