State Government can't get citizens to fall for a tax increase. Now, they try to get around it by having the state to go into debt, which only postpones the pain and will need to be repaid by our children.
Stop abusing our children! Don't saddle them with a massive debt burden so that you can continue to overspend irresponsibly. Your desire to "invest" in stocks using our tax money is bad enough. Don't compound the problem by borrowing the money first.
State government is horrible at picking "the right company" to invest in. The opportunity for graft, corruption, misuse, waste and loss is practically guaranteed. If this bill and the constitutional amendment needed to make it possible actually occur, then I predict this money will be gone in twenty years, the companies who benefited by it will be gone, and my kids will have to be taxed to pay it back.
I won't enjoy saying, "I told you so" like I did for the Sugar Beet Processor "investment".