North Carolina, Columbus County schools lose 25 positions

Stimulus fund saved jobs and now those teacher jobs are being cut! So now with no more stimulus money the Columbus County Schools will be in worst shape this coming school year! When will Obama understand that he can not spend the Country out of this crisis? Big spending will only make the crisis worst.

Last week, 25 teachers in the Columbus County schools were given notice by the Columbus County Board of Education that their positions had been cut as part of a reduction-in-force by the county schools.
Had it not been for retirements and resignations during the spring, that number would have reached 35.“We are to take a list of the people we have laid off,” he said. “We are looking to lose 12 more positions if the governor’s budget passes,” he said.

Strickland said that all year, his staff had looked at the current year’s budget minus the stimulus funds to see what would need to be done next year.

There could also be additional layoffs to central office personnel and assistant principals. SOURCE

States running out of stimulus dollars

Empty Bucket "No Money Left"

The nation’s public schools are falling under severe financial stress as states slash education spending and drain federal stimulus money that staved off deep classroom cuts and widespread job losses.

School districts have already suffered big budget cuts since the recession began two years ago, but experts say the cash crunch will get a lot worse as states run out of stimulus dollars.

The result in many hard-hit districts: more teacher layoffs, larger class sizes, smaller paychecks, fewer electives and extracurricular activities, and decimated summer school programs.
The situation is particularly ugly in California, where school districts are preparing for mass layoffs and swelling class sizes as the state grapples with another massive budget shortfall. SOURCE

MORE BAD NEWS FOR SCHOOLS!

School districts across Maine learned Monday how much education aid they can expect from the state for the 2010-11 school year.

The allocations reflect a $92 million reduction in state aid to public schools in the year that starts July 1 to offset recession-related revenue losses.

Only 12 of 183 districts will get increased state aid, which the Maine Department of Education bases on a funding formula that accounts for differences in property values and student enrollment. Portland, Maine’s largest district, will take a $4 million hit. Portland expects $6 million less in state and federal money. SOURCE

The democrats were warned of this happening when Obama started handing out the stimulus money for schools and welfare! The Welfare roll has over doubled and the schools are stuck between the Obama rock and a hard spot. Now the stimulus money is running out for all those projects that the schools started and the States will have to give the needed money to keep them going. Where do you think the States will get that money, easy answer…from you the taxpayer by raising your State taxes of course!

LINKS:

(1)  Washington Style Jeopardy by Tarheeltalker

(2)  Obama Budget Will Bankroll ACORN by rjjrdq

(3)  Climate Change This Week: Blizzard Disrupts Bureaucracy by Patrick Sperry

(4)  How government spending hurts you  by James Leroy Wilson

(5)  Liberal Scare Tactics at their Best

(6)  Obama Won’t Prejudge Tax Increases Stevex09

Bank of America Corp. said Friday it lost billions of dollars in the third quarter

obbb
Obama we have a problem….. Stimulus money working is it?

Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing more evidence that consumers are still struggling to pay their bills.

The nation’s second-largest bank said it wrote down loans on its books by almost $10 billion during the July-September period, up almost $1 billion from the second quarter. The bank also added $2.1 billion to its reserves to cover bad loans, bringing its provision for credit losses to $11.7 billion. The bank’s total allowance for loan and lease losses now totals $35.83 billion. Read More

As you were told Obama that America can not spend its way out of the recession, but then you don’t listen to anything you’re told because you don’t care as long as you can push your socialist agenda down our throats. I have all reasons to think that Obama will have to listen to the American voters come 2012. Just about everyone I talk to on the streets say they can not wait to see Obama leaving the White House.