Charter schools, another fantastic Republican idea that very predictably went to shit

Nobody some something like this coming. Nope!

It had been a month since one of the nation's largest charter school operators collapsed, leaving 6,000 students with no school to attend this fall. The businessman who used $100 million in state financing to build an empire of 60 mostly storefront schools had simply abandoned his headquarters as bankruptcy loomed, refusing to take phone calls. That left Mr. Larson, a school superintendent whose district licensed dozens of the schools, to clean up the mess.

"Hysterical parents are calling us, swearing and shouting," Mr. Larson said in an interview in Oro Grande last week. "People are walking off with assets all over the state. We're absolutely sinking."

The disintegration of the California Charter Academy, the largest chain of publicly financed but privately run charter schools to slide into insolvency, offers a sobering picture of what can follow. Thousands of parents were forced into a last-minute search for alternate schools, and some are still looking; many teachers remain jobless; and students' academic records are at risk in abandoned school sites across California.

I sure can't wait until Bush privatizes social security!