By Doug Porter
You’ve probably seen stories in the news over the last few days about this wonderful couple from Texas putting up a cool $10 million to keep Head Start centers in six states open during the government shutdown.
John Arnold, a former hedge fund manager and wife Laura are reportedly worth more than $2.8 billion. It may well be that this donation has something to do with a spate of bad publicity that Arnold & Co. have been getting recently.
They’ve been called out by investigative reporters recently as being involved with what could be called a shell game being used to fleece taxpayers in the name of rescuing them from odious public pension obligations. And their next target is California. [Read more…]