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: i-node who wrote (700881)	2/25/2013 12:08:30 PM
From: FJB	Read Replies (1) \| Respond to of 1577465

California has a half-$trillion gap in pension funding according to the NY Times. How can they spend $69 billion on a train to nowhere... Analysis of California Pensions Finds Half-Trillion-Dollar Gap By MARY WILLIAMS WALSHPublished: April 6, 2010 An independent analysis of California’s three big pension funds has found a hidden shortfall of more than half a trillion dollars, several times the amount reported by the funds and more than six times the value of the state’s outstanding bonds. nytimes.com

To: i-node who wrote (700881)	3/2/2013 1:55:10 PM
From: tejek	Read Replies (1) \| Respond to of 1577465

>> $69 billion budget and actually be completed. So, can you explain how in hell you expect a project like this to EVER return its investment? Or do you just not acknowledge that there needs to be some reasonable value received by the taxpayer for a project like this? The traffic corridor between LA and SF is one of the most heavily traveled. There are nearly 40 million people in the state. I-5 is bumper to bumper along many stretches of the freeway between the two cities. The need for more travel options is great. That's the return. You people are some of the slowest, most reactive people on the planet.........you shouldn't concern yourself with matters that are above your pay grade. Would you have supported the Big Dig if there were going to be 100 drivers a day after it was completed? No.