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Original post made
on Sep 23, 2010
I believe the bond amount is $9.95 Billion, not million.
If it's $9.95 million then it's SEVERELY underfunded.
If it's ten cents, it's ten cents wasted.
Thanks for the catch -- it is $9.95 billion, not million.
We can see this Menlo Park resident use different excuses to find fault with the High Speed Rail Authority.
Well, I'm not worried about $9.95 Billion. Not a single inch of high speed rail track will be laid.
Look at Bart to San Jose as a (non)example, or Bart to Oakland Airport for $480 million to go a few miles.
What I'm interested in is how the election was stolen. When I went to bed, the bond was losing with 80% percent reporting. When I woke up, the money was gone. And bonds couldn't be a worse way to fund a project.
Wrong the HSR bond was never loosing by 8o percent..unless they only had counted Atherton vote!! If the economy had not tanked it would have passed by an even larger margin..!! people that voted NO cant get that thru there head HSR is wanted!!
HSR is only wanted by the tax parasites who derive their incomes from it.
At least, residents in Menlo Park are speaking up a little more than here. Forget about the 9.95B bond; this thing is going to cost $43.6B if we believe HSRA, and $100B or more (mostly of OUR money) if we believe actual experts.
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