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What's next for the water bond?By Dan Walters The Fresnobee
It appears certain that the $11.1 billion water bond, the centerpiece
of a historic water policy agreement championed by Gov. Arnold
Schwarzenegger, will be removed from the November ballot.
Concerned
that the bond measure would be rejected by angry, recession-battered
voters, Schwarzenegger and the Legislature's water policy leaders agreed
last week that it should be postponed at least until the 2012 election -
much as an earlier high-speed rail bond issue was postponed until it
could win passage.
It is, however, not quite that simple. The
effect of postponement would be to take Schwarzenegger out of the
equation since his stint as governor will end in six months. And the
water deal's critics are already demanding that postponement should
include a rewrite, which could mean prolonged wrangling or utter
collapse.
As written now, the bond measure is a typical product of legislative
deal-making, which means it forgoes logic and equity in favor of
political expediency.
It's loaded with unconscionable pork - such
as a quarter-billion dollars for Schwarzenegger's pal, billionaire
Warren Buffett, to underwrite removal of dams on the Klamath River that
have absolutely no connection to California's water supply.
Even
more importantly, it would use general obligation bonds to finance water
projects that should be financed with revenue bonds repaid by those who
receive the benefits, not by a deficit-riddled state budget.
It
is another test - not unlike the budget, in fact - of Capitol
politicians' ability to deal with serious issues without resorting to
trickery and payoffs. Would it be possible for Schwarzenegger or his
successor, plus the Legislature, to write a water measure that addresses
the state's very real water problems but also does so equitably and
logically?
The answer, unfortunately, may be no. One reason is
that California's decades-long water debate is not really over water but
over controlling land use, pitting development advocates against those
who want to stop, slow or change development patterns.
That's why
there's been a deep split among environmental groups over the current
deal, between those truly interested in the water supply and the
environmental health of the Sacramento-San Joaquin Delta and those who
see land-use policy as the chief issue.
If a do-over on the bond
issue is politically impossible, however, where does that leave the
elements of the water deal that have already been enacted, such as a
vast change in the governance structure of the Delta?
Perhaps, as
it were, up the creek without a paddle, unable to move without bond
money to lubricate the process.
This may be another of those
made-in-California political knots that cannot be untangled because the
political structure demands a level of trust and accord that the issue
itself, by its nature, renders impossible.
To read the article online The Fresnobee Click Here
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