Friday, October 10, 2008

An Early End to the '08 (Education) Campaign

"The privitization of schooling would produce a new highly active and profitable industry."
Milton Friedman, "Capitalism", 1950.

Bill Gates Eli Broad

Bill Gates (left) and Eli Broad
(l. to r.) Jason DeCrow / AP; Josh Reynolds /

Time Magazine
"In choosing the next president, American voters have their fair share of crises to consider, be it the economy, healthcare, or national security. But will education be on many voters' minds on Nov. 4? Increasingly, the answer appears to be no.

The latest evidence is the decision by two of the country's largest philanthropies to stop funding Ed in '08, a nonpartisan campaign created to make improving education a top priority in the 2008 presidential race. When Ed in '08 launched 16 months ago, the Bill and Melinda Gates Foundation and the Los Angeles-based Eli and Edythe Broad Foundation promised $60 million to finance the single-issue project. Now, however, $24 million into the campaign, both organizations have decided to pull the plug. "

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