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rickjump1

School Superintendent Rakes in $660k Salary; Watch These Outraged Parents Let Him Have It

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kelpdiver

******They need to physically throw that bum not only out of office but, out of the house they are funding. Criminal doesnt even begin to describe this. Who approved that salary? They need to go too!

No wonder property taxes are so high in California.

property taxes really are not high in California. Housing values are, but our rates are half to a quarter what other states charge, and with no limits on increases.

Also, it was decades back that property taxes directly funded the local schools. That lead to great inequities, shockingly, so now it all flows to Sacramento who pays out an amount per student per day attended. Thanks for the correction.
Do your part for global warming: ban beans and hold all popcorn farts.

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rickjump1

they also floated him a $900,000 loan at 2% interest over 40 years. Yes, 900,000! There needs to be a full fledge investigation on this one. Who slept with who to get this peach of a deal?"



home loans are often used to lure a candidate from a different geographical region, allowing the person to delay the sale of their existing home, or let the family move over at the end of the school year.

2% for a 5,10,15 year term would be defensible given money rates of recent years. At this point, it's a bit low, but it wasn't in 2012. It's also a higher rate of return that could be earned in any cash type account (money market, cds, short term bonds).

That said, 40 years is a very different matter. There's virtually no incentive to pay that back early - it's at less than the rate of inflation and your 40 year post tax return in just about anything will be higher.

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kelpdiver

*** they also floated him a $900,000 loan at 2% interest over 40 years. Yes, 900,000! There needs to be a full fledge investigation on this one. Who slept with who to get this peach of a deal?"



home loans are often used to lure a candidate from a different geographical region, allowing the person to delay the sale of their existing home, or let the family move over at the end of the school year.

2% for a 5,10,15 year term would be defensible given money rates of recent years. At this point, it's a bit low, but it wasn't in 2012. It's also a higher rate of return that could be earned in any cash type account (money market, cds, short term bonds).

That said, 40 years is a very different matter. There's virtually no incentive to pay that back early - it's at less than the rate of inflation and your 40 year post tax return in just about anything will be higher.

... and "the loan was granted at a time when the superintendent had already declared bankruptcy"? I guess accountability is reserved for the little girls who grow up to be bank cashiers.
Do your part for global warming: ban beans and hold all popcorn farts.

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2. "How is this guy billvon's "boy"? Haven't you heard? Liberals stick together through thick and thin no matter the consequences to the public.



How do you know anything about this guy's politics?

- Dan G

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DanG

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2. "How is this guy billvon's "boy"? Haven't you heard? Liberals stick together through thick and thin no matter the consequences to the public.



How do you know anything about this guy's politics?

Which one?
Do your part for global warming: ban beans and hold all popcorn farts.

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the governor of Alabama is serving without a salary. He said he would not accept a governor's salary until some economic markers reached a certain point. I forgot what it was though, but he's a medical doctor by trade so he's not suffering financially.

My challenge to you. Find another governor doing the same thing.



Maybe not the exact thing, but it's becoming increasingly commonplace for governors and mayors to decline to live in luxurious official residences:

http://www.nytimes.com/2012/04/12/garden/when-governors-refuse-the-mansions.html?pagewanted=all&_r=0

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DanG

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2. "How is this guy billvon's "boy"? Haven't you heard? Liberals stick together through thick and thin no matter the consequences to the public.



How do you know anything about this guy's politics?



Well, he doesn't, of course. There's a modern form of Neanderthal class in the blogosphere that have been conditioned by FoxNews and its wannabes to use "liberal" as a catch-all pejorative for everything they hate, and then giggle like Beavis and Butthead, because, well... they really don't have the capacity to do much more.

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Do you think he was a conservative who believed in sound economic principles in theory and in practice, or do you believe he was a selfish liberal who took advantage of a situation while knowing teachers were being laid off and school budgets were being cut. Only a liberal would hold his head up and "steal" from a school district "because it's just tax money". Besides, Professor K tells us, conservatives do not "normally" enter education as a vocation. It's a liberal's playground complete with unions.

http://www.prinplanning.com/ This administrator had been a total failure and his buds in the local school district lifted him up.
Do your part for global warming: ban beans and hold all popcorn farts.

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Do you think he was a conservative who believed in sound economic principles in theory and in practice, or do you believe he was a selfish liberal who took advantage of a situation while knowing teachers were being laid off and school budgets were being cut. Only a liberal would hold his head up and "steal" from a school district "because it's just tax money".



Are you really going with this argument? No conservative public servants have ever been caught with their hand in the cookie jar? Seriously? Are you that much of a caricature?

- Dan G

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Of course pigeon holing people is an easy (LAZY) interweb tactic.

"He's a ....Conservative/Liberal blaaa blaaaa" ..... Not many people fit into these nice 'comfortable' boxes ... I know I don't .. but it wont stop lazy people from using them.:S


(.)Y(.)
Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome

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DanG

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Do you think he was a conservative who believed in sound economic principles in theory and in practice, or do you believe he was a selfish liberal who took advantage of a situation while knowing teachers were being laid off and school budgets were being cut. Only a liberal would hold his head up and "steal" from a school district "because it's just tax money".



Are you really going with this argument? No conservative public servants have ever been caught with their hand in the cookie jar? Seriously? Are you that much of a caricature?



Case in point - last October's government shutdown for GOP principles ended with a 2.8B pork amendment that directly benefits constituents of McConnell and Boehner. Even maddog McCain thought it was bullshit.

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