Summary
Elon Musk’s Boring Company is rapidly expanding the “Vegas Loop,” a 68-mile underground Tesla-based transit system approved with minimal public input and regulatory oversight.
Backed by the Las Vegas tourism authority, the project bypasses federal environmental reviews and standard public transit scrutiny.
Despite safety, labor, and environmental violations, Boring faces modest fines and continues construction.
Critics, including former Mayor Carolyn Goodman, highlight concerns over safety, accessibility, and untested technology, but local officials and businesses support the project, viewing it as a vital traffic solution.
The Loop may set a precedent for deregulated infrastructure projects.
Shit like this is a potential problem where the tunnel gets transferred to a shell company, the tunnel doesn’t make money or beings to fail, the shell declares bankruptcy and the tunnel and all of its problems get handed off to the taxpayer.
US Tax Payer: “Corporate investors of last resort.”
Gotta love that capitalism’s “efficiency” that everyone keeps mentioning as a positive
It excels at making money as efficiently as it can, the issue is the “efficient” action of dumping unprofitable things on the public. I’m expecting all the multiple
thousandsmillions of gas wells that were drilled over the last 20 years to be transferred to a shell, bankrupted, and dumped on the public for the massive cleanup requiredToo bad capitalism is the only system 😔
We’re told it is by the people who don’t want any changes made because it will interfere with their profits. I’m not suggesting communism or something, so no need for making things a hyperbolic binary choice. Capitalism can absolutely be reined in with strong social policy without being socialist, but again, point #1, that cuts in to power and the profits of those who don’t want to lose any.
Pumping that shit with Tesla©® concrete will solve all problems.