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13 Jul 09

Taking Shorter Showers Doesn't Cut It: Why Personal Change Does Not Equal Political Change | Politics | AlterNet

Both the Left and the Right are hinting at revolution more than I've seen in my entire life. Wall Street and Washington have triggered something.

www.alternet.org/...oes_not_equal_political_change - Preview

activism corruption morality ethics

09 May 09

Ed Schultz: Insurance Companies Are At The Table, Why Not Single Payer? | Crooks and Liars

Great clip. Outrageously spineless behavior from the Dems. We may as well have elected a Republican congress.

crooksandliars.com/...ltz-insurance-companies-are-ta - Preview

corruption healthcare obama lobbying

26 Apr 09

Tutoring program not hitting its marks - Las Vegas Sun

WaPo makes most of its money from SES profits along these lines - Kaplan, above all.

www.lasvegassun.com/...-program-not-hitting-its-marks - Preview

nclb corruption businessroundtable

  • A federally mandated after-school tutoring program, which has cost the state more than $20 million over five years, has had no effect on Clark County student achievement in reading while bringing slight gains in math, according to researchers.



    While noting that the researchers’ findings are not definitive, Keith Rheault, Nevada’s superintendent of public instruction, said the federal dollars spent on reading tutoring appear to have been “a waste of money,” which he intends to correct.



    “We should have spent that money on programs during the academic day instead of 30 or 40 minutes after school a couple times per week,” Rheault said. “We need to figure out why the reading (tutoring) has failed.”



    Nearly all the funding was spent in the Clark County School District, which has about 70 percent of the state’s K-12 enrollment. To evaluate the tutoring, which is provided by private companies at schools serving large numbers of students from low-income households, researchers at the University of Memphis compared test scores of students who received the assistance during the 2007-08 academic year with their peers who did not.

17 Apr 09

Why Goldman's $10b Repayment Offer Is a Bad Deal | Newsweek Business | Newsweek.com

  • That gets us back to the point about independence. The essential conflicts of interest in the ratings industry, for example—in which major players like S&P, Moody's and Fitch receive compensation from the very banks and corporations whose financial health they are rating—has already been well publicized. Yet, to date, nothing about that system has changed. This is a fundamental flaw, and one that desperately needs to be addressed if we are to reestablish trust in the U.S. banking system (which controls, by far, the largest chunk of the world's financial flows).
16 Apr 09

The best investment money can buy | Salon

  • For example, the banking industry recently paid Rahm Emanuel $16 million for about two years of work. That investment was recently paid back when, as President Obama's chief of staff, Emanuel led the January campaign to release another $350 billion in bank bailout funds. Turning a $16 million down payment into a $350 billion payout -- that's huge!

    Likewise, Goldman Sachs hired former Senate aide Mark Patterson as one of its lobbyists -- an investment that proved a huge winner when Patterson became the Treasury Department's chief of staff and the agency subsequently killed proposals to limit executive compensation at bailed-out banks. Cha-ching!

    And the hedge fund industry paid economist Larry Summers $5.2 million in 2008 for part-time work -- an investment that hit pay dirt when Summers became Obama's top economic aide and the administration resisted tough international hedge fund regulations that some G-20 countries wanted. Show me the money!

    That's right, the surest way to make big cash is not to invest in people with proven business experience or in valuable entrepreneurial ventures, but in blue-chip members of Permanent Washington -- career politicos and bureaucrats who inevitably get back into positions of power and payback!

12 Feb 09

Tyranny of the test: One year as a Kaplan coach in the public schools—By Jeremy Miller (Harper's Magazine)

Why the Washington Post has a conflict of interest when it comes to education journalism: it owns Kaplan Education, and makes gobs of money from it.

www.harpers.org/...0082166 - Preview

funding kaplan_education bush nclb washingtonpost media corruption webroundup

  • I am here because the High School for Health Careers and Sciences, one of several small schools in what was once a single large high school in the Washington Heights neighborhood of Manhattan, has purchased Kaplan’s SAT Advantage program, an abbreviated version of the SAT prep course offered by the testing company at any of its 150 centers nationwide. (“Higher test scores guaranteed or your money back.”) As one of Kaplan’s roving “coaches,” I will spend the day helping math and English teachers kick off the test-taking course by modeling the “Kaplan method” for their classes. Depending on the number of students it serves, a Kaplan program like this can cost a school well into the tens of thousands of dollars. For my efforts each day, which cannot exceed six hours of instruction, I will receive a fee of $295. At this rate, a full school year’s pay would exceed a starting teacher’s salary by more than $10,000.
  • Just a few years earlier, I was a rookie teacher in a New York City public school, struggling to manage my classes while working toward a teaching license. I also know that many teachers equate the presence of test-prep coaches like me with the more insidious aspects of the No Child Left Behind Act. Because Health Careers has been able to meet certain testing benchmarks, it hasn’t been required under the law to purchase test-tutoring services from outside providers like Kaplan. But nearly 90 percent of its student body falls below the federal poverty level, and the school’s principal likely decided to use a chunk of Health Careers’ NCLB low-income-schools funding to pay for our test-prep materials.
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28 Dec 08

Reading Program Violations | No Child Left Behind | Committee on Education and Labor

Reading First program benefits from Bush cronyism. An example of the abuses encouraged by NCLB and privatizers.

edlabor.house.gov/...nclb_reading.shtml - Preview

nclb corruption education change

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