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Old Posted Nov 1, 2008, 5:17 AM
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innov8 innov8 is offline
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Join Date: Feb 2005
Location: livinginurbansac.blogspot
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Quote:
Originally Posted by austinjfox View Post
no on 7. its some loop hole for rich idiots to jack up taxes and get richer. Barr for president (yes, im willing to admit that), of course no on 8, YES on 1a! Why shouldn't it pass? People think its a waste of money, but i think its awesome, personally.
The State's budget deficit is currently $15 billion and the governor's thinking of
borrowing an additional $7 billion from the federal government, the State can't
afford any more big bond measures right now.

The California Legislature is still wanting for answers to its financial questions
concerning the HSR business plan that was due back on Sept. 1. At the rail
authoritys Oct. 1 meeting, the rail authority staff complained about
legislative pressure and indicated it would not comply. Lehman Bros., the rail
authority's financial adviser, is apparently out of business and unavailable
to write the business plan. How can taxpayers trust the rail authority with
first phase price tage of $10 billion, given this record?

Vote no on Prop. 1A
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