645. Is California Serious!

How many $m or $B in debt is California today? And now they approved another $4.5B for a rail project we all know is going to be 10x more! Plus, they are banking on the Federal Government, yes, the green stuff in my wallet and yours, to fund them another $3.5B. Another OBlunder handout! Thank Jerry Brown for putting California in deeper debt. A recommendation for my son living in California: stay away from the debt bonds that are going to be sold! I believe everybody can agree that a fast rail system in California would be nice. However, it just isn't practical given the debt of California already and the debt of the Federal Government. Wow, your kid's, kid's, kid's, kid's will still be paying for this rail if it ever even gets finished. Enjoy the construction mess! Well, one way to improve jobs is to BORROW money to support bridges to no-where.