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While we're at it, the University of Southern California has a $5,700,000,000 endowment [0], just (literally just in the last few weeks) bought an amazing $8,60

by vosper 7y ago

While we're at it, the University of Southern California has a $5,700,000,000 endowment [0], just (literally just in the last few weeks) bought an amazing $8,600,000 residence for it's president [1], and is receiving [2] $19,278,560 in CARES act funding. I guess with that extra money could have bought a nicer palace... I mean house. [0] https://en.wikipedia.org/wiki/University_of_Southern_California https://en.wikipedia.org/wiki/University_of_Southern_Califor... [1] https://variety.com/2020/dirt/more-dirt/usc-buys-8-6-million-santa-monica-house-to-use-as-presidential-residence-1234569818/ https://variety.com/2020/dirt/more-dirt/usc-buys-8-6-million... [2]

busymom0 7y ago
The stimulus bill is also filled with pork like 25 million for the Kennedy art center, 25 million for congress salary and others.
lippel82 7y ago
I'm sorry, but the article you linked clearly states that they bought a cheaper and smaller residence for their president, and they are in the process of selling the old residence for potentially more than twice the amount. What's your point here?
- vosper 7y ago
  Cheaper and smaller, and still $8m dollars. My point is that $8m is a lot of money to be spending on a house for your president (why is the university even paying for this at all?) especially when you then turn around and take a bunch of taxpayer stimulus money.