California High Speed Rail Study

“California will receive a $2.34 billion slice of the $8 billion of federal stimulus funds earmarked for high-speed rail projects, more than any other state. But that is only a sliver of the $42 billion it will need to build an 800-mile line to carry the nation's first 220-m.p.h. trains.’

This is nuts.  California can’t afford the other $40 billion.  The Federal Government can’t afford the other $40 billion.  So why not try and use the $2 billion (by the way that is a lot of money) for something that will produce tangible results as opposed to maps, feasibility studies, and environmental analysis for this project that will not happen in the next few decades.

Schwarzenegger commented on how great a partner the Federal Government is.  Are you kidding me?  This is one bankrupt entity trying to kiss up to the bigger bankrupt government.

Posted via email from John's posterous