Editorial: Can cities stop a juggernaut?
Original post made on Aug 18, 2008
Read the full story here Web Link posted Wednesday, August 13, 2008, 12:00 AM
on Aug 18, 2008 at 8:15 am
As a perpetual pessimist, I believe that this train wreck can't be stopped. As the editorial makes clear, massive bond issue promotions on TV and the print media will seduce the voters into believing they will get a whizzy fast train for a mere $9 billion in bonds, which, of course, they don't have to pay for. This project has always been snake oil. The rhetoric offers us a miracle cure for all of California's problems: jobs, traffic, the economy, the environment, fuel costs. It seems too good to be true. It is too good to be true.
1. Once they start it, they may never finish it.
2. Their cost projections are ridiculously low.
3. They will need to return to California taxpayers again and again for more funds.
4. All their miraculous curative promises are false and will never, ever become a reality.
5. The total cost of a completed HS train system will be well over $100 billion.
6. They will never be able to assemble the $45 billion they now claim will be the total cost.
California, caveat emptor!
on Aug 18, 2008 at 11:14 am
Martin, Tom again, with yet another question. I read over the weekend that the budget deadlock in Sacramento has several of the Govenor's pet projects in jeopardy because the deadline for getting them on the ballot was yesterday-hence the Sunday vote in the Legislature (unsuccessful). The paper listed Prop. 1 as being one of the items that could not go on the ballot without the budget being approved because the $$ for it are in the budget. Do you know if this is true?
on Aug 18, 2008 at 3:02 pm
Tom, you are referring to AB3034, the amendment that is meant to correct all the missing pieces of the bond issue that is presently on the ballot. That amendment has passed the Legislature and is being held back by Assemblywoman Gulgiani, its author.
The reason is that the Governor has pledged to veto any bill that hits his desk until he has a state budget from the legislature that he can sign. In order for that veto to not take place, AB3034 is being held back until the budget is signed.
That's a problem. I believe that the deadline has passed (one of them was last Monday) for getting this amendment into the basic ballot book to be sent to all the voters. That means, they will need to print a "supplement" which will contain the revised Proposition 1(A). That can't be done either until the Governor signs and makes the amendment law. However, as I have been told many times, there are no deadlines in Sacramento, so everything I say can be wrong.
Right now, we are following on an hourly basis the never-ending adventures of our State Government, busily solving all our problems, humming quietly to themselves as they diligently perform their many duties.
Welcome to Sacramento, where the deer and the antelope play and there is very little reality.
The Sacramento Bee is online and a very good source for following this exiting story.