Showing posts with label Public Sector. Show all posts
Showing posts with label Public Sector. Show all posts

Saturday, July 03, 2010

High Speed Rail Criticized.

Reason magazine points out a recent study on projected ridership.

And the new High Speed Rail chief - Roeloff von Ark - gets a mention in this Reason article:

New CHSR Authority CEO Roelof van Ark will be starting out with a hefty $375,000 salary, making him the third-highest-paid non-university official in California. The Contra-Costa Times reports Van Ark's pay is more than half again the salary of the governor, and notes that the only higher-paying gigs are the State Fund Chief and the president of the California Institute for Regenerative Medicine (another cush gig created by the approval of a bond giveaway).


The paper quotes assorted officials calling the deal a bargain because Van Ark could be making even more in the private sector. (Strangely, that includes the reputedly parsimonious CHSRA board member Quentin Copp, presumably because there's something about a train that's magic.) And besides, other people who play with trains nobody rides get paid too much too, so it's only fair:

The authority added that the head of San Francisco Muni makes $328,000 while the Los Angeles transportation chief earns $310,000. BART's general manager makes $299,000, Santa Clara VTA's CEO makes $290,000 and Orange County's transportation head has a salary of $267,000.

Welkom, Roelof! Stop by anytime, but you'd better drive.
 
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