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That may be true for some twisted definition of "building". Most people would say the money is simply being wasted by bureaucrats, consultancies, etc.
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And when did that project start and how much has it cost and how far can you ride on what they've completed up until now?
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Progress is made on it daily? Great. How soon can I ride it?
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Caltrain, from SF to SJ, is part of the California high speed rail system, and you can ride it right now. It's now electrified at 25KV, welded rail, concrete ties, and compatible with high speed rail. The Stadler trains are capable of 125MPH but are run slower because there are so many stations.
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