The Manhattan Institute is one of those groups that you should know about as you read this article. They make the Heritage Foundation look like liberal hippies.
That's a shame. The writer seems to suggest that the whole project should be scrapped and forgotten though, I'm not sure I agree. Many would benefit from such a high-speed rail-road, so while it might be for the best to scrap the current project, it might be better to restart it with new management.