Tuesday, May 16, 2017

Seattle Schools Community Forum: Rich People; Could They Please Leave Public Ed Alone?

Seattle Schools Community Forum: Rich People; Could They Please Leave Public Ed Alone?:

Rich People; Could They Please Leave Public Ed Alone?

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Forbes has just come out with its annual list of the wealthiest people in the world.  

It was a record year for the richest people on earth, as the number of billionaires jumped 13% to 2,043 from 1,810 last year, the first time ever that Forbes has pinned down more than 2,000 ten-figure-fortunes. Their total net worth rose by 18% to $7.67 trillion, also a record. The change in the number of billionaires -- up 233 since the 2016 list -- was the biggest in the 31 years that Forbes has been tracking billionaires globally. 

Bill Gates is the number one richest for the fourth year in a row, and the richest person in the world for 18 out of the past 23 years. He has a fortune of $86 billion, up from $75 billion last year. Amazon’s Jeff Bezos had the best year of any person on the planet, adding $27.6 billion to his fortune; now worth $72.8 billion, he moved into the top three in the world for the first time, up from number five a year ago.

The U.S. continues to have more billionaires than any other nation, with a record 565, up from 540 a year ago.
You can only cross your fingers that all the new U.S. billionaires don't get it into their heads to go the way of Gates in terms of his "helping" public education.   

NPR had a good piece on a new book on philanthropy, The Givers: Wealth, Power and Philanthropy in a New Gilded Age by David Callahan.


"We're seeing just an escalating ideological arms race as more money pours in from wealthy donors across the spectrum," says Callahan, who founded the news website Inside Philanthropy.

Callahan says this philanthropic money comes at a time when most Americans feel disenfranchised. "More and more public policy debates looks like Greek gods throwing lightning at each other, billionaires on the left and the right, as the rest of us watch from the sidelines," he says.
Now the students don't know this happening but the teachers sure do because they tend to be the end users of these new "innovative" ideas that come from on high.

Naturally, there's always more than one reason for their largess:


"If I give a doSeattle Schools Community Forum: Rich People; Could They Please Leave Public Ed Alone?:

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