Quote:
Originally Posted by cscmc1
I can appreciate your position, and understand it well. I just don't think it will pay off here in the US, particularly when we've already taken on a massive debt, to shell out the massive amount of money to get the ball rolling. The term "boondoggle" comes to mind. I see very little return on investment, more probability of a further-devalued dollar, and a system that will do little (if anything), for folks like me in small towns in America.
This might be the future of transportation, but now's not the right time.
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The question is whether it will become another Fannie May or Freddie Mac or Social Security. Have you figured out what the cost becomes later on? Fannie was created and then Freddie had to be created. Both spun off and now on the bailout list. SS money has been robbed for all sorts of purposes. Pools of money are "borrowed from" because they want to keep tossing out goodies and not have to trim expenses. Why is it those sort of expenses are never used in the calculation? Instead, we get rosy predictions of how good it will be.