Stock prospectus: "the education industry = the largest market opportunity - the Big Enchilada"

[Hannah Bell]

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.

Referring to private education companies as "EMOs" ("Education Management Organizations"), they note that college education also offers some "attractive investment returns" for corporations, but then come back to what they see as the much greater profits to be gained by moving into public elementary and secondary schools.

"The larger developing opportunity is in the K-12 EMO market, led by private elementary school providers", which, they emphasize, "are well positioned to exploit potential political reforms such as school vouchers".

From the point of view of private profit, one of these analysts enthusiastically observes, "the K-12 market is the Big Enchilada".

(http://www.harpers.org/archive/2007/08/page/0011)


fuck the traitors & locusts

[proud2BlibKansan]

1. k and r

[xchrom]

2. recommend

[blindpig]

3. k&r

[HughBeaumont]

4. "Once that oil starts flowing, its gonna be lots of money!"

"Whatever it costs, the government will pay you." - Yousef Shemi, Fahrenheit 9/11

So goes war, so goes education.

If there's profit, the vultures will circle.

K & R.

[Thav]

5. "described the financial benefits to be derived from privatizing our public schools."

Goddamnit, schools are supposed to benefit our CHILDREN, not some goddamned moneygrubbing wall street asshat! I can see these asshats pushing to get kids into this system at the age of three, and not letting them out into college until they're 21. 18 years of guaranteed revenue streams. Children are no longer "students" they're "profit centers."

[eppur_se_muova]

6. Resources are for strip-mining, not sustainable development ...

... and that includes taxpayers and their children.

[senseandsensibility]

7. k and r

eom