California high-speed rail fiasco has funding problems
- Post 04 January 2012
SAN FRANCISCO (Reuters) - California's effort to build a massive high-speed rail network suffered another setback on Tuesday when a peer review group charged with evaluating the project recommended lawmakers put it on hold. Specifically, the group said the state should not move ahead with the sale of the nearly $3 billion in bonds to finance initial construction with the first tranche of $10 billion in state-backed high-speed rail bonds authorized by voters in 2008. ... Read Full Article
"Question all which is 'taught,' dig deeper, think clearly, respond profusely. Conformity is the antithesis of free thought and self-determination." -- Standard Pearls