Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
Schumer & Sanders Want One Thing: Your Money - 16th Feb 19
What Could Happen When the Stock Markets Correct Next - 16th Feb 19
Bitcoin Your Best Opportunity Outside of Stocks - 16th Feb 19
Olympus TG-5 Tough Camera Under SEA Water Test - 16th Feb 19
"Mi Amigo" Sheffield Bomber Crash Memorial Site Fly-past on 22nd February 2019 VR360 - 16th Feb 19
Plunging Inventories have Zinc Bulls Ready to Run - 15th Feb 19
Gold Stocks Mega Mergers Are Bad for Shareholders - 15th Feb 19
Retail Sales Crash! It’s 2008 All Over Again for Stock Market and Economy! - 15th Feb 19
Is Gold Market 2019 Like 2016? - 15th Feb 19
Virgin Media's Increasingly Unreliable Broadband Service - 15th Feb 19
2019 Starting to Shine But is it a Long Con for Stock Investors? - 15th Feb 19
Gold is on the Verge of a Bull-run and Here's Why - 15th Feb 19
Will Stock Market 2019 be like 1999? - 14th Feb 19
3 Charts That Scream “Don’t Buy Stocks” - 14th Feb 19
Capitalism Isn’t Bad, It’s Just Broken - 14th Feb 19
How To Find High-Yield Dividend Stocks That Are Safe - 14th Feb 19
Strategy Session - How This Stocks Bear Market Fits in With Markets of the Past - 14th Feb 19
Marijuana Stocks Ready for Another Massive Rally? - 14th Feb 19
Wage Day Advance And Why There is No Shame About It - 14th Feb 19
Will 2019 be the Year of the Big Breakout for Gold? - 13th Feb 19
Earth Overshoot Day Illustrates We are the Lemmings - 13th Feb 19
A Stock Market Rally With No Pullbacks. What’s Next for Stocks - 13th Feb 19
Where Is Gold’s Rally in Response to USD Weakness? - 13th Feb 19
US Tech Stock Sector Setting Up for A Momentum Breakout Move - 12th Feb 19
Key Support Levels for Gold Miners & Gold Juniors - 12th Feb 19
Socialist “Green New Deal” Points the Way to Hyperinflation - 12th Feb 19
Trump’s Quest to Undermine Multilateral Development Banks - 12th Feb 19
Sheffield B17 US Bomber Crash 75th Anniversary Fly-past on 22nd February 2019 Full Details - 12th Feb 19
The 2 Rules For Successful Trading - 12th Feb 19 -
Financial Sector Calls Gold ‘Shiny Poo.’ Are They Worried? - 11th Feb 19
Stocks Bouncing, but Will They Resume the Uptrend? - 11th Feb 19
EURO Crisis Set to Intensify: US Dollar Breakout Higher
Stock Market Correction Starting? - 10th Feb 19
Gold Stocks Gather Steam - 10th Feb 19
Are Gold Bulls Naively Optimistic? - 9th Feb 19
Gold, Silver Precious Metals Update - 9th Feb 19
The Wealthy Should Prepare to Be Soaked - 8th Feb 19
US Business Confidence Is Starting to Crack - 8th Feb 19
Top Myths and Facts about ULIP Plans - 8th Feb 19
A Major Stocks Bear Market in 2020? - 8th Feb 19
Gold Market Extremes Test Your Mettle - 8th Feb 19
The Venezuela Myth Keeping Us From Transforming Our Economy - 8th Feb 19

Market Oracle FREE Newsletter

The Real Secret for Successful Trading

Billionaires Unite! Against Public Education and Teachers

Politics / US Politics Sep 28, 2010 - 04:21 AM GMT

By: Shamus_Cooke

Politics

Best Financial Markets Analysis ArticleIn less than a week two billionaires have joined the anti-teacher "Billionaires Club": a group of ultra-wealthy individuals hell-bent on destroying public education and teachers’ unions. The newest members of the club are Oprah Winfrey and Facebook founder Mark Zuckerburg.


Winfrey has used her show — twice in one week — as a platform against public education. She first hosted billionaire Bill Gates to discuss his "philanthropy" in education, as he promoted the new anti-public education propaganda film Waiting for Superman.

