Billionaires Shouldn’t Give Their Wealth to Charity


There are few more wasteful, socially irresponsible things the wealthy can do than give away money

Warren Buffet, and other goofy, out of touch, guilt-ridden socialists have been pushing other billionaires to give away half of their money to charity.

But this would not be philanthropy. This would not be altruism. It would be a destructive blow against our society.

Why?

Because they would mostly be throwing that money down a black hole.

When, precisely, are Jerry’s Kids going to be cured? Jerry was panhandling for them halfway through the LAST century.

How about Red Cross? Why is it perennially struggling to make ends meat, when it managed to steal a billion dollars just from people giving to Katrina, Haitian Earthquake, and 9-11 victims?

Even the small percentage actually spent by a charity on the cause at hand just feeds existing needs. They spend the money and it’s gone. The problems remain. No charity has ever shut down because it solved its cause.

Those billionaires, on the other hand, have ALREADY given more to society than any, or in some cases, every charity combined.

Is Bill Gates worth sixty billion dollars? Then this reflects sixty billion other people voluntarily gave him, in return for software they must have valued at MORE than its asking price, otherwise they wouldn’t have bought it. Bill Gates, apparently, knows how to create wealth that benefits society…and every penny traded to him reflects that.

If he keeps the money and invests it in other wealth-creating ideas, he will do just that:

Create more wealth.

And THAT benefits society, more than all of the panhandling, anti-profit organizations ever do.

If he, or any other billionaire, wants to “give away” the money, then they should give it to ENTREPRENEURS.

The fool on Stossel right now, who says he’s giving away 75% of his six billion dollars, could simply hand out 4,500 one million dollar grants to the wildest, most unlikely, but serious and possible business plans and ideas they can find.

If just one percent of those ideas becomes a billion dollar company, he’s increased the benefit of his money to our society by TEN THOUSAND percent.

So he can toss it down the State-Mandated Non-Profit pit of poverty-enablement to be consumed by professional mendicants and vanish…or he can create a hundred times more wealth for our society, thereby permanently reducing poverty.

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How to Prevent another Haitian Disaster


It’s not enough to simply run around making feelgood gestures in a panic-stricken reaction to the earthquake in Haiti.

We need to address why this went as horribly as it did. Sure, a similar earthquake in New York City would kill millions of people, but in almost any other area of the world, whose population density was comparable to Haiti, it would not have been as bad.

A few years ago, Haiti suffered a similarly exaggerated catastrophe because of a hurricane, that caused more death there than it would have anywhere else.

And next time anything goes wrong, at this rate, it will cause a needlessly great level of death and suffering, unless something is done to fix the underlying problem.

Why, exactly, is Haiti so impoverished?

What situation has its major city full of large, but insanely dilapidated buildings?

That’s pretty simple…it’s something we’re moving toward in the US, although we have a long way to go:

This is the fate that awaits anyone trying to create wealth in Haiti


Socialism.

Haiti, some time back, was considerably more prosperous and stable.

Then Jean-Bertrand Aristide, self-described Marxist, overthrew its elected Parliament, slaughtered its businessmen, farmers, essentially anyone who brought prosperity to the region, and imposed a reign of socialist terror that made Cuba look like a capitalist Mecca.

It has continued to decline, despite a stream of foreign aid, ever since. Well, OK, foreign aid generally just causes more poverty, but the core problem here is the country’s Marxist government, creating the poverty that causes the aid to appear necessary.

What Haiti needs isn’t simply more handouts, but to end its own self-imposed third world economic situation, where creating prosperity and well-being is outlawed, and punishable by death.

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