FORWARD! to Hi Tech c. 1840 !!!
Late on Friday, the Independence Day week, before a month’s holiday…
California lawmakers approved billions of dollars Friday in construction financing for the initial segment of the nation’s first dedicated high-speed rail line connecting
Los AngelesMadera and San FranciscoBakersfield. [about 140 mi.]
…authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.
Sen. Joe Simitian, D-Palo Alto, [chair of the high-speed rail committee] said public support had waned for the project, and there were too many questions about financing to complete it.
“Is there additional commitment of federal funds? There is not. Is there additional commitment of private funding? There is not. Is there a dedicated funding source that we can look to in the coming years? There is not,” …
No word on Federal loans for rifles so passengers may shoot buffalo and injuns from the moving train…
Aaaand, lest we forget:
Privately held DesertXpress [a company linked to Senate Majority Leader Harry Reid] is on the verge of landing a $4.9 billion loan from the Obama administration to build the 150 mph train… that would rocket tourists from the middle of nowhere to the gambling palaces of Las Vegas.
…The vast park-and-ride project hinges on the untested idea that car-loving Californians will drive about 100 miles from the Los Angeles area [to Victorville] , pull off busy Interstate 15 and board a train for the final leg to the famous Strip.
O’ course, when ya get back to that Victorville parking lot from your little Vegas Holiday, your wheels will be gone, engine removed, mirrors and windows shattered, body bullet-pocked and graffitti’d and the remains burned out…. BTNIN: JOBZ, Baybe, JOBZ!