#tregret

[jakee 1,553]

8 minutes ago, SCS422 said:

Which law?  staying it's a "blatant violation" and then not quoting statutes is meaningless. and  notice he quotes the Trump administration not the president and this is only ONE firing 
 

So if Trump doesn't personally sign the pink slip it's nothing to do with him?

Don't be that guy.

[normiss 833]

36 minutes ago, SCS422 said:

If your calling me lazy and dishonest then F--k you, I haven't personally attacked anybody here for their political beliefs and take serious umbrage at your bull shit answer

Well bless your little heart.

Yes, having a fit over the lack of the wording you seek without putting forth ANY effort to find the answer......that's...ummmm....yeah....LAZY.

That, unlike FUCK you, is not a PA.

Get over yourself.

[SCS422 30]

30 minutes ago, normiss said:

Well bless your little heart.

Yes, having a fit over the lack of the wording you seek without putting forth ANY effort to find the answer......that's...ummmm....yeah....LAZY.

That, unlike FUCK you, is not a PA.

Get over yourself.

Typical moronic reply from a half-wit

[JoeWeber 2,790]

1 hour ago, JerryBaumchen said:

Hi 422,

Re:  Which law?

You continue to ask these types of things.  It reminds me of the little kid who won't stop  asking, 'Why?'

Jerry Baumchen

 

It's because he is completely out of his depth in this forum, plain and simple. 

[normiss 833]

14 minutes ago, SCS422 said:

Typical moronic reply from a half-wit

 Coming from a guy who cannot find current major news, that's fucking hilarious.

[JoeWeber 2,790]

1 hour ago, normiss said:

 Coming from a guy who cannot find current major news, that's fucking hilarious.

Could be his Commodore computer doesn't have search and he's reduced to sorting through old newspaper clippings and Parachutist Magazines.

[JerryBaumchen 1,415]

Hi folks,

More than one way to strike back:  I’m getting Nazi salutes from Subarus

 Tesla drivers targeted by anti-Elon Musk sentiment | CNN Business

Jerry Baumchen

[kallend 2,093]

8 hours ago, normiss said:

Not really. He's STILL a felon, he's STILL a rapist, and he's STILL lying.

And still a con-man, still a 6 time bankrupt, still a guy who stole from his own foundation, still a guy fined some $400 Million in three separate fraud cases. 

[JoeWeber 2,790]

58 minutes ago, kallend said:

And still a con-man, still a 6 time bankrupt, still a guy who stole from his own foundation, still a guy fined some $400 Million in three separate fraud cases. 

John, you know the university ropes, for sure. Here's my issue: Trump is, over bogus stuff which is his thing, cutting $400M in Grants, Funding etc. to Columbia University. Of course, he's an ass for doing it for the obvious reasons. Columbia is cancelling this and that now to show all of the pain it causes. But, Columbia has a $14.8 Billion Dollar endowment. CD interest would make up more than the $400 Million. Please tell me why, for at least for some years, Columbia couldn't just absorb it?

[billvon 3,049]

7 minutes ago, JoeWeber said:

John, you know the university ropes, for sure. Here's my issue: Trump is, over bogus stuff which is his thing, cutting $400M in Grants, Funding etc. to Columbia University. Of course, he's an ass for doing it for the obvious reasons. Columbia is cancelling this and that now to show all of the pain it causes. But, Columbia has a $14.8 Billion Dollar endowment. CD interest would make up more than the $400 Million.

?? Surely you don't think that they are currently discarding that interest?

They are cutting expenses so that their income (including interest, grants, funding, tuition) can cover their expenses.  Keep in mind that if you want to keep an endowment you have to grow it at least at the rate of inflation - and that is about to skyrocket.

[JoeWeber 2,790]

2 minutes ago, billvon said:

?? Surely you don't think that they are currently discarding that interest?

They are cutting expenses so that their income (including interest, grants, funding, tuition) can cover their expenses.  Keep in mind that if you want to keep an endowment you have to grow it at least at the rate of inflation - and that is about to skyrocket.

But if'n you got the money, honey you have the spending advantage. Otherwise it's not an endowment it's golden handcuffs.

