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Showing Original Post only (View all)Now Obama Wants To Build A $5 Billion Bullet Train From Las Vegas To Nowhere [View all]
VICTORVILLE, Calif. (AP) -- On a dusty, rock-strewn expanse at the edge of the Mojave Desert, a company linked to Senate Majority Leader Harry Reid wants to build a bullet train that would rocket tourists from the middle of nowhere to the gambling palaces of Las Vegas.
Privately held DesertXpress is on the verge of landing a $4.9 billion loan from the Obama administration to build the 150 mph train, which could be a lifeline for a region devastated by the housing crash or a crap shoot for taxpayers weary of Washington spending.
The vast park-and-ride project hinges on the untested idea that car-loving Californians will drive about 100 miles from the Los Angeles area, pull off busy Interstate 15 and board a train for the final leg to the famous Strip.
Planners imagine that millions of travelers a year will one day flock to a station outside down-on-its-luck Victorville, a small city where shuttered storefronts pock the historic downtown.
Read more: http://www.businessinsider.com/bullet-train-from-las-vegas-to-nowhere-2012-3
It would be less expensive and create more jobs if they opened some casinos in LA.