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We now know more about how Newark schools partially squandered Mark Zuckerberg’s $100 M donation
Business Insider ^ | 10/21/2015 | Ruth Marcus, Washington Post

Posted on 10/21/2015 7:50:55 AM PDT by SeekAndFind

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To: driftless2
Sorry....Suckerberg not Suckerman.
21 posted on 10/21/2015 9:29:15 AM PDT by driftless2 (For long term happiness, learn how to play the accordion)
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To: JoeFromSidney

RE: Maybe Z’s goal was to demonstrate that lack of money isn’t the problem, and more money isn’t the solution.

WOW, and he was willing to squander $100 Million to prove it?

That money could have been put to good use funding a potentially lucrative start-up.

Some people just have way too much money.


22 posted on 10/21/2015 9:41:06 AM PDT by SeekAndFind
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To: SeekAndFind
You no how sometimes you read an article like this and a Tune pops into your head, I'm sure there are plenty of other tunes that would fit but this came immediately to my mind.

Just replace the word wanderer with squanderer... the democrat socialist and Rino's live to squander.

https://www.youtube.com/watch?v=gDAhOuiFZyY

Can't say how many decades since I heard or thought of this tune and boom there it is, amazing how the mind works.

 
 
 
 
 
 

23 posted on 10/21/2015 9:46:04 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Opinionated Blowhard

But the article does say 5 years was not enough time..................


24 posted on 10/21/2015 9:55:57 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SeekAndFind
It wasn't "just" $100 million..someone ( probably you and me...) matched that.

So, it was $200 million smackers!!

25 posted on 10/21/2015 10:10:55 AM PDT by Osage Orange (Obama practices "religion" in the mirror.)
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To: Iron Munro

#6 He was smart enough to steal the idea of Facebook then hire people who knew how to run a company and who got stock in the company and very rich when it used phony numbers of users to impress Wall Street when they did their IPO.

The CEO is really just a figurehead. What has he done other then rake in the money from the stock going up? What does he do at Facebook?

He keeps busy going around to meetings with other rich people trying to out do each other.


26 posted on 10/21/2015 10:30:44 AM PDT by minnesota_bound
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To: SeekAndFind

In the last ten years, in a city of less than 200,000 people, during a time when enrollment declined to 28,000 students, our school district spent more than 2 billion dollars rebuilding and upgrading every school in the district. That is over 71 thousand dollars per student and that is only what was spent on upgrading the facilities not teacher salaries, books, buses, and everything else.

When my wife and I went to school here just a tiny fraction of that amount was spent on schools even in inflation adjusted dollars. Since that time student achievement has tanked. The school district blames the students for their poor performance in a mealy mouthed way that points out that most of the kids are now “minorities”.

So 200 million bucks... Newark has only 7 thousand more students than our school district. 200 million bucks isn’t even a fraction of what our district spends... why would anyone think that amount would make even the tiniest ripple. Public schools are out of control money pits.


27 posted on 10/21/2015 11:05:13 AM PDT by fireman15 (Check your facts before making ignorant statements.)
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To: SeekAndFind; Impy; Clemenza; BillyBoy

Giving $100 million to Newark Public Schools ? He’d have been better off burning it in a big bonfire.


28 posted on 10/21/2015 12:00:09 PM PDT by fieldmarshaldj (Resist We Much)
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To: fieldmarshaldj

Or using it as TP.


29 posted on 10/21/2015 12:02:20 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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