Berkeley CSUA MOTD:Entry 49954
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2017/11/20 [General] UID:1000 Activity:popular
11/20   

2008/5/15 [Politics/Domestic, Politics/Domestic/Crime] UID:49954 Activity:moderate 66%like:49957
5/15    When will this winfall be taxed?
        http://csua.org/u/ljk
        \_ my brain is hurting from trying to parse this article.
           Harvard == GIANT UNREGULATED HEDGE FUND!!!!!!!!!!
           you know there are real live unregulated giant hedge funds
           out there who do actual shady documented crap, they probably
           don't concern themselves with giving out degrees.
        \_ The fact that this is from Glenn Beck explains it all.
           GO IRAQ WAR IT IS THE RIGHT THING!
           \_ But Glenn Beck apologized for misleading America and being
              a cheerleader for an incompetent and corrupt Administration.
              Right?
        \_ "But while their financial statements may look similar, their
           missions aren't. The Gates Foundation is working to cure malaria,
           develop new tuberculosis vaccines, and stop the spread of AIDS.
           Most of our colleges and universities are only working to spread
           the radical political views of some of their professors."  Oh
           that's right Glen Beck.  Harvard (which he had just been writing
           about a sentance earlier.) just exists to spread radical politics!
           THOSE DAMN FIFTH COLUMNISTS AT HARVARD.  You read this shit and
           take it seriously?  Do you have more braincells than God gave a
           toy poodle?  This dude makes the chewbacca defense seem reasonable.
           chihuahua?  This dude makes the chewbacca defense seem reasonable.
        \_ yeah, whoever posted the url... glen beck is not a noted
           economist.  people pay attention to him.  im not sure why.
           he's not as mean spirited as Rush.  that might be it.
        \_ My favorite quote:
           "You'd be taxing success here," Kevin Casey, Harvard's associate
           vice president for government, community and public affairs
           complained in a quote that will soon be framed and hung in my
           office. "Over time, this would put us at a real competitive
           disadvantage, which would drastically hurt the Commonwealth."
2017/11/20 [General] UID:1000 Activity:popular
11/20   

You may also be interested in these entries...
2013/6/18-8/13 [Reference/Law/Court, Politics/Domestic/Crime] UID:54695 Activity:nil
6/17    Don't mess with Texas:
        http://gawker.com/woman-tells-carjacker-he-picked-wrong-witch-runs-him-513728108
        \_ Kudos.  I just worry that some shameless ambulance-chasing lawyer
           might sue her on behalf of the criminal.
           \_ America has more lawsuits per capita than any other nation.
              Lawyers, rejoice!!!
	...
2013/2/18-3/26 [Politics/Domestic/Election, Politics/Domestic/SIG] UID:54608 Activity:nil
2/18    F U NRA:
        http://preview.tinyurl.com/auazy6g (Sandy Hook Truthers)
        \_ http://preview.tinyurl.com/bqreg8d
           This shit makes me weep for America.
        \_ I didn't see any mention of the NRA on that page.  Did you mean "FU
           Crazy Conspiracy Theorists?"  Or do you have this really great
	...
2012/12/18-2013/1/9 [Politics/Domestic/SIG] UID:54562 Activity:nil
12/18   "NRA member Sen. Manchin says Newtown shooting should open assault
        weapons debate" http://www.csua.org/u/ypo
        '"The massacre of so many innocent children has changed -- has changed
        America. We've never seen this happen,"'  Was this guy in a cave during
        the Columbine High massacre?
        \_ Don't keep your hopes high, though.  It'll just be same-o same-o.
	...
2012/11/8-12/18 [Politics/Domestic/Election, Politics/Domestic/President/Bush] UID:54528 Activity:nil
11/8    Porn Surge Found in States that Helped Erect^H^H^H^H^HElect President
        http://www.csua.org/u/ya5 (http://www.livescience.com
	...
2012/11/28-12/18 [Politics/Domestic/Crime, Academia/UCLA] UID:54539 Activity:nil
11/28   http://www.businessinsider.com/most-dangerous-colleges-in-america-2012-11#3-university-of-california--berkeley-23
        We are #3! We are #3! Go beah!!!
	...
2012/10/30-12/4 [Politics/Domestic/Election] UID:54517 Activity:nil
10/30   "One of Mitt Romney's biggest supporters, New Jersey Gov. Chris
        Christie, had nothing but praise for President Barack Obama today, ..."
        http://www.csua.org/u/y4j (gma.yahoo.com)
	...
2012/11/2-12/4 [Politics/Domestic/Election] UID:54518 Activity:nil
11/2    http://www.csua.org/u/y62 (news.yahoo.com)
        "An email message mistakenly sent to Newt Gingrich's list serve
        this morning told subscribers that President Obama would no
        doubt win in 2012 and that they should be more worried about
        Obama's winning in 2016."
	...
2013/5/28-7/2 [Politics/Foreign/Asia/China] UID:54683 Activity:nil
5/28    WTF??? Even the Defense Contractors can't do cybersecurity right?
        http://preview.tinyurl.com/o6kc3yu
	...
2013/4/18-5/18 [Politics/Domestic/911, Politics/Domestic/SIG] UID:54660 Activity:nil
4/18    "MSNBC Host Blames NRA for 'Slow' Boston Investigation: 'In the
        Business of Helping Bombers Get Away With Their Crimes'"
        http://www.csua.org/u/zwf
        \_ The NRA has a lot to answer for.
        \_ Oh, for fuck's sake.  We don't put taggants in gunpowder because it
           interferes with the proper functioning of a round of ammuntion.
	...
