A Few Random Thoughts For A Monday Morning…
* So it turns out that California voters, by a near super-majority of 64%, want a revote on $9.95 billion in general obligation bond funding that would go towards a high speed rail system in California. When voters approved this funding back in 2008 (barely, by a 52.8% margin) — it turns out it was on the strength of what have turned out to be bogus numbers. Turns out that high speed rail is a heck of a lot more expensive than ballot arguments led voters to believe. In addition to wanting a re-vote, according to the Public Policy Institute of California, 37% of those who voted for the bonds last go around would vote against them if given another chance. So, two action items for the legislature: 1) Place the bonds back on the ballot next year. 2) Apparently the HSR bonds require legislative approval to sell. Don’t give it.
* In his “Willie’s World” column in the San Francisco Chronicle yesterday, Willie Brown romanticizes a recent junket to Cuba. He talks… Read More