Most Popular
- David Di Sabatino Is Drawn to Charismatic Christians. But Nothing Prepared Him for Larry Norman
- [Election 2008] 25 Reasons Why John Sidney McCain III Sucks
- [Moxley Confidential] The DA's Office Reacts to a Naughty Episode of Prosecutorial Misconduct
- The Pastrami Sandwiches at Tommy's Are Massive, Glorious Gut Bombs
- [Moxley Confidential] Sheriff Hutchens' Concealed-Weapon Policy Prompts Talk of Homosexual Plot
Recent Blog Posts
Wildfires Just a Sneak Preview?
Wed Nov 19, 10:31 AM
To Do Tonight 11//19
Wed Nov 19, 9:46 AM
Jim Gilchrist to Speak at Long Beach State Today--Students, Please Go
Wed Nov 19, 7:31 AM
Taco Bell Crime of the Week, Part VI
Wed Nov 19, 1:19 PM
Curly Tops
Wed Nov 19, 12:00 AM
Benihana--You Knew This--Sucks
Tue Nov 18, 7:08 AM
Low vs. Diamond and Barcelona Bring Their Tour to Costa Mesa
Tue Nov 18, 6:00 PM
Album Review: Isobel Campbell & Mark Lanegan, 'Sunday at Devil Dirt'
Tue Nov 18, 12:46 PM
Satisfaction's Michael Rosas Acoustic Tonight!
Tue Nov 18, 10:03 AM
SLIDESHOWS
National Features >
Broward-Palm Beach New Times
Fear of the Queer
Do black voters need to get over their homophobia?
By Bob Norman
Riverfront Times
Lip Service
The American Mustache Institute works to make facial hair hip again.
By Matt Kasper
Village Voice
Insane Asylum
Welcome to America, freedom fighters. Now go home.
By Elizabeth Dwoskin
Seattle Weekly
The Closer
How a Seattle man made a killing off the misery of local homeowners.
By Nina Shapiro
Be Social
They Didn't Pave Paradise: The top 10 reasons why the Foothill South Toll Road extension failed
Continued from page 1
Published on February 13, 2008 at 12:43pm
-
Keith May
The TCA don’t surf
10. ALL HAIL WALL STREET. Since the creation of the money pit called the San Joaquin Hills toll road in the late '90s, the biggest winner in Orange County's toll-road game has been Wall Street investment houses, who've nabbed hundreds of millions in fees for selling and reselling us massive debt. The big loser? Local taxpayers, who sat by quietly while elected officials allowed the TCA to gain "non-compete" clauses that prohibited public road improvements on Interstates 405 and 5, all in the hopes of driving miserable drivers to use toll roads. The creation of a new toll road would have brought similar insanity.
R. Scott Moxley contributed to this report. For more, see our Toll-Road Archive at www.ocweekly.com/news/investigations, as well as blogs.ocweekly.com/navelgazing/241_toll_road.
OC Weekly Insiders
- Local food, music and news blasts
- Free Stuff
