What Atrios said:

The smart bet in this country for decades has been to find new and creative ways to siphon taxpayer money into your pockets. That's what education privatization is about. That's what social security privatization is about.

Now that the legislature has apparently rejected it, charter schools backers are talking about putting an initiative on the ballot, and if they do, there's no doubt that there will be a ton of money behind it. Because there's a ton of money to be made off of taxpayer-funded/privately-operated charter schools.

K-12 is after all the largest chunk of the state general fund budget, and by far. What self-respecting capitalist wouldn't want a piece of that?