The California Bond Measure 

The California Bond Measure

If you've read much of what I've written, you know I'm no fan of the Governator. I think he ran a dis-honest campaign and it's clear now that he has no clearer idea or plan than Governor Davis did for righting the state's finances. I also don't think much of a bond measure, for $15 billion, no less, that buys us none of the things, such as schools, bridges, roads, or prisons (a perenniel favorite in California) that we usually get out of these measures. It's like taking out a loan to pay for the monthly rent, water, and gas bills.

That said, however, I don't see that we have much choice but to approve the measure on next month's ballot to borrow the money. The alternative is to watch our state's already dismal financial status erode even further. I hope this measure will be a one-time fix, that the politicans (yes, that includes you, Arnie) and the people of California will grasp that we have all share the responsibility for getting into this situation. I'm not optimistic, though.