Waiting for Superman is a "documentary" focused on the types of anti-teacher school "reforms" desired by the Billionaires Club, who have used their tremendous wealth to blackmail school districts and states to institute their policies.

For example, the Facebook founder's donation of $100 million to the Newark, New Jersey school district will almost certainly require — according to The New York Times — that the school institute these reforms, much like Bill Gates' donation of $100 million to the Tampa Hillsborough County School District — and the $90 million to the Memphis school district — had the same types of strings attached.

What are the conditions for receiving this "charity" of billionaires? It's the same demands for receiving money from the federal government under Obama's badly-named Race to the Top program: creating more privately administered — or for profit — Charter schools; connecting teacher's pay with student test scores (merit pay); undermining the seniority of teachers; and other tricks to dis-empower teachers and public education.

Diane Ravitch, a former corporate-school reformer, has now dedicated her time to exposing the motives of the super-rich and their new-found interest in "reforming" public education. In her book The Death and Life of the Great American School System, Ravitch entitles a chapter “The Billionaires Boys Club.” On the radio show Democracy Now! Ravitch summarized the chapter:

“The Billionaires Boys Club is a discussion of how we’re in a new era of the [billionaire] foundations and their relation to education. We have never in the history of the United States had foundations with the wealth of the Gates Foundation and some of the other billionaire foundations — the Walton Family Foundation, The Broad Foundation. And these three foundations — Gates, Broad and Walton — are committed now to charter schools and to evaluating teachers by test scores. And that’s now the policy of the U.S. Department of Education. We have never seen anything like this, where foundations had the ambition to direct national educational policy, and in fact are succeeding."

There are some key motives for billionaires to jump in a coalition with this singular focus, none of them well meaning.

1) There are unknown billions in profits to be made in privatizing public education, either in the private administration of schools, curriculum companies, or wholly for-profit schools. There has been much talk in the investor world of this new "market.” In addition, the New York Daily News reported: “Wealthy investors and major banks have been making windfall profits by using a little-known federal tax break to finance new charter-school construction. The program, the New Markets Tax Credit, is so lucrative that a lender who uses it can almost double his money in seven years.” (May 5, 2010).

http://www.nydailynews.com/ny_local/education/2010/05/07/2010-05

2) The super-rich hate taxes. They would rather not pay taxes towards public education when they could instead invest their money in private schools and reap profits.

3) Billionaires hate unions (they didn't become billionaires by paying union wages): The biggest obstacle towards privatizing public education is the powerful teachers’ unions. Teacher unions are also the strongest segment of the labor movement, and thus the most powerful grouping in the U.S. working class, able to fight back most effectively against corporate school reform— the billionaires’ natural enemies.

The super-rich attacked first in this battle between teachers and billionaires. The teachers must defend themselves. Shamefully, certain segments of the teachers’ unions are having troubles labeling their attackers as enemies.

For example, the President of the American Federation of Teachers (AFT), Randy Weingarten, sent a friendly invitation to Bill Gates to address the AFT convention, where Gates was allowed to deceive the teachers about the intentions of his multi-billion dollar "investment" in "reforming" education.

Gates’ ideas about education — blaming teachers for everything — ignores what most teachers already know: the main predictor for a student’s success is social-economic background. Rich students outperform poor students for many different reasons: less stress, more resources, parental help, etc. Ignoring this obvious fact exposes the billionaires’ profit motive behind their fake charity.

Teachers must fight back. They cannot allow the media to frame the debate with the ideas of the corporate think tanks and foundations. Teachers cannot concede on the issues that help keep their unions powerful, such as seniority; merit pay must be defeated for the same reasons.

If the teachers’ unions combined with other public sector unions, parent associations, and the community at large to demand FULLY FUNDED PUBLIC EDUCATION by TAXING THE RICH, the billionaires would find themselves without allies. Their money might then be put towards something useful.

Shamus Cooke is a social service worker, trade unionist, and writer for Workers Action (www.workerscompass.org).  He can be reached at shamuscook@yahoo.com

Shamus Cooke is a frequent contributor to Global Research.  Global Research Articles by Shamus Cooke

© Copyright Shamus Cooke , Global Research, 2010

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules