In other words, Harvard doesn`t need any more money. But, it will keep getting more money, because everybody loves a winner.
Donors should realize that they get a bigger bang for their buck by donating to think tanks — literally, in the case of the American Enterprise Institute, which was the epicenter of the Iraq Attaq whooping, and is trying to be the same thing for Bomb Bomb Iran.
Here`s an excerpt from the American Enterprise Institute`s press release on the retirement of their head, Christopher DeMuth:
"AEI grew from a budget of $7.7 million in 1987 to $23.6 million in 2006. AEI has operated at a surplus of revenues over expenses throughout his tenure, with an average annual surplus of more than $1 million. The Institute was $9 million in debt when Mr. DeMuth arrived; today its net asset balance is $76 million, with additional outstanding financial pledges exceeding $60 million."So, $76 million is just a little over 1/2000th of Harvard`s $35 billion. Now Harvard has lots of things that AEI doesn`t have, but, let me ask you this: Does it have its own war?