So Mr. President, are you going
to leave it up to the "Do-nothing congress" or are you going to use the example of the guy who invented the term?:
Truman orders army to seize control of railroads
From the Los Angeles Times' Money&Co. blog:
Concerns about the possibility of a national railroad strike that may
be called as early as Dec. 6 are growing all along the goods movement
supply chain.
On Thursday, organizations representing American seaports and retail
executives sent letters to the Obama administration and to Congress
imploring them to take action to avert a railroad strike that could cost
the U.S. economy as much as $2 billion a day.
A strike in the coming days would come at the worst possible time,
said Sandra L. Kennedy, president of the Retail Industry Leaders Assn.,
in a letter to President Obama.
A work stoppage "would disrupt the flow of goods during this critical
time, resulting in lost sales, outraged customers," Kennedy said, later
adding that it would undermine "what appears to be the strongest
holiday shopping season since the recession began."
American Assn. of Port Authorities President and Chief Executive Kurt
J. Nagel wrote to congressional leaders, saying, "The National
Carriers' Conference Committee estimates that a disruption of rail
service could potentially cost our country $2 billion a day. Given the
fragility of our current economy and job recovery, this simply cannot be
allowed to occur."...MORE
