I work as a researcher in a grant funded lab, I can see where this post is coming from. There is a lot of needless politics in academia, and often the right things are not rewarded. However no matter what set of actions you choose to reward, people will find a way to game that system.
The criticism in this post, while at least partly true, is too cynical to make a difference in any way. Sure, there are a lot of poor and useless papers published and terrible labs in the US University research system, but the search for knowledge is moving undeniably forward under this system.