Posted on 03/14/2024 5:30:06 PM PDT by SeekAndFind
What’s a few hundred billion among friends?
And in a year $200B will be needed for the next mile of track to the last mile of track that court $100B.
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.
Our fake "government" is apparently the greatest grift of all these days.
Why would people want to go to San Francisco leave it yes but not go to it
So California, go to your voters and raise the money.
They should be talking to Elon Musk about his Hyperloop. That’s an even more effective way of burning money.
Pure insanity...but it’s Kalifornia...
Dumb ol’ California wouldn’t listen to me. And now look at the mess they’re in.
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
They need another $100 billion? Well, people in hell need ice water.
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!
The distance between Bakersfield in around 400 miles-—on the shorter side, at that.
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.
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.
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
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..
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