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#1 "No economy can grow faster than its transportation network allows,"
Stupid, stupid, stupid! Wishful thinking.
Given their economy, CA needs to shrink its rail system.
Perhaps they are planning on taking the money and declaring bankruptcy. Maybe this is how Obean is planning on staving off their looming bankruptcy.
Posted by gorb 2012-07-07 04:10||
#2 This money buys no trains, only rail bed and stations. Billions spent and not a single train carrying a single passenger. If you are alive today, you will never see a train run from SF to LA. The lawfare in each town will take years to sort through. The first money for actual rolling stock isn't expected to be allocated until 10 years hence.
Posted by crosspatch 2012-07-07 05:01||
#3 Maybe they're building it under ground for the illegal aliens.
Posted by junkiron 2012-07-07 06:02||
#4 These people [the ones who cannot escape] will one day be the source of a great deal of trouble.
Posted by Besoeker 2012-07-07 08:06||
#5 John and Ken on KFI call it the "Browndoggle". It's a ridiculous expenditure that violates all the promises and restrictions on the bond that passed by the idiot voters. It will not work and needs to be taken to court
Posted by Frank G 2012-07-07 08:12||
#6 These people [the ones who cannot escape] will one day be the source of a great deal of trouble.
And the ones that do escape are a source of great trouble right now.
Not all of them, but enough. They spread their contagion by fouling whatever new nest they land up in. We need to quarantine the whole state.
Posted by Secret Asian Man 2012-07-07 09:40||
#7 SecretAsianMan, sorry, but no sympathy for you. California is almost nothing but people who invaded us from other states (and Mexico). This is just payback.
Posted by AuburnTom 2012-07-07 10:17||
#8 If you have never jetted in from DC and needed to get to the vineyard, you just do not understand.
Posted by swksvolFF 2012-07-07 10:42||
#9 Browndoggle...heh, heh. How he thinks we're gonna pay for it when the state is already broke is beyond me. I like trains but you can't keep spending money you don't have.
And AuburnTom, you are 100% correct.
Posted by Abu Uluque 2012-07-07 13:29||
#10 "If you have never jetted in from DC and needed to get to the vineyard, you just do not understand."
That is when you fly in to the Santa Rosa airport (Sonoma County Airport). Vinyards are right there.
Posted by crosspatch 2012-07-07 13:49||
#11 ...said California would have lost billions of dollars in federal aid if the Senate fails to pass the bill before adjourning Friday for a monthlong recess.
Or as the ShamWow guy would say...Call now 'cause we can't do this all day.
Posted by DepotGuy 2012-07-07 13:59||
#12 DC to Santa Rosa, 783, 1 stop
DC to El Segundo, 475, 1 stop - 534 no stop
But I suppose with one's own 747 $200 ain't much.
Posted by swksvolFF 2012-07-07 14:52||
#13 SecretAsianMan, sorry, but no sympathy for you. California is almost nothing but people who invaded us from other states (and Mexico). This is just payback.
Whose fault was that? Speaking of no sympathy...right back at you. But now, my state (Texas) is being flooded with Blue State refugees and some of them are from California.
And completely clueless as to what went wrong in the state they just abandoned. Not all of them, but most.
Posted by Secret Asian Man 2012-07-07 14:53||
#14 "No economy can grow faster than its transportation network allows,"
That may be true, but it does not mean the transportation network is the limiting factor in Cali's economy. Last I was there, they still had paved roads and were even connected to the interstate highway system.
This is just a Pacific island cargo cult writ large. Build it and prosperity will come! Pity they will need to borrow money to do it rather than simply using indigenous coconut shells and bamboo.
Posted by SteveS 2012-07-07 14:58||
#15 And completely clueless as to what went wrong in the state they just abandoned. Not all of them, but most.
Exactly. They just don't seem to learn that you shouldn't $hit in the bathtub.
Posted by gorb 2012-07-07 17:34||
#16 But now, my state (Texas) is being flooded with Blue State refugees and some of them are from California.
The exact same thing happened in California back in the 1970s. The people came from New York, New Jersy, Michigan and, yes, even Texas. I know because I saw the out of state license plates. We were just that many years ahead of you. :)
Posted by Abu Uluque 2012-07-07 18:08||
Posted by Eltoroverde 2012-07-07 20:15||
#18 Taiwan bought rights to the previous generation of Japan's high speed rail and the current generation of the robots to build elevated grade high speed rail lines. To go from Taipei to the southern most city... about the same distance as from Chicago to St Louis takes about 2.5 hours and cost $35. The secret is not inventing it themselves, not building it with lots of workers and not buying equipment from overseas... rather just licensing good enough and building lots of robot builders.
Posted by Water Modem 2012-07-07 21:32||
Posted by junkiron 2012-07-07 23:05||
#20 I'm not even for bailing out California's current economic boondogle, let alone the a 68 billion dollar fisaco this could turn into.
Posted by junkiron 2012-07-07 23:22||
#21 So who is going to buy these bonds anyway????
Posted by Alaska Paul 2012-07-07 23:35||