Political capital is at a premium this year

摘要

Railroads are spending mote this year, and they are spending more than money. Unfortunately, railroads are blowing a lot of political capital they are likely to need in the future. There is a lot going on in Washington these days: campaign finance reform, minimum wage battles, special prosecutors, the Iraq crisis — not to mention sex scandals at the White House. All these tensions have changed the mood here. It is getting nasty.