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Wednesday, May 16, 2012

RheeFirst! » Rhee sets to destroy public schools backed by conservatives, evangelicals and business

RheeFirst! » Rhee sets to destroy public schools backed by conservatives, evangelicals and business:


Rhee sets to destroy public schools backed by conservatives, evangelicals and business

Written by Stephanie Simon for Reuters. Read the entire article here (via the Chicago Tribune).
But critics say Rhee risks destroying the very public schools she aims to save by forging alliances with political conservatives, evangelical groups and business interests that favor turning a large chunk of public education over to the private sector. She won’t disclose her donors, but public records indicate that they include billionaire financiers and wealthy foundations.
…  an adviser to New York Mayor Michael Bloomberg confirms that he provided financial backing for Rhee’s recent push into Connecticut politics.
The Laura and John Arnold Foundation, funded by John Arnold, a hedge-fund manager and major Democratic donor, has pledged $20 million over five years. Other backers: the Charles and Helen Schwab Foundation, the Broad Foundation, and the Walton Family Foundation, funded by heirs to the Wal-Mart fortune, which gave $1 million, according to foundation records. …
In New Jersey, the state affiliate of StudentsFirst can count on nearly unlimited support from hedge-fund managers David Tepper and Alan Fournier, the executive director said. Tepper and Fournier are also substantial donors to the PAC backing Republican presidential candidate Mitt Romney.”