Californias high-speed rail system is at a crossroads. There is still time to redesign the project so it attracts private capital. On its current course, however, not only will nothing useful be built, but the Federal Railroad Administration, which will have to justify its grants at an upcoming congressional hearing, may withdraw its funding rather than have its money wasted. California could lose jobs and its new rail system, argues Stuart Flashman in Los Angeles Times Opinion.
Posted on: Mon, 16 Dec 2013 22:04:57 +0000
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