Archives for category: Billionaires

We have seen many repulsive sights in the Oval Office since Trump was sworn in last January. The covering of the room in fake gold ornaments is an abomination. Trump’s rude treatment of Zelensky was an outrage.

But the top abomination, at this moment, was his loving embrace of Saudi Arabia’s Crown Prince Mohammed bin Salman, who should be reviled for his brutal murder of journalist Jamal Khashoggi.

What next? A Presidential Medal of Honor for Putin?

Trump has many personal commercial ties to Saudi Arabia. Cynically speaking, Trump is building alliances by making personal deals with potentates who increase his family wealth. Surely, we cannot forget that MBS arranged to give Son-in-law Jared Kushner $2 billion after Trump left office in 2021. Kushner had no experience in financial investing. His background was real estate. Now, Trump’s real estate buddies Steve Witkoff and Howard Lutnick, are Trump’s envoys to Russia, the Middle East, and other hotspots. They too (and their children) are taking in millions and billions, because they are in “the room where it happens.”

The New York Times wrote recently about how Lutnick’s sons are making lucrative deals , which are helped by the fact that their father is Secretary of Commerce. “But never in modern U.S. history has the office intersected so broadly and deeply with the financial interests of the commerce secretary’s own family, according to interviews with ethics lawyers and historians…”

The New York Times also chronicled the ways that billionaire Steve Witkoff’s sons are cashing in with investments in the Middle East and in cryptocurrency, building on their father’s connection to Trump.

This is not what the Founders intended.

But maybe those of us who worry about abstract ideas like ethics and laws are in the wrong. Maybe the best way to make a deal with the devil is to get in bed with him, speak his language, and buy his friendship. That’s Trump’s way. And nobody does it better.

Sabrina Haake writes:

Trump just threw a lavish state party to welcome a Saudi murderer. He defended the murderer’s crime, blamed the victim, and viciously attacked a reporter for asking the question on everyone’s mind: What about Jamal Khashoggi?

Of all the shameful metaphors for the corruption, ignorance, and rot presently infecting the White House, this one wears the Trump crown.

A brutal regime dismembers its critic

Jamal Khashoggi was a US resident and journalist for the Washington Post during its halcyon years, before it fell to corporate interests that now serve Trump.

Khashoggi was also a frequent critic of the Saudi government. He frequently criticized the royal ruling family, not for their lavish lifestyles, but for their suppression of dissent, their refusal to allow free speech among the Saudi people, and their widespread human rights abuses.

On Oct. 2, 2018, Khashoggi was murdered in Istanbul. He had gone to see about a visa for his Turkish fiancée at the Saudi consulate’s office, where he was attacked, stangled, and dismembered.

A recording made by Turkish intelligence agents in the building captured the whole gruesome ordeal: Khashoggi could be heard struggling against Saudi guards of the royal Crown Prince as his killing was recorded, complete with screams, the sounds of strangulation, then quiet, before a bone saw was heard dismembering his body.

US Intelligence knows bin Salman did it

In 2021, US intelligence reports concluded that Saudi Arabia’s Crown Prince Mohammed bin Salman, aka “the Bone Saw Prince,” had personally ordered the operation.

The US Director of National Intelligence supplied reasons supporting that conclusion, including:

· bin Salman’s total control of decision-making in the Saudi Kingdom;

· The direct involvement of bin Salman’s key adviser in the brutal attack, along with members of his personal security team; and

· bin Salman’s stated support for using violence to silence critics of the Saudi government abroad, including Khashoggi.

US intelligence added that, “Since 2017, the Crown Prince has had absolute control of the Kingdom’s security and intelligence organizations, making it highly unlikely that Saudi officials would have carried out an operation of this nature without the Crown Prince’s authorization.”

Despite these publicly available facts, Trump treated bin Salman to an unusually lavish state reception, complete with military officers in full dress carrying both Saudi and American colors. As the US taxpayer-funded Marine band played, Trump and Mr. Bone Saw were treated to a fly-over of advanced fighter jets, samples of the 48 F-35 jets Trump already sold to Saudi Arabia, despite national security concerns that China would be able to steal the aircraft’s advanced technology.

Trump courts a murderer to line his own pockets

Trump’s personal wealth has increased by over $3 billion since his return to office, largely from ethics-adjacent crypto schemes, foreign real estate deals, meme coins that have no value, and overt pay to play transactions. His lavish courtship of bin Salman fits neatly into the same corrupt pattern, promoting Trump’s illegal,private, for-profit interests.

The Trump Organization now has multiple, large-scale projects pending in Saudi Arabia, including a new Trump Tower and a Trump Plaza development in the works in Jeddah, along with two other projects planned in Riyadh. These deals are publicly known; it’s likely billions more are exchanging hands under the table.

Trump is also in private partnership with the Saudi-owned, “International Luxury Real Estate Developer,” Dar Global. There’s also a separate $2 billion deal where an Abu Dhabi-based, UAE-backed investment firm used a cryptocurrency from the Trump family’s venture, World Liberty Financial, to invest in another crypto exchange, profiting Trump royally.

And no one has forgotten Trump’s son in law, Jared Kushner’s, $2 billion private “investment” fee from the Saudis, packaged when Saudi Arabia’s Public Investment Fund (PIF) announced a $55 billion acquisition. Kushner’s fee is widely regarded as payment for providing political cover and guaranteeing Trump’s regulatory protection. After the PIF’s own advisors initially rejected the deal, bin Salman personally overruled them and pushed it through.

Trump didn’t mention these deals this week when he rolled out the red carpet on taxpayers’ dime, but claimed instead with trademark ambiguity that the Saudis were going to “invest as much as $1 trillion in the US.”

Trump endorses the unthinkable

Journalists around the world, not to mention Khashoggi’s family, had to endure the nightmare of watching Trump fawn all over bin Salman. In every photo from the mainstream media, Trump couldn’t keep his hands off him, as if Trump were absorbing Saudi wealth through his fingers.

Tuesday, when journalist Mary Bruce asked bin Salman about intelligence reports concluding that he ordered the Khashoggi murder, Trump jumped in, answering for him. “He knew nothing about it! You don’t have to embarrass our guest by asking something like that.”

Trump then suggested Khashoggi got what he had coming for criticizing the government, saying, “A lot of people didn’t like that gentleman (Khashoggi) that you’re talking about, whether you like him or didn’t like him, things happen.”

After sending this chilling message to his critics, Trump then attacked Bruce for asking a “horrible,” insubordinate,” and “just a terrible question,” dressing her down in garbled syntax before cameras of the world with, “You’re all psyched up. Somebody psyched you over at ABC and they’re going to psych it. You’re a terrible person and a terrible reporter,” and later demanded that ABC lose its broadcast license.

