Fortress Increases Terror Threat for Thousands

securities and exchangeTHIS IS INTERESTING. SUSAN MEHIEL, A LEADER OF THE CITIZENS AGAINST THE ALL ABOARD FLORIDA/BRIGHTLINE TRAIN PROJECT SPELLED OUT TERRORIST HAZARDS RELATED TO THE ALL ABOARD FLORIDA/BRIGHTLINE PROJECT AT A ST. LUCIE COUNTY COMMISSIONERS MEETING ON JUNE 11, 2016. HER REMARKS FOLLOW.

BUT MEANWHILE, IN 2012, IN A SECURITIES AND EXCHANGE FILING, FLORIDA EAST COAST HOLDINGS CORP. LAID OUT THEIR OWN TERRORIST HAZARDS.

Susan’s Remarks:

“As Floridians reel from the Orlando massacre and Treasure Coast residents are aghast at the proximity of the Islamic terrorist’s home, we call on our elected officials to do everything in their power to stop Fortress Investment Group’s railroad expansion and move the system west of our towns to less populated areas. By building a second track through the heavily populated coastal region to double freight capacity for Florida East Coast Rail and add All Aboard Florida passenger service, hedge fund Fortress is greatly increasing the chances of terrorists using the system to kill thousands of people.

The 100 year old Flagler route includes over 100 at-grade crossings through just three counties (Indian River, St. Lucie and Martin). Going from 14 trains to over 50 trains per day through the Treasure Coast gives terrorists 5,000 opportunities daily to park a truck full of explosives on the tracks and cause massive death and destruction.

Adding to this threat is the hazardous material carried by many FEC trains including Ethanol, Chlorine Gas and Liquefied Propane Gas. As exposed by Citizens Against Rail Expansion (CARE) and St. Lucie Village (Ft. Pierce, FL) in letters to FEMA in April, there is an even greater risk with the St. Lucie Nuclear Power Plant units within 2 miles of the FEC tracks. A Haz Mat explosion near the nuclear plant turns both into a weapon of mass destruction!

No amount of crossing equipment designed to deter accidents will thwart a determined terrorist!

There is no reason, except hedge fund profits, that the 19th Century rail system should be expanded to carry 21st Century freight and bullet trains non-stop through our coastal towns. In the past 100 years, our towns, railroads and terrorism have changed.

Mr. Flagler could never have imagined the use of his railroad to carry highly volatile chemicals, operate trains at 110 mph or become a death threat to thousands of residents.

It would be ironic if the train track that facilitated the development of our south Florida communities would lead to their destruction. Why risk it!”

Meanwhile, here is Florida East Coast Holdings’ quarterly report for the period ending September 30, 2012 on their own risks for terrorism on developing the All Aboard Florida/Brightline project.

 

UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended September 30, 2012, or

Commission file number 333-174112

Florida East Coast Holdings Corp.
(Exact name of registrant as specified in its charter)

Risks:
Future acts of terrorism or war, as well as the threat of war, may cause significant disruptions in our business operations.

Terrorist attacks, such as those that occurred on September 11, 2001, as well as the more recent attacks on the transportation systems in Madrid and London, any government response to those types of attacks and war or risk of war may adversely affect our results of operations, financial condition or liquidity.

Our rail lines and facilities could be direct targets or indirect casualties of an act or acts of terror. Such acts could cause significant business interruption and result in increased costs and liabilities and decreased revenues, which could have an adverse effect on our operating results and financial condition. Such effects could be magnified where releases of hazardous materials are involved.

Any act of terror, retaliatory strike, sustained military campaign or war or risk of war may have an adverse effect on our operating results and financial condition by causing or resulting in unpredictable operating or financial conditions, including disruptions of rail lines, volatility or sustained increase of fuel prices, fuel shortages, general economic decline and instability or weakness of financial markets which could restrict our ability to raise capital. In addition, insurance premiums charged for some or all of our coverage could increase dramatically or certain coverage may not be available to us in the future.

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