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9 Responses to "You’re welcome, America: California’s high-speed rail will need a federal bailout"

Drew the Infidel says:

March 29, 2013 at 7:26 pm

Ever heard of the Wright brothers, Kitty Hawk, or to strike a blow for equality, Amelia Earheart, or the Tuskegee Airmen?
Joy says:

March 29, 2013 at 9:10 pm

Everyone knew from day one that Federal funds would be required. After all, CA is the USA’s Greece. One of the really funny thing about California’s high-speed rail was when Governor Brown–known as one of this country’s most devoted environmentalist–unilaterally waived the requirement for an Environmental Impact Study for the high-speed rail. Evidently, such studies are for the “Little People” — not the Progressive political elites.
Carlos says:

March 29, 2013 at 10:02 pm

“… largely due to skyrocketing costs.”

Ya know, I’ve been walking this earth the better part of seven decades, and I’m not real sure I’ve ever seen an accurate forecast of a project’s cost from a government agency, from local to federal.

Which leads me to the conclusion that all government accountants are educated in the Obama School of New Mathematics and the Slo Joe School of Hiding Theft.

Those in government who come up with the “approved” projected costs of all government or government-backed projects, from the actual accountants to the people who approve such stupidity, should be held responsible (out of their own pockets) for any and all cost overruns. It might make them a tad bit more accurate in their assumptions and projections.
Mary Tracy says:

March 30, 2013 at 1:20 pm

How Southwest Airlines Killed HSR in Texas — From Wikipedia:

The plan was to connect the “Texas Triangle” (Houston – Dallas/Fort Worth – San Antonio) with a privately financed high speed train system which would quickly take passengers from one city to the next at prices designed to compete with or beat other transport options.

Funding for the project was to come entirely from private sources, since Texas did not allow the use of public money. The original estimated cost was $5.6 billion, but the task of securing the necessary private funds proved extremely difficult.

Southwest Airlines, with the help of lobbyists, created legal barriers to prohibit the consortium from moving forward and the entire project was eventually scuttled in 1994, when the State of Texas withdrew the franchise.
From Around the Blogroll « THE FIRST STREET JOURNAL. says:

March 30, 2013 at 6:44 pm

[…] You’re welcome, America: California’s high-speed rail will need a federal bailout […]
Disgraced Mark Sanford for South Carolina? No. Curtis Bostic For Congress and Weekend Links! says:

March 30, 2013 at 8:21 pm

[…] at Sister Toldjah has up a post on “You’re welcome, America: California’s high-speed rail will need a federal […]
Ryan says:

April 1, 2013 at 1:43 am

For skyrocketing costs, see: Bay Bridge Project

California has a nice history when it comes to this.
Ryan says:

April 1, 2013 at 1:45 am

“High speed rail” in California will pay for itself — in a few hundred years.
Carlos says:

April 1, 2013 at 1:08 pm

Reminds me of the “Performing Arts Center” we have in our little burg here. Fancying ourselves as a “cultural center” without a place to display our “culture” (think radicals, think OWS) the council got all their bean counters together, hired outside “consultants” (people hired by government entities to justify through smoke and mirrors whatever scam the guvmint entity wants to pile on the people), and presented to the people a ballot option that said the project would not only be self-supporting within five years, it would have paid for itself within that five years!

We, the great unwashed, are not only still paying for it through increased taxes forty years later, a vast majority of us po’ unwashed fools can’t afford to take ourselves or our culturally-deprived chillun there, either.

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