Real estate profit from the proposed Merced section of the proposed high-speed rail may be enough to offset the inevitable union and private grift. But beyond this stretch, once the proposed track gets close to Bay Area or Los Angeles-San Diego metro regions, there'll need to be some kind of transparency about finances and responsive accountability to public censure else the project will be a bottomless money pit for California. Comparisons to China, Japan, France or Germany aren't germane. Better lessons on what not to do and how public money is extracted by organized grifters can be learned from the British HS2 rail upgrade. This is a 345 mile high-speed project, currently plundering $150bn (£114bn) from the taxpayer. That's $433m (£307m) per mile. Keeping everything honest in CA will be an unprecedented challenge.