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Starry Messenger

Profile Information

Name: Decline to State
Gender: Female
Hometown: Sacramento, CA
Home country: USA
Current location: Left Coast
Member since: Sat Apr 9, 2005, 08:01 PM
Number of posts: 32,339

About Me

Artist, high school teacher and "hard-liner" (yet to be defined).

Journal Archives

The Big Business of Charter Schools



If you are wondering why you should add charter schools to your investment portfolios, here’s David Brain, head of a major investment concern called Entertainment Properties Trust, to tell you.


Anchor: Well let me ask you about potential risks, here, to your charter school portfolio, because I understand that three of your nine “Imagine” schools are scheduled to actually lose their charters for the next school year. Does this pose a risk to investors?

DB: Well, occasionally — we have Imagine arrangements on a master lease, so there’s no loss of rents to the company, although occasionally there are losses of charters in certain areas and they’re used to peculiar, ug, particular circumstances. In this case it’s a combination of relationship with the supervisory authorities and educational quality. Sometimes educational quality is very difficult to change in one, two, or three years. It’s a long-term proposition, so uh, there are some of these that occur, but we’ve structured our affairs so this is not going to impact our rent-roll [emphasis mine] and in fact we see this as uh maybe even a good experience as the industry thins out some of the less-performing schools and we move on to the best-performing schools.

There are two videos at the link that aren't the kind you can embed here at DU, so it is worth following the link, esp. for the Democracy Now interview on New Market Tax Credits.

Posted by Starry Messenger | Sat Aug 25, 2012, 01:18 PM (5 replies)

"Jobsy the Elephant haz a sad"-or My Adventures With the RNC Donation Survey!!

The RNC decided to send around a donation beg-notice in the form of an "Official Survey!!11" to my house. This thing was monstrously huge and must have cost a fortune to print and bulk mail. You'll notice later on that they grovel for a $15 "Survey tabulating" donation--classy. They also asked on the mail return envelope that you stick a stamp over the bulk mail return postage to save them money. Naturally, I declined.

Instead they will get some new artwork, courtesy of Starry Messenger from my empire here in Revolutionary Silicon Valley. I thought I'd share:

Posted by Starry Messenger | Wed Aug 1, 2012, 03:28 PM (94 replies)
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