Two observations, the Gates thing was not about race, not ever. It is about a pompous ass. Gates reaction to having the police call at his residence was not the reaction of a “Black man in America” reacting to a potential run in with the cops. No self respecting “black man” I know would react the way Gates reacted to the stimulus of a police man at his door. He is a self important, pompous ass. I hope Harvard insisted on a UA after such a demonstration of stupid.

As for the fate of Harvards endowment funds. It should be considered a jobs program. The guys making the big bucks in growing the fund were turned out, just when the guys (supposedly) with their experience could have make a difference in plotting the fund’s course through troubled waters. That the projected outlay for all the projects and not including operating and tuition, is roughly half of what the fund is now worth is not a bad sign, better to spend that money on the projects while the dollars in hand will cover the costs. Inflation is going to just kick the heck outta those greenbacks. My two cents today, worth the same tomorrow. It will just require more to cover the cost.