Tuesday, August 09, 2011

Obama and the Charter School Sugar Daddies

"Hedge funds and bankers have become the Sugar Daddies of charter schools." — Glen Ford

Black Agenda Report's executive editor Glen Ford speaks truth to corporate charter power!

[Click if you can't listen to the audio]

In addition to listening to the radio show, check out the full transcript of Ford's incredible commentary: Obama and the Charter School Sugar Daddies

As hedge funds spin their financial webs to spur charter school expansion and President Obama bullies states to lift caps on charters, 'right-wing foundations are attempting to swallow whole the entire school district of Washington, DC.'
When it comes to the public schools, the Obama administration is allied with the most rapacious sectors of Wall Street and far-right foundations. That political reality is most evident in  the administration's campaign to establish a parallel national network of charter schools, with a heavy emphasis on inner cities. Obama and his education chief, Arne Duncan, have spent their first year and a half in office coercing states to expand charters or lose out on more than $4 billion in federal education moneys. Obama's allies on Wall Street invest heavily in charter schools, tapping into the public money stream to build their own vision of corporate education.

Black Agenda Report's coverage of the corporate onslaught against public education has been peerless. Simply searching for the word charter on their site produces a wealth of articles in which they name names and call things what they really are.


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