Tag Archives: politics

Reviewing Harvard’s Federal Funding

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The Trump administration has begun reviewing Harvard University’s $9 billion in Federal funding. The question I have is how badly does Harvard need any Federal funding?

Harvard’s endowment is some $53.2 billion as of last year, and the school got a 9.6% return on its endowment’s investments last year. That allowed its endowment to grow by nearly 5% year-on-year despite disbursements from the endowment.

Harvard claims $6.4 million in annual operating expenses as of last year, and it spent $749 million in scholarships and its own grants for its students.

With all of that, I ask again, how badly does Harvard need Federal funding? The school’s endowment doesn’t seem to be doing much more than collecting dust, investment returns, and net growth, while the school collects billions of average citizens’ tax money for its programs. Given that, why should citizens of Iowa, or Montana, or Utah—or New York, or Illinois, or California—pay for Massachusetts-domiciled Harvard’s spending decisions?

My answer: Harvard has little to no need for taxpayer monies.

That Includes You, Mr Newsom

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California’s Progressive-Democrat Governor Gavin Newsom claims to be worried that Party is too judgmental and toxic and that We talk down to people. We talk past people.

Then he said this:

I mean, this idea that we can’t even have a conversation with the other side…or the notion we just have to continue to talk to ourselves or win the same damn echo chamber, these guys are crushing us[.]

These guys are crushing us. Not, “We need to converse/debate/argue/talk with folks about ideas that we think help all Americans.” It’s “We need to do better at beating the other side so we can win.”

Party will remain toxic to the American idea as long as its goal is wholly independent of working toward the national weal and wholly focused instead on doing down the other side.

Golden Dome

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William Forstchen, historian, author, and reputed EMP expert, wants us to build President Donald Trump’s (R) golden dome, an evolution of former President Ronald Reagan’s Strategic Defense Initiative which was designed to destroy incoming ICBMs before they could reach their detonation locations in an attack on the United States. He’s right, but his emphasis is too narrow. His concern:

We have to defend the United States against an EMP attack, which could destroy us in a matter of minutes.

He cited studies, as summarized by Fox News, some statistics:

Congressional reports from 2002 and 2008, said that 80%-90% of Americans would be dead a year later if an EMP strike happened.

That would result from energy and water distribution network failure, power failure, financial system failure, transportation failure, and the resulting lack of food in the cities and the lack of water in urban areas from small to large.

The problem that’s not being addressed, though, is that an EMP does not need a nuclear detonation to generate it. Small EMP devices can be built relatively easily, and our destruction can be achieved with a collection of these small devices being used to destroy our financial and communications data centers, nodes in our energy distribution networks, nodes in our water distribution networks, nodes in our mass transportation and shipping centers.

All of these would aggregate to a nuclear EMP in their end result, and these smaller devices are much harder to detect. The several Departments in our Federal government and the several private companies in our tech industry need to get seriously involved, both in partnership with each other and separately, in figuring out how to detect and neutralize these devices, also.

A Cost of the Left’s Obstructionism

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This one is our national debt and the interest due on it.

• the average interest rate on debt will exceed the economic growth rate by 2045, sparking the beginning of a debt spiral
• Federal debt held by the public will rise from 100% of GDP in FY2025 to 156% of GDP by 2055
• annual deficits will grow from 6.2% of GDP in 2025 to 7.3% of GDP by 2055

The obstructionism of the Left and their Progressive-Democratic Party isn’t even centered on principle, only on anti-Trumpism and anti-Republicanism and anti-Conservatism.

Potentiating the economic disaster that our debt and associated interest payments portend, those things would accumulate into the loss of the US dollar as the world’s reserve currency. That, in turn, would feed back negatively into our economy, forcing it onto the vagaries of foreign currencies and currency exchange rates.

This is why the DOGE-led spending cuts must be enacted into law by Congress. This is what the Left’s and their Progressive-Democratic Party’s obstructionism will cost us.

An Activist Judge’s Pseudo-Concurrence

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The 4th Circuit overruled a District Court judge’s injunction barring the Trump administration from shutting down USAID and allowed the closure to go forward (and the SecState Marco Rubio promptly announced the closure and elimination of USAID effective 1 July).

What interests me, though, is what Circuit Judge Roger Gregory wrote in his “concurrence.” He opened insisting that President Donald Trump (R) had

We may never know how many lives will be lost or cut short by the Defendants’ decision to abruptly cancel billions of dollars in congressionally appropriated foreign aid. We may never know the lasting effect of Defendants’ actions on our national aspirations and goals.
But those are not the questions before the Court today. The question before us is whether Defendants have satisfied their burden for a stay of the district courts injunction pending their appeal to this Court[.]
…
I do, therefore, think that the Executive branch has unconstitutionally invaded the role of the Legislature, upsetting the separation of powers.

Those aren’t the questions before this court, so we have no business addressing them here. But I’m gonna go ahead and do that, anyway, because I gotta have my hype and manufactured hysteria on the record.

Then he closed with this, to give effect to his hype [citations omitted]:

…the Executive has taken many likely unconstitutional actions that, collectively, dismantled an agency, rather than just a single action, does not mean the court cannot render those actions invalid. The sheer number of illegal actions taken necessitates relief that consists of “vast and detailed actions,” to adequately redress the harms caused by the illegal shutdown of a government agency. Rather than “micromanag[ing]” the Executive, the [District] Court was simply attempting to remedy each of the likely illegal actions.
The judiciary is limited to the cases and controversies before it. These Plaintiffs, suing these Defendants, cannot obtain the relief that they seek.

This is the activist judge instructing the plaintiffs in the course of action through which to pursue their own obstruction. This is an activist judge prejudging a future case, and thereby violating his oath of office. This is a judge who insults our judicial system by his presence in it.

The 4th Circuit’s ruling can be read here.