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Comment: Re:For those who can read... (Score 1) 237 237

I would go so far as to say they would have required the companies that recorded the data for billing purposes to remove it when the bill was paid without dispute instead of hanging on to it at all.

That's a patently silly claim. There were certainly business records in the 1790s; if they were going to outlaw keeping records after billing was concluded, don't you think they would have done that in, say, the 1790s? They pretty clearly didn't do that...

Comment: Re:Dithering? I don't think so (Score 1) 85 85

I don't think the UAS community is complaining about the existence of regulations, or even the need for regulations, per se. The main complaint to the FAA is that they are ready for regulations, ANY regulations, just get on with promulgating them. I'm not a drone guy, but even I recognize that the potential of UAVs is huge for fundamental changes in many fields, but the FAA has been (intentionally?) dragging its feet for _so long_ that the technical initiative is bleeding out of the US into other countries that haven't been moving slower than molasses in winter.

Comment: Re: Just let me do brain surgery! (Score 4, Insightful) 372 372

Of course brain surgeons don't "just do" brain surgery .... in any surgery, there's a ton of pre-operative work, investigation, preparation, paperwork, practice, etc. No one just dives in and cuts open your head.... and just as no one administrator hovers over the scalpel's every move, no manager hovers over every keystroke, either.

Comment: Re:$18.7 billion?! (Score 4, Insightful) 208 208

Endowments return significant operating funds in up years, and sales from the endowment assets smooth out what would otherwise be significant operating losses in the down years; they decouple university operating finances from the business cycle and local politics. They _stabilize_ finances. They can also used as collateral allow for much larger debt funded initiatives to be floated. I dearly wish my university employer had a large endowment....

Put another way: you don't eat your seed corn. The endowment is the seed corn. Selling off an endowment for short term, short sighted "it seems wrong to have so much money!" would be criminal

Work without a vision is slavery, Vision without work is a pipe dream, But vision with work is the hope of the world.