Archives for category: Billionaires

The Network for Public Education just held its fourth annual conference in Oakland, California, on October 14-15.

It was a fabulous conference, with great speakers, roundtables, panels, and camaraderie.

I opened the conference on October 14. I introduced our wonderful board and staff (we have 1.5 staff members and hundreds of amazing volunteers).

I described what we are for and what we oppose.

If you agree with us, please join, donate whatever you can, and help us continue our grassroots efforts to strengthen and support public education.

In the days ahead, I will post all the keynote addresses. They were fantastic.

If you knew how inspiring these two days were, you will want to join us next year. I can’t give the location yet, but we will meet in the Midwest.

The arch-conservative billionaire Koch Brothers have unleashed campaign ads against Lt. Governor Ralph Northam in the Virginia governor’s race.

The Washington Post reported that the Koch Brothers have spent nearly $3 Million Against Northam.

“Americans for Prosperity, the heart of the billionaire Koch Brothers’ conservative political network, plans to ramp up its campaign against Ralph Northam, the Democrat in Virginia’s governor’s race.

“The conservative group announced Friday that it would spend at least $1 million on mailers and digital ads targeting Northam’s record on taxes, education and economic development.

“It follows at least $1.8 million in anti-Northam television commercials and mailers to date, according to data collected by the nonpartisan Virginia Public Access Project. The group also says it has contacted hundreds of thousands of Virginia voters through its phone-banking and canvassing efforts…

“Americans for Prosperity is also launching a digital video featuring a charter school administrator criticizing Northam for voting against a bill to establish “educational savings accounts” that allow parents who remove children from public schools to receive 90 percent of the state funding that would have been spent on their child. They would be able to use the funds for private-school tuition, tutoring, books and other educational costs. Critics say such accounts are similar to vouchers in that they drain resources from public schools.”

The Koch Brothers despise public education and are eager to elect a governor who will promote the DeVos agenda of school privatization via charters and vouchers.

If you live in Virginia and you love your local public school, get active in the campaign for Ralph Northam.

Susan Ochshorn founded ECE PolicyWorks to advocate for high-quality education for young children.

In this post, she analyzes the pernicious influence of financiers and hedge fund managers on decisions about the fate of young children, as they figure out how to make a profit with “Social impact bonds.”

Everyone loves the idea of early childhoood education. But unfortunately the financiers have figured out how to make it pay—for them.

Ochshorn shows how Goldman Sachs and other investors saw a path to profit and how public officials fell in love with metrics. The children? Not so much.

She gives the background of the social impact bond.

And she concludes that commodifying children is a very bad idea:

“By last summer, the U.S. Department of Education had gotten on board. Under the aegis of John King, former education commissioner of New York, they launched a Pay for Success grant competition, $2.8 million available for state, local, and tribal governments interested in exploring the investment vehicle’s feasibility. Early this year, as Betsy DeVos replaced King in the top job, the department distributed funding ranging from $300 to $400 million to 8 recipients. Rigorous evaluation, as the Urban Institute’s “Pay for Success Early Childhood Education Toolkit,” makes clear, is the sine qua non of the transaction, precise metrics and data collection essential for determining the venture’s outcome.

“To quantify is to have the illusion of mastery over all that defies our control, yet the metrics fall short, the ends perverted: they cannot capture children’s unique capacities, or the uneven trajectory of their development—as messy and challenging as it gets.

“Three- and four-year-olds are not commodities. They have had the grave misfortune of entering the academic arena in a period of measurement gone berserk. What young children need most is time, and sustained support for experiences that nourish their bodies, minds, and spirits—their due, according to the Convention on the Rights of the Child, which the U.S has not yet ratified more than 25 years after the resolution was adopted by the U.N. General Assembly.

“The benchmarks and assessments of the Common Core violate this right—especially for our youngest students. So do social impact bonds. If the payback is contingent upon a particular timetable, and the desired outcomes are not forthcoming, where does that leave the kids?

“Those who have made their millions and billions in private equity, investment banking, and hedge funds see themselves as the saviors of our most vulnerable children. Yet their fancy models are putting our youngest learners at greater risk—along with democracy and the public good.”

After two high-profile failures that he acknowledges, and one high-profile failure that he does not acknowledge, Bill Gates is ready to start reforming the schools of America again.

Valerie Strauss reports on his announcement here.

He jumped into school reform in 2000 with his plan to break up the nation’s high schools into small schools. He promised dramatic test score gains. It wasn’t a terrible idea, but it did not get the score gains he wanted, and he gathered the creme de la creme to his digs in Seattle in 2008 to announce that he was abandoning small schools. Valerie says he dumped $650 Million into that, but my own Research says it was $2 Billion.

His next obsession was evaluating teachers by the test scores of their teachers. He partnered with Arne Duncan on that; Arne made it a condition of Race to the Top funding. The ratings were criticized by the American Statistical Association, the National Academy of Education, AERA, and many individual scholars. But Duncan and Gates plowed ahead. The Los Angeles Times and the New York Post published the ratings of individual teachers. Duncan congratulated them for doing so. A teacher in Los Angeles committed suicide after his ratings were published. Gates gave out hundreds of millions to districts that adopted his evaluations. Hillsborough County, Florida, won $100 Million to apply Gates’ ideas about teaching, and the district exhausted its reserves and abandoned the plan. Gates paid up only $80 Million, and the district was left holding the bag.

Now Gates has given up on that idea, although many states are still sticking with it. Thousands of teachers and principals have been fired based on the ideas sold by Gates and Duncan, but that’s not of any interest to him.

The failure that Gates does not yet admit is the Common Core. He paid hundreds of millions for its development and promotion, and he still loves the idea of standardizing education. He refuses to accept that it’s dead man walking.

So what’s his new idea? I’m not really sure, so I will quote Valerie. My hunch is that he is still pushing Common Core, but it is not clear.

He said 85% of the money will go to public schools and the rest to charter schools. Knowing that Gates is a charter zealot, one must wonder what medicine (or poison) he is offering.

“He said most of the new money — about 60 percent — will be used to develop new curriculums and “networks of schools” that work together to identify local problems and solutions, using data to drive “continuous improvement.” He said that over the next several years, about 30 such networks would be supported, though he didn’t describe exactly what they are. The first grants will go to high-needs schools and districts in six to eight states, which went unnamed.

“Though there wasn’t a lot of detail on exactly how the money would be spent, Gates, a believer in using big data to solve problems, repeatedly said foundation grants given to schools as part of this new effort would be driven by data. “Each [school] network will be backed by a team of education experts skilled in continuous improvement, coaching and data collection and analysis,” he said, an emphasis that is bound to worry critics already concerned about the amount of student data already collected and the way it is used for high-stakes decisions.”

What is he up to? Big data? Common Core? Data mining?

I have often said and written that if he really wanted to help children, he would open health clinics in their schools. He would provide doctors to supply good maternal care to pregnant women. He would not tell teachers how to teach or get involved in evaluating teachers or writing curriculum. He would stop pretending he knows how to reform education and do something that is actually needed.

After 17 years of failure, has he learned nothing?

Penny Pritzker is an heir to the Hyatt Hotel fortune.

Rahm Emanuel appointed her to the Chicago Board of Education.

Obama appointed her as Secretary of Commerce.

Politico reported that she has been invited to join the board of directors of Microsoft. Board members have light duties and are paid $325,000 a year.

Please watch this video, where Chicago public school parent Matt Farmer put Penny Pritzker on trial in absentia for her indifference to the children of Chicago.

The invaluable Nonprofit Quarterly asks whether Harvey Weinstein cynically used philanthropy to cloak his unconscionable actions.

We might ask the same questions of many of the heartless corporations and individuals now poring hundreds of millions into charter schools, simultaneously destroying democratic public schools.

What about the Waltons? They claim they love poor children and children of color, so they spend at least $200 Million every year to dismantle their community schools and replace them with privately managed charters.

They break the unions that assure the parents of these children a living wage. They refuse to pay their own 1 Million plus workers a living wage.

If they really cared about the children, why don’t they care about the conditions in which they live?

This is what NPQ calls depravity.

The story includes this quote:

“Jelani Cobb, a staff writer at the New Yorker, offers us something new to consider about this ugly story. “The great mystery of evil is not that it persists but, rather, that so many of its practitioners wish to do so while being thought of as saints.” As the idiom “a wolf in sheep’s clothing” warns, beware of the champions of progressive causes with whom contact is dangerous. According to countless reports, Weinstein was apparently a wolf in wolf’s clothing.”

How many corporate reformers are impoverishing the people of Puerto Rico by demanding that PR pays 100% on the bonds they scooped up at a deep discount? Their advice to PR: pay us back and close schools and hospitals and all other public services. Maybe they should send in KIPP, Eva, Uncommon, and Achievement First. Oops. You can’t get blood from a stone. They may have to write off their losses on their tax returns.

Call them what they are: predators.

Billionaire Reed Hastings of Netflix gave $5 million to the campaign to beat Steve Zimmer for the LAUSD School Board last spring.

The charter billionaires won control, and Ref Rodriguez was elected president of the board.

Now Ref is in legal trouble, and Reed came through for his legal defense.

Click to access LAUSD%20Board%20Member%20Ref%20Rodriguez%20Legal%20Defense%20Fund%2010.09.17.pdf

So good to have friends when you are in trouble.

Deep pockets.

The Los Angeles Times reports that the charter chain founded by LAUSD board member Ref Rodriguez has now accused him of financial misdeeds. He was accused last month of money laundering during his campaign for the board seat. Rodriguez was put into office by the charter billionaires associated with the California Charter School Association. After the defeat of Steve Zimmer by Nick Melvoin last spring, The board had a charter majority for the first time and was on the cusp of privatizing many more schools. After his indictment, Rodriguez stepped aside as board president but refused to give up his seat.

Will Rodriguez cling to his seat? Will Eli Broad and Reed Hastings and Alice Walton have to buy a new board seat?

“The charter school network that L.A. school board member Ref Rodriguez co-founded and ran for years has filed a complaint with state regulators alleging that Rodriguez had a conflict of interest when he authorized about $285,000 in payments drawn on its accounts.

“Officials at Partnerships to Uplift Communities, or PUC Schools, filed the complaint Friday with the state’s Fair Political Practices Commission.

“According to the complaint and documents reviewed by The Times, the vast majority of the money transfers that Rodriguez authorized and PUC has flagged went from school accounts to Partners for Developing Futures, a nonprofit under his control.

“An attorney who reviewed the records for the school network said he has found little or no evidence so far of services provided for these payments.

“The payments were made in 2014, but do not appear to have been properly authorized,” said attorney Gregory Moser, whose firm was hired by PUC to conduct the investigation. “Nor are the purposes of the expenditures and benefit to the schools adequately documented, our investigation revealed.”

“PUC’s senior managers said they uncovered the transfers — made in a series of checks — while responding to questions and requests from The Times in compliance with the state’s Public Records Act.

“The conflict-of-interest allegations could add to Rodriguez’s legal problems.

“Last month, prosecutors charged him with three felonies and 25 misdemeanors for alleged money laundering in his school board campaign. Rodriguez is accused of soliciting people to give him donations and then illegally paying them back.”

Charter Schools Education Los Angeles Board of Education

Mercedes Schneider, continuing her practice of following the money, decided to take a look at Education Post, a website that regularly sings the praises of corporate reform and hires hatchet-persons to go after critics of privatization and high-stakes testing.

Education Post was whistled into existence by billionaire Eli Broad, theoretically to introduce civil discourse into education debates but specifically and expo,icitly to defend the poor billionaires who felt they needed someone to defend them in the social media world. Poor, poor billionaires, with tender egos.

Millions flowed to Education Post, but it is hard to know whether Eli and the other billionaires got a return on their investment. As Peter Cunningham once said to me in defense of high-stakes testing, “You measure what you treasure.” I disagreed, since I could think of any way to measure my grandchildren or my other loved ones.

Peter has certainly done well, as Mer exes reports.

“Cunningham garnered a raise, from $201,950 [$190,700 plus $11,250 deferred comp.] for 7.5 months in 2014 to $368,138 [$327,844 plus $40,294] for 12 months in 2015, which reflects an overall raise of $45,018 and a raise of $22,724 in non-deferred compensation.”

But how is Eli’s ego? Are the billionaires getting their money’s worth? How is the ROI?

Eli Broad says he is stepping down from leadership of his foundation to “devote more time to his family.” This is cause for the New York Times to speak of his many gifts to the cultural life of Los Angeles.

We can only hope that he steps away from his hyperactive efforts to privatize public schools in Los Angeles and elsewhere. Eli Broad and his wife Edythe are graduates of the public schools of Detroit. But they feel no gratitude to the Great Democratic Institution that helped to lift them into a life of great riches.

Maybe they hated their teachers.

For whatever reasons, Eli Broad has contributed a significant bit of his vast fortune to training Superintendents to close public schools and replace them with privately run charters. They are known across the nation as “Broadies” and are viewed by parents and teachers as top-down bullies. He has created a plan to put half the children in Los Angeles into private charters. He contributes to publications and policy groups that defame public schools.

Why the hostility to public schools? Why doesn’t he want to make public schools the best they can be instead of undermining and closing them?

I don’t have the answer but I do recall meeting with Eli in his gorgeous penthouse on Fifth Avenue in New York City. What stuck with me was his frank admission that he knew nothing about education but was certain that good management was the key to solving the problems of urban education.

When he looks over his accomplishments, education reform will not be one of them. He meddled heavily in Detroit, and he and DeVos cannot call it a success for their shared philosophy.

There is not a single district he can point to with pride and claim success.

He has been a destructive force in the world of education. His love of disruption produced nothing but disruption.

While he is retiring from an active role in philanthropy, don’t be surprised if he continues to meddle in education, about which he admittedly knows nothing but has very strong opinions.