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Old 03-01-2011, 10:11 AM
 
Location: On the Rails in Northern NJ
12,381 posts, read 23,314,967 times
Reputation: 4515

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Quote:
Originally Posted by NewToCA View Post
And...that reduces potential US jobs in making the trains and other equipment.

If we build this unnecessary junk (and yes, I think hi-speed rail is unnecessary junk), then at least we should create the jobs to manufacture and build the system.
The Trains would be made here , along with the tracks , signals , wires , and everything else......you underestimate the US..... The only Japan will bring is the knowledge , of building HSR in an Earthquake zone...
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Old 03-01-2011, 10:13 AM
 
2,093 posts, read 3,924,501 times
Reputation: 1094
Quote:
Originally Posted by Nexis4Jersey View Post
The Trains would be made here , along with the tracks , signals , wires , and everything else......you underestimate the US..... The only Japan will bring is the knowledge , of building HSR in an Earthquake zone...
So, why not hire Japanese engineers for their knowledge on our dime. I feel taking a loan from the Japanese government will only serve more of their best interests.
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Old 03-01-2011, 10:18 AM
 
277 posts, read 300,297 times
Reputation: 273
Quote:
Originally Posted by NewToCA View Post
And...that reduces potential US jobs in making the trains and other equipment.

If we build this unnecessary junk (and yes, I think hi-speed rail is unnecessary junk), then at least we should create the jobs to manufacture and build the system.
Why is it "unnecessary junk"? If everybody thought like you we'd still be in horse and carriage.
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Old 03-01-2011, 10:20 AM
 
Location: On the Rails in Northern NJ
12,381 posts, read 23,314,967 times
Reputation: 4515
Quote:
Originally Posted by TimC2462 View Post
So, why not hire Japanese engineers for their knowledge on our dime. I feel taking a loan from the Japanese government will only serve more of their best interests.
Nah , this isn't China were talking about its Japan.....
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Old 03-01-2011, 11:11 AM
 
Location: San Diego, California Republic
16,422 posts, read 22,270,715 times
Reputation: 8613
My first reaction when I read this was "what's in it for them?" Why is Japan helping build these railroads around the world?
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Old 03-01-2011, 11:25 AM
 
2,093 posts, read 3,924,501 times
Reputation: 1094
Quote:
Originally Posted by Gentoo View Post
My first reaction when I read this was "what's in it for them?" Why is Japan helping build these railroads around the world?
Because they are on the way to being broke. They've slipped from being one of the top economies in the world by China.
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Old 03-01-2011, 11:47 AM
 
Location: On the Rails in Northern NJ
12,381 posts, read 23,314,967 times
Reputation: 4515
Quote:
Originally Posted by Gentoo View Post
My first reaction when I read this was "what's in it for them?" Why is Japan helping build these railroads around the world?
They've built on just about every square of there country and made it profitable. MTR owns several Transit agencies other then Hong Kong....they make then profitable.... I don't see the issue here , if this were a project in the NE ppl wouldn't be objecting too it....
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Old 03-01-2011, 12:12 PM
 
2,093 posts, read 3,924,501 times
Reputation: 1094
Quote:
Originally Posted by Nexis4Jersey View Post
They've built on just about every square of there country and made it profitable. MTR owns several Transit agencies other then Hong Kong....they make then profitable.... I don't see the issue here , if this were a project in the NE ppl wouldn't be objecting too it....
The thing is, we're broke. I don't want to see our country be indebted to another foreign government. Remember the North Korea and South Korea fiasco? We tried to apply pressure on China to do something about their North Korean allies, but they didn't budge. Why should they, since our economy relies heavily on China's economy and our debt has been bought out by China. All China did was laugh, laugh, and laugh at us.

If our country was prosperous and self sustainable today, then maybe it would make sense to hire Japanese companies to share their technology with us. But since we're deep in debt, it doesn't make sense to pay more debt to get out of debt. Where's the reinvestment in all that?
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Old 03-01-2011, 12:23 PM
 
Location: SoCal
144 posts, read 549,710 times
Reputation: 67
Quote:
Originally Posted by Nexis4Jersey View Post
They've built on just about every square of there country and made it profitable. MTR owns several Transit agencies other then Hong Kong....they make then profitable.... I don't see the issue here , if this were a project in the NE ppl wouldn't be objecting too it....
Are you mixing MTR corp now privatized but until 2000 was owned by the Hong Kong government up with Japan? Hong Kong's subway design and trains were from British companies since they were still a colony at that time.

MTR was successful because they were given elusively to develop land (commercial/residential) projects around new towns in HK in which the subway lines would be extended to. MTRC has always made much more money being a developer than from the building the subway lines.
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Old 03-01-2011, 12:37 PM
 
Location: Here&There
2,209 posts, read 3,607,478 times
Reputation: 2423
Quote:
Originally Posted by TimC2462 View Post
The thing is, we're broke. I don't want to see our country be indebted to another foreign government. Remember the North Korea and South Korea fiasco? We tried to apply pressure on China to do something about their North Korean allies, but they didn't budge. Why should they, since our economy relies heavily on China's economy and our debt has been bought out by China. All China did was laugh, laugh, and laugh at us.

If our country was prosperous and self sustainable today, then maybe it would make sense to hire Japanese companies to share their technology with us. But since we're deep in debt, it doesn't make sense to pay more debt to get out of debt. Where's the reinvestment in all that?
We already are, who-owns-the-us: Personal Finance News from Yahoo! Finance
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