The cabal of unions, politically connected companies, bureaucrats, and Democrats that runs California has a clear strategy for continuing to spend money beyond tax revenues, enriching themselves at the expense of obligating the taxpayers to huge debts. It is really quite simple: commit so much money to projects that cancelling them can be portrayed as more wasteful than finishing them.Two project exemplify this strategy.The state's fanciful high speed rail project, which will have to charge fares higher than airline travel,  is letting contracts for the first segment of line, from nowhere to nowhere in the rural Central Valley. This line will be useless unless the entire system is completed. It is so absurd that the Legislative Analyst's Office has attacked it:The California Legislative Analyst's Office on Tuesday recommended that the state's proposed high-speed rail system start in Los Angeles or the Bay Area - not in the Central Valley.The...(Read Full Post)