When the Iraqi-Iranian Modern Oil Company decided to invade Iraq in order to lay American claim to the estimated 500 billion barrels of oil under their sand, the Administration said that those children in the United Nations do not know what they are doing. "What do these children know about weapons of mass destruction? or how to search for weapons of mass destruction?"

The smart parent, dumb child game—just like the good cop, bad cop game—only works when people are afraid to question the motives of the authorities above them.

Stanford University, a nonprofit organization, made about 550 million dollars from it operations in 2007. Due do an accounting allowance for “scholarship” grants, that amount is reduced to $384,363,000. A non-profit organization makes budget plans so that expected expenses and expected revenues are balanced at or around zero. So, where does this $384 million dollars go after the accounting year settles. To build and fund capital projects: 300 million dollars. If you include 143 billion dollars that was released from capital funding restrictions to this amount for this accounting year, the university has a 443 million dollar capital investment fund sitting in the bank with no restrictions on it. How many buildings can you build in a year for 443 million dollars? 5? 10? 15? 20?

There is still the small change of 84 million dollars left over from 2007 operations. How many merit scholarships can you hand out a year at $35,000 a scholarship? 2,400 scholarships.

In 2007 the University of Stanford earned 2 billion dollars, 868 million dollars, from investments that stayed in the endowment fund, and all of this money is non-restricted. The stupid students argument, the stupid Senate Finance Committee argument doesn't work at this United Students and Parents meeting—that the earnings of the endowment fund is mostly restricted (80 percent). The university administration budgets from the restricted portion of the endowment fund and the balance of their budget from the endowment fund is unrestricted funds. They say that 25 percent of the endowment is unrestricted, when in fact 80 percent of the investment returns from the endowment is unrestricted: 2.87 billion dollars in 2007.

Fifty trillion dollar of oil at current prices are sitting under Iran and Iraq. Was the war in Iraq/Iran worth it?

When you keep raising the cost of a higher education up each each year for students and get an accounting break with vapor money for “scholarship” grants out of the general operating fund, not the endowment fund, you are not setting a very good moral code for university students to follow.

Ten percent of the endowment funds is restricted for undergraduate student scholarship; Eleven percent is restricted for Graduate scholarship. Are these scholarship funds restricted as to need or merit? or does the whole student body have scholarship rights and privlidges with respect to these funds? Ask you ASSU executives.