Why would anybody invest in something that still needs 50+ billion dollars and a lot of drilling to be operational. Would the Japanese, French or anybody else for that matter have created successful systems if the government hadn't first put down a backbone. In any major endeavor private enterprise needs the cost and risk to be within reason. Would Musk and Bezos be investing in Space travel if the government (NASA) hadn't laid down a foundation. Would Apple be around if the government hadn't created Bell Labs. Would Grand Coulee dam ever have been built if we had waited for private investors. You get my point.



Bill Wrote:
-------------------------------------------------------
> "The redirection of funds would expose the lie of
> the if-we-build-it-they-will-come strategy.
> Indeed, more than a decade after voters blessed
> nearly $10 billion in bonds, not a single investor
> has stepped forward to participate."
>
>
> [www.mercurynews.com]
> alifornia-leaders-abandoning-futile-bullet-train-p
> lans/