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Bullet Train Has No Business Plan!

He goes so far as to say that high speed rail lacks a "disciplined, genuine business plan"

Mar 17, 2011


Families Protecting The Valley Newsletter Tell Your Friends about Families Protecting The Valley

MARCH 17 2011

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Board of Directors

Denis Prosperi
Chester Andrew
Bob Smittcamp
Russ Waymire
John "Dusty" Giacone
Joe Marchini
Mark Watte
Kole Upton
Piedad Ayala
Tom Barcellos
Jim Walls

Bullet Train Has No Business Plan!

We'd like to make it clear that Families Protecting the Valley has nothing against trains.  None of us ever got hit by a train or had a bad experience.  We'd love to see a train system that made sense.  The problem is that there isn't a day that goes by where we don't see negative stories about the proposed Bullet Train in California.  The latest is a video interview with State Treasurer Bill Lockyer, who is a supporter of the train, but is also the one who has to sell the bonds that the High Speed Rail Initiative authorized.  He is very candid in the interview about the lack of a business plan for the train.  He goes so far as to say that high speed rail lacks a "disciplined, genuine business plan" and "it looks like they don't know what they're doing."  It's difficult to disagree.  You'll need to watch a short commercial prior to his interview. 

State Treasurer Bill Lockyer interview.

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