Richard Cabeza
New member
your tax dollars go? http://www.latimes.com/news/local/la-me-build1-20110227,0,4097709,print.story
I can't believe how dense people are to keep supporting bond measures. I swear california voters are the least informed and never realize that it means TAX HIKES! The weather is nice out here but the state government has a spending addiction. One official claimed it was like the movie Brewster's Millions where Richard Pryor's character has to spend money as fast as he can.
"It hired an expert in feng shui, for $250 an hour, to give advice on harmonizing new buildings with their surroundings."
Eisenberg once joked about the challenge of spending up to $31 million a week.
"There was a movie some time ago about someone giving money, and they had to spend it in a certain amount of time," he told a business group in downtown Los Angeles in 2009. "Well, they didn't know us."
By 2007, it was clear that the $2.2 billion in bond money would run out long before the district had finished all the projects on its list. The trustees decided to go to voters once more, this time with the biggest bond measure of all — a $3.5-billion proposal, Measure J, on the November 2008 ballot.
Contractors put up nearly two-thirds of the $1.9 million raised for the ballot campaign. Measure J passed with 70% of the vote, more than doubling the size of the construction program.
Taxpayers will be repaying the debt until at least the 2050s. With interest, the bill is likely to exceed $11 billion.
@Demo man bond measures are taxes: "Taxpayers will be repaying the debt until at least the 2050s. With interest, the bill is likely to exceed $11 billion."
I can't believe how dense people are to keep supporting bond measures. I swear california voters are the least informed and never realize that it means TAX HIKES! The weather is nice out here but the state government has a spending addiction. One official claimed it was like the movie Brewster's Millions where Richard Pryor's character has to spend money as fast as he can.
"It hired an expert in feng shui, for $250 an hour, to give advice on harmonizing new buildings with their surroundings."
Eisenberg once joked about the challenge of spending up to $31 million a week.
"There was a movie some time ago about someone giving money, and they had to spend it in a certain amount of time," he told a business group in downtown Los Angeles in 2009. "Well, they didn't know us."
By 2007, it was clear that the $2.2 billion in bond money would run out long before the district had finished all the projects on its list. The trustees decided to go to voters once more, this time with the biggest bond measure of all — a $3.5-billion proposal, Measure J, on the November 2008 ballot.
Contractors put up nearly two-thirds of the $1.9 million raised for the ballot campaign. Measure J passed with 70% of the vote, more than doubling the size of the construction program.
Taxpayers will be repaying the debt until at least the 2050s. With interest, the bill is likely to exceed $11 billion.
@Demo man bond measures are taxes: "Taxpayers will be repaying the debt until at least the 2050s. With interest, the bill is likely to exceed $11 billion."