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NBA Superstar
The United States needs High-Speed Rail
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GSW Fan Since the 90s
Re: The United States needs High-Speed Rail
The one-party state of California started its High Speed Rail Project in 2008.
It was supposed to be a $9.95 billion bond that would be repaid by private investors.
12 years later...
No private investors
$100 billion dollar big gov't boondoggle
Taxpayers scammed
No train
ETA pushed back to the year 2033
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NBA rookie of the year
Re: The United States needs High-Speed Rail
Originally Posted by Cleverness
The one-party state of California started its High Speed Rail Project in 2008.
It was supposed to be a $9.95 billion bond that would be repaid by private investors.
12 years later...
No private investors
$100 billion dollar big gov't boondoggle
Taxpayers scammed
No train
ETA pushed back to the year 2033
Give the project to Elon and it'll get done, lul.
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The Bearded Menace
Re: The United States needs High-Speed Rail
Dream on lmao. Uncle sam has undying love for motor vehicles.
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The Renaissance man
Re: The United States needs High-Speed Rail
Originally Posted by Cleverness
The one-party state of California started its High Speed Rail Project in 2008.
It was supposed to be a $9.95 billion bond that would be repaid by private investors.
12 years later...
No private investors
$100 billion dollar big gov't boondoggle
Taxpayers scammed
No train
ETA pushed back to the year 2033
Sh!t like that pisses me off. The middlemen, politicians, whoever took all the money and nobody gets held accountable. That will be the downfall of this country as it was in Ancient Rome. Corruption and waste is what always brings nations down.
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NBA Legend and Hall of Famer
Re: The United States needs High-Speed Rail
California is the special interest. Scammed taxpayers across the US.
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Good college starter
Re: The United States needs High-Speed Rail
Originally Posted by Shogon
Give the project to Elon and it'll get done, lul.
Elon couldn't even build a 3-mile long tunnel under LA.
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NBA Legend
Re: The United States needs High-Speed Rail
Originally Posted by bladefd
Sh!t like that pisses me off. The middlemen, politicians, whoever took all the money and nobody gets held accountable. That will be the downfall of this country as it was in Ancient Rome. Corruption and waste is what always brings nations down.
Too much incompetence, corruption, and meddling to let the govt handle stuff like this. You need the private sector. But no one wants to deal with the up front costs and gigantic investment needed.
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Get him a body bag!
Re: The United States needs High-Speed Rail
What happened to the Hyperloop project??
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81 on the Raptors
Re: The United States needs High-Speed Rail
Originally Posted by eliteballer
In california, they started a rail program about 15 years ago, all it built was a mile
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The Bearded Menace
Re: The United States needs High-Speed Rail
If they build high speed rails there rn, how long do you think they would last? 2 years at the most?
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The Renaissance man
Re: The United States needs High-Speed Rail
Originally Posted by FKAri
Too much incompetence, corruption, and meddling to let the govt handle stuff like this. You need the private sector. But no one wants to deal with the up front costs and gigantic investment needed.
Private sector can't raise a sum like $10 billion. They need immediate return on investment rather than 20yrs down the road. Only nation-states can afford those kinds of sums..
Private construction companies also know how to take advantage of the system so if government provides funds, private construction companies will simply delay-delay-delay the work years and years to keep sucking up money like leeches. Politicians allow that to continue because they are in on it or because they hire a company they are in bed with or because they are simply too inept. Politicians fund a project then leave office in 4-6yrs and the project dies with partial money already spent. Someone else comes along, they may decide to kill the partially-finished project or decide to throw more money at it.
All returns to corruption and lack of accountability.
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Landslide honors
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81 on the Raptors
Re: The United States needs High-Speed Rail
Originally Posted by LAmbruh
The first section from San Fernando to Fresno was nearly complete until Trump pulled funding to satisfy his Big Oil buddies
Shame, his admin single handedly setting us back into medieval times of technology
Actually gruesom pulled the plug
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NBA Superstar
Re: The United States needs High-Speed Rail
What you dopes are missing is that the problems the California project has had are due to the exact same issues that plague governance and development everywhere in this country.
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