Harvard University is one of the richest universities in the U.S. It has an endowment of $40.9 billion. Not niggardly by any means.
Harvard received aid under the recent $2.3 trillion stimulus package. $8.7 million. Coronavirus relief.
The $2.3 trillion stimulus package contained $14 billion for colleges and universities.
Harvard’s endowment is not the only part of Harvard’s high side. The end of its 2019 fiscal year found Harvard with an operating surplus of $298 million.
I do not understand why Harvard needed an $8.7 million stimulus or any stimulus at all.
Washington had its head on backwards with this one. Similar to its screw up with stimulus dollars for small businesses. Few truly small businessmen will receive the dollars. Another stimulus package is required to help them.
Education Secretary Betsy De Vos is not one of my favorite people. However on this Harvard thing she had her head screwed on right. De Vos expressed concern with the Harvard stimulus. She said, “Sending millions to schools with significant endowments is a poor use of taxpayer money.”
Harvard has not announced whether it will accept the $8.7 million.
Think for a moment. What do the protesters in the streets clamoring to reopen America really want? Their desire one they have not considered. They are protesting for the right to catch coronavirus.
They crowd the streets carrying automatic rifles, waving American flags, waving Confederate flags, and signs with swastikas on them. They chant lock up female Governors and fire top infectious disease experts. In one instance, blocked an ambulance en route to a nearby hospital.
Who are these people?
Obviously some have been incited to violence with Trump’s encouragement to “liberate” their States.
Grassroot groups. Many small business owners. A “proud people” who have “cabin fever” and “want their lives back.”
Conservative activists on the streets. Financed by wealthy conservative groups. Being used to bring down the America we love and replace its control with a money society whose sole goal is to make more money.
Trump is not part of that money group. He is not smart enough for them. He is their puppet. Available for their use and one who appeals with his bravado to those protesting.
A sensitive question arises: Who does “tomorrow” belong to? Trump and his followers? Affluent conservative donors? Liberals?
Hard to answer. Liberals the weakest group. After the next election, perhaps not. Trump will go at some point. Superseded by another demagogue. His followers will remain.
At the moment, the affluent conservative donors look like the winners.
Our country is in a war. Not the coronavirus one. The war for the soul of America.
We will defeat coronarirus. Make take another year or two. America will overcome.
Regardless of who is in power, America’s next significant problem will be the economy. The vast endless sums of money the U.S. is printing to defeat the virus. The dollar becomes worth less and less.
A time will come when we will find that a house built on sand cannot stand.
Enjoy your day!