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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Feds Set Post-Sandy Building Standards (TransNat) Will China Be Able to Help With California’s High-Speed Rail? (AP) Project 100: Zappos CEO Wants to See Fewer Cars in Vegas (Grist, Gigaom) Massachusetts Leaders Spar Over Transpo Funding (MassLive, Boston.com) Indy Mayor: “Time to Act” on Stalled Transit Expansion (Indy Star) Atlantic Cities Looks at Improvement Plans for Amtrak’s NE Corridor […]

Today’s Headlines

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House Vote Shows Weakness of GOP’s Hand on Keystone (Trans Issues Daily) The Catch-22 of Surging Transit Ridership (WaPo) Pentagon Wants to Make Military Bases Less Sprawling, More Walkable (USA Today) Here Comes Schuster to Take Over T & I (Post-Gazette) Sen. Gillibrand Asks Amtrak to Allow Bikes on Board (Times-Union) A Setback for Maryland’s […]

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MTA Fare Hike in 2008 "A Real Possibility" (Daily News) She Commutes 200 Blocks a Day by Bike (AMNY) Jackson Heightsers Protest Heavy Traffic on Roosevelt Ave. (Daily News) Taxi Drivers Threaten Strike Over GPS (Metro) Fire Dept Nixes Subway Radio System (NYT) Tappan Zee Plan Still Omits High Rider Option (TSTC) Off-Limits Areas of […]

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OMB Official: Trump’s Budget Will Include $200 Billion for Infrastructure Over 10 Years (Bloomberg) David Roberts: “A Carbon-Free, Autonomous Car Is Still a Car; It Still Takes Up Space” (Vox) Portland Residents Want City to Pilot Bus Lanes on Hawthorne Bridge (KATU) Connecticut Cuts Ribbon On Its First Protected Bike Lane (New Haven Independent, WTNH) Muddled […]

Today’s Headlines

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Employees Union Presses House to Restore Commuter Tax Break (The Hill) Overhaul Proposed for DC Transportation as DDOT Chief Departs (WaPo) Future Funds for DC Metro in Jeopardy After Mismanagement (The Hill) Minneapolis Light Rail Debate Hinges on Equity (Minn Post) Will Houston Warm to Light Rail? (Atlantic Cities) Meanwhile, Houston Bike Commuting on the Rise […]

Today’s Headlines

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Obama administration shifts housing-policy focus to renting, not owning (Globe) Is federal stimulus money getting to NYC’s transit projects quickly enough? (GlobeSt.com) Texas GOP gubernatorial rivals face off over transportation (Morn News) Kansas puts off a $28m road project due to Washington’s uncertainty over funding (KC Biz Journal) Cyclists hold fundraiser for Oberstar (Bike Retailer […]