Posted on 04/14/2009 6:23:44 PM PDT by NormsRevenge
“how many tens of billions will taxpayers subsidize this each year?”
Just look at Amtrak for a good example. Over $30 billion dollars in taxpayer subsidies since 1971 and the route that is the best is only at 47% capacity.
The figure that freaked me out when I saw it was that Amtrak is federally subsidized to the tune of 210 dollars per passenger compared with 6 dollars for commercial airlines.
No need, no demand, nobody wants it, nobody will ride it.
In other words, it’s a perfect “shovel ready” project for the government.
Our Lords & Masters will force us to ride it by raising gasoline taxes to $4/gallon.
A review of the property rolls for the land adjoining the proposed rights-of-way would doubtless prove instructive: case in point, H. Reid & Sons, Inc. and the $8 billion LAX-LAS "bullet train."
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