California High Speed Rail: Final Cost Could Top $200 BILLION

[citynomad]

Originally Posted by SunJoaquin

And, right now, you can assume that it would cost a lot more than that. Because construction of any kind ALWAYS costs more than is estimated.

It's way too late for this. They needed to jump on the opportunity in the mid-80's. The state cannot afford it in no way, shape or form, and the federal government should have no business even considering it. I do not, and never have believed, that this speed rail would be self-supporting or even make much of a profit. With that, it isn't worth uprooting people from their homes, cutting into farmland, and sinking the state into an even deeper hole.

I think you'd be better off and happier at the western Idaho forum. You're right this should've started in the 80's or even the 70's,60's,50's.... Let's not keep putting this off year after year until it's too late.

[citynomad]

Originally Posted by BMW3series

If it actually ended up costing $200 billion to create a few high speed rail lines and trains, it would cost $1-2 trillion to update all our ports, airports, highway systems, and public transportation systems. People against high speed rail will use creative accounting to make their case and so will people in favor. Look at China, Japan, Korea, or any modern country in Europe to come up with an accurate estimate.

Thanks for your support. Yeah, "creative accounting" did a good job helping this group .

[BayAreaHillbilly]

Originally Posted by citynomad

HSR is going to work in Cali and the rest of America except western Idaho and deep Alabama, of course. Ridership with rail (Acela) keeps rising year after year. And yes, oil won't last that long.

So according to some self proclaimed world traveler (would be interesting to have a little "weird places visited" tet a tet) anyone who questions this is some gap toothed double wide dweller. Yeah, that's the ticket, let's get all ad hom here.

[BayAreaHillbilly]

Originally Posted by citynomad

Thanks for your support. Yeah, "creative accounting" did a good job helping this group .

While many of the tax-avoiding rich hail from developed countries in Europe and North America, the newly wealthy in developing countries, such as China and India, have siphoned off enough in the last 40 years to pay off their countries' respective debts, Henry said.

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Danged BRIC dwellers.

Also, given the current IRS efforts, the "Europe and North America" portion are mostly found in Mexico, Canada and Europe. Not too many 'mericans getting away with it any more.