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You will excuse me if I say that the attempt to strike at endowments is another communistic power and money grab -- enhanced by the ongoing march of mediocrity.
Besides, this is yet another example of the trend of saying: "Oooooh! Someone has money! Let's take it!" Ultimately the casualties of this kind of practice are -- listen to me now -- excellence, initiative, self-reliance, and prosperity itself.
In a "pigs might fly" moment, even the Boston Globe agrees with me.
And anyway, I am fiercely set against any government action to increase its grabbing of private funds. It is bad enough as it is.
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