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  • Stimulus Puts Railroads on Fast Track to the Future [View article]
    One comment, and this is NEVER a consideration for the Federal Government, but high speed rail is a major money loser for those countries who have it... it may well be good for commerce, but it loses billions in Japan (for example) and undercuts for-profit (not that they make any) transportation such as the airlines... for which a huge infrastructure the taxpayers already support exists.

    This is just another way for the government to squander our money and collect, for itself, huge bribes and exact graft from the constructing $100/hr unions. And you can bet that the actual rail cars will be made for 1% less by a Eurozone or Chinese contractor who got the "sealed" bids from US manufacturers sent to him/her by the US department that runs the bidding process... and yes, we save 1% and lose 25% in net tax revenues from having the rail cars made here,,, but that nice bribe to a numbered Swiss bank account is too tempting for the congressional members to pass up. Treason anyone?

    Cynical? Of course. Am I right? In a word, "yes".
    Apr 17 10:34 am |Rating: +4 -2 |Link to Comment
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