I guess SA has learned nothing all these years.  For starters:

* SA seems convinced the final cost of Rail will *only* be $10 billion. Why? The most difficult half of Rail has yet to be built and the easy half was twice as expensive as predicted.
* SA states " ..the fact that rail will be powered by electricity rather than fossil fuel ..".  Really?  In case you haven't looked at your electric bill, more than 70% of our electricity gets generated by the worse kind of oil.
* Why would any business developer take on any risk, even for a potential return on investment, for the sake of the Rail project?  Even Keiwit who already built the first half of Rail was smart enough not to have anything to do with the second half.
* SA points to Vancouver as a place that succeeded with this model.  First, Vancouver is in a different country with different tax laws and incentives. Second, I highly doubt Vancouver is as dysfunctional as Hawaii.

SA should be advocating for the demise of Rail.