Vote No on the Bond Boondogle

Against_the_Bond

There will be a $2 billion bond issue on the March 15 ballot called Connect NC. This is another bipartisan boondoggle with a deceptive name. The loan request is not for transportation funding or K-12 education projects.

The $2 billion will go into the “Connect NC” fund, a committee chaired by a whole host of politicians, who will divvy up 66 percent of the money to the NC college systems, and hundreds of millions of dollars to parks, zoos, agricultural “research,” and other political pet projects across the state.

The only thing this bond will connect is your wallet to the special interest groups that support it. As with most programs touted as bipartisan, the more bipartisan support a bill has, the worse it is for your liberty and your well-being.

Bonds are just deferred taxes. They are taxes on our children and grandchildren. It is simply a lie that this bond issue will not result in a raise in taxes. Someone will have to pay for the the interest when the bonds are repaid, and you can bet it won’t be the Democrats and Republican legislators, or the lobbyists and special interest groups who support this bill.

Since tyranny is usually better organized – and funded – than liberty, the effort to promote this bipartisan boondoggle program to increase the debt is well funded by special interest groups.

But a grassroots referendum committee, NC Against the Bond, is organizing a petition drive to oppose this debt increase. Go to AgainstTheBond.com and sign the petition to oppose this debt increase. Follow them on Facebook.

Vote no on the bond issue in March.