$10 Billion Is the Ultimate Price Tag for Honolulu's Rail Boondoggle
by Panos Prevedouros, PhD, Fix Oahu, May 15, 2016
Back in January 2016 the Honolulu Civil Beat published my opinion with the title: $10 Billion: The Ultimate Price Tag for Honolulu Rail?
On Friday, May 13, 2016 the cost or rail was pegged by HART at $6.9 Billion.
On Sunday, May 15, 2016 the cost or rail was pegged by FTA at $8.1 Billion.
On March 20, 2016, the New York Times published an article that included my opinions with the title: Hawaii Struggles to Keep Rail Project from Becoming A Boondoggle.
Given these cost updates (while less that one third of the project has been built), clearly the question mark is no longer necessary, and the project is a verifiable boondoggle. Thus: $10 Billion Is the Ultimate Price Tag for Honolulu's Rail Boondoggle
I am sorry that Honolulu voters did not pick me in 2008 or 2010, or past-Gov. Ben Cayetano in 2012 for mayor. Honolulu's punishment in now too severe, and we haven't seen the half of it yet.
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