Teachers Unions Blow $100 million On Midterm Elections! Now Want To Demonize Banks For Lending Them The Money!!

◼ PRIORITIES: Union boss, who's raked in hundreds of thousands of dollars in salary and benefits and blew dues money on Democrats' campaigns, complains about loans while a parent demands "ethnic studies" classes because why not? - Daily Caller

A heavily union-funded organization called The Alliance to Reform Our Schools has mounted a campaign to vilify financial institutions that have lent money to public school districts and local governments around the country.

The American Federation of Teachers is using the term “toxic deals” to describe transactions involving school districts that received huge sums of money in exchange for promises to repay that money with interest and fees.

“These deals are robbing schools and kids of desperately needed resources at a time when budgets have been cut to the bone and our schools are already being asked to do more with less,” AFT president Randi Weingarten proclaimed in a press release the union sent to The Daily Caller.

Possibly unaware that creditors and debtors have a vested interest in painstakingly recording the terms of large financial arrangements, Weingarten demanded “basic transparency and accountability” from creditors and from school officials.

“Putting this money back into the classroom could mean more teachers, nurses and social workers; restoring art and music; creating community schools; and wrapping services for kids and families around schools,” Weingarten lectured.

The AFT is blaming unnamed financial institutions for the truly terrible bets made by school district officials in a host of cities including Los Angeles, Chicago, Detroit and Philadelphia (which faces a $161 million loss)....

This latest AFT gambit comes after the union wasted millions of dollars on losing Democratic candidates in this month’s midterm elections....

Union leaders are now doing what teachers unions do very best: They are planning marches that will occur during the taxpayer-funded school day.

A ”day of action” is scheduled for Nov. 20 in at least 15 cities. Union leaders expect thousands of demonstrators to show up nationwide. The assembled participants will rally against Wall Street financiers. Union supporters will also rally against charter schools that compete with public schools. And, of course, they’ll call for more tax money to be lavished on union-supported objectives.