Comment: Take a look at two public school districts:

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Take a look at two public school districts:

http://districts.teachade.com/compare/2638-13074/Palm-Beach-...

Look at the long term debt outstanding at the end of the fiscal year and realize this figure isn't hundreds of thousands of dollars, it isn't millions of dollars, it's billions of dollars.

I challenge everyone on the Daily Paul to find out how much bond debt is being carried by their school district. Once we start adding it all up, well, let's just say I don't think it's going to be a pretty picture.