Saudi Arabia’s Crown Prince Mohammed bin Salman is condemned throughout the civilized world as a brutal 5th Century pariah. Trump just spent a taxpayer fortune to rebrand him “one of the most respected people in the world” to elevate and promote Trump’s own private business ventures.

It is fitting that Trump committed this atrocity in a formerly dignified room recently desecrated with tacky gold medallions. The Oval Office is now a bordello whose pimp is selling America to the highest bidder, and we, his trafficked victims, are letting him do it.

Sabrina Haake is a columnist and 25+ year federal trial attorney specializing in 1st and 14th A defense. Her Substack, The Haake Take, is free.

If there was ever a symbol of decadence, greed, and heartlessness in 2025, it must be the “Great Gatsby” party that Trump provided for his uber-rich friends at Mar-a-Lago in the midst of the government shutdown.

At the same time, 42 million Americans were wondering if their food stamps (SNAP) would be available for the month. The Trump Department of Justice was in court arguing that the administration had no obligation to fully fund SNAP, and the decision was not in the hands of the courts anyway. So, no, as far as Trump was concerned, let the losers go hungry.

The party was indeed decadent, as the food and drink were abundant. Caviar, champagne, truffles, stone claw crabs. No expensive delicacy left behind.

Even more decadent–considering that this is the home of the President–were the skimpily clad showgirls who waved boa feathers to show off their bodies.

If the goal was to display the vast disparity in wealth and income that plagues our society, Trump succeeded.

I’ve gathered a few videos and commentaries. See what you missed.

This is Jon Stewart with commentary on the party and video of the festivities. I especially liked the barely clad young woman in a giant champagne glass. His Mar-a-Lago spiel starts at 5:00.

Here is Amy Goodman of “Democracy Now” on the big party and what it signifies.

There were more than 200 paid performers, mostly showgirls in provocative outfits. The girls in pink sequins displayed their partially/nude butts.

You too can go to the party with no commentary, because the footage is on C-SPAN.

Ka Vang, a columnist for the Minneapolis Star-Tribune, roasted Trump and his buddies.

It pays to be a billlionaire if you are a friend of Trump!

Josh Cowen is a prominent scholar of education policy. He spent 20 years as a voucher researcher and eventually concluded that vouchers are a failure. In every state that adopted and expanded vouchers, he found, the overwhelming majority of vouchers were claimed by parents whose children were already enrolled in private and religious schools or home-schooled. The small proportion of students who transferred from public schools to nonpublic schools experienced academic decline.

In his new Substack newsletter, Josh interviewed Gina Hinojosa, who is running for Governor of Texas in the Democratic primary. She has broad support in the party. Whoever wins will face Greg Abbott, who is running for an unprecedented fourth term. Abbott is a Trump man whose only goal is to cut taxes and enrich his billionaire pals, while ignoring the general welfare of the state’s people.

Here is the interview.

Today we’re launching a special feature of this newsletter—a series of spotlight interviews with political candidates, authors, and other public figures across the country. These interviews are going to be in a short, 5-Question format that I hope lets you get to know each person in a way that makes you want to know more. 

First up: Gina Hinojosa. Rep. Hinojosa is a five-term state legislator in Texas, and the frontrunner for the Democratic nomination to take on Governor Greg Abbott. 

I’m doing this interview just after Abigail Spanberger and Mikie Sherrill won huge margins in their race for the governorships in Virginia and New Jersey, respectively. Both—and especially Spanberger—made renewing and reinvesting in public schools a central piece of their campaigns, to go alongside affordability and health care as major issues in their states.

A recent poll by the Texas Politics Project at UT-Austin, shows Gina Hinojosa poised to join them: Governor Abbott’s approval ratings are at a dismal 32%, with 36% of Texas saying the state is headed in the wrong direction. 

Rep. Hinojosa took the national stage this spring, first in the school voucher fight against Abbott, who took in tens of millions in out-of-state funding from billionaires—including $12 million alone from Pennsylvania’s Jeff Yass. Then, she helped lead the fight against Abbott’s redistricting scheme, which at one point meant leaving the state to deny Abbott a legislative quorum.

Over the weekend, Gina appeared with California Governor Gavin Newsom at a Houston rally to celebrate the passage of Proposition 50 in Newsom’s state—a direct response to Abbott’s redistricting scheme in Texas.

Rep. Hinojosa has been endorsed by a vast array of Democrats and other community leaders across Texas, including both her colleague Rep. James Talarico and former Congressman Colin Allred, who are competing against each other for the Democratic nomination for the U.S. Senate. 

Here’s why Gina Hinojosa is running to reverse three decades of GOP control in Texas, and why 2026 is the year for her to do it.

State Rep. Gina Hinojosa (D) is running for governor in Texas (photo: Rep. GinaHinojosa).

1.) Hi Rep. Hinojosa. Thanks for taking a few minutes here. You’re running for governor of Texas. Obviously you’re running to serve Texans, but what do think people everywhere ought to know about who you are and why you’re running?

I never wanted to run for office. In fact, I made my husband promise to never run for office before we got married. But when my son was in kindergarten, his school was threatened for closure. I got angry. Several other inner-city schools were also on the chopping block. As part of a movement to save our schools, I ran for my local school board and won. We saved our schools for the moment. On the school board, I realized that schools would be under constant threat of closure so long as the state kept withholding funding from our neighborhood schools. So I ran for the Texas House, and I won. Once there, I was able to lead on negotiations to win a substantial increase in school funding–but that happened only because Governor Abbott was forced to focus on the real needs of Texans after a 2018 wave election for Democrats. After the 2020 election when Democrats underperformed, the priorities shifted back to the monied interests and schools came under increased pressure, culminating with the passage of a $1 billion school voucher bill this year. It’s no coincidence that Governor Abbott received a $6 million campaign contribution from an out-of-state billionaire who supports privatization. I realized that we would never have the Texas we deserve so long as we have a governor who can be bought. Texas needs a Governor who is for the people, not the billionaire class.

2.) You and I met when I came to Texas during the voucher fight—Governor Abbott took a bunch of money from out-of-state billionaires to ram school vouchers into your state. You were a leader in the fight to stop him, and although they were able to finally force voucher onto Texas families, I think there’s a lot for political candidates to learn from the success you did have standing up to Abbott and those billionaires for so long. What lessons did you take away from that fight?

We beat back Governor Abbott’s voucher scam in 2023 and that fight taught me that we can have powerful cross-party alliances when we focus on what is most important, our kids. I was proud to work with Texans from all parts of the state, both Democrats and Republicans, to beat back Governor Abbott’s voucher scam. We formed strong alliances that persist to this day. One night in a meeting that went late, I was talking to a Republican woman who had travelled to Washington on January 6th in support of President Trump. We came to the realization that we were being divided by culture wars and social issues that were a distraction from the real issue: the taking of our taxpayer dollars to line the pockets of the well-connected, rich elite. Once you see this, you can’t unsee it.

