So is it it now official? CNN makes the case that Obama's high speed rail fantasy is really a fantastic boondoggle. 

Cooper and investigative reporter Drew Griffin reported that, while the administration sold its $12 billion in projects as high-speed rail, the funding has spent has largely been used to make existing trains slightly faster. In Washington State, for instance, $800 million have been used to reduce the length of the trip from Seattle to Portland by 10 minutes. 

Notes Ed Morrissey:
For all the money being spent on high-speed rail, Griffin reports that the only high-speed rail line that’s actually being built is the California corridor between San Francisco and Los Angeles (eventually, anyway) that runs along and over the San Andreas Fault, which by-the-by is overdue for a massive earthquake.  I’ve included a few links below to remind readers just how well thatproject has gone over the last few years.  Don’t forget that the first service on this line if and when it starts at all — and after billions of dollars have been spent — will be to connect the huge metropolitan areas of Bakersfield and, er, somewhere near Fresno.  When it’s complete, California and the US will have spent over $100 billion in order to create a subsidized transportation system to connect two cities in a trip that takes about three times as long as air travel does.
Boondoggle? Absolutely. Bait and switch? You bet. Fraud? It’s been that from the start, but kudos to CNN for exposing it.