Worth every 6.8 trillion pennies.

MichaelGabriel on January 23, 2013 at 7:03 PM

FIFY, just a minor correction to show the real difference.

Among the big questions that will hang over Richard, Morales and the entire project for years: Where is the other $60 billion going to come from?

Have Obama make 6 10-Billion Dollar Platnium coins and problem solved. :)

Worth every 6.8 trillion pennies.

The problem is that incompetent California leaders are going to do those parts last, and oh-so-green-and-progressive destination communities like Palo Alto are doing everything they can to hamstring operations on their part of the route.

There is also ample reason to doubt that the ruling Democrat political class can pull it off in a timely and cost-effective manner. That’s largely due to all the costly and time-consuming environmental regulation and litigation they’ve enabled. Conservatives can file EIS lawsuits too.

Of course we don’t… It’s NEVER going to be built, a pure Ponzi scheme.

SWalker on January 23, 2013 at 4:33 PM

Just a matter of how much is wasted in the process, isn’t it?

Among the big questions that will hang over Richard, Morales and the entire project for years: Where is the other $60 billion going to come from?

In the past, Moonbeam has stated that ‘foreign investors are lining up’! Of course NO ONE else has SEEN any of these foreign investors.

I think Moonbeam just didn’t HEAR correctly. I think what he heard was ‘Foreign TRAIN MANUFACTURERS are lining up to SELL us their bullet trains.’

….then a band of leather-clad brigands will break in, kill the father, take away the women and children and ransack the home. They’ll wake up to Malia Obama standing above them looking like Tina Turner and yelling, “Welcome to Thunderdome!!!”

Make work project. Bet the workers are going to be in unions.

rbj on January 23, 2013 at 4:40 PM

There’s some of that.

It’s all an excuse to use eminent domain to gobble up Central Valley fertile farmland.

Maybe they will start collective farms if the train doesn’t get built! That’s always worked before.

Or maybe all our homeless will live in the empty trains.

PattyJ on January 23, 2013 at 5:09 PM

This is closer to the mark.

Also, there’s a huge kickback/quid-pro-quo arrangement between the politicians and the big contractors – Siemens, etc.

When this is all said and done, the stations will be as crowded as the streets of Pyongyang.

http://www.forgottenoh.com/subway.html

It connects to nothing cities…amazing they are even considering this…Madera (central valley, pop 65,000) to Bakersfield (don’t visit in August)…

right2bright on January 23, 2013 at 4:45 PM

FIFY

Absolute madness.

Opposite Day on January 23, 2013 at 5:03 PM

Sorry to correct you but the scenario is more like….

I decide to build an addition to my home. The estimate is $90,000. The house is currently worth $500k but I owe $700k on it. The $90k addition will add $15k value. My house payments are $3800 per month but I only make $2500 per month. My parents can kick in $400 per month but only if one of them stops eating.

I then sign the deal with the contractor to get started.

Maybe they will start collective farms if the train doesn’t get built! That’s always worked before.

Or maybe all our homeless will live in the empty trains.

Just returned home from Californis. It’s starting to look like a 3rd world crap hole.

There are some communities in California already like a 3rd world environment. What the Left hopes the entire USA will someday be like.

We’re not too far behind.

I have NO IDEA if or how I can possibly get the rest.

I then sign the deal with the contractor to get started!

This is how utterly disconnected Big Government is from economic reality that we all as citizens have to live by.

What world do they live in?

A world of complete fantasy.

A world sprinkled with Rainbow Sugar Magic Unicorn Fairy Dust.

right2bright on January 23, 2013 at 4:36 PM

I moved there in 2001. Stayed for 6 years. 6 of the most unproductive years of my life but I met my wife there so it wasn’t a compete waste. We moved out of there 4 years ago. Would like to return someday but it likely won’t happen given the insane leadership, fiscal situation, crap economy, living costs and anti-2nd Amendment culture.