[NormsRevenge]

To make it payoff, California residents will have to spend a lot more on the lottery - attracted by larger prize payouts - than they do now. If they don’t, the state could hike the sales tax.

Schwarzenegger’s plan calls for the state to sell $15 billion in bonds that would be paid off with the increase in state lottery revenue. Unlike general obligation bonds, which carry the full backing of the state, California would not be required to pay off the lottery bonds.

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The Indians aren’t the only ones running gambling ops. in this state these days.

[goldstategop]

Its borrowing, period. Red Arnold lied to the voters about cutting up the credit cards and reneged on his pledge not to increase taxes. Now he's asking them to authorize more borrowing and raise the sales tax. That's the definition of snake oil salesmanship.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus