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| Re: Check the Dates (was:Re: CALTRAIN Prepares for Electrification) (918651) | |||
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Re: Check the Dates (was:Re: CALTRAIN Prepares for Electrification) |
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Posted by WillD on Tue Mar 30 15:57:04 2010, in response to Check the Dates, posted by BarnYard on Tue Mar 30 15:41:50 2010. This has been seriously discussed by Caltrain for nearly the past 20 years. In 1992 they had Morrison Knudson do a study on the potential electrification of the corridor between San Francisco, San Jose, and Gilroy. It is no April fools joke.It is interesting that there is this insistence that California is broke. The money is there, backed by the largest economy of any state in the country. Just because at the moment the pre-teabaggers have succeeded in keeping the state from raising the revenue to adequately pay for the subsidies the teabaggers consume does not mean that problem will persist. In any event the state's portion of the project, the 10 billion dollar bond, has already passed and is just awaiting matching federal and private funds before it is disbursed. If California's credit rating were to go into the toilet tomorrow (which, for all the propaganda to the contrary, it won't) the CAHSR project would form the single best effort at economic recovery they could get. Across the state thousands of contractors could be involved in building a project receiving a large amount of federal funding and funds from bonds created before that hypothetical collapse. |
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