I’ve said this nearly every time it comes up.
People really don’t understand how much wealth Harvard has.
They have a long history of systematically buying storefronts in squares, leaving them to get derelict, devaluing the surrounding neighborhood property, and buying it all up, bulldozing and expanding. The whole area where the Bloomberg center is in Cambridge is a perfect example. That shit wasn’t a campus in 2003, it was houses.
They are by far the largest land owner of the Allston Brighton area of Boston. This land is by and large tax exempt.
Their endowment’s interest alone exceeds the value of their student’s tuition. In perpetuity. But where’s the fun in that?
There’s a kind of deep rabbit hole if you’re bored. 172 Lincoln St will probably get you going somewhere.
All this to say, when Trump tried to threaten them financially, they fed caviar to their dogs and carried on with their days.
Not to disagree, but their endowment is not dry powder, cash on hand. In fact they use some of it as tuition assistance to lower income students. You aren’t wrong, they didn’t need to blink or comply.
We can take on Harvard right after we take on Trump and the other 2,780 billionaires.
Taco
If the “don’t tread on me” morons weren’t such pushovers, he wouldn’t think he could get away with so much.
Tacos, anyone?
Taco Tuesday comes early.
Now he says he wants 1 billion dollars
