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Wednesday, February 9, 2011

School Tech Connect: Welfare Queens

School Tech Connect: Welfare Queens

Welfare Queens

This upward redistribution of taxpayer money isn't something the average Joe will hear about; he'll only hear about greedy public sector employees and how they all need to be rounded up. By the way, this New Markets Tax Credits is behind the coming hyper-bubble in charter school construction, a scheme where investors can get casino-magnitude tax credits to make already-profitable construction loans to organizations that will eventually get bailed out by taxpayer money or by vulture philanthropists bent on privatizing public education. Charter