Word: rockefellersã
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...Like many facilities at Harvard, the House system was a gift. Unsurprisingly, it was a gift from a wealthy white man. Surprisingly, this particular man was a Yalie named Edward Stephen Harkness. With millions from his shares in the Rockefellers??€™ golden swan, Standard Oil, Harkness was a philanthropic plutocrat in the tradition of Carnegie, Mellon, and Rockefeller himself. After being rebuffed by Yale, Harkness came to University President A. Lawrence Lowell in the fall of 1928, offering over $3 million to build a residential college system that would “bring into each group men from different...
...million per year to collect federal dollars; in 2001, 73 percent of subsidies went to the largest 10 percent of American farms. Previous recipients of much-needed farm aid have included media mogul Ted Turner and Kenneth Lay of Enron fame. David Rockefeller—one of those Rockefellers??€”received $554,000 in subsidies from 1995 to 2005, despite his estimated net worth of $2.6 billion. Farmer’s need subsidies almost as much as hedge fund managers do. In an era of gaping budget deficits, it seems quite clear that the billions of dollars dumped into...
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