BULLET TRAIN DOOMED NEVER BE OPINION EDIT CHUCK DEVORE OPINIONS FORBES PROFILE AUTHOR STORY APPEARS ISSUE NOVEMBER 2008 CALIFORNIA VOTERS BORROWING BILLION BUILD RAIL SYSTEM SAN FRANCISCO BALLOT CLAIMED RAIL PROJECT COMBINATION FEDERAL DOLLARS PRIVATE INVESTMENT RAISING TAXES SIGNED ARGUMENT ARNOLD SCHWARZENEGGER OPERATIONS JAPANESE FINANCIAL SUPPORT ALMOST EIGHT YEARS LATER PENNY PRIVATE MONEY FEDERAL FUNDS INCREASINGLY CALIFORNIA TAX MONEY DRYING MEANING TEXTBOOK CASE CRONY CORPORATISM POWERFUL TAXPAYER BALLOT INITIATIVE SCHEDULED DELAYED TWICE LIBERAL FEARS CONCERNED PRECARIOUS REJECT VOTER TURNOUT HISTORIC PRESIDENTIAL ELECTION IN TRAIN THOUGHT TIMING GOOD AS IT THE INITIATIVE PERCENT POTENT TRADE UNION LABOR BIG BUSINESS PROMISES PRIVATE COMPANY THE COURSE BUSINESS GOVERNMENT PROJECTS RUN ECONOMIC REALITY EVENTUALLY INTEREST RUNNING CALIFORNIA GOVERNOR JERRY BROWN TURNED CARBON DIOXIDE AUCTION REVENUE AUCTIONS TAXES FUTURE FELL SHORT RAISING THE RIGHT EMIT GREENHOUSE GASES THE STATE SUPPORT HAVE TO ENTIRE RESERVE UP TO COVER THE POSSIBILITY WEAK AS IF SHORT TERM FINANCIAL CHALLENGES ENOUGH KILL ON THEIR OWN THREATENING COMPLETION BE IN OFFICE LIABILITIES PUBLIC PENSION RECENTLY STANFORD UNIVERSITY STUDY HOUSEHOLD TRILLION SPENDING COMPETITOR COMMERCIAL AIR TRAVEL FEATURE TICKETS GOING TO NEW GENERATION POLITICAL SUPPORTERS IN DENIAL THE TRUTH PLAIN FOLLY HUBRIS DEVORE VICE PRESIDENT OF NATIONAL INITIATIVES THE TEXAS PUBLIC POLICY CALIFORNIA ASSEMBLYMAN COLONEL ARMY GALLERY PAGE CONTINUE PRINT REPORT CORRECTIONS