Posts

California Rail Project Not Dead Yet After Newsom Sows Confusion

/in , /by /The Bond Buyer (New York)by Keeley Webster

California Gov. Gavin Newsom’s effort to distance himself from his predecessor’s priorities sowed confusion about the fate of the state’s bond-funded high-speed passenger train project. In his first State of the State speech Tuesday, Newsom took aim at high-speed rail and water tunnel projects championed by former Gov. Jerry Brown. He created confusion about high-speed rail when he said he wanted to prioritize construction on the already underway Bakersfield to Merced segment in the state’s Central Valley. The initial impression was that Newsom planned to scrap the San Francisco and Los Angeles ends of the project to leave the shortened Bakersfield-Merced line.

Full Story

OPINION: California’s Boondoggles Threaten Property Owners And Taxpayers

/in , /by /The Orange County Registerby Jon Coupal

One would hope that with the profound foolishness associated with California’s infamous High Speed Rail (HSR) project that our elected leadership would have learned a thing or two. But this is California. Because we do things bigger and better than anyone else, it’s apparent that one massive boondoggle isn’t enough — we need two. Let’s recap what we’ll call Boondoggle, Senior. The complete dysfunction of HSR is no longer in dispute. Missed deadlines for the business plans, lack of transparency, massive cost overruns, engineering hurdles that make the project virtually impossible to complete and a lack of funding are tops on the list.

Full Story