This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Alabama Education Budget Prevents Future Misappropriation Of Funds From Reading/Math Initiatives To Common Core

TUSCALOOSA, Ala., April 11, 2013 /PRNewswire-USNewswire/ --  The Alabama House amended the education budget Wednesday to prevent the Superintendent of Education from diverting millions of additional dollars from the Alabama Reading and Math Initiatives to implement Common Core.  This was in response to investigations by conservative grassroots groups that revealed Alabama State Superintendent Dr. Tommy Bice had diverted over fifty million dollars from these two initiatives to pay for Common Core.

Elois Zeanah, president of the Alabama Federation of Republican Women, stated, "If Dr. Bice had been in private industry, he would have been fired for diverting millions of dollars to his pet project!  These are tax dollars of hard-working Alabamians and should be treated no differently by legislators than how CEOs treat dollars from private investors or for-profit companies." 

Zeanah continued, "We are excited about the amendment that was passed to prevent future misappropriations.  Our children have lost at least one year of the reading instruction that had made Alabama number one in reading gains in the nation and decreased the reading gap between black and white students by four points since 2003.  This unauthorized diversion should anger everyone."

Sharon Sewell, a retired teacher and director of Alabamians for Excellence in Education stated:  "The state board of education seems to think they can do whatever they want without transparency and accountability to parents, teachers, taxpayers, the legislature, or even the governor.  That is my view.  It is very important that parents understand what Common Core is, where it came from, where it is going, and how it will impact their children's lives."

Conservative advocates say Common Core is "one-size-fits-all" national standards and if legislators don't repeal Common Core, they will voluntarily give away Alabama's education freedom under the Tenth Amendment to bureaucrats in Washington, D.C. who care more about power and money than about children and education. 

Sewell who taught school for 32 years added, "Common Core is not a reform as we have known in the past.  It is a total transformation of schools.  The federal government has our healthcare.  They're trying to get our guns.  Now they want our children, too!"

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs