Report From Freedonia

Local school board can't do the math

Old news but a good day to talk about it -- if you're not heavy in the stock market.

Hello?  A half a billion dollars of bonds for school buildings?

Apparently, too many people on the Guilford County school board missed the news about collapsing credit markets.

You are broke, the taxpayers are broke and the financial houses of China and Japan no longer see the point of continuing to underwrite our ongoing lifestyles.

The Guilford County Board of Commission should not agree to hand uninformed voters the bond knife yet one more time to cut their throats with.  As leaders, they need to learn to say, "NO."

Citizens are going to have to learn to live with a generation of young people that will be taught basic critical thinking and communication skills in old buildings.  Debtors don't make the rules.  Nobody wants our county and municipal debt...not at anything close to current rates anyway.  Sorry.

BTW: Local and State governments are going to have to reserve what bond options they have left just to raise money to cover government employee retirement checks they are underwater on.

New Year's Resolution - More Blogging

I have been so busy elsewhere on the web my poor little blog has been left wanting.

Planning and execution of an end of year trip to Chile also cut into my time calendar.

I promise to do better for 2008!