What does the Department of Ed do with $24 billion? It ain’t going to the teachers.

The NYC Department of Education has about 75,000 teachers, who are paid an average of $72,708 per year. For a total of

$5,453,100,000 total teacher expense per year

How much is that per student? Divide by about 1,100,000 students:

The cost of teachers is $4,966.45 per student

The DOE budget is $24 billion per year. Divide by 1,100,000 students and we find that we have:

$21,818.18 budgeted per student

Subtract $4,966.45 from $21,818.18 to get:

$16,852.35 overhead per student


$21,818.18 total expenditure per student
$16,852.35 overhead per student (77.2%)
$ 4,966.45 cost of teachers per student (22.8%)

Makes you wonder.

House Republicans Bail on Obamacare Briefing They Furiously Demanded

Most of the Repugnants skipped the special Obamacare briefing that they said they must have. Which earned them well-deserved mockery from Nancy Pelosi’s spokesman, Drew Hammill : “Fortunately for House Republicans, extreme bouts of self-righteous indignation are covered by Obamacare.”

via House Republicans Skip Obamacare Briefing They Furiously Demanded.

Democrats, who were complicit in the financial meltdown of 2008, now undermining financial regulation

“Lobbyists and House Democrats working to roll back a key provision of Wall Street reform are taking liberties with the truth as they make their case ahead of a key House vote.

“At issue is [H.R. 992, which will modify] what kind of derivatives trades ought to be backed up by collateral and regulated.”

A letter from Rep. Jim Himes (D-Conn.) to his colleagues claims support for lax regulation from former Rep. Barney Frank (D-Mass.), a chief sponsor of the historic Dodd-Frank reform law; Sheila Bair, reform-minded former head of the Federal Deposit Insurance Corporation; and Rep. Maxine Waters (D-Calif.), the ranking member on the House Financial Services Committee.

But Himes distorted the position of all three. And he’s welcome to BITE ME.

Democrats Claim Barney Frank, Sheila Bair, Maxine Waters Back Deregulation Bill. That’s Not True (UPDATE).

More bad news on the privacy front: NSA infiltrates links to Yahoo, Google data centers

Apparently the NSA is reading all the traffic within the Google cloud. Remember those paranoids who believed that they were abducted by aliens and subjected to anal probing? It wasn’t aliens, it was the US government.

NSA infiltrates links to Yahoo, Google data centers worldwide, Snowden documents say – The Washington Post.

Bloomberg touts success of schools using five-year-old numbers

Here’s an actual quote from the NY Daily News, 10/24/2013:

“Students at the new, smaller high schools also got four more days of instruction each year on average, according to the study of 101 schools from 2003-2008.”

Performance must have really sucked for the last five years if they’re touting this ancient study.

Gigantic private equity firms are growing slumlord menace

“It’s just a slumlord,” [tenant] Culpepper said of Colony American. “A huge, billion-dollar slumlord.”

“Most rental houses in the U.S. are owned by individuals, or small, local businesses.Culpepper’s landlord is part of a new breed: a Wall Street-backed investment company with billions of dollars at its disposal. Over the past two years, Colony American and its two biggest competitors, Invitation Homes and American Homes 4 Rent, have spent more than $12 billion buying and renovating at least 75,000 homes in order to rent them out.”

Here’s What Happens When Wall Street Builds A Rental Empire.

Pregnant Woman Forced Into Drug-Treatment Program Despite Being Drug-Free. Only Her Fetus Got a Lawyer

The pregnant woman in question, Alicia Beltran, was arrested, denied a lawyer and forced into a drug treatment program (she wasn’t using). Her fetus got an attorney though.

And Wisconsin can bite me.

Alicia Beltran, pregnant and drug-free, was forced into a drug-treatment program under Wisconsin’s “fetal endangerment” law..

Tax Foundation Study Says New York Not-So-Open For Business

‘Three years after Gov. Cuomo took office pledging to make New York “open for business,” the state still has the nation’s worst business tax climate, a new report found.’


Yabbut . . . the Tax Foundation’s ranking is solely on taxes, which are a piss-poor measure of business climate. A better method was used by CNBC which rated many factors that make up business climate (we blogged about it in August of 2012). They put New York at #34.

Tax Foundation Study Says New York Not-So-Open For Business | New York Daily News.

Pipeline Regulators Spend More Time With Industry Than Doing Their Job

Between 2007 and 2012, staff from the Transportation Department’s Pipeline and Hazardous Materials Safety Administration spent 2,807 days at conferences, meetings and other events sponsored by the oil, gas and pipeline industries, according to the report from Public Employees for Environmental Responsibility (PEER). That’s nearly three times as many as the 970 days the staffers spent responding to spills, explosions and other significant incidents on the pipelines they regulate. PEER drew the figures from agency records received in response to a Freedom of Information Act request.

via Pipeline Regulators Spend More Time With Industry Than Oil Spills: Watchdog Report.