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Quack Off

by
Free
Market Duck
Boise's
Watergate fiasco continues as Univ of Idaho plans to blow $300 million on
new marketing campaign
(Dec 11, 2007)
"I don't think anybody
else knew the depth and the breadth of the crisis of the University of
Idaho. It was a crisis of leadership, no doubt. It was a crisis
of vision -- not having one. It was
a crisis of financial mismanagement,
of
low integrity
and
loss of trust with our public,
with our faculty
on and off campus,
the Legislature, the governor, the (State)
Board."
-- Tim White, U of Idaho President, referring to the 2002
$136 million University Place fiasco
Boise, ID – Oh, no no no, Mr. Tim White. Not only did we at Free
Market Duck know "the depth and the breadth of the
crisis of the University of Idaho" in the failed University Place
fiasco, one of our authors published a rather comprehensive summary of
EXACTLY what happened by who, what, when, where, why and how in the book
Boise's Watergate. And you received a
copy of that book, Boise's Watergate:
University Place & All The Governor's Men as well as the $1
million, 604-page, investigative Prince Report initiated by the State Board
of Education.
And, by the way, ditto
for the editors at the socialist Idaho Statesman newspaper who appeared to
have a dog of their own -- albeit as a minor conflict of interest -- in this
bankrupt dog fight.
So, let's everybody
stop pretending that some mystery virus fell down out of the sky and
infected the U of I and U of I Foundation and all the aforementioned
suspects. We know exactly what happened and we also know that no
justice
-- no true justice for the crimes committed -- has been, or ever will
be, administered.
Therefore, why are
we not surprised to read ridiculous articles in the Idaho Statesman this
week about how the U of Idaho is making a big time comeback from some
accidental or unknown adversity that occurred from 2000 -- actually 1996, if
one looks at all the facts -- until today?
Anybody who is
interested in the facts can read about it in
Boise's Watergate, a 166-page summarization of what turns out to
be one of the largest financial fiascos in Idaho's history. Click on
the appropriate link for the book on this Home Page and find out the truth.
But let's not dwell
here on what you can read in Boise's Watergate.
Let's look at the absurdity of announcing an alleged Comeback for the U of
Idaho.
First, we have
nothing against the U of Idaho per se nor any of the students or faculty.
We question, however, the U of I's "The Road Back" to becoming a real
institute of higher learning in Idaho.
Here's what the
Idaho Statesman reported as President Tim White's road to recovery and their
current financial position.
The Big Plan is to
spend $300 million on a marketing campaign to increase student enrollment
and federal grants. The university is still in debt $14 million and
wrote off lots more millions earlier. Private donations for 2006 rose
to $28 million from a low of $11 million in 2005. The big question is:
from where will the U of I obtain $300 million for its ad campaign?
And, how brilliant is it to spend $300 million on marketing?
Obviously, the $300
million cannot come from private donations. Private donations for one
year alone equal about 1/10 of the $300 million. The $300 million
can't come from federal grant money since fed money is allotted by law only
to the specific projects it funds. And we know nobody at the U of
Idaho has ever broken the law and used federal grant money for other than
its intended purpose, right? THEREFORE, mes amies, it appears that
the $300 million will be coming from dum-da-dum you guessed it, state tax
money.
Can anybody guess
how much education Idaho could buy with $300 million? $300 million
that is planned for ad campaigns and brochures and marketing to attempt to
lure students to the dwindling enrollment at the U of Idaho? This is
twice as much money as was stolen by everybody and their brother in the
initial University Place fiasco in which the stated reason for the robbery
was, once again, to expand the U of Idaho.
Has anybody ever
thought that many students don't want to attend the U of Idaho for
reasons that $300 million won't cure such as, who wants to live in the boonies instead of attending BSU
in metropolitan Boise? Or, who wants to freeze their ass off up in
the frozen tundra of Moscow, Idaho, instead of enrolling in sunny California? Or, who wants to attend the university at which
"Wide Stance" Senator Larry Craig was the student body president?
More importantly, how does spending $300 million for marketing show anybody
that the U of Idaho is more prudent about the use of its funds than the
previous set of crooks?
Although we are not
suggesting it unless one turns BSU into a private university, it would make
more sense for Idaho State Education to dissolve the U of Idaho and move all
of its students, faculty and money to a privately-funded Boise University,
establish more grad schools, and expand the campus into a truly
"metropolitan research university of distinction." That's correct.
Merge U of I into a privately-funded Boise University in Boise. Then
perhaps Idaho could compete against Stanford, U of Washington, and U.C.
Berkeley. Are you telling me nobody would voluntarily finance a
private university? I give you Stanford, Harvard, USC, the list is
endless and look at their positive balance sheets: in the billions of
dollars.
Back to the scene
of the $300 million crime.
So what we really
have here is throwing more tax money, $300 million this time, down the tubes
for the same excuse as the original perps gave in the 2002 failed University
Place fiasco: to expand the U of Idaho. At that time, the
expansion was into downtown Boise, two blocks away from rival Boise State
University. Go figure. And most of the crooks were never apprehended or
brought to justice. Civic Partners, the California developer, is still embroiled in a University
Place lawsuit for $17 million of their $28 million booty, give or take a milsky. U of I VP of Admin Jerry Wallace was slapped on the wrist and
given 3 year's probation while retaining all benefits and pension. Two leading
lawyers whose law firm, Givens Pursley, milked the Univ Place fiasco for
$1.6 million were fined $17,500 each and retained their law licenses.
U of I Prez Bob Hoover was shifted over to Prez of Albertson's College.
Governor Kempthorne moved up to Sec of the Interior. Wayland Winstead,
who blew the whistle on everybody, mysteriously disappeared. Hell, all the
participants -- except Winstead -- were promoted, not sanctioned.
Since insurance
companies and secret judicial meetings provided no real justice in the
University Place case, the Idaho taxpayers
picked up the tab. And since no justice was obtained, we are not
surprised that the U of Idaho fiasco will continue.
Think about it.
$300 million for a marketing campaign to try and cover up, gloss over, and
recover from -- not undo or provide justice; only 1 person was indicted -- what ultimately amounted to a $250
million Boise Watergate fiasco initiated by the Ada County Commissioners and
others who pulled off an end run around the constitutional spending
requirements of Idaho. Wake up taxpayers. Boise's Watergate
cover up is still alive and kicking. The crooks and robbery
just keep on coming. If they're not getting it from taxes, please tell me
where the $300 million is coming from. -- FM Duck
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