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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (6789)2/16/2011 1:05:38 PM
From: The Reaper3 Recommendations  Read Replies (1) | Respond to of 119361
 
After reading the details of the federal offer, I will be shocked if any state accepts the funding except California. Any cost overruns are to be funded by the state? You know there's going to be cost overruns. We've seen the administration's abilities with math problems, just look at the proposed budget. There's no way these buildouts come in on budget, especially with the "non-existent" inflation that we are experiencing. California will accept it because our state government is stupid.



To: Les H who wrote (6789)2/16/2011 3:01:14 PM
From: Travis_Bickle3 Recommendations  Read Replies (2) | Respond to of 119361
 
Re high speed rail in Florida, I have always been against it. It would work if there was good local mass transit at the destination point but otherwise it would be destined to lose enormous amounts of money.

And there is no good local mass transit in Florida.

Anywhere.

Two billion is a drop in the bucket compared to what the state would end up spending.



To: Les H who wrote (6789)2/16/2011 4:22:40 PM
From: Les H2 Recommendations  Read Replies (1) | Respond to of 119361
 
St. Louis Fed and Cleveland Fed Aren't Pulling Any Punches about the Inflation in the System

economicpolicyjournal.com