Posted on 12/03/2008 3:23:07 AM PST by rabscuttle385
CLEVELAND (AP) — A financially ailing Ohio school district has joined the ranks of banks and automakers clamoring for a portion of the $700 billion economic bailout package.
Olmsted Falls Superintendent Todd Hoadley said Tuesday that if automakers and big U.S. cities can ask for federal bailout money, schools should be able to follow suit.
"I feel a moral obligation to our taxpayers to make this attempt," said Hoadley, who requested $100 million from the Treasury Department last week. "This is a legitimate request. I'll be frankly disappointed if something positive doesn't come out of this."
(Excerpt) Read more at google.com ...
It’s my damned responsibility to pay for kids schooling in Ohio?
Horse manure.
The hogs are stampeding to the trough now.
> It’s my damned responsibility to pay for kids schooling in Ohio?
With Obama coming in? Yes. Heck, it will eventually be your and my responsibility to bailout school children in Kenya.
The sound you hear is the constant drip of irony.
Once you decide that the nations treasury is up for grabs, where do you stop? How can you say “bailout banks but not the airlines”, either we have a free economy of we don’t. I still cant believe Bush and McCain backed the bailout, yes I know they are RINO’s, but I always thought they weren’t outright socialists.
“Once you decide that the nations treasury is up for grabs, where do you stop? How can you say “bailout banks but not the airlines”, either we have a free economy of we don’t.”
Well you can justify a bank bailout on the basis that under the FDIC the U.S. is on the hook for big payouts if the insured banks go under. It’s also a good argument for privatizing the FDIC (or perhaps making it a secondary insurer after a private sector primary insurer), but the immediate question is which costs the taxpayers more, bailing the bank out now, or paying off insured depositors if the bank goes under?
Kenya?
Man I don’t care about the kids in Kenya.
It isn’t my responsibility to raise others brats nor pay for them.
If ya can’t afford them, don’t have them.
The GOP has an issue that most Americans want " no more bailouts.
Start cutting pay and benefits for teachers.
Schools are in a tight spot. There are tons of teachers being paid not to work. Many teachers wait until the school year starts to have operations. Then they are out on disability all or most of the school year. The schools must pay a substitute to handle their class. This ends up being very expensive.
Schools cannot lay off teachers and won’t lay of administrators. They are left with little to do to save money.
Let them go chapter 7 and out of business, best thing that could happen to the childern!
Eliminate all public education for a smarter world!
BTW, when do us taxpayers (the real taxpayers, not those posers that make up the base of the democRAT party) get out bailout?
Ping!
Oh...my gosh. What else? This is Olmsted Falls asking!!! Like they can’t work with their outrageous, illegal property taxes!!?
It should be pointed out that none of the big investment banks (all gone now) were FDIC institutions.
$100 million sounds about right to me, too. I’ll take that in hundreds.
Sadly Bush will forever be remembered as the friend of the evil rich by bailing out the banking class who are really ‘rich’ liberals.... so why shouldn't school districts think they are owed as well?
It’s the least we could do for the people who gave us our savior, Obamessiah!
I’m still waiting for Air America to ask for a bailout. LOL
Doesn’t hurt to ask, but my guess is the Superintendent is not a member of the right country club to be seriously considered.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.