We've chronicled some whopper boondoggles on these pages but for its concentrated scale and sheer audacity, this one is worthy of being ranked right towards the top.
Who's up for $1 billion/mile rail line in San Fran that doesn't even hook up with the BART line and isn't near being fully funded yet?
This near two-mile railroad to nowhere will cost $1.6 billion and we all know the costs of these types of projects never... repeat, never go down, only up.
They're funded to the tune of $700 million, currently and the city thinks they can scratch together $500 million from other sources but that still leaves them almost another $500 million short.
Not to worry. This is Pelosi country. They'll get the cashe under some such gimmickry like infrastructure stimulus. Take it to the bank.
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3 comments:
Yay a choo choo train! Maybe when it is complete they can take school children on field trips on the train. Who could oppose that?
[Sarcasm]
Hey this might create 8 jobs!
Talking Heads song Road to Nowhere comes to mind:
http://www.youtube.com/watch?v=AWtCittJyr0
Love the 'Heads and love that song.
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