Saturday, July 07, 2012

Life in "Progress" State - California edition

They called it Paradise
The Place to be
They watch they hazy sun
Sinking in the sea

So California is going to spend billions on a rail system linking almond farms to orange groves.................

Despite voter polls turning hard against a proposed $68 billion high-speed train from San Francisco to Los Angeles (by way of Fresno and Merced), the state Senate pulled the trigger on the initial funding today.

Four Democratic senators turned against the project, but it wasn’t enough. The final vote tally was 21-16 (with three no-shows). Two of the yes votes came in the last seconds of the roll call.

Here's the wager I throw out to any proponent of these kinds of projects.

I will bet my life savings against your that this project will come in
1) Over budget
2) Under utilized
3) Once completed, will require additional public assistance to maintain.

In actuality, I'd make the bet that this project will not come in on any one of those.

Now, let's assume you are a fan of such projects, why won't you take my up on my bet? Because that's totally the point. You're more than willing to gamble other people's money at one of these boondoggles but not your own.

But then again, that's becoming the American Way isn't it?


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