Today Eliza Shapiro at Capital NY reports the following:
The Success Academy charter school network has received an $8.5 million donation from the philanthropic foundation of John Paulson, a billionaire hedge fund manager.
The donation, which was announced on Thursday, will be used to build new Success elementary, middle and high schools.
The network is expanding significantly, with 14 new schools opening in the next few years. By 2020, the network will have about 50 schools educating about 36,000 students.
The network's critics, some of whom are allied with teachers' unions, have assailed its close ties to hedge fund managers. The new donation is sure to give those groups more ammunition, although Moskowitz has said that charity goes to an array of worthy goals, including education. Success raised $9.3 million at its most recent benefit, almost exclusively from financiers.
That's $9.3 million at the spring benefit and $8.5 million from Paulson for a cool $17.8 million dollars from just two events - the benefit and Paulson's largesse.
Add in the $9.7 million pro-charter Families for Excellent Schools spent lobbying and carrying Moskowitz's water in Albany and in the media and you have Moskowitz doing pretty good for herself despite that existential crisis she declared if mean ol' Bill de Blasio forced her to pay rent for co-locations or pay for private space on her own dime.
If Moskowitz can raise this kind of money in so brief a period, isn't it time she pull her own weight and stop taking money away from New York City's public school children?
Andrew Carnegie built 1,679 libraries for Americans. His generosity was to all people, young and old and not to a destructive, autocratic, narrow-minded agenda.ReplyDelete
Carnegie destroyed unions during his life. Eva is his heir apparent in this century.Delete
I do realize that. I was comparing his philanthropy to John Paulson. Paulson is giving away his fortune to fund charter schools and he also gave 400 million to Harvard. There is some redeeming quality to building public libraries.Delete
Moscowitz has to cry poverty as she plays her role in the destruction of public education.ReplyDelete
Every dollar channeled to the charter industry comes at the expense of the public education sector. While Moscowitz knows in the back of her mind that she doesn't need public funds to operate her charter, as the hedge funds well-support her financially and Cuomo supports her legislatively, she understands full well that she is taking from a public sector by trying to push it underwater from a fiscal standpoint.
This is the privatization operating according to its doctrines.
Moscowitz should be thrown in to prison for the rest of her pitiful life for her crimes against the citizens of New York.
We can also hope she gets into a deadly accident. Miracles do sometimes happen.Delete
IF YOU DODNT ALREADY KNOW ................. MOSKOWITZ IS THE NEXT MAYOR OF NYC. SHE WILL EASILY WIN IN NOVEMBER OF 2017.Delete
Everybody complaining about DeBlasio. Listen, he's a gift from above right now. Can you imagine Moskowiz as mayor teamed up with Cuomo? At least we have 2 more years before she's elected. You think it's bad now? Wait!!! Just wait until Jan. 1, 2018. Just wait and see how bad it will become while Cuomo coasts to his 3rd term. Believe it!!!!Delete
Moskowitz wouldn't even get 5% of the vote. Her salary is obscene and the teaching methods her schools pursue should be investigated by the feds after the NYT exposed some of them. She is a despicable human being.ReplyDelete
How many of Evil's students got into NYC competitive HS's? Same as last year--Zero. But her Cheater Schools are producing very high test scores...HMMM...how could that be?ReplyDelete
By obtaining education you created educated yourself. And by work, you created excellent yourself. We tend to work on your writing and create a captivating writing for the subject of your report. pronoun checkerReplyDelete
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