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DOT report: High-speed rail would have made more money (Florida)
Tampa Tribune ^ | March 9, 2011 | Ted Jackovics

Posted on 03/10/2011 7:48:47 AM PST by Iron Munro

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To: Iron Munro
Have everyone the believers be a cosigner on the note, as a personal obligation secured by all assets and future income. Then the privately financed train can get moving. 12 Months from signing we can start the asset auctions.
21 posted on 03/10/2011 8:05:39 AM PST by org.whodat
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To: DeFault User

That route is already well serviced by buses, I wonder how many of them are full?

Now if they added a high speed line including one that took people from the Orlando circuit out to Cocoa Beach and dropped them off for the day they may see a big jump in riders.


22 posted on 03/10/2011 8:09:33 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
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To: Iron Munro

Re: #1; It the same with Rat’s and vote recounts. Recount and recount until you get the result you want then stop. See the movie “Key Largo”.


23 posted on 03/10/2011 8:11:46 AM PST by fella (.He that followeth after vain persons shall have poverty enough." Pv.28:19')
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To: Iron Munro

Its like this, the poll asks something similar to, “would you like to ride a bullet train if this state had one?”

Very few mightl answer “no”, and therefore we have this crap reported as news.


24 posted on 03/10/2011 8:17:39 AM PST by lefty-lie-spy (Stay metal. For the Horde \m/("_")\m/ - via iPhone from Tokyo.)
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To: Buckeye McFrog

There is a similar debate going on in the Cincy, OH area (I live close by) about streetcars for the downtown area. It is interesting to watch.


25 posted on 03/10/2011 8:18:26 AM PST by day10 (Integrity has no need of rules.)
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To: Iron Munro
Total BS.

If these DOT individuals, this hack newspaper, this hack writer, Obama, etc., really believe this boondoggle could make money then they need to privately fund it themselves. They need to put their money where their mouth is or shut up.

Meanwhile, the Florida taxpayers shouldn't have this loser hung around their neck.

26 posted on 03/10/2011 8:18:34 AM PST by Amagi (ObamaCare proposed a tax on Tanning Salons. That is RACISM STRAIGHT UP!)
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To: Iron Munro
PhotobucketThe Gov. is right. Here in Tampa, we have a trolley system that for the last 5 years, is costing residents millions a year.... It doesn't make any money... But the elites had to have it. There isn't a mass transit system in the U.S. that isn't running in the red.... Look at Amtrack.
27 posted on 03/10/2011 8:19:33 AM PST by baddog 219
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To: Abathar

I read this yesterday on another news source, and could only shake my head in disbelief.

Our new governor did the right thing by turning down the money.

Back when I was still reporting in North Carolina, I did a fair number of stories on various rail projects, mostly metro light rail. Absolute boondoggles, every one of them.

Now, I realize this is not exactly the same thing Gov. Scott is opposing.

But big intercity rail and urban light rail have one thing in common: Both are surely among the biggest money pits ever devised in the Leftward Land of Delusion.


28 posted on 03/10/2011 8:20:27 AM PST by Colonel Blimp
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To: mvpel
And, without the HSR, if they decide not to go, they are the ones that
will have to pay for the unused "seats" in the drive way, not their
neighbors.

With the HSR, everybody has to continue to "pay" for the unused seats...

29 posted on 03/10/2011 8:23:46 AM PST by Calvin Locke
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To: Iron Munro

Yup... in the real world, passenger rail needs on going subsidies. The consultants’ argument is self-serving. Let’s hope high speed rail never gets built in FL.


30 posted on 03/10/2011 8:28:06 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: ThomasThomas
If High speed rail would make a profit they would be people lining
up to bid on the private to invest in a private company.

Good point. The pols would be getting campaign contributions for
bidders trying to buy, er, sway the pols.

Instead, they've come up with this scheme to get the taxpayer to fun
union dem contributions, not to mention providing jobs for their
ne'er-do-well offspring and in-laws.

31 posted on 03/10/2011 8:28:36 AM PST by Calvin Locke
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To: Calvin Locke

Do the math. Even at $5 a gallon, its cheaper to drive to Orlando and back than its to sit in a train which will never really be high speed due to the number of stops it would be required to make. When you factor in the time savings going by car, high speed rail really can’t compete.


32 posted on 03/10/2011 8:36:05 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Calvin Locke

Liars figure, their figures lie!


33 posted on 03/10/2011 8:36:38 AM PST by stocksthatgoup (Wealth = Net Worth ...........Income = Net Work!)
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To: Iron Munro

I just watched a TV special on the railroad to Miami then to Key West. The entire thing was built by Flagler, using his own money (he was the brains behind John D Rockefeller and Standard Oil).

He created Maimi (they wanted to name the town Flagler but he insisted on using an Indian name.

If Florida really needs this high speed rail and it will make money, why don’t these Democratic politicians get Warren Buffet, Bill Gates or George Soros to invest their OWN money in the project?


34 posted on 03/10/2011 8:38:52 AM PST by BwanaNdege
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To: Iron Munro
It is 85 miles from Tampa to Orlando. Drive time 1.24 minutes.

At $4.00 a gallon and 23 mpg, costs about $15 to get there.

Compare that to the time to drive to the train station, park, get to the terminal, buy your $30 ticket, wait for your train. At 200mph, you get there in about 25 minutes. Then, go rent a car at $50 a day.

Bottom line is nobody will save time or money taking the train. Makes no economic sense whatsoever.

35 posted on 03/10/2011 8:41:34 AM PST by FatherofFive (Islam is evil and must be eradicated)
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To: Iron Munro

Rail advocates said Scott is focusing on an anti-rail ideology rather than business and “fact-based” decisions.

***********************************************************

What people *might* or *might not* do in the future are not “facts”, they are projections. They are based on predicting behavior, and, as such, they are probably wrong.


36 posted on 03/10/2011 8:46:04 AM PST by ConjunctionJunction
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To: Blood of Tyrants
"If it will run a surplus every year like they claim, then some evil capitalist would have built it long ago."

...Which is EXACTLY why Disney wants to build a high-speed train from the airport to their parks and couldn't care less about a route between Tampa and Orlando - even if it were to stop by Disney.

37 posted on 03/10/2011 8:46:59 AM PST by alancarp (Liberals are all for shared pain... until they're included in the pain group.)
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To: Blood of Tyrants

The dishonest reports leave out three things: inflation, cost overruns and route changes/upgrades. Bottom line is it will ALWAYS cost more than the initial projections. See the Big Dig. The taxpayers ARE going to be on the hook once they start building it and they will have shell out more after its starts running.

ALWAYS!


38 posted on 03/10/2011 8:48:05 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: alancarp

Then Disney should have no problem funding it.


39 posted on 03/10/2011 8:50:14 AM PST by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: ConjunctionJunction

If the rail advocates are right, they should invite a private consortium to build it. If its really going to be profitable, private investors will be willing to put up the money for it.

Why don’t they do it?


40 posted on 03/10/2011 8:50:38 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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