Arkansas Blog

i was in the mortgage business. jim walton called me to come meet with him and his church board. they wanted me to talk about how i was using a kind of non profit housing bond that nobody else had used before and it was very effective for low income housing. i had closed several and was making a very good living using this kind of financing instrument. i drove to bentonville the next day and gave a presentation briefly explaning the outline of what i did. i closed by saying that i charged so much as a consultant fee to do the project and was told by walton "oh we didn't want you to do the project, we wanted you to tell us how to do it and we would save the money and do it our selves." that is what you get when you deal with wealthy benafactors. i probably have told the story before but it bears retelling because they will never change. if they get in on something they will take any state money and they will do things their way. they are too cheap to use their own billions if they don't have to. but then i guess that is one way to make billions, i really don't have the heart to treat people that way. my mother taught me better.

Beyond Zonkers failed business deal ... what on earth is the direct connection between the article cited and the Walton Family Foundation?

Anyone wonder about the last name of the people in the article?

The connection onesandzeros is that the Waltons have been pushing for charter schools for years now. Obviously they will want to control the schools if they fund them, just like the Reichs do. THAT is the issue.

Anyone wonder about the last name of the people in the article?

The connection onesandzeros is that the Waltons have been pushing for charter schools for years now. Obviously they will want to control the schools if they fund them, just like the Reichs do. THAT is the issue.

But what on Earth does it have to do with Zonkers failed business deal?