Friday, August 26, 2005

BUDGET BUSTER BOND DEFENDED


Los Angeles, CA. In what could only be characterized as a “Budget Buster Bond” all California taxpayers will be providing matching funds for a $3.95 billion L.A. Unified School District bond measure on the 2005 November ballot, if passed by the voters. The proposed bond is addressed in a seven minute video blog which will start streaming from the Full Disclosure Network™ website on Monday, August 29th, 2005.



Featured in the Full Disclosure™ video blog are:


David Tokofsky LAUSD School Board Member who defends how the $3.95 billion bond is to be used along with his proposed “Parcel Tax”.


Steve Cooley L. A. County District Attorney describes the LAUSD history on the Belmont Learning Complex project as “The worst public works disaster in the history of the country, for school construction”


Don Mullinax, as LAUSD Inspector General cited the District’s failure to implement his recommendations for an “Ethics Training Program” for some 80,000 LAUSD employees as a major problem.


Roger Carrick Special Legal Counsel to the Inspector General cites the vast amounts waste, fraud and abuse found in the LAUSD Belmont investigations.



Video clips for this blog were selected from a series of hour-long interviews with key players from the L. A. Unified School District, the District Attorney's office and Board of Education. The interviews were conducted by Emmy Award winning host Leslie Dutton. The full interviews were featured on 40 cable systems and video streamed from www.fulldisclosure.net . worldwide on the Internet where cable channels are listed by community and air times .


The Full Disclosure Network™ is conducting an on going series for cable television programs featuring prominent leaders who are involved in school construction, planning, financing, development and investigations pertaining to the Los Angeles Unified School District.


Saturday, August 20, 2005

BLOGGING VIDEOS TO BE FEATURED ON CABLE T.V.


Date: August 21, 2005

Los Angeles, CA
. On Monday August 22, 2005 the Emmy Award winning Full Disclosure Network™ is releasing a special four-part series to cable television systems featuring twelve short video blogs and Special Reports that were originally produced exclusively for the Internet and are currently being video streamed from the website at http://www.fulldisclosure.net.

Each of the four Full Disclosure™ half-hour programs contains three video blogs on controversial and topical issues, ranging from five to ten minutes in length. For the first time ever, these Internet-exclusive blogs, will become available to the public on cable channels, DVD, VHS or transcripts listed on the website. The titles and topic of the video blogs are:

Video Blog Topics:
Program Numbers: #426-427


Blog #3. Concealed Weapon Permits Debate (5 min) L. A. County Sheriff Baca and Orange County Sheriff Mike Corona debate policy on issuing CCW Permits.

Blog #2. Feds & Cops Parse Names for Immigrants (9:51 min) LAPD Chiefs, Sheriffs and INS officials on the growing conflict between local and federal enforcement.

Special Report: Sheriff’s Compton Shoot Out (9 min) Exclusive footage of L. A. County Sheriff Baca’s explanation on the Compton Sheriff’s Shoot Out.

Blog #1. Terrorist Visa Loopholes (8:21 min) On the crossroads battle over immigration and how the powerful education lobby influences U. S. Immigration Policy.

Blog #4. Secret School Bonds Create Billions Public Debt. (7.30 min) LAUSD School Bonds issued without voter approval approach a billion dollars in outstanding debt

Blog #5. IRS Relents to School District Clout (9.30 min) IRS waives penalty and sanctions for school district’s illegal use of non-voter approved bonds,
Program Numbers #428-429

Blog #5. IRS Relents to School District Clout (9.30 min) IRS waives penalty and sanctions for school district’s illegal use of non-voter approved bonds,

Blog #6. Prosecutor Attacks FDN on School Bond Cover-up Blog. (8.23 Min) Former D.A. Prosecutor on Belmont Learning Center rebuts School District and Legal Counsel.

Blog #7. School Auditors & Investigators Speak Out on Lack of Prosecution (9 min) for big dollar crimes in the Los Angeles Unified School District.

Special Report: D.A.’s Failure to Prosecute on Belmont Learning Center (9 min) Preview with Anthony Patchett, Head D.A.’s Task Force Investigation on Belmont.

