Archives for category: Billionaires

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.

Mercedes Schneider has developed a specialty as a detective of Follow-the-Money. A forensic accountant of financial transactions in the corporate reform world.

In this post, she tries to figure out who funded Campbell Brown’s “The 74.”

It is harder than you can imagine to untangle this web, woven of money and connections. Behind it all: privatization and union-busting. “O what a tangled web we weave…”

Mercedes Schneider was interviewed for the documentary “Backpack Full of Cash.” At the time, the filmmakers did not have a title, and they called it “School Reform.” At their request, Mercedes signed a release to allow them to use her words and image in the film. The form is enclosed.

The filmmakers interviewed many other people, including Jeanne Allen, the director of the Center for Education Reform, which is virulently opposed to public schools. Before Jeanne founded the CER to advocate for choice, she worked for the far-right Heritage Foundation. She was among the first of the privatizers who saw the value of using the word “Reform” instead of the Center to Destroy Public zschools.

Allen didn’t like the documentary at all, because it did not praise her efforts to privatize public funding. She also doesn’t like that the filmmakers used her words, quite literally, as the title of the film.

Strangest of all is her complaint that the privatizers are vastly outspent by the unions. She says,

“The teachers unions spend $300 million a year on political races. We don’t have that kind of money.”

Bring out the world’s smallest violin.

The privatization movement is funded by a pack of multibillionaires, any one of which could outspend the unions.

Start with the Waltons, whose net worth is near $50 Billion. Aside from their contributions to political campaigns, they currently are spending $200 Million a year to open new charter schools. Then there is Billionaire Reed Hastings, who recently dropped about $5 Million into the Los Angeles school board race. Then there are Democrats for Education zreform, which pools the money of scores of hedge fund managers. Add billionaire Daniel Loeb, billionaire John Paulson, billionaire Eli Broad, billionaire Joel Greenlight, billionaire Michael Bloomberg, bilionaire Daniel Tepper, billionaire Rex Sinquefield, billionaire Betsy DeVos, billionaire Bill Gates, billionaire Philip Anschutz, billionaire Jonathan Sackler, billionaire JOHN Arnold, and many many more, all of whom have contributed to political campaigns to expand and benefit the privatization movement.

Teachers unions collect money from the dues of their underpaid members. They have skin in the game. Why are billionaires so passionate about defunding public schools?

A reader looked over the list of contributors to the Center for Education Reform. No teachers union has this many rich people contributing to its coffers.

The Achelis and Bodman Foundations
The Anschutz Foundation
The Apgar Foundation
The Laura and John Arnold Foundation
Mr. and Mrs. Dennis Bakke
Mr. Tim Barton
Mr. Brian Bauer
The Honorable and Mrs. Frank Baxter
The BelleJAR Foundation
The Blackie Foundation
The Bonsal Family
Ms. Katherine Brittain Bradley
The Lynde and Harry Bradley Foundation
The Broad Foundation
Mr. Eric Brooks
Mr. S. Joseph Bruno and Building Hope
Mr. Kevin Chavous
Ms. Kara Cheseby
The Ravenel and Elizabeth Curry Foundation
The Daniels Fund
Mr. Angus Davis
Mr. Kenneth Davis
Mr. and Mrs. Robert Devereux
Mr. Philip H. Dietrich
The Honorable and Mrs. Pete DuPont
Mr. and Mrs. Terry Eakin III
Mr. John C. Eason
Mr. William S. Edgerly
The Doris and Donald Fisher Fund
Mr. and Mrs. John Fisher
Mrs. Maureen Foulke
Mr. Robert W. Garthwait
Mr. Randy P. Gaschler
The Bill and Melinda Gates Foundation
Mr. Philip E. Geiger
The Gleason Family Foundation
Dr. Charles J. Gorman
Mr. Jon Hage
Mr. John P. Hansel
Admiral Thomas B. Hayward
The Honorable Thomas J. Healey
The Shirley and Barnett Helzberg Foundation
The Christopher and Adrianna Henkels Charitable Fund
Mr. Donald Hense
Mr. Robert M. Howitt
Ms. Virginia James
Bob and Lynn Johnston
The Dodge Jones Foundation
Mr. William I. Jones
Mr. Melvin J. Kaplan
Mr. Robert D. Kennedy
The Kern Foundation
Mr. Norman V. Kinsey
Mr. Steven Klinsky
The Jean and E. Floyd Kvamme Foundation
Mr. Byron S. Lamm
Mr. Bob Luddy
Mrs. Maryann Mathile
Mr. Thomas McNamara
Mr. Anthony Meyer
The L & S Milken Family Foundation
Greg and Pam Miller
Mr. Michael Moe
Mr. and Mrs. Owen Moen
Mr. and Mrs. Stephen Moore
Mr. Gene E. Nicholson
Mr. and Mrs. Bill Oberndorf
Mr. Dennis Odle
Dr. Vivian Pan
Mr. and Mrs. Malcolm Peabody
The Ruth and Lovett Peters Foundation
The Pumpkin Foundation
The Honorable William J. Raggio
Mr. James S. Regan
Ms. Janice B. Riddell
Mr. Geoffrey Rosenberger, CFA
SABIS Educational Systems, Inc.
Michael and Ellen Sandler
Mr. Daniel P. Schmidt
Mr. Adam Shapiro
Mr. and Mrs. Stephen Sills
The William E. Simon Foundation
Ms. Shirley Sontheimer
The Smart Family Foundation
The Honorable H. Cooper Snyder
Mr. and Mrs. William B. Snyder
Mr. John R. Stambaugh
The John Templeton Foundation
Mr. Whitney Tilson
The Walton Family Foundation
Mr. Robert M. Weekley
The Honorable and Mrs. Ronald Weiser
Mr. Helmut Weymar
Mr. Chris Whittle
Jeff and Janine Yass
Ms. Marykay Zimbrick

And Jeanne Allen complains that her side is outspent by the teachers union!

Cry me a river!

How about a deal: Her side agrees to spend not a penny more than the teachers unions on political campaigns and advocacy?

Deal?

Jennifer Berkshire says that critics of Betsy DeVos and her family were wrong to write her off as a dummy. She has a long-term plan and is steadily moving towards it. Privatization of public schools is on her check list. Destruction of unions is on the list. Elimination of any restrictions on campaign cash is there. The long-term target is democracy. Not more of it. Elimination of it. Oligarchy.

Berkshire writes:

“If Betsy DeVos enjoys the occasional quaff of champagne on her private jet, the recent news that the Supreme Court is poised to deliver a knock-out blow to public sector unions presented a reason to celebrate. The announcement was made just hours before DeVos alit in Harvard Square last week, where she was the star attraction at a school choice conference. At Harvard’s Kennedy School, DeVos was met by one of the largest protests she has encountered to date: an all-ages demonstration vs just about everything Trump’s Secretary of Education has said and done during the past seven months. Inside, the event was tense, even hostile—another rocky outing in a tenure replete with them. Or at least that is the conventional wisdom.

“Turning red

“The latest Supreme Court case to take aim at the unions, Janus vs AFSCME Council 31, began two years ago with a suit filed by yet another right-wing billionaire: Illinois’ Bruce Rauner. While it is framed by conservatives as a case about individual rights and freedom, the aptly named “Janus” is about politics and power. Public sector unions, virtually the only ones left, provide the bank and the foot soldiers that get Democrats elected. At their best, they’ve spearheaded progressive causes that go far beyond the interests of their members. In Massachusetts, the teachers unions have been the driving force behind successful campaigns for a minimum wage hike, paid sick time for all workers, and are now pushing a tax on millionaires. The unions are also virtually the last organized defense of what’s left of our safety net—Social Security and Medicare; the right wants those next.

“Just days before DeVos appeared at Harvard, she was back in Michigan, taking what was essentially a victory lap. She exhorted the crowd at a conservative gathering on Mackinac Island to pat themselves on the back for the Mitten State’s having gone Republican in the 2016 Presidential election—the first time since 1988. “We in Michigan have a lot to be proud of, but nothing more than that,” DeVos said. The story of just how the DeVos’ pulled off the feat of turning Michigan red is long and ugly, involving mountains of cash, the steady erosion of representative democracy, and a decades-long effort to dismember the state’s once powerful teachers union: the Michigan Education Association.

“Michigan went right-to-work in 2012, ushered into the former cradle of industrial unionism via the DeVos’ trademark combo of political arm twisting and largesse. Another DeVos-inspired law made it illegal for employers, including school districts, to process union dues, while simultaneously making it easier for corporations to deduct PAC money from employee paychecks. This summer the DeVos’ succeeded in driving a final nail into the MEA’s coffin: the GOP-controlled legislature essentially eliminating pensions, among the last tangible benefits that teachers in Michigan receive from their unions. The union leaders I spoke to when I traveled through the state reporting on DeVos’ legacy were candid about the increasingly precarious state of their organizations. But far worse lies ahead. The demise of retirement benefits means that new teachers have little incentive to join the unions; the shrinking terrain of collective bargaining gives veteran teachers little reason to remain in them.”

