Posted on 01/25/2013 2:50:07 PM PST by Edmunds mom
I’m not sure how Ray Kroc’s kids made out (McDonald’s CEO), but his widow did some good with her inheritance. At her death, a big chunk went to the Salvation Army. Even though she was Jewish.
See my post 22
Kroc’s wife supported leftist causes quite unlike he would have...which was a real shame...underneath it all her predisposition for progressivism won in the eend
NPR, http://www.freerepublic.com/focus/f-news/1015500/posts...we even had a thread on her divergence from poor long dead Ray
But it’s actually not always the kids or wife even....but look at Heinz....GOP...left all that money to a loony leftist cougar and her gigilo
it’s the professional foundation managers who are usually from academia ...that are the real culprits
therein lies the problem
Not surprised....
Whether it is Free Trade (espoused by Marx, Keynes, Gore, and a lot of other leftists), government health care (notice how many multi-nat corps HAVE NOT been negative about ObamaCare?), or outright government subsidy of business...a lot of your wealthy and corp elites are quite socialist
Reality is a lot of rich folks today are just as addicted to the government teat as ShawNiqua in South Chicago
And m i l l i o n s went to PBS.
Here’s an interesting aside to the Packard story. I grew up in Los Altos, and one of my HS buddies was Packard’s neighbor in Los Altos Hills (his mom was pals with Lucille Packard).
I spent a lot of time up there, within spitting distance of Packard’s back yard, such as it was. My friend’s driveway was literally less than 50 feet from Packard’s rear windows.
The Packard family owns and lives on a large tract of apricot orchard in Los Altos Hills. Shortly after Dave Packard passed away, the entire property was ringed with steel or iron fencing. Prior to that, it looked like any other orchard/rural property in that area, with no fences or other security measures.
I was always curious about his lifestyle, as the house on the property was basically an old bungalow. It wasn’t ostentatious in the least.
Then you mention people followed her lead...please. Was Hurt, who cut R&D, trying to make HP the old company that was a creator not a follower following her? Plus his use of hookers - help. Then the next guy lasted what 6 months - he was planing to sell all the harware divisions built over two generations. Meg may still save HP. But they can't figure out that selling printer ink at huge profit margins and that never empty the package is a rip off and customers know it.
Based on your reply, it is clear you have know idea what HP was.
http://www.hp.com/hpinfo/abouthp/histnfacts/publications/timeline/
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