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"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail

VySky

VySky

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I mean, we are only talking about roughly a ~390% increase over previous estimates of 33 billion. 🤷‍♂️

Now Congress wants to know more.

Its a train track to nowhere at this point.

To be fair, I'm surprised the arm of big oil has political reach into California as that is why our country lacks mass transit efficiencies like other countries.

Japan is a very good example.

It is what it is.

=================================================

California’s beleaguered high-speed rail project is under investigation by the U.S. House Committee on Oversight and Government Reform.



"The probe, launched Aug. 19, will focus on whether project officials knowingly misrepresented the ridership projections and financial viability of the long-delayed and expensive rail line to secure federal and state funds.

Committee Chairman Rep. James Comer (R-Ky.) has requested a staff-level briefing, documents, and communications related to the project."

“The [California High Speed Rail] Authority’s apparent repeated use of misleading ridership projections, despite longstanding warnings from experts, raises serious questions about whether funds were allocated under false pretenses,” Comer said in a statement.

“The massive cost overruns and lack of progress warrant a reassessment of whether [the authority] acted with transparency and complied with the law.”
Click to expand...

The High Speed Rail Authority was first established in 1996 to plan a railway connecting San Francisco and Los Angeles. Costs for the project were originally expected to reach $33 billion, and Californians were told it would be completed by 2020. Voters authorized the rail line in 2008, but to date, the state has not laid any track, and the railway is now expected to cost up to $128 billion.

"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
Here's more.

----

SACRAMENTO, Calif. (AP) — California’s long-delayed high-speed rail project could be operating in the Central Valley by 2032, but it is far short of securing the funding it needs to connect up north toward the San Francisco Bay Area and south toward Los Angeles, according to a report by officials released Friday.

It will cost roughly $87 billion to build between Gilroy, about 80 miles southeast of San Francisco, and Palmdale, about 37 miles north of Los Angeles, the High Speed Rail Authority’s report says. That section is expected to start running in 2038.

apnews.com

California's long-delayed bullet train slated to run in the Central Valley by 2032, report says

California's long-delayed high-speed rail project is slated to be operating in the Central Valley by 2032, according to a report released Friday by the High Speed Rail Authority.
apnews.com apnews.com
 
Yup. California has proven themselves incapable of building this train...or building much of anything, really. It's sad because it would have been very beneficial if they weren't incompetent, but it just isn't going to happen. This is why we can't have nice things. Might as well cancel it at this point.
 
My trips to Europe I always rented an Audi or Beemer hotrod and took to Bahn in my travels with friends and family. Last October we used HSR to travel and I can say it was a relaxing and enjoyable way to travel. I would love to be able to travel HSR from NY to the West Coast or even the Carolinas or Fla for short getaways. The German system is amazing. You wanna go from Heidelberg to Paris, you book it on your phone and go, you have a rental car at your destination ready and waiting if you like or just continue on local rail systems.
 
Gatsby said:
Yup. California has proven themselves incapable of building this train...or building much of anything, really. It's sad because it would have been very beneficial if they weren't incompetent, but it just isn't going to happen. This is why we can't have nice things. Might as well cancel it at this point.
Click to expand...

Incompetence implies they don't know what they're doing - but they certainly do. What looks like incompetence from the outside is really just public choice economics in action: politicians, contractors, unions, and regulators all acting to benefit themselves, not the public good. That outcome isn't surprising, it's exactly what we should expect.
 
VySky said:
I mean, we are only talking about roughly a ~390% increase over previous estimates of 33 billion. 🤷‍♂️

Now Congress wants to know more.

Its a train track to nowhere at this point.

To be fair, I'm surprised the arm of big oil has political reach into California as that is why our country lacks mass transit efficiencies like other countries.

Japan is a very good example.

It is what it is.

=================================================

California’s beleaguered high-speed rail project is under investigation by the U.S. House Committee on Oversight and Government Reform.



"The probe, launched Aug. 19, will focus on whether project officials knowingly misrepresented the ridership projections and financial viability of the long-delayed and expensive rail line to secure federal and state funds.

Committee Chairman Rep. James Comer (R-Ky.) has requested a staff-level briefing, documents, and communications related to the project."



The High Speed Rail Authority was first established in 1996 to plan a railway connecting San Francisco and Los Angeles. Costs for the project were originally expected to reach $33 billion, and Californians were told it would be completed by 2020. Voters authorized the rail line in 2008, but to date, the state has not laid any track, and the railway is now expected to cost up to $128 billion.

