Wednesday, February 01, 2012

Getting Nowhere, Very Fast - Thomas Sowell

> The only reason for even thinking about building a high-speed-rail line between Fresno and Bakersfield is just to get the project underway with federal money, making it politically more difficult to stop the larger project for a similar rail line between San Francisco and Los Angeles.
>> In other words, they are going to start wasting money out in the valley, so that they will be able to waste more money later on, along the coast. This may not make any sense economically, but it can make sense politically for Jerry Brown and Barack Obama.>

Posted via email from The Blue Pelican

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