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User Info An Open Letter To The Okaloosa County Commission; entered at 2017-09-09 23:11:35
Bjonsson
Posts: 992
Registered: 2010-03-10 Ventura County, California
There was a referendum here in my county during the last election to approve issuance of bonds to finance school improvements.

Looked at the fine print, and of the amount being requested, 2/3rd of it was for financing cost. Checked to see who was sponsoring the proposition, it was some "for the children" sounding public interest/lobbying group, and an investment bank.

Screw that. It was, surprisingly, and wisely, voted down.

But I saw that as a microcosm of what's going on at a larger level. Interest groups and investment banks trying to load down everyone they can for as much debt as possible. Parasitic bankers and government working hand in hand to use the system to skim from us.
2017-09-09 23:11:35