California's Fast Train to Nowhere !!!!!!!!!
California Governor Gavin Newsom is abandoning plans to build a high-speed railroad between Los Angeles and San Francisco, saying the ambitious project that was approved by voters and championed by his predecessor is too costly.
Instead, the state will finish roughly 120 miles of track already under construction in the Central Valley, a mostly rural agricultural region that runs down the spine of the state, Newsom said.
“The project, as currently planned, would cost too much and take too long,” Newsom told lawmakers in Sacramento during his first State of the State address. “There’s been too little oversight and not enough transparency.”
The California project’s envisioned 800-mile network, with trains speeding as fast as 220 miles per hour, made it one of the largest, and most costly, public works developments in recent U.S. history. But since $10 billion of bonds were approved by voters more than a decade ago to jumpstart the line, it’s been beset by cost overruns, construction delays and lawsuits by property owners and taxpayer groups.
Another Leftist Dream gone down in Flames !!!!!!!!!!!!
City-Journal has a good article about the debacle of High Speed Rail in California. Democrats will mismanage funds just to enrich themselves and never delivering on a promise they cannot keep.
Here are few lines from the article that define the lies Democrats tell.
Governor Jerry Brown, promised that CAHSR would cost just $33 billion and be finished by 2022.
CAHSR’s costs have severely escalated: the California High-Speed Rail Authority (CHSRA) now estimates that the train’s core segment alone, from San Francisco to Los Angeles, will cost from $77 billion to $98 billion.
The project’s troubles have been largely self-inflicted, starting with poor route choices.
The money line that describes Democrats is self evident. "The CHSRA has also wasted large sums of money through poor management."