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Porsche-O-Phile Porsche-O-Phile is offline
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Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
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I support bond measures more than I do new taxes.

With taxes, there's no incentive for responsible spending. With bond-backed initiatives (borrowed money) there is. It's like you or I going out and getting a personal loan, a mortgage, a car loan or buying something on credit. If you use the tool responsibly, it can work to your betterment. If you're a f*cktard and spend like a drunken sailor in a brothel, you'll pay the price for it in the form of slashed credit ratings, financial problems, etc.

The biggest problem with it is that some of the bond measures (and their implications, if the money is not spent carefully and wisely) will outlast the tenure of the politicans administering it. That's the real problem. To solve this, I'd recommend the same sort of criminal penalties that a corporate officer might be subject to for wanton waste, disregard, irresponsible behavior and misuse of his charge of authority - even after being removed from that position or retiring years later. Hold the politicans accountable - criminally - for their actions in office and you'll see an improvement.
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Old 11-08-2006, 08:08 AM
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