G7 aims to raise $600 billion to counter China's Belt and Road
#19

https://calmatters.org/politics/2022/05/...-standoff/

California Democrats are locked in one of the most consequential disputes in modern state history over the future of the Los Angeles-to-San Francisco high-speed rail project after a decade of troubled construction.

The $105 billion bullet train project — for which $10.3 billion has been spent so far — would be the largest single investment in state history, the most ambitious civil works effort in the nation and now a symbol to many experts of how not to build a railroad, all of which define the stakes in the current impasse.

The feud has festered for 16 months, since Gov. Gavin Newsom asked the Legislature for a $4.2 billion appropriation in early 2021. The request has triggered a standoff with Assembly Democrats, who have steadfastly refused to hand over the last remaining funds from a 2008 bond measure for high-speed rail.


“The project is not proceeding according to a robust plan, which results in waste and other inefficiencies,” said Bent Flyvbjerg, a business expert in mega projects at the University of Oxford’s Saïd Business School and IT University of Copenhagen.  “Given the political divisions, the cost growth, the schedule delays and the lack of a sound future revenue source, this project is going to the graveyard of famous boondoggles.”  Rotfl
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G7 aims to raise $600 billion to counter China's Belt and Road - by Bigiron - 27-06-2022, 07:07 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by WhatDoYouThink? - 27-06-2022, 07:11 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by singlon - 27-06-2022, 07:18 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Niubee - 27-06-2022, 07:32 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 07:52 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Odessy - 27-06-2022, 07:57 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Migrant - 27-06-2022, 11:00 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 08:17 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by WhatDoYouThink? - 27-06-2022, 09:17 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 09:26 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by kokee - 27-06-2022, 08:23 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by kokee - 27-06-2022, 09:55 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by kokee - 27-06-2022, 12:36 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Notdumb - 27-06-2022, 12:41 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by WhatDoYouThink? - 27-06-2022, 02:56 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by webinarian - 27-06-2022, 03:43 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Bigiron - 27-06-2022, 09:28 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by maxsanic - 27-06-2022, 09:50 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Huliwang - 27-06-2022, 09:57 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by SotongOngTee - 27-06-2022, 09:59 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Migrant - 27-06-2022, 11:06 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by growthorvalue - 27-06-2022, 11:10 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 11:24 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 11:26 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by RiseofAsia - 27-06-2022, 11:34 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Manthink - 27-06-2022, 12:03 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 11:36 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by WhatDoYouThink? - 27-06-2022, 11:43 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Manthink - 27-06-2022, 11:55 AM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Tangsen - 27-06-2022, 12:03 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 12:12 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 12:09 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Ernesto - 27-06-2022, 12:12 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by [[ForeverAlone]] - 27-06-2022, 12:14 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Huliwang - 27-06-2022, 12:36 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 01:09 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 12:27 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by [[ForeverAlone]] - 27-06-2022, 01:12 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 01:20 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Harry Lee - 27-06-2022, 01:32 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Migrant - 27-06-2022, 01:37 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Manthink - 27-06-2022, 03:17 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 03:53 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 01:54 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Fleetdestroyer - 27-06-2022, 02:25 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Fleetdestroyer - 27-06-2022, 02:48 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by Manthink - 27-06-2022, 03:18 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 03:54 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 03:56 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by RiseofAsia - 27-06-2022, 04:04 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 07:21 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by mikotan - 27-06-2022, 10:00 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by lvlrsSTI - 27-06-2022, 10:41 PM
RE: G7 aims to raise $600 billion to counter China's Belt and Road - by cityhantam - 27-06-2022, 10:45 PM

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