Archives for category: Billionaires

 

Maurice Cunningham is a political science professor at the University of Massachusetts who has become an expert on the subject of Dark Money. He has his own name for the billionaires devoted to charter schools. He calls them the “Financial Privatization Cabal.” That’s clever and accurate but I stick with “corporate reformers” because there are fewer syllables.*

Cunningham (no relation to the charter-loving Peter of the same last name) has done a deep dive into the Dark Money funders of the 2016 campaign to expand charter schools in Massachusetts via a referendum called Question 2. A New York City organization called Families for Excellent Schools (FES) arrived on the scene to bundle and dispense Dark Money and renamed itself Great Schools Massachusetts. (FES was funded by the Waltons and has now been replaced by a new group which calls itself Massachusetts Parents United, also Walton funded.)

What is Dark Money? It is money given to political campaigns by donors whose identities are hidden. The donors do not want their names to be revealed. So they give to a group like “Families for Excellent Schools.” After the charter lobby lost in Massachusetts in 2016, beaten by a sturdy coalition of teachers, parents, and volunteers, the state’s Office of Campaign and Political Finance conducted an inquiry and fined FES for failing to disclose the names of its donors. The fine was $426,00, along with a five-year ban on future political activity in Massachusetts. Shortly thereafter, FES folded due to a #MeToo scandal involving its executive director.

Before it closed its doors, FES was required to reveal its donors. One of them was  billionaire Seth Klarman.

Maurice Cunningham has checked out Klarman and found that he is one of the top donors to the Republican Party in New England. He doesn’t like Trump, so he recently gave $222,000 to the Democratic Party. That was front-page news in the Boston Globe.

Cunningham wonders why Klarman’s gift of $222,000 to the Democrats made the front page, but his gift of $3 Million to the pro-charter campaign in 2016 didn’t merit even a mention. 

But then relentless Maurice Cunningham discovered this:

“Klarman also is a part owner of the Fenway Sports Group, the Boston Red Sox parent company that is led by principal owner John Henry. Henry is also owner and publisher of The Boston Globe.”

Blood is thicker than water. Money is thicker than blood or water.

It is way past time that I name Maurice Cunningham to the honor roll of this Blog for his indefatigable sleuthing and pursuit of Dark Money. As always: Follow the money.

PS: To learn more about Stand for Children as a conduit for Dark Money and about Strategic Grant Partners read this post by Cunningham. 

*He explains:

“A NOTE ON TERMINOLOGY: I’ve failed to come up with a catchy name for the dark money funders so for now I’ve settled on “Financial Privatization Cabal.” Financial since most of the dark money is coming from the financial services industry. Privatization, because I believe their intention is to privatize public services. Cabal because it denotes a secret plot.”

 

In this insightful and harrowing article, we can see clearly the contours of a devilish plan, hatched in the corridors of ALEC and other corporate-controlled entities. The centerpiece of the plan is the destruction and privatization of public education, which all of us own and paid for with our taxes.

Read it and get involved. Join the Networkfor Public Education. Join your local advocacy group. Never despair. Don’t stop fighting.

It begins like this:

It was the strike heard ‘round the country.

West Virginia’s public school teachers had endured years of low pay, inadequate insurance, giant class sizes, and increasingly unlivable conditions—including attempts to force them to record private details of their health daily on a wellness app. Their governor, billionaire coal baron Jim Justice, pledged to allow them no more than an annual 1% raise—effectively a pay cut considering inflation—in a state where teacher salaries ranked 48th lowest out of 50 states. In February 2018, they finally revolted: In a tense, nine-day work stoppage, they managed to wrest a 5% pay increase from the state. Teachers in Oklahoma and Kentucky have now revolted in similar protests.

It’s the latest battle in a contest between two countervailing forces: one bent on reengineering America for the benefit of the wealthy, the other struggling to preserve dignity and security for ordinary people.

If the story turns out the way the Jim Justices desire, the children of a first-world country will henceforth be groomed for a third-world life.

Gordon Lafer, Associate Professor at the Labor Education and Research Center at the University of Oregon, and Peter Temin, Professor Emeritus of Economics at MIT, help illuminate why this is happening, who is behind it, and what’s at stake as the educational system that once united Americans and prepared them for a life of social and economic mobility is wiped out of existence.

The Plan: Lower People’s Expectations

When Lafer began to study the tsunami of corporate-backed legislation that swept the country in early 2011 in the wake of Citizens United—the 2010 Supreme Court decision that gave corporations the green light to spend unlimited sums to influence the political system—he wasn’t yet clear what was happening. In state after state, a pattern was emerging of highly coordinated campaigns to smash unions, shrink taxes for the wealthy, and cut public services. Headlines blamed globalization and technology for the squeeze on the majority of the population, but Lafer began to see something far more deliberate working behind the scenes: a hidden force that was well-funded, laser-focused, and astonishingly effective.

Lafer pored over the activities of business lobbying groups like the American Legislative Exchange Council (ALEC) – funded by giant corporations including Walmart, Amazon.com, and Bank of America—that produces “model legislation” in areas its conservative members use to promote privatization. He studied the Koch network, a constellation of groups affiliated with billionaire brothers Charles and David Koch. (Koch Industries is the country’s second-largest private company with business including crude oil supply and refining and chemical production). Again and again, he found that corporate-backed lobbyists were able to subvert the clear preferences of the public and their elected representatives in both parties. Of all the areas these lobbyists were able to influence, the policy campaign that netted the most laws passed, featured the most big players, and boasted the most effective organizations was public education. For these U.S. corporations, undermining the public school system was the Holy Grail.


After five years of research and the publication of The One Percent Solution, Lafer concluded that by lobbying to make changes like increasing class sizes, pushing for online instruction, lowering accreditation requirements for teachers, replacing public schools with privately-run charters, getting rid of publicly elected school boards and a host of other tactics, Big Business was aiming to dismantle public education.

The grand plan was even more ambitious. These titans of business wished to completely change the way Americans and their children viewed their life potential. Transforming education was the key.

 

 

 

 

Lisa Haver and Deborah Grill pose this question in an incisive article in the Philadelphia Inquirer. 

There was a national media flap when billionaire investor Stephen Schwarzman offered his alma mater in Abington, Pennsylvania, $25 million in exchange for renaming the school, putting his name over six entrances, and changing the curriculum to meet his demands. Ultimately, the board refused some but not all of his requirements.

Haver and Grill worked in the Philadelphia public schools. They say, “Welcome to our world,” where the Uber-rich have owned the public schools for years and run them into the ground.

”In November 2011, the state-imposed School Reform Commission (SRC), absent any public deliberation, approved a multimillion-dollar grant from the Bill and Melinda Gates Foundation. In return, the SRC agreed to several conditions, including yearly charter expansion, implementation of Common Core standards, more school “choice” and testing, and permanent school closures. No one elected Bill Gates, typically portrayed in the media as just a very generous rich guy, to make decisions about Philadelphia’s public schools. But his mandates have had devastating and lasting effects on the district, much more than renaming one school.”

No one elected Bill Gates. An unelected board outsourced control of the Philadelphia public schools to an unaccountable billionaire. Why? Money. No evidence. No research. No wisdom. Just money. Goal: Privatization. Means: Silence the public.

“Here in Philadelphia, the Gates Compact conferred authority upon the Philadelphia School Partnership (PSP) “to provide funding …to low-performing or developing schools.” PSP has since raised tens of millions from a stable of wealthy donors; most has gone to charter schools, in keeping with Gates’ pro-privatization ideology. PSP’s influence has grown in the last seven years: the group now funds and operates teacher and principal training programs, oversees a website rating all Philadelphia schools, and holds the district’s yearly high school fair. PSP’s money, like Schwarzman’s, always comes with strings attached, whether that means changing a school’s curriculum or a complete overhaul of faculty and staff, as its 2014 grant to two North Philadelphia schools mandated.”

The PSP meetings are closed to the public. Its board members are wealthy suburbanites.

There is something to be said for democracy. Why has Philadelphia prevented its citizens from having any role in the o ersight of the public schools? Could those who have a genuine stake in them do worse than the rich dilettantes who control them now?

 

 

 

 

 

Eva Moskowitz just received a gift of $15 million from billionaire Dan Loeb, chair of the board of Eva’s Success Academy. Just last year, Loeb received negative public attention for comments widely regarded as racist after he chastised the leading Democrat in the State Senate—who is African American, saying she did more damage to children of color than anyone who ever wore a hood because of her criticism of charter schools.

Many people denounced Loeb’s remarks and called on him to resign, but Eva stood by him. Her forbearance was rewarded with his $15 million to her high school, which just graduated 17 students (of a class that started in kindergarten as 100). Loeb said he hoped that Eva could make her model “scalable.”

How a school with a shedding/dropout/attrition rate of 83% becomes “scalable” is mysterious.

The charter chain plans to open eight new high schools by 2033.

Here is the curious math.

Only 17 students were members of Success Academy’s first graduating class. All 17 are going to college. These are the students that survived the original 100 that enrolled in kindergarten.

That is many many millions of dollars invested to produce 17 graduates who are college bound.

Of the 32 students who graduated from eighth grade at Success charters, nine attended other high schools before going to Success Academy’s High School of the Liberal Arts. Five left before graduating.

Honestly, I don’t understand the math. I can’t figure out how this adds up to 17 graduates, but maybe someone else will and can explain it in a comment.

PS:

Eliza Shapiro explained the math of SA graduation rate to me.

“Basically 32 kids started their 8th grade year together at Success
9 left after 8th grade to go to other high schools and never enrolled/matriculated/entered SA HS
5 other kids enrolled at SA HS and left between the start of their freshman year to the present
That’s all I know! :)”

17 graduated. One may have been held back. Unaccounted for.

 

 

Imagine billionaire Betsy DeVos telling the nation that spending doesn’t make a difference in terms of education outcomes. But she did and she is wrong, as Chalkbeat explained.

For starters, correlation is not the same as causation.

But let’s talk common sense, inasmuch as Betsy already said she is not a “numbers person.”

When parents have the means to do so, they move to high-spending suburban districts. It’s not just for the grass and the trees, Betsy. In high-spending districts, their children have beautiful, well-maintained buildings. They have small classes. They have experienced teachers who are paid well. They have up-to-date science laboratories. They have the best technology. They have classes in history, civics, and government. They have programs in the arts. Their schools have a band, a chorus, dance, film, an orchestra, a string quartet, and more. They have a robotics team, a chess club, a debate team. They have a library with a real librarian. They have a school nurse, a social worker, a psychologist, and all kinds of sports activities.

If urban schools were well-funded, they would have all of this. But they don’t.

Betsy, if you truly believe that money doesn’t make a difference, try this thought experiment. What if you gave all your money away? Where would you be today?

 

Mercedes Schneider is a brilliant blogger. She is unpaid. So is Anthony Cody, Peter Greene, Steven Singer, Tom Ultican, and many more. Bloggers speak truth to power.

But then there is Peter Cunningham. Once upon a time, he worked at the U.S. Department of Education and was known as Arne Duncan’s “brain.”

Now Peter has a blog called Education Post, and unlike the rest of us, he speaks for the billionaires who feel misunderstood and wounded. Hurt, actually, because no one loves them.

As Mercedes explains, he is funded by a bevy of billionaires. Gates recently threw in more than his two cents.  The billionaires love him. And well they should. So sad to have all that money without anyone listening to you. He provides them a voice on social media.

