Turning High-Speed into a Tax-Payer Boondoggle

A group whose lead firm is controlled by Richard Blum, husband of California’s Senator Dianne Feinstein, has been awarded a nearly billion-dollar contract for the construction of the first phase of a “high-speed rail line” linking central California to Southern California. The Perini-Zachary-Parsons (PZP) bid was the lowest received from the five other groups participating in the bidding process.

Low is a relative term in this case because the project ultimately is to be footed by taxpayer monies. And you can bet because of his connection to a seated-Senator, Blum and crew had inside info on the other bids, thus they easily underbid them.

PZP’s bid $985,142,530 to build the first section of high-speed rail track that will tie Madera to Fresno, came in at a mere $35 million per mile. This doesn’t include the cost engines and cars, electrifying the route or land acquisition, of course.

Furthermore, the project will share tracks with conventional commuter rail trains, dropping its average speed to levels long bested by American railways more than a century ago. And in the end, will cost Californian’s twice what it’s budgeted at, take more than five hours to travel what takes less than an hour by air, and will have to charge much more than twice what airlines do for the trip.

This is how an unrestrained federal government operates – and how a state-turned-kingdom submits to its unbridled corruption, dressed up as a public-private partnership.

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