@dickmasterson Or playing chopsticks on the piano

@ComradeDoyIe Calling things midwit... totally midwit, which is baste because it's centrist

@Blue__Ronin @kenzietuff @maryarchived Consider muting yourself, eternally. You fucking dweebs have been arguing over this retarded shit all damn day.

@kenzietuff @Blue__Ronin @maryarchived My lord, you people are still on this topic? Give it a rest

@neffnet @eric_laurain @Jesse_Brenneman @neontaster It's entirely bogus. FFRs are completed at least once a year per project plus there is an annual audit, lastly the feds can call for special audits.

RT @HughBalls6: @Jesse_Brenneman These dudes think every funding decision not personally signed off on by each individual moron in the nati…

@FreeSpeechMonk @DrPhiltill Universities do report financial information when they submit ICRPs to cognizant agencies. These rates don't come out of thin air.

@FreeSpeechMonk @DrPhiltill Let's assume the "wasteful" opinion (it is just an opinion) is valid, it doesn't explain why universities are willing to do foundation research with less indirect. The overhead costs still occur. Cost-shifting is much more explanatory.

@dejection234 @SamFish82375996 @Blue__Ronin @kenzietuff @maryarchived Damn, why is everyone tagging me in this silly argument?

@FreeSpeechMonk @DrPhiltill I'm not seeing how this is relevant to why Unis will accept foundation funding at lower indirect rates. There are R1s with pretty modest endowments. Also, the majority of endowments are restricted. They can't be spent on just anything

@FreeSpeechMonk @DrPhiltill 1) Foundation research is a small part of research portfolio. 2) Institutions eat the costs because they are getting higher indirect rates on federal and industry funded research. By the way, most IHE's charge industry funding at an even higher indirect rate.

@ArashKheradvar @DrPhiltill Fundation research is subsidized by industry and federal grants/ contracts. Foundation grants make up a small part of most R1 research funding portfolios. Breakdowns vary, but it's about 40% Feds, 30% Corporate, 15% the University. The rest is state and local and foundation.

@DrPhiltill Not quite. The process for setting indirect costs rates is first proposed by universities via an indirect cost rate proposal which relies on their financial reports to evidence said costs. Then, a cognizant agency determines whether they are reasonable or not

@PhilHollowayEsq @DOGE No he isn't. That's called impoundment and it is illegall except under very specific circumstances.

@DrAndreaPhD @dr_andrealove They are justifiable, however allocability of indirect costs become an accounting nightmare, so negotiated rates were developed for efficiency. It's not like these are random rates pulled out of the air. A negotiation process based on financial accounts has to occur.

@DrAndreaPhD @dr_andrealove It's a very serious question. Pointing and saying "big number!" isn't a valid justification. Some industries have very low overhead because they aren't capital intensive, others are capital intensive and have large overhead rates. Is there a reason you think R1s would be lower?

@SymbolicReality @The_Gilp Who cares about revenue back to the government? If the benefit to the nation is a multiple of the dollar spent, it's a good spend.

@DrAndreaPhD @dr_andrealove How do you come to that conclussion?