 

Four corporate behemoths dominate our economy, writes Ross Barkan. It is time to break them up and foster healthy competition. Progressives met that challenge over a century ago. Have the Big Four become too big to fail and too powerful to regulate?

https://www.theguardian.com/commentisfree/2018/apr/19/democrats-break-up-techs-big-four-apple-google-facebook-apple

”Four corporations dominate American life. They have the wealth of nations. They have generated unfathomable revenue, created a number of jobs, and decimated many more. Their control of the economy is total.

“They are Google, Amazon, Apple and Facebook. Unless we do something, their power will remain limitless.

“Any Democrat running for president who claims to be a progressive should put trust-busting at the top of their agenda. Socialist or capitalist, big government or small, the priority should be the same: to ensure the people who consume goods and create goods are not exploited.

“All four corporate behemoths are too large. These monopolies fuel staggering inequality and stifle the kind of economic growth that used to be more evenly distributed. Profits are immense and gains for actual workers are small – these corporations do not generate employment, let alone unionized employment, on the scale of earlier revolutionary giants.”

Will any candidate step up to the challenge? Will candidates from both parties court the 1% for campaign contributions in exchange for protecting them from taxation and regulation?

 

Did you ever imagine that the passion for privatizing public schools would motivate two billionaires to dump a fat gift into Antonio Villaraigosa’s campaign for governor?

Who else but Reed Hastings and Eli Broad would consider their love for school privatization to be the leading issue in the governor’s race?

“Netflix CEO Reed Hastings pledged $7 million and Los Angeles real estate entrepreneur Eli Broad promised $1.5 million to an independent expenditure organization called Families and Teachers for Antonio Villaraigosa for Governor 2018, which is run by the California Charter Schools Association Advocates.

“Antonio Villaraigosa will be a governor for all Californians, keeping the American dream possible in California with good schools, safe neighborhoods, affordable health care, and opportunities for everyone to succeed,” said Gary Borden, executive director of the charter schools group…

”[Gavin] Newsom is leading most polls, while his fellow Democrat Villaraigosa is fighting it out with Republican John Cox, a Rancho Santa Fe (San Diego County) businessman, for second place, according to a nonpartisan Public Policy Institute of California survey this month. Only the top two finishers in the June 5 primary, regardless of party affiliation, will advance to the general election in November.

“Villaraigosa’s campaign had $5.9 million in the bank at the end of 2017, the most recent campaign finance disclosure period. Newsom had $19.5 million.

“You knew it was going to happen. Here you have entrenched political interests where there are billions of dollars at stake,” said state Treasurer John Chiang, who has been mired deep in the polls behind Newsom, Cox and Villaraigosa.

“Villaraigosa has long been an advocate for charter schools. The education platform on his campaign website says that “poor families also deserve the right to access high-quality schools and publicly chartered schools often provide that access. High-performing public charters playing by the same set of rules as other public schools are laboratories for innovation and creativity.”

“Steve Smith, spokesman for the 2.1 million-member California Labor Federation, which endorsed Newsom, said the cash infusion to the independent expenditure group “shows that the Villaraigosa campaign hasn’t gotten off the ground, so the billionaire charter school guys came to his rescue.”

The Network for Public Education Action Fund has endorsed State Treasurer John Chiang for Governor because of his unequivocal support for public schools. Perhaps the infusion of charter school money for Villaraigosa will help Newsom decide where he stands (he has already been endorsed by the California Teachers Association).

Ed Berger, retired teacher, lives in Arizona and fights for the return of honest government.

He writes:

Arizona Government Does Not Match The Decency And Will Of Its People

We live in Arizona. We are decent, law abiding, citizens. So why is Arizona considered one of the most corrupt states in America? Why is Arizona often the example of how Democracy can be subverted? Why is our state out of sync with its population? What is wrong? Arizona government does not match the values of our citizens.
What can we do to make our elected representatives reflect the decency and will of the people? We must vote to remove those who corrupt the democratic process and their elected positions by accepting Dark Money.

Let’s examine a recent Senate/House vote. House Bill 2153 was passed into law over the objections of community leaders and citizens of all political parties and went into effect April 2, 2018. It prohibits any local government requirement to identify contributors to local political campaigns. Seventeen Senate members and thirty-three House members approved this measure and Governor Ducey signed it into law. This runs counter to initiatives by many communities acting in the public interest to expose Dark Money and its’ use to buy and place representatives and government leaders. They want to stop the covert, negative and destructive methods of oligarchs that bypass the citizen’s right to elect representatives they have vetted and chosen.

This is a current example of how the will of the people was ignored. To clean AZ government, we can study how representatives voted on key issues like this one, share their deeds, and get the bad ones gone. What We The People now have is a list of the seventeen senators and thirty-three house members who sold us out.

Prescott is still reeling from the effect of Dark Money in recent elections. In the race for District #1, few know that DeVos money (Dark Money) went to support a candidate this community rejected. With access to DeVos money and the use of gerrymandering, the citizen’s candidate was undermined and defeated. His opponent won and now owes DeVos bigtime. The recent mayoral election in Prescott is another example of how democracy is subverted by money and power. Those elected to represent us in the legislature are too often there because they owe allegiance to those who want our government to serve them, and not the people.

When one is aware of this fact, we can begin to understand how tens of millions of our taxpayer dollars have not only been mismanaged but have gone into the pockets of privatizers and profiteers. For many years, our legislature has passed and supported laws that do not allow accounting or transparency for how taxpayer public dollars are spent by charter schools. They have also done away with conflict of interest rules that would make it a criminal offence for legislators to use public money and position for personal gain. In addition, they have done away with democratically elected schools boards in favor of private corporate boards to oversee charter schools. Real public schools have elected school boards. But those who control the legislature have eliminated the tools of transparency and accountability that protect our investment in public education from being siphoned off from the needs of children and into the pockets of privateers.

This has been done to our state. Captive and bought members of the legislature have created uncounted millionaires by directing our money to friends, family, and those they support ideologically. This has been done out of pure greed. Ideologically it is done to starve and damage our public schools because they are “government schools” and have not yet been privatized for profit, not for kids. These are our schools, the ones over 80% of AZ citizens want to support and improve.

These are two on the many examples of the subversion of the democratic process. Yavapai County is reported to be a Republican stronghold. Some say people here always voted a straight “R” ticket. That may have been true years ago. Today Yavapai County is not Republican or Democrat or Independent. The citizens of this county have learned that the state government is not GOP, but rather a Koch, Goldwater Institute, APS, ALEC assembly of people who often describe themselves a Libertarians, which roughly translated means, ‘We have the right to rape, rip, and run if it serves us. We have the right to access for our personal gain the taxes citizens pay. We believe in privatizing all public resources, including prisons, schools and government functions.’ If one votes a straight “R” ticket what they are getting is a “Koch” ticket. Times have changed and now the legislature and governor are owned by forces that serve only themselves. Too often our politicians dance with the ones who ‘brung’ them.

So how do we win back the respect of other Americans and our decency as a people?

#1 We identify the legislators and political leaders that are owned by outside forces. We do this by examining their voting records and red tag all who have voted for laws that restrict financial accountability, shield members from conflicts of interest, and favor those who profit from privatizing prisons, schools, and public services.

#2 We share our information, educate our friends and neighbors, and support candidates that, regardless of political party affiliation, represent us and our community.

#3 We vote after vetting the candidates.

 

 

It was a good day for the rightwing Walton Family.

The family’s net worth grew by $5 Billion. In one day.

“Walmart shares rose 4.5% after the announcement on Tuesday that projected the company’s U.S. e-commerce sales would increase 40% in the next fiscal year. Rob, Jim, Alice, Christy, and Lukas Walton saw their combined net worths climb to $140 billion as a result of the increase in the company’s stock price.”

Income inequality and wealth inequality gets worse every day. Read the book “The Spirit Level: Why Greater Equality Makes Societies Happier.”   

We are not a happy society.