Luke Brinker writes in Salon about “Michelle Rhee’s favorite wing nuts.” He says that StudentsFirst, flush with hedge fund cash, is spending freely on hard-right GOP candidates.
“Michelle Rhee, the former Washington, D.C. schools chancellor and the longtime public face of the education “reform” movement, makes no secret of the fact that her nonprofit organization StudentsFirst backs Republican politicians. In 2012, the self-described Democrat’s group threw its support behind conservative candidates in state legislative races around the country, overlooking many GOPers’ extreme stances on issues like abortion and LGBT rights in its quest to elect candidates who subscribed to the group’s agenda of increasing the number of charter schools, weakening teachers’ unions and tenure protections, and reinforcing an approach to education that emphasizes high-stakes standardized testing. This year, Rhee is once again lending her organization’s financial might to a set of Republicans with hard-right views, as StudentsFirst aims to keep a Republican-led coalition in control of the New York state Senate.
“In its fight to keep the chamber in the GOP’s hands, StudentsFirst launched New Yorkers for a Balanced Albany, a political action committee that quickly became the biggest spender on behalf of Republican Senate candidates. Among its most generous benefactors have been some of the hedge fund world’s boldface names; Daniel Loeb of Third Point LLC and Julian Robertson, formerly of Tiger Management, each ponied up $1 million, Elliot Management’s Paul Singer donated $500,000, and Louis Bacon of Moore Capital Management has also contributed to the group.
“Flush with Wall Street cash, New Yorkers for a Balanced Albany has lavished more than $1 million on ads for four right-wing state Senate candidates; the ads denounce higher taxes and public campaign financing and all but one cast New York City Mayor Bill de Blasio, a foe of the “reform” movement, in the role of left-wing bogeyman….”