Pause on Federal Grants - MD25-13

[Justabirdwatcher]

Not my money in the private sector.

You win the award for the funniest, most ignorant and most dangerous comment of the day. As if you don't buy any private sector goods. Fact is, MOST of your money is spent in the private sector, but you've been conditioned (by them and their paid off politicians) to look the other way when they waste your money, and to focus instead on "the gubment." Lee Atwater, Reagan, Newt and Rush all played their roles very well to get us to this point. They all knew how easily fooled and manipulated at least a third of the voters would be, and that's all they needed.

 

[BigHornRam]

well, at least you are transparent.

And pay my taxes.

Robert Hunter Biden Convicted on Three Felony Tax Offenses and Six Misdemeanor Tax Offenses

Robert Hunter Biden (Hunter Biden) pleaded guilty in federal court in Los Angeles this afternoon to all counts in a nine-count indictment, including three felony tax offenses and six misdemeanor tax offenses. There was no plea agreement.

www.justice.gov

 

[RemingtonRules]

You win the award for the funniest, most ignorant and most dangerous comment of the day. As if you don't buy any private sector goods. Fact is, MOST of your money is spent in the private sector, but you've been conditioned (by them and their paid off politicians) to look the other way when they waste your money, and to focus instead on "the gubment." Lee Atwater, Reagan, Newt and Rush all played their roles very well to get us to this point. They all knew how easily fooled and manipulated at least a third of the voters would be, and that's all they needed.

Go find a mirror. Look closely and you will see the one that is brainwashed.

If they waste money they will go out of business. I can choose where my money goes. I can only impact government spending by my representative but the gubmnt going to get my money regardless.

 

[BrentD]

Go find a mirror. Look closely and you will see the one that is brainwashed.

No, he is exactly right.

 

[Trial153]

No, he is exactly right.

 

[Justabirdwatcher]

Go find a mirror. Look closely and you will see the one that is brainwashed.

If they waste money they will go out of business. I can choose where my money goes. I can only impact government spending by my representative but the gubmnt going to get my money regardless.

You still buying eggs?

 

[ismith]

You still buying eggs?

"egg's"

 

[Justabirdwatcher]

"egg's"

Now that's funny.

 

[ForkyFreak]

 

[BigHornRam]

If they waste money they will go out of business. I can choose where my money goes. I can only impact government spending by my representative but the gubmnt going to get my money regardless.

Welfare for colleges? NIH 'slush fund' allegedly stiffs research to fund administrative bloat

Private foundations fund only a fraction of the "indirect costs" Uncle Sam does, and universities spread panic to keep the taxpayer spigot gushing. Critic says universities "launder" federal money to researchers for perks so they go along.

justthenews.com

Most private entities can't get away with 60% plus indirect administrative costs, and stay in business. A few of them can.

"Institutions with eye-popping endowments that charge more than 60% for indirect costs include Harvard ($53.2 billion), Yale ($41.4 billion) and Johns Hopkins ($13.1 billion), NIH said. Eight of the 22 states suing to protect their old haul received more than $100 million each, and another five more than $50 million each, in total NIH funding in fiscal 2025."

 

[SAJ-99]

Welfare for colleges? NIH 'slush fund' allegedly stiffs research to fund administrative bloat

Private foundations fund only a fraction of the "indirect costs" Uncle Sam does, and universities spread panic to keep the taxpayer spigot gushing. Critic says universities "launder" federal money to researchers for perks so they go along.

justthenews.com

Most private entities can't get away with 60% plus indirect administrative costs, and stay in business. A few of them can.

"Institutions with eye-popping endowments that charge more than 60% for indirect costs include Harvard ($53.2 billion), Yale ($41.4 billion) and Johns Hopkins ($13.1 billion), NIH said. Eight of the 22 states suing to protect their old haul received more than $100 million each, and another five more than $50 million each, in total NIH funding in fiscal 2025."

Again a case of wanting the benefits but not wanting to pay for it.

Timeline of Discovery

1799Smallpox vaccineBenjamin Waterhouse introduces the smallpox vaccine to the United States and helps gain acceptance for the new procedure.1843Puerperal fever Oliver Wendell Holmes identifies the cause and prevention of puerperal fever, also known as childbed fever.1846AnesthesiaJohn Collins...

hms.harvard.edu

 

[BigHornRam]

Again a case of wanting the benefits but not wanting to pay for it.

Timeline of Discovery

1799Smallpox vaccineBenjamin Waterhouse introduces the smallpox vaccine to the United States and helps gain acceptance for the new procedure.1843Puerperal fever Oliver Wendell Holmes identifies the cause and prevention of puerperal fever, also known as childbed fever.1846AnesthesiaJohn Collins...

hms.harvard.edu

This liberal Democrat gets it.

"Less money spent on the administration is more money to give out to actual scientists," the self-described liberal Democrat said. "I am shocked to see researchers crying about how much money the university gets – it means more grants can be given per cycle."

 

[SAJ-99]

This liberal Democrat gets it.

"Less money spent on the administration is more money to give out to actual scientists," the self-described liberal Democrat said. "I am shocked to see researchers crying about how much money the university gets – it means more grants can be given per cycle."

Clearly that person doesn’t understand how the process works any better than you do. Carry on.

 

[Gulf of America]

Welfare for colleges? NIH 'slush fund' allegedly stiffs research to fund administrative bloat

Private foundations fund only a fraction of the "indirect costs" Uncle Sam does, and universities spread panic to keep the taxpayer spigot gushing. Critic says universities "launder" federal money to researchers for perks so they go along.

justthenews.com

Most private entities can't get away with 60% plus indirect administrative costs, and stay in business. A few of them can.

"Institutions with eye-popping endowments that charge more than 60% for indirect costs include Harvard ($53.2 billion), Yale ($41.4 billion) and Johns Hopkins ($13.1 billion), NIH said. Eight of the 22 states suing to protect their old haul received more than $100 million each, and another five more than $50 million each, in total NIH funding in fiscal 2025."

Most of the engineering consultants I work with have overhead rates between 150% and 220%, so 60% sounds downright cheap.

 

[BigHornRam]

Clearly that person doesn’t understand how the process works any better than you do. Carry on.

 

[BigHornRam]

Most of the engineering consultants I work with have overhead rates between 150% and 220%, so 60% sounds downright cheap.

How do you skim 150% to 220% of grant money?

 

[Gulf of America]

How do you skim 150% to 220% of grant money?

It means for every hour of direct labor, we pay the labor rate + 200% overhead which I’m sure is what is happening with grant funds too. Maintaining a laboratory is a lot more expensive than paying grad students working in the labs but both are just as important.

 

[SD_Prairie_Goat]

It means for every hour of direct labor, we pay the labor rate + 200% overhead which I’m sure is what is happening with grant funds too. Maintaining a laboratory is a lot more expensive than paying grad students working in the labs but both are just as important.

Yup. When I consulted they charged the client $125/hour for my time as an EIT, but paid me $35/hour salary.

The difference between those two numbers go to benefits, overhead, and profit. Largest portion by far was overhead.

I was at a 3.5 multiplier for my bill rate, but depending on the situation some engineers would be closer to 5x.

Grants work a bit different but just a good example to show that there's more to pay for than salaries and scanning electron microscopes

 

[WildWill]

This thread.

 

[Bullbrl]

who in their right mind would put RFK in charge of anything? If you can’t rule that person out of contention for any position after a 20 minute conversation with him than your stupider than he is.
All these appointments are rewards for fealty which most appointments are. We just have a
bigger idiot then normally making them