Skip to main content

View Diary: GOP obstructionism becomes treason on debt ceiling (61 comments)

Comment Preferences

  •  two faced bastards gutting calif school districts (0+ / 0-)

    start here:

    Paying $56 Million to Borrow $4 Million: School District Capital Appreciation Bonds in Humboldt County

    and/or here:

    LCO Bombshell: will McK schools really pay $56M to borrow $4M?

     for a look the local contractors/bankers business oriented RW school board voting in a bankrupting-in-the-far future CAB type school bonds with deferred payments costing 11-13, even up into the 20's and 30 times..wait ..TIMES what the original borrowed amount is/was!
       Then  look at the original LA Times article:
    California school districts face huge debt on risky bonds
    and look at the LA Times Capital Appreciation Bonds spreadsheet.

    Now I was looking first at the local blogs and saw this...and then the LA times indicating they have and are doing this all over California, and my conclusion is that if they can get away with this out here in Smarter than the rest of you saps California, what havoc have they been wreaking around the country?

    Touched I am by the 'business' orientation of those nicely dressed responsible school board members...their business is getting in on these deals somehow, somewhere, and if they aren't jailed for it they should be disqualified for stupidity.

    Morals, ethics, how quaint, and certainly not a 'business' orientation....but I'm not bitter and 'you didn't hear that from me.'

    (Sry John I just saw all this and here this was...please continue sir..:>)

    I don't know if this was diaried here on big Orange or not but next time some nicely dressed corrupt rw'er says 'run it like a business' I'll stab him in the .. kick him in th.....I haven't the werds...and it seemed to fit this diary, so....

    This machine kills Fascists.

    by KenBee on Sun Dec 02, 2012 at 07:55:19 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site