I think it's important that you know where I stand, what I believe and what may happen before I'm elected, not after you elect me. I propose that we fix the (budget) problem with an equitable mix of budget cuts, restructuring the city pension plan, and if necessary -- and only as a last resort -- I might ask the voters to consider a sales tax increase of one-half cent. |
I think we could put it at the Old Globe. It's great theater and they're both good at it. |
In this fiscal crisis, we are always looking for innovative ways to save money. This project is exciting because it not only saves the city money, but it also saves energy, improves the local economy, reduces global warming and moves our city towards energy independence. |
Pension obligation bonds is just a nice way of saying we're going to go borrow more money to pay for the money that we owe. That means that that debt, if you look at it over 30 years, guess who gets to pay that? You do. The students of today will be the people who are the debt payers of tomorrow. |
Whether or not (Torrey Pines) is a believable example, do believe me when I say today that (people) have expressed interest in buying Torrey Pines Golf Course and some of the other lands that I believe should remain in public hands. I'm just saying the potential exists. |