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California: We Need *Another* $100 Billion for High-Speed Rail
Hotair ^ | 03/14/2024 | Ed Morrissey

Posted on 03/14/2024 5:30:06 PM PDT by SeekAndFind

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1 posted on 03/14/2024 5:30:06 PM PDT by SeekAndFind
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To: SeekAndFind

What’s a few hundred billion among friends?


2 posted on 03/14/2024 5:31:23 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: SeekAndFind

And in a year $200B will be needed for the next mile of track to the last mile of track that court $100B.


3 posted on 03/14/2024 5:32:02 PM PDT by Liaison (TANSTAAFL)
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To: Army Air Corps

I a few hundred billion here, a few there

eventually you will be able to give me change for the 100 Trillion dollar bill in my wallet.


4 posted on 03/14/2024 5:34:52 PM PDT by algore
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To: Army Air Corps
America 2024: All you have to do is find the right grift.

Our fake "government" is apparently the greatest grift of all these days.

5 posted on 03/14/2024 5:34:53 PM PDT by kiryandil (what Krynky doink?)
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To: SeekAndFind

Why would people want to go to San Francisco leave it yes but not go to it


6 posted on 03/14/2024 5:35:04 PM PDT by butlerweave
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To: SeekAndFind

So California, go to your voters and raise the money.


7 posted on 03/14/2024 5:35:29 PM PDT by taxcontrol (The choice is clear - either live as a slave on your knees or die as a free citizen on your feet.)
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To: SeekAndFind

They should be talking to Elon Musk about his Hyperloop. That’s an even more effective way of burning money.


8 posted on 03/14/2024 5:38:50 PM PDT by Fresh Wind (Nothing says "Democracy" like throwing your opponents into jail.)
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To: SeekAndFind

Pure insanity...but it’s Kalifornia...


9 posted on 03/14/2024 5:45:35 PM PDT by rottndog (What comes after America?)
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To: SeekAndFind
Years ago I proposed that a handcart route be built between Los Angeles and San Francisco. It could use existing rails. The downhill part could be high-speed. And nothing could be greener.

Dumb ol’ California wouldn’t listen to me. And now look at the mess they’re in.


10 posted on 03/14/2024 5:49:20 PM PDT by Leaning Right (The steal is real.)
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To: SeekAndFind

Polls in recent years have shown even the idiot voters here have soured on this boondoggle. But still our rulers keep chugging along. We’ll, not really, but you know what I mean


11 posted on 03/14/2024 5:52:07 PM PDT by j.havenfarm (23 years on Free Republic, 12/10/23! More than 8,000 replies and still not shutting up!)
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To: SeekAndFind
That one will never go, but this one will (by Summer 2028):

Brightline West

12 posted on 03/14/2024 5:53:19 PM PDT by CedarDave (Pfizer's boosters: You just turned your immune system's functionality into a subscription service!)
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To: SeekAndFind

They need another $100 billion? Well, people in hell need ice water.


13 posted on 03/14/2024 6:07:27 PM PDT by clashfan (Whom shall I fear?)
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To: SeekAndFind

From https://www.whatitcosts.com/golden-gate-bridge-cost-build/

The Golden Gate Bridge in San Francisco was constructed over a four-and-a-half-year period spanning from 1933 to 1937.

The bridge’s initial cost amounted to $37 million, but additional expenses included $39 million in interest accrued on municipal bonds. Toll revenues covered the entire expense of the bridge before the final bonds were retired in 1971. By today’s standards, the approximate $76 million total cost (inclusive of interest) in 1933 equates to over $1.8 billion in 2024 dollars.

Measuring 1.7 miles in length, the Golden Gate Bridge incurred an approximate cost of $1.1 billion per mile.

California high speed rail cost ( from https://www.cnbc.com/2023/05/17/why-californias-high-speed-rail-is-taking-so-long-to-complete.html )

Turning to the California high-speed rail project, in 2008, Californians voted affirmatively on a $9 billion bond authorization to initiate construction of the nation’s inaugural high-speed railway.

However, after 15 years have elapsed, not a single mile of track has been laid, and project executives assert insufficient funding to see it to fruition. Current estimates project completion costs ranging from $88 billion to $128 billion to cover the entirety of the proposed system from Los Angeles to San Francisco.

My comment

In summation, projections suggest a hundredfold increase over the original $9 billion allocation voted upon in 2008, making the total cost range between $970 billion and $1.4 trillion by completion in 2024 dollars. When considering accrued interest, this estimate escalates to $2-4 trillion.

Given this vast scope, think about the ongoing maintenance costs of maintaining 500 miles of high-speed rail, particularly when juxtaposed with the $400 million 2024 budget allocated for the maintenance of the 1.7-mile Golden Gate Bridge!


14 posted on 03/14/2024 6:11:46 PM PDT by Atilla_the_Hun (XX XY chromosomes matter!)
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To: SeekAndFind
No problem. Tax YOUR millionaires.

Change the world

15 posted on 03/14/2024 6:17:15 PM PDT by null and void (There’s only one thing that’s for sure. Everyone on all sides a conflict will be happy to lie to you)
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To: SeekAndFind

The distance between Bakersfield in around 400 miles-—on the shorter side, at that.


16 posted on 03/14/2024 6:17:19 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: ridesthemiles

LA is pretty big-—They need to give CERTAIN points to work from/to.

IN ANY EVENT-—THIS is a big boondoggle for DIFI /Family. Her husband, Richard Blum, got the contract.

Since they are both dead-—don’t know who is the happy one now.


17 posted on 03/14/2024 6:20:08 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: SeekAndFind

I live in the Boston suburbs.
When local government tells that their latest mega-project will only cost a few billion and two years one must, as a local citizen multiply those numbers and years by at least x10.
I mean how many times does it take for this to sink in?
Most people don’t even know.

I mentioned todays Space-X Starship launch to around 7 people today.
not only did they not know about the launch, they did not even know about Space-X.
unbelievable...

not really, my whole life i realized that nobody i knew or talked to had any idea what was going on outside of their personal lives.


18 posted on 03/14/2024 6:26:51 PM PDT by mowowie
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To: SeekAndFind

It’s obvious that the money is going to illegal aliens, not to build rails.

They have suckered the feds to contribute to the gravy train. At this rate, they may actually finish the project in 100 years. /spit


19 posted on 03/14/2024 6:28:10 PM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: mowowie

The NEW big MA project are replacing the two supposedly decaying bridges into Cape Cod.
They frigging look ok to me but i’m no government contractor.
State already giving a multi-billion dollar cost and begging for federal assistance.
Got the plan all figured out they say.

Yea, we’ll see..
lets multiply everything by TEN when it’s all said and done..


20 posted on 03/14/2024 6:33:53 PM PDT by mowowie
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