00:00:22.040I'm a rookie to this fatherhood thing, but I have to tell you, I absolutely love it.
00:00:26.040And I appreciate so much all of the just the kind words and well wishes and everything from the moms and dads out there and everybody who were so kind as I was out for a few days.
00:00:36.500Carrie, my wife, a total trooper, never lost her temper, never was anything other than upbeat during.
00:00:44.520It was pretty long, pretty long time in the hospital.
00:00:47.720But I was going to say we got through it.
00:01:02.940So, yes, the baby thing is incredible.
00:01:05.040And if I seem a little even more upbeat and ebullient about the future than ever, it's because, well, you all, those of you who have had kids, you know exactly what I'm talking about.
00:01:14.640And the grandparents out there, you know that you just it just kind of puts you in a frame of mind and a mood.
00:01:27.740I was listening when I was out because, you know, as one does when you're just sitting around in the hospital, talk radio is like your salvation when you are stuck in a hospital room for for hours, hours and hours on end.
00:01:39.060So I was listening to podcasts and stuff.
00:01:43.660And if you guys want to talk more, talk more fatherhood ideas or the first few weeks or anything, we can just throw that into the mix as we go.
00:01:50.180But, yes, I'm in kind of like walking on cloud cloud nine attitude, as I'm sure you all understand.
00:01:55.760It was fantastic, but we've got a country to save and we've got a lot of things going on as well.
00:02:00.920So let's just lay out there that we'll discuss this the situation, Clay, of of this individual who has been sent the case of Gilmar Abrego Garcia, who has been sent to El Salvador.
00:02:15.720And now it's in the it's in the courts and the libs are saying Trump has to bring him back.
00:03:21.020The Trump war on woke campuses and Harvard University has found out the Trump administration is going to freeze two billion dollars that had been committed to this.
00:03:31.420It is tax day today, which we'll talk more about.
00:03:35.380So as Clay pointed out to me before the show, I think this is a particularly worthwhile time for us to say, hold on a second.
00:03:43.740So the government backs the student loans with no, you know, with no risk to these institutions whatsoever.
00:03:52.060And so that lets them jack up the tuition endlessly.
00:03:55.720When my dad went to Harvard Business School, Clay was he was a doc boy.
00:04:53.180And I'm sure many of you are like me, stroking checks that you don't want to stroke to send to a government that you feel is likely to be wasting the money that you are giving them.
00:05:02.600And that you could spend that money or save that money or utilize that money that you earned better than the government could.
00:05:30.220And we'll talk about that in a moment.
00:05:31.620But we're giving them property tax subsidies in almost every city and state.
00:05:37.260And we are giving them tax exemption, meaning that their endowments can grow without having to be taxed in the same way that yours and mine's earnings are taxed.
00:05:48.620If you give them property tax exemptions and you give them not for profit status so they don't have to pay taxes, the taxpayers are already subsidizing colleges and universities to a massive degree to build on what Buck said.
00:06:03.620Then we also subsidize student loans and try to take the risk from the university itself and place it on the American taxpayer, our government.
00:06:12.680Why in the world are we also giving them tens of billions of dollars in taxpayer subsidies?
00:06:19.760I don't think any college or university should get any of our taxpayer dollars.
00:06:24.380I think a subsidy on property taxes and on not for profit status should give them plenty.
00:06:30.520Plus, their endowments let them actually deal with their own cost structure.
00:06:35.220Right. I mean, there are limits on these things, right?
00:06:37.760If you think about religious institutions, they are tax exempt, but you tend to people understand why proselytizing, for example, if that's if the government was funding that there'd be an issue.
00:06:50.320Right. Well, why are universities getting all this money that they can then use to pay salaries, administrative costs, all this other?
00:06:57.380They say it's for research as if they're all running DARPA, you know, Defense Advanced Research Project Agency out of the Pentagon.
00:07:04.000Like they're all figuring out how to give sight to the blind or really important, amazing stuff.
00:07:08.600I guarantee if you think there's fraud, waste and abuse in the federal government, just wait until you see what the administrative staffs of universities have turned into.
00:07:18.020This has been true across education, by the way.
00:07:20.440My friend Inez Felcher has done great work on this clay.
00:07:23.140Something like administrative headcount, and this is true from nursery and public schools and the very beginning of education, all the way up through universities and Ph.D. programs.
00:07:36.620Administrative staff has grown at breakneck pace in the last 20 or so years, like six times what actual teaching staff has.
00:07:45.080So whatever you think about how fast teaching staff is growing and the administrative staff, and this is where you get DEI.
00:07:52.320This is where you, I mean, meaning people that that's their job.
00:07:58.680That was an actual job title, and there were a lot of them.
00:08:01.780And their job was to just march around and make sure that you never said a naughty thing or took a non-approved position in public on the town square in the college green, or you'd be in trouble.
00:08:13.000You'd have to go to re-education camp, which did happen to people, I might add.
00:08:18.060You'd have to go and do, like, sensitivity training, essentially, Clay.
00:08:20.520And, you know, the other part of this that I love is the, so, yes, the tax, a lot of you are saying, why are my tax dollars going to subsidize?
00:08:27.640Harvard has a, what's the endowment, $60 billion, something like that?
00:08:31.460I was talking about that yesterday, and I meant to look up with the, I'm going to look it up right now, because, again.
00:08:49.440And so you sit here, and you say, well, hold on a second.
00:08:52.680You're, as you're getting ready to, you know, or hopefully you've already got it in, but if you're getting it in the last minute, pay your taxes, and you're trying to make ends meet.
