San Diego had a bond issue on the ballot. It passed handily.

It appeared to be a great victory for public schools.

But unknown to many, there was a sweet deal tucked into the bond issue.

The district will get $2.8 billion in loans, but $350 million is set aside for charters.

Decisions about how to allocate the money will be made by a committee, this article says, dominated by representatives of the charter industry.

Here is another name to add to the billionaire boys’ club: Irwin Jacobs of Qualcomm. This La Jolla billionaire believes that most students in the San Diego schools should eventually be in a charter school. Jacobs gave $80,000 to the campaign for the bond issue in San Diego. He was also one of the biggest contributors to the Obama campaign.

Another true believer in privatization of public education.