Political Patronage Paid With Bond Money: Sunday/Monday Full Disclosure Network Cable TV
Los Angeles, CA. Sunday on L.A. Cable Channel36 Full Disclosure Network presents a two-part interview entitled “Political Patronage Paid With Bond Money” featuring Jon Coupal, president of the Howard Jarvis Taxpayers Association on the little known bonds known as COPs (Certificates of Participation) that are being used by California cities, counties and school districts........
Coupal tells Full Disclosure host Leslie Dutton that COP bonds are being used ”to get a lot of cash up front to pay off their political patronage friends and then stick future generations of taxpayers without any voter approval of this long-tem debt.” and,
“The law has been carefully crafted by those that have a vested interest in the process, those in local governments, political, elected officials, bureaucrats and of course the bond business, the bond underwriters, the bond counsels and bond marketers.
Watch this six-minute preview of a two-part (one hour) interview on the Full Disclosure Network® program here: http://www.fulldisclosure.net/flash/436-7_Bond_Money.php
where Jon Coupal describes how taxpayers are being denied their right to vote on public indebtedness.
Watch the program as follows:
LA CABLE CHANNEL 36
Sunday, June 22, 2008 8-9 pm (Parts 1 & 2)
Monday, June 23, 2008 4-5 pm (Parts 1 & 2)
Live on the Internet at http://www.la36.org (at the above times)
Other Cable Channels & Airtimes listings here:
Jon Coupal explains why the LAUSD always seems to be out of money.
"The L. A. Unified School District continues to be a poster child for mismanagement and bad use of taxpayer funds.”
Since 1992 the Full Disclosure Network® has been produced by Emmy Award winning host Leslie Dutton and Producer T. J. Johnston. In 2002 the Full Disclosure® special series “L. A.’s War Against Terrorism” was recognized by the Academy of Television Arts & Sciences with a local Emmy Award for a public affairs, informational series.
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