3.) Folks across Texas and all over the country also know your name from the redistricting fight—which Abbott started almost as soon as he was done pushing vouchers through. You and your colleagues had to leave the state at one point to try to stop him. Was there ever a point you wanted to just give up, go home, leave the fight to someone else?

I will admit feeling a certain frustration and exhaustion after 5 terms in the Texas House and in the trenches on every big, state fight that has mattered in the last 10 years. But rather than give up, I have shifted my focus and my fight to this run for governor. For me it’s not about giving up, but about finding my place. In this moment in history, many of us are trying to find our highest, best use. Once you find it, I believe the work gives energy rather than depletes.

4.) Like we do in my home state of Michigan, Texas has a big governor’s race and key campaigns like a tough Senate contest. I worry that there’s kind of an information overload right now for ordinary folks. How do you want voters—and frankly, donors—to think about which campaigns they should be paying attention to, and why the Texas governor’s race is one of them?

Great question. Here’s why our race for governor in Texas in 2026 should be the priority for every American. By the end of this decade, in a little more than 4 years, the Brennan Center predicts that Texas will gain 4-5 new congressional seats because of population growth that is expected to be reflected in the 2030 Census. Texas will be taking those congressional seats from Democratic-majority states like California. What this means is if Texas doesn’t flip blue by the end of the decade, there will not be Democratic control of Congress for a generation. And because congressional seats equate to electoral votes, the same is true for the presidency. If Texas does not flip blue before the end of the decade, there will not be a Democratic United States President for a generation. That’s just math. A Democratic governor of Texas can insist on fair maps and veto any maps aimed to silence the will of the voters. Recent history tells us that this midterm after Trump’s re-election is our best chance to make gains for Democrats. The 2018 midterm after Trump was elected the first time, Democrats swept in Texas. Democrats won 12 seats in the Texas House and made additional gains across the state without national “battleground” funding. This time we must be ready. The fate of the Union depends on it.

5.) What didn’t I ask about you, or your campaign, that you’d like folks in Texas and across the country to know heading into 2026?

We are in a moment in history. Not of our choosing, but it chose us. This moment doesn’t care that we are tired or scared. What happens in our country at this moment will determine whether or not our children inherit a country where they will live free and be able to pursue their dreams and happiness. The stakes couldn’t be higher and there is no escaping from that reality. What we can do is find and join collective efforts dedicated to meeting the moment. We can find support and camaraderie in these efforts. We are very fortunate that there are so many dedicated to doing what is good and right. In fact, I still believe that most Americans are committed to the greater good. (Ignore social media!) Get out there! Meet each other. There is power when we come together and there is peace of mind in asserting that power.

Bonus question: I don’t know any candidates with time to watch TV these days, but give this a shot: which show have you seen or streamed lately that you’re excited about—or can’t wait to check out one day ?

I love The Diplomat on Netflix! My favorite character is Hal.

For the record: I also love The Diplomat, though my favorite character is Todd. 

You can chip in to Rep. Gina Hinojosa’s campaign right here.

Over the weekend, Hinojosa joined CA Governor Gavin Newsom at a Houston rally.

The big money promoting privatization in Denver tried to capture the Denver school board, but was defeated by candidates endorsed by the Denver Classroom Teachers Association.

Chalkbeat Colorado reported:

Denver school board candidates backed by the teachers union won all four open seats Tuesday, unofficial election returns show, making it likely the board’s current balance of power will hold.

Eleven candidates were vying for four seats on the seven-member Denver school board.

Union-backed candidates won by commanding leads in three of the races and a solid lead in the fourth, according to unofficial returns. Two of the three incumbents who ran for reelection, Michelle Quattlebaum and Scott Esserman, lost their seats.

Teachers union-backed board members have controlled the board of Colorado’s largest school district for the past six years. Members who support charter schools and other education reform strategies gained a bigger foothold in 2023 and had a chance to flip the board majority this year.

Now, the board will continue to be composed of four members who were endorsed by the teachers union and three who were backed by reform interests.

Denver Classroom Teachers Association President Rob Gould called the early returns on Tuesday a victory of “people over money.” Like in past elections, reform groups were on track to outspend the teachers union, according to the latest campaign finance reports.

Shareholders of Tesla just endorsed a contract with Elon Musk worth $1 trillion!

The dramatic inequality of wealth and income in the U.S. upsets many people, even middle-class people. The pain is spreading. In the past few months, many thousands of workers and corporate executives were laid off. What does the future hold for them?

The party in charge of the federal government has closed down the government rather than continue health insurance benefits for millions of their fellow citizens. The Republicans have gone to court and fought to cut off SNAP–food stamps–to feed the poorest Americans.

Yesterday, a federal Judge ordered the Trump administration to fully fund SNAP. The Trump administration is going to a higher court in hopes of reversing the order. Let the hungry eat cake!

All the while, Speaker Mike Johnson sent House members home to avoid negotiating any changes in a cruel budget. When asked, he lies and says that Republicans are fighting to save the very programs they are killing. Lying seems to come naturally to him.

Here is the Trump ideal: Stockholders of Tesla just voted to award $1 trillion to Elon Musk if the company continues to prosper.

The New York Times reported:

Tesla shareholders on Thursday approved a plan that could make Elon Musk the world’s first trillionaire, two days after New Yorkers elected a tax-the-rich candidate as their next mayor.

These discrete moments offered strikingly different lessons about America and who deserves how much of its wealth.

At Tesla, based in the Austin, Texas, area, shareholders have largely bought into a winner-takes-all version of capitalism, agreeing by a wide margin to give Mr. Musk shares worth almost a trillion dollars if the company under his management achieves ambitious financial and operational goals over the next decade.

But halfway across the country, in the home to Wall Street, Zohran Mamdani’s victory served as a reminder of the frustrations many Americans have with an economic system that has left them struggling to afford basics like food, housing and child care.

Is this the American Dream?

If you have been following this blog for a long time, you know that in my estimation one of the best (actually the best) education bloggers is Peter Greene. Peter taught high school students for 39 years in Pennsylvania. He knows more about teaching than all the experts at the elite universities.

Best of all, he has a keen eye for flimflammery and a great sense of humor. His is one of the few blogs that makes me laugh out loud. He pierces through BS and shysters with ease. And he’s more prolific than anyone I know. Some years back, I devoted every post on one day to Peter’s writings. I consider him to be one of my teachers.

So I was immensely grateful when I discovered that he reviewed my memoirs in both Forbes and, in a different voice, on his blog Curmudgacation.

Here is his blog review:

Over at Forbes.com, I’ve posted a piece about Diane Ravitch’s new memoir, An Education. That’s my grown-up fake journalist piece; but I have a few more blog-appropriate things to say. 

Most folks know the basic outline of the Ravitch career, that she was a recognized and successful part of the conservative ed reform establishment who then turned away from the Dark Side and joined the Resistance–hell, basically co-founded the Resistance. 

I have never heard her talk or write much about what that change cost her, and she doesn’t really talk about it in those terms in this book, but the early chapters show just how in that world she was. Connected to all the right people, welcome at all the right gatherings, in demand as a speaker, and the people–the names just keep coming. Ravitch was in the Room Where It Happens, and not just in it, but close friends with some of the folks in it with her. And she walked away from all that.

I don’t point to that to say we should feel sad for what she gave up, but as a sign of just how tough she is. She looked at the reality on the ground and concluded that she had to change some core beliefs, and having changed them, she had to act on them. If there was more of that kind of intellectual and ethical toughness in the world, the world would be a better place. It’s unusual enough that folks on the privatizer side have often assumed that someone must be paying her off, and a handful of people on the public school side were reluctant to fully trust her. 

There are other details in the book that attest to her guts and hard work. Her first book, The Great School Wars, was a history of the New York City public school system– a massive research project that Ravitch in her mid-thirties just assigned to herself, a project so thorough and well-constructed that she could use it as her PhD thesis. 

There are lots of fun details in the book– imagine the young Diane Ravitch swinging on a rope ladder outside a Wellesley dorm room where a formal dinner was in progress.

The book tells the story of how she got there, how she concluded that the policies that she had believed in were simply not so. And again– many another person would have at that point either kept going through the motions, or retreated to a quiet cave, but Diane instead became an outspoken critic of the very policies, organizations, and people who had been her professional world.

Back in the early 2010s, I was a high school English teacher in a quiet rural and small town corner of Pennsylvania. I knew things were happening in education that just felt really wrong, and I went searching for answers. What I found was Diane Ravitch’s blog, which was like a gathering place for many voices of advocacy for public school. It was where I found many writers who could help me make sense of things like Common Core and NCLB’s undermining of public education. 

There are several people who were responsible for my finding an audience (or the audience finding me) but it was Diane’s blog that got me my earliest connections to audiences. I didn’t know any of these folks, didn’t have any of the connections that hold together movements. At my first NPE conference, the most common question I got was some version of “Who the heck are you and where did you come from?” Diane’s network had made it possible for me to find my connections with a larger movement.

I’m just one example of how Diane’s extraordinary generosity in sharing her platform allowed all sorts of supporters of public education from all across the country to connect and support each other. It’s a notably different approach to leadership than, say, making a movement all about yourself in an attempt to collect personal power on the backs of followers instead of lifting everyone up to be a leader and activist in their own little corner of the world.

The book provides part of answer to where a person like Diane comes from, where that kind of intellectual and ethical courage and diligence come from. And it also provides a clear, compact explaining of where modern ed reform has gone wrong, from the toxic test-and-punish approach of NCLB to the billionaire-driven privatization push to the culture panic debates currently raging. If you want to hand someone a quick simple explainer of what has gone wrong, you can do worse than the last few chapters of this book.

At 223 pages, this is a brisk read but an illuminating one. I highly recommend it

Veteran educator Mike DeGuire scoured through the public list of campaign contributions to the Denver school board elections.

The pro-charter funders are made up of billionaires, charter school operators, and big-money privatizers.

Among the donors to school board elections are billionaire Philip Anschutz, the richest man in Colorado; he was also a funder of the anti-public school documentary titled “Waiting for Superman,” which claimed falsely that charter schools are the answer to all the problems of public schools.

Other billionaire donors include Netflix founder Reed Hastings and John Arnold, a former trader at Enron.

Then there’s an alphabet series of organizations, some of which use fancy names–the equivalent of Parents for Public Schools– to hide the fact that they are pro-charter.

It’s hard for the average voter to make sense of the election with so many groups endorsing certain candidates.

Tto cut through the hype and propaganda of the charter lobby requires a wise ally.

Mike DeGuire has the experience and wisdom to sort out the charter groups from the true friends of students, teachers and public schools.

And he does it in this article.

If you read only one article about what happened to the students, teachers and schools in the aftermath of Hurricane Katrina, this is the one. Ashana Bigard is a parent of students in New Orleans. Elizabeth K. Jeffers taught in the NOLA district.

Turning New Orleans into an all-charter district may have raised test scores–although New Orleans is still a low-performing district in one of the nation’s lowest performing states–but as you will learn by reading this article, the transformation was a disaster for students, their families, their communities, and their teachers.

Please read!

This article was produced by Our Schools. Ashana Bigard is the director of Amplify Justice, an educational advocate, and author of Beyond Resilience: Katrina 20. A dedicated mother of three, she serves as an education fellow for the Progressive magazine’s Public Schools Advocate project and is a director-producer of numerous video and audio productions. Follow her on Bluesky @AshanaBigard. Elizabeth K. Jeffers, PhD, is an assistant professor at the University of New Orleans who began teaching in pre-Katrina New Orleans public schools. Her scholarship focuses on school choice and community-based inquiry. Her research has been published in Educational Evaluation and Policy Analysis, Educational Policy, the International Journal of Qualitative Studies in Education, and other scholarly journals. Follow her on Bluesky @ekjeffersphd.

To mark the 20th anniversary of Hurricane Katrina’s devastation of New Orleans, numerous articles and opinion pieces have appeared in prominent media outlets touting the supposed improvement of the city’s public school system since the storm.

Katrina’s immediate aftermath saw the state of Louisiana disempower the democratically elected school board by taking over the management of 107 out of 128 schools. This led to the termination of 7,600mainly Black and womenteachers, paraprofessionals, cafeteria workers, clerical workers, principals, and other permanent employees, and the eventual conversion of all of the city’s public schools into privately managed charters.

A Washington Post column, “‘Never Seen Before:’ How Katrina Set off an Education Revolution,” by British journalist Ian Birrell, proclaimed the transformation a “miracle.” Another opinion piece in The 74, “The Inconvenient Success of New Orleans Schools” by Ravi Gupta, the founder and former CEOof a charter school network, stated that the New Orleans school system shaped by Katrina was “a model that should theoretically appeal to both sides of America’s education debates. It delivered the academic results that reformers promised while addressing the equity and community concerns that critics raised.”

As proof of their arguments, both authors pointed to a June 2025 report, “The New Orleans Post-Katrina School Reforms: 20 Years of Lessons” by Douglas N. Harris and Jamie M. Carroll of the Education Research Alliance for New Orleans. Pulling from the data presented in that study, Birrell said the case for declaring New Orleans-style education reform a “remarkable success” is “pretty definitive,” and Gupta called this supposed success an “unequivocal conclusion.” As a longtime youth advocate and community leader and an assistant professor at the University of New Orleans, who was a public school teacher in the city, we invite you to consider whether this data alone proves that New Orleans public schools and the families they serve are better off after 20 years of “reform.”

Although Gupta warns against “[falling] into the tyranny of the anecdote when reporting on fraught education debates like those over the meaning of the New Orleans reforms,” we’d like to tell you about Rio, whose last name has been withheld for privacy reasons. Rio attended 12 different schools in New Orleans, many of which were shut down suddenly, before he finally graduated from a school that is now also closed. Rio’s story is not atypical of the human costs of the New Orleans school system, where closures are a defining feature and evidence that the disaster Katrina wrought on the schools is still happening.

Forced to traverse the fragmented charter system that has replaced the public system of neighborhood schools, New Orleans students are often traumatized by multiple school closures. Decades of researchattest to the academic, emotional, and economic harms that result from severing social connections that families, faculty, and staff have had with schools and with one another.

For instance, obtaining a job reference letter from a former teacher should be simple for students to do, but that task becomes an obstacle course for many young adults from New Orleans, like Rio. Black Man Rising, a national group providing outreach and mentorship for Black youth, had to intervene to help him obtain the letter that made the difference between him being able to financially support himself and being just another addition to the statistics of Black youth who are unemployed and incarcerated.

Rio’s story illustrates a central paradox of the New Orleans system: Black families and communities continue to be severed and displaced as a result of failed leadership at the federal, local, and state levels. While the storm may be over, the disaster continues. On the other hand, white children in New Orleans rarely experience school closures.

The near obliteration of democratic public schooling

In addition to severing families from their neighborhood schools and educators, Katrina reforms have nearly obliterated democratic participation in ways that would shock most Americans.

New York University professor Domingo Morel contends in his book Takeover: Race, Education, and American Democracy that state takeovers do not generally improve test scores or graduation rates; instead, they are about removing political power, as Black school boards have historically functioned as entryways for Black political leaders.

In a similar vein, Louisiana legislators, in the immediate aftermath of Katrina, passed Act 35 in November 2005, which expanded the state-run Recovery School District’s (RSD) jurisdiction over New Orleans public schools during an emergency session when voters were dispersed across the country and many were still searching for their loved ones. The new laws removed the parent and teacher approvals required for charter conversions.

State legislation also enabled the termination of the majority Black teaching force, gutting the teachers’ collective bargaining unit, United Teachers of New Orleans (American Federation of Teachers, Local 527), and further removing obstacles for top-down reform. Research conducted by University of Wisconsin-Madison professor Kevin L. Henry and his co-author has shown how the “charter school authorization and application process” used in post-Katrina New Orleans “reproduces white dominance.” While another study published in the journal Urban Education points to how charter schools consolidate power “in ways that limit local Black political power.”

Consider the example of Kira Orange Jones, whose case perfectly illustrates how educational democracy has been dismantled. In 2011, Jones raised $478,000for her Board of Elementary and Secondary Education campaign—much of it from out-of-state donors connected to Democrats for Education Reform and charter school advocacy groups. Her opponent raised just $19,000, creating a 25-to-1 spending disadvantage. But the campaign money was just the beginning. Jones simultaneously served as executive director of Teach For America’s (TFA) Greater New Orleans chapter while sitting on the board that approved TFA’s $1 million state contract with Louisiana. When ethics complaints were filed in 2012, the Louisiana Ethics Board overruled its own staff’s recommendation that Jones choose between her TFA position and her board seat.

While NOLA Public Schools mandates charter school governance boards to include an alumnus or a parent, legal guardian, or grandparent, who is either elected or appointed, Katrina school reforms have nearly obliterated democratic participation. Parents often don’t find out when school board meetings are happening, let alone have access to board members’ email addresses or phone numbers to voice concerns. Even local reporters who tried to obtain basic contact information for charter school board members have been stonewalled. There is no state requirement that charter school boards meet at times that are convenient for working parents to attend.

The absence of neighborhood schools is an additional obstacle for parents who rely on public transportation. And although charter schools seemingly returned to an elected school board in 2018, the public has virtually no control over individual charter schools, which maintain complete autonomy over curricula, calendars, certification requirements, contracts, and daily operations.

Shadow suspensions and ‘behavior problems’

Louisiana has long been among the states with the highest rates of student suspensions and expulsions, and Black students are more than twice as likely to be suspended compared to white students and receive longer suspensions for identical infractions, according to an analysis of 2001to 2014 figures by Education Research Alliance for New Orleans. In New Orleans, suspension and expulsion rates rose sharply after the storm but then stabilized. Nevertheless, some charter schools continued to suspend and expel high percentages of students.

But that’s just the official data. More recently, several parents have reported that their children are being sent home from school without receiving official suspension papers. Elizabeth’s field notes attest to students’ reports of one charter school network sending students to “the RC room” (restorative center) where they are forced to sit in cubicles, complete detention assignments, and write apology letters in a secluded room. This shadow suspension system allows schools to push out Black students without creating the paper trail that might trigger oversight or intervention. Children lose days or weeks of education in bureaucratic limbo, with no formal process and no recourse. And large numbers of students, often labeled as “behavior problems,” remain enrolled in alternative schools, rather than mainstream degree programs, according to state data.

Community-rooted educators replaced by managers

New Orleans teachers once lived in their communities. Most were career educators who taught generations of children, creating lasting bonds that extended far beyond the classroom.

Ashana experienced this personally at a small school called New Orleans Free School. As someone who is extremely dyslexic, she felt inadequate throughout most of her educational life until she encountered teachers like Woody, Janice, Jeanette, and Jim—two of whom, Jeanette and Jim, have since passed away. Woody still leaves encouraging comments under articles she has published, telling her he is proud of her. He, along with the others, encouraged her and insisted she could be brilliant despite her spelling difficulties. They told her she could be a writer. They emphasized that we all have different skill sets that we can develop, and that none of us is perfect, but that we can practice and grow.

This encouragement didn’t end when Ashana left Free School. The advice and support continue today. That’s what it means to have authentic relationships with your teachers. That’s what it means to be rooted in your community. Unfortunately, Ashana didn’t have the opportunity to send her children to that school to be educated by those incredible educators. The school that gave her a love of learning shut down.

The structure of charter schools severs critical bonds between schools and families. For instance, in her book Beyond Resilience: Katrina 20 Ashana recounts a teacher reaching out to her for resources to help with one of her students years before the storm. The child’s mother, who worked two jobs as a housekeeper and restaurant server, struggled to care for her seven children.

Her nine-year-old son often arrived at school dirty and disheveled because their washing machine had broken, and despite the mother’s instructions, the children didn’t wash their uniforms in the tub while she worked overnight shifts. Although the mother worked tirelessly, her extremely low reading level meant she was unaware of how to apply for assistance programs that could have helped her family. Most importantly, she probably didn’t believe she qualified for help. This teacher understood the family’s circumstances and worked to connect them with resources rather than simply reporting the situation to authorities.

This kind of close relationship between educators and families has become increasingly rare in the Katrina experiment. For instance, Ashana encountered a similar situation that ended differently. A family facing tough times was reported to the Office of Children and Family Services (OCFS) multiple times for neglect. When OCFS attempted to provide services, the mother, terrified that her children would be taken and placed in foster care as she had been, and having suffered abuse in that system, fled Orleans Parish with her children. She moved them to a motel in St. Bernard Parish, leaving everything behind. The children weren’t enrolled in school for almost a year until someone tracked them down and helped them return to the city and reintegrate into the school.

Somehow, punitive measures for Black parents and children have been equated with success—which raises the question: What exactly is the reform proponents’ definition of success, and what was the goal from the outset?

The current system has replaced community-based educators with a top-heavy administrative structure. New Orleans charter schools spend significantly more money on administration, even as teacher shortages remain high. For instance, InspireNola Charter Schools, which only manages seven schools, paid three executives a total of $667,000 for the fiscal year 2023.

Meanwhile, the constant “churning” of schools and the absence of a collective bargaining agreement have led to a larger system that dehumanizes teachers. In fact, the RSD required certified teachers who chose to return to their pre-Katrina schools to complete a “basic skills test” (akin to a literacy test).

But that was only the beginning of the disaster for New Orleans educators. One Black veteran explained to Elizabeth: “The RSD was bouncing teachers around like balls.” That is, the state takeover district issued letters labeling numerous experienced teachers as “surplus” when their schools transformed into charters. Many of these schools recruited inexperienced teachers who were expendable, accepted lower salaries, and could be programmed to adhere to the ideology of reform. The absence of collective bargaining power, arbitrary closures, and charter takeovers eventually led many career teachers to “choose” between commuting several hours a day to schools in outlying parishes and changing careers. Twenty years after the district’s purging of its unionized teachers (the United Teachers of New Orleans), only five of the city’s 90 charter schools are unionized.

In another example, Ashana recounts in her book about how a teacher whom she advocated for brought a doctor’s note to her school’s chief financial officer to document a urinary tract infection and request restroom breaks. The administrators emailed her to offer reimbursement for adult diapers. This example of denying teachers basic respect and humanity illustrates what is seen as a continual disaster. If educators are treated this way, imagine the conditions students face.

The cruel reality of ‘choice’

The current “choice” system has created impossible decisions for families. Consider the mother in New Orleans East who must choose each morning which of her two children to accompany to their bus stop, because the system doesn’t allow siblings to attend the same school. She would have to explain to her young daughter, who is clutching a bright orange whistle for safety, “Today I’m going to stand with your brother, but tomorrow it’ll be your turn.” The little girl, frightened at the prospect of standing alone, pleads with her mother, but is told, “I’m sorry, you know this is just the way it is for right now.”

This mother, with tears in her eyes as her children clung to her legs, captured the cruel reality. With this new choice system, she doesn’t get to choose to have both of her children sent to the same school. She gets to choose which one she can stand with every morning. That’s no choice at all.

Propaganda masquerading as research….

I have quoted too much already. Open the link to finish this sobering and important article.

Mike DeGuire is a veteran educator in Denver. He says it’s time to take stock and assess the damage that “reform” has inflicted on students and public schools in Denver.

He writes in the Colorado Times Recorder:

Is public education a public or a private good? This issue is at the heart of the school choice debate sweeping the country.  

Advocates for school choice are advancing policies that move us toward the privatization of our schools, treating our children’s futures as commodities rather than community investments. This well-funded bi-partisan coalition promotes privatization through charter school expansion, vouchers, tax credits, and education savings accounts. Republicans use the words “parental rights, freedom and competition,” while neoliberal Democrats brand it as “innovation and expanding opportunity.” 

Public education is one of the last shared institutions that binds us together across race, class, and geography; when we weaken it, we weaken democracy itself.

The result is the same for communities when privatization becomes a reality in red states with vouchers or in blue cities where most charter schools are located. Vouchers segregate schools by class and race, diminish the importance of community, and severely limit funding for public schools.

Charter schools operate like private schools, create competition for students, often have unelected boards. Additionally, the charter schools, not the community, get to determine who enrolls, who stays, and what kind of learning takes place. As marketplace ideology takes over, public dollars and democratic control move from local neighborhood schools to private boards and political operatives.

Denver Public Schools (DPS) shows how this movement works in a blue city, and why it matters now in Trump’s vision of America’s education system.

Different slogans, same destination

On the right, and in most Republican-led states, legislatures enacted policies to privatize education with vouchers and education savings accounts (ESAs) designed to route public funds to private and/or religious schools. Often, these tactics originate with model bills written and promoted by the American Legislative Council (ALEC) and their allies. The goal is to let public dollars “follow the child,” which means diverting them away from democratically governed school districts.

On the neoliberal Democratic side, the mechanism is the charter-centric “portfolio model.” Local school boards often elected with large amounts of pro-reform money approve policies to close or “restart” neighborhood schools. Then they open new charters, bring in “operators” deemed to be “effective,” and the district “manages” the schools and their networks like an investment portfolio. 

This storyline was supercharged under the Obama administration’s Race to the Top, which rewarded states for removing barriers to charter growth and for aggressively initiating school “turnarounds.”

The overlap with Republicans and Democrats is structural. Both sides define schooling as a marketplace and shift authority from elected school boards to private actors, like charter boards, appointed authorities, and national nonprofits. In their book, “Wolf At the Schoolhouse Door,” Jack Schneider and Jennifer Berkshire describe “how Republicans and Democrats joined to support failed policies whose ultimate goal was to eliminate public education and replace it with a free-market approach to schooling.”

Charles Siler, who worked as a lobbyist for the libertarian Goldwater Institute, told the Washington Post that “Charter schools are part of the incremental march towards full privatization. In many ways, charter schools are the gateway to total public-school dismantling.” Since vouchers are unpopular with the public and some lawmakers, Siler continued, “privatizers have to engage in incrementalism, and they use different names to create a sort of moving target.” 

Privatization by Nick Youngs

Selling school closures with a false narrative

Both camps sell the public on privatization by claiming that “failing test scores” prove neighborhood schools, especially those serving Black and Brown students, are broken beyond repair. They argue the racial achievement gap is proof that these schools must be shut down and replaced with charters through “school choice.”

This narrative is deeply misleading. First, decades of research show that standardized test scores mostly measure socioeconomic status and neighborhood inequality, not the quality of individual schools. Poverty, housing insecurity, and systemic racism drive disparities, not the mere fact of attending a district school.

Second, the research demonstrates that replacing schools with charters has not closed achievement gaps. Denver Public Schools illustrates the point: after years of churn, closures, and huge charter expansion, racial disparities in achievement persist. Black and Latino students continue to score lower on state tests than white peers — not because they are “trapped in failing schools,” but because privatization has siphoned resources from their neighborhoods, destabilized communities, and ignored root causes.

Bipartisan funding for similar goals

The funding networks and foundations knitting these free-market agendas together are deep-pocketed and bipartisan. For instance, the conservative Walton Family Foundation underwrites charter startups and charter facilities nationwide, spending well over $1 billion on this effort. The majority of their political spending goes to Republican causes, with over 2/3 of their PAC money going to Americans for Prosperity, founded by the Koch brothers. 

In his book, “Kochland: The Secret History of Koch Industries and Corporate Power in America,” journalist Christopher Leonard describes how the American Legislative Exchange Council (ALEC), a Koch-funded right-wing group, creates model legislation which can be introduced in state legislatures. Many of these bills aim towards privatizing schools by implementing voucher programs.

City Fund raised millions, largely from Netflix founder Reed Hastings and hedge fund manager John Arnold, to spread charter schools in over 40 cities through portfolio management systems and by bankrolling local political action groups. While Hastings supports Democratic causes, he is opposed to teacher unions and believes that local school boards should be abolished. Arnold, also a Democrat, gifted the KIPPcharter network millions, and like many billionaires today, is seen as cozying up to the Trumpadministration for influence.

The Bradley Foundation and ALEC financed the policy and political infrastructure for vouchers and ESAs for decades. The Bradley Foundation, the Colorado-based Coors family, and the Koch foundation were three of the six billionaire families that funded Project 2025, which has been the playbook for Trump since he took office in January. 

Many of these same philanthropic and political dollars fund both a Republican voucher push and a Democratic-branded charter expansion — two lanes of the same privatizing highway.

Denver: a “portfolio” laboratory

Denver is often cited by education reformers as a national model as it implemented unified enrollment, systematic school closures, and rapid charter school growth. But the backstory behind who paid for these policies is less sanguine. A Network for Public Education report details how Denver Public Schools became a neoliberal “experiment,” using a web of nonprofits and political groups to expand charters and restructure the school district.

Both Republicans and Democrats contributed large amounts of money in Denver school board elections to promote corporate reforms, such as teacher pay for performance, school choice systems, and enrollment zones. In the 2017 DPS school board election, billionaires gave huge sums to the Denver candidates favoring charter school expansion. According to a report from the Network for Public Education Action, these included “Colorado billionaires Phillip Anschutzand Kenneth Tuchman, and out-of-state billionaires John Arnold of Texas and the Alice, Jim and Stuart Waltons of Arkansas.”

Both sides define schooling as a marketplace and shift authority from elected school boards to private actors, like charter boards, appointed authorities, and national nonprofits. 

Meanwhile, years of churn and school closures left communities reeling. Even reform-friendly analyses concede that the “portfolio model” era meant opening lots of charters and closing or “replacing” dozens of neighborhood schools. Researchers studying this model have cited significant concerns with the efficacy of the model, including equity issues, narrow reliance on test scores, instability and churn, tensions among schools, and loss of democratic control and community voice.

In a 2016 article, progressive education advocate David Osborne documented that “Since 2005 [Denver] has closed or replaced 48 schools and opened more than 70, the majority of them charters.” 

The billionaires’ money helped maintain a pro-charter majority school board until 2019 when teacher union-backed candidates were elected because of organized community backlash to the reforms and unrest after a teacher-led strike that year. That shift caused alarm bells among the billionaire backers of the pro-charter movement. They moved quickly to expand their funding to two political action groups in Denver.  

RootED and Denver Families for Public Schoolsreceived over $38 million from Reed Hastings’ City Fund organization, which they used to promote their pro-charter agenda through grants to charter schools, local think tanks, and other community groups. Their efforts paid off in the 2023 school board election, when three of their endorsed candidates won their elections after Denver Families Action spent nearly $1 million to promote their campaign.

Outside spending has transformed Denver board elections into major dark money funding events, with the 2023 election hitting $2.2 million, just shy of the 2019 record of $2.3 million. 

In an op-ed for Charter Folks, Clarence Burton and Pat Donovan, leaders for Denver Families for Public Schools, described their plans to repeat the 2023 wins in the upcoming November 2025 school board election. They may spend some of their vast resourcesfrom City Fund to sway voters.

In the next four years, DPS faces continued enrollment declines, and district leaders seem inclined to approve more closures to rebalance finances. That is the portfolio playbook’s endgame: when money is scarce, close neighborhood schools and expand privately run options. If successful in electing their endorsed candidates, Denver Families Action is poised to help that happen.

Do charters drain district resources? What the evidence says

District leaders and parents feel the fiscal squeeze when enrollment flows to charters. Fixed costs don’t disappear just because 5% or 10% of students leave. Research consistently warns that losses to enrollment can trigger costs that are not fully “variable” — you can’t cut 1/20th of a teacher or 1/10th of a bus route. Studies from New York and other locales estimate significant per-pupil losses in host districts as charter school share rises. 

policy brief from the National Education Policy Center summarizes the structural mechanisms that occur with fixed costs, diseconomies of scale, and shifting student composition. The brief describes how “a network of philanthropists and wealthy donors have reshaped the political economy of school finance, advocating for school voucher policies, charters, and privatization in the face of declining public-school enrollments.”

Pro-charter think tanks argue the picture is “mixed,” especially longer-term if districts close schools and cut staffing, the very things communities have fought against. But even those reviews concede there are short-term inefficiencies and significant harms. In practice, these policies mean closures, layoffs, and program cuts in neighborhood schools. 

This bipartisan push undermines neighborhood schools, deepens inequality, and places corporate interests above the common good.

Trump-world raises the stakes

Under President Trump’s second term, privatization is not just encouraged; it’s federal policy. A January 29, 2025, White House directive ordered the Education Department to steer states toward using federal formula funds to support K-12 “choice” initiatives, which was a direct push for vouchers and related schemes.  

Trump’s “Agenda47” likewise spotlights universal school choice as a signature plank, tied to dismantlingprior civil-rights guidance and reshaping federal oversight. Plans to weaken or abolish the Education Department are framed as clearing the path for parental choice

Trump’s Education Secretary Linda McMahon increased the federal department budget for charter schools by $60 million to a historic record of $500 million. At the closing session of the National Democratic Governors Association meeting, McMahonstressed to the governors they should open charterand micro-schools to promote more competition. This is the Republican Lane, wide open.

The Heritage Foundation’s Project 2025 promoted federal tax credits for vouchers, which are now approved federal legislation. The CEO of Democrats for Education Reform is pushing Democratic governors to use these new federal vouchers to expand learning opportunities for economically disadvantaged students or lose “free federal money.” 

