“Michigan’s Buena Vista — ‘Good View’ — school district in Michigan shut down this week. It is out of money. Some teachers say they will teach for free. But will all of them do this? In any case, it’s illegal. Michigan doesn’t allow it. The state cut funding by $3 million, due to declining enrollment. The nearby Pontiac School District is close to bankrupt. It can’t meet payroll. Two districts in Arkansas are bust. The Philadelphia district in Pennsylvania is begging for money from the state. We are in an economic recovery. What happens in the next recession?”
http://teapartyeconomist.com/2013/05/16/entire-school-district-shuts-down-out-of-money/
Related posts:
Edward Snowden’s father: ‘Absolutely no faith’ son would get fair trial in U.S.
China Central Bank Injects Record Cash Into Money Market
Rand Paul Calls For Public Release Of Secret 'ObamaTrade' Deal Text
Bitcoin is crucial for the future of free speech, say experts
Pakistan Suspends Military And Intelligence Cooperation With US
Congress Wants the IRS to Cancel Your Passport
Universities to MOOCs: We Will Assimilate You
The War on Drugs, 40 years later
Supreme Court declines to require a warrant to get cell site data
IRS Seized $17 Million From Innocent Business Owners Using Asset Forfeiture
Kotlikoff on Unfunded Federal Liabilities, 2013: $205 Trillion
Creeping Capital Controls At JPMorgan Chase?
The War on Asparagus
Judge rules TX school district can make students wear locator chips
For Smoking Marijuana, the Government Ruined This Man’s Family Forever