California's Top Member of Congress Opposes Obama's High-Speed Rail Plan

But watch out, these crooked schemes just self perpetuate, much like Mafia protection rackets.

California's Top Member of Congress Opposes Obama's High-Speed Rail Plan | The Weekly Standard

MAR 8, 2011 • BY FRED BARNES

Rep. Kevin McCarthy says thanks but no thanks.

In California, the high-speed rail system would cost at least $60 billion just to build, then require a subsidy to operate, McCarthy said at a breakfast hosted by the Christian Science Monitor. “You would not invest your own money in it,” he told reporters.

More phoney projections by Obama:

McCarthy said the rail proposal is shaky because there’s no guarantee either that it would ultimately be built or that it would achieve the optimistic goals for ridership set by its proponents. In the Central Valley of California, he said, the rail plan calls for 14 million rider trips annually, compared with only 750,000 rail or plane trips taken there now each year.