Sunday, September 13, 2009
Here's a 30 minute GritTV discussion about Goldman Sachs with Mike Lux, Matt Taibbi and Senate Banking Committee former chief economist, Robert Johnson (starts around the 1:00 minute mark). I realize that this is about national politics - but understanding why our economy is in the condition it's in - will help understand why, in "trickle-down" economics, schools are suffering enormous budget crunches.
Be very wary of who you reelect in 2010 to Congress. I personally believe that both parties are infused with greedy, self-serving private investors who are in the position now to not only influence - but make our laws. For instance, the plan that Obama and Arne Duncan have to close 5,000 low-performing schools and reopen them as charters will serve to line the pockets of private corporations that create and manage charter programs. Their plan to begin national testing and curricula will line the pockets of test-makers and textbook publishers. The amount of money at stake for private corporations to reap off of the backs of our public schools -- Billions.