Trump THANKFULLY DESTROYED Newsom's dumb Project

California's train to nowhere. Thank

goodness. Terminating $4 billion in

federal funds for the highspeed rail

project that never materialized. Our

very own Max Gordon is in DC with the

details. Max, my first vote when I was

18 was voting for this and it's a

disaster.

>> Yep. Back in what, Taylor? You voted for

this trash? Oh, come on.

>> Long time for this train. Transportation

Secretary Sean Duffy calling it a

boondoggle. Here he is earlier today.

>> It took uh 16 years and 15 billion

dollars uh in California highspeed rail

to not lay one track. Are you kidding

me?

>> Yep.

>> That's that's the American legacy right

now. We we can spend a lot of money and

take a lot of time and not build

projects.

The decision comes after a month-long

federal review of the project originally

approved by California voters back in

2008. The state's highspeed rail line

was initially supposed to connect Los

Angeles in San Francisco with an

original completion date set for 2020,

but years of delays and cost overruns

have plagued the proposed.

>> You know what's amazing is I ran for

governor against this. I ran for

governor in 2021 in California saying we

are going to end this stupid high-speed

rail

and the premise was simply the cost. Not

just that that as Fox is saying here

that the cost has gone uh from 33

billion to 135 billion, but also that

the cost for this stupid rail is

estimated at $22

uh $22 million per mile. Compare that to

a boring tunnel cost per mile of about

$10 million per mile, which is insane.

Even if you double it, it's or it's like

onetenth of the cost of the highspeed

rail because the highspeed rail has to

deal with rivers and mountains and

valleys and changing topography and fire

hazard zones and all this crap. And

frankly, you're kind of building it in

in places where Californians don't

really need it anyway. You know, this

idea that the highspeed rail uh is

somehow useful. Here are the uh current

currently cleared environmentally

cleared segments uh you know taking you

from Bakersfield basically to San Jose.

The idea uh well I mean that's the under

construction portion is actually more

Bakersfield to Merced but the idea was

to connect it to NorCal so you could go

live in Bakersfield where housing is

really cheap but then work in San Jose.

That was the idea, but that was, you

know, this has been pitched for like 17

years now. And the only portion that's

actually under construction is the

Bakersfield to like Fresno portion. But

that's basically going from inexpensive

housing to inexpensive housing. Like all

the other stuff hasn't actually gone

anywhere. And it's so overbudget. It is

a ridiculously expensive. And you'd be

better off not trying to build, you

know, train tunnels through all these

mountains. Notice they're not doing the

hard areas where the mountains are at

the coast or in LA where you have to go

through the valley of Burbank. You're

not going through anything other than

desert. And in the desert portion from

Bakersfield to Fresno, you still can't

get it done in 17 years. This is an

example of a complete failure in

California. And when when you look at

those per mile costs of uh how much

boring is spending uh versus how much

California is spending, any American

should look at this and go, "Thank

goodness we are cutting this project."

And you can see it over here. Here's a

business insider piece uh talking about

new tunnels that would be 21 ft in

diameter. This would be a boring tunnel,

Elon Musk boring tunnel. Uh and the

company says many traditional tunnel

projects cost $100 million to $1 billion

per mile. Uh and and they're doing this

at a cost of, you know, 10 to 20 million

per mile, which was incredible. Uh and

that's the average, right? Like for

example, the Las Vegas Loop, which is

only 1.7 mi, cost 47 million. So

obviously 47 divided by 1.7 is about 27

million a mile. But that's also only a

1.7 mile project. When you do this like

the highspeed rail and you do it over

400 miles, your average cost per mile

plummets if you don't suck at

constructing. So I actually think Trump

frankly saved Gavin Newsome uh from this

project. And it's and also you know the

federal government expenditures. It's

It's really incredible just how this

project has gone on for so long.

California highspeed rail, when was it

initially? It'd be very interesting to

see the the date that it was initially

approved. So, initially approved was

Yeah, it was a 2008 project. 2008

statewide bail ballot project. That's

what Taylor Riggs is talking about

having voted for. And it's been 17 years

and nobody has taken a single ride on

the highspeed rail. How crazy is that?

And that's 17 years of money printing.

Not like I mean this got approved at the

end of '08. So you basically got approve

approval for this project at the end of

a major recession and you've had 17

years of basically no recession. You

can't really call COVID a recession with

how quickly we printed money on this and

you couldn't get anywhere. Really sad.

Mind you also the top speed for the

train would be 220 mph. The top speed

for the train is literally

40% of the speed that you could have in

an aircraft. And you still have to deal

with ticketing and showing up to a

counter and boarding and deboarding and

all this. I mean, let's do let's do I

don't know, you know, Burbank to SFO

flights, you know, just for giggles. How

much is it going to cost me to go from

Burbank to San Francisco? Round trip 100

bucks. cheapest $98.

You know, what do I need a highspeed

rail for? I have planes that could take

me there much faster than some stupid

high-speed rail. Uh so, you know, good

good for Trump for finally killing this.

Even Democrats should be happy about the

killing of that.

>> Why not advertise these things that you

told us here? I feel like nobody else

knows about this.

>> We'll we'll try a little advertising and

see how it goes.

>> Congratulations, man. You have done so

much. People love you. People look up to

you.

>> Kevin Praath there, financial analyst

and YouTuber. Meet Kevin. And always

great to get your take.