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34 billionaires pledge to give away 50 percent of wealth (Gates, Buffett Lead Dontation Campaign)
MSNBC ^ | 08/04/2010

Posted on 08/04/2010 8:12:34 AM PDT by SeekAndFind

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To: SeekAndFind

They will all be giving thier money to “social justice” causes and such, all nonsense, who cares ....


81 posted on 08/04/2010 9:11:42 AM PDT by Scythian
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To: SeekAndFind
Bloomberg added: "If you want to do something for your children and show how much you love them, the single best thing — by far — is to support organizations that will create a better world for them and their children.

I'd be curious to see which organizations they support with their money. Somehow, I envision millions being spent on population growth groups, and groups pushing the notion of human caused Global Warming. The same type of 'foundations' run by the Ford, Rockefeller, and Packard families, today.

It would be nice if they'd spend some serious bucks on funding research dealing with safer nuclear power generation, increased battery capacity for electric vehicles, medical devices that help either extend peoples' lives, or increase the quality of life for older folks, or even cold fusion, (which is neither, by the way.) If they truly want this to be a charitable endeavor, they could specify that the findings not be proprietary, so everyone could benefit from them.

82 posted on 08/04/2010 9:12:29 AM PDT by SuziQ
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To: SeekAndFind

Oh, spare me! These wonderful billionaires willing to live on just $5 billion instead of $10 billion. The suffering! The humanity! The vomit-inducing hypocrisy! If they are serious, they should give-away all but $100,000 so they can feel like most Americans.


83 posted on 08/04/2010 9:19:47 AM PDT by pabianice
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To: SeekAndFind
more than 30 American billionaires pledged to give away at least half of their fortunes to charitable causes

so that there can be a movement toward the dream or liberals of a utopia of redistributionism with a guaranteed level of wealth for all, and some with more than enough, but no one with too much.

84 posted on 08/04/2010 9:20:38 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: Joe Brower

I would prefer they create businesses that create jobs.


85 posted on 08/04/2010 9:20:44 AM PDT by Jack Wilson
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To: chs68

Wouldn’t we all as Conservatives rather than give them money to the government, give that money to charitable organizations instead?


86 posted on 08/04/2010 9:22:48 AM PDT by Almondjoy
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To: cherry

Bingo!


87 posted on 08/04/2010 9:23:27 AM PDT by bronxville
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To: SeekAndFind

The best thing they can do for society is to invest this money in profit-earning, job-creating, new-technology producing enterprises.

I’m sorry if it sounds crass, but I doubt the efficiency or even usefullness of PR promises to throw billions at causes that can not find funding elsewhere.


88 posted on 08/04/2010 9:28:58 AM PDT by PGR88
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To: Joe Brower

Most of this money will end up abroad for some “save Africa” deal or will be spent in the U.S. on the statist, liberal agenda by the usual leftist fundations. Better these dudes give it to heirs who will blow it on goods & services bought here or invest in business growth here.


89 posted on 08/04/2010 9:32:39 AM PDT by RicocheT
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To: SeekAndFind

Fools. They will only encourage Obama to demand even more.


90 posted on 08/04/2010 9:42:22 AM PDT by karnage (Obama is nothing more than a soundbite-emitting hologram)
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To: SeekAndFind

The problem is that the more they give for free the more the feeble minded think things should be free from the rest of us.


91 posted on 08/04/2010 9:42:45 AM PDT by CodeToad ("Idiocracy" is not just a movie.)
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To: SeekAndFind

Bet not one of them lists the US Government as a beneficiary. These guys are smart enough to avoid the 55% ‘death tax’, too.


92 posted on 08/04/2010 9:53:07 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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To: SeekAndFind

Lots of these jerk-offs support lib politicians who are perfectly happy to give away 50% of *my* money, so why should I think anymore of them for this gesture?


93 posted on 08/04/2010 10:15:36 AM PDT by Stosh
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To: longtermmemmory

My suspicion is that they will donate half of what is outside the trusts. The trust will be inviolable.


94 posted on 08/04/2010 11:02:04 AM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: SeekAndFind

Ted Turner previously pledged to give away a certain sum of money (I think to the UN) every year for 10 years. Then when his personal fortunes declined he said “uhh...no I didn’t really mean it” and stopped the payments.


95 posted on 08/04/2010 11:09:58 AM PDT by HEM
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To: SeekAndFind

Good-— keep giving it away to those who will use the money to destroy any hope for the rest of us to advance our net worth.

Stupid liberals. Dangerous and stupid liberals.


96 posted on 08/04/2010 11:53:59 AM PDT by eleni121 (But now, he that has a moneybag take it; without a sword let him sell his garment, and buy one.)
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To: SeekAndFind

I always love it when billionaire, celebrities and others who make their money off Capitalism/face recognition lecture the rest of us about the joys of a system where everyone is a poor, faceless nobody.

I’m so tired of these people talking down to me. :(:(:(


97 posted on 08/04/2010 11:54:28 AM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: OneWingedShark

No, they’ve always encouraged killing “defective” babies. Kind of solves the problem of *birth* defects to kill the kids before they’re born. Amniocentesis is their preferred method of identifying defects, and then they encourage killing the defects once they’re identified.


98 posted on 08/04/2010 12:23:52 PM PDT by Theo (May Rome decrease and Christ increase.)
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To: Joe Brower

I wonder exactly what charities will receive these funds.
_____________________________________________________________________________
The Democratic National Committee.


99 posted on 08/04/2010 12:26:11 PM PDT by no dems (To Every Democrat Elected Official in the U.S.: "Shame, shame. Shame on all your houses.")
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To: goodnesswins
"WHAT a SCAM.....they HAVE to do this or they will be taxed at 50-70%.."

Since this is public knowledge, how is their action a scam?

I guess, as far as you are concerned, the "rich" cannot do anything right.

100 posted on 08/04/2010 12:35:31 PM PDT by TopQuark
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