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Obama to call for $53B for high-speed rail
SFGate,com ^ | 2/8/11 | Julie Pace - AP

Posted on 02/08/2011 8:58:44 AM PST by NormsRevenge

President Barack Obama is calling for a six-year, $53 billion investment in high-speed rail, as he seeks to use infrastructure spending to jumpstart job creation.

An initial $8 billion investment will be part of the budget plan Obama is set to release Monday. If Congress approves the plan, the money would go toward developing or improving trains that travel up to 250 miles per hour, and connecting existing rail lines to new projects. The White House wouldn't say where the money for the rest of the program would come from, though it's likely Obama would seek funding in future budgets or transportation bills.

(Excerpt) Read more at sfgate.com ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Government; Politics/Elections
KEYWORDS: highspeedrail; jobs; obama
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A chunk of change like that will put a lot of foreign workers to work.
1 posted on 02/08/2011 8:58:45 AM PST by NormsRevenge
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To: NormsRevenge

F’gettabout it.


2 posted on 02/08/2011 8:59:31 AM PST by Eric in the Ozarks (Go Hawks !)
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To: NormsRevenge

...for unions at union wages. *sigh* -— why is “high-speed rail” the dead horse that liberals always beat??


3 posted on 02/08/2011 9:00:21 AM PST by alancarp
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To: NormsRevenge

and buy a lot of union thugs.

“dig faster”, huh buma.


4 posted on 02/08/2011 9:00:21 AM PST by Christian Engineer Mass (25ish Cambridge, MA grad student. Any potential conservative Christian FReepmail-FRiends out there?)
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You want to jumpstart job creation, Obammy?

Resign.

Take your entire administration and progre$$ively-stacked expensive agenda just leave.


5 posted on 02/08/2011 9:00:35 AM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

This SOB is totally insane. High speed rail to nowhere. No thanks Obozo, you idiot.


6 posted on 02/08/2011 9:01:04 AM PST by dforest
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To: NormsRevenge
Yeah, lot of Chinese railroad designers will be glad to take our money.
7 posted on 02/08/2011 9:01:04 AM PST by hinckley buzzard
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To: NormsRevenge
Ya' know, one might be "with it" if you thought that the Feds could make the money back with profit.

But then you realize that if it were a profitable venture then some private sector company or consortium would be ready to do it.

But no, we have yet another "investment" that won't pay off. In these times of astronomical deficits, the Marxist Messiah still doesn't freakin' get it.

8 posted on 02/08/2011 9:02:00 AM PST by Lysandru
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To: NormsRevenge

Good chance for a ‘Hell No’ moment.


9 posted on 02/08/2011 9:02:41 AM PST by Colonel_Flagg ("It's hard to take the president seriously." - Jim DeMint)
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To: NormsRevenge

If high-speec rail were a viable option, Norfolk & Southern railroad would already be doing it.


10 posted on 02/08/2011 9:03:21 AM PST by meyer (We will not sit down and shut up.)
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To: NormsRevenge
In the wake of the failure of porkulus in which Obama squandered $1 trillion and the Fed squandered well more than a trillion or so, the Obama plan for reigniting the economy consists of choo-choos and windmills.


11 posted on 02/08/2011 9:03:39 AM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: NormsRevenge
If Congress approves the plan,...

Ain't gonna happen.

12 posted on 02/08/2011 9:03:54 AM PST by Palmetto Patriot (Just exactly when is the next Election?)
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To: NormsRevenge

Dear Dumbass,

We’re broke.

Sincerely,
The People


13 posted on 02/08/2011 9:04:28 AM PST by Psycho_Bunny (Hail To The Fail-In-Chief)
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To: indylindy

High speed rail is electric....Where are we going to get all this electric to run this?? Just another payoff to GE..


14 posted on 02/08/2011 9:05:07 AM PST by Sacajaweau
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To: NormsRevenge
the money would go toward developing or improving trains that travel up to 250 miles per hour, and connecting existing rail lines to new projects.

They won't be going that fast on existing lines and there would be minimal stops if they did.
15 posted on 02/08/2011 9:05:09 AM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: NormsRevenge

yay- let’s reward union workers with even more work building high speed raisl so that the unemployed and recent homeless folks can speed back and forth from town to town- what a fricken brilliant idea-

53 billion huh? that could save an awful lot of folks from becoming homelss after they’ve lsot their jobs due to crappy presidential management of the economy- but nope- the $$ apparently is goign to line more union worker’s pockets


16 posted on 02/08/2011 9:06:28 AM PST by CottShop (Scientific belief does not constitute scientific evidence, nor does it convey scientific knowledge)
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To: meyer

speec = speed!


