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mathwonk said:unfortunately, partly for the reasons you mention, some people at a US university tend to simplify the evaluation of your scientific work, and often reduce it simply to: "how much grant money did you bring in?", which should be almost irrelevant.
a number of years ago we had a famous mathematician interview with our administration, and he was asked if he had any current grants, since none were visible on his vita. He responded indignantly, "No self respecting mathematician would list his GRANT MONEY on his vita!"
I assure you those days are long gone.
Quiet unfortunate but it's happening as you say. One thing I often ask myself is if you can't beat them, join them. In other words, why not use your brains to make the most amount of money possible like in financial services? Have you considered such an option? Having witnessed the current situation in academia, do you think it's a worthwhile pursuit for the younger generation? Or does academia still have a decent, uncorrupted, anti money grabbing future?