Bay Area officials are rubbing their hands with glee at the prospect of tens of billions of dollars in tax subsidies for a high-speed rail line from Oakland to Los Angeles. This is so wrong on so many levels. Can anyone say “High-Speed Rail to Nowhere?” With the economy in recession, California’s plan to ask the federal government for billions of dollars to help build the nation’s first high-speed rail system might seem like wishful thinking rather than a feasible financial strategy. But transportation officials say that California’s high-speed rail project seems to be on a fast track to a...