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Stock Market Yo-Yo Watch

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lawhawk3/02/2009 11:01:11 am PST

re: #575 Kenneth

Building new railroads might increase productivity, if the new trains were going to move people & goods in ways that help add to wealth creation. The California train boondoggle is designed to facilitate gambling and whoring, neither of which are wealth creating industries.

And where exactly would those trains go? No one wants ‘em in their backyards. NIMBY and environmentalists oppose new transit corridors, etc.