Back to the President's campaign speech in July 2008 to the AFT convention. At this point Bill Gates was playing pretty coy with the President's campaign. Candidate Obama already had strong ties to DFER, having worked with DFER as a state senator and US senator. His close circle of friends, the friends who had provided him with the cash to make it through the primaries, all supported charter schools. John Rogers created created the Ariel Academy and the Ariel Foundation. Marty Nesbitt and Penny Pritzker were breaking into the business of creating charter schools: the Noble Charter chain. Mr. Nesbitt, Diana Mendley Rauner (developer Bruce Rauner's wife), Rahm Emanuel, and Valerie Jarrett had close ties with the Chicago Housing Authority. Mr. Nesbitt was the CHA Board Chairman and worked to implement a Federally subsidized plan (Hope VI) in the Plan for Transformation that demolished public housing units and created public-private partnerships for mixed income development on the west and "mid-south" sides.
At the same time, the Commercial Club of Chicago hatched the Renaissance 2010 plan that sought to close 60 public schools in these mixed income developments and replace them with a mix of 100 public and private charter schools. The push for the Olympic bid for 2016 was intended to speed up south side gentrification to create a developer's profit bonanza. Brand new "streamlined" charter schools would attract upper middle class buyers into mixed-income neighborhoods. (Pauline Lipman, The New Political Economy of Urban Education, 74-99)
DFER of course is a hedge fund crook organization designed to steal from taxpayers while misappropriating the name "Democrats."
I don't hold my breath things will change in 2016.