OBAMA AND HIS SAUDIS PAYMASTERS… Did he serve them
well?
Michelle was the next to
attend Harvard, in her case Harvard Law School. “Told by counselors that her
SAT scores and her grades weren’t good enough for an Ivy League school,” writes
Christopher Andersen in Barack and Michelle, “Michelle applied to Princeton and
Harvard anyway.”
GOOGLE
WHAT THE OBOMB DID FOR HIS SAUDIS PAYMASTERS
Barack Obama’s back door,
however, was unique to him. Before prosecutors send some of the dimmer
Hollywood stars to the slammer for their dimness, they might want to ask just
how much influence a Saudi billionaire peddled to get Obama into Harvard.
“Of course, one of the main reasons the nation
is now “divided, resentful and angry” is because race-baiting,
Islamist, class warrior Barack Hussein Obama was president for eight
long years." MATTHEW VADUM
CRONY CAPITALISM
Barack
Obama created more debt for the middle class than any president in US history,
and also had the only huge QE programs: $4.2 Trillion.
OXFAM reported that during
Obama’s terms, 95% of the wealth created went to the top 1% of the world’s wealthy.
GET THIS BOOK!
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special
interests” Barack Obama was supposed to chase from the temple—are profiting
handsomely from Obama’s Big Government policies that crush taxpayers, small
businesses, and consumers. In Obamanomics, investigative reporter
Timothy P. Carney digs up the dirt the mainstream media ignores and the White
House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering
corporate socialism to America, all while claiming he’s battling corporate
America. It’s corporate welfare and regulatory robbery—it’s OBAMANOMICS TO
SERVE THE RICH AND GLOBALIST BILLIONAIRES.
Ivy League Schools Receive Millions in Bailout Cash Despite Huge Endowments
2:41
The institutions that comprise the Ivy League will receive millions of dollars in federal bailouts despite the billions of dollars in their endowments. Harvard University, for example, currently boasts an endowment of $40.9 billion.
According to a report by Campus Reform, Ivy League institutions like Harvard, Yale, and Dartmouth, are set to receive millions of dollars in federal bailouts as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
However, Ivy League institutions are infamous for their large endowments, most of which reach 11-figures. The smallest endowment in the Ivy League belongs to Brown University, which has an endowment of $4.2 billion. Despite this massive endowment, Brown is set to receive $4.8 million in bailout funds.
Harvard University will receive $8.6 million in federal bailout funds despite its endowment of nearly $41 billion. Yale University, which boasts an endowment of $30.3 billion, will receive $6.8 million in bailout funds. Princeton University, which has an endowment of $26.1 billion, will receive $2.4 million in bailout funds. Cornell and Columbia will receive the largest bailouts at $12.8 million each.
Breitbart News reported last week that Harvard University President Lawrence Bacow addressed critics that had called on him to use the university’s endowment to prevent layoffs during the Chinese virus pandemic. Bacow explained that the use of endowment funds is restricted for specific purposes.
“Some of you may be wondering why we can’t just dip into the endowment to support us through these difficult times. We do intend to distribute as much from the endowment as we responsibly can, but there are limitations to the endowment’s capacity,” Bacow wrote in the letter. “Because of the recent declines in the markets, the endowment, while still large, is not as large as it was previously. As it shrinks, it has less capacity to support our existing operations, especially as other shortfalls in revenue sources loom.”
Despite its $40.9 billion endowment, Harvard announced a salary and hiring freeze for all university employees last week. Bacow also announced that layoffs or furloughs are possible if the Chinese virus lockdowns extend into the summer.
Stay tuned to Breitbart News for more updates on this
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