A valuable initiative by the President … funded by the horrible 1%


As reported by the Wall Street Journal:

President Barack Obama is launching a public-private program Thursday to provide economic and educational opportunities to disadvantaged black and Latino youth, an initiative that includes a $200 million commitment from foundations and the buy-in of several business leaders and public officials.

Philanthropies have agreed to invest $200 million over the next five years, the White House said. Those involved include the Annie E. Casey Foundation, the Atlantic Philanthropies, Bloomberg Philanthropies, the California Endowment, the Ford Foundation, the John and James L. Knight Foundation, the Open Society Foundations, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation and the Kapor Center for Social Impact.

I guess you can call this giving a fair share.

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