Sunday, November 27, 2005
The Localist
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Arkansas Watch
4 Comments:
I have hear that even the experts can't figure out whether the education bonds would allow the state to keep issuing new bonds without a new election.
When in doubt, throw it out!
sounds like a talking point right off the fax machine. If we can't afford it now, then how can we afford "it" plus interest and bond fees later?
Financing a house is fine because just building one room is useless unless the others are in place. With roads we can indeed do them a bit at a time- that was how Hammerschidt did 540!
And anyway, you are changing the subject. The question is should THIS bond plan be approved.
The college bond issue is just as big a scam as the highway version. They say that $100 million will be used to pay off existing bonds, but the existing bonds are zero-coupon non-callable, so that is a lie. They say they'll use 412.5 million to put in a high speech internet, but Governor Huckabee has already funded part of that project with GIF funds. What they're asking us to do is give the egg-head academic administrators a blank check and $24 million a year in general revenue to pound down a rat hole. Let's vote NO.
Cool guestbook, interesting information... Keep it UP
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