Borrow $164 million, pay back $1.25 billion.

Please consider donating to Behind the Black, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar to the right. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.

Modern Democrat accounting: Borrow $164 million, pay back $1.25 billion.

Sadly, this is only one of several examples in California of school districts borrowing money that requires them to pay loan shark interest. No wonder cities in California are going bankrupt.


Leave a Reply

Your email address will not be published. Required fields are marked *