Another High Speed Rail Plan
The San Diego Union- Tribune reports on yet another high speed rail plan not unlike the HSR "Train to Nowhere" the state legislature recently approved funding for. This one is supposedly being privately funded, but they want the loan backed by taxpayer money. If the project fails, taxpayers pay off the loan.
A high speed rail line from Victorville to Las Vegas doesn't sound like much of a money maker to me. I'd normally tell them to have at it except, when it fails, taxpayers are responsible.
Makes me wonder if some of the folks that ask for these loans just want to line their own pockets and simply default- at taxpayer expense- when time comes to pay the bill?