Much of Amtrak uses tracks owned by freight companies, and that this is responsible for a good chunk of Amtrak's poor performance. However, high-speed rail on non-freight-owned tracks works pretty well in the rest of the world; it just needs its own right-of-way (in some cases running freight at night when the high-speed trains aren't running, but still having priority over freight traffic).
Are high speed trains profitable enough for people to build them without government money? I'm not sure how to look that up.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.