■ Chronicle News Staff Editor’s Note: Voters in November will be asked to weigh in on nearly a dozen ballot measures. Many are good intentions that involve pledging California taxpayers to providing new services, but paying for them with borrowed money. Through bonds, these measures often commit taxpayers to taking out huge loans that require paying lenders millions of dollars in interest over multiple decades. (One wonders if some of these aren’t sponsored by the state’s banking industry for the amount of interest they generate for investors.) We urge all residents, particularly those who are retired and on fixed incomes, to think carefully before voting yes on any of the bond
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