[pickemuphere]

How, exactly, are the Clintons making money off of a public university? I mean, I wouldn't put it past them, but I don't see a clear link established in the article...

[chickens]

The CSU's are public non profit but each had a Foundation -- for grants, tuition, rents etc. The Panetta Institute has an in, through the Foundation. Peter Smith, as president is chief executor of the Foundation Fund ,, stick around there's more ...

[chickens]

Smith and Panetta inherited about 1500 housing units from Uncle Sam -- Fort Ord's military housing. The tract of land alone is worth $one billion dollars.

[chickens]

Students pay rent to the Foundation, Grants go to the Foundation as well. Generally, 50 percent of a grant, or more, is used to administer it. Federal financial-aid is administered through Smith. Smith doles it out to students, who pay it back to him as tuition and rent -- so it goes right back to Smith.

[chickens]

Anyway -- when the head of a granting agency like NSF's Judith Ramaley, writes your accreditation report -- you're in the big leagues. But here's the rub. It's all bogus. log onto CSUMB's website, read her report. It's a sham. There's no dissent, and no complaints. On its face, how real is that? They really did have an air force of Middle Eastern flyers paying them rent though. And who knows about it? Just you and I.