Tag Archives: Michigan schools

California’s wake-up call from “Michigan blogger”

By Joel Thurtell How does it happen that a retired reporter in Michigan breaks news that could change the way schools are financed in California? On March 27, 2012, I found a comment here on JOTR warning that a financial … Continue reading

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Kicking debt down the road

It’s hard to persuade people to vote for school construction that costs property owners, say, four bucks on a thousand dollars of their property’s value. But tell them the cost will be a buck and hey! Nobody begrudges the cost … Continue reading

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CABs = compound trouble for California

By Joel Thurtell The arcane name for the financial parasites compounding California school debt is “Capital Appreciation Bond.” The California Senate’s Commerce and Finance Committee will consider a ban on CABs at its May 9 meeting. Let’s hope the California … Continue reading

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