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Advice from a Billionaire: Forget Charity, Do Good While Making a Profit

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View Ratings | Rate It Headlined to H4 10/23/15

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Diane Ravitch says: 'Please, someone, tell these fund managers that they should stick to selling stuff and leave the taxpayer money for the kids, not for investors and profits. They are getting rich, and they are hurting children.  If they can generate a profit, taking public money that should be paying for the arts, for raising teachers' salaries, and for reducing class sizes, they think they are doing good works. Bobby Turner,  is opening new charter schools for profit across the country. He seems to think that destroying public education is a way to perform good works. This is the reasoning of the hedge fund managers and equity investors who are privatizing public schools. Read this  interesting interview with Bobby Turner a n associate of 1980s junk bond king Michael Milken who made a fortune in real estate; Turner is now turning that personal philosophy into action.

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

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