No bailout for California!
Drug programs promoted in the past by the State have never worked. What makes them think it will work now. It’s just money going to the underworld. The state is broke, where are they going to get all this money? The answer is easy............higher taxes.
The only money Prop I’m voting YES on, is Prop 12, which is funding for the Cal Veterans home loan program.
I have heard that these bond proposals are in trouble even among the dems and their illegal alien voting base.
I vote against almost every bond issue that comes up, but they all get passed anyway.
The schools consume half the general fund, yet every election there is another bond for schools and every election it gets passed. It’s “for the children” donchaknow.
The only bonds I generally vote for are for infrastructure improvement. It is a fact that infrastructure improvements pay back in multiples of the cost. Last I read, which was many years ago, infrastructure paid back $8 for every $1 expended.
If they asked for bonds to build new dams, I would vote for that. If they asked for bonds to help update the power grid, I would vote for that.
Just about everything else, I keep voting down until California lives within its means and pays as it goes from taxes, not from borrowing. Yet every election, the flaming idiot do-gooder socialist electorate passes every bond issue on the ballot as if it is not really spending.
The bullet train is a good example of a boondoggle that HAS to be defeated. CalTrain is already heavily subsidized by taxpayes, as are almost all light rail systems. Even the San-Franciso/Oakland Bay Area Rapid Transit (BART), with is constantly full trains, loses money. It only collects 55% of operating costs so the other 45% is subsidized. The bullet train is very neat and I would love to ride on it. It won’t work and will waste huge amounts of money at a time when California needs cut spending dramatically.
At least it won’t pass. All of the bonds are going to be shot down this year. Voters are rightfully scared about the economy and, along with fresh memories of the 3-month delay passing this year’s budget, even they aren’t so stupid as to float a bunch of bonds this year. I expect the idiots to wise up just long enough to vote “no” on all California bonds this year. But then, they are idiots, so I won’t be shocked if some bonds pass. Furious, but not shocked.