http://almanacnews.com/square/print/2009/02/02/with-a-deficit-like-this-


Town Square

With a deficit like this ...

Original post made by Gern Blanston, Menlo Park: Linfield Oaks, on Feb 2, 2009

Who in their right mind would advocate spending tens of billions of dollars on high speed rail when the state is facing a projected $25 billion budget gap in 2009-2010 alone? Madness, I say:

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Comments

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Posted by Martin Engel
a resident of Menlo Park: Park Forest
on Feb 3, 2009 at 9:26 am

The roof is leaking. The basement is flooding. The plumbing is broken. The house needs a major repair job. We are in deep financial doo-doo. We may not be able to make the next mortgage payment.

Hey, honey, how about we borrow money and go out and buy a Ferrari?


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Posted by observer
a resident of Menlo Park: Downtown
on Feb 3, 2009 at 12:50 pm

Martin Engel writes:

"Hey, honey, how about we borrow money and go out and buy a Ferrari?

Hey Martin, don't think small... think "Let's build a High Speed Train" -- its only going to cost around $100 billions.




Like this comment
Posted by Joanna
a resident of Menlo Park: Downtown
on Feb 3, 2009 at 8:43 pm

It is an investment. Not spending for spending's sake.


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Posted by What a waste
a resident of Menlo Park: Belle Haven
on Feb 3, 2009 at 9:39 pm

It's spending for the sake of politics. It's an investment only if we can time travel back to 1890 or so, when trains still represented the future instead of the past.


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Posted by FormerMPer
a resident of another community
on Feb 5, 2009 at 6:37 am

I guess none of you ever leave Menlo Park. High speed rail is widely used in Europe and Japan. But I forgot, you are the same people who didn't vote for BART.


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Posted by Joseph E. Davis
a resident of Woodside: Emerald Hills
on Feb 5, 2009 at 8:01 pm

We're Californians. Nothing makes us happier than borrowing huge amounts of money to be wasted on politicians and their friends.

Next time you see a child, apologize for their stolen future...


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Posted by half baked rail
a resident of Menlo Park: Belle Haven
on Feb 5, 2009 at 9:11 pm

Railroad operators in the US aren't allowed to use the same kind of train cars that the HSR operators use in Europe and Japan. That's one reason that Acela has been such a fiasco.

Anyone else see the impartial legislative analysis of the HSR status? The project is full of holes, and non-compliant with the requests that the legislature has made. It will be interesting to see if anyone in our state legislature looks at the analysis. Looks pretty damning for the HSR folks.


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Posted by Ina Line
a resident of Menlo Park: Menlo Oaks
on Feb 7, 2009 at 9:53 am

No problem here in Calif. "Hey! How long is the wait at the DMV now?"