"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
Click to expand...
Lookie here - Idiot Comer, the useless MAGA Trump ass-kisser targeting California. What a nice lapdog, doing anything to appease his hero and idol.
When does him and sex abuse ignorer investigate failed FoxxCon?
 
VySky said:
I mean, we are only talking about roughly a ~390% increase over previous estimates of 33 billion. 🤷‍♂️

Now Congress wants to know more.

Its a train track to nowhere at this point.

To be fair, I'm surprised the arm of big oil has political reach into California as that is why our country lacks mass transit efficiencies like other countries.

Japan is a very good example.

It is what it is.

=================================================

California’s beleaguered high-speed rail project is under investigation by the U.S. House Committee on Oversight and Government Reform.



"The probe, launched Aug. 19, will focus on whether project officials knowingly misrepresented the ridership projections and financial viability of the long-delayed and expensive rail line to secure federal and state funds.

Committee Chairman Rep. James Comer (R-Ky.) has requested a staff-level briefing, documents, and communications related to the project."



The High Speed Rail Authority was first established in 1996 to plan a railway connecting San Francisco and Los Angeles. Costs for the project were originally expected to reach $33 billion, and Californians were told it would be completed by 2020. Voters authorized the rail line in 2008, but to date, the state has not laid any track, and the railway is now expected to cost up to $128 billion.

"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
Click to expand...
"officials knowingly misrepresented the ridership projections and financial viability"
How is this not fraud?

"Time For This Boondoggle To Die"
Quoted for truth.
 
redbeer said:
How many politicians, contractors, and consultants became wealthy over this con? Follow the money.
Click to expand...
Let's keep the conversation on the California Rail and not the Trump Administration.
 
VySky said:
I mean, we are only talking about roughly a ~390% increase over previous estimates of 33 billion. 🤷‍♂️

Now Congress wants to know more.

Its a train track to nowhere at this point.

To be fair, I'm surprised the arm of big oil has political reach into California as that is why our country lacks mass transit efficiencies like other countries.

Japan is a very good example.

It is what it is.

=================================================

California’s beleaguered high-speed rail project is under investigation by the U.S. House Committee on Oversight and Government Reform.



"The probe, launched Aug. 19, will focus on whether project officials knowingly misrepresented the ridership projections and financial viability of the long-delayed and expensive rail line to secure federal and state funds.

Committee Chairman Rep. James Comer (R-Ky.) has requested a staff-level briefing, documents, and communications related to the project."



The High Speed Rail Authority was first established in 1996 to plan a railway connecting San Francisco and Los Angeles. Costs for the project were originally expected to reach $33 billion, and Californians were told it would be completed by 2020. Voters authorized the rail line in 2008, but to date, the state has not laid any track, and the railway is now expected to cost up to $128 billion.

"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
Click to expand...
More from crap zero by the usual suspect.
 
Gatsby said:
Yup. California has proven themselves incapable of building this train...or building much of anything, really. It's sad because it would have been very beneficial if they weren't incompetent, but it just isn't going to happen. This is why we can't have nice things. Might as well cancel it at this point.
Click to expand...
I don't know enough about the original plan and intent of that plan, to know how beneficial it might have or could have been. In other words, I don't know if the even the plan was a worthwhile or good plan. But the incompetence and waste of money have been beyond astounding.
 
VySky said:
I mean, we are only talking about roughly a ~390% increase over previous estimates of 33 billion. 🤷‍♂️

Now Congress wants to know more.

Its a train track to nowhere at this point.

To be fair, I'm surprised the arm of big oil has political reach into California as that is why our country lacks mass transit efficiencies like other countries.

Japan is a very good example.

It is what it is.

=================================================

California’s beleaguered high-speed rail project is under investigation by the U.S. House Committee on Oversight and Government Reform.



"The probe, launched Aug. 19, will focus on whether project officials knowingly misrepresented the ridership projections and financial viability of the long-delayed and expensive rail line to secure federal and state funds.

Committee Chairman Rep. James Comer (R-Ky.) has requested a staff-level briefing, documents, and communications related to the project."



The High Speed Rail Authority was first established in 1996 to plan a railway connecting San Francisco and Los Angeles. Costs for the project were originally expected to reach $33 billion, and Californians were told it would be completed by 2020. Voters authorized the rail line in 2008, but to date, the state has not laid any track, and the railway is now expected to cost up to $128 billion.

"Time For This Boondoggle To Die" - House Committee Launches Probe Into California's High-Speed Rail | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
Click to expand...

The Big Dig of the West Coast.
 
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