Monday, August 21, 2006

Jeb Bush-backed rail deal:$491 million for NAFTA

Jerome Corsi reports on WND...

A $491 million public-financing deal promoted by Florida Gov. Jeb Bush as a boon to commuters actually paves the way for shipping more cheap goods from China to the North American marketplace, charges a whistleblower.

Ex-CSX Transportation employee Dave Nelson told WND the deal in Florida amounts to providing CSXT with a public subsidy. Money from the public purse will position the railroad company as a major freight carrier throughout Florida, transporting cargo containers filled with cheap goods coming into the NAFTA marketplace from China.

CSXT is positioned to receive millions in the deal. Under the terms of the agreement, the state of Florida will invest $318 "in partnership with CSXT" to improve the infrastructure and expand capacity on existing train tracks. According to CSXT, the breakdown of how the Florida subsidy will be spent is specified as follows:

$198 million for projects on the CSXT rail line between Baldwin to Plant City, referred to as the "S" line;
$ 59 million to build five road overpasses in Alachua, Sumter and Marion counties on this line;
$ 52 million on other CSXT rail lines around the state; and
$ 9 million to build access roads to the new Integrated Logistics Center in Winter Haven – the mother of all rail yards – which will be built by CSXT

Is commuter rail really a smoke screen for something bigger?

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