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No California High Speed Rail

Posted by diessos 5 years, 3 months ago to Government
39 comments | Share | Flag

Lots of people saw this coming.


All Comments

  • Posted by CaptainKirk 5 years, 3 months ago in reply to this comment.
    Me too...

    But this poses an imminent domain question...

    Does this private company get to act like the government to get the land access they need?

    They should, reasonably...
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  • Posted by $ blarman 5 years, 3 months ago in reply to this comment.
    Only if it is done privately. I am against another Amtrak or any other kind of publicly-funded transit proposal.
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  • Posted by BCRinFremont 5 years, 3 months ago in reply to this comment.
    The Federal Government has many, many trillions of $ of assets to balance debt. Federal land in Alaska alone could probably cover the deficit, if sold....but there are few good options for buyers...
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  • Posted by 5 years, 3 months ago in reply to this comment.
    I agree with that. I had many "discussions" with pro-high speed rail people when Gov. Walker in Wisconsin killed the high speed project in the state. My reply is always, "If it's such a good idea, why don't you get private companies and individuals to invest their own money to build it? Is there anything stopping the Private sector from doing it ? Other than they know it's not profitable and will cost WAY TOO MUCH."... The response is crickets...
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  • Posted by chad 5 years, 3 months ago
    This scheme has never worked without massive subsidies which is always a good indication that it will never work. The only people capable of pulling off such an incredible scam is the government who can use violence to make you participate whether you want to or not. I doubt if enough investors could have been dredged up to get this boondockle off the drawing boards.
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  • Posted by Blanco 5 years, 3 months ago in reply to this comment.
    Yes, California is for all practical purposes bankrupt, and I suspect it will be painfully obvious when we have the next (severe) recession. However, is it anymore bankrupt than the Federal government? A trillion borrowed here and a trillion borrowed there, and soon you're talking about some real money.
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  • Posted by Blanco 5 years, 3 months ago in reply to this comment.
    Personally, I would contribute financially to that wall along the California/U.S. border - great idea!
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  • Posted by Joseph23006 5 years, 3 months ago
    They should have contacted Dagny Taggart, She'd have gotten it done right!
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  • Posted by BCRinFremont 5 years, 3 months ago
    Just guessing here, in lieu of the non-existance of a truthful California Balance Sheet. My guess is that CA would have to sell every asset on the books to cover its liabilities....including state parks and the city of Sacramento.
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  • Posted by BCRinFremont 5 years, 3 months ago in reply to this comment.
    ....squeezed out of Europe.... and, once again, the US and a few allies will have to spend precious lives to bail out their sorry asses!!!
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  • Posted by Solver 5 years, 3 months ago in reply to this comment.
    On the way, i’m hoping she would test the new bridge built using that new Rearden Paper developed by the State Science Institute. It’s a good rainy day for it.
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  • Posted by CaptainKirk 5 years, 3 months ago
    For the record. I am (overall) for a high speed rail system crossing our country.

    Most people don't realize that the Auto Industry took controlling interest of the rails, BEGGED the government to regulate them to death, an made sure that we went with individual vehicles.

    I am shocked when I visit Russia and see how few people have cars. they have no place to park them. They walk. KIOSKS show up close to them. Society finds a way. But NOW they are building a High Speed rail all the way through to China, with China. Imagine if they built the nuclear power plants to power them CHEAPLY, and what happens next?

    IMO Russia and China are going to eat our lunch. If they ALLY against us, we can be squeezed out of Europe. Russia has the nukes, China has the sheer numbers.
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  • Posted by CaptainKirk 5 years, 3 months ago
    Well, its time for Captain AOC to come to the rescue. Maybe she can blame using STEEL instead of plastic straws (she has a source of them just floating in the oceans, the size of Texas, which, cannot be seen by any satellites).
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  • Posted by DrZarkov99 5 years, 3 months ago
    Governor Newsome kind of backtracked today, saying the state will complete the first element, from Merced to Bakersfield. I think he's doing that just to hang onto the Federal money, because that route makes absolutely zero sense as a mass transit corridor. The reason they chose that route to start was to avoid lots of court time fighting property owners over a Los Angeles to San Francisco line.

    A better route would have been a Los Angeles to Las Vegas line, and I have no doubt the casino crowd would have invested.
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  • Posted by term2 5 years, 3 months ago in reply to this comment.
    thats what Maduro in Venezuela thought too. He forgot that the fat animals have legs and can also just not work so hard
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  • Posted by $ allosaur 5 years, 3 months ago
    Me dino thought these United States would be crisscrossed with bulleting zoom zoom solar-paneled choo-choos by the time we got rid of airplanes and tore down every last building to build it back up again in accordance to environmental specs just 12 years from now to keep the world from ending then.
    Me dino will turn 72 next month and was hoping to live to see all that miraculous stuff. Why? Because we were once able to go zoom zoom to the moon, that's why.
    Now I'll see the world end instead! Hey, that's not fair!
    How can I be buried if the world ends before everyone is too dead to provide me a decent funeral?
    And if I do get buried, who is gonna be around to mow the lawn at the pretty cemetery I've already picked out?
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  • Posted by Solver 5 years, 3 months ago in reply to this comment.
    Corrupted politicians consider states as tax farms, and there are a lotta fat animals that can still be farmed.
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