Auditor faults state's high-speed rail agency

The San Francisco Chronicle reports:

California's plan to build a high-speed rail system could be in jeopardy because the state agency overseeing the $42 billion project hasn't figured out how to secure enough money, according to an audit released Thursday.

The High-Speed Rail Authority also suffers from lax oversight, poor management and insufficient planning, according to the report by state auditor Elaine Howle.

High speed rail is nothing but a scam.