President Obama is pushing high speed rail in his most recent budget. What he, or his lackies in the state-run media, won't tell you is that the high speed rail isn't really high speed at all. At best, it'll only reach 80 mph, and won't be European-style speeds and it will be unable to match the efficiency of our highway system. [PDF of an exhaustive study by Oak Ridge Laboratories]
Video Courtesy of High Speed Boondoggle. Join them on facebook.
Hard on the heels of his speech to the U.S. Chamber of Commerce, in which he jawboned the owners of private businesses to increase hiring in return for federal tax breaks and other subsidies, President Obama has included in his budget request for fiscal year 2012 a proposal to make a $8 billion down payment on a six-year, $53 billion taxpayer-financed “investment” in high-speed rail.
Source: Big Government
Last night, on the John Batchelor Show, the topic was delved into a bit more deeply (along with other California issues), and here is the audio of some of that conversation:
Description of the segment from John's website: