Archives for category: Billionaires

 

Bill and Melinda Gates ignore critics of their philanthropic efforts to change society as they wish. They even host weekly meetings with other billionaires, like Mark Zuckerberg and Charles Koch, to share ideas about redesigning the world.

In an article in Forbes, Gates defended his record and blamed me for the failure of the Common Core standards, which happened because I used the phrase “billionaire boys club” in my 2010 book “The Death and Life of the Great American School System: How Resting and Choice Are Undermining Education.” Actually, the book scarcely mentioned Common Core, Which was not yet complete when the book went to press but it specifically criticized the hubris of Gates, Walton, and Broad for foisting their half-baked ideas on American public education, even though they are unelected and unaccountable.. I pointed out that they threw their weight around merely because they are billionaires, and I referred to them as the Billionaires Boys Club.

Yes, they do undermine democracy. The truth hurts.

It is gratifying to know that my pen is able to get his attention. I regret that he has refused to meet with me over the past decade. I have some good ideas for him. But he doesn’t listen.

 

Over 200,000 people have died due to opioid addiction. The lead manufacturer of OxyContin is Purdue Pharmaceuticals in Connecticut. The company salespeople assured doctors and nurses that opioids were safe and effective.

Massachusetts Attorney General Maureen Healey is suing the company and members of its board of directors for the damage done by their drug.  The mai owners of Purdue are the Sackler Family, whose net worth exceeds $14 billion.

AG Healey wants to hold them accountable.

One of the main “charities” of Jonathan Sackler is charter schools. He has financed them in Connecticut through his organization called CONNCan. He has also financed 50CAN, which aims to spread charters nationally. He serves on the boards of other charter groups.

Read AG Healey’s devastating account of the family’s and directors’ actions.

https://www.mass.gov/files/documents/2019/01/31/Massachusetts%20AGO%20Amended%20Complaint%202019-01-31.pdf?_ga=2.233141022.1274067287.1549222015-666842443.1549222015

The Sacklers produced and marketed a drug that destroyed many lives. Now they use their fortune to endow museums and destroy public schools.

 

 

 

 

The U.S. Department of Education recently announced that a key policy post was given to a person who previously worked for the Walton Family Foundation and the Charles Koch Foundation. She came through Leadership for Educational Equity, which is TFA’s political training program. Vouchers for babies?

 

Meet the Office of Elementary and Secondary Education’s New Deputy Assistant Secretary for Policy and Programs

Image removed by sender. Directors Laurie VanderPloeg and Annie HsiaoHello, Early Learning Leaders!

I am excited to introduce myself. I am Annie Hsiao, and I have joined the Office of Elementary and Secondary Education (OESE) as the deputy assistant secretary for policy and programs. In this role I will provide leadership for OESE’s discretionary grants, including the early learning work and ED’s collaboration with the Administration for Children and Families in the U.S. Department of Health and Human Services (HHS) to administer the new Preschool Development Grants — Birth through Five program.

Most recently, I was the senior advisor to the acting assistant attorney general of the Office of Justice Programs at the U.S. Department of Justice. In that position, I advised on policy, strategy, and programs in the division charged with awarding all of the agency’s grants, promoting crime reduction, and supporting victims of crime; as well as with public safety, rule of law, and juvenile justice reform. Prior to that, I was the director of strategic partnerships at Leadership for Educational Equity, a program manager at the Charles Koch Foundation, and a program officer at the Walton Family Foundation. I also served as the director of education policy at the American Action Forum, and, with an appointment from the George W. Bush administration, as the director of government and community relations at the National Endowment for the Humanities.

I am originally from California, and earned a bachelor’s degree in political science and Asian American studies from the University of California, Los Angeles, and a master’s degree in education policy from Harvard University.

OESE and the Office of Special Education Programs (OSEP) look forward to continuing their partnership to promote positive learning experiences for our youngest learners!

During this busy time of the year, we hope you take time to check out some of the resources we are highlighting this month, including exciting work from the Early Learning Research network and a great opportunity from our colleagues at HHS for individuals interested in promoting developmental screenings to become an Act Early Ambassador.

Susan Adams, an editor at Forbes, took a close look at AltSchool, a billionaire-funded effort to reinvent American education by putting kids on computers. 

Max Ventillaleft Google tolaunch his startup. He’s raised plenty of dough from the billionaires, but success is thus far out of reach. Successmeans making money.

“We’re two intense hours into an interview in a stuffy, glass-paned meeting room in a former 24 Hour Fitness that is now home to one of AltSchool’s two small private schools in San Francisco for grades pre-K through 8. Ventilla, who left Google to launch AltSchool in 2013, has spent $30 million annually over the last several years while trying to find steady footing for his for-profit education startup, which runs four schools; the other two are in New York City.

“AltSchool’s 240 students, including two of Ventilla’s children—Leonardo, 5, and Sabine, 7—are guinea pigs for a software platform that AltSchool is attempting to sell to hundreds of schools both private and public. So far it has 28 customers. Revenue in 2018 was $7 million. “Our whole strategy is to spend more than we make,” he says. Since software is expensive to develop and cheap to distribute, the losses, he believes, will turn into steep profits once AltSchool refines its product and lands enough customers.

Max Ventilla, CEO and cofounder of AltSchool.

Max Ventilla, CEO and cofounder of AltSchool.TIMOTHY ARCHIBALD

“But as Ventilla admits when he lets his guard down, reaching profitability will be quite a stretch. The story of how AltSchool arrived at this point—burning cash in a failed attempt to create a profitable private-school network and fighting to sell an expensive edtech product in a crowded field—shows that the best intentions, an impressive career in tech and an excess of Silicon Valley money and enthusiasm don’t easily translate into success in a tradition-bound marketplace where budgets are tight.

“Ventilla, wearing jeans, scuffed black leather slip-ons, a faded polo shirt with AltSchool’s logo and a black fleece jacket, has been able to hemorrhage cash because, as he has it, “I’m good at telling AltSchool’s story and I’m good at raising money early.” So good that he has raised $174 million in venture capital at a $440 million valuation, according to PitchBook, more than almost any other startup working on K-12 education. That sum includes a personal investment of more than $15 million from Mark Zuckerberg and his wife, Priscilla Chan. Zuckerberg initiated two hours-long one-on-one meetings with Ventilla in late 2014, when AltSchool was only 18 months old. “He’s very detail-oriented, and he likes to drill down,” Ventilla says of Zuckerberg.”

The article has little vignettes of a few of the billionaires reinventing education.

 

 

Michael Hiltzik, columnist for the Los Angeles Times, writes that America is tiring of its selfish, greedy billionaires.

The billionaires are upset that Alexandra Ocasio-Cortez-Cortez wants to raise taxes on incomes over $10 million a year and that Elizabeth Warren is proposing a wealth tax for the fabulously wealthy. How terrifying!

Bit Anericans are not frightened by these proposals. Billionaires are.

https://www.latimes.com/business/hiltzik/la-fi-hiltzik-billionaires-20190201-story.html

What do you think about a man who spent $100 million on a 305-foot yacht, who already owns a 220-foot yacht? That’s Daniel Snyder, owner of the NFL Redskins.

”At the same moment, hedge fund owner Ken Griffin was disclosed as the buyer of the most expensive home in America, a $238-million Manhattan penthouse. According to Bloomberg, he already owns two floors of the Waldorf Astoria hotel in Chicago ($30 million), a Miami Beach penthouse ($60 million), another Chicago penthouse ($58.75 million) and another apartment in Manhattan ($40 million).”

How many homes does one man need?

Hiltzik writes:

Our emerging political debate over taxing the rich seems to be getting bogged down in details — how high a tax rate, should we tax income or wealth, etc., etc. But this fixation on nuts and bolts is obscuring what may be the most important aspect of the discussion: America is becoming fed up with its billionaires.

That sentiment is long overdue. It has begun to surface in the suggestion by Rep. Alexandria Ocasio-Cortez that the top marginal rate on high incomes shift back to what it was in the 1950s or 1960s, and in Sen. Elizabeth Warren’s proposal for a wealth taxon those with high net worth.

Since the Reagan administration, the political establishment has strived to convince Americans that extreme wealth in the hands of a small number of plutocrats is good for everyone. We’ve had the “trickle-down” theory, the rechristening of the wealthy as “job creators” and their categorization invariably as “self-made.” We’ve been told, via the simplistic Laffer Curve, that if you raise the tax rate you get less revenue.

There are three main subtexts of these arguments, all of which show up in the email in-box whenever I write about wealth and taxation. First: The extreme wealth of the few creates wealth all along the income scale, for the masses. Second: It’s immoral — confiscatory — to soak the rich via taxation, at least above a certain level that never seems to be precisely defined. And third: If we torment the wealthy with taxes, they’ll pack up their wealth and leave us, whether for some more accommodating nation on Earth or some Ayn Randian paradise.

Experience has shown us that the first argument is simply untrue — extreme wealth begets only more inequality. The second argument begs the question of where reasonable taxation turns into confiscation, although the level of taxation of high incomes today is nowhere near as high as it was in the 1940s, 1950s and 1960s, when economic gains were shared much more equally with the working class. As for the third, Warren’s answers to capital flight include stepping up IRS enforcement resources, which have been eviscerated by political agents of the wealthy, and imposing an “exit tax” on any plutocrat renouncing his or her U.S. citizenship to evade U.S. taxes.

Why are billionaires beginning to be treated so skeptically?

One reason surely is the evidence that extreme wealth has a corrosive effect on the economy. Wealth inequality places immense resources in the hands of people unable to spend it productively, and keeps it out of the hands of those who would put it to use instantly, whether on staples or creature comforts that should be within the reach of everyone living in the richest country on earth.

Multimillionaires and billionaires love to describe themselves as “self-made,” but the truth is that every fortune is the product of other people’s labor — the minimum-wage workers overseas who assemble Michael Dell’s computers or the low-wage baristas in Howard Schultz’s Starbuck stores, or the taxpayers who fund the roads, bridges and airports that help keep their businesses profitable….

The issue of how many billions are too many billions has been placed in high relief by the presidential campaign of Schultz, the ultimate billionaire vanity project. Schultz condemns calls for higher marginal tax rates on the wealthy and, typically for his species, portrays himself as a man who has gotten where he is today by taking advantage of America as the land of opportunity — so what’s keeping you layabouts from doing the same. But he also mentions, in passing, that he grew up in federally subsidized housing in New York. So someone, somehow, gave him a leg up using tax revenue.

It’s proper to question why people like Schultz and Dell feel so strongly about a marginally higher tax on their marginal income.

People like Schultz “live what is, for almost all practical purposes, a post-scarcity existence,” Paul Campos observes aptly at the Lawyers, Guns & Money blog. “If you have three billion dollars, then you can buy almost anything without even bothering to consider what it costs, since what it costs is, to you, practically indistinguishable from ‘nothing.’ Given that everything is for you already basically free, why would you even care if your tax bill goes up? Especially given that you live in a society in which, despite what is by a historical standards an almost inconceivable amount of total social wealth, lots of people still have to worry about getting enough to eat, not freezing to death in the next polar vortex, etc?”

 

Dutch historian Rutger Bergman stunned the super-elite at the World Economic Forum at Davos by telling them that the biggest problem in the world today is the refusal of the richest to pay their fair share of taxes. He said that listening totheir discussions was akin to a fireman’s conference that never mentioned water.

He became an instant folk hero for his bold truth telling.

Davos is an annual gathering of world leaders, CEOs, and billionaires from all over the world.

 

Poor Bill Gates. He has poured billions into reinventing education, and nothing has worked. Nothing! Not even in his home state.

One of his fondest desires was to open charter schools in Washington State. He poured millions into a referendum (the fourth in the state), and it barely passed. Then the highest court in the state said the charters couldn’t be supported by the general fund, because they are not really public schools. Public schools have elected boards. At last, he gently persuaded the legislature to tap into the lottery money to pay for Bill’s charters.

But, as Carol Burris writes, the charters did not outperform public schools and did not close achievement gaps.

Oh, woe. Poor Bill!

Burris writes:

“The 2012 initiative was Washington State’s fourth charter school ballot initiative. The previous three attempts failed — in 1996 (64.43 percent opposed to 35.57 percent in favor), 2000 (51.83 percent opposed to 48.17 percent in favor), and 2004 (58.3 percent opposed to 41.7 percent in favor).

“The fourth and final attempt was not pushed by the parents of Washington State. It was pushed and funded by billionaires. The collection of signatures to get the charter initiative on the ballot was a well-coordinated effort that cost nearly $2.5 million.

“Funders of the initiative included Microsoft founder Bill Gates (who contributed over $1 million) and California billionaire Reed Hastings of Netflix. A dark-money group based in New York — Education Reform Now Advocacy, an arm of Democrats for Education Reform (DFER) — contributed large sums as well.

“Without the financial push by billionaires both within and outside the state, the initiative, which barely passed on the fourth attempt, would likely have failed, as did the three previous efforts.

“Let’s fast forward to 2019. What was the outcome for all of those millions contributed allegedly on students’ behalf?

“The Center for Research on Education Outcomes (CREDO) at Stanford University, which is funded by pro-charter organizations, recently issued its report comparing the academic growth over a three-year period of students in Washington’s charter schools when compared with their true public school (TPS) counterparts. What it found was that charter school students did no better.

“From that report:

“Over that time, the typical charter school student in Washington demonstrated no statistically different academic growth in reading and math when compared to their exact-match counterpart in nearby district schools (TPS). The trend across the two growth periods shows a slight downward trend in reading and math as the number of students served grew. The finding of no meaningful difference in learning gains held across most of the different student groups within the charter population. Only English language learners [ELLs] experience significantly higher learning gains associated with charter school attendance. Other student subgroups such as students in poverty, Black students, and Hispanic students experience non-significant positive gains on average. “

“It should be noted that the small gains experienced by English Language Learners disappeared when Hispanic ELLs in charters were compared with Hispanic ELLs in public schools. The report also confirmed that charters in Washington, as elsewhere, enrolled fewer special education students and fewer ELLs.

 

 

This is a shocking development: The infamous billionaire Koch brothers have a plan to disrupt American education, beginning with five states.

Their goal is to break up the public education system and enable public funding to flow to every kind of school, whether religious, private, homeschooling, for-profit, anything and everything. They call it “educational pluralism.” At the Koch Conference last year (700 people who paid $100,000 to attend), they declared that K-12 schooling was “the lowest hanging fruit,” and they planned to enter the field to disrupt public schools. Their ally Betsy DeVos paved the way.

The Koch brothers are living proof that this country needs a new tax structure to disrupt their billions, which they use to destroy whatever belongs to the public.

The Washington Post reports:

INDIAN WELLS, Calif. — The donor network led by billionaire industrialist Charles Koch will launch a new organization next month to focus on changing K-12 education as we know it.

The effort will begin as a pilot project focused on five states with a combined school-age population of 16 million kids, but officials said Monday that they aren’t ready to identify them yet because they’re still finalizing partnerships with some of the country’s leading educational organizations.

The still-unnamed entity purportedly plans to focus on three buckets: changing public policy to address “the root causes” of failing schools, developing new technologies to promote individualized learning, and investing in teachers and classrooms.

The announcement came Monday at the end of a three-day seminar where 634 donors who have each committed to contribute at least $100,000 annually to Koch-linked groups gathered under palm trees at a luxury resort in the Coachella Valley.

The Koch team is modeling its amped-up education efforts on its successful overhaul of the criminal justice system, which began in friendly states before moving to the federal level. In that case, Koch World sought out unlikely allies and played the long game for years before any big legislation passed.

In the past, most conversations about education at these twice-annual Koch confabs have quickly turned into bashing teachers unions. So it was notable when Brian Hooks, the chairman of the Koch network, went out of his way to praise teachers and acknowledge that many have been picketing recently.

“For too long, this issue has been framed unnecessarily as us vs. them, public vs. private, teacher vs. student, parent vs. administrator,” Hooks told a ballroom of donors. “The teachers who have expressed frustration in the past several months are good people. I mean, they’re teachers. We all remember the positive impact that a teacher or several teachers have had on our lives. They’re expressing legitimate concerns. But the current approach means that nobody wins, so they need better options.”

Hooks recognizes that many will question their motives, but he said the goal is to “really shake things up” by “coming alongside concerned teachers” to “find a better way.” Teachers union leaders, who are closely aligned with the Democratic Party, have accused the Koch groups of trying to undermine traditional public schools. Koch and his allies say the system is broken and requires wholesale changes. Education Secretary Betsy DeVos has been a longtime ally of the network.

“This is a tough one, no doubt,” Hooks said. “It’s a challenge that a whole lot of people look at and say is impossible. But we see a tremendous opportunity to unite people to help ensure that every kid has the opportunity to succeed.”

Philanthropist Stacy Hock of Austin, a major Koch donor who has been funding education efforts at the state level in Texas for years, says that traditional forms of classroom instruction encourage “soul-crushing” conformity, and she has emerged as an outspoken advocate of “personalized learning.”

“Families are getting more and more comfortable with experimenting and taking risks,” she said on the sidelines of the meeting. “Education should be getting way, way better and way, way cheaper, but the opposite is happening.”

Hock said the new Koch initiative, as it ramps up, will identify what’s working at the local level and push for those things to be replicated elsewhere. “What we’re seeing all across the country are little flames,” she said. “What I don’t yet know is how to throw gasoline on all those flames….

— Previewing their K-12 push, Koch strategists pointed to research being conducted with their financial support by Ashley Berner at Johns Hopkins University’s Institute for Education Policy. Her main interest is expanding what she calls “educational pluralism,” which is when the government funds all types of schools, including explicitly religious ones, but does not necessarily run them.

“Berner points to examples such as the Netherlands, which funds 36 different types of schools, from Islamic to Jewish Orthodox to socialist,” the Charles Koch Foundation notes in a summary of her work. “Alberta, Canada, funds homeschooling along with Inuit, Jewish, and secular schools. In Australia, the central government is the nation’s top funder of independent schools. Other countries with plural school systems include Denmark, Finland, Germany, and Sweden.”

“It’s the democratic norm around the world. In pluralism, choice and accountability are two sides of the same coin,” said Berner, who wrote a book in 2017 called “Pluralism and American Public Education: No One Way to School.” “We’ve got to start supporting politicians who are willing to make compromises. Americans are tired of the battles between charters and district schools; these take up too much energy and resources. A pluralistic system doesn’t pit entire sectors against one another.”

 

 

In a somewhat ambivalent article in the New York Times, Jennifer Medina and Dana Goldstein write that the L.A. teachers’ strike was a setback for charter schools. They say that in the age of Trump, charters are no longer popular with the Democratic Party, which is moving left. They point out that the teachers held a massive rally in front of Eli Broad’s museum to express their displeasure with his support for charters.

The ambivalence in the article comes in two parts. First, they treat somewhat skeptically the union’s accurate portrayal of the link between charters and billionaires. Second, they stress that charters are popular and have long waiting lists. They are wrong on both counts. The charter “movement” is a billionaire obsession. Think Waltons, Gates, Broad, DeVos, Koch brothers, Hastings, Bloomberg, Anschutz, etc. Read the NPE report, which the reporters obviously have not read, called “Hijacked by Billionaires.” Without the billionaires, there is no charter “movement.”

Second, they are peddling charter lobby propaganda when they write about the public demand for charters.

Why would unions support charters? Nationally, 90% are non-union. In L.A., 80% are non-union. Moreover, they drain $600 million a year from the L.A. public schools, which are underfunded already.

Contrary to the report in the Times, LAUSD board member Scott Schmerelson wrote on his Facebook page this week that 82% of the charters in L.A. have vacancies.

But the main point of the article is heartening: Charter Schools have become toxic for most Democrats. They even list Senator Booker as a supporter of the striking teachers, which is odd, as he announced his run for the Democratic nomination in 2020 at a charter rally in New Orleans. Maybe he whispered his support. The Democrats will have to choose: unions or charters.

 

The article begins:

 

LOS ANGELES — Carrying protest signs, thousands of teachers and their allies converged last month on the shimmering contemporary art museum in the heart of downtown Los Angeles. Clad in red, they denounced “billionaire privatizers” and the museum’s patron, Eli Broad. The march was a preview of the attacks the union would unleash during the teachers’ strike, which ended last week.

As one of the biggest backers of charter schools, Mr. Broad helped make them a fashionable and potent cause in Los Angeles, drawing support from business leaders like Reed Hastings, the co-founder of Netflix; Hollywood executives; and lawmakers to create a wide network of more than 220 schools.

Mr. Broad was so bullish about the future of charter schools just a few years ago that he even floated a plan to move roughly half of Los Angeles schoolchildren — more than 250,000 students — into such schools. In 2017, he funneled millions of dollars to successfully elect candidates for the Board of Education who would back charters, an alternative to traditional public schools that are publicly funded but privately run.

His prominence has also turned him into a villain in the eyes of the teachers’ union. Now Mr. Broad and supporters like him are back on their heels in Los Angeles and across the country. The strike is the latest setback for the charter school movement, which once drew the endorsement of prominent Democrats and Republicans alike. But partly in reaction to the Trump administration, vocal Democratic support for charters has waned as the party has shifted further to the left and is more likely to deplore such schools as a drain on traditional public schools.

When the Los Angeles mayor, Eric Garcetti, announced a deal between the teachers’ union and the school district after the weeklong strike, it became immediately clear that the fate of charter schools was part of the bargain: The union extracted a promise that the pro-charter school Board of Education would vote on a call for the state to cap the number of charters.

It was the latest in a string of defeats for a movement that for over a decade has pointed to Los Angeles and California as showcases for the large-scale growth of the charter school sector.

Backers of charter schools argue that they provide a much-needed choice for parents in poor neighborhoods, where low-performing schools are often the norm. Many supporters expressed frustration that student achievement had not been a focus of the debate around the Los Angeles strike. Overall, the city’s public school students tend to perform worse in reading and math than their counterparts in many other large urban school districts across the country, according to the National Assessment of Educational Progress. The low performance of district schools, charter supporters say, has led to about a fifth of the district’s students being enrolled in charter schools…..

But the defeat in the court of public opinion is clear: After years of support from powerful local and national allies — including many Democrats — charter schools are now facing a backlash and severe skepticism.

Over the past two years, charter school supporters were dealt painful political defeats in California, New York, Massachusetts, Illinois, Michigan, Wisconsin and other states.

As the push for alternatives to traditional public schools has come to be more associated with President Trump and his secretary of education, Betsy DeVos, the shift in Democratic Party politics has been especially pronounced. President Barack Obama supported expanding high-quality charter schools, and pushed teachers’ unions to let go of some of their traditional seniority protections and put more emphasis on raising student achievement.

But after a wave of mass teacher walkouts across the nation, and with a noticeable shift to the left in the party, ambitious national Democrats now seem more hesitant to criticize organized labor. Senators Cory Booker, Sherrod Brown, Kirsten Gillibrand, Kamala Harris, Bernie Sanders and Elizabeth Warren were among those who said they supported the striking teachers in Los Angeles. The city’s charter school leaders couldn’t help but notice that no equally prominent elected Democrat rose to the defense of Los Angeles charter schools as union leaders attacked them.

 

 

 

 

 

Tomorrow we find out if the majority of the LAUSD board answers to the public or to Eli Broad and his fellow billionaires. As part of the strike settlement, the board agreed to vote on a resolution calling for a moratorium on charter schools. They will vote but will the majority vote for or against it? Tomorrow we learn which votes were purchased by Eli and friends.

The following press release came from Los Angeles Alliance for a Nrw Economy, which fights for a fair economy, for working people and for the environment.

 

MEDIA ADVISORY for TUESDAY, January 29 at 12 PM

 

Contact: Haley Potiker – 714-457-2852hpotiker@laane.org

 

Parents Bear Witness to School Board Vote on Charter Moratorium

LAUSD parents who were leaders in teachers strike support show up to make sure district keeps its promise on charter industry moratorium

 

WHO: Parent leaders in teachers’ strike support effort

 

WHEN: TUESDAY, January 29, 2018 at 12 PM

 

WHERE: LAUSD Headquarters, 333 S. Beaudry

WHAT: Parent activists will be available for comment at LAUSD board meeting

 

LOS ANGELES — The tentative agreement between UTLA and LAUSD includes a commitment by the Board of Education to vote on a resolution calling on the state of California to impose a moratorium on charter growth in LAUSD. Parents who have been organizing together with UTLA to combat privatization will attend the meeting to hold the board accountable to their promise.