I dunno how it goes on the Eastside of the Atlantic, but over here profs apply for only-God-and-her-secretary-knows-how-many grants, out of which they pay their postdocs/grad students/other staff, as well as equipment costs, and *cough*40% university overhead. Around here, if you want to get a tenure-track professorship, you pretty much need to have grants in tow.
[DrQ] That's pretty much what happens over here as well. Except that we don't have tenure any more, so even when you have a job, you still have to run as fast as you can to keep it. Especially if you're in a 4-desperate-to-be-a-5 rated department.
[Chalky] Indeed. The puppy (Frodo) is delightful but he also needs a lot of attention. Plus the ongoing mouse in the roof situation and the leeking outside loo means I shouldn't be here now.