For the past seventy years or so, they've been trying to make a train that goes from LA to San Francisco. Every attempt so far has failed, because it would cost way too much money. From what I hear, the process goes like this:
Step 1: The state decides to make a railroad.
Step 2: The state charges everyone a lot of money with a railroad tax.
Step 3: The project is cancelled.
Step 4: Nobody gets their money back.
The latest railroad project is called the California Bullet Train. The state approved the project two years ago, with a $10 billion price tag. Right now, we're at Step 2.5, where the contractors come up with a good reason for cancelling the project, such as "we spent most of the money already". This time, the problem is that they can't find a good place for a train stop in the middle part of the state. The towns there are pretty small. Everyone is shocked and surprised at this unexpected development.
Personally, I find it amusing that we are two years and ten billion dollars into the project, and we just now have reached the question "where will the train go?" Boy, I love the government.
In any case, the project isn't set to start until September 2012, so they have plenty of time to think of a reason to cancel it. My money's on "it will cost over five times more than what we originally thought". Literally. My money is riding on this. Why do you think I'm so poor?