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Video: CA high-speed rail turning into boondoggle
 Voters agreed to $10B.Estimates released so far over $100B. So they'll scale it back to $70B and a third of the original service maybe? Whatever the case, this is how the feds are redistributing taxpayer money from across the country into the zombie that is CA. And nobody will ride it. And if they do, it will be because the ticket prices will heavily subsidized by the federal government until both the CA government and federal officials feel they can't hide it anymore. Then it will be dismantled amidst a $hitstorm of controversy and claims that ridership "just wasn't what it should be." And people will still barely be able to afford tickets on conventional rail. And the voters will continue to vote the same way. And business will continue to flee the state. Until home prices come down. And property and sales taxes get choked off. And CA collapses. And benefits for illegals finally disappear entirely. And the illegals all leave. Then we can start the whole cycle again as soon as CA's economy improves a bit. Follow the link to see the video. Posted by: gorb 2012-05-31 |
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