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Harvard Law ends its ban on military - Emotional letter cites loss of funding
Boston Globe ^ | August 27, 2002 | Marcella Bombardieri

Posted on 08/27/2002 2:24:26 AM PDT by Cincinatus' Wife

Edited on 04/13/2004 2:08:10 AM PDT by Jim Robinson. [history]

Harvard Law School has lifted its longstanding ban on military recruiting on its campus, saying that it had ''no reasonable alternative'' in the face of the Department of Defense's stepped-up enforcement of a six-year-old law.

The law school's ban, a protest of the military's policy against gays serving openly in the armed forces, risked costing Harvard University an annual $328 million in federal funding, according to law school Dean Robert C. Clark.


(Excerpt) Read more at boston.com ...


TOPICS: Culture/Society; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: dontask; donttell; harvard
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To: Movemout
Hmmmm, a six year old law. I wonder who signed that legislation?

I harbor many doubts that a Gore administration would enforce this law in the same fashion.

21 posted on 08/27/2002 3:40:00 AM PDT by Night Hides Not
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To: Cincinatus' Wife
The law school's ban, a protest of the military's policy against gays serving openly in the armed forces, risked costing Harvard University an annual $328 million in federal funding, according to law school Dean Robert C. Clark.

Liberals. They stand on principles as long as their penises, which is not much.

22 posted on 08/27/2002 3:43:19 AM PDT by lavaroise
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To: Cincinatus' Wife
" But he also wrote, ''A society that discriminates on the basis of sexual orientation - or that tolerates discrimination by its members - is not a just society.'' "

Hmmm, so society's basis is sexual orientation. That means he must favor beastiality also as he definitely is an ass. Amazing how quickly the socialist's decisions change when their heroin fix of government money is cut off.
23 posted on 08/27/2002 3:47:20 AM PDT by Nuke'm Glowing
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To: logos
Now, if they would just cut off funding for any law school that turns out lawyers...

LOL, good one!
24 posted on 08/27/2002 4:01:50 AM PDT by pt17
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To: Cincinatus' Wife
Lemme get this straight. Harvard is willing to be patriotic, if it is substantially bribed to do so. Or, to put it another way, Harvard cannot be convinced, but it can be bought.

Did I miss anything?

What a putzhead.

Congressman Billybob

Click for latest column: "Memo to CBS about Bill Clinton."

Click for latest book: "to Restore Trust in America"

25 posted on 08/27/2002 4:18:20 AM PDT by Congressman Billybob
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To: Cincinatus' Wife
''A society that discriminates on the basis of sexual orientation - or that tolerates discrimination by its members - is not a just society.''

I wonder if Clarke would agree with this corollary: ''A society that discriminates on the basis of political orientation - or that tolerates discrimination by its members - is not a just society.''

26 posted on 08/27/2002 4:22:59 AM PDT by bimbo
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To: kcvl
Matthew S. DelNero is a Litigation Technical Support Specialist at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. in Boston, Massachusetts. At Mintz Levin, Matthew is focused on improvements to the Litigation Section’s internal research capabilities. As part of that process, he has worked extensively with DOCS Open. Matthew graduated summa cum laude from Tufts University in 1998. As a Junior at the university, he was elected a member of the Phi Beta Kappa society. Matthew begins his legal studies at Harvard Law School in September, 1999.

Now, if he can construct a few intelligent sentences in English, Mathew S. DelNero can post them here on FR, and join the debate!

27 posted on 08/27/2002 4:36:34 AM PDT by bimbo
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To: All
Oh, that's nothing, let's look at Harvard University's endowment - $18.3 billion

Five-year performance remained strong. Harvard's endowment has averaged a 16.9 percent return and outperformed the median institutional fund - as measured by the Trust Universe Comparison Service - by 5.9 percent. That 16.9 percent return over five years translates to $10.5 billion in endowment income over that time.

------------------------

Harvard endowment beats benchmarks, value declines

By Alvin Powell
Gazette Staff

Harvard University's endowment beat investment benchmarks in eight of 11 asset classes in the fiscal year ending June 30, 2001, but saw its overall value fall amid broader market declines.

