DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Trump Cancels $929 Million for California’s High-Speed Rail Quagmire

18th May 2019

Read it.

The Trump administration has officially pulled a $929 million federal grant to the California High-Speed Rail Authority after terminating a 2010 agreement.

In a release, the Federal Railroad Association – a component of the US Department of Transportation – said that California’s rail authority “repeatedly failed to comply with the terms of the FY10 agreement and has failed to make reasonable progress on the project. Additionally, California has abandoned its original vision of a high-speed passenger rail service connecting San Francisco and Los Angeles, which was essential to its applications for FRA grant funding,” according to CNBC.

The FRA added that it “continues to consider all options regarding the return of $2.5 billion in American Recovery and Reinvestment Act funds awarded to CHSRA.”

Since Governor Newsome has already said they won’t complete the project, but will continue work so that they can get the Federal money, this is a no-brainer … which, of course, doesn’t mean that California public officials won’t whine about it.

Larry Ellison apparently agrees with me:

“Trains leave when you don’t want to leave, from a place you don’t want to leave from, and take you to a place you don’t want to go to, at a time you don’t want to get there, and then you have to get into a car and go wherever you’re going. It is a crazy system.”

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