Search Results for: Newsom

Interoperable Data To Fuel Human Capital Hedge Funds

An influential network of economists and billionaire-backed foundations have laid out this nefarious plan for a futures market in human capital data with the help of complicit academics and think tanks (here, here, here, here, and here). They did it piece by piece, so gradually that few realize the dangers that loom on the horizon. […]

Accounting Ledgers Connect The Dots: From Jamestown To Harlem And Beyond

168 pages 168 pages of calculations 168 pages assessing people as commodities 168 pages estimating economic returns on “investment” in the poor 168 pages of financial depravity, inequality, callousness 168 pages of too few with too much and too many with too little 160 pages built on the trans-Atlantic slave trade 400 years from Jamestown’s […]

Will We See A Pre-K TARP? (Toxic Assets Relief Program) In 20 Years?

Over twenty plus years, Harlem Children’s Zone (HCZ) grew from a one-block pilot offering integrated social service delivery to a vast enterprise overseeing 20,000 children and adults within a ninety-seven block area. Under the leadership of Geoffrey Canada, hundreds of millions of dollars flowed from finance interests into HCZ’s programs, including Promise Academy Charter Schools, […]

Is Universal Pre-K Legislation A Set Up For “Lifelong Learning?”

I’m worried about universal pre-k. Let me repeat. I’m VERY worried about universal pre-k. I worried when Michael Bloomberg and John Arnold supported it in Philadelphia. I worried when I learned about social impact bonds and “pay for success” finance. I worry few people know about these new methods of intrusive pre-k data collection: vests […]

Could “Community Schools” Be Today’s Sugar Refineries?

Global finance has not underwritten “cradle to career” interventions to empower the poor or eliminate the source of their suffering. No, the intent of the 168 pages of calculations paid for by Paul Tudor Jones and the Robin Hood Foundation is to harness the human capital of oppressed communities so it can be scrutinized for […]

Home Visit Legislation: A Sales Pitch For Family Surveillance?

I’ve heard rumblings from folks in a number of states about pending legislation to establish home visit programs for expectant families or families with newborns or pre-school age children. So many families are struggling. Poverty is at an all time high. When hearing about such bills, those who have not been faced with the challenge […]

Stanley Druckenmiller and Paul Tudor Jones: The Billionaire Networks Behind Harlem’s Human Capital Lab

Stanley Druckenmiller, also a hedge fund manager, recruited Gary Cohn of Goldman Sachs for the board of the Harlem Children’s Zone. As board chair, Druckenmiller shaped the leadership of the organization, which came from the highest echelons of New York’s finance sector. Druckenmiller and Geoffrey Canada had gone to school together at Bowdoin in Maine. […]

Shorting The Lives of Children: No Small Matter

As I wrote in a previous post, “Don’t Let Impact Investors Capture the Non-Profit, Activist Media,” documentary film has been hijacked to advance the social impact investment agenda. I touched on it in a piece about Ted Dintersmith’s, Most Likely to Succeed. Dintersmith launched a Sundance-affiliated program, the Catalyst Fund, matching social justice minded filmmakers […]

ACE (Adverse Childhood Experience) Scores: Part of the “Pay for Success” Plan?

A red flag for me in Gavin Newsom’s “child-friendly” proposed budget was the $45 million he allocated to screen children and adults in Medi-Cal for ACEs. I’m writing this post to express serious reservations I have about the process of developing ACE (Adverse Early Childhood Experiences) scores for people. ACEs are getting tremendous media exposure of […]