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Monday, January 31, 2011

Bloomberg on Administration's Infrastructure Investment Plans

Read full article here.

"The President's call for a renewed focus on infrastructure investment - including high speed rail - is critically important to keeping American competitive in the 21st century," said Mayor Michael Bloomberg. "We look forward to working with the White House - and Congressional leaders in both parties - to base our infrastructure investments on economics, not politics."

The President outlined the following proposals for infrastructure investment in his State of the Union address to attract new businesses to our shores and move people, goods, and information:

- Re-double efforts to repair roads, bridges and rails which will lead to increased job creation.
- Revolutionize infrastructure investment by attracting private capital and ensuring that we pay for all of our investments.
- Fund projects based on what's best for the economy not politics.
- Give 80 percent of Americans access to high speed rail within the next 25 years.
- Connect 98 percent of Americans through major investment in broadband infrastructure.



10:17 am est 

Thursday, January 27, 2011

On The Need for High-Speed Rail Investment in the Northeast Corridor

Excerpts from Mayor Michael R. Bloomberg’s testimony to the House Committee on Transportation and Infrastructure:

Today, our nation invests just over two percent of our GDP in infrastructure. Meanwhile, Europe invests at twice that rate and China at almost three times it. 

In 2007, I visited Shanghai. I landed at the airport and got on a magnetic levitation train capable of traveling at 250 miles per hour. Other countries in Asia, Europe and the Middle East are building bullet trains too. So what is America waiting for?

If we’re going to maintain our global economic competitiveness, we must re-commit to infrastructure.

High-speed rail would add the equivalent of about 1,900 lane miles of interstate – except, of course, this would be an interstate with a speed limit of 220 mph.

High-speed rail in the Northeast would be a boon for our region and our country in other ways. It would generate travel and tourism, raise property values and cut pollution and dependence on foreign oil. And by reducing congestion on our highways, at our airports and on our commuter trains – it would increase economic activity.

We estimate that high-speed rail would generate more than $7 billion in economic activity and create about 100,000 new jobs by 2040. Because when businesses and industries are brought closer together they inevitably see greater profits, creativity, and productivity.

President Obama and Congress have taken a good first step by allocating $10 billion for high-speed rail. And I was encouraged that the President reaffirmed this commitment during the State of the Union, setting a goal of giving 80 percent of Americans access to high-speed rail within 25 years.

Funding for high-speed rail projects has been divided across 36 states, spreading our money so thinly that we run the risk of achieving nothing at all. In fact, the current Federal plan allots just over one percent of all high-speed rail spending for the Northeast. That simply doesn’t make sense.

Especially because Acela is the only profitable line run by Amtrak and the Northeast is the only corridor where there’s demonstrated high demand for high-speed rail.

What we need is a new approach to spending transportation money – one that’s not dictated by politics, but based on economics. We might not get all the routes we want, but we will get the high-speed trains we need.

Read more.



3:18 pm est 

Saturday, January 22, 2011

Bloomberg studies Green High Speed Rail, Smart Growth Rail Business

From this week new edition of Esquire magazine, on stands now, Mike Bloomberg's profile: 

The rail stops are all at shopping malls and smart growth communities with condos, homes close to the grocery, and shopping areas.  

"..Rail flyways connect all the downtown buildings creating on vast luxurious mall. The rail CEO explains to Bloomberg.  Rail transit authority retains the right to develop land around the stations.  They turn the rail stations into giant malls.  Trains deliver customers right to the mall near their office, and then back to the mall near their home. Of course there is profit from the development, advertising, telcom services, and so on and that pays for a third of the rail fare. That actually creates an integrated business.."

Mike Bloomberg in Esquire magazine. On stands now.



10:59 am est 

Michael Bloomberg and Brooklyn Decker in Esquire Magazine

America's finest politico Bloomberg, and Sports Illustrated Model of the year Brooklyn Decker in Esquire..


12:39 am est 

Friday, January 7, 2011

Building America's Future, Bloomberg foundation, building Green rail

Building America's Future:  Statement of Principles

Whereas the United States will not remain economically competitive with nations that are investing heavily in infrastructure unless we maintain and improve our infrastructure;

More here: http://www.bafuture.org/agenda



10:19 pm est 

Wednesday, January 5, 2011


4:41 pm est 

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We Need More candidates, Less Apathy

We NEED More Trains, Less Traffic

We NEED true fiscally conservative, and socially responsible people in federal office.  Plain and simple. It's socially responsible to balance the federal budget and pay off the federal debt within ten years.

Michael Bloomberg can get the job done.

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