tag:blogger.com,1999:blog-5994679863347954941.post1815815570411889905..comments2023-04-15T11:32:36.760-04:00Comments on The Other Athens: And Since I’ve Been Going On About SPLOSTUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5994679863347954941.post-14153230745581743262009-10-14T11:14:59.594-04:002009-10-14T11:14:59.594-04:00You are, of course, technically correct. Common u...You are, of course, technically correct. Common usage, though, even on the part of the CCSD, is "SPLOST."jamesnoreply@blogger.comtag:blogger.com,1999:blog-5994679863347954941.post-13006572894545528492009-10-14T10:51:22.283-04:002009-10-14T10:51:22.283-04:00to nitpick... there is no such thing as a educatio...to nitpick... there is no such thing as a education SPLOST... it is called ELOSTAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5994679863347954941.post-79669995322415893412009-10-13T17:59:12.941-04:002009-10-13T17:59:12.941-04:00You have some interesting and timely points, here....You have some interesting and timely points, here. Let me just say -- I do hate children and believe they should be working in the poultry plants and don't deserve an education!<br /><br />There.<br /><br />I'd imagine the CCSD is in the same boat with other districts when it comes to bonded indebtedness; and because they spend so much per student, compared to other systems -- they might be sort of unique, here -- and this is the rationale for your comments.<br /><br />It's clear, too, that the M & C, and U.GA., locally, have all borrowed a lot of money based on, now, past, and perhaps incorrect, assumptions about the ability to re-pay. Already, the state passed a moratorium on raising property valuations; though I realize you don't seem to be a fan of that approach.<br /><br />To make the long story short, at some point, far down the road, property owners WILL revolt. This will lead to default on the bonds. Admittedly, the BOE, and M & O, have a lot further to go down the spending and taxing road before the mostly liberal Athenian's do something. How much further, and when this will happen, I don't know. What I do know is that it will happen because the leaders lost the confidence of the tax payers and citizens; YOUR comments, are all about, historically, HOW they lost that confidence.<br /><br />Of course, my warning will not be heeded; on the other hand, when you look at all the investments, nationally, that went sour -- and what this has meant -- it's obvious that continued borrowing is unsound and dangerous.<br /><br />What folks should do -- liberals, conservatives, etc. -- is think about a future when lenders are much less willing to loan money. The future will be more frugal in education; on the plus side, if your past historical analysis is correct, spending less money, here, should actually increase effectiveness.<br /><br />Let's all keep the powder dry, do what we can, not say "I told you so," when it happens, and remember that even after a train wreck, things can be better.Anonymousnoreply@blogger.com