Dark Money is winning. Betsy is its face. That’s why she always smiles, no matter how many protestors complain. She is pinning their wings in her scrapbook.

Democracy is in deep trouble.

Rachel M. Cohen writes in The Atlantic about a new study by Jesse Rothstein, showing that education is important but it is not the key to economic and social mobility.

She writes:

“A new working paper authored by the UC Berkeley economist Jesse Rothstein builds on that research, in part by zeroing in on one of those five factors: schools. The idea that school quality would be an important element for intergenerational mobility—essentially a child’s likelihood that they will one day outearn their parents—seems intuitive: Leaders regularly stress that the best way to rise up the income ladder is to go to school, where one can learn the skills they need to succeed in a competitive, global economy. “In the 21st century, the best anti-poverty program around is a world-class education,” Barack Obama declared in his 2010 State of the Union address. Improving “skills and schools” is a benchmark of Republican House Speaker Paul Ryan’s poverty-fighting agenda.

“Indeed, this bipartisan education-and-poverty consensus has guided research and political efforts for decades. Broadly speaking, the idea is that if more kids graduate from high school, and achieve higher scores on standardized tests, then more young people are likely to go to college, and, in turn, land jobs that can secure them spots in the middle class.

“Rothstein’s new work complicates this narrative. Using data from several national surveys, Rothstein sought to scrutinize Chetty’s team’s work—looking to further test their hypothesis that the quality of a child’s education has a significant impact on her ability to advance out of the social class into which she was born.

“Rothstein, however, found little evidence to support that premise. Instead, he found that differences in local labor markets—for example, how similar industries can vary across different communities—and marriage patterns, such as higher concentrations of single-parent households, seemed to make much more of a difference than school quality. He concludes that factors like higher minimum wages, the presence and strength of labor unions, and clear career pathways within local industries are likely to play more important roles in facilitating a poor child’s ability to rise up the economic ladder when they reach adulthood….

“Jose Vilson, a New York City math teacher, says educators have known for years that out-of-school factors like access to food and healthcare are usually bigger determinants for societal success than in-school factors. He adds that while he tries his best to adhere to his various professional duties and expectations, he also recognizes that “maybe not everyone agrees on what it means to be successful” in life….

“Rothstein is quick to say that his new findings do not mean that Americans should do away with investments in school improvement, or even that education is unrelated to improving opportunity. Certainly the more that people can read, write, compute, think, and innovate, the better off society and liberal democracy would be. “It will still be good for us if we can figure out how to educate people more and better,” he says. “It might help the labor market, our civic society, our culture.” But Americans should be more clear, he says, about why they are investing in school improvement. His research suggests that doing so in order to boost a child’s chances to outearn their parents is unlikely to be successful. According to Rothstein, education systems just don’t go very far in explaining the differences between high- and low-opportunity areas.”

Union membership is another factor that explains whether children can escape poverty. But unions are under siege, and that route has been nearly closed off by the joint efforts of ALEC, the Koch brothers, the Walton family, and other billionaires who want to pull the ladder up behind them and claim that school choice will solve the economic disparity that benefits them.

Betsy DeVos is the keynote speaker today at a conference on “The Future of School Choice,” sponsored by Paul Petersen’s Program on Education Policy and Governance at the Kennedy School at Harvard.

Might as well be called “The Glorious and Lucrative Future of School Choice” because there are no critics invited, no supporters of the public schools attended by 85-90% of American students. She will be surrounded by adoring fans, which may help her forget that she is the most unpopular member of the Trump cabinet.

DeVos will be introduced by the dean of the Kennedy School, who is not at all embarrassed to host a conference utterly lacking in balance or fairness. Apparently, he is hoping the students ask questions, since the panelists won’t.

Curiously, the names of the funders–which originally included the foundations of Charles Koch and Bill Gates–have been scrubbed from the program. The only named sponsor is EdChoice.

Click to access future-of-school-choice-agenda.pdf

Hundreds of protestors are anticipated.

https://m.facebook.com/events/131082490873746/

DeVos has devoted her life’s work to privatization of education. Her own state of Michigan has been her plaything, since she has funded so many politicians. Thanks to her intervention, education in Michigan is a hot political mess, and the state’s standing on NAEP has fallen substantially.

She owes her home state an apology.