Word: profited
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Dates: during 1990-1999
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...fact, everyone involved in the dispute is having trouble presenting a coherent case. The German government also guarantees freedom of religion but refuses to register Scientology as a religion, considering it a profit-making enterprise that is bilking its members of their savings. German officials explain that it is precisely because of the Nazi past that they are hard not only on Scientology but on all "radical cults and sects, including right-wing Nazi groups." People have gone to jail in Germany for displaying a swastika or denying the Holocaust. And most Germans, 70% of whom tell pollsters they think...
Here's my prediction: no Web publisher will make money this year or even, maybe, the next few. This is an infant medium; it needs time to find its way. A print magazine can take five years and many millions of dollars before turning a profit, and that's in a proven market where people actually pay for content. We need courage if we're going to create something wonderful. The New Yorker nearly died in 1925, the year it was born. Indeed, it did die for one day, before its patron reconsidered. The magazine at the time...
Last year "non-profit" Harvard had what amounts to profits of nearly $2 billion, as its endowment skyrocketed from $7.4 billion to $9.1 billion (see last week's issue of the Harvard Gazette for these figures). According to the University's homepage, the total annual expenditures of Harvard are only $370 million. This is about 20 percent of what Harvard stuffed into its endowment last year. Even if the profits dumped into the endowment last year paid the entire tuition of all 18,800 students, Harvard would still have raked in around $1.3 billion for its precious endowment...
Even more ridiculous, rich Harvard, the largest landowner in Cambridge, is exempt from nearly all taxes because of its "non-profit" status...
...fantastically wealthy "non-profit" corporation can easily keep workers like Hickey without sacrificing the future of the University. Harvard should face up to the truth--it is unnecessarily hoarding cash at the expense of people, like Hickey, who depend on the money for their livelihood. When the current students graduate and are hounded by Harvard for contributions, they should reflect upon its insatiable greed, and they should give their money to a worthier cause. The technically proficient, mindless automatons running this University, and not Joe Hickey, should be offered severance...