"They are not bringing their checkbook yet, but they are bringing their ideas, their interest, their commitment to work with us."
Oct 15, 2015
Recent articles on California's high-speed rail private funding show the lack of progress in this area, something HSR officials continue to say are positive. A recent headline 'California Bullet Train project is attracting interest - but not funding' is an accurate portrayal. This doesn't stop the HSR spin machine from their pie-in-the-sky comments.
High-Speed Rail Chief Executive Jeff Morales - "They are not bringing their checkbook yet, but they are bringing their ideas, their interest, their commitment to work with us."
Michael Rossi, a rail board financial expert was more realistic, saying "There is no proposal, there is no commitment to do anything." That's what we thought.
This didn't stop rail board member Tom Richards from saying that the number of responses showed the project was being taken seriously. Seriously? No proposal, no commitment? That's not serious!
Lisa Marie Alley, a spokesperson for the rail authority, said the responses are a "clear signal from the private sector that they want to participate." Yes, they sure do. They want to work on the project and be paid, but they don't want to invest. They are making it clear they just want to belly up to the trough to get some of the bounty, but don't want to take any risks with their own money.
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