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Site Says GM Destroyed Calif. Transit Systems

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It was my understanding that one of the tire companies was also involved in the buying up of the LA tracks and convincing the governments around there to replace them with freeways.

Nice article. I knew the story, having lived in LA for a number of years a couple decades ago. Seeing the layout for mass transit overlaid with freeways always upset the local people trying to reestablish a mass transit system.

This was all about the same time as the buying up of the San Fernando Valley, chronicled in "Chinatown" with Jack Nicholson. The thing that was going to make the valley so worthy was the extension of the freeways out to it in addition to the diverting of water to it which the movie focused on.

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Where do they think the electricity comes from?

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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