California lawmakers approved billions of dollars Friday in construction financing for the initial segment of the nation's first dedicated high-speed rail line connecting Los Angeles and San Francisco.I think it's great that as a Texan (and shut your fetid pieholes you whiney sniveling bluestaters, we are a "donor" state) I am paying for a high-speed rail between Fresno and Bakersfield. These two growing powerhouse metropolises desperately need to "de-congest" their transportation corridors and this is the way to do it! Yay!
The bill authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.
(Snark aside, it is obvious to any thinking person that this train is a white elephant, BUT. How does it stack up against a B2 at $2.1 billion per copy in the scheme of government waste? At least the high-speed rail line will allow everyday Californians to experience graft and corruption in person.)
1 comment:
Thanks to my fellow Americans for the "Big Dig" here in Boston. It's the gift that keeps on giving!
Is there an over/under if the CA rail project will exceed the "Big Dig's" cost overruns?
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