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The Julian News
Julian , California
July 17, 2013     The Julian News
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July 17, 2013

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July 17, 2013 California Commentarv Corruption In Your Own Back Yard A recent front page story in the Los Angeles Times raised the curtain on a dirty little secret that local school officials don&apos;t want the public to know. Many school boards throughout California have indulged in a process that can best be described as "bribery and money laundering" which grossly inflates the cost of bond debt -- the result of which is higher taxes on homeowners. Here is how it works. A school board determines it wants to pass a bond that will be paid for by property owners. Because government officials are prohibited from using taxpayer dollars to promote a ballot measure, they cut a deal with a bond underwriter to fund the effort and provide expert campaign assistance. In return, the underwriter is guaranteed the commission on the sale of the bonds. The Times provides the example of the Garden Grove Unified School District that hired a securities firm without competitive bidding. Guaranteed the school district's business, the underwriter gave $35,000 to help pass the bond measure as well as providing campaign services, and in return earned $1.43 million on the sale of the first $130 million in Garden Grove notes. For the guys in the bond business, this is great ROI (return on investment). Those involved in this sleight- of-hand will be quick to point out that nothing that was done is illegal, and they might be correct. And, securities brokers are not the only ones who contribute to these bond campaigns. Construction companies and suppliers anticipating fat contracts can usually be counted on to chip in. But the involvement of bond underwriters comes with LEGAL NOTICES I FICTITIOUS BUSINESS NAME STATEMENT File No. 2013-019449 AMERICAN CYBER SECURITY CONSULTING 3268 Monroe, San Diego, CA 92116 (Mailing Address: PO Box 16177, San Diego, CA 92176) The business is conducted by An Individual - Eric Seligman, 3268 Monroe Ave, San Diego, CA 92116. THIS STATEMENT WAS RLED WITH ERNEST J. DRONENBURG JR., RECOREER/ COUNTY CLERK OF SAN DIEGO COUNTY ON July 5, 2013. LEGAL: 06292 Publish: July 17, 24, 31 and August 7, 2013 by Jon Coupal an additional cost, studies show. Negotiated deals with a single underwriter outnumber competitive deals by about 6 to 1, even though interest rates can be reduced by as much as .77% through competitive bidding. This, over the life of a typical $100 million bond, can amount to millions of dollars. Enter Assemblyman Don Wagner, (R-Irvine), who along with others, including State Treasurer Bill Lockyer, is alarmed by the trend away from competitive bidding for bond sales. Wagner has introduced AB 621, which would bar government officials from hiring securities companies that provide contributions or campaign assistance in support of bond measures. However, as with all reforms, there is strident opposition from those who benefit from the status quo. School officials claim that the limits Wagner would impose would reduce school districts' "flexibility" and potentially deny underwriters their first amendment freedoms, Missing from their complaints are any concerns about the cost to property owners of deals made with underwriters that provide those firms with inflated profits in return for their political intervention in local bond