I need a liberal or dem's take on this

[The Dad Fisherman]

Originally Posted by Fishpart

WOW, some people are insane. Who in their right mind would buy an item that lasts for 15 years and pay for it for 30? The second one os already used up before the first one is paid for, no wonder we are in trouble..
Posted from my iPhone/Mobile device

15 years......you're giving them WAY to much credit.....does anybody still use the same PC they had 15 years ago? And you don't have a bunch of kids banging away on them all day

Try more like 5 years.....if they're lucky
Posted from my iPhone/Mobile device

[scottw]

you guys are racists..this is an investment in poor kids and disabled kids probably, who are mostly minorities and Undocumented American Citizens living in the shadows currently, who are about to be harshly victimized by the sequestration which the evil republicans concocted in a smoke-filled back room in order to hold the nation hostage to their warped version of fiscal sanity and unnecessary, non-surgical, meat cleaver, draconian cuts ....it doesn't matter how much the devices cost, how long they last or how long it will take to finally pay for them because Corporate greed is much worse...or even if they're being paid for by interest free loans from the Federal Government which is apparently rolling in dough despite sequestration and trillions and trillions in debt and current and future obligations before ever loaning a single dollar for a tablet because Corporate Welfare and unpaid inherited Bush wars cost far more...when the schools crumble, they'll still have "the internets"...... opposing important investments like this, refusing to give up "pleasures" by Rich Fat-Cats in order to support the general welfare and a stubborn adherence by some to the Constitution and the principles and ideals represented is what is hurting our nation and preventing us from "leaning forward" into the Marxist Progressive Utopian dream that Dear Leader Obama has brilliantly planned out for us if we would only step aside and let him work his wondrous deeds


or it could just be more bread and circus

[Fishpart]

Originally Posted by The Dad Fisherman

15 years......you're giving them WAY to much credit.....does anybody still use the same PC they had 15 years ago? And you don't have a bunch of kids banging away on them all day

Try more like 5 years.....if they're lucky
Posted from my iPhone/Mobile device

Actually I used 15 because in RI we buy 15 year busses on 30 year bonds and wonder why there isn't any money. For tablets with a 5 year (?) life you are paying the interest on 6 replacements by the time the first one is paid off; only an educated person could think that is a good way to fund advancement in education.. Clearly a great example of how intelligent being educated in a monopoly system controlled by the government has made all of us.

[spence]

Originally Posted by Fishpart

Actually I used 15 because in RI we buy 15 year busses on 30 year bonds and wonder why there isn't any money. For tablets with a 5 year (?) life you are paying the interest on 6 replacements by the time the first one is paid off; only an educated person could think that is a good way to fund advancement in education.. Clearly a great example of how intelligent being educated in a monopoly system controlled by the government has made all of us.

I would agree that a 30 year bond may not be the best investment for a short-lived device, although with the size of the potential investment I'd think a deal could be arranged with a produced to provide more perpetual service.

Also, my understanding of the qualified construction bonds is there's little if any debt service.

The bigger issue is how does a mammoth school system like California update it's curricula and equipment without spending money?

-spence