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February 10, 2012

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"...not because they are easy, but because they are hard..."

LOL! You are so out-of-touch with reality. I love the blanket statement "The facts are on our side". Seriously? Have you read the auditor's report?

Of course you have to "moderate" the comments -- wouldn't want to hear from anyone who disagrees. The "explanation" you gave for the motivation of the opposition in Fresno is proof that you won't listen to reason.

Let's not forget the freight infrastructure, either. There's much room for improvement there, and increasing rail freight capacity will help with Interstate traffic and wear.

Here is how to stop the out of control, CA budget busting $230 Billion Train to Nowhere Boondoggle (i.e. the CAHSRA’s “current” high end estimate in 2012 to build is $117.5 billion, but they have no money to build, so California wants to take out $115 billion in new debt (aka bonds) that are paid back at $2 for every $1 in principal borrowed, so $115 billion is really $230 billion taken from CA’s General Fund, which is the same GF used to pay for K-12 school supplies, parks, roads, levees, bridges, water, senior centers, police/fire, prisons, etc.).

Go to this webpage, click the link to printout the signature page where you list your address and sign, asking that the Legislature kill the project and not release any bonds for this HSR project. See here:http://notrainplease.com/download-signature-form-here/ and an explanation about why the HSR boondoggle must be killed now can be found here: http://notrainplease.com/2012/02/02/what-could-you-buy-for-100000000000/.

Every non-partisan evaluation of the HSR boondoggle has concluded that bonds should not be issued for this out of control train, from the CA State Auditor, the Legislative Analyst, the Controller, the Treasurer, the Inspector General, UC Berkeley, the Transportation Institute, the World Bank, Stanford University, etc. The only ones continuing to push this perpetual taxpayer fleecing slushfund are well connected consultants making millions off the project (or billions), unions who support Democrats in Sacramento/Washington, and ex-politicians who receive golden parachute multi-million dollar “consulting” contracts that violate state ethics rules.

New Statewide Field Poll Dec. 2011 Results here proving that the MAJORITY OF CALIFORNIANS DO NOT WANT ANY KIND OF HIGH SPEED RAIL IN CALIFORNIA – COMPLETELY OPPOSITE OF WHAT GOVERNOR BROWN SAYS – DECEMBER 9, 2011 POLL HERE:

http://latimesblogs.latimes.com/lanow/2011/12/state-voters-would-reject-high-speed-rail-project-poll-shows.html and http://www.mercurynews.com/breaking-news/ci_19484490 and http://dallasmorningviewsblog.dallasnews.com/archives/2011/12/solid-majority.html.

And this new January 14, 2012 Survey USA Poll shows that most Californians want the sale of HSR bonds to be stopped, and most believe the train will never be built:

http://www.surveyusa.com/client/PollReport_main.aspx?g=a6de7d0b-533c-4fb0-bfea-6fbd5ec746edand here: http://www.probolskyresearch.com/california-voters-on-state-spending-and-high-speed-rail/ans http://www.probolskyresearch.com/wp-content/uploads/2011/09/Probolsky-Research-State-Spending-and-High-Speed-Rail-Results-Memorandum2.pdf.


http://notrainplease.com/download-signature-form-here/http://notrainplease.com/download-signature-form-here/
http://notrainplease.com/2012/02/02/what-could-you-buy-for-100000000000/

High-Speed Rail Cost $22 trillion?
By John Seiler:

The new business plan from the California High-Speed Rail Authority estimates the cost now will be $98.5 billion (edit: it's actually estimated at $117.5 for the "high end" of the range by CAHSRA, but let's not quibble about $20 billion, that's chump change compared to real cost by the time the Democratic-Union-Consultant money slushfund is turned off.) That’s up from $40 billion advertised in Proposition1A, which misled voters passed just three years ago, in November 2008. The cost estimate is good through 2033, the expected completion of the project.
That’s a 150 percent increase in just three years.

So, let’s project that increase out to 2033, with 150 percent increases every three years:

2008: $40 billion cost.
2011: $100 billion.
2014: $243billion
2017: $497 billion.
2020: $1.47 trillion.
2023: $3.62 trillion.
2029: $8.92 trillion.
2032: $21.96 trillion.

So, the total cost could be 255 times the $86 billion current budget of California for fiscal 2011-12.
That would be 13 times the entire current $1.6 trillion GDP of California.


Sorry, but we're broke here in CA. Don't you recall just a few months ago that Gov. Brown was trying to pay for the CA $28 Billion dollar (not Million, Billion) deficit by asking state taxpayers to raise taxes on themselves, and in this recession, where CA has almost 13% unemployment. Remember the "automatic budget trigger cuts" about to be enacted by Controller Chiang because CA pulled a bait and switch and "overprojected" phatom revenue of $4 billion coming into CA coffers? Don't you realize that those automatic trigger cuts will cut 7 school days from all K-12 education in California, which will only lead to even worse educational attainment, scoring, results - to which CA already ranks almost dead last.

What part of "broke" don't Sacramento Democrats get? Yes, we all want something like that shiny brand new car, or that $2 million house with a pool, or that $5000 suit that fits just nice - BUT, if you can barely make the minimum monthly payments on your credit cards, is it really a prudent thing to say "to hell with it" and take out that new loan?

Look, CAHSRA's recent biz plan "currently"estimates cost to build between $98.5 - $117 Billion, just for SF-LA. In 11/08, they told voters it would be only $33 Billion for SF-LA including SD & Sac. But, as of 11/22/11, CA only has $3 billion from feds, with ABSOLUTLEY NO PRIVATE INVESTMENT. Where is the other $114 Billion coming from?

High speed rail is such a practical and efficient way to get us around this country. It would be wonderful to see other states follow California's lead,

You know when people like LaHood need to put words in your mouth and make stuff up and quote support only from those that stand to make money off it, that the project is no good! What a bunch of BS! Way to ignore the actual proposition that stipulates no further subsidy and fiscal responsibility with the full capitalization identified before starting. That is what people voted for, not ram it down our throats no matter what even if we only have 6% of the funds identified.

It's shameful to promote this train to Nowhere.
It will be in the middle of a big low population valley, while we crowded urban areas do without.
Nonsense.

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