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Emails Reveal Deceased Hedge Fund Manager Refused To Join Bill Gates’ "Worthless" Giving Pledge
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| December 31, 2013 at 11:43am EST
| Rosie Gray
Posted on 01/01/2014 4:59:06 PM PST by ImJustAnotherOkie
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To: ImJustAnotherOkie
Your Giving Pledge has a loophole that renders it practically worthless, namely permitting pledgees to simply name charities in their wills. I have found that most billionaires or near billionaires hate giving large sums of money away while alive and instead set up family-controlled foundations to do it for them after death. And these foundations become, more often than not, bureaucracy-ridden sluggards. These rich are delighted to toss off a few million a year in order to remain socially acceptable. But thats it. Im going to stay far away from your effort. But thanks for thinking of me. Cordially OMG - we lost a good man - a man who was dealing with the reality of life. Wish he has come here to FreeRepublic for reassurance. Prayers for his family and loved ones. And a pox on the houses of liberal elites who don't know a tenth of what they think they know...
21
posted on
01/02/2014 7:29:53 AM PST
by
GOPJ
("Remember who the real enemy is... ")
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