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I need to ask this question to all the thread participants: When each of your refers to the concept of HSR, you all seem to perceive it as a government run passenger service aka Amtrak II. Why is it necessary to emulate the integrated rail concept for HSR? Has anyone but myself visualized a HSR system in which the government (if indeed it has a primary role at all) simply constructs that ROW and then rents it out to whoever shows up with their HSR train? Why should the government also be responsible for marketing and running the trains? And why do most of you want to exclude freight from a potential HSR system? <br /> <br />As for funding, there is a tendency nowadays for both private and public ventures to be backed up by federal loan guarantees. These loan guarantees have the effect of lowering the cost of borrowing from the private loan markets, and unless the project goes belly up, the taxpayers aren't out one dime. Could the first vestiges of a HSR system be constructed this way, maybe include the right of Eminent Domain, without additional need for de facto taxpayer dollars?
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