#1 Buyers' remorse for California's 'bullet train to nowhere'06-05-2012, 12:54 PM
Good going CA!!!
By Nick Allen, Los Angeles4:00PM BST 04 Jun 2012
California voters are experiencing buyers' remorse over a $68.4 billion (£44.4 billion) high speed rail project which critics say risks becoming a "bullet train to nowhere."
Ambitious plans for a fast track linking Los Angeles and San Francisco at speeds of up to 220mph in just over two-and-a-half hours were slimly approved by 53 per cent in a statewide ballot in 2008. That allowed the state to raise $10 billion from bonds and secured an injection of $3.5 billion in stimulus money from the Obama administration. There is currently no direct train route between the two.
The project is still $54.9 billion short of what is needed, raising fears that the state will be unable to find the funds to finish later sections, and could be left with a futuristic rail line linking minor cities and farming communities.
Amid disillusion over the cost and handling of the project, voters have now turned against what was supposed to become a symbol of state pride.
May the FORCE be with you!
06-05-2012, 03:58 PM
- Join Date
- May 2008
- Minneapolis MN
Also from the article:
"The plan calls for around 300 miles of track to be laid south from there over the next 10 years to reach the northern outskirts of Los Angeles. A northern link from the Central Valley to San Francisco would not be completed until 2028."
2028? It seems that Obama needs to stretch that job creating stimulus package out as long as he can.Liberals are proof that evolution is only a theory. Nothing that stupid could evolve past a monkey.
06-05-2012, 05:41 PM
- Join Date
- Apr 2012
You can be sure that Public Unions will build that thing... over budget, over schedule and shoddy at best.
When a democrat says "create jobs" they really mean "give money to unions that will eventually be given back to me, only to need said money again to fix what was supposed to be built right the first ten times"
|« Previous Thread | Next Thread »|