Yikes...mega-bond
The Schwarzenegger Plan for Infrastructure Renewal is even more massive than I imagined.
He proposed a sweeping $222.6 billion public works program that would require the largest bond package in state history. Schwarzenegger said the plan is necessary to keep pace with California's expanding population, which is expected to reach 46 million people by 2025.I'll withhold opinion until more details emerge.
The state has not embarked on such a massive series of public works projects since the 1960s. His plan would need to be approved by the Legislature and then go before voters in a series of elections between 2006 and 2014.
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My opinion as a raging liberal is:
Holy shit, we can't afford this!
Yeah, my raging conservatism is saying the same thing.
Bond details:
1,200 miles of new highway lanes
600 miles of mass transit
101 new courts
2 new prisons
140,000 classrooms modernized
40,000 new classrooms
2,000 small schools
1 new crime lab
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/01/06/MNGSPGIFLK1.DTL
So my friend knows the contractor that is building many of these buildings...
Basically, the Republican party is pouring money into California, building schools and what not... hoping to make this state red.
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