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In reply to the discussion: GRAPHIC: Why Corporations Want Our Public Schools [View all]woo me with science
(32,139 posts)5. K&R. And let's again repost "The Big Enchilada."
Education: The "Big Enchilada"
http://www.billtotten.blogspot.com/2007/08/big-enchilada.html
Some years ago, a friend who works on Wall Street handed me a stock-market prospectus in which a group of analysts at an investment-banking firm known as Montgomery Securities described the financial benefits to be derived from privatizing our public schools. "The education industry", according to these analysts, "represents, in our opinion, the final frontier of a number of sectors once under public control" that "have either voluntarily opened" or, they note in pointed terms, have "been forced" to open up to private enterprise.
Indeed, they write, "the education industry represents the largest market opportunity" since health-care services were privatized during the 1970s... "The larger developing opportunity is in the K-12 EMO market, led by private elementary school providers..." From the point of view of private profit, one of these analysts enthusiastically observes, "the K-12 market is the Big Enchilada."
http://www.billtotten.blogspot.com/2007/08/big-enchilada.html
Some years ago, a friend who works on Wall Street handed me a stock-market prospectus in which a group of analysts at an investment-banking firm known as Montgomery Securities described the financial benefits to be derived from privatizing our public schools. "The education industry", according to these analysts, "represents, in our opinion, the final frontier of a number of sectors once under public control" that "have either voluntarily opened" or, they note in pointed terms, have "been forced" to open up to private enterprise.
Indeed, they write, "the education industry represents the largest market opportunity" since health-care services were privatized during the 1970s... "The larger developing opportunity is in the K-12 EMO market, led by private elementary school providers..." From the point of view of private profit, one of these analysts enthusiastically observes, "the K-12 market is the Big Enchilada."
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wow--that is the like the Powell Memo and Pentagon Papers of education privatization
yurbud
Feb 2014
#8
The "private sector" was hollowed out years ago, those big piles of government money are
Egalitarian Thug
Feb 2014
#45
we're getting close to a tipping point on this. We need something like Occupy or a way
yurbud
Feb 2014
#48
where are our moderate, centrist, DLC, New Democrat friends telling us how great corporate reform is
yurbud
Feb 2014
#49
the financial elite don't realize the noose they are making for public ed will hang them
yurbud
Feb 2014
#50
we should print this out and mail it Obama, Arne, and congress with a little note that says
yurbud
Feb 2014
#55