Politics

The Federal government is again offering money it does not have to entice a state (Iowa) to spend money that it does not have on something it does not need. The state of Iowa is being asked to provide funds to match federal funding for a so-called "high speed rail" line from Chicago to Iowa City. The new rail line would simply duplicate service that is already available.  read more »

For California’s high-speed rail boosters including their chief cheerleader, U.S. Transportation Secretary Ray LaHood, the month of May must have felt like a month from hell. First came a scathing report by California legislature’s fiscal watchdog, the non-partisan Legislative Analyst’s Office (LAO), questioning the rail authority’s unrealistic cost estimates and its decision to build the first $5.5 billion segment in the sparsely populated Central Valley between Borden and Corcoran.  read more »

On Tuesday, January 25, 2011, the leaders of the Egyptian protest group, April 6 Youth Movement (A6Y), led hundreds of thousands of protesters chanting, “Bread, Freedom, Human Rights” into Cairo’s Tahrir Square. The events that followed completely surprised the economic elites gathering for the annual World Economic Forum meeting in Davos, Switzerland. Few put much stock in the importance of the actions of young people in Egypt until the protests overturned that country’s entrenched power structure in a matter of weeks.  read more »

The Los Angeles Metropolitan Transportation Authority’s cutbacks on its bus line, eliminating about 12% bus service, illuminate the problems of mass transit in LA, specifically the relative inefficiency of trains in the city. This 12% is a further reduction after the 4% cutbacks six months ago, sparking anger from the Bus Riders Union.  read more »

The Vancouver Olympic Village scandal continues to worsen.  During construction, the City of Vancouver was forced to take over financing of the project, as the developer’s initial lender backed out due to cost overruns.  At the end of last August, the developer fell behind its payment schedule, and the City placed the property into receivership in November.  The development has been a spectacular failure, with fewer than half of the 737 units being sold.  read more »

There are only 9 cities in the United States with populations over 1 million. The list includes New York, Los Angeles, San Diego, Philadelphia, Chicago, Phoenix, Houston, San Antonio, and Dallas. With this afternoon’s release of Census 2010 numbers for New York City, the final 2010 data is in.  read more »

What defines the American Dream? A new poll by Big Builder reveals that one answer to this enduring question may be home ownership. A major portion of the American population (59%) believes that they are living the American Dream. Respondents distinguished owning a home as the second most important factor of the American Dream, just behind raising a family.  read more »

The US Department of Transportation has announced a competitive grant program to reallocate funding that was refused by Florida for a proposed high speed rail line from Tampa to Orlando. The line was cancelled by Governor Rick Scott because of the prospect for billions of dollars of unplanned obligations that could have become the responsibility of the state's taxpayers.  read more »

Isn't it curious that an Administration devoted to the principle of multi-modalism is so obsessively determined to promote a single mode of its own preference -- that of high-speed rail? All three governors who rejected the federal HSR grants --- Govs. Walker, Kasich and Scott --- told Sec. LaHood that their states could badly use that money for more urgent needs of fixing roads, bridges and transit systems and, in the case of Gov. Scott, rebuilding Florida's ports in anticipation of the Panama Canal expansion.  read more »

Rahm Emanuel has won Chicago’s Mayoral election. He now must confront Chicago’s massive problems. The Chicago Sun-Times is already grim:  read more »