New study on how the Jones Act undermines U.S. shipbuilding and national security. Is Amtrak guilty of securities fraud?

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November 13, 2019

Jones Act Shipbuilding and National Security Study ([link removed] )

Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security ([link removed] )

Since its inception, supporters of the Jones Act have claimed that the law is essential to U.S. national security. Although indefensible on economic grounds, Jones Act advocates argue that its restrictions promote the development of both a U.S. merchant marine and shipbuilding and repair capability that can be utilized by the country's military in times of war. In a new study, Cato scholar Colin Grabow examines the national security justification and finds that the law has produced an outcome that is perilously at odds with its stated goals.

- Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security ([link removed] )

By Colin Grabow

Amtrak Train ([link removed] )

Is Amtrak Guilty of Securities Fraud? ([link removed] )

Amtrak's claims that 2019 passenger revenues covered all but $29 million of its costs are a complete misrepresentation of the truth, which is that it lost more than $1 billion in 2019.

- Is Amtrak Guilty of Securities Fraud? ([link removed] )

By Randal O'Toole

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