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Two other reasonsto say no to Prop. 5
Re: “Reject Prop. 5 move to ease bond approval” (Page A8, Sept. 15).
Thank you for your thoughtful, history- and fact-based editorial opposing Proposition 5 (which would reduce the voter threshold for passing borrow-and-tax bond measures for all California local governments from two-thirds to 55%).
The following macroeconomic factors provide additional reasons to vote No on Proposition 5:
1. Cumulatively, the increasing number of massive bonds that all of our federal, state and local governments are using is substantially pushing up interest rates for all of us, preventing many Californians from buying their first home.
2. Approximately half of the property taxes authorized by these measures will go to pay for interest to the lenders, not for the actual construction costs.
John HaggertySanta Clara
This election, let’sturn the page on Trump
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Why do people remain loyal to Donald Trump despite his incoherent rants and lies? It’s simple, they hate whatever he hates: immigrants, government regulations, women’s rights, gun restraints, the educated electorate, civil liberties, climate control legislation, libraries, LBGTQ, the Affordable Care Act, NATO, the justice system, the media, and anyone who challenges him. He gives people the right to be angry, profane, and violent. And, then, of course, there are the uber rich who look for more profit and power.
So, we can turn the page on the vitriol of the Trump era by rejecting him not by a slim margin, but by a landslide.
Claudia ParkerSan Jose