elections. At the Howard Jarvis Taxpayers Association we have a saying, "It may be legal but that does not make it right." This cozy' relationship between schod district officials and bond brokers is not only wrong, but lawmakers" must make it illegal, too. The Julian News 13 M0,tJNT, MN F, aJiMS P00,00I,TYl HOMES 0 LAND RENTALS 0 PROPERTY MANAGEMENT . VACATION RENTALS zo19 MainSltree00L www.julian-realestate.com 760"76!i")m '77 1 ,6 I1( Panoramic View Home 3300 Sq.Ft. 4 Bedroom/3.5 Bath 2 car garage with workshop. Uniquely designed custom home with all the amenities. 3 Fireplaces, Radiant floor heating, solar, 5 decks, on 2.52 acres. Unsurpassed vews of Vulcan Mt., the Desert and Julian Countryside. Don't Miss this! Offered for $975,000 Harrison Park Haven Just completed. 4,000 sq.ft, family home overlooking meadows, mountains. 4 Bedroom/3 Bath w/ huge bonus room. Must See To Appreciate. Offered for $699,000 Lake Cuyamaca Business For Sale Custom Home Fajita Grill Incense Cedar Beauty I 2 Bedroom/2 Bath, 2,386 Great Food, Great Location, Custom built home on 5 acres I sq.ft. Many Custom Features, everything you need to step in 3 Bedroom/3Bath 3,018 sq.ff. Gorgeous Views. and take over. Lovely parklike setting. Offered at $4501000 $601000 $550,000 Jon Coupal is president of the Howard Jarvis Taxpayers Country Elegance Association -- California's largest Impeccable Custom Home with Granny and Guest quarters. Main House - 4 Bedroom/4 Bath 3500 sq.. Guest House - 2 Bedroom, grass-roots taxpayer organization Ill 2 Bath, 1600 sq.ft. Ideal for Family Living, Retreat or B&B. Pride of Ownership. Naturally Landscaped 4.39 all usable parcel. Many II dedicatedttheprtectinfll[ a00van00e0000n, cus*o00 an, en0 *ea*u00es ''4 ' ..... OO Illlll ramic views Electric Nearby REDUCED TO $160K and IIIIII 61 w lot. Completed Perc Test, Survey and Septic Layout. Both lots at a discounted rate of $320K IIIlll IIII! %/' Elect!ic, Panoramic Views $175K Ill lll Ill /Level ,65 parcel with great access in Harrison Park. Survey, Perc Test Complete and Septic Layout. OvedkJng Kenner Ranch. Offered r $45,000 IlJ FICTITIOUS BUSINESS NAME STATEMENT File No. 2013-018340 a) JULIAN WEAVING WORKS b) ACADEMY OF HAND WEAVING 30352 Hwy 78, Santa Ysabel, CA 92070 (Mailing Address: PO Box 1472, Julian, CA 92036) The business is conducted by An Individual - Beryl E M Warnes, 4176 Oeerlake Park Road, Julian, CA 92036. THIS STATEMENT WAS FILED WITH ERNEST J. DRONENBURG JR., RECORDER/COUNTY CLERK OF SAN DIEGO COUNTY ON June 22, 2013. LEGAL: 06295 Publish: July 17, 24, 31 and August 7, 2013 R.F.D. a=. ,t, .J-"ssA.%,,_EDT,  )'% | ' i Weekly SUDOKU by Linda Thistle 3 6 2 5 4 1 2 3 8 by Mike Marhmd 4 1 9 2 3 5 1 1 9 6 2 9 5 4 6 8 7 8 2 3 7 Place a number in the empty boxes in such a way that each row across, each column down and each small 9-box square contains all of the numbers from one to nine. DIFFICULTY THIS WEEK: * * Moderate ** Challenging * ** HO0 BOY! 2013 King Features Synd., Inc. FICTITIOUS BUSINESS NAME STATEMENT File No. 2013-018977 a) PLANS TONIGHT b) PLANSTONIGHT.COM c) SAN DIEGO JAZZ CATS d) JAZZTRANE, LLC e) JAZZTRANE f) PLANS TONIGHT, INC. 1804 Garnet Ave., Ste 336, San Diego, CA 92109 The business is conducted by A Limited Liability Company- JAZZTRANE, LLC. THIS STATEMENT WAS FILED WITH ERNEST J. DRONENBURG JR., RECORDER/COUNTY CLERK OF SAN DIEGO COUNTY ON July 1, 2013. LEGAL: 06296 Publish: July 17, 24, 31 and August 7, 2013 ACROSS 1 Burst 4 Answer an invite 8 Mid-June honorees 12 George's brother 13 -- out (supple- ments) 14 Out of the storm 15 Unimprov- able place 17 "-- do for now" 18 Back 19 Great com- motion 21 "America's Got --" 24 First st. 25 Wall climber 26 Listener 28 Distance down 32 Nap 34 Crazy 36 Avis adjec- tive 37 Basin acces- sories 39 Pie filling? 