should the state be able to issue bonds without voter approval as long as they don't legislate an obligation to pay them back
I'm reading that as: Should we let the state borrow money without getting our permission as long as the legislature doesn't pass a law stating that lenders must be repaid?
Did I miss a step here or do you guys have some obscure rule requiring complete honesty on the part of the authors as part of the voter initiative process??
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Wait...
Date: 2008-10-30 06:35 (UTC)I'm reading that as: Should we let the state borrow money without getting our permission as long as the legislature doesn't pass a law stating that lenders must be repaid?
Did I miss a step here or do you guys have some obscure rule requiring complete honesty on the part of the authors as part of the voter initiative process??