Recent comments in /f/news

FrenchAffair t1_jdd13dh wrote

Reply to Toronto MP Han Dong quits Liberal caucus amid Chinese interference allegations by chemicologist

This week:

>A spokesperson for the Prime Minister's Office said the office "only became aware that a conversation took place after Mr. Dong told us, following recent media questions."

Three weeks ago:

>“I want to make everyone understand fully that Han Dong is an outstanding member of our team and suggestions that he is somehow not loyal to Canada should not be entertained,” Trudeau said.

Either Trudeau gaslighting Canadians, or legitimately has no idea what is occurring in his own caucus.

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Captain_Mazhar t1_jdd0q3a wrote

Reply to comment by DrFrocktopus in Hundreds Evicted in Isla Vista by New Landlord - The Santa Barbara Independent by Croughman

As someone who works in higher education finance, it's not that simple. Endowments are not a general fund that can be redirected and tapped for revenue. Most of an endowment is made up from thousands of donors who have specifically earmarked their donations for specific uses, for example paying for more staff at a favored college, or funding research. Those are legal agreements that cannot be redirected without the consent of each donor.

The only sources of redirectable income are state appropriations and tuition/fees. They are not entailed income, so they can be redirected, however much of it is needed for upkeep/maintenance/salaries.

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ExchangeParadox t1_jdd07ib wrote

Reply to Hundreds Evicted in Isla Vista by New Landlord - The Santa Barbara Independent by Croughman

In the IE at an assisted living facility called Vista Blue Mountain, they are doing this to their tenets as well. 60 days to vacate and the poor retirees are scrambling to find a new place only to see that other facilities ( looking at you Villa D Anza) are jacking up their rates. It’s a terrible business finding affordable living in California.

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Captain_Mazhar t1_jdczumy wrote

Reply to comment by Xanthn in Alameda passes delivery fee cap even as Uber threatens exit by Xanthn

For the last decade, venture capital was throwing billions and billions of dollars at startups who could afford to burn reserves because money was cheap, betting on market share over current profitability.

Now that money is getting more expensive, we are coming into phase 2 of that, and we will see who remains when the flood of cheap money dries up.

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Banshee3oh3 t1_jdczps0 wrote

Reply to comment by DTFH_ in Body is 17-year-old accused of shooting 2 at Denver high school, Colorado coroner confirms - CNN by oldschoolskater

Yeah sadly… The entire public education system is on a whole other level of screwed. Maybe appropriately adjusting student costs to be equal with budget increases per student would fix this. Right now, the cost to keep a student enrolled is lower than the budget increase you get from 1 student. That means it’s ALWAYS a net positive to keep them in school, or what was simplified in the past as, no child left behind. Another policy paved with good intentions that have led to hell.

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DTFH_ t1_jdcz7a7 wrote

Reply to comment by Banshee3oh3 in Body is 17-year-old accused of shooting 2 at Denver high school, Colorado coroner confirms - CNN by oldschoolskater

Student safety does not matter, only cost; the motto in this country is 'money over people'. That's why HS graduation rates are at all time highs while reading scores of those graduating are at all time lows. The courts have ruled teachers are not entitled to safety and the police are not there to protect the people.

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DrFrocktopus t1_jdcz5ow wrote

Reply to comment by TSL4me in Hundreds Evicted in Isla Vista by New Landlord - The Santa Barbara Independent by Croughman

This is why I support caps on assets under management (AUM) for public universities. You essentially have these ostensibly education-focused institutions that are really operating as publicly owned real-estate/investment conglomerates building endowments they're unlikely to ever use. I mean look at how universities responded during covid, they didnt tap their endowments to make up for revenue shortfalls they just forced kids back to school to prop up their tenament empires despite it representing a major public health risk. Meanwhile, their educational programs are declining as the focus is less on hiring qualified faculty and more on functioning as degree mills so they can churn service related fees.

Cap AUM and make them boost their endowment spending rates to the point where they can maintain a rainy day fund while actually providing value to students. Imo thats how you bring down tuition as private universities will theoretically be forced to lower fees and increase program related spending in order to compete.

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Banshee3oh3 t1_jdcydv1 wrote

Reply to comment by DTFH_ in Body is 17-year-old accused of shooting 2 at Denver high school, Colorado coroner confirms - CNN by oldschoolskater

I just explained how this entire thing could have been prevented. Stop trying to save every single kid. I’m sorry but some kids just have it made to end up in a cell or a ditch. That’s the reality. Expel students who are deemed a legitimate threat, and stop searching them every day. That only agitates the situation.

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