Special Report: 2004 Belmont Demolition (5 min) Media Black-Out of the $330 million LAUSD Belmont Learning Center demolition at Christmas-time

Blog #4. Secret School Bonds Create Billions Public Debt. (7.30 min) LAUSD School Bonds issued without voter approval approach a billion dollars in outstanding debt

Full Disclosure™ host Leslie Dutton moderates the blogging programs. Cable viewers are encouraged to call a toll free number 1-800-867-7777 to leave their comments and votes on issues. Cable channel guide is listed by community and air times on the website.

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Saturday, August 13, 2005

MYSTERIOUS SCHOOL FINANCING DISCLOSED


Internet exclusive: On Full Disclosure™ Video Blog

Los Angeles, CA. In a ten minute video blog featured on the Full Disclosure Network™ website via streaming video starting Monday, August 15, 2005 Los Angeles Unified School District (LAUSD) Board member David Tokofsky disclosed the existence of an unknown school financing operation which has been concealed from the public eye apparently to avoid scrutiny.

  • In this video blog Tokofsky describes the process whereby LAUSD Board members, acting as the members of a public benefit corporation called "LAUSD Financing Corporation", approved the execution, sale and delivery of untold millions of dollars in Certificates of Participation (COPs) bonds which are non-voter approved, long term public indebtedness. An exact number of these financing corporations controlled by the LAUSD is unknown by both Tokofsky and Full Disclosure™ at this time.
  • Tokofsky describes the authority of the mysterious “Financing Corporation” and “Land Bank” which were set up by the LAUSD for the purpose of purchasing land for school sites and various other needs, including hundreds of millions for computer technology.
  • Full Disclosure™ asked David Tokofsky why KLCS, the public television channel owned and operated by LAUSD, had turned off the television cameras and all coverage of a three-minute simultaneous meeting of the LAUSD Financing Corporation and a second public benefit organization known as the Administration Building Financing Corporation that was held on April 22, 2004 just after a Special Meeting of the Board was adjourned.
  • Also featured in the video blog is a three-minute audio tape of a simultaneous meeting of the LAUSD Financing Corporation and Administration Building Financing Corporation which documents the casual attitude of the Board. In this brief meeting the Board quickly dispensed with perfunctory “no objection” votes, without discussion or debate authorizing "the execution, sale and delivery of $50 million in refunding Certificates of Participation (COPs)" in one resolution .
  • A second resolution was quickly passed immediately following the first action authorizing an untold number of COP bonds identified only by the words “certain number" and "certain documents" and "certain actions". When one Board member was missing a copy of the second resolution, it was revealed by an undisclosed voice, on the tape, that the matter was pertaining to "Beaudry from Taxable to Tax-exempt". It would appear this action was authorizing the tax exempt status of Bonds for the $180 million Administration Building that was originally financed with taxable bonds. This transaction was the target of an investigation by LAUSD Inspector General Don Mullinax and was referred to District Attorney Steve Cooley for prosecution, which he once again declined as with the other referrals for prosecution on the Belmont Learning Complex.

    Video clips for this blog were selected from an hour-long interview with Emmy Award winning host Leslie Dutton. The full program will be distributed via streaming video on the Internet world wide and on Cable channels which are listed by community and air times on the website soon.

    The Full Disclosure Network™ has been producing a series of video blogs for the Internet using video clips from television interviews and events featuring prominent leaders who are involved in the school construction, planning, development and investigations of the L. A. Unified School District and Belmont Learning Center. The video blogs and television programs are featured on 40 cable television systems and video streamed over the Internet from www.fulldisclosure.net

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Monday, August 08, 2005

SCHOOL AUDITORS & INVESTIGATORS SPEAK OUT ON LACK OF BIG DOLLAR PROSECUTIONS


Los Angeles, CA. School auditors and investigators describe their disappointment over the failure of prosecutors to file charges for the big dollar crimes that were documented by the Los Angeles Unified School District (LAUSD) Office of Inspector General. In a nine minute video blog featured on Full Disclosure Network™ website starting Monday, August 8, 2005 the investigators describe some of the most egregious investigations undertaken by the Inspector General’s office.

Former Inspector General Don Mullinax responded to Full Disclosure™ when asked what he thought about the fact there were no prosecutions resulting from his extensive reports of waste, fraud and abuse on the still incomplete $330 million Belmont Learning Center. Mullinax said he was disappointed "after having spent almost three years of my life working on that report, other reports and on the District Attorney’s Belmont Task Force on Belmont."

Anthony Patchett who headed the D.A.'s investigation on Belmont said "Don Mullinax did an outstanding job. He found a lot of fraud and corruption. It’s just the fact that when he took those cases to the District Attorney’s office, they chose not to go forward with them. They’ll go ahead and they’ll prosecute the small crimes under $15,000, but for the other crimes that Mr. Mullinax has found, they still have that blind eye towards that".

According to Interim Inspector General Jerry Thornton some of the problems have been resolved but investigations are ongoing. “If you are looking at lower level employees, if you’re looking at people that manage cafeterias and people that do the grounds work, we could do this for the next 15 years and nobody would ever say anything to us. But when you elevate your investigations up to the hierarchy of an organization like this, you’re always going to meet resistance. Everybody’s for accountability until you hold them accountable”, he said.

Investigator Karen Sexton told Full Disclosure™ about the investigation of the adult schools whose contractor and other unnamed individuals were never prosecuted when the Inspector General's investigation found classes that didn't exist, ghost students and people working double assignements. She said the only outcome of the investigation was "they no longer work for the District and the contract was not renewed."

Bob Williams, promoted to Acting Deputy Inspector General following the departure of Don Mullinax, told Full Disclosure™ the BB Bond investigation resulted in auditors finding $600 million that was spent on different things (click here to see PAGE 4 of the BB Bond follow-up report) that went to the actual contractors as opposed to the projects. When asked what the outcome of BB Bond investigation was, the supervising investigator told Full Disclosure™ “the outcome basically, was nothing.”

The Full Disclosure Network™ has been producing a series of video blogs for the Internet using video clips from television interviews and events featuring prominent leaders who involved in the school construction, planning, development and investigations of the L. A. Unified School District and Belmont Learning Center. The video blogs and television programs are featured on 40 cable television systems and video streamed over the Internet from www.fulldisclosure.net . In 2002 the Full Disclosure™ program was presented with a local public affairs Emmy from the Academy of Television Arts and Sciences.

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Wednesday, August 03, 2005

SCHOOL BOND $$$ WHERE DOES IT GO?….WHERE WILL IT END?


Los Angeles Unified School Bonds
1997 BB Bonds $2.4 Billion
2000 K Bonds $3.48 Billion
2004 R Bonds $3.85 Billion
2005 Bonds $3.95 Billion

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Running Total $13.8 Billion

Los Angeles, CA. In December of 2003 Jim McConnell chief executive for Facilities/Operations of the Los Angeles Unified School District appeared on the Full Disclosure television program to promote an $8 billion school expansion program that has since been upgraded to $15 billion in 2005.

Full Disclosure Network™ is releasing a nine (9) minute video presentation containing excerpts from the Mc Connell 2003 interview that will begin running on the Internet via streaming video starting Thursday, August 4, 2005 on the www.fulldisclosure.net website.

In the presentation Mc Connell defends the no-bid contract awarded on the controversial Santee Dairy property saying “it was a good business deal.” And when asked how he handles the powerful and politically connected people who want to influence the multi-billion dollar expansion program, he says that he has no trouble with that at all.

During the one hour interview, hosted by Leslie Dutton, McConnell was asked about declining birth rates in Los Angeles he again defended the school expansion plans saying they are warranted and projected growth is based upon fluctuating numbers of school-age children coming to LAUSD. He further explained the intricacies of state funding which requires use of a formula allowing for increasing projections for growth to obtain maximum matching funds.

When questioned about the little known LAUSD Finance Corporation, a non-profit, public benefit corporation set up by LAUSD, McConnell stated it is considered to be a "Land Bank" that holds resources from non-voter approved bonds known as Certificates of Participation (COPs) for “undefined projects and future land purchases by the District.” When asked why the media had not ever reported on LAUSD Financing Corporation which was formed in 2000McConnell said that further details as to how it operates is available from the General Counsel of the Board of Education.

The Full Disclosure Network™ has interviewed many of the key people involved in the planning, construction, financing and investigations of the LAUSD Belmont Learning Center which has never been occupied and to date has cost $330 million, was partially demolished in December 2004 and scheduled for remediation and reconstruction soon, with an estimated total cost of approximately half a billion dollars. In 2002 the Academy of Television Arts and Sciences presented a local public affairs EMMY award to host Leslie Dutton for her 2001. # # # # #