Wednesday, July 30, 2008
Knowing the already existing troubles for the school districts in the area, fuel cost increases will play havoc with spread out districts. One of consolidation's truism's is that economies of scale will provide greater opportunities for children. Does the data support this? One of the few studies examining this shows it does not work for rural districts because transport costs do not allow the economy of scale solution to the problem; transport costs eat up the supposed savings. To quote from this study:"As the number of children per school multiplied five-fold between 1930 and 1996, the per pupil transportation cost actually doubled". What does this mean for our districts in the time of near 100% fuel price increases, both for transport and heating? What will the solution be for this area, already hit by other problems?
Tuesday, July 29, 2008
An old table. Yes, I know my tiny readership just ran or fell asleep. But being a scientist, I like numbers, for they tell us something. This is from the U.S. Department of Agriculture Economic Research Service from two years ago, with fuel around 2.50 a gallon. I use it for one reason, to show average rural miles driven. Then there is this:
It is an average fuel price graph from August 2007 to June of this year, courtesy of AAA. Rural area's simply have to use more fuel. This is especially important for our area's school districts, rural residents or lower income people. The important thing is the budget percentage transportation takes up as costs go up. Most are still in a daze over the increases, but are either changing behavior( smaller cars, driving less), or have simply absorbed the cost. But my worry is for institutions such as already struggling school districts, hospitals or government services. In many ways, these costs are fixed, and at what point does the child per mile transport cost overwhelm our school districts? It is in the next budget rounds this will take hold, and I do not envy anyone trying to solve it...I will look at home heating oil next....
Monday, July 28, 2008
One of the news themes yesterday, via administration and military spokesman(also called mouthpieces for propaganda) was " victory is within sight", with qualifications of course. So first to Juan Cole for a small but realistic run down of the latest daily violence in Iraq, where " bombings, assassinations and kidnappings (still)occur daily", oft ignored if no Americans are involved ( only Americans are human of course). An ignored piece about an ignored country was in the New York Times Magazine, former U.S. Afghan narcotics official Tom Schweich opines on Afghanistan's production of Heroin..,probably now the world's largest producer, and how the U.S. and other government's are ignoring it.
And this is success?
Saturday, July 26, 2008
For those of you not in the know, the great Eucharist cracker destruction is over. Observe the rusty nail through the wafer. P.Z. Myers has destroyed the body of Christ. The comments from religious loons are the scariest...read on here
Tuesday, July 15, 2008
Sunday, July 13, 2008
It is statements like that which are needed.
Wednesday, July 09, 2008
1989 MARCH: Gary Wilson and Al Checchi approach NWA about acquiring the company. Other investors make bids.
1989 JUNE: NWA agrees to sell to a group of investors including Wilson, Checchi, KLM Royal Dutch Airlines, and others for $3.65 billion.
1989 SEPTEMBER: NWA's CEO, Steve Rothmeier and several others resign and are replaced by Checchi and his team.
1991 MAY: Minnesota Governor Arne Carlson and Al Checchi announce a tentative agreement for the construction of two NWA maintenance bases in the state. Legislation passes authorizing public subsidies for NWA.
1991 DECEMBER: The Legislative Commission on Planning and Fiscal Policy approves, by a vote of 11-7, an $838 million financial assistance package for Northwest. The package consists of a loan of $270 million from the Metropolitan Airports Commission and more than $500 million in construction financing for maintenance bases in Duluth and Hibbing. The construction bonds are delayed by a lawsuit.
1992 MARCH: State officials sign a $761 million public financing package for NWA. The original $838 million figure is reduced for a number of reasons.
1992 APRIL: NWA receives the loan from the Metropolitan Airports Commission and gives half of the $270 million to Bankers Trust, its primary lender.
1992 NOVEMBER: NWA's six unions agree in principle to accept $900 million in employee concessions over the next 3 years. NWA seeks a $300 million loan. KLM Royal Dutch Airline, a part owner of NWA, and Bankers Trust, pledge $100 million if other lenders will commit to the rest.
1992 DECEMBER: NWA executives announce the final approval of a tentative $2.2 billion restructuring plan that includes a $250 million emergency loan, $340 million in debt deferral, and cancellation of $3.5 billion in orders for new aircraft. Industry experts say that cancellation of orders for new aircraft threatens the plans for construction of the maintenance bases.
1993 JANUARY: The final piece of the $2.2 billion financial restructuring plan is the concessions agreement with the unions. In return for concessions, NWA unions demand 80 percent equity in the company. More than 1000 NWA employees are laid off.
1993 SPRING: Concessions discussions continue between Northwest and the various unions.
1993 JUNE: NWA warns unions that it will file for Chapter 11 bankruptcy protection within two or three weeks if contract concessions are not promptly approved.
I will not add the rest of the almost two decades of subsidies the south metro has received from Minnesota taxpayers, or the U.S tax payers in the 2001 bailout.
Perhaps they can be quiet now.