17 posted on 02/08/2011 9:06:34 AM PST by meyer (We will not sit down and shut up.)
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To: NormsRevenge

He is out of his ever lovin’ mind!


18 posted on 02/08/2011 9:06:41 AM PST by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: NormsRevenge

-—Obama to call for 53B high-speed rail...-—

And Americans are calling for OSlammy to stick it where the sun don’t shine.


19 posted on 02/08/2011 9:07:59 AM PST by MichaelCorleone (Sarah Palin is America's Margaret Thatcher)
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To: NormsRevenge
I think that if we could get foreigners or domestic nitwits to finance such an obvious waste of their capital it would be just cheeky.
20 posted on 02/08/2011 9:09:02 AM PST by mmercier (secret destroyers)
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To: Sacajaweau

You would think this stupid piece of crap would quit spending.

You know that he only is for something that will line the pockets of his fellow communists off the backs of taxpayers.

That is all that Obama is about.


21 posted on 02/08/2011 9:09:49 AM PST by dforest
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To: NormsRevenge

53 Billion for Hi-Speed Rail? If the past is any indication of the future(and it usually is), this will likely ballon to 2 or 3 times that before it’s finished. A la the “Big Dig” project in Boston.


22 posted on 02/08/2011 9:10:24 AM PST by D_Idaho ("For we wrestle not against flesh and blood...")
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To: NormsRevenge

Make the deficit $1.5 trillion + $53 billion.

It would cost at least 100X as much to rebuild new tracks for trains such as this. It’s not the trains, it’s the tracks stupid.

A local talker also likes to point out, these things wear out after 20-30 years. So you set yourself up to spend this every 20 years or so. Not to mention the enormous operating costs.


23 posted on 02/08/2011 9:10:39 AM PST by DManA
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To: NormsRevenge

Didn’t one of the Obama stimulus bills have billions already going to high speed rail? Is this like the banks? Each stimulus gives them billions on top of billions and the banks sit on it and jack up their fees to screw us even more? Are we paying for this 10 times and some of the money is going to Obama’s muslim brotherhood or the promotion of Islam food in school cafeteria’s, or Obama 2012 campaign?


24 posted on 02/08/2011 9:11:37 AM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: NormsRevenge

How about building fifty nuclear power stations?

How about building a fifty offshore platforms?

How about building that pipeline from Alaska and the new pipeline from Canada to the Gulf of Mexico?

Now, that will jumpstart this economy. And you can do it with private money.


25 posted on 02/08/2011 9:12:35 AM PST by marron
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To: NormsRevenge

I don’t want to see the federal govt funding infrastructure but at least its a step up from ‘stimulus’ programs that pay people to sit on their assets and produce nothing.


26 posted on 02/08/2011 9:13:01 AM PST by posterchild (Endowed by my Creator with certain unalienable rights.)
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To: D_Idaho

The moron seems to think that there’s a magic unicorn out there that pees Koolaid and farts rainbows and poops $1000 bills in unlimited amounts.

Hey Obozo, we’re broke! Where do you think you can scrounge up 53b from? The couch cushions are empty.


27 posted on 02/08/2011 9:13:13 AM PST by LizardQueen (The world is not out to get you, except in the sense that the world is out to get everyone.)
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To: alancarp

why is “high-speed rail” the dead horse that liberals always beat??

there might have been at least one hint viewable during the Egyptian demonstrations.

did you notice that in addition to communications that were being used by the protesters being shut down, mass transit getting protesters to the protest sites were also shut down?

control of the masses..........


28 posted on 02/08/2011 9:13:55 AM PST by mreerm
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To: NormsRevenge

Well, I’m ‘calling’ for a lot of things over the next six years too. However, I’m only going to get them...IF I CAN AFFORD THEM.


29 posted on 02/08/2011 9:14:24 AM PST by SelmaLee
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To: NormsRevenge

NO.


30 posted on 02/08/2011 9:14:44 AM PST by SE Mom (Proud mom of an Iraq war combat vet)
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To: NormsRevenge
The so-called high-speed rail could never become a reality in the United States, because we cannot isolate the rail line from people like they can in communist nations where they just seize land from people, towns, cities, counties and states over all their cries and objections. It will only result in a rail that “could” go high speed, but never will be allowed to.
31 posted on 02/08/2011 9:14:44 AM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: NormsRevenge

Right, an “Investment” in Socialism like AMTRACK. Plus a whole new Government division to handle the gross waste.

Exciting stuff here.......


32 posted on 02/08/2011 9:14:57 AM PST by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
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To: NormsRevenge

They can barely keep aircraft safe from Muzzie scum today. And that’s only at the start and end points of the journey, aka airports. Muzzie scum will have a murderers field day with HSR because the target is accessible the entire route.

Oh wait, our Muzzie scum occupier of the White House wants this. Naturally.