Investment returns fell 2.7 percent for the year, while the endowment's overall value fell to $18.3 billion. Also contributing to the endowment's decline was the annual payout of endowment funds for University programs. At June 30, 2000, the endowment's overall value was $19.1 billion.

Five-year performance remained strong. Harvard's endowment has averaged a 16.9 percent return and outperformed the median institutional fund - as measured by the Trust Universe Comparison Service - by 5.9 percent. That 16.9 percent return over five years translates to $10.5 billion in endowment income over that time.

Harvard Management Company President and Chief Executive Officer Jack Meyer said fiscal 2001's returns show the importance of taking a long view on endowment investments, which are intended to provide stability for University finances over a long period of time.

"Returns over the past 10 years have been sufficiently strong to provide a cushion against an extended rainy day," Meyer said in his annual "John Harvard" letter to University officials detailing endowment performance. "We remain confident in the ultimate resilience of both our economy and our financial markets."

In 2001, the endowment continued its recent trend of outperforming performance benchmarks. While returns on the endowment were negative 2.7 percent, this compares favorably with the overall benchmark, the Policy Portfolio, which fell 9.8 percent. The 2.7 percent drop also compares favorably to the median institutional fund, which fell 5.7 percent, as measured by the Trust Universe Comparison Service.

"Strong relative performance saved the day," Meyer said. "If we had not outperformed the benchmark by 7 percentage points, it would have been a deeply disappointing year."

As in the broader market, funds invested in equities declined during the year, while investments in bonds, real estate, and commodities buoyed the year's results. Asset classes that rose in fiscal 2001 include domestic bonds, up 19.1 percent; foreign bonds, up 13.2 percent; inflation-indexed bonds, up 13.3 percent; and real estate, which rose 10.2 percent.

This is the first year since fiscal 1991 that the endowment's overall value declined and the first time since 1984 that endowment investments have lost money. Factors other than investment earnings affect the endowment's value, such as new contributions and payout for University programs.

Harvard's endowment is the result of gifts to the University over time as well as investment income from those gifts.

Endowment income provides critical long-term financial stability for Harvard's academic programs. Historically, between 4 percent and 5 percent of the endowment is spent annually on Harvard programs. Endowment income made up about $615 million of Harvard's roughly $2 billion operating budget in FY01. That money provides for the specific activities that donors have endowed over time including financial aid, faculty salaries, and facilities maintenance.

Among other things, endowment income supports Harvard's generous student financial aid programs, which permit the University to admit qualified students regardless of their ability to pay.

The endowment is not a single fund, but more than 8,600 individual funds, many of them restricted to specific uses - such as support of a research center or the creation of a professorship in a specific subject. The funds are invested by the Harvard Management Company (HMC), established in 1974 to oversee the University's endowment, its pension and trust funds, and other investments.

Each school within the University uses a combination of income from investments, gifts from fundraising efforts, and tuition to cover the cost of educating students. Tuition from Harvard College, for instance, covers only about two-thirds of the total cost of a Harvard education. Harvard's reliance on support from its endowment has increased in recent years. Ten years ago, the endowment provided 17 percent of Harvard's operating budget. Today that figure is about 30 percent.

28 posted on 08/27/2002 4:38:05 AM PDT by Lockbox
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To: Cincinatus' Wife
I think they should ban giving Liberal schools like Harverd any of our Tax money. It is absurd that we are now giving the 328 million. We are in effect paying to expand their Liberal base.
29 posted on 08/27/2002 5:22:53 AM PDT by Texbob
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To: Cincinatus' Wife
"Money changes everything" - Cyndi Lauper.
30 posted on 08/27/2002 5:25:41 AM PDT by Jimmy Valentine
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To: Lockbox

The New Harvard motto...
31 posted on 08/27/2002 5:36:45 AM PDT by kcvl
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To: WaterDragon
"universities really are the dregs for exploiting us for our money while expressing such utter contempt for us."

SO TRUE! I have three in college and you are RIGHT. Fortunatly my kids are VERY ultra conservative, and when my daughter who is 19 uses the word Liberal, she preceeds it with the word Damn! Damn Liberal! I love hearing her say that! She works her ass off in college, and she worked her ass off to get to college. I have explained to her that there are people who don't bother to even finish high school, yet they demand welfare money to live on, free everything -- while she will be working to get what she needs -- she will be paying for their lifestyle too. She resents liberals!

