Town Square

Post a New Topic

Funding questions loom over high-speed rail's new plan

Original post made on Feb 11, 2014

Seeking to comply with a legislative requirement, the agency charged with building California's high-speed-rail system on Monday released an updated business plan that offers upgraded ridership projections, revised construction plans and very few answers on the critical question of how the system will be funded.

Read the full story here Web Link posted Tuesday, February 11, 2014, 10:37 AM

Comments (14)

Like this comment
Posted by WTH
a resident of Monta Loma
on Feb 11, 2014 at 3:01 pm

What the he**, our schools are in disarray, our cities are going bankrupt and our roads are not being maintained the way they should be and here is the Gov. forking barrels and barrels of taxpayer money into this boondongle.

Unbelievable, where is the logic?

Why are not the taxpayers fuming over this?

Like this comment
Posted by Juan Olive
a resident of Old Mountain View
on Feb 11, 2014 at 3:22 pm

They say "The rich get richer and the poor get poorer". Mountain View sadly has so many less fortunate people living right next to some of the wealthiest individuals in the country. Most of the wealthiest are in their 30s and are intelligent and hard working. I don't understand how they don't or won't speak up about this project which most I think would agree, will end up costing them hundreds, if not thousands of their hard earned tax dollars. Which would be better spent on themselves and their families.
All one has to ask themselves is "Who is going to pay for this?" Finding the answer to that one question is all you need.
Good luck because one thing is obvious, not fair, but obvious. Only the working can be taxed to help fund this project.

Like this comment
Posted by Jordan White
a resident of Jackson Park
on Feb 11, 2014 at 4:26 pm

I am sure that in 2029 when the High Speed Rail system is built out, our roads will be gridlocked in car traffic and the rails will provide at least some relief for our commutes here and there plus with cleaner air, we will all breath easier. That is only 15 years away. Let's get on this wild ride and show the rest of the world what progress and teamwork is all about !

Like this comment
Posted by USA
a resident of Old Mountain View
on Feb 11, 2014 at 5:51 pm

USA is a registered user.

"Let's get on this wild ride and show the rest of the world what progress and teamwork is all about"

We are already on the ride: Web Link

Like this comment
Posted by Member
a resident of Cuesta Park
on Feb 11, 2014 at 7:12 pm

I'm sure, if there is a 'wild ride', that it will be only from LA out to the new housing developments in the Central Valley. The in crowd will have bought the land near the stations, and sell it as 'only forty minutes to LA'. That's what move politics in California.

Like this comment
Posted by Member
a resident of Cuesta Park
on Feb 11, 2014 at 7:14 pm

Whoops, that's ...moves politics...

Like this comment
Posted by Jeff
a resident of another community
on Feb 11, 2014 at 8:53 pm

Unfortunately @Member is probably right. When the train lines were first built in California the big four (Huntington, Stanford, Crocker, and Hopkins1) made enough money and at times received enough criticism to be referred to as robber barons rather than railroad barons.

$39B to go from Merced to San Fernando Valley? How many people want to make that trip?

Like this comment
Posted by Rodger
a resident of Sylvan Park
on Feb 13, 2014 at 10:58 am

This project should be stopped before it waists any more of our money. The Courts were correct to stop it since there is no funding plan that makes sense, unless you believe in dreams.

We need to put money into schools at all levels not waste it with fixed train tracks.

If you want to go to LA take an airplane, there are several airlines from San Jose, San Francisco, and Oakland.

Like this comment
Posted by Svsportz
a resident of Willowgate
on Feb 13, 2014 at 2:43 pm

The negative comments are silly. Reality is that many other countries have successful high speed rail systems and have for years. You act as if this is a new invention. Of course we need a high speed rail solution between SF and LA. Get your heads out of the sand and support a solution that's different from getting into your clunker and driving. Or maybe you're only interested in driving to the corner grocery store?

Like this comment
Posted by Juan Olive
a resident of Old Mountain View
on Feb 13, 2014 at 3:13 pm

The negative comments make sense. Again let me reiterate, but in simple terms. Simple math will tell you that we, the public are the ones who will end up funding this project which will end up costing billions. The economy has not recovered from this slow recession and it may or may not. The local news stations yesterday said that according to AAA, gas may go up to 4.00 a gallon for spring and summer. Ouch. But that is nothing compared to what the tax payers will be paying for the next 20 years (Billions) for a project that will need to be fed thru good times and bad. And right now it's bad.
They only need to simply explain how this project will be funded and if there is money to fund it, even I will approve of it.

Like this comment
Posted by tommygee54
a resident of Rex Manor
on Feb 13, 2014 at 5:31 pm

Jordan White and Svsportz have it right on the nose. WE ACTUALLY DO NEED HSR!!!! Look at the gridlock in the LA area, on all the freeways, including 'the five' and 101, the 405, and the other freeways as well. Such near sighted people we have here in the state. The other countries that have HSR, the gridlock is less. So lets get on the bandwagon and stop complaining about our HSR project that needs to move forward.

Like this comment
Posted by Old Ben
a resident of Shoreline West
on Feb 13, 2014 at 11:19 pm

Not one HSR anywhere on Earth pays for itself. They are all government subsidized. Who gains, here?

Like this comment
Posted by MadamPresident
a resident of another community
on Feb 14, 2014 at 11:20 am

Svsportz, a resident of Willowgate is 100% correct

Like this comment
Posted by un_nat
a resident of Cuernavaca
on Feb 16, 2014 at 3:59 pm

Boorah on Gavin Newsom and Congratulations to the California High Speed Rail Authority awarding five contracts for a total $16 million with 1/2 million going to Disabled Veteran Business Enterprises. Not only will this help by creating so many new jobs over the next 4 years, the servicewomen and servicemen deserve this. Let's all join together in helping all those who served our country return to good paying, highly skilled jobs! If you know of other good government or private sector jobs for those who are in need and deserving, please spread the word.

Let's get this thing going Mr. Denham, Mr. Valadao, Mr. Newsom and Mr. Vidal before it is too late and our veterans are out of work. If you're not going to create jobs then restore unemployment benefits! We will fight to the victorius end to keep our jobs for those who served our country regardless of who is elected this November.

Sorry, but further commenting on this topic has been closed.

Burger chain Shake Shack to open in Palo Alto
By Elena Kadvany | 16 comments | 4,687 views

The Cost of Service
By Aldis Petriceks | 1 comment | 1,118 views

Couples: When Wrong Admit It; When Right; Shut Up
By Chandrama Anderson | 0 comments | 585 views