33 posted on 02/08/2011 9:15:06 AM PST by MarineBrat (Better dead than red!)
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To: NormsRevenge
Building yet another bridge to nowhere...


34 posted on 02/08/2011 9:17:22 AM PST by GalaxieFiveHundred
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To: NormsRevenge

How about some tractor factories and hydroelectric damns.

Work them into the Five Year Plan after the transitional New Economic Policy.
What a retread.


35 posted on 02/08/2011 9:18:39 AM PST by Psalm 144 (Voodoo Republicans - Don't read their lips. Watch their hands.)
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To: NormsRevenge

If this congress budgets even one dollar for this, they are out of their minds. I’m pretty sure this is dead-on-arrival.

This is just him setting up an issue to run on in 2012. And let him, I say. If he wants to run on the fact that we wouldn’t give him $50 billion to build a train, when we already gave him a trillion that was supposed to have been for exactly this, and he still didn’t get it done, hey, we can have that debate.


36 posted on 02/08/2011 9:22:22 AM PST by marron
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To: NormsRevenge

I like the idea of a high speed rail system but the government screws up everything like this that it touches. Why can’t someone like Bill Gates or Warren Buffett pay for it. If someone that has had demonstrated business accomplishments were to take this on, it might actually have a possibility of success. If the government does it, we’re just talking about another boondoggle designed to pay off political cronies.


37 posted on 02/08/2011 9:27:45 AM PST by farmguy
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To: NormsRevenge

38 posted on 02/08/2011 9:30:16 AM PST by Newton ('No arsenal is so formidable as the will and moral courage of free men and women.' -Ronald Reagan)
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To: jacknhoo

There are other reasons such as cost to condemn high speed rail but taking land by eminent domain is not one of them.

How do you think the land for interstate highways are obtained in this country?


39 posted on 02/08/2011 9:31:13 AM PST by outpostinmass2
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To: hinckley buzzard

Our children will be on the hook to China for providing busy work for union members....who will cost three times as much as they should.


40 posted on 02/08/2011 9:31:53 AM PST by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: NormsRevenge

Nuclear power plants, desalination plants...maybe? Gee lets not use common sense.


41 posted on 02/08/2011 9:31:54 AM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: NormsRevenge

But, but wait, Charles Krauthammer assured me that Obama is the comeback kid, getting things done, moving to the center.


42 posted on 02/08/2011 9:33:40 AM PST by FlipWilson
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To: NormsRevenge

Look for the real reason they want to increase the rails - make it possible to limit/deny the right to purchase/own evil, polluting, freedom-giving cars.


43 posted on 02/08/2011 9:34:31 AM PST by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: NormsRevenge

There was an article recently on here that discussed the failure of the Chinese development of high speed rail. That it will never recover the expense. Wonder if the meeting the Chinese president and the recent developments with GE have anything to do with this decision? Will we fund a bailout for Chinese rail? 53 Billion is a drop in the bucket for a real national high speed system. It cost 2 billion just to run a light rail 17 miles through Houston and those were 2004 dollars.

A major scandal in the making?

The eight ball says “with all probability”.


44 posted on 02/08/2011 9:35:25 AM PST by 12 Year Lurker
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To: outpostinmass2

How’s that high speed rail you have in Massachusetts, workin’ out for ya! LOL!


45 posted on 02/08/2011 9:36:17 AM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: NormsRevenge

Hey Zero how about zero?


46 posted on 02/08/2011 9:37:44 AM PST by DarthVader (That which supports Barack Hussein Obama must be sterilized and there are NO exceptions!)
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To: NormsRevenge

Hey Zero how about zero?


47 posted on 02/08/2011 9:38:09 AM PST by DarthVader (That which supports Barack Hussein Obama must be sterilized and there are NO exceptions!)
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To: FlipWilson
I have never heard Krauthammer say Obama is moving to the center...what I have heard him say is Obama is only putting on the “appearance” of moving to the center and not truly doing so.
48 posted on 02/08/2011 9:39:35 AM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: NormsRevenge

[An initial $8 billion investment ]

Investment? Hooohahaha


49 posted on 02/08/2011 9:40:28 AM PST by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: outpostinmass2
Obama cannot confiscate all that land and isn't even planning to....hence, the RAIL WILL NOT BE HIGH SPEED!

High-speed rail in East? Not so fast.

(Everybody will be subsidizing a few wealthy elite, not be energy efficient, be extremely more expensive than ANY other form of transportation)

http://voices.washingtonpost.com/dr-gridlock/2010/10/high-speed_rail_in_ne_not_so_f.html

And:

http://www.cato.org/dailypodcast/podcast-archive.php?podcast_id=852

50 posted on 02/08/2011 9:53:03 AM PST by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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