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California’s high-speed rail is running out of money, but progress has been made
CNBC ^ | May 17, 2023 | by Jeniece Pettitt

Posted on 05/17/2023 5:40:32 AM PDT by Oldeconomybuyer

click here to read article


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To: Oldeconomybuyer
jake
21 posted on 05/17/2023 6:02:21 AM PDT by The Louiswu (You cannot free a man from the chains which he reveres.)
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To: Oldeconomybuyer

But 15 years later, there is not a single mile of track laid, and executives involved say there isn’t enough money to finish the project.


Definitely not the can-do California of old.


22 posted on 05/17/2023 6:02:34 AM PDT by rbg81
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To: Oldeconomybuyer

progress has been made in running out of money?


23 posted on 05/17/2023 6:03:48 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: FlingWingFlyer

Do they even understand how broken the government must be?

$9B ????????????????????????????????????????????


24 posted on 05/17/2023 6:05:00 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: libertylover
Why is it elevated? So illegals can camp out underneath?

Oh, h3ll no, you silly goose. Camping underneath is for druggies, derelicts, and winos. Illegals get put up in four and five star hotels.

25 posted on 05/17/2023 6:06:03 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Oldeconomybuyer

Running out of money is progress in itself. But you know, all the time, it was “other people’s money”, and nothing that California was creating out of thin air.

California is not Japan, a nation that developed its rail transport system out of economic need and auspicious industry on the part of its citizens. There is none of that in this largely idle dream of ivory tower “thinkers” who are somehow romantically linked to rail transport as a “perfect” people mover.

An air shuttle service between the cities of San Francisco, Los Angeles and San Diego already exists, and has been entirely sufficient for the needs of the elite to move back and forth as required by the enterprises they pursue. Everybody else has become resigned to moving themselves by self-propelled vehicles moving on a complex roadway system.

That this system is failing is lack of an honest vision of what California REALLY needs.


26 posted on 05/17/2023 6:10:54 AM PDT by alloysteel (Fiction has to be at least plausible, while reality obeys no such constraint.)
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To: Oldeconomybuyer

“California’s high-speed rail is running out of money, but progress has been made”

California’s has run out of money

There, fixed it


27 posted on 05/17/2023 6:11:35 AM PDT by antidemoncrat
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To: Oldeconomybuyer

They’ve spend $9.8 BILLION and there is literally nothing to show for it. Does anyone else think that this is just a transfer of wealth from the working class to the rich elites who them kickback some to the politicians?


28 posted on 05/17/2023 6:17:30 AM PDT by Blood of Tyrants (It's science and therefore cannot be questioned!)
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The Simpson’s were way ahead if their time.


29 posted on 05/17/2023 6:32:20 AM PDT by deek69
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To: FLT-bird

I have a meeting 20 miles from here this morning. I’ve gotten out of bed. I’ve “made progress” in the same sense.


30 posted on 05/17/2023 6:38:25 AM PDT by j.havenfarm (22 years on Free Republic, 12/10/22! more then 6500 replies and still not shutting up!)
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To: FLT-bird

Indonesia and Morocco have high speed rail.

We don’t.

That says a lot.


31 posted on 05/17/2023 6:59:50 AM PDT by packagingguy
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To: Oldeconomybuyer

California High Speed Rail Authority established under republican Pete Wilson. Funding first began under republican Schwarzenegger. They have never made any bones about the fact that the federal government would be paying much of the cost, although they lied about how much, early on. Now, it is clear, we all will be paying the major part for this bipartisan California Folly.


32 posted on 05/17/2023 7:17:23 AM PDT by hinckley buzzard ( Resist the narrative.)
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To: packagingguy
Indonesia and Morocco have high speed rail. We don’t. That says a lot.

Most of what it says is America is a richer country in which people have cars. Our cities are built around the individual mobility allowed by the car. Things are far apart. We don't have nearly the population density you see in much of the rest of the world - ie our people prefer detached single family homes rather than being shoehorned into massive apartment towers. Because of this much lower population density, a lot of public transportation which makes sense elsewhere in the world is simply not going to make sense for us.

Even if you can get from LA to Fresno, what then? You arrive at the city center or wherever the trains tops and......and public transport is lacking or very very crappy. So you then have to rent a car to get around once you arrive. So people say "screw it" and just drive their own car.

33 posted on 05/17/2023 7:18:54 AM PDT by FLT-bird
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To: BBQToadRibs2

The got the right of way land-—literally DIRT CHEAP.

Calif SHUT OFF water supplies to those acres & acres of farming land—dried it up—and then bought it for a song


34 posted on 05/17/2023 7:20:59 AM PDT by ridesthemiles
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To: Oldeconomybuyer

“ We can’t get this project done without federal support. It’s just not going to happen.“

After 15 years, the truth comes out.


35 posted on 05/17/2023 7:27:27 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: Blood of Tyrants

They’ve spend $9.8 BILLION and there is literally nothing to show for it.


Oh, there’s something to show for it. They’ve built viaducts in the middle of nowhere that years from now will be like Berlin’s flak towers. Useless, but too expensive to tear down.


36 posted on 05/17/2023 7:38:21 AM PDT by hanamizu
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To: Oldeconomybuyer

Whatever happened to our Choo Choo Freeper?


37 posted on 05/17/2023 8:11:41 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: FLT-bird

I looked on their website. There are no reports of who owns/ed the property that the rail project is buying for this boondoggle. I would imagine Pelosi, Feinstein, Newsome, and every other grifter evil democrat has made remarkably well timed real estate purchases.


38 posted on 05/17/2023 8:19:38 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Oldeconomybuyer

About 350 mile drive. 500 million dollars per mile of train to save 3 hours of drive time... Except the time you have to drive to the train station, unload the car, get to the destination, find a rental car, go to your destination, then rinse and repeat to go home.


39 posted on 05/17/2023 8:22:15 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Oldeconomybuyer

Has one rider rode the train to somewhere yet?

5.56mm


40 posted on 05/17/2023 8:23:57 AM PDT by M Kehoe (Quid Pro Joe and the Ho have got to go)
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