Re "Governor eyes cap-and-trade funds" (Page A1, Jan. 6): So, the other shoe drops at last. California's taxpayers will be triple-burdened for Jerry Brown's high-speed rail project, or what I like to call the magic choo-choo. First, state taxpayers will have their fuel and energy bills raised by the cap-and-trade fantasy. Second, they will be encumbered by the financing costs of paying back the project loan. Third, they will face the ongoing costs of maintaining the high-speed rail, which has no realistic prospect of breaking even. But one fantasy pays for the next, so long as our leaders can keep setting up unaccountable funding and spending authorities, taking what they want and spending it where they feel like. Isn't that called money laundering when normal people do it?
-- Martin D. Owens, Sacramento