I won’t go into too much detail right now, but looks like it’s time to start funding Francine Busby’s campaign.
Duke Cunningham (aka the Duke-Stir) resigned today after admitting that he took bribes:
Cunningham answered “yes, Your Honor” when asked by U.S. District Judge Larry Burns if he had accepted bribes from someone in exchange for his performance of official duties.
“He did the worst thing an elected official can do — he enriched himself through his position and violated the trust of those who put him there,” U.S. Attorney Carol Lam said in a prepared statement.
Now that the special election is fading in our rearview mirror, we move on to something that everybody loves: ROADS!
Sacramento — Gov. Arnold Schwarzenegger is turning his attention to a multibillion dollar infrastructure bond for the state, but his proposals may center on concepts Democrats have been reluctant to support.(Chronicle Nov. 28)
Now, that’s all well and good, but the Governor called that stupid waste-of-time-and-money special election to resolve deficit issues. Yet, once again we’re talking about spending more money?
While Democrats and Republicans favor investing in the state’s roads, ports and levees, the specific projects and how they will be financed could become a contentious issue in the next legislative session. The administration had been careful to say that not all of the money — which could be as high as $50 billion — will come through general obligation bonds, which taxpayers would be paying off for decades. Among the options are revenue bonds, fees and partnerships with private companies.
$50 billion? I think that maybe we should be addressing our underlying concerns of balancing our budget before we start doling out extra cash for roads. Especially with the impending massive cut in federal spending that could be pending:see California Budget Project.
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