Is Eureka headed for bond trouble?
Hank Sims at the LCO reports: http://lostcoastoutpost.com/2012/dec/12/city-eureka-looks-sell-bonds-fund-pensions-high-in/
His piece begins “County eyes have widened…” The eyes may have widened, but the feet haven’t moved. Only twelve people showed up at Wednesday evening’s McK USD meeting, according to the T-S. In a democracy, the people get what they deserve. When a democracy turns into a kleptocracy, the best device to use to find the responsible party is a mirror.
Meanwhile, Carrie Peyton Dahlberg of the NCJ offers good advice to anyone involved with school funding who actually cares about getting money for childrens’ educations, as opposed to rolling the dough out for their developer and financier friends.