Shock and surprise: Diane Feinstein’s husband’s company lands big high-speed rail contract

Posted by: Phineas on April 26, 2013 at 6:26 pm

**Posted by Phineas

"Train wreck"

“Train wreck”

Because, at nearly $35,000,000 per mile, they surely had to be the cheapest:

Out of the entire universe of those who could have won the first phase construction contract for California’s high speed rail boondoggle, who would stand out as the last person who would win it if there were no political patronage.

Put another way, who is the most likely person to win it if there is political patronage?

Both questions have the same answer: Richard Blum, the husband of California senator Diane Feinstein.

So, who won the contract? Blum, of course, as the principle owner of Tutor Perini, the lead firm in the three-firm consortium selected by the California High Speed Rail Authority.

Yes, Diane, it really does look that bad to us little people.

The group lead by Tutor Perini bid $985,000,000 to build the initial 29-mile stretch, roughly from Fresno to Madera, which doesn’t include the costs for electrification and land purchase. And, as Laer points out at Crazifornia, they started with this section because it’s the cheapest. (I can’t wait to see what the bids are to lay track through the mountain passes…)

I’m sure it’s just a coincidence that the principle owner of the company is husband to a powerful United States senator, who happens to be from the state building said rail system. I mean, it’s not as if there have been any allegations of self-dealing before.

I’m about as shocked as Louis was in Casablanca:

via Katy Grimes

UPDATE 01/30/2014: It appears Blum divested himself of Tutor-Perini stock in 2005, calling into question much of the Crazifornia article. The rail deal still stinks like a fish left out in the sun, however.

(Crossposted at Public Secrets)

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14 Responses to “Shock and surprise: Diane Feinstein’s husband’s company lands big high-speed rail contract”

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  1. Drew the Infidel says:

    It seems to be the commiecrat way of doing business. When Harry Reid first went to DC he was so broke he could not buy a sick whore a drink but is now a multimillionaire.

    “Out of the crooked timber of humanity no straight thing can ever be made.”–Immanuel Kant

  2. Tango says:

    …payolla for pushing the the “assault weapons ban,” neh?

    As ole King Solomon said, there is truly nothing new under the sun.

  3. Carlos says:

    Gosh, this is shocking! Who ever heard of an elected official, especially one from CA, getting financially rewarded beyond most peoples’ wildest dreams simply because of the position of power they’re in?

    And Drew, there was a political embarrassment from Texas that was poorer than Dingy when he went to Congress, and he ended up assuming the presidency from the one people used to think was the richest man ever voted into that office. And the one he assumed office from just happened to be murdered in the formerly poor man’s state. LBJ was never questioned about it, either, about how he made all that money on a congressional salary or about JFK being murdered in his (LBJ’s) home state. Not saying he was involved in the assassination, but over my many decades of watching people I’ve figured out there are very, very few coincidences in life.

  4. marlok1 says:

    LOLOLOLOLOLOLOLOL PIG 1 AND PIG 2

  5. MegaRog says:

    I too am shocked….

  6. Josh Simes says:

    This follows quickly on ANOTHER insider deal involving Feinswine and Blum. The USPS is selling or leasing out numerous extremely valuable buildings and real estate as it closes many post offices. Guess who gets the real estate listings? Blum. That deal also has many followup opportunities for kickbacks, grafts, selling cheap to favored buddies, making cheap lease deals with kickbacks, etc. This contract was awarded without any kind of proper notice or competitive bidding.

  7. Jay Stevens says:

    All just a coincidence.