[kallend 2,093]

6 hours ago, JoeWeber said:

John, you know the university ropes, for sure. Here's my issue: Trump is, over bogus stuff which is his thing, cutting $400M in Grants, Funding etc. to Columbia University. Of course, he's an ass for doing it for the obvious reasons. Columbia is cancelling this and that now to show all of the pain it causes. But, Columbia has a $14.8 Billion Dollar endowment. CD interest would make up more than the $400 Million. Please tell me why, for at least for some years, Columbia couldn't just absorb it?

Why do billionaires need a tax cut?

[JoeWeber 2,790]

4 hours ago, kallend said:

Why do billionaires need a tax cut?

They don’t. My ignored question was why can’t a billionaire college ride out a few years without harming this year’s students and diminishing important programs?

[kallend 2,093]

29 minutes ago, JoeWeber said:

They don’t. My ignored question was why can’t a billionaire college ride out a few years without harming this year’s students and diminishing important programs?

i am not privy to the details of the Columbia budget, but I imagine if it's like ours, most of the endowment is tied up for very specific purposes and not available to fill an unbudgeted  big hole in operations. 

 

Donors like to give money for buildings, new labs, named professorships, etc. but hardly anyone gives money for maintenance or day-to-day operations.

Edited March 8 by kallend

[JoeWeber 2,790]

4 minutes ago, kallend said:

i am not privy to the details of the Columbia budget, but I imagine if it's like ours, most of the endowment is tied up for very specific purposes and not available to fill an unbudgeted  big hole in operations. 

Thank you but it seems to me that if Columbia's plan, or any institution with that level of endowment, requires an annual infusion of cash equal to 3% of reserves to operate without drastic cuts and changes they really ought to restaff their economics department.

[billvon 3,049]

11 hours ago, JoeWeber said:

But if'n you got the money, honey you have the spending advantage.

Yep.  And if you want to KEEP the money, you stick to the long term plan that the Board agreed to.

[wmw999 2,507]

I have a feeling that Columbia needs all that money for the same reason that the US needs all that staffing, and nearly everyone in American thinks they need all the money they have/earn. Because they're used to it, they operate that way, and changing is hard and potentially destructive.

Just sayin'

Wendy P.

[kallend 2,093]

11 minutes ago, wmw999 said:

I have a feeling that Columbia needs all that money for the same reason that the US needs all that staffing, and nearly everyone in American thinks they need all the money they have/earn. Because they're used to it, they operate that way, and changing is hard and potentially destructive.

Just sayin'

Wendy P.

For a university, changing the use of endowment is very difficult indeed.  No-one donates money to the "unrestricted" fund.

[JoeWeber 2,790]

18 minutes ago, billvon said:

Yep.  And if you want to KEEP the money, you stick to the long term plan that the Board agreed to.

Unless shit happens.

[JoeWeber 2,790]

2 minutes ago, kallend said:

For a university, changing the use of endowment is very difficult indeed.  No-one donates money to the "unrestricted" fund.

19% of Columbia's endowment is unrestricted, apparently. https://endowment.giving.columbia.edu/endowment-performance-and-management/

 

[BIGUN 1,366]

16 hours ago, billvon said:

rate of inflation - and that is about to skyrocket.

IMO: We're going to see stagflation.

[JoeWeber 2,790]

1 hour ago, BIGUN said:

IMO: We're going to see stagflation.

Fine by me as long as Powell pulls a Volcker and hikes rates aggressively. Of course the US economy might fall into recession as it did then but oh, well.

[BIGUN 1,366]

21 minutes ago, JoeWeber said:

Powell pulls a Volcker

Showing your age, man :)

[gowlerk 2,236]

2 hours ago, BIGUN said:

IMO: We're going to see stagflation.

That's what I've been thinking as well.

[billvon 3,049]

Amy Coney Barrett is feeling the #tregret after Trump supporters started attacking her on social media for her decision to not freeze USAID funding, which Trump tried to do unconstitutionally last week.

Mike Cernovich: “She is evil, chosen solely because she checked identity politics boxes. Another DEI hire. It always ends badly."

Fox News host Mark Levin said she “deceived people into thinking she was a reliable constitutionalist.  The power has gone to her head. It happens with frightening regularity the last half-century.”

Laura Loomer: “Amy Coney Barrett was a DEI appointee.” 

Jack Posobiec said she was a “DEI judge”.

Mike Davis: "She’s a rattled law professor with her head up her ass."

What woke liberal loser appointed her, anyway?