Wednesday, November 27, 2013

JUST LIKE A GOOD DEMOCRAT TO ACCEPT BILLIONS OF MONEY WITHOUT ANY PLANNING BUT OF COURSE WASTFUL ONCE FOR THEY LIVE TO SPEND AND FEEL GOOD ABOUT IT BUT NEVER SEEING THE CONSEQUENCE–THUS THEY ACCEPT BUILDING FUNDS IN THE BILLIONS EXAMPLE THE FINISHED NUCLEAR REPOSITORY OF NEVADA AS HARRY REID HAS NOW BLOCKED FROM FRUITON BECAUSE HIS A DEMOCRAT EVEN THOUGH IT’S THE LAW LEGISLATED NOT ONCE TWICE BUT THRICE–AND HERE WE ARE THE BULLET TRAIN HAS TAKEN OFF WITHOUT BRAKES WASTING BILLIONS AND NOW TAX PAYERS OF CA WILL NONE THE WISER THAT IS STUCK WITH THE BILL THANKS TO THE POTUS BHO VISION OF WASTEFUL SPENDING

Critics have complained that California's high-speed rail project is shaping up to be the bullet train to nowhere. Now that a judge has thrown the project's future into doubt, San Francisco is left to wonder whether it will be stuck with a $400 million train station connected to nothing.

With or without a high-speed-rail line, officials have said the underground station is going to be built at the new, $2 billion Transbay Terminal at First and Mission streets. All the money is in place, and the station is due to be finished in 2017.

But with Judge Michael Kenny having pulled the emergency brake on high-speed rail Monday in Sacramento County Superior Court, the San Francisco station probably will sit empty for some time.

Here's why: Although the station itself is fully funded, much of the $2.5 billion needed to build the 1.5 miles of track from the Transbay Terminal to the existing rail terminus at Fourth and Townsend streets "still needs to be secured," said Adam Alberti, spokesman for the Transbay Joint Powers Authority.

The financing fallback, should high-speed rail fall apart, has always been turning the Transbay Terminal station into the end point for Caltrain service. However, that turns out to have been an odd fallback, because Caltrain would need high-speed-rail money to make it happen.

Caltrain is banking on $600 million in bullet-train cash to electrify its fleet of diesel trains. The only way Caltrain can run trains through a downtown tunnel is if they are electric.

http://www.sfgate.com/bayarea/matier-ross/article/Bullet-train-snag-could-affect-Transbay-Terminal-5015444.php

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