00:09:01.060Harvard, with its tens of billions of dollars sitting in the bank, and all these bloated salaries for professors who maybe teach a class once a week and take sabbaticals of a year where they get paid and all the, I mean, the waste and everything in this is met.
00:09:12.980The other part of this, Clay, is the university system, we have to be honest, the same way the federal bureaucracy has become a province of the left, and essentially a form of permanent left-wing governance.
00:09:27.500That is not, that is not about elections, right?
00:09:30.220The federal bureaucracy, if you, the EPA, until Trump came along, was Democrats getting what they want, whether it was a Republican or a Democrat administration.
00:09:39.120The university system, it's the same thing.
00:09:41.220It's, you know, who wins, who loses, doesn't change the faculty at Harvard, doesn't change the board of overseers, and they are factories of the left-wing insanity that has infected so much of this country in recent years.
00:09:56.300They're not teaching people important stuff.
00:09:58.200They're teaching people left-wing nonsense, and so I think it's time that they're held to account.
00:10:02.760I just think, at a bare minimum, if you want to have complete independence, you should do what Hillsdale College did.
00:10:10.200Harvard has $53 billion in their endowment.
00:10:15.240They have, again, it's not like they have to pay a massive amount of tax on that endowment every year.
00:10:23.020They return around 8%, 9%, 10% probably a year on average, so they're growing that at a $5 billion a year clip.
00:10:31.420I don't think that a government should be in the business of dictating to colleges exactly what they can do, but if you take our taxpayer dollars, then the government does have a say in what you do.
00:10:46.320I mean, that's been established for a long time.
00:10:48.740Go back and read Bob Jones' put on my constitutional law hat.
00:10:53.340When the government gives you money, they have a right to be involved in the way that you run your college and university.
00:11:00.960And I think the biggest solution here as we sit on tax day is why are we giving billions of dollars in subsidies, tens of billions of dollars in direct cash subsidies,
00:11:12.240from our tax dollars to these universities.
00:11:15.880They should be able to make their business, which is the university, work without needing any money from the federal government at all.
00:11:23.600And if they can't, they've got to cut back like most businesses would that don't have tens of billions of dollars in federal dollars coming in.
00:11:30.080But, and I know what they're going to do now, they're going to say the research grants that they're going to, they're going to try to promote the New York Times is going to come forward.
00:11:36.980Because remember, this is, this is, this is like the cathedral of the left.
00:11:40.720This is so important to them to have dominance, not just of, of education in a broad sense, Clay, but of elite educational institutions.
00:11:49.820They have seized, so-called elite, they have seized these places and leveraged them for their own maximum benefit.
00:11:56.800They turn into indoctrination factories for kids to come out with, yeah, I know not everybody.
00:12:02.780I went to Amherst, you know, you went to, you went to law school at Vanderbilt.
00:12:05.480You can go to these places and not come out a communist, but I'm sure Vanderbilt's probably, well, I don't know.
00:13:28.580According to the Supreme Court, they've been engaged in racism for a long time.
00:13:31.940These are racist institutions that are getting, these are constitutional violators.
00:13:36.480They're violating the right that all of us have to be judged, not by the color of our skin, but by the content of our character or by our SAT scores.
00:13:57.640This is to continue to get federal funding.
00:13:59.560They want access to admission records because they know that all these schools are just, they're ignoring the Supreme Court.
00:14:06.160They're just going to keep doing what they did, which is making sure that they have, you know, the percentage of black students they want, the percentage of Native American students they want, and so on and so forth.
00:14:15.300They're going to do that, even though that's a violation of what the Supreme Court has said.
00:14:19.820So I think this is, I think this is great.
00:14:22.540And it also is going to change people's thinking because one of the things, you know, Clay, I'll be honest about this.
00:14:27.160Whenever I would have, I don't know what your experience was with this.
00:14:30.140Whenever, you know, earlier on, particularly in my media career, like young conservatives would reach out to me.
00:14:34.420They would say, I have a professor who is a communist, like I'm going to write a paper that really tells him.
00:14:40.300And I said, no, I said, no, because I want you to get the best possible.
00:14:44.460I'm not saying don't lie, like don't write things that you'd be embarrassed by, but don't think you're going to die on this hill and be a hero by getting an F as a student at some school.
00:14:53.660Your parents are paying God knows how much money to set or that you're taking out loans to go to.
00:14:57.440Get the best job you can be as successful as you can help change the country when you get out of that place, because you're not going to change it really effectively from the inside.
00:15:07.180I think the mystique of a lot of these places is fading.
00:15:10.480And that's part of the power the left has counted on.
00:15:19.520Your wife went to the University of Florida.
00:15:21.960It's almost impossible to get into the University of Florida.
00:15:24.460We were just talking to one of our neighbors whose boy wants to go there, and they're talking Ivy League equivalent SAT scores, or ACT, I guess, if you're in the South.
00:15:33.080Ivy League equivalent scores to get into the University of Florida now.
00:16:25.340But part of it is that for about six months now, I've been on a health journey, and chalk, I've got my chalk daily right here in my hand, chalk has been an important part of that.
00:16:34.540Yeah, we had some lost sleep last week, but you know what?
00:16:38.900One of the things I was really lacking before, I just got to a point where I didn't have the energy to get through the day the way that I wanted to, and I didn't want to just rely on.
00:16:46.800I love coffee, but just rely on coffee.
00:16:48.900You've got to have the right stuff, and that's what chalk is.