debt consolidation and reduction


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Around central Wisconsin: Loyal, Greenwood vote against consolidation

After nearly two years of debate, the school districts of Loyal and Greenwood won't consolidate.

Greenwood voted 736 to 581 and Loyal voted 623 to 378 on Tuesday against the consolidation referendum.

"Personally, I'm a little disappointed," said Loyal Superintendent Graeme Williams. "I worked pretty hard on this the past couple years, but it's something we as a district have to move forward on."


Both districts face significant declining enrollments and will be forced to consider reductions and ways to collaborate with other school districts to maintain courses, said Williams.

Greenwood also carries a debt of $4 million that will take until 2016 to pay off, said board president Bill Herr, who has already scheduled meetings with the teachers' union to discuss how they'll maintain curriculums.


Corzine Supports Toll Hike, Willing To Risk Job

New Jersey Gov. Jon S. Corzine on Thursday said he's willing to risk losing re-election by increasing highway tolls to try to resolve state fiscal woes. The governor continued to refuse to detail how much he wants tolls to increase, but said he'll present a formal plan in January. Speaking at a League of Municipalities convention, Corzine, as he has throughout the year, detailed fiscal woes he claims prevent the state from investing in key needs. "We will get one chance at a serious financial restructuring and it has to be done right," Corzine said. "But you can take this to the bank -- I will be bold in the name of progress." The Democratic Corzine is up for re-election in 2009, but said, "Make no mistake. I am willing to risk losing my job if that's necessary to set our fiscal house in order and get New Jersey out from the debt burden constraining our future." Corzine has discussed finding ways to make more money off state properties such as toll roads to pay mounting state debt.


Nigeria: Ageing And Its Discomforts

Sincere apologies for missing a couple of columns in the past month. I've been suffering from a prolonged bout of flu that is totally exhausting me and preventing me from efficiently coping with various professional duties.

Until recently, flu barely affected me and I regarded it as a minor ailment that wasn't worth mentioning because the symptoms - sneezing, coughing, shivering, fever, catarrh, watering eyes - only lasted 3 or 4 days.

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United States Provides Debt Relief for Liberia

President Bush welcomes the agreement by International Monetary Fund (IMF) shareholders to finance debt relief for Liberia. The United States, in partnership with the G-8 and the managements of the IMF, the World Bank, and African Development Bank, worked hard to secure the funding necessary for 100 percent multilateral debt relief. .



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