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Dallas-Houston Japanese Bullet Trains
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[quote user="PNWRMNM"]<p>Sam,</p> <p>I strongly disagree with your first point. If the proponents go for RRIF, they will be a railroad by the time they make application, so they qualify on the face of it.</p> <p>As to protection of financial information you may be correct, but I think there is some shield in place to protect it.</p> <p>Mac</p><div style="clear:both;"></div>[/quote] To date, with the possible exception of a loan for the Denver Union Station project, all the RRIF loans have gone to operating railroads, as per the FRA RRIF webpage. Given the political connections of the TCR leadership team, they may find a way to get a loan. They could, for example, lay down a mile of track and apply for a loan as a railroad. If they do they will no longer be able to claim that they are not or did not seek government financing.
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