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They have no money.
At the much touted unveiling of the DTX Extension and 280 Tear Down plans last night on Potrero Hill, San Francisco officials admitted that there is no money to finish the electrification of CalTrain. They are $440 million short on what they need to electrify 70% of the trains. This was repeated a few times last night.
We were told that the Fast Train is not going to be paid for with public funds and will only happen if “they” can convince a private investor to invest in it. It appears the real reaosn they are trying to force us out of our cars and onto Muni buses, is to prove that there is a market for a “potential” private investor to invest in a “public” transit system to attract private capital. All the mad street painting and street diets are really part of the plan…
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