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China's High-Speed Debt Trap - Vimarsana News

China's High-Speed Debt Trap

Maybe he should look a little harder at the figures. First: – Airline time: 1.6 hours” The reason high‐​speed rail never caught on in the United States is because we had jet airliners before Japan even started building its first bullet train. Why should we worry that a train from Beijing to Shanghai is faster than a train from Washington to Boston when our planes are twice as fast as the fastest trains in the world? Second: China recently halted construction on two new high‐​speed rail lines due to mounting debt. As of a year ago, China State Railway had an $850 billion debt...

Source: cato.org
Letter: Sad state of affairs in today's GOP - Vimarsana News

Letter: Sad state of affairs in today's GOP

Letter: Sad state of affairs in today's GOP By Richard Brouwer It became clear after the Republican Party suffered the devastating loss of the presidency and two Georgia Senate seats last November that the party was in trouble, badly in need of direction. Ready to be of service, I stepped up to the plate. In an opinion letter in this paper, I offered a series of suggestions, one of which was: “Your voter suppression activities make you look weak and anti-democratic. Instead, focus on policies that attract a broader range of people to your party." They didn’t listen. Meanwhile, the Biden ...

Detailed text transcripts for TV channel - MSNBC - 20120418:10:22:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120418:10:22:00

That the car manufacturers are moving to japan. that we start losing these jobs. and that was like in '71. that's when it began. this has nothing to do with bush tax cuts. this has nothing to do with what bill clinton did in 1999. this has everything to do with -- i love what you said, the tidal forces globally that we have got to -- that we've got to tame. >> joe, in that period of time, that sweep of history that you just referenced, after world war ii, i mean, this was literally a different country then. you had the interstate highway program created suburbs, growth, the jobs. the jobs star...