Tag "infrastructure"

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Assembly committee kills bond misuse bill 8

June 20, 2012 By Katy Grimes SACRAMENTO — California’s bond debt is on steroids, but it’s the taxpaying residents who will be responsible for the financial meltdown. California politicians are well known for their budget fund shifts, “borrowing” from agencies and

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Fuel stations for nonexistent cars 0

May 31, 2012 By Joseph Perkins If you build it, they will come. That was the cockeyed reasoning behind a state grant program to encourage construction of hydrogen fueling stations long before hydrogen fuel cell vehicles are actually motoring along

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Rail system in LA already a low-speed fail (video)

April 13, 2012 By Brian Calle One might assume policy makers would first assess the value, usage and efficiency of existing public transportation before endeavoring on a new multi-billion dollar, taxpayer funded transportation boondoggle like high-speed rail. For instance, LA’s

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CA’s Bond Rating Equals F-Minus Grade 5

APRIL 21, 2011 By WAYNE LUSVARDI Why is there such a large discrepancy between California State Treasurer Bill Lockyer’s assurances that the state is not broke and has plenty of money to pay off its bonds and the state’s effective

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