41 Deteriorate 42 Last (Abbr.) 44 Political argument 46 Colored like hippie shirts 50 Website section, often 51 Opposed to 52 South It was actor-turned-politico Arnold Schwarzenegger who made the following sage observation: "Everybody pities the weak; jealousy you have to earn." Southern California has more cars than India has cows. If cows are sacred in India, what does that say about how Californians feel about their automobiles? If you're like an average person, the time you spend blinking in one day adds up to about 30 minutes of shut-eye. l:r:00s00o: E 1 2 4 I__ 12 15 21 22 25 26 32 37 1-- 19 23 24 27 34 35 1 3--9---- 43 44 49 52 ' 53 57 60 __L___ 5 Tackle moguls 6 Two-piece suit's lack 7 Intellectual pretender 8 Company that merged with Benz in 1926 9 Choir member 10 Sandwich shop 11 Vend 16 Census stat 20 Roulette bet 21 Ocean motion 22 Acknow- ledge 23 Highlander's '4"--"- 46 47 148 I - i 51 56 59 American country 56 Old card game 57 Thing 58 Heady brew 59 "South Park" kid 60 Knighted woman 61 Playing marble 31 5 55 hat 27 Aries 29 Strong herbicide 30 Jog 31 Loathe 33 Scholarly 35 Flop 38 Crafty 40 Malign 43 Lukewarm 45 Satchel 46 Chore 47 Black 48 List-ending abbr. 49 Information 53 Sleep phenom 54 Carte lead-in 55 Evergreen type DOWN 1 Spot on a domino 2 "... man -- mouse?" 3 Render immobile 4 Given a makeover 2013 King Features Synd., Inc. A New Yorker named Ashrita Furman holds the world record for the most world records: He has set 462 of them and currently holds 160. Among his exploits are the longest yodel (more than 26 hours); the longest distance traveled via acrobatic somersaults (12 miles, 390 yards); jumping up steps on a pogo stick (1,899 steps in 57 minutes, 51 seconds); the fastest time skipping through a marathon (5 hours, 55 minutes, 13 seconds); running the fastest mile with a milk bottle balanced on his head (7 minutes, 47 seconds); creating the largest popcorn sculpture (20 , feet, 10 inches tall); underwater hula hooping (2 minutes, 38 seconds); the most candles burning simultaneously on a cake (48,523); the longest rally while playing table tennis with an egg (14 hits); and the fastest time for orange peeling and eating (3 oranges in 1 minute, 9.72 seconds). In the Middle Ages, chicken soup wasn't just comfort food for those suffering from a cold; at the time, it was considered to be an aphrodisiac. Scientists at NASA are working on developing a kind of space broom. The device will use a laser to sweep debris out of the way of the International Space Station. Thought for the Day: "Human history becomes more and more a race between education and catastrophe." -- H.G. Wells 2013 King Features Syndicate, nc. Weekly SUDOKU Answer g L L 8 It 5 9 6 8 9 6 L L  S It It S  9 6 L L 8 9 L 8 S L 6 It S 17 L 6  8 9 L 6  L 9 9 17 L S It 9 6  I; L 8 L L 6 I; It L 8  i; 9 L 8  J L 9 It 6 g Most Searched Cocktails l. Margarita 2. Bloody Mary.< S 3. Mojito 4. Pina Colada  5. Daiquiri 6. White Russian 7. Kamikaze 8. Long Island 1 Iced Tea 9. Mai Tai 10. Lemon Drop Source: Zeitgeist/Google -- Crossword - Answers Solution time: 25 rains, 1 v llhlvlol171*l  vlwlllllvlls Avnv ' 1 v ulolvlwllzlo o H.L l n__L I " q 131SllOlVlUlV d  7 v vlsll:llvlU s!a aldl^lsluldlO d 2013 King Features Syndicate, Inc.