Posted by DERAIL, a resident of the Menlo Park: Park Forest neighborhood, on Feb 8, 2008 at 3:10 pm
“I want the truth!”
“You can’t handle the truth!”
A FEW GOOD MEN
Our advice to all the high speed train advocates is, think, do some homework, find out whether what we are being sold is real, or only smoke-and-mirrors.
Do you understand that this project will cost 2 to 3 times the now estimated $45 billion price tag?
Do you know that you, and all the rest of us in California, will be paying for this project out of your pockets? Bond issues are like mortgages. Do we need a $10 billion mortgage this year or next year in a state that is already in hock for $14.5 billion (and rising)? Bonds have the highest priority to access funds from the State treasury.
This project will saddle California with never ending annual operating deficits. Just wait for the inevitable sales taxes and the state income tax increases to pay for it!
They claim the train will be profitable. No passenger train in the US has ever been profitable. Most foreign passenger trains are heavily subsidized by their governments.
When you repeat their claim that this project will carry from 117 million to 120 million passengers each year, do you know who all these people will be, where they come from, and why they would want to be rushing up and down the State?
Remember, the State now has 38 million residents and that number may go up to 50 million (or, it may not). Why would over 100 million people have to go from San Francisco to Los Angeles every year? That would be every man, woman and child in California riding the train three times a year. If you think about it, are these number really plausible? And, if you are still in doubt, it’s about one third of the entire population of the United States.
This project will never get the Federal funds that Governor Schwarzenegger has demanded, nor will it get the private funds he also wants. The State will end up paying for almost the total cost of construction, possibly well over $100 billion. No project in the history of the human race has ever been even close to that expensive.
This project has serious environmental problems, which, by themselves should prohibit the project from being built. Evidence for that requires a whole separate discussion.
They claim that it would cost $50.00 one way from Anaheim to San Francisco. That’s nonsense. Look at train ticket costs around the world and in the US.
This project would basically be a luxury train for the well-to-do, costing the State taxpayers billions of dollars to build and millions each year in subsidies to operate. It will not be a commuter train. Is that a good investment of tax dollars in a state that is cutting health and education budgets?
And, here’s the really bad news. This project is really all about making billions of dollars for the developers and the construction firms. The prime contractor is Parsons Brinckerhoff, contractor of the infamous Boston “Big Dig”, which ran 5 times over budget and took a decade longer to complete than forecasted. They just settled a $458 million claim for faulty construction of the project.
The proposed bond proposition is already a “pork barrel” measure. Ten percent (10%), $950 million, doesn’t go to HSR, but rather to other transit agencies, which in turn were "bought" to give their support for the project.
Mike Brady, Morris Brown, Martin Engel
Founders of DERAIL, a 501 C-3 organization