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January 15, 2017



Under the headline of "California's Big Dig" yesterday Wall Street Journal echoes what this post says:

"Elaine Chao is rolling to confirmation as Transportation Secretary with little trouble. The same can’t be said of California’s beleaguered bullet train, and one of Ms. Chao’s first orders of business should be to cut the choo choo off federal life support."

Here is one factoid I did not know

"Yet according to the FRA document, the rail authority still won’t meet its June deadline for spending stimulus funds. Merely 56% of the 1,606 parcels of land have been acquired for the first segment. "

pat giorni

For the latest ....Play podcast Peter Tilden at 11:00--1/16/17
Interview begins @ 18:10


Bruce Dickinson

Folks, great news, nothing like a multi-millionaire (Chao) with no pay for play agenda to make the right economic decisions and cut off HSR at the knees, once and for all. Bruce Dickinson is liking these DJT cabinet picks more as they seem to be driven by a desire to serve rather than power trips or ways to use the "revolving door" to get rich. They've already achieved success many times over.

Bruce Dickinson is starting to like some aspects of the new Trumped-Up Trickle-Down Economics!


Thanks Pat for the heads up on that kabc Flashman interview about HSR, very interesting.


Right - no revolving door for Ms Chao, who gets a special waiver from Wells Fargo allowing her to cash in her deferred stock options because she's leaving for government service. Probably has absolutely nothing to do with Wells Fargo's interest in cashing in on infrastructure public-private partnerships...


I'm more than happy to make a gentlemen's bet that Wells Fargo doesn't put up a dime for HSR in California.


Anyone care to bet that Gov. Brown could even find Oroville on a map? Why not blow $100B on high-speed rail when a few reservoirs and dams could be fixed and desalinization could start in California?

As Oroville Dam operators worked into the night Sunday to try to prevent collapse of the emergency spillway, independent engineering experts said the state has few options at its disposal.

The collapse of the emergency spillway likely would cause catastrophic flooding along the entire Highway 70 corridor, inundating Oroville, Marysville and much of Sutter County, top engineering and flood-control experts said late Sunday.

Read more here: http://www.sacbee.com/news/state/california/water-and-drought/article132360534.html#storylink=cpy


That's the sad part Joe. Instead of throwing billions into a train no one wants but Gov Brown,we could of been shoring up our dams and infrastructure. Now thousands could be flooded out of their homes and businesses because our Governor wanted a train.

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