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Schwarzenegger, Feinstein propose $9.3 billion water bond
San Diego Union - Tribune ^ | 7/10/08 | Michael Gardner

Posted on 07/10/2008 4:04:46 PM PDT by NormsRevenge

SACRAMENTO – With scattered rationing punishing cities and farms statewide, Gov. Arnold Schwarzenegger and U.S. Sen. Dianne Feinstein Thursday jointly unveiled a $9.3 billion water bond proposal, convinced that fears over prolonged shortages and environmental collapse in the vital Sacramento delta will be enough to overcome resistance to building dams and a north-to-south delivery canal.

Schwarzenegger, a Republican, and Feinstein, a Democrat, plan to aggressively push lawmakers to approve taking the bond measure to voters in November.

The plan still faces tough odds. The ballot is already crowded with controversial initiatives addressing same-sex marriage, abortions for minors and caged farm animals. And voters may balk at spending more at a time when the state is facing a $15 billion deficit and the economy continues to stagnate.

But current circumstances – rationing, drought and global warming – could convince a skeptical electorate to vote for the big-ticket water projects.

The measure is an extension of the perennial debate over dams and a revived Peripheral Canal, a delta water conveyance system defeated by voters in 1982.

How the $9.2 billion would be spent:

$3 billion to provide more storage, including statewide reservoirs, groundwater banks and local projects.

$2 billion on grants to local agencies, including $108 million for those in the San Diego region, to improve water quality and quantity.

$1.9 billion to help restore the Sacramento delta, hub of the state's water supply system. A share of the money could be used for a new canal to bring water south.

$1.3 billion for rivers and watersheds, for such things as improvements at the Salton Sea, post-fire restoration and removing fish migration barriers such as obsolete dams.

$800 million for water quality, including cleaning up contaminated underground reservoirs that could be used for future storage.

$250 million for water recycling projects.


TOPICS: US: California
KEYWORDS: calbondage; california; calwaterworks; environment; feinstein; govwatch; propose; schwarzenegger; water; waterbond
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To: TheZMan; NormsRevenge
“I wonder how many desalination plants you could build for 9 billion..”

BINGO! WE HAVE A WINNER!

(I like the cogeneration nuclear power plants that not only desalinate ocean water but also generate electricity....can you say “no more blackouts or brownouts!”)

Why between offshore drilling and nuclear desalination/electrical generating plants along the CA coast; we could not only irrigate the entire CA desert for farming & ranching and feed the world but provide electricity for northern, central & south Americas! And all the while, every Californian would receive an annual royalty check for all the oil we sell just like the folks in AK do! Heck with all that revenue, we could probably eliminate the state income tax in the process!

But all the meatheads in Sacramento & D.C. are thinking about are "what fees & taxes we can raise..."

21 posted on 07/10/2008 5:02:39 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: NormsRevenge

Governor Arnold “I can’t spend your money fast enough” Shriver. The overweight version of Gray Davis.


22 posted on 07/10/2008 5:03:22 PM PDT by CdMGuy
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To: NormsRevenge

Maybe Mexico can pay for it since they claim they own Kalifornia.


23 posted on 07/10/2008 5:07:41 PM PDT by Fresh Wind (Tom Manion '08-My only reason for voting this year)
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To: Extremely Extreme Extremist

” Wisconsin...we sit adjacent to two of the largest fresh lakes in the world...”

and the BIGGEST mosquitoes, coldest winters and some of the most hot & humid summers on the continent!

(you can’t BS a BS’er) LMAO


24 posted on 07/10/2008 5:10:18 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: NormsRevenge
I thought voters already approved bonds for water projects two years ago and Sacramento still wants to borrow MORE money? Oy vey!

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

25 posted on 07/10/2008 5:12:33 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop
"I thought voters already approved bonds for water projects two years ago..."

Oh, that was just to get their greasy paws on some more cash. Remember, they never, ever, spend the money for the purpose sought.

Like highway funds.

26 posted on 07/10/2008 5:17:15 PM PDT by Czar ( StillFedUptotheTeeth@Washington)
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To: NormsRevenge
How the $9.2 billion would be spent: ...

Wonderful. Now how the $9,2000,000,000 + interest going to be paid back? Their bond rating is scarcely AAA. As a result they have to pony up the bond yields to get people to buy. IOW, $9,2b over 20 years with a 5% yield...You do the math.

27 posted on 07/10/2008 6:05:35 PM PDT by yankeedame ("Oh, I can take it but I'd much rather dish it out.")
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To: NormsRevenge
Gotta love the blog entries. Where would we be withouth these socialists to save us from ourselves?

7/8/2008
Rosario Marin
I was here today with Governor Schwarzenegger and Senator Perata as the Governor signed SB 1137. This bill is going to be very helpful to a number of people that are facing foreclosure. It requires lenders to talk to borrowers, to consider alternative options before facing foreclosure, and will ensure renters are given more time to vacate properties. It's going to be very good for our communities and for California.

6/26/2008
Charlie Crist
We are so grateful for Governor Schwarzenegger coming to Florida to help us with the Climate Change Summit. The Governor is a great man who truly understands the importance of Climate Change, making sure that it stays front and center, and is a focus both for California, Florida, our country, and the planet.

28 posted on 07/10/2008 7:12:31 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: TheDon; kellynla
What's wrong with you people?

Don't you know you can't desalinate your way to water independence?

(/typical stoopid lib argument)

29 posted on 07/10/2008 7:18:34 PM PDT by Lizavetta
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To: NormsRevenge

More midget steroid madness with a Kopechne advisor speaking to a Jim Jones buddy (Feinstein).

The joke is nearly over, for us.


30 posted on 07/11/2008 12:32:18 AM PDT by wac3rd (LIBS GONE WILD)
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To: NormsRevenge; ElkGroveDan; calcowgirl; Carry_Okie; tubebender; hedgetrimmer; forester; ...
"...and removing fish migration barriers such as obsolete dams."

WATCHOUT FOR THIS ONE!!!

31 posted on 07/11/2008 11:51:53 AM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: SierraWasp
Only in California could the people be sold on the idea of borrowing $9 billion in order to get less of something.
32 posted on 07/11/2008 12:12:05 PM PDT by Carry_Okie (We have people in power with desire for evil.)
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To: Carry_Okie

Truer words were never typed!!!


33 posted on 07/11/2008 12:13:29 PM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: Carry_Okie
This is reality.

Only in California could the people be sold on the idea of borrowing $9 billion.

Whether it's for preserving excessive spending, or bullet trains or water supplies; only in California.

34 posted on 07/11/2008 1:40:54 PM PDT by Amerigomag
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