COMMENT OF THE DAY: THE HIGH-SPEED RAIL BUBBA RESCUE SCENARIO “HSR going bankrupt isn’t the worst deal around. Consider: TCR takes a bunch of Japanese + hedge fund money, fails to pay off capital costs, goes into receivership, forfeits the right-of-way to the state for failure to pay back taxes, TxDOT leases right-of-way for 99 years to a consortium of investors led by Tilman Fertitta, after which all trains have cocktails and coconut shrimp served on board. I wouldn’t complain.” [Purple City, commenting on Land Purchases Beginning Along Proposed Houston-to-Dallas Bullet Train Route]