1% Solutions: Newark New Jersey
Newark New Jersey Mayor Corey Booker certainly has one of America's toughest jobs. His city has for decades been plagued with all the stereotypical inner city blues: high crime, population decline, urban blight. One would think that Booker, a rising star in the Democratic party, would be lobbying the Obama administration for cash in the form of some sort of new age urban renewal plan. In fact, the liberal Mayor has decided to get in touch with his more conservative side and call on the private sector-non other than the under taxed rich-which even include some of the much maligned "fat cats" from Wall Street. Booker, mining his vast network honed from his days and Stanford and Yale, has attracted more than $250 million to his poverty stricken city from hedge fund managers, entrepreneurs and Hollywood moguls.. Most famously, Facebook Chief Mark Zuckerberg pledged $100 million to help the city's dismal school system which sadly sports a 61% high school graduation rate.