2011/5/27-7/30 [Politics/Domestic/Crime] UID:54121 Activity:nil
5/27    Pharamcist convicted of first-degree murder for shooting at armed
        robberers:
        http://www.csua.org/u/tfk (news.yahoo.com)
        What the f**k!!??
        \_ Shooting the robber and leaving him on the floor unconscious was
           obviously self-defense.  Calmly returning to the store afterwards
	...
2009/5/23-6/1 [Politics/Domestic/California, Politics/Domestic/SocialSecurity] UID:53038 Activity:low
5/23    Public opinion is basically pathological
        http://yglesias.thinkprogress.org/archives/2009/05/everything-is-unpopular.php
        \_ Yeah, voters are stupid.
        \_ I'm disheartened that the most popular program to cut is the
           space program. I think most people assume it gets a lot more
           money than it does. As this article says, its budget is tiny
	...
2009/5/1-6 [Politics/Domestic/Election] UID:52932 Activity:kinda low
5/1     http://tinyurl.com/c83tl4         (link fixed, sorry. forbes)
        Obama administration screws DC school kids. (in his defense, it is
        not clear that he really knows what the Sec. of Edu is doing, that
        he had anything to do with holding up study till after the vote, etc.
        Still, it seems that my hope that Obama may pull an "Only Nixon can
        go to China" on our broken EDU system, is way in vain.
	...
2009/1/28-2/6 [Politics/Domestic/911] UID:52481 Activity:low
1/28    One of the criticisms of the Patriot Act was that it was rammed
        through without any time for legislators to properly review
        it.  Isn't that the same problem with this $800B bill?
        \_ Is this $800B bill hundreds upon hundreds of pages long? It's not
           coming off the heels of a crisis in national defense; rather, it's
           attempting to fix a spiraling economy. Plus it seems that the
	...
Cache (4808 bytes)
csua.org/u/ljk -> www.cnn.com/2008/US/05/14/beck.collegeendowment/index.html
Glenn Beck CNN Decrease font Decrease font Enlarge font Enlarge font Editor's note: "Glenn Beck" is on CNN Headline News nightly at 7 and 9 ET and hosts a conservative national radio talk show. NEW YORK (CNN) -- There is an industry in this country that is making billions in profit while average Americans are struggling to fill up their gas tanks. Glenn Beck Glenn Beck says universities should share the wealth from the tax break on their endowments. It's an industry that made an average profit of nearly 17 percent in 2007 while most Americans could barely keep up with inflation. It's an industry whose members paid a grand total of zero dollars in tax on their endowments last year. Are you ready to call on Congress to investigate or demand that a "windfall" tax be placed on these egregious profits? Well put down the phone because the industry I'm talking about is Higher Education. The top five college and university endowments reported a combined value of over $100 billion at the end of 2007. But while their financial statements may look similar, their missions aren't. The Gates Foundation is working to cure malaria, develop new tuberculosis vaccines, and stop the spread of AIDS. Most of our colleges and universities are only working to spread the radical political views of some of their professors. Let me be clear: I have absolutely no problem with Harvard or any other school having billions in cash. I have no problem with Harvard posting an unbelievable 23 percent rate of return on their money last year. I have no problem with the fact that if you project Harvard's endowment out using their historical rate of return they would have over half a TRILLION dollars in 20 years. I don't even have a problem with Harvard not paying one dime of tax on any of that money. What I do have a problem with -- and it's a big one -- is how Harvard spends that money. Or, maybe it would be more accurate to say how Harvard, doesn't spend that money. Beck's new book: 'An Inconvenient Book' Schools with large endowments (at least $500 million) reported spending an average of 44 percent of their stockpiles in 2007. Meanwhile, those same schools made an average of over 19 percent on their money. But I also have another problem, and that is how these sanctimonious institutions who are so good at complaining about the injustices of our government are nothing but really highly educated hypocrites. For what's been estimated to be about $300 million a year (less than 1 percent of their endowment's value) Harvard could completely waive tuition, room and board for every single one of their students. Instead, they announced an increase in those fees of about 35 percent for next year. Being a student at Harvard will now cost a staggering $47,215 a year. Doesn't Harvard know how many millions of Americans are struggling to afford college? Don't they want to pay their fair share and help those who are less fortunate? Some politicians in Massachusetts who can't stand to see so many billions dangling just out of their reach, have proposed a new tax on large university endowments. They don't have a cute name for it yet, so let's call it an "endowment windfall tax." Under their proposal, all endowments over a billion dollars would be taxed at 25 percent, a rate any wealthy individual or corporation would salivate over. So how did Harvard, which is basically the Exxon-Mobil of higher education (minus the accusations of price-gouging), react to that proposal? "You'd be taxing success here," Kevin Casey, Harvard's associate vice president for government, community and public affairs complained in a quote that will soon be framed and hung in my office. "Over time, this would put us at a real competitive disadvantage, which would drastically hurt the Commonwealth." These politicians aren't trying to hurt you, they're just trying to level the playing field. Greater Shrewsbury Liberal Arts Community Technical College for Women down the road is struggling and here you are making billions. If they could just redistribute some of your profits to GSLACTCFW then everybody would be happy. Does anyone else find it ironic that universities overflowing with liberal professors (a 2005 study revealed that 72 percent of professors view themselves that way) embrace conservative values only when it suits them? As a conservative, I don't believe in taxing anyone just because they have a lot of money or are an easy target. That applies to individuals, businesses and universities. I believe that taxing success discourages success, and that's not what America stands for. But I also believe in something else: consistency and accountability. And that's where most of our colleges and universities fail miserably. The opinions expressed in this commentary are solely those of the writer.