Thursday, November 07, 2013

Grifters Gonna Grift

Hey a proposal for a company built high speed train line. Exciting!!

Spearheaded by The Northeast Maglev, the project has backing so far from U.S. and Japanese investors and boasts a high-powered advisory board that is headed by former Senate Majority Leader Tom Daschle and includes former Transportation Department secretaries from Republican and Democratic administrations — Mary Peters and Rodney Slater — as well as former Govs. Ed Rendell of Pennsylvania and Christine Todd Whitman of New Jersey.

Oh, wait...

Wayne Rogers, TNEM’s chairman and former head of Maryland’s Democratic Party, said the line will be as expensive as it is transformative and acknowledged that it will need a lot of federal support.

As long as there's profit for the grifters, federal money is justified.