Sen. Diane Feinstein’s husband wins CA rail contract
April 26, 2013
By Katy Grimes
U.S. Sen. Diane Feinstein’s husband Richard Blum, won the first phase construction contract for California’s high-speed rail.
I’m shocked, shocked I tell you.
If I didn’t witness the insanity and corruption in politics every day, I wouldn’t have believed this.
“The Perini-Zachary-Parsons bid was the lowest received from the five consortia participating in the bidding process, but “low” is a relative term,” the Laer Pearce, author of Crazifornia wrote. “The firms bid $985,142,530 to build the wildly anticipated first section of high speed rail track that will tie the megopolis of Madera to the global finance center of Fresno. Do the division, and you find that the low bid came in at a mere $35 million per mile.”
“As this fiasco progress, remember that this $35 million per mile represents the best California can do on the section of track the High on Crack Speed Rail Authority selected to go first because it will be the cheapest,” Pearce said.
Read Pearce’s story here. And stop staring dumfounded at the computer screen. Yes, this is true.
Related Articles
Trash train fiasco illustrates private vs. public double standard
This story in the Orange County Register illustrates a common CalWatchdog theme: In the private sector, incompetence leads to companies
CalWatchdog Morning Read – September 12
What happened to CA oil exploration? Did governor’s veto threat sink CPUC reform? Out-of-state financial support for pot legalization causing controversy
Reason Chides GOP Charlatan
Steven Greenhut: Reason magazine’s Tim Cavanaugh rightly slams the First 5 California preschool bureaucracy formed by meathead voters who voted
