Que bono? Liberals spending others' money
- Peter Lorenzi

- Mar 31, 2021
- 2 min read
Sooner or later you run out of other people's money....


A conference of Jesuits has apparently pledged $100 million — that they don’t have — as reparations for their past slaveholding practices. That's right, $100 million, with $15 million upfront (where have they been keeping all this money?), $85 million coming from donations raised by the fundraisers hired by the Jesuits. Does that mean that the Jesuit college development office will be competing with the privately employed fundraisers to raise money for their own efforts to pursue social justice with economics? Or do they expect Jeff Bezos’ ex-wife to write the check for $85 million? [NOTE: Remember, Bezos was worth about $150 BILLION when he split with his wife. Her share? About $38 billion in 2019. She recently donated $40 million to Morgan State, and HBC in Baltimore; I have hear nothing of the other HBC in Baltimore, Coppin State, receiving any similar donation.]
Here is a better idea. Have the Jesuits as presidents at 20 Jesuit colleges donate their $500k nominal annual salaries to this fund. That’s ten million dollars a year. You would be right to ask, "Doesn't this mean that tuition dollars are paying the Jesuit pledge? Is that fair?" But hey, this is the way Jesuit colleges fund much of their financial aid, with tuition collected from 'full payers.' And since the Jesuit students seem to be so doggedly woke, why not use their tuition to pay the Jesuit pledge?
Bottom line is that it appears that the Jesuits admitted their own guilt but they expect someone else to do their penance.
[!Sarcasm alert!] In other news, the state of Israel has sent a demand for sixty trillion dollars to Egypt to fund the Let My People Go Reparations Fund to compensate for slavery and suffering in building Egyptian pyramids. The original claim of $12 has grown with inflation, interest, and punitive damages. Egypt has countersued for damages during the Red Sea flood that left 2,000 EgyptIan charioteers drowned, about 2,500 years ago, to be paid by Egyptian tour guides. Or the story about the State of Hawaii demanding ten trillion in damages from the company that built the Japanese planes that bombed Pearl Harbor in 1941, to be paid by Japanese car owners.
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