January 29, 2015

Obama Must Want Harvard University To "Spread Its Wealth"




[From article]
The president undoubtedly Tweeted Harvard’s Dean of Donations this week to remind him that “at a certain point you’ve made enough money,” and that, while he doesn’t want to punish Harvard’s success, “when you spread the wealth around it’s good for everybody.”
[. . .]
It was, after all, a $37.5 billion record year for giving to America’s 4,800 colleges and universities, but $6.75 billion of that went to just 10 schools. In other words, the top two-tenths of one percent got 18 percent of the money.
You may ask why Barack Obama, of all of the Harvard grads, should be the one to alert the guardians of this Ivy League bastion to their opportunity to address historical inequality?
As a millionaire, living in a palace, with servants meeting his every need, security watching his every step, becking and calling limousines and luxury aircraft, vacationing in posh resorts, and golfing his days away — Barack Obama clearly has the prestige, and the leisure time, to petition the captains of Cambridge, Mass., to redress this lingering injustice.
However, you may contend, the donors to Harvard did not intend their wealth to be spread around so liberally.
Yes, but what is Harvard, if not an educational institution? Should that education stop after a few years of undergraduate work, a master’s or a doctorate? No, I say, let the learning continue for a lifetime, as Harvard teaches its wealthy capitalist alumni the vanity of greed and the surpassing value of selfless giving.
May Obama’s elite friends in academia experience the full blessing of his legacy of leveling.
http://pjmedia.com/tatler/2015/01/28/obama-calls-on-harvard-alma-mater-to-spread-around-1-5-billion-in-2014-donations-it-received/

Obama Calls On Harvard Alma Mater to ‘Spread Around’ $1.5 Billion in 2014 Donations It Received
January 28, 2015 - 7:59 am
Scott Ott

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