Get sick, get well
Hang around a ink well
Ring bell, hard to tell
If anything is goin' to sell
-- Bob Dylan

Friday, September 21, 2012

Hedge-funders underwrite Rahm's post-strike ad campaign

DFER Board member Whitney Tilson is chief of T2 Partners and Tilson Funds . DFER is underwriting Rahm's anti-union ad campaign.
After a devastating political defeat at the hands of Karen Lewis and the CTU in last week's teachers strike and with public opinion moving strongly to the teachers's side. The mayor of Chicago has unleashed a mult-million-dollar damage-control ad campaign. 
From the Chicago Tribune
In a political-style TV and radio ad blitz launched Wednesday, Emanuel says "change is never easy" but declares the outcome "the right deal for our kids." The ads are being paid for by a nonprofit arm of a political action committee started by Wall Street hedge fund managers who believe the creation of privately run charter schools is the best avenue to reform.
The ad campaign is being underwritten by Education Reform Now, the nonprofit arm of the Democrats for Education Reform (DFER) Political Action Committee. DFER represents the interests of a group of New York investment companies who are power houses within the Democratic Party but who favor charter schools, school vouchers and anything else that will weaken or destroy teacher unions.
"Mayor Emanuel was the best person to communicate to Chicagoans all of the unprecedented wins the kids of this city received out of this contract, so he fought for them, and we believe he should be in that TV spot talking to Chicagoans about it," said Rebeca Nieves Huffman, executive director of the group's Illinois chapter of DFER.
The TV ads are being produced by John Kupper of AKPD Message and Media, the same firm used by the Chicago Committee, a campaign fund controlled by Emanuel. That firm, was started by Pres. Obama's campaign chief David Axelrod who still has connections with it and whose son reportedly still works there.

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