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[quote user="henry6"] Bucyrus, you know nothing has been done re: HSR so it is entirely possible that somebody along the way will have it or part of it done by private industry with government insured loans if not government loans period.  Look at today's gaspipeline story in Trains newswire. And that $8 billion downpayment is exactly why I fear China, it's power and influence on us now and for the future and fear making that indebtedness...financial and othewise...larger. [/quote] I agree with your fear of China holding too much U.S. debt, but I also fear just the prospect of too much U.S. debt period, no matter who holds it. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> So far, I have not heard any mention of the consideration of our national HSR being funded by private investment.  You mentioned government-backed loans to private developers, but that still has all the attributes of a publicly financed project.  I just don’t think that the majority of proposed HSR has the money-making potential to attract private investment.  It is not being promoted in a way that suggests it will make more money than it costs.  It is being promoted as simply a public good. <o:p></o:p> While we have talked about my objection to unfair distribution of HSR costs to those who will not use it, that is the least of my concerns.  So just to be clear, here are the four reasons I oppose national HSR in order from least concern to highest concern. <o:p></o:p> <o:p></o:p> 1)      The unfairness of the personal disparity between users and the payers. <o:p></o:p> 2)      The overall disparity between total cost of HSR and its total usefulness. <o:p></o:p> 3)      The detrimental economic effect of the deficit spending needed to build and operate HSR <o:p></o:p> 4)      The inefficiency of building and operating HSR as publicly funded, government-run endeavor.  <o:p></o:p>   If HSR is built with private investment, as you suggest, then my four abovementioned concerns evaporate.
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