Tuesday, December 08, 2009

Taxpayers holding the bag again

It's already bad enough that the state of Florida would pay CSX $10 million for every mile of track (and CSX will still be sharing the track!). Right now the cost just for the SunRail in Orlando is $432 million for just 61.5 miles of track for SunRail in Orlando, and CSX will continue to share the track!

The plan is to eventually have a several lines throughout the state. The cost? Hundreds of millions more.

In addition,
our Senators also supported a no-fault policy for CSX meaning that the state will accept responsibility for and cover accidents with a $200 million insurance policy, $10 million of which would be covered by CSX in "the most negligible accidents". That leaves the other $190 million to be paid by you and me.

Not happy about this at all. Not at all. Who has ever heard of such a thing? The taxpayers footing the bill for the liability insurance of a private company? Are you friggin kidding me? What the hell are these people thinking?

1 comment:

  1. Anonymous12/10/2009

    I still don't think we need a high speed rail system. Every penny spent on it is a waste in my opinion.~ST

    ReplyDelete