Monday, December 13, 2010
Answer to Sue Taylor, President of the Ohio Federation of Teachers, on Her Remarks about So-Called Gulen Charter Schools
Sue Taylor, President of the Ohio Federation of Teachers, is worried that America's tax money is going overseas, namely Turkey. What she is saying is that if the landowner of Horizon Science Academy, an imaginary Gulen charter school, is located in Turkey which can be seen on the lease that she shows during an interview with Tanya Hutchins of CNBC4, then Americans' tax dollars are automatically going to Turkey. As a concerned educator, I can understand her reaction. But, let's take a look at the real story.
The current school building was a dilapidated church/school building when the Horizon people wanted to purchase it. Since the Horizon people were short in cash at the time, they contacted banks for funding, but it did not pan out. Despite efforts, American companies did not want to invest either. After all this, they contacted Sasmaz Property, Inc. whose headquarters are located in Turkey. Sasmaz Inc. in these severe economical conditions bought the building for $400,000 cash, and rented it to Horizon school with an easy monthly rental fee of $6,250. In addition, as it is clearly written on the same lease, Sasmaz Inc. offered to sell the building to them with a small annual interest rate of only 3% anytime Horizon wanted to do so.
So, is this money going out of the US, or coming into it? Sasmaz, inc. spent thousands of dollars in cash and then asked just a $ 6,250 rental fee per month. I am sure that Ms. Sue as an educator is well aware of the fact that money has a global stance. It does not have a nationality. In this case, the money coming from Turkey is being sent for the education of American children. Instead of appreciating the investors of the school building, why we are attacking them? There is no sense in this. Furthermore, there is nothing illegal here. In these economical conditions, if she can offer the same kind of building for the same rental fee, I am sure that the Horizon people will be more than happy to consider operating there.
It is a crucial mistake to seek a mistake in every corner. Once one falls into this trap, it is unavoidable that he/she will make a mistake, too.