In a recent interview, Governor Jerry Brown claimed that CA High Speed Rail will cost “a lot less” than the current $100 billion figure that “people are saying” it’s going to cost. And he found a gold mine of free money that’s going to pay for it. The man needs some serious drug testing.

Jerry, $100 billion is not “what people are saying” HSR is going to cost. It’s what the PEER REVIEW EXPERTS and the LEGISLATIVE ANALYST’S OFFICE (among others) say it’s going to cost — at a minimum. Actually, to be fair, with the usual cost overruns, they suggest it will cost about $117 billion. And it’s unlikely that will even include San Diego at all.

And Jerry, you think that AB32 “cap and trade” fees (a separate disaster) are to be considered mad money — free funds that can be frivolously spent on HSR with no concerns about the state’s far more pressing needs — including that public education thingy.

Frankly I hope the governor “stays on track,” barreling down the line to his HSR train wreck. This nonsense will serve as the poster child for us opponents of further raising California taxes. It all but assures our eighth straight voter victory against higher tax propositions.

http://blogs.sacbee.com/capitolalertlatest/2012/01/jerry-brown-says-cap-and-trade-fees-will-fund-high-speed-rail.html

This entry was posted on Monday, January 30th, 2012 at 9:25 am and is filed under Blog Posts.