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High Speed Rail Boondoggle

September 3, 2009 - 9:44am

California voters passed a multibillion dollar bond for high-speed rail last fall -- despite the fact that there's no clear plan for building such rail (and estimates of the costs far exceed the value of the bond). This is bad news. The prospect of big money -- without a specific plan -- creates, as they say in the retail trade, shrinkage.

This morning comes this story from Shane Goldmacher at the LA Times describing how the state's high-speed rail commission, which has four gubernatorial appointees, are about to give a contract to political advisors to Gov. Schwarzenegger. This is almost certainly legal -- but it smells. For the good of high-speed rail (assuming high-speed rail is real and not merely a big pot of money), this contract should not go forward.

UPDATE: the contract's been delayed.