Fred Klonsky has the inside scoop on who paid for the $1 million ad that has filled the airwaves in Chicago after the teachers’ strike.
He says the money came from Ravenel Boykin Curry IV and his wife Celerie. Fred’s brother Mike Klonsky says that other hedge fund managers joined to pay for the ads.
Curry is a board member of the Wall Street hedge fund manager organization called “Democrats for Education Reform.” DFER, as it is known, loves charter schools. It also believes that it is time to get tough with teachers.
It must make the hedge fund managers so angry to know that teachers in the Chicago public schools make an average of–what?–$70,000? $75,000? One of the Chicago equity investors is quoted by Mike Klonsky as saying that his goal is to separate the teachers from the union. Of course, that leaves teachers voiceless and powerless.
You just can’t get good help these days.