High-speed rail price tag rises again
Original post made on Aug 10, 2011
Read the full story here Web Link posted Wednesday, August 10, 2011, 10:09 AM
on Aug 10, 2011 at 1:34 pm
What a wonderful Euphemism "the agency has always assumed the cost estimates of a major infrastructure project such as high-speed rail would be dynamic." What that translates to in plain english is "We lied about the costs, sytematically underestimating them, while we lied about the ridership, sytematically over-estimating it. But we are confident we can keep the taxpayers on the hook, no matter how expensive the project becomes."
This has been the attitude of backers since day one. Are we going to continue cutting funds to schools to feed this sacred cow? Let's find a way to cut off its head NOW, before we pour more money down the drain.
on Aug 10, 2011 at 1:46 pm
.....and this is news? Right now, I should say "I told you so", but, well........OK, I told you so! How anybody could have believed the nonsense spewed by the backers of this project is beyond my comprehension. Voters, you need to read beyond the headlines of the crazy initiatives. Any clear thinking person who read the context of the proposals had to recognize the scam. This is not the end of the revised estimates of the cost of the project. Once it gets beyond the point of no return, the estimates will skyrocket. STOP this project! Cut the losses NOW, rather than continue them indefinitely.
on Aug 10, 2011 at 1:49 pm
Stop this nonsense before it starts! What a joke! PERIOD!