Opinion piece: California's High Speed Rail Project Will Collapse Within Four Years

[mahatmakanejeeves]

Hat tip, Trainorders:

Passenger Trains > Article Claims CAHSR Dead Within 4 Years (or sooner)

Date: 12/17/18 13:45
Article Claims CAHSR Dead Within 4 Years (or sooner)
Author: norm1153

According to this article (this word was changed from "report" ), California High Speed Rail will be dead in four years, or perhaps even two years.

Edited 3 time(s). Last edit at 12/17/18 14:24 by norm1153.

California’s High Speed Rail Project Will Collapse Within Four Years

Brian Wang | December 14, 2018

There is a new report on the cost overruns on the California High-Speed rail project. Those no longer matter. The project will not get any meaningful money to complete any useful part. I predict this project will collapse within four years. I am giving myself a bit of leeway in this prediction. I think it is likely the plug will be pulled on the project within two years. The exact timing depends upon the nature of Gavin Newsom’s and the California’s government’s retreat. Is the illusion of a project maintained in order to gain a position in the legal battles? The project is already a dead man walking.
....

[demosincebirth]

1. I am so glad! That was a money-pit from the start. Brown was a great Governer, but he must have

pulled this idea out of his butt

[DRoseDARs]

2. I'd be a bit leary of using Brian Wang for analysis. Libertarian crank and Chinese cheerleader.

Don't get me wrong, I've been reading his site for years and the stuff he posts is often interesting, but the past year or so he's been getting a bit nuttier. And I'm not even going to bother talking about the comments section. Cesspool of libertarian wankers. The Rah-Rah China! stuff is often obnoxious but whatever, he's a Chinese national I believe. He also comes from the Thomas Friedman School of Geopolitical Analysis too. Still waiting on that Venezuelan coup, Brian. He's been predicting it's just a few months away for several years now.

Still, a broken clock and all that. He at least recognizes the Anthropogenic Climate Change is a real thing and a real problem.