Here's Sunana Batra's latest, Robin Hood in reverse:
The Encinitas Union School District will be asking voters to approve a $44 million bond issue that is a grab bag of goodies hashed out in private by a handful of people acting on their own, while parents, homeowners and small businesses were shut out.
It's safe to say the total cost will be a whopping $90 million in principal and 5 percent interest over the 30-year life of the loan. Anyway you look at it, it's fiscally irresponsible. Still, there's not one mention in 119 pages of the agenda of the total cost to taxpayers over the course of the 30 years.
In their zeal to keep the gravy train flowing, backers of the measure would saddle taxpayers with irresponsible debt we'll still be paying off when some of the youngest students are starting to have their own grandchildren.
Without the space limitations of the newspaper column format, Batra goes into much more detail at The Leucadia Blog.