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Wednesday, February 9, 2011

solidaridad: Charter Voucher Charlatans Now Advocating AIG Style Derivatives

solidaridad: Charter Voucher Charlatans Now Advocating AIG Style Derivatives

Charter Voucher Charlatans Now Advocating AIG Style Derivatives

"The education industry represents, in our opinion, the final frontier of a number of sectors once under public control... represents the largest market opportunity... the K-12 market is the Big Enchilada." — Montgomery Securities prospectus quoted in Jonathan Kozol's "The Big Enchilada"

Charter Voucher Charlatans Now Advocating AIG Style Derivatives
If we ever needed more evidence that the entire charter-voucher charade is about market share and money making, Expand a Proven Finance Solution for All Charter Schools, [1] by Ricardo Mireles, the well heeled Executive director of Academia Avance provides us with clear insight.

In the piece Mr. Mireles, without any regard to the fact that he's discussing public money, advocates "sell[ing] our state receivables to private