Please don't be misled by the erroneous statements made by the opponents to the Veterans Bond measure.
This highly successful program to assist California's wartime veterans to purchase farms and homes has never cost California taxpayers one cent since it began in the early 1920s.
The Cal-Vet program is the only bond act on the ballot that is self-supporting! All costs, including administrative costs, are paid by the veteran borrower. The Cal-Vet program has never been ''subsidized" by California taxpayers. Those veterans eligible for loans are screened for ability to pay and must qualify for a loan just like any home buyer.
Please put aside the smokescreen of ''gloom and doom" and vote FOR Proposition 206. By doing so you show that you are standing firm for our wartime veterans when they stood firm for us.
JIM MORRISSEY
Assemblyman, 69th District
GRAY DAVIS
Lieutenant Governor, State of California