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  1. #1
    Join Date
    Dec 1969
    Location
    New Albany, Indiana.
    Posts
    8,955
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    California.......Billions in debt.......wastes BILLIONS on high speed rail

    I really cannot understand this stuff.

    Your state is bankrupt, yet you FOOLS vote to spend 3 billion dollars immediately and up to 68 billion dollars over 25 years for a high speed rail system.

    They will never get it.

    http://www.huffingtonpost.com/2012/0...n_1655437.html

    Later,

    Geo

  2. #2
    Join Date
    Dec 1969
    Location
    Lexington, KY
    Posts
    11,441
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    Didn't they ask for a federal bailout?? Don't know if they ever got it. The statement in the article about losing federal assistance money if they didn't act quickly tells me alot about why they did it. They should be fired not applauded. Hasn't anyone learned or at least been concerned with over spending or allocating money they don't have??? The country is still struggling from these idiotic practices.

  3. #3
    Join Date
    Jan 2007
    Location
    Louisville, KY
    Posts
    2,538
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    It's ALL because of the federal $$. Worst part is, the feds are telling them where to build it, so instead of it connecting downtown LA and San Fran, which would actually serve a purpose, it's supposed to connect two points in the San Joaquin Valley. How stupid is THAT??? But don't worry, they'll never actually build it, all they'll do is throw money at it:

    http://www.modbee.com/2012/07/10/227...as-bullet.html

    In case you hadn't guessed, yes, on this one, I'm firmly with the Repubs.

  4. #4
    Join Date
    Dec 1969
    Location
    Edmonson co. Ky.
    Posts
    613
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    San Bernardino, facing the possibility of missing payroll, becomes California's third city in weeks to authorize a bankruptcy filing. http://www.latimes.com/news/local/la...,5646419.story

    I guess that Cal knows that the Fed will bail them out. All of it is dirty work I think. It's stealing as far as I am concerned.

  5. #5
    Join Date
    Jun 2012
    Posts
    14
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    This reeks of kickbacks. But if you're going to build public transportation, build it WITHIN cities first, not link long distance cities. Geez wth are these people thinking?

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