Burst Updates, May 2012: “Gov Moonbeam continues to work out the loan details for construction of the high speed rail to Vegas which starts an hour and a half outside of LA. Obama yearns for the infrastructure jobs. Companies are driving to Texas to escape California’s bad dreams.”
Sac Bee: “The Brown administration is preparing a proposal to limit environmental challenges to California’s high-speed rail project, heightening legal standards under which a court could block construction. The proposal could shield the $68 billion project from court-ordered injunctions that might otherwise be issued under the California Environmental Quality Act.”
The new green highway is in addition to the existing track record. Today 80% of these green energy loans, taxpayer funded, have been provided to Obama donors. We are aware of 19 of those companies having bankrupted. Can you say state insolvency?