It's not real money anyway, it's just borrowed paper.
Altho you would think that what investment bankers and brokerages will make off of this little package ought to concern some, especially how much of it comes back to politicos who are greasing the skids for this latest attempt at fleecing the taxpayers.
Unless the "Public Works" includes a wall across the Mexico California border I'll vote no.
Since the last estimate of what illegals cost California was about $10 bil a yr, and that excluded many items, It would take a little over 2 yrs to pay for something like this with that amount of money.
They can use the money they are wasting on illegals instead as far as I am concerned.
ROTFLMAO. Right, this is really going to happen. It's our money guys. Take it back.
An illegal circumvention of the educational funding code designed to underwrite the failing LAUSD; well out of proportion to their actual student enrollment.
Just say NO.
Here's the whole package of the Strategic Growth Plan--according to Perata:
Bonds—all November 2006 ballot (54 votes)
SB 1266 / SB 86—Transportation $19.9725 billion
SB 1689 / SB 364—Housing 2.850 billion
AB 140 / SB 87—Flood protection 4.090 billion
AB 127 / SB 79--Education Bond 10.416 billion
Total $37.3285 billion
Appropriation bill (54 votes)
AB 142 / SB 524—$500 million (General Fund) for pay-as-you-go levee repair
Policy bills (41 votes)
AB 143 / SB 59—Design-build
AB 1039 / SB 677—Environmental streamlining
AB 1467 / SB 797—Public-private partnerships
-------------------
AB 127 / SB 79
Education bond: $10.416 billion
K-12 facilities: $7.329 billion
o $1.9 billion for new construction
o $3.3 billion for rehabilitation and modernization
o ($200 million for small high schools—included in new construction and modernization above)
o $1 billion for hyper-dense overcrowded schools
o $500 million for career technical education facilities
o $500 million for charter schools
o $100 million for “green” schools
o $29 million for joint use facilities
Higher education: $3.087 billion
o $1.580 billion for UC and CSU
o $1.5 billion for community colleges
SB 1266 / SB 86
Transportation & air quality bond: $19.925 billion
Mobility, transit, congestion relief: $17.250 billion
o $4.5 for high priority corridor improvements
o $1 billion for State Highway 99 Enhancement Plan
o $2 billion for trade infrastructure
o $2 billion STIP augmentation
o $4 billion for rail, bus, transit improvements
o $750 million for SHOPP and ITS
o $1 billion for State-Local Partnership Program
o $2 billion for local streets and roads
Safety, security, disaster preparedness: $1.525 billion
o $1 billion for transit safety and disaster response (new program)
o $100 million for Port Security Program
o $125 million for local bridge seismic retrofit
o $250 million for grade separations.
Air quality: $1.2 billion
o $1 billion for port air quality
o $200 million for school bus retrofit and replacement
SB 1689 / SB 364
Housing and land use bond: $2.85 billion
Affordable housing: $1.50 billion
o $345 million for multifamily housing
o $300 million for Cal Home homeownership program
o $200 million for CHADAP downpayment assistance program
o $195 million for supportive housing
o $135 million for farm worker housing
o $125 million for the Building Equity and Growth in Neighborhoods (BEGIN) Program
o $100 million for affordable housing innovation
o $50 million for homeless youth housing
o $50 million for domestic violence shelters
Infill incentives: $850 million (up to $200 million available for urban parks)
Housing-related parks in urban, suburban, and rural areas: $200 million
Transit oriented development: $300 million
AB 140 / SB 87
Flood protection bond: $4.090 billion
$3 billion for levee inspection, repair, flood control improvements, and delta levee protection
$500 million for flood control subventions
$290 million for flood corridors, bypasses, and flood plain mapping
$300 million for storm flood management