Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (602732)	3/7/2011 3:10:36 PM
From: tejek	Read Replies (1) \| Respond to of 1576108

Ted, > There are so many flights per day between SFO and LAX its ridiculous. Passengers on those flights will be siphoned off by HSR. The trip from SF to LA will take around 2 1/2 hours. The same amount of time it takes to fly between the two cities and get to their downtown areas. I can fly round-trip between those two cities for $160 plus taxes and fees. There's no way in the world that HSR can compete with such low fares like that unless they get huge volumes of passengers. And believe it or not, there isn't THAT much traffic on the I-5 between LA and SF. At least not as much as, say, DC to NY. They will compete and they will steal airline passengers. By the way, almost all HSR projects in all countries receive government subsidies. A quick search on Google turned up the following: forbes.com > Almost all high-speed rail schemes around the world operate at a loss. Even those touted as turning a profit are usually helped with off-balance-sheet government subsidies. Dude, I've read the article.....he never tells you what those subsidies are. Don't you think that's peculiar? Oh wait.......its the ultra conservative Forbes. You would never question is motivation. Acela Express The Acela carried 3.2 million passengers in fiscal year 2010;[1] the busiest Amtrak route is the somewhat slower Northeast Regional, which had 7.1 million riders in 2010[1] due to its lower fares and greater number of stops. The Acela Express is one of the few Amtrak lines to operate at a profit; the two train lines generate more than half of Amtrak's total revenue.[8] In 2010, the Acela Express had a total revenue of $440,119,294, up from $409,251,483 in 2009.[1] en.wikipedia.org