32 posted on 08/27/2002 5:37:06 AM PDT by buffyt
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To: Lockbox
$328 million is an enormous amount of money for a law school, much less one of the wealthiest schools in the world. Parasites.
33 posted on 08/27/2002 5:57:51 AM PDT by SteamshipTime
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To: Cincinatus' Wife
But he also wrote, ''A society that discriminates on the basis of sexual orientation - or that tolerates discrimination by its members - is not a just society.''

Society discriminates in many good ways. What these people don't get is that mixing people in close quarters in the military, and who have a sexual attraction to each other, isn't good for the military. The difference between the Jaycees, as an example, and the military, is that military people bunk and live together in very tight quarters. The vast majority of Americans understand this. Look at the Catholic Church. Lots of homosexual men priests together in tight quarters and lots of the seminaries have turned into homosexual brothels (and even worse - thousands of innocent teenage boys have been cruelly sexually molested). Same in the Boy Scouts. The problem is, people have lost their ability to make discernments and to use their common sense.

34 posted on 08/27/2002 6:31:44 AM PDT by yendu bwam
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To: Cincinatus' Wife
Harvard Law School - what a bunch of idiots!
35 posted on 08/27/2002 6:45:06 AM PDT by rface
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To: Joe Boucher
The Frankenstein always comes home to visit his creator. The liberals (such as these tortured individuals at Harvard) virtually invented the technique of forcing private organizations to do their bidding via the threat of withheld govt funding. I bet the sauce doesn't taste so well now, does it?

But amid all of this drivel, there is one quote that I think needs to be analyzed: "A society that discriminates on the basis of sexual orientation- OR THAT TOLERATES DISCRIMINATION BY ITS MEMBERS (emphasis mine)- is not a just society"

My totalitarian friends at Harvard obviously need a little refresher course on that little thing called "freedom". Obviously, this bozo believes that his concept of justice allows him to "not tolerate" other people's decisions about with whom they choose to associate.

And...while I'm at it...there is another outright lie in this article:

"The university does not have its own ROTC program on campus because of faculty oppostion to the military's policy on gays."

As I'm sure this dishonest reporter knows full well, most of the Ivy League schools (including Harvard, and my school, Brown) booted the ROTC programs off of their campus in the 60's...long before the gay issue was on anyone's radar screen. The REAL reason why the ROTC programs were kicked off campus--and remain off campus--is that the lefties who control the Ivy League schools detest the US military. The gay issue is a straw man that was only introduced several decades after the ban in order to cover for Harvard's distaste for the military and the uncouth people whom they assume make up most of its ranks.

36 posted on 08/27/2002 6:55:16 AM PDT by quebecois
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To: Cincinatus' Wife
Once again we see that no group will cave in on their principles faster where money is concerned than lawyers.
37 posted on 08/27/2002 6:56:57 AM PDT by Non-Sequitur
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To: Cincinatus' Wife
Well, well, well.... here we have positive proof of what Harvard and its professors really are. Now its just a matter of getting them short skirts, stiletto heels, scarlet lipstick and negotiating the price. Then, maybe these professors could service the fleet. If so, it would be the first time most of them had ever done anything for their country.



38 posted on 08/27/2002 7:02:48 AM PDT by JeeperFreeper
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To: quebecois
The gay issue is a straw man that was only introduced several decades after the ban in order to cover for Harvard's distaste for the military and the uncouth people whom they assume make up most of its ranks.

The Harvard apparatchniks owe their freedom to spout insanity and inanity to people who are far braver and thoughtful and sincere and patriotic than they. They are far from where the heros lie.

39 posted on 08/27/2002 7:08:30 AM PDT by yendu bwam
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To: Otto von Bismark
It seems to me that they forgot just WHO it was that instituted "don't ask don't tell". It was their buddy Bill Clinton - not GW. If they don't like the policy, they need to blame him.
40 posted on 08/27/2002 7:14:35 AM PDT by Clintons Are White Trash
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