Posted on 05/11/2014 1:50:51 PM PDT by george76
The estimated cost of the initial segment of California's bullet train, Golden State Governor Jerry Brown's pet project, has (excuse the pun) just shot up from $6.19 billion to $7.13 billion. If this is the only overrun encountered in this opening phase, which would be atypical, and if the California High Speed Rail Authority has similar experiences on the remainder of the project, assuming it's ever completed, its cost will rise from a currently estimated $68 billion to about $78 billion.
Obviously a big cost overrun is news. But normally, evidence of an attempted government coverup of such an overrun is even bigger news. But not at the Los Angeles Times. The paper's Ralph Vartabedian kept it out of his headline and waited until his story's ninth paragraph to note it. Even then, his description was needlessly vague
(Excerpt) Read more at newsbusters.org ...
That's exactly what I predicted when San Francisco BART was proposed, designed and built, IF labor unions were allowed to become the tail that wags the dog.
Which is exactly what happened. The unions can paralyze the system any time it chooses. There are insufficient parking lots at the stations which, I think, were proposed to be free but which no longer are.
The only thing that makes the impossible possible is the artificially high wages in San Francisco, and the corresponding sky high cost of living, primarily housing.
And the uncontrolled wages for this other welfare program, BART, are obscenely high. No secret, the wages are posted on line.
Today...a “scoop” that will destroy a democrap will get you blacklisted and an IRS audit....sad isnt it
The legacy of the LAT in manipulating the real estate business in California is second only to the Southern Pacific Railroad.
Farmland is flat and cheap, especially when you put the farmers out of business with water restrictions. Buy land along the corridor for "planned communities" as subsidized by carbon credits because of "no need for cars" and voila, a fat profit.
“Forget it, Jake, it’s Chinatown.”
“The Brown Streak”
Annnd we have a WINNNAAAHHHH!!
If you haven't seen it, there's a well documented book about this kind of corruption badly written by a disaffected but honest leftist journalist, Richard Trainor: Paradise Lost?: High-Speed Trains Get Waylaid, Shady Politicians Get Billions and Taxpayers Get the Shaft!
“So why do the socialist want to push trains as the mode of transportation for the future?”
[singing] Look for the union label...
These things are NEVER about getting people from one place to another; NOT *EVER*. They’re ALWAYS about pumping tax money into UNION pockets so it can be oh-so-dutifully regurgitated on demand into the coffers of the Democrat Party.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.