Today’s Headlines

  • Wall Street’s Worried About the Increasing Rate of Auto Loan Defaults (Business Insider)
  • Driverless Ubers Already Back on the Streets of San Francisco After Arizona Crash Last Weekend (SFist)
  • Brilliant Swedish Bus Ad Pokes Fun at the Hype Over Self-Driving Cars (The Verge)
  • Seattle’s Pronto Bike Share Shuts Down Tomorrow (Seattle Times)
  • Passenger Rail in Florida Prevails Over Legislative Attack (Palm Beach Post)
  • Comparing Population Density in World Cities to Columbus, Ohio (Sparefoot.com)
  • Philly Police Officer Uses Bike to Take a Swing at Anti-Trump Protester (New York Post)
  • Michel S

    It stands to reason that if you force people who cannot afford a car to live in an environment where, in order to participate in the local economy, car ownership is a foregone conclusion, you’re going to have a high rate of default on auto loans. You’re also going to have high incidence of predatory behavior on the part of banks and lenders taking advantage of people who are left with few alternatives. The last half-century of social and environmental engineering around private home ownership and near-exclusive transportation by personal automobile has generated nothing but crippling debt and staggering inefficiencies. We’ve already suffered one recession because of this reckless pattern of behavior; a recession due to auto-loan defaults would just be Act II of the same foul drama.

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New Bill in U.S. House and Senate Would Turn North Carolina Roads Into Interstates (Sun Journal) Will MO Transpo Projects Move Forward Despite Defeat of Amendment 7? No. Maybe. (Globe, LNO) Bike Lanes, Bike Share, and Better Transit Coming to Raleigh? (North Raleigh News) Ensuring the CEQA Tail No Longer Wags the Planning Dog (CPDR) San Francisco […]

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Study Looks at Transit’s Role in Linking Low-Income Communities to Jobs (Reconnecting America) Transit Agencies Work With Employers on Commuter Benefits (Progressive Railroading) Kids in Smart Growth Neighborhoods Get More Exercise (Headlines & Global News, Science Daily) Indy Lawmakers Spar Over Transit Goals (IBJ) Revenue, Ridership Fall for D.C. Metro (WaPo) … Especially on Weekends […]

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Rep. Issa Calls for Investigation of Tightened Fuel Economy Standards (DFP) Why It’s Time for a Long-Term Transportation Bill (The Hill) While Congress Stalls, Feds Have Been Funding Intercity Rail (Transport Politic) Gov. Perry Aide Takes Lucrative Post at Texas DOT (Statesman) Walkability, Trees Boost Property Values (Grist) Where Are We Four Years After the […]

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DC Metro Moves Forward With Fare Hike, Service Cuts (WaPo) Boston Unveils 2030 Transpo Plan (Boston Globe) California Preps to Battle Trump Over Vehicle Emissions (Atlantic) APTA Study Highlights How Transit Riders Help Power the Economy (CNN Money) Bike Portland Takes Pulse of National Bike Summit in DC Why Kansas City’s Failed Experiment With Bridj Could Still Help Transit (Wired) […]