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February 09, 2019

Comments

BurlingameDowntown

California has zero knowledge about how to move people as evidenced by its highway system throughout major CA cities. What makes anyone think they would know how to implement a highspeed rail system?

CA is considered to have some of the most incompetent leaders in the USA. How anyone could think of spending money on a luxury item such as high-speed rail when you are drowning in over a trillion dollars of debt is mind-blowing.

Facts: We estimate that California state and local governments owe $1.3 trillion as of June 30, 2015. Our analysis is based on a review of federal, state and local financial disclosures. The total includes bonds, loans, and other debt instruments as well as unfunded pension and other post-employment benefits promised to public sector employees. Our estimate of California government debt represents about 52% of California’s Gross State Product of $2.48 trillion. When added to the state’s share of the national debt, we find that California taxpayers are shouldering debt burdens on par with residents of peripheral Eurozone states.

Let's see now. A high-speed rail system linking sanctuary cities would benefit who?

Cassandra

Whom

Mythology

But Cassandra; your prophecies should never be believed.

fred

https://www.sfgate.com/news/article/central-valley-high-speed-rail-merced-bakersfield-13610732.php

Joe

Here we go, kids!!!!!!!!! From CBS Sacramento:

“Let’s be real,” Newsom said in his first State of the State address. “The current project, as planned, would cost too much and respectfully take too long. There’s been too little oversight and not enough transparency.”

Newsom, though, said he wants to finish construction that’s already under way on a segment of the high-speed train from Bakersfield to Merced, through California’s Central Valley, arguing it will revitalize the economically depressed region. (yuck, yuck, sure)

He’s also replacing Brown’s head of the state board that oversees the project and pledged more accountability for contractors that run over on costs.
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Not bad for a day's work, Governor. Let's hope the part that will continue to be built is merely spending sunk dollars (i.e. already under contract).

Joe

Clicking through on the SFGate link Fred provided yields this gem:

"Abandoning the high-speed rail entirely means we will have wasted billions and billions of dollars with nothing but broken promises... and lawsuits to show for it," Newsom added, explaining he wouldn't want to send the $3.5 billion in federal money the project has been granted back to the Trump administration.
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Sounds like the Trump administration might have an immediate use for $3.5B.........

Cassandra

Re: Cassandra... The point is precisely that I should be believed, but am not. My punishment from Olympia and Murphy’s Law.

Hooray for Newsom. But where will the money go next?

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