Pritzker – Public School Closings – Charter School Profits – Jail Program Investments – Goldman Sachs – Preschool Program Loans – Secretary of Commerce – Election Financing – ????? | Reclaim Reform

Pritzker – Public School Closings – Charter School Profits – Jail Program Investments – Goldman Sachs – Preschool Program Loans – Secretary of Commerce – Election Financing – ????? | Reclaim Reform:

Pritzker – Public School Closings – Charter School Profits – Jail Program Investments – Goldman Sachs – Preschool Program Loans – Secretary of Commerce – Election Financing – ?????

by kenpreviti

Penny Pritzker, Secretary of Commerce nominee and the billionaire Hyatt heiress who helped finance President Obama’s election, is the same person who, while an appointed Chicago School Board member, approved the closing of 50 Chicago public schools while approving the use of the same education funds to be paid to charter schools – including the Pritzker Academy.

Today: “Goldman is being joined in this effort (a childhood preschool early education program) by the Chicago investor J.B. Pritzker, (Penny’s brother) who is providing a subordinate loan of up to $2.4 million, bringing the total financing to $7 million. The loans will be announced at an event in Chicago on Thursday.” Read more HEREfrom the New York Times.
Also: “Goldman Sachs is making its second foray into an experimental method of financing social services, lending up to $4.6 million for a childhood education program in Salt Lake City.”
Also: “Though the effectiveness of this type of financing remains unproved, it has gained a prominent adherent in