San Francisco train station has no trains

Posted by Dobrien 9 years, 6 months ago to Economics
19 comments | Share | Flag

Nice fiscal plan ,not.


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  • Posted by NealS 9 years, 6 months ago
    Maybe some of the sheltered and protected illegal aliens in California can help finance the project without the help of the rest of the country. If not maybe they will just take over the buildings backed by their friendly local government. At this point in time I have no desire to even go to San Francisco, yet alone California. (My full disclosure: I actually feel sorry for those that are stuck in California, I spent 23 years there, but got out 39 years ago. I too just got out the Seattle area exactly 1 year ago. Now I live in my new paradise (not capitalized).)
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  • Posted by $ allosaur 9 years, 6 months ago in reply to this comment.
    That could happen to any poster.
    That site will probably be showing something different tomorrow.
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  • Posted by NealS 9 years, 6 months ago in reply to this comment.
    The link went to storage units insurance claims denied because there was no evidence of a break in, lock missing. The only problem with this story is the news broadcast did not give the names of the insurance companies referenced in the story.
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  • Posted by $ CBJ 9 years, 6 months ago in reply to this comment.
    With California's top-heavy Democratic Party majority, the situation is likely to get worse. I wonder how popular the Dems will remain when these chickens come home to roost. Glad I left California 27 years ago.
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  • Posted by scojohnson 9 years, 6 months ago in reply to this comment.
    Funny they have the 'bullet train' in the rendering. We won't have any bullet trains in California, it's already been down-graded to 70 mph to use existing track and right-of-way easements (which don't allow 250 miles per hour). It's basically going to be an aerodynamic Amtrak. While, I happen to like Amtrak and would certainly commute on one if I had a need to, this is being sold as a bunch of bullshit.

    Here's the fascinating thing, people commute for 3-4 hours each way into San Jose / Silicon Valley from way out. The first 'bullet train' service into San Jose from the Central Valley won't be carrying people, only "cargo". So, we're going to spend $60 billion to haul a bunch of boxes.

    You really can't make this stuff up.
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  • Posted by $ allosaur 9 years, 6 months ago
    At the time me dino clicked on, I watched a video about Public Storage weaseling out of insurance payments for burglarized customers.
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  • Posted by 9 years, 6 months ago in reply to this comment.
    The statists need to go to debtors prison!
    If all of California’s public pension debt were divided evenly by household, each house would need to pay $77,700, according to a new project from a Stanford University researcher.The relatively high debt-to-household ratio makes the Golden State the third worst in the nation for total pension debt burden, behind Alaska and Illinois. That’s not to say that each Californian is responsible for paying $77,000, but the costs will fall on residents in different ways, as state and local governments figure out how to pay the debt, said Stanford researcher Joe Nation.
    The public sector can manage its debt by raising various kinds of taxes or cutting services. Governments can also hike contribution rates on public employees and employers — but those actions can also lead to greater cuts and taxes.
    In sum, California's public governments have obligations for $991 billion for which there is no current plan to pay. The total involves the state's two major public pensions systems as well as pension plans for every local government agency.


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  • Posted by $ jbrenner 9 years, 6 months ago
    From AS's Jim Taggart: "How do you expect them to develop if we don't give them transportation?”
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