Investors may not back California bullet train until after it’s running, agency says – latimes.com

Investors may not back bullet train until after it’s running, agency says – latimes.com.

Given the near impossibility of planning, building and operating (although I suppose we will never actually know about the latter because not one mile of true HSR will ever be constructed in the U. S.) it seems reasonable to hold off till the thing is up and running to make direct investment.

Besides, American corporate thinking demands instant gratification. No thinking beyond this quarters dividend allowed.

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Filed under: Passenger Rail Transportatio Policy, Regional USA Passenger Rail, United States High Speed Rail

Canadian HSR report to be made public

MEDIA ALERT – High Speed Rail Canada to Release Ontario-Quebec High
Speed Rail Study
On Monday October 17th, High Speed Rail Canada will release the
Ecotrains Consulting, January 2011 Federal/Ontario/Quebec Government
Updated High Speed Rail Study for the Ontario-Quebec Corridor. It will
be available on their website as a free download.

Paul Langan, Founder of High Speed Rail Canada states, “The public paid
for it it and the government has no right to keep the public from
seeing it”.

Filed under: International High Speed Rail, Passenger Rail Politics

Transportation spending up for a vote in Congress

October 14, 2011

Dear Passenger Train Advocate:

The Senate expects to vote on the FY 2012 THUD spending bill during the
week of October 17. At that time Senators will have the opportunity to
offer amendments that may adversely impact Amtrak and/or the HSIPR
program. *We may see amendments to reduce these numbers, to include
House language forbidding Amtrak to use any of its funds to support
short-distance corridors, or to micromanage Amtrak in other ways*.

We will let you know if there are any adverse amendments filed. In the
meantime, please ask your senators to work hard to protect the Amtrak
and <a href=". “>high speed rail numbers In the current environment, these are the likely the best numbers possible.

The Congressional HSIPR Caucus is currently circulating a letter to the
Chairmen and Ranking Members of the House and Senate Appropriations
Subcommittee on Transportation and Housing & Urban Development *urging
them to support a funding level of $1.48 billion for Amtrak and the $100
million for high-speed and intercity passenger rail (HSIPR) for FY 12.*
Take a minute and contact your Congressmen to ask them to <a href="”>cosign the
letter.

Thank you for your work,

Ross B. Capon
President & CEO
NARP

Filed under: Amtrak, Passenger Rail Politics