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Showing posts with the label impact fees

Stats on People Who Push Making Money Off Public Schools

From Diane Ravitch:  The trade journal Alpha recently reported that the hedge fund industry’s top 25 earners collected $21.15 billion, a whopping 50 percent over their total the year before. A hedge fund manager in 2013 needed to take in $300 million just to make the top 25. Ten years ago, in 2004, an aspiring hedge fund kingpin only had to grab $30 million to enter the industry’s top 25 elite. But the real enormity of America’s annual hedge fund jackpots only comes into focus when we contrast these windfalls with the rewards that go to ordinary Americans. Kindergarten teachers, for instance. The 157,800 teachers of America’s little people , the Bureau of Labor Statistics tells us, together make  about $8.34 billion a year .   Hedge fund America’s top four earners alone last year grabbed $10.4 billion. From Moyers & Company's Sam Pizzigati: Hedge fund billionaires are indeed investing  colossal millions  in charters...