Exxon Mobil Corporation Message Board
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Obama pushes ahead with high-speed rail plan
Obama pushes ahead with high-speed rail plan
Washington Post
Published 11:05 p.m., Thursday, December 6, 2012
WASHINGTON — Undaunted by the looming fiscal crisis, the Obama administration said Thursday that it plans to forge ahead with its signature transportation project, investing billions of dollars in a long-term effort to build a high-speed rail network.
“We're not giving up on high-speed rail,” Transportation Secretary Ray LaHood said in testimony that was welcomed by a majority of members who attended the House Transportation and Infrastructure Committee hearing. “The president will include funding in his budget. I think we'll get there with public money, but in the absence of that we'll get there with private money.”
mysanantonioDOTcom/news/article/Obama-pushes-ahead-with-high-peed-rail-plan-4098381.php-
If this train wreck was such a good idea private industry would have already built the damn thing. Just another way to bleed America into third world status. This pos never gives up on destroying us.
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By the time it's completed, if it ever is, it will only cost taxpayers a subsidy of about $500 per ticket. Another Obamao contribution to deficit reduction.
- 1 Reply to infernalequinex
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taxpayer subsidy to get 1 (one) gallon of gasoline (thank you halliburton) to a army tank in the mountains of Afghanistan only 50$
but hey that punishes saddam and his nuclear weapons(did they find those YET??) AND puts cash in dick cheney pocket
the inferno cheers the army waste in another country
maybe the inferno will move there since he said he was leaving USA if Obama won election !!
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Bravo, greatnews, more jobs
- 3 Replies to michaelkosanovichkosanovich
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"The price of the California bullet train continues to rise according to the Los Angeles Times. Prior to project revisions, a high-speed train in California was supposed to cost an estimated $43 billion with an end date in 2020. However, according to recent reports, the revised plan, which is supposed to be unveiled later today, would quote the cost at $98.5 billion with an end date in 2033".
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It's meant to save energy for a greener planet, especially here in California.
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Really? #$%$
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