Saturday, January 10, 2009
HSRA already in trouble
It's only two months since the bond authorization passed, and the high speed rail authority is already in trouble. They're running low on cash, since the state hasn't managed to sell any of the bonds yet. An interesting, and somewhat disturbing, factoid from that article is that the whole Authority has a staff of 6 employees, wedged uncomfortably between the governing board of 9 politicians, including Quentin Kopp and Rod Diridon, and the vast engineering/construction companies who will presumably be doing all of the design, construction, and project management.