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To: randita; *calgov2002; Grampa Dave; Carry_Okie; SierraWasp; Gophack; RonDog; ElkGroveDan; ...
I have been trying to sort out the election options on bonds.

There are many additional options on the local ballots to raise money for various ideas,

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5 posted on 10/29/2002 8:56:23 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
Ernest, very simple. Vote "NO" on all bond issues. All they are are loans which we will have to pay for later. Borrowing from Peter to pay Paul. The bureaucrats have got to learn to operate like a business. If we don't have it we can't spend it. DUMP THE DIMWIT!
6 posted on 10/29/2002 9:00:27 AM PST by kellynla
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Several key independent analysts agree California's debt levels, while rising, are still manageable.

``It doesn't look like these bonds alone will cause a huge concern on our part,'' said Steven Zimmermann, managing director of the San Francisco regional office of Standard & Poor's, a credit rating agency.

``There is some availability in the budget to pay for them. But it is a choice. If you pay for these bonds now, then you have less money to pay for other things.''

Bonds are like IOUs.


Yikes!

7 posted on 10/29/2002 9:19:01 AM PST by NormsRevenge
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