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It’s idiotic. It’s just another example of playing the “trump is a dictator” string when the merits of the argument are zero.
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Sic transit gloria mundi (so shut up and get back to work)The sad part about all this is that she’s not an american, but she is caught up in American woke culture.
when you suppress speech that is actually intended to support the cause of equality, you only embitter the allies you say you want.
there is not doubt that by removing an evaluation of intent or lack thereof from the equation, you give an excessive amount of judgmental power to the audience. But the critical issue is the judgment isn’t applied equally. Look at the amount of grace given to desean Jackson this week while he put out the most ignorant anti-semitism. Woke progressives jump to his defense and essentially say he didn’t intend offense and imply that he was just ignorant.
people will see through it as it gets more intense.
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Sic transit gloria mundi (so shut up and get back to work)P-12 now on conference games only. If that.
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Sic transit gloria mundi (so shut up and get back to work)I will probably vote democrat if two justices are confirmed before the next administration.
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Sic transit gloria mundi (so shut up and get back to work)[quote quote=1217]The AD doesn’t get money from the U historically, I think it is borrowing some now. AD has the DAPER Fund, which is endowed, and heavily invested in Silicon Valley, used historically more for capital projects, but it is being tapped. The entire campus, every department was asked to make 10%ish cuts. This was the AD’s “cut” so far. We all know if there is not football in the fall then the AD budget deficit climbs much higher. Muir, Shaw, Haas, VanDeVeer all voluntarily taking 10% pay cuts right now…I don’t know how much money that actually saves and I think it looks like pissing in a bucket…20% would have looked good. But I think the Flames Will Go Higher on this across the country. Especially if the golden goose doesn’t play this Fall.[/quote]
Better forest after the forest fire, but it sure hurts.
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Sic transit gloria mundi (so shut up and get back to work)Without sex, is it really the NBA?
– signed: Wilt Chamberlain
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Sic transit gloria mundi (so shut up and get back to work)His handle is Mick. He posted an intro on the intros forum a few days ago. You can probably pm him.
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Sic transit gloria mundi (so shut up and get back to work)Yeah he’s here.
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Sic transit gloria mundi (so shut up and get back to work)[quote quote=1200]Can’t you borrow using the endowment as collateral? Money is cheap …… Do you really think Stanford is netting 4.5%?[/quote]
I assume you mean stanford is netting more return on the endowment. I agree (and am pretty sure you can look up the actual returns). I used 4.5% as a logical real return on a diversified portfolio over the long term. A politically connected portfolio like Stanford’s probably earns 7+ percent real. I think GR or someone else has posted on this previously.
If you think they are earning less than 4.5%, and I suspect you don’t, then we agree they should fire the manager. 😉
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Sic transit gloria mundi (so shut up and get back to work)[quote quote=1195]Yes, but how much of the 27.7 billion is corpus?[/quote]
My comment was, of course, cynical and tongue in cheek at the same time. My candid answer is “who cares?” You know why? Nobody who controls them actually thinks you should spend an endowment. If there ever was a time to spend a chunk of the endowment, it’s now. And, it ain’t happening. When they say the endowment is targeted to other things, they only mean the income on it. They aren’t even considering the capital base, which has only grown over time.
I got to listen to the leader of the Ford foundation, who took the reins and actually suggested spending some of the endowment. Boy was that an uphill fight.
While I am not particularly bothered by the reduction in varsity sports, especially those that are essentially reserved for children of wealth, I do think to do it because we are somehow “poor” is just dumb. Next thing you know we’ll find out that Stanford was taking PPP loans.
Oh, and another thing: The $8 million per year that these moves save represents about 2 calendar days of endowment income on $27.7 billion at 4.5% rate. It’s chump change for the university but of course we have an artificial wall between the athletic department and the overall school except when you want to only give to the athletic department.
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Sic transit gloria mundi (so shut up and get back to work)The cardinal sin: spending an endowment corpus.
Cutting the sports is an interesting philosophical move, but not a shocking practical one. How about the fact that there was $8 million in net spending on these small sports.
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Sic transit gloria mundi (so shut up and get back to work)Mine:
Using items made in China by CCP slave labor (that picture of you with an iphone? makes you complicit).
Hunting of any kind.
Fluffy toilet paper
Disposable plastics
Sugary drinks
Having more than two kids
Actually driving a car (without automatic driving, it will look as irresponsible as diving off a cliff to people in the future)
Stacks of paper in my office
Pollution of water supplies with pharmaceutical chemicals
Any use of natural animal products (leather, animal fats, etc.)
Over-using antibiotics
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Sic transit gloria mundi (so shut up and get back to work)Football is a 10 year question, not a 150 year one.
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Sic transit gloria mundi (so shut up and get back to work)[quote quote=1181]I hope you buy the niece’s book. What an exemplary human being is Trump. I had a curious thought this morning. Perhaps a taste of true socialism is what the USA needs. But it will be a slow process and old guys will just fade away before it is here. The kids think they want it so let them deal with it.[/quote]
I don’t want socialism until I’m no longer a net tax payer. Then? Socialism is fine.
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Sic transit gloria mundi (so shut up and get back to work)
