California is paying the price for recycling a failed governor, Governor Moonbeam, a/k/a Jerry Brown. Can Governor Moonbeam read the writing on the wall and pull the plug on pipe dream of bullet train. I kind of doubt it, from CBS Money Watch:
LOS ANGELES — A new poll finds California voters are experiencing buyers’ remorse over a proposed $68 billion bullet train project, as the number of lawsuits against the rail system grows.Fifty-five percent of voters want to see the high-speed rail bond issue that was approved in 2008 back on the ballot, and 59 percent say they would now vote against it, according to the USC Dornsife/Los Angeles Times survey (lat.ms/N9tTcm) published Saturday.Since the $9 billion borrowing plan was passed, the projected cost of the bullet train between Los Angeles and San Francisco has roughly doubled, and it will now share track with slower commuter and freight trains in some areas, the Times said.
A majority of voters have turned against the ambitious undertaking just as Gov. Jerry Brown is pushing lawmakers to approve the start of construction in the Central Valley later this year.
California already recalled on failed governor. Time to make it two.
