Can The Maglev Monster Be Tamed?

"It has become painfully clear to me that the only people who would benefit from Maglev are the people who would realize financial gains from the construction and operation of the project.Let's face it: Maglev was intended as an inducement in the Baltimore-Washington bid to host the 2012 Summer Olympic Games. However, New York was chosen as the U.S. site. For the life of me, I can't figure out why we are still even talking about a system whose start-up costs alone would be $950 million in federal funds and $500 million in state funds and would offer no tangible value to our state or the counties it invades."

Thanks to Transport-Policy List