Council of Conservative Citizens

Statement of Principles, by Dr. Sam Francis
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08
Aug

California economics: $1 Billion to borrow $105 million

Several California school district are offering outrageous bonds which will cost local taxpayers ten fold twenty years later!



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3 Responses to “California economics: $1 Billion to borrow $105 million”

  1. 1
    Question Diversity Says:

    Not even the rent to own joints and payday loan shark joints charge interest rates that exorbitant.

  2. 2
    Question Diversity Says:

    46.7% effective interest rate.

  3. 3
    Sage Basil Says:

    amazing that they were even issued this loan with that low an expectation of being paid back