Japan to Finance California Hi-Speed Rail
Americans are fond of “pulling themselves up by the bootstraps”, the quintessential Horatio Alger story, rags to riches, to rags again, back to riches and all that. Indeed, broke, strapped for cash, some $19 billion in the hole this past year (according to some reports at least), Californians nevertheless voted to okay borrowing US$10 billion to finance the beginnings of a high speed rail system for the state that is primarily a connector of the
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