Here in Texas I've noticed everywhere I go there are huge new schools, even out in rural areas. Most all have new sports centers, some even have swimming pools.
My usual thought pattern when I see one is "man what a huge cost and such little return, these kids are being left ignorant, but they're doing it in comfort and style". Then I start thinking "how in hell did this poor little school district afford a school like this, my property taxes have gone up, but not enough to do this".
Well this may be the answer. I don't know if Texas is using this scheme, but some day the bill will come due. Don't buy municipal or school bonds!
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