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Re: Editorial: Sale of state buildings is a bad deal for California

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  • Todd Groves
    That s a great idea, Charles. I ve been thinking about introducing students to systems modeling software like STELLA
    Message 1 of 5 , Dec 1 1:27 PM
      That's a great idea, Charles.

      I've been thinking about introducing students to systems modeling software like STELLA http://www.iseesystems.com/softwares/Education/StellaSoftware.aspx or Vensim http://www.vensim.com/venple.html.

      Grades 8-12 can explore complex, non-linear relationships by building models. Your budget idea might fit right in.

      Explorations like these are extraordinarily rich and meaningful. How do we get them to students?

      Todd Groves

      --- In wccusdtalk@yahoogroups.com, Charles Rachlis <crachlis@...> wrote:
      > I suggest a math project where the youth run the numbers on this deal. Then a
      > study of insider dealing for social studies where they will find that the deal
      > has fallen into the hands of Pete Wilson insiders who stand to make millions off
      > the tax payers if this goes through.
      > ________________________________
      > From: c slamon <cslamon@...>
      > To: wccusdtalk <wccusdtalk@yahoogroups.com>
      > Sent: Tue, November 30, 2010 4:48:00 PM
      > Subject: [wccusdtalk] Editorial: Sale of state buildings is a bad deal for
      > California
      > Todd,
      > no wonder our kids can't think critically, look at some of their role
      > models. This budget mess is going to continue to affect our children's
      > education and I hope our leaders (both elected and non-elected) are ready
      > for it. We've got some tough decisions to make.
      > Editorial: Sale of state buildings is a bad deal for California
      > MediaNews editorial
      > Posted: 11/30/2010 12:01:00 AM PST
      > GOV. ARNOLD Schwarzenegger came into office promising to cut up the state's
      > credit card. Instead, he has proven that he can't be trusted to handle
      > money. So, it's fitting that, as he prepares to leave office, he plans to
      > sell off valuable state buildings to pay immediate bills.
      > Unless a last-ditch legal effort to block the deal succeeds, the governor
      > will unload 24 state buildings, including the Elihu Harris Building in
      > Oakland; the Earl Warren Building in San Francisco, which houses the state
      > Supreme Court; and the adjacent Hiram Johnson Building. All three were built
      > or renovated just a little more than a decade ago.
      > It's a horrible transaction under which the state would receive money up
      > front from the sale of the buildings, but would then have to lease back the
      > properties so it has a place to put its workers. Over 35 years, the net cost
      > to the state, in today's dollars, would be about $1.4 billion, according to
      > the non-partisan state Legislative Analyst's Office.
      > Put another way, it's like taking out a mortgage at a 10 percent annual
      > interest rate to pay your current bills. But, at the end of it all, once the
      > loan is paid off, you still lose the property. The state will be left with
      > nothing, with no place for its employees when the deal expires. It will have
      > lost the buildings themselves and the prime real estate on which they sit.
      > It's a shameful legacy. Our children and grandchildren will remember
      > Schwarzenegger as the state leader who came into office, immediately plunged
      > the state billions of dollars deeper into debt by rolling back the car tax,
      > and then spent the next seven years developing budgeting schemes to paper
      > over the damage.
      > He will leave office with the state broke -- in far worse shape than when he
      > came in. And, in one of his final acts, he plans to sell off buildings that
      > will surely be needed in years to come.
      > He will be remembered as the governor who sold off the state's assets and
      > strapped future generations with increased costs.
      > It's the height of irresponsibility. We can only hope that Schwarzenegger
      > suddenly develops some common sense, or the legal challenge to the deal
      > succeeds.
      > The lawsuit claims the state needs the approval of the state Judicial
      > Council before it sells off buildings that house the courts.
      > Superior Court Judge Charlotte Woolard will hear the case Dec. 10 in her San
      > Francisco courtroom. Unless she intervenes, the properties will be lost on
      > Dec. 15. Schwarzenegger leaves office on Jan. 3 to return to his life of
      > wealth. The rest of us will be stuck paying the bills.
      > It's a lousy script. A real action hero would do better.
      > [Non-text portions of this message have been removed]
      > [Non-text portions of this message have been removed]
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