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This is a perfect example of why Obama's bailout plan is a bad idea that won't work. It's designed for projects that will provide immediate job growth in the economy, but it's going to end up going to politicians' pet projects, regardless of readiness. Or worse, it will fund projects that are rushed through the planning stages, but that will require exorbitant expenditures in the future to fix planning mistakes that were overlooked today.
Because of these political realities, the bailout will not work as expected and will only cause us painful and expensive headaches in the future.