PLANS TO PLUNDER THE UNIVERSITIES

George Will reports:

WASHINGTON is having a Willie Sutton Moment. Such moments occur when government, finding its revenue insufficient for its agenda, glimpses some money it does not control but would like to.

Sen. Charles Grassley (R-Iowa) and Rep. Peter Welch (D-Vt.) recently convened a discussion of how colleges and universities should be spending their endowments.

Marxism or should we say Rawlsian Justice finally come home to where it started: the universities.Our universities love to promote taxation for everyone but themselves.We can't wait to hear the libertarian arguments on why they shouldn't be taxed.