The policy highway already built by the neoliberal Democrats (charter growth, closures, portfolio management) has made it easier for a voucher-first administration to push public taxpayer dollars out of democratically governed systems. That’s the interlock: Democrats normalized the market; Trump-world aims to privatize the whole store.

The bottom line

Denver is not an outlier — it’s a warning. A bipartisan coalition normalized the idea that public education should be run like an investment portfolio, where schools are opened, closed, and “reconstituted” based on technocratic dashboards and political spending. The Trump administration’s voucher agenda, promoted for decades by the Koch brothers and other conservatives accelerates the same logic, now directs federal policy to help states route public dollars out of public governance altogether. 

If we believe education is a public good — funded equitably, governed democratically, and accountable locally — the public must see charter expansion and vouchers as two halves of the same privatization project. When education is treated as a public good, it is essential for democracy, civic participation, economic stability, and social cohesion. 

Every child deserves an equal chance in life. Therefore, education must remain a public good — not a marketplace where opportunity is limited to the school’s choice of selecting students. The question isn’t whether our schools should be run like private businesses. It’s whether we are willing to fight for education as a right, not a privilege.

And, if the public cares about our children’s future,they need to vote, organize, and promote legislation accordingly.


Mike DeGuire, Ph.D., is the vice chair of Advocates for Public Education Policy. He has been a teacher, district level reading coordinator, executive coach, and a principal in the Denver metro area for most of his education career. He also worked as a leadership consultant for several national education organizations, and as an educator effectiveness specialist with the Colorado Department of Education. His writing is also featured on a4pep.org.

There was a time long ago when the FCC would block the merger of two major television networks. Too much consolidation is not healthy for democracy. But under Brendan Carr, the prospect of a megabillionaire buying two networks is possible because he’s a friend of Trump.

The most stunning revelation occurs in the last paragraph.

Oliver Darcy writes on his invaluable Status blog:

Inside the halls of Hudson Yards, and across CNN’s bureaus worldwide, staffers have been anxiously whispering about the suddenly real possibility of yet another corporate takeover. The network, which has already changed ownership twice in the past decade and weathered multiple leadership shakeups, may soon be thrust into another period of upheaval as the Ellison family prepares a bid for Warner Bros. Discovery, the David Zaslav–led conglomerate that owns CNN. 

An Ellison takeover would be unlike anything CNN has seen in its 45-year history. Since acquiring Paramount, David Ellisonhas sought to steer CBS News into more Donald Trump-friendly waters, installing a MAGA-leaning ombudsman to review complaints of bias and moving to acquire Bari Weiss’ The Free Press with plans to install her as editor in chief, or something close to it. WBD already dialed back CNN’s aggressive, Jeff Zucker-led Trump reporting when it took over the network as its parent company in 2022, but an Ellison regime could go much further. In such a scenario, it’s likely that the anti-woke, anti-D.E.I. Weiss, who has spent years bashing the mainstream press, would not only wield influence at CBS News, but would ultimately be handed editorial authority at CNN itself. 

According to nearly a dozen current employees and people familiar with the mood inside CNN, that prospect has unnerved network staffers, who harbor deep unease at the idea of reporting to Weiss. The fears have only deepened by the expectation that Ellison would pursue cuts if he merges CBS News and CNN—which I understand would be the plan should he acquire WBD—to eliminate redundancies.

Mark Thompson, CNN’s chief executive, has certainly picked up on the palpable fear in his newsroom, and has spent the past week attempting to steady the ship. I’m told that he has spoken privately with senior staff and on Monday phoned into the company-wide morning editorial meeting from London, urging calm and focus. When the Ellison family’s plan leaked to the press last week, Thompson also addressed the matter in an all-staff memo, signaling the seriousness in which CNN’s leadership is digesting the situation.

“News about potential consolidation and where our broader sector is headed is an everyday part of our industry,” Thompson said in the memo, obtained by Status. “I therefore suggest that you take this story and any subsequent similar ones with a sense of proportion. The best way we can safeguard CNN’s future as an outstanding independent global news provider is to take our own destiny in our hands and execute our own strategy as energetically and successfully as we can. Our predecessors never let speculation about changes of parent company ownership–and there were more than a few–distract them from the task of building a successful CNN and I don’t think we should either.”

Still, Thompson’s reassurances have hardly erased the anxiety, given that an Ellison takeover would be no ordinary change of corporate hands, a la AT&T’s purchase of the WarnerMediaassets. Many staffers were already worried by WBD’s existing plan to spin off CNN and other linear networks into a separate company by early next year, which would be led by notorious cost-cutter Gunnar Wiedenfels. “Keep calm and carry on doesn’t cut it in this context,” one staffer told me this week. “People are very worried,” said another, noting that Weiss “seems to have a lot of preconceived and incorrect notions about CNN.” A third added bluntly, “No one knows what the hell to expect.”

“It’s quite something for an organization that has constantly been on pins and needles for several years now, wondering what new change will come next,” that staffer continued, underscoring the constant uncertainty.

There’s also a strong sense of déjà vu. CNN is preparing to launch its second standalone streamer next month, as we previously reported, just three years after Zaslav pulled the plug on CNN+ following the WBD takeover. Thompson stressed in his memo last week that CNN’s streamer will launch “on time and on budget,” no matter the speculation swirling around the company. “Indeed, we plan to double down on the whole digital plan and execute it as soon as we can,” he told staff in his memo. But if Ellison gains control, the fate of CNN’s digital strategy could be rewritten, just as it was when Zaslav gained the keys to the castle.

Of course, the necessary caveats do apply. The Ellison family may be preparing a bid, but they have yet to submit a formal offer. It also goes without saying that if the family does make a play for WBD, corporate transactions take time to shake out. And even if the WBD board immediately accepts an offer, it would still take several months to close and then more time for the Ellison family to determine next steps for the company’s pile of assets. Nevertheless, WBD’s board may not ultimately have much of a say in the matter, given its members have a fiduciary responsibility to shareholders. If they receive a good offer, it’s difficult to see how they’d reject it.

In truth, CNN’s future may soon be beyond the control of both Thompson and Zaslav. While Zaslav may hope to gin up interest from rival bidders, it’s hard to imagine there are other companies that would wish to swallow WBD’s entire portfolio of assets whole, never mind whether they have the ability or desire to outbid the Ellison family, which is said to be preparing a cash offer after seeing their wealth surge nearly $100 billion last week. For CNN staffers who never quite adjusted to WBD ownership and might still yearn for the Zucker years, the reality is sobering: yet another transformation may soon be on the horizon, one that could redefine the network’s identity in a much more significant way.

The Ellison family saw its wealth surge by nearly $100 billion in the last week. Think about it.