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High-speed spending: Bullet train may need $3.5 million a day
LA Times ^ | May 13, 2012 | Ralph Vartabedian

Posted on 05/14/2012 6:45:05 PM PDT by AmonAmarth

If California starts building a 130-mile segment of high-speed rail late this year as planned, it will enter into a risky race against a deadline set up under federal law.

The bullet train track through the Central Valley would cost $6 billion and have to be completed by September 2017, or else potentially lose some of its federal funding. It would mean spending as much as $3.5 million every calendar day, holidays and weekends included — the fastest rate of transportation construction known in U.S. history, according to industry and academic experts.

Over four years, the California High-Speed Rail Authority would need as many as 120 permits, mostly from a tangle of government regulatory agencies not known to rush their business. It would need to acquire about 1,100 parcels of land, many from powerful agriculture interests that have already threatened to sue. And it would need to assemble five teams of contractors with giant workforces positioned from Fresno to Bakersfield, moving millions of tons of gravel, steel rail and heavy equipment across the valley.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Government; US: California
KEYWORDS: boondoggle; cahsr; hsr; moneypit
California would have to pay $6 billion to complete a 130-mile segment by September 2017, a plan that requires 120 permits and buying 1,100 parcels of land.
1 posted on 05/14/2012 6:45:11 PM PDT by AmonAmarth
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To: AmonAmarth

What idiot would possibly support this kind of corrupt boondoggle???!!!


2 posted on 05/14/2012 6:48:13 PM PDT by Rides_A_Red_Horse
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To: Rides_A_Red_Horse

“What idiot would possibly support this kind of corrupt boondoggle???!!!”

There is currently a surplus of idiots in California.


3 posted on 05/14/2012 6:50:22 PM PDT by AmonAmarth (Wherever you go...There you are)
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To: Rides_A_Red_Horse

You rang?

4 posted on 05/14/2012 6:51:32 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: AmonAmarth

A train wreck before there’s a train.


5 posted on 05/14/2012 6:54:34 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Rides_A_Red_Horse

What idiot would possibly support this kind of corrupt boondoggle???!!!

Heres a list of Idiots who support it...
Barack Husein Obama the Muslim/Marxist
Nancy Pelosi the living GORGON.
Harry Reid “I hit the Jackpot in Nevada Land deals”
and Dingbat Gov of California..MoonBeam Brown.
Lets “fast track” The economic collapse of the “Golden State”


6 posted on 05/14/2012 6:54:53 PM PDT by LtKerst
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To: AmonAmarth

breathtaking insanity


7 posted on 05/14/2012 6:59:09 PM PDT by Captain7seas (FIRE JANE LUBCHENCO FROM NOAA)
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To: Rides_A_Red_Horse; Toddsterpatriot
What idiot would possibly support this kind of corrupt boondoggle?

I can think of someone.

8 posted on 05/14/2012 7:04:26 PM PDT by 1rudeboy
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To: AmonAmarth

Spend $3.5 million a day

and

complete a 130-mile segment?

Would you settle for one out of two?


9 posted on 05/14/2012 7:05:49 PM PDT by moovova (OBAMA: The first US President to come out of the closet.)
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To: AmonAmarth

Here goes what they’ve done to prepare for this:

1) Shut off water to many central valley farms. If you’re not donating to the right people, your farm is going to wither. Driving up the 5 or down the 99, you saw field after field of prime farmland turning to dust.

2) Buy up land in the way - hey, might as well profit from the deal.

3) Change laws to suit your whims... California, such an eco first state, has waived the ability of individuals to sue to stop things like wind farms, solar projects or...high speed rail.

4) Pick who wins - Of course, the only neighborhoods that will be torn down to build this are...conservative Hispanic communities. The path seems to most favor any church that isn’t down with the whole amnesty Azland abortion loving thing.

And any city that might have had enough clout to fight it? Well, they just take all the redevelopment funds and cut off funding from the state - keeps them from having enough money to sue.


10 posted on 05/14/2012 7:18:31 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: AmonAmarth

All aboard for the express ride to Greece! California will do to America what Greece is doing to the EU. California refuses to cut out-of-control spending and they vote for politicians that keep on spending. The same politicians who are chasing the productive folks that employ people out of the state. The bloated welfare crowd won’t move out of state and the powerful government workers unions will preserve the 100k a year pensions for those who retired.

You know how the story ends.... the rest of the country will be forced to bail them out. Rinse and repeat. Their congressional delegation is so powerful that they will bend us over more than once to pay for their spending ways.

Just watch.


11 posted on 05/14/2012 7:25:01 PM PDT by volunbeer (Don't worry America, our kids can pay for it!)
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To: 1rudeboy

Choo choo Willie!!

12 posted on 05/14/2012 8:24:03 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: AmonAmarth

Hey I got an idea to pay for this boondoggle.

Why not raise taxes on gasoline to $25/gal. Look at all the money the state will have then. Or better yet, sell San Francisco to the Chinese, and let the Chinese pay for the train.
Afterall the Chinese built most of the first train tracks in the Golden State.


13 posted on 05/14/2012 8:34:47 PM PDT by hapnHal (hapnHal)
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To: volunbeer

Hey genius, the Federal government IS doing to America what Greece is doing the EU (really the EU is doing to the EU). California is a piker compared to the Federal government’s spending and borrowing. California would have to be $1.5 trillion in debt as we speak to be comparable to the Federal government... So while you worry about what you fear California is going to do to you the Federal government has already done a thousand fold... Yet you piss and moan that California is going to take the country down... Wake up already.


14 posted on 05/15/2012 1:04:33 AM PDT by DB
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