Here’s a superb SAN DIEGO U-T op-ed on California HSR — especially the “outing” of the generally ignored “private” HSR boondoggle from Victorville to Las Vegas. The piece is authored by my friends at the REASON Foundation.
I had not previously seen this expose’ of the Vegas HSR scheme. Turns out it’s a gigantic taxpayer loan subsidy. More crony capitalism.
Subsidized HSR (there is no other kind) is a pet peeve of mine. One of hundreds, actually. But the madness surrounding HSR moves it easily into the top five.
By Wendell Cox & Adrian T. Moore
Thursday, August 30, 2012
San Diegans are being asked to pay for a couple of costly trains they likely won’t ride very often. State and federal taxpayers are picking up the bill for… Read More