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Old Posted Dec 19, 2012, 5:53 PM
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electricron electricron is offline
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Join Date: Aug 2008
Location: Granbury, Texas
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Quote:
Originally Posted by Lakelander View Post
I'll be surprised if Maglev Morris secures the investors to pay for its construction. My ultimate hope is that Orlando/Florida doesn't end up with the short end of the stick when it goes up in smoke (like Norfolk).
There are huge differences between Maglev Morris and Norfolk light rail. Maglev Morris is private enterprise at work while Norfolk light rail was always a public enterprise. When public enterprise projects go over budget, the public pays. When private enterprise projects go over budget, the private money pays.
P.S. You can ride Norfolk light rail today, it didn't go up in smoke.
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