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Thread: Fed to invest $13 billion in nationwide high-speed rail project

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by BulletWounD View Post
    Close. $346 if you were to leave the day after tomorrow on the cheapest ariline (Southwest)...

    I think it would be cheaper, especially in lieu of rising oil prices.
    Oh?

    The train's gonna beat the six hour flight time?

    How?

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by Scarecrow Akhbar View Post
    If the choo choo doesn't go to Billings, and I can't see why it would, it doesn't get any benefit from the choo choo.

    But it still gets the tax bite.

    Now, that's wrong.
    That's overly simplistic. Billings would benefit indirectly through overall cost savings in logistics which would benefit our manufacturing and shipping industries (including the shipping of mail). And the network can be expanded...

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by Scarecrow Akhbar View Post
    Oh?

    The train's gonna beat the six hour flight time?

    How?
    No, but if you can make it cheaper than flying and faster than driving (and potentially cheaper than driving as well) then you have a potential market.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by BulletWounD View Post
    That's overly simplistic. Billings would benefit indirectly through overall cost savings in logistics which would benefit our manufacturing and shipping industries (including the shipping of mail). And the network can be expanded...
    That's just a heap of happy horse**** there, with undigested grass seeds and everything. Gonna show some studies to back it up?

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by BulletWounD View Post
    No, but if you can make it cheaper than flying and faster than driving (and potentially cheaper than driving as well) then you have a potential market.
    Will the potential of that market be enough to amortize the investment and interest fees as well as operating costs?

    If the government has to run it as a permanent subsidy, it absolutely should not be done. Amtrak has been a financial disaster and billions could be saved from the federal budget annually by making Joe Biden pay the full price for his commutes back to Delaware, as well as all the other Amtrak passengers.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by BulletWounD View Post
    Sure it does, in fact it's constitutional and in line with the Federal Government's proper function, interstate affairs. I think the people of Montana would see tangential benefits in the form of a more competitive economy (see my previous posts).
    Note carefully:

    I never said it wasn't constitutional. I'd place it under the authorization for "post roads" not the interstate commerce clause, but that's pointless quibbling.

    I'm saying the government shouldn't do it because it's a bad idea.

    It's a bad idea because its never going to run at a profit and will become a permanent drain on the taxpayer.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by RightinNYC View Post
    Fed to invest $13 billion in nationwide high-speed rail project - Business First of Columbus:



    Horrible, horrible, horrible idea.

    Before the government spends $13 billion on new railroads, how about they first demonstrate that they can run Amtrak efficiently?
    At last socialized rail service.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by Scarecrow Akhbar View Post
    That's just a heap of happy horse**** there, with undigested grass seeds and everything. Gonna show some studies to back it up?
    I'm not sure of any high-speed rail lines that are used for logistics. Do you know of any? I do think that my argument is reasonable, though.

    Quote Originally Posted by BulletWounD View Post
    Ah yes, but what about the operators who operate within the realm of logistics and shipping? They're still out there turning a profit although the industry is suffering due to the benefits of air transportation (reduced overhead). If we could create an alternative that's cheaper, not dependent on oil, and offers the lower overhead of rapid air-based transportation, then there could be substantial cost savings in the long term as well as reduced dependence on foreign oil.

    And I'm not going to rule out the idea that civil transportation on the high speed rails wouldn't be profitable either. It could be, especially as we get closer to "peak oil" (are we there yet?) and consumers start to see a substantial cost savings.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    Quote Originally Posted by Scarecrow Akhbar View Post
    Will the potential of that market be enough to amortize the investment and interest fees as well as operating costs?
    It should, in my opinion. The transcontinental railroad is lauded as a major driving force in early US industry.

    If the government has to run it as a permanent subsidy, it absolutely should not be done.
    I agree. I'd like to see a cost/benefit analysis to see Obama's justification for this system but it should work, in my opinion.

    Amtrak has been a financial disaster and billions could be saved from the federal budget annually by making Joe Biden pay the full price for his commutes back to Delaware, as well as all the other Amtrak passengers.
    I definitely agree. Amtrak needs to roll over and die already.
    Last edited by BulletWounD; 04-16-09 at 10:11 PM.

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    Re: Fed to invest $13 billion in nationwide high-speed rail project

    The more I think/read about this the less enthusiastic I am about it. It seems all the high speed rail systems in other countries are either failed or heavily subsidized and if you factor in the geography of America it makes even less sense. I'll remain cautiously optimistic, for now.

    I was looking up the corridors and I saw they connected my state to another state I frequent BUT it was to a city 45 minutes away from the city I visit. That city has an airport. That alone would be enough to dissuade me from taking the rail line.

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