Pending California high speed rail to cost $100 million per mile to build-LA Times

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4/12/12, "California bullet train plan approved by state rail agency," LA Times, by Ralph Vartabedian,

"The blueprint is amended at the last moment to include the goal of service to Orange County. The project now needs the approval of the Legislature."

"It would cost roughly $100 million per mile to build, representing the largest infrastructure project in the nation."...(parag. 12)

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Goldman Sachs is big into high speed rail which might explain why the left is so 'do or die' about it.

Nov. 18, 2011, "What price the new democracy? Goldman Sachs conquers Europe," UK Independent, Stephen Foley

This is The Goldman Sachs Project. Put simply, it is to hug governments close. Every business wants to advance its interests with the regulators that can stymie them and the politicians who can give them a tax break, but this is no mere lobbying effort. Goldman is there to provide advice for governments and to provide financing, to send its people into public service and to dangle lucrative jobs in front of people coming out of government. The Project is to create such a deep exchange of people and ideas and money that it is impossible to tell the difference between the public interest and the Goldman Sachs interest."...



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