March of Dimes is one of my favorite charities.
Their kids.
The usual far left, slavery-supporting socialist ones.
I do not see this as wonderful. We need billionaires. All this indicates is another sapping of wealth from U. S. citizens. Gates and company will dump the funds. Those funds will be spent on idiotic projects or give-aways, and in two years we’ll be right back where we started, with billionaires having halved their wealth, those in need still there with their hand out.
Stupid idea IMO.
I have never in my life seen more promotions for people to donate funds to a good cause. Many of these projects are leftist pipe dreams. It’s my take that some of them are legit, and others are there to fleece the wealth out of our nation.
Some of the funds go to good causes, and a lot of it is diverted to leftist projects. What do you want to bet concerns like ACORN and others don’t see some of these funds along the way.
Who manages these projects? ACORN, some other leftist entities?
There is a full blown effort to take this nation down, and I see the fleecing of our citizens, to be part of that process.
We’re talking hundreds of millions if not billions from our citizens, and that’s not even touching on Gates and company. These funds would be better spent on investments, and things that make this nation grow.
Instead we’re being urged to give it away to the third world and such. Some, okay. This much, I think we’re being played.
>>> I wonder exactly what charities will receive these funds.
If you read the fine print, I suspect most of this “charity” will be in the form of funding new versions of institutions like the Ford Foundation.
They money is protected from most taxation, they get enormous personal and estate deductions, and the funds are administered by their highly paid nominees (such as grandchildren) to pay out only small portions of the income of the trust. The trust itself growing over time.
They can do what they want with their money, but it will mostly be wasted because they will rely on “experts” that will channel the funds to liberals. It almost always happens. Gates is a good example. He has spent a fortune on improving government schools. Like a thoughtless techie, he assumed that there were university “experts” who had a body of technical knowledge that just needed to be infused into the system. The money went to the “pedagogical fads du jour”, and the result was epic failure. Good thing for Gates that he doesn’t know that mothers in the hills of Tennessee without high school diplomas and who wear unstylish clothing are producing educational results that would humiliate Lakeside - Gates’ ever-so-expensive and exclusive prep school alma mater. Moreover, the mothers are doing it on a financial shoestring.
A very good observation, kind of like Hank Rearden and his brother Phil's request for $10,000. A request to go the "Friends of Global Progress." You know the kind of groups. The kind that raise the social conscience. Chapter 2, Atlas Shrugged, pages 38-43. It offers an interesting consideration of this type of socially moral endeavor.
"A chain," she said. "Appropriate isn't it? It is a chain by which he holds us all in bondage."
These leftist ought to give their money to small businesses to help them overcome government obstacles and succeed in this socialist climate. Maybe by doing so they would create a few jobs!
I would prefer they create businesses that create jobs.
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.
I wonder exactly what charities will receive these funds.
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The Democratic National Committee.