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Picked up this comment by CJ today on Michelle Malkin's blog:

On August 27th, 2008 at 10:49 am, I’m not convinced that it’s the Ayers-Obama link that the campaign wants to hush up. Oh, they’d like that to go away, but I think there may be something more damaging. BO was Chairman of the Board of the CAC, which had a cool $100+ million to enact hopeandchange in some of Chicago’s worst schools. So, after blowing through this cool $100+ million, where’s the hopeandchange??? The kidlets who had the opportunity to experience this $100+ million of hopeandchange are now adults. Did their schools start graduating a higher percentage of students? Did test scores rise? Did more students attend (and the all-important statistic, graduate from) college? What kind of education can a cool $100+ million buy? The average cost a private school is about 5K/year. If that cool $100+ million had been used to award scholarships to poor students stuck in the worst of these schools, a couple of thousand of them could have attended private schools — for all 12 years of their childhood. BO was ultimately responsible for the cool $100+ million. How was it spent? Who was hired? Why don’t we see the promised hopeandchange? And most importantly, if Barak Obama was a failure in his ONLY executive endeavor, why would anyone even consider him fit to run a country??? And if the American people start thinking about that last question …

This is the first time I have heard how much money may have been involved over which Ayers and BO might have had accessible to them or whatever...??

No offense to “CJ” but I’ve been saying that for months!! :^)

Obambi and Ayers had $110 million or so to prove the possibilities of educational “reform” yet their own project’s final report acknowledges that virtually nothing of consequence was accomplished.

Given that this is the ONLY significant leadership role Obama has taken in his professional life, the media (and attack ads) should be all over this — what did they do with all that money besides holding retreats and workshops, what did they actually ATTEMPT to accomplish (if anything), what are the metrics by which Obambi’s performance can be evaluated, etc.

Was there any accountability at all??? I read that even though National Review and others are now getting access to Annenberg archives, the crucial Audit Reports are still being withheld!! There’s a lot more to understand about the Ayers/Obama stuff with Annenberg, but so far as I can tell Obama accomplished nothing at all with $110 million but now thinks he is qualified to take over the $2 trillion federal budget to show us all how well he can blow that money (not that federal bureaucrats and Congresscritters need much help in the waste department).

I heard 50 million, which is minor league edu. spending.
Look at Washington and the Republican Party to throw our money around like it was their own. They are as bad as the democrats with their

“No Child Left Behind Act”

for just one example...

Over the time of this law, Congress increased federal funding of education, from $42.2 billion in 2001 to $54.4 billion in 2007. This equates to an increase which outpaced inflation by 5%. No Child Left Behind received a 40.4% increase from $17.4 billion in 2001 to $24.4 billion. The funding for reading quadrupled from $286 million in 2001 to $1.2 billion. A 2008 study from the Department of Ed, “Reading First Impact Study: Interim Report,” analyzes the performance of students in 12 states who were in grades one to three during the 2004-5 and 2005-6 school years and concluded that the Reading First Program, a major billion dollar a year NCLB effort, had proven “ineffective.”

I haven’t forgotten the 8 year spending binge that Bush and company have been engaged in.

Milwaukee, Wisconsin’s annual public school budget is $1.2 billion dollars.

Sad to say, but relative to what they’re wasting here (with 40% graduation rates) $100 million isn’t really enough money to clean up a sinkhole like Chicago’s schools.