Los Angeles, CA. The Full Disclosure Network® presents an exclusive video report on how California Taxpayers pay matching funds every time voters in Los Angeles approve billions in school bonds for the what is described as “the Beast” or an economic engine known as the Los Angeles Unified School District (LAUSD). And those bonds end up costing taxpayers double the amount with interest paid to bond holders
LAUSD officials describe in the video, how a new proposed $7 Billion dollar school bond, if it is approved by voters, should be considered an “Economic Stimulus Plan” for the region. They tout the bond will employ workers, generate construction of new schools during a time of economic slow down in the area.Appearing the ten minute Video News Blog with comments pro and con are the following:
- David R. Hernandez, Exec. Director San Fernando Chamber of Commerce
- David Brewer, Superintendent Los Angeles Unified School District
- Monica Garcia, President Los Angeles Unified Board of Education
- Guy Mahula, Chief Executive of Facilities Division, LAUSD
- George Buzzetti, Los Angeles City Activist
- Keith Richman, Former California State Assemblyman
- Leslie Dutton, Moderator
At the end of the video viewers are asked to leave their comments and participate in an online survey by voting on the following questions:
- Should all Californians vote on the LA Bonds too, since they pay matching funds?
- Should the bond language disclose how much interest will be paid for the bonds?
- Which should be the priority of the school district be: 1) educating the children ? or 2) stimulating the economy?
Known as “the news behind the news” Full Disclosure Network® cable and Internet videos provide coverage rarely reported by the regular news media. The videos are also featured on the YOU TUBE at the following URL http://www.youtube.com/FullDisclosureNetwrk.
Comments to date: 19. This is page 1 of 2.
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wayne james northridge
Posted: 07:05 pm [PST] on April 12 2009
It is not just the Lausd it is also the Teachers Union that is holding the Students Hostage for their pay and benefits increases!
This at a time when the school system is steadily getting worse reports. As far as not spending to match say NJ spending per child, you have to look at the results where NJ is at the bottom of list in student achievement and LA is about in the middle with almost as high cost per student. Also, with the rapid increase in children in the poorer areas, do these students have a place to study at home? Are they motivated to study by their parents? Even if you relocatede Stanford or Harvard in these areas, would it make any difference?
We also cannot endlessly blaim teachers for others social problems, which is the root of what their daily problems; these need to be addressed before any school improvements.
Rod Garcia Harbor Area
Posted: 07:59 pm [PST] on November 03 2008
I don't mind paying taxes if I knew that it would not be wasted.
Elliott Graham Glendale, California
Posted: 01:57 am [PST] on October 24 2008
We need to vote the incumbents out
of office and show them that "We the people" are their boss!
Vernon Espiritu Winnetka, CA
Posted: 10:43 pm [PST] on October 23 2008
Vote NO on Measure Q! Obama says no new taxes to the middle class which is what this measure will do. In hard economic times, voters can't afford to pay hundreds of dollars in increased property taxes for the next 44 years. LAUSD enrollment has dropped by 7% whereas administration has increased by 20%. This is a $7 billion bond plus $7 billion in interest serving a bloated bureaucracy.