When the news broke on the Head Start deal, a few attuned people were seeing through the smoke and mirrors. As David Sirota points out, John Arnold, worth a mere $2.8 or $3.8 billion (depends who you talk to and when, and as if the difference matters), is a major con-man:
Here are a few corporate schoolers who pocketed Arnold Foundation money in 2011 (see page 44 in PFD):
$100,000 to hedge fund-operated Education Reform Now, Democrats for Education Reform’s sister.
$118,000 to the venture capitalists and billionaires at the NewSchools Venture Fund
$2.1 million to Stand for Children, who used hedge fund money to buy Illinois Democrats and Bain Capital to attack teachers in Massachusetts.
The Arnold Foundation also backs KIPP Schools and last year funneled $15 million into the school privatization movement in New Orleans, giving cash to the Bradley/Walmart front group the Black Alliance for Educational Options, the Louisiana Association of Public Charter Schools, New Schools for New Orleans, and the NYC Relay Graduate School of Education, which takes teacher evaluation to a new level, so that Masters degrees are only given to teachers in training who show that their students from low-income communities can do well on standardized test scores.
John Mutz and the Arnolds must really get along well. The Arnold Foundation loan money will be used to keep Head Start open in six states: Florida, Mississippi, Connecticut, South Carolina, Georgia, and Alabama, as his Teach for America/New Teacher Project money allows real teachers to get the axe around the country and kids to be shipped off to charter school factory farms to be shot up with test bubbles then placed into a society that is already too sick to function.