Latest News and Comment from Education

Tuesday, March 12, 2013

UPDATE: Koch brothers to buy the Trib? + signed on to the moratorium on school closings? + Fraud. | Fred Klonsky

Fraud. | Fred Klonsky:



Ten minute drawing. Koch brothers to buy the Trib?

Koch

Click on drawing to enlarge.



Has your alderman, state rep or state senator signed on to the moratorium on school closings?

chi-lawmakers-threaten-to-push-cps-closings-mo-001
Thousands of parents and teachers have shown up at hearings all across our city to express opposition to school closings.
It was only a matter of time for the politicians to see the writing on the wall.
The latest manifestation was the press conference yesterday consisting of Chicago alderman the the General Assembly’s Black and Hispanic Caucuses.

Leaders of the Illinois Legislature’s black and Latino caucuses on Monday accused CPS of preparing to close schools without having a comprehensive plan in place and called for a moratorium on closings for the 2013-2014 school 



Stand for Children PAC. $35,000 to Dan Biss.

Stand for Children IL PAC
D-2 Quarterly Report
7/1/2012 to 9/30/2012
This report has 24 itemized Transfers Out totaling $242,500.00
Received By
Address
Amount
Expended By
Purpose
Citizens for Elaine NekritzPO Box 2563
Glenview, IL 60025
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Fred Crespo940 S Frontage RdSte1600
Woodridge, IL 60517
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Kirk Dillard (for Senate)PO Box 345
Westmont, IL 60559-0345
$7,500.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Kyle McCarter40 Commerce Dr
Lebanon, IL 62254
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Luechtefeld700 E North St
Okawville, IL 62271
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Matt Murphy952 N Arrowhead Dr
Palatine, IL 60074
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Michael P McAuliffePO Box 31488
Chicago, IL 60631
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for NolandPO Box 1025
Elgin, IL 60121
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for Tom Morrison117 E palatine Rd Ste108
Palatine, IL 60067
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Citizens for UnesPO Box 8171
East Peoria, IL 61611
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Committee to Elect David harris323 S Pine Ave
Arlington Heights, IL60005
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Committee to Elect RichMorthlandPO Box 233
Port Byron, IL 61275
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Daniel Biss for State RepresentativePO Box 7026
Evanston, IL 60204-7026
$35,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends for SavianoPO Box 657
Addison, IL 60101
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Andy ManarPO Box W
Bunker Hill, IL 62014
$20,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Carol Sente1152 Goergetown Wy
Vernon Hills, IL 60061
$20,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Deborah Conroy385 N Highland Ave
Elmhurst, IL 60126
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Laura Fine for State Rep1700 Constitution Dr
Glenview, IL 60026
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Scott DruryPO Box 283
Highwood, IL 60040
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Sue RezinPO Box 932
Morris, IL 60450
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Friends of Susan Sweeney411 Grand blvd
Park Ridge, IL 60068
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Joe Neal for Senate38933 N Delany Rd
Wadsworth, IL 60083
$10,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution
Joe Neal for Senate38933 N Delany Rd
Wadsworth, IL 60083
$15,000.00
9/21/2012
Transfer Out
Stand for Children IL PAC
Contribution
Team DemmerPO Box 192
Dixon, IL 61021
$5,000.00
9/6/2012
Transfer Out
Stand for Children IL PAC
Contribution


Fraud.

I’m no expert on high finance.
So I don’t understand how the Securities and Exchange Commission works.
When I read the news yesterday that the SEC had found that the state of Illinois was guilty of fraud I didn’t quite know how to react.
The SEC concluded two things.
They found that the state had not met its obligation to adequately fund the state’s public employee pension systems.
They found that the state had hidden that fact from investors who bought state bonds.
I didn’t know about the lies to investors. But we have been talking