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Arnold and friends told us the cost of his choo-choo train (High Speed Rail) was going to be $21 billion. Then the day after the bond was voter approved, three things were admitted.
1. They lied about the cost--it would be $45 billion.
2. They lied about the ridership, it would be doubled
3. They lied about local control to assure the choo-choo would go underground so as not to disturb neighborhoods.
In the four years since this measure past not a single dime of private investment has happened. The terms of the bond was that private investors had to match the taxpayers investment.
They lied again.
Now Obama is paying off Arnold for his support of ObamaCare with $715 million for a sure to bankrupt California choo-choo train.
That is how politics works--payoffs with your money.
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1. They lied about the cost--it would be $45 billion.
2. They lied about the ridership, it would be doubled
3. They lied about local control to assure the choo-choo would go underground so as not to disturb neighborhoods.
In the four years since this measure past not a single dime of private investment has happened. The terms of the bond was that private investors had to match the taxpayers investment.
They lied again.
Now Obama is paying off Arnold for his support of ObamaCare with $715 million for a sure to bankrupt California choo-choo train.
That is how politics works--payoffs with your money.
More...