In the aftermath of the horrific attack on Israel on October 7th, American students on college campuses stunned the world. Far-left progressives sided with terror group Hamas, accusing Israel of being an oppressive regime that deserved to be attacked.
This sparked outrage from millions of Americans. And many people, including powerful alumni, demanded answers from the presidents of these colleges, especially Ivy League schools.
But most of these school leaders did nothing. And the Israel hate grew into rampant anti-Semitism on college campuses. Congress forced these school presidents to testify about what was going on–and none of them were willing to condemn the growing hatred at their schools.
Now, the president of UPenn’s shameful testimony is costing the school a tremendous amount of money.
A major donor to the University of Pennsylvania is withdrawing a donation worth roughly $100 million as a protest against the college’s handling of antisemitism on campus and the controversial testimony by UPenn’s president on the subject.
Ross Stevens, founder and CEO of Stone Ridge Asset Management, donated to Penn in 2017, a gift that consisted of partnership units in the firm which are now valued at around $100 million to help the university establish a financial innovation center. Attorneys for Stevens sent the university a letter indicating the school violated Stone Ridge’s limited partnership agreement through its failure to adhere to anti-discrimination and anti-harassment rules…
It also took issue with President Liz Magill’s testimony before the House Education and Workforce Committee this week in which she said that whether antisemitic chants and calls for the genocide of Jewish people are prohibited speech on campus are “context-dependent” and would violate Penn’s rules against bullying and harassment if it was “directed,” “pervasive” and “severe.” [Source: Fox Business]
Wow. Talk about losing big! The University of Pennsylvania just lost a partnership that was worth $100 million. Ross Stevens, CEO of Stone Ridge Asset Management, had provided UPenn a partnership that would provide that amount of value to the school.
But after the president’s disgraceful refusal to condemn anti-Semitism spreading on her campus, that partnership is over. Stevens rebuked Liz Magill’s claims, which she made before Congress. She seemed to suggest that the anti-Semitism being spread by students only violated the school’s rules, based on the “context.”
This is pretty rich. These very same schools have been violating the free speech rights of conservatives for years. Colleges and universities have long trampled conservative students’ ability to share their views. They have been slandered for spreading “hate speech” because they disagree with the far left.
Yet these same schools are doing nothing about calls for genocide against Jewish people, because of “free speech.” Give me a break. This controversy is entirely due to the fact that our colleges have become hopelessly progressive.
The reason these schools aren’t disciplining anti-Semitic students is because the left is anti-Semitic. The current progressivism being spread in colleges has labeled Israel as a “white oppressor.” Liberal college presidents refuse to condemn anti-Semitism because they fear going against their own political side.
But in the case of UPenn, they just lost $100,000,000 because of it. Serves them right.
Author: Bo Dogan
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