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Tuesday, October 31, 2023
BOE Borrowing is Unsustainable
R' Aaron Lang explains why to vote for the fix the formula candidates for BOE- Eisenbach, Morgenstern, Schubert. We are heading toward financial collapse and it is business as usual in Lakewood.
So when the formula gets changed, more funding will come into Lakewood and we wont be $90,000,000 in debt? Sounds great. What do the current BOE members say about this? Do they have a plan for us?
We will not settle unless it includes recommendation to forgive the loans. The governor can't change the formula or forgive loans, but the legislature will take his recommendation or we will go back to court.
Here you have an unusual contest in an American election in which one side says, "Here is the solution," and the other side says, "Sob, sob, the state monitor bully is making us do it. So since we have no control, let's oppose the lawsuit. It makes us look bad. And we'll tell the people Singer and others are working on a carve-out." (This was not a real quote.)
They have been trying for a carveout since 1997 when they filed the same exact case as mine. And a carveout is not what we need, we need all our kids to be counted in the formula, not a carveout of throwing ten or twenty million at Lakewood. To make matters worse, they might even get the carveout now because the governor see the writing on the wall, but it won't be the $100 million we need. The governor will work it out with the chumps that sold us out for pennies on the dollar, while at the same time it will take pressure off off him from the lawsuit.
So when the formula gets changed, more funding will come into Lakewood and we wont be $90,000,000 in debt? Sounds great. What do the current BOE members say about this? Do they have a plan for us?
ReplyDeleteThey will be long retired in their FL villas
DeleteWe will not settle unless it includes recommendation to forgive the loans. The governor can't change the formula or forgive loans, but the legislature will take his recommendation or we will go back to court.
DeleteHere you have an unusual contest in an American election in which one side says, "Here is the solution," and the other side says, "Sob, sob, the state monitor bully is making us do it. So since we have no control, let's oppose the lawsuit. It makes us look bad. And we'll tell the people Singer and others are working on a carve-out." (This was not a real quote.)
They have been trying for a carveout since 1997 when they filed the same exact case as mine. And a carveout is not what we need, we need all our kids to be counted in the formula, not a carveout of throwing ten or twenty million at Lakewood. To make matters worse, they might even get the carveout now because the governor see the writing on the wall, but it won't be the $100 million we need. The governor will work it out with the chumps that sold us out for pennies on the dollar, while at the same time it will take pressure off off him from the lawsuit.
Where are the Carlebach Yortzait celebrations in Lakewood today?
ReplyDeleteThe same places where people were learning mishnayis for him in preparation.
DeleteGo vote!!
ReplyDelete