Free Republic

Twelve districts to benefit most under ed plan BY APRIL CASTRO Associated Press Writer AUSTIN - Twelve "super wealthy" school districts stand to gain the most from Gov. Rick Perry's school finance proposal to overhaul the current share-the-wealth school finance system. Perry's plan would attempt to equalize funding to all public schools by allowing each district to keep local residential property tax revenue, eliminating the so-called Robin Hood school finance system, while the state collects and redistributes commercial property tax revenue statewide. But, in an estimated 12 of Texas' 1,039 school districts, the residential property wealth is so high, those...

Mirant Equity Committee by Micheal Sammons – Attorney Previously on Mirant Shareholders Committee Click here for link to Yahoo message. For those who asked, I was also booted off the committee - around December 1st. Like Matt Wilson, I was vocal about the need to explore all options other than dilution. My problem was with the Brown Rudnick law firm and Tejas Securities [SHC (Shareholders Committee) co-chair]. Even before our selection I had argued with Tejas about what they believed to be "inevitable dilution." And this was before a committee was even formed (the informal committee days). While I cannot...

Is there some reason why there isn't an Intergenerational Report being produced by our fiscally conservative President and Congress? Is there some reason why intergenerational equity and fiscal sustainability are not regularly discussed on fiscally conservative talk radio, by fiscally conservative columnists, and at fiscally conservative websites in America?

ARLINGTON, Va., June 25 /PRNewswire/ -- Policy changes affecting manufactured home lending practices recently announced by Fannie Mae jeopardize the dream of homeownership for thousands of low- and middle-income American families, as well as eliminating the housing equity of existing homeowners. Members of the manufactured housing industry delivered that important message during recent visits with Members of Congress. "Recent actions by Fannie Mae are jeopardizing the opportunity for homeownership for low- and middle-income families across the country and we felt that the Congress should be fully aware of these unreasonable, discriminatory policy changes," stated Chris Stinebert, president of the Manufactured...

Courtesy of modem technology, we’ve been treated to videotape evidence of a high school "hazing" that happened at a north suburban high school. An event that was supposed to be an initiation for junior girls ended up sending five of them to the hospital, one student needing ten stitches in her head. Not surprisingly, alcohol was involved. Someone, probably someone of legal age, was thoughtful enough to provide a keg of beer. Other festive props included pig intestines, feces and paint thinner. In an e-mail to me (mikebates@prodigy.net), a reader reports hearing a TV news analyst provide a possible cause...

American conglomerate General Electric is preparing to wind down its $3 billion private equity fund, which backs entrepreneurs by investing in unquoted companies. GE Equity Group notified its employees last week that it is looking to sell out of its current portfolio in a few years and will no longer look for new private investments. Some select investments will be reallocated to other parts of the corporation. GE spokesman Peter Stack said: "We will see how best to maximise value as we wind down our portfolio." He added: "The moves are not being made in direct response to a recent...

Lifespan Gender Gap Continues to Shrink April 8, 2002 ------------------------------------------------------------------------ Men's News Daily NEWSWIRE ------------------------------------------------------------------------ In 1920, the lifespan gender gap was only 1 year. Over the next several decades, the gap steadily widened, and reached a 7.8 year disparity in 1975. Then, the gap begin to shrink. Now, according to a recent report from the National Center for Health Statistics (NCHS), the gap has narrowed to 5.5 years. On average, American women live 79.4 years, while men live 73.9 years. The greatest disparity affects Black males, who only live 67.8 years. The NCHS explains the improvement in male life...