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Forum topic by GMman posted 08-05-2010 01:33 PM 1239 views 0 times favorited 28 replies Add to Favorites Watch
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3902 posts in 2736 days

08-05-2010 01:33 PM

Topic tags/keywords: question

Buffett recruits the wealthy for charity

04/08/2010 4:10:23 PM

Forty wealthy families and individuals have joined a campaign to give at least half their wealth to charity, according to a list released Wednesday.

28 replies so far

View jim C's profile

jim C

1463 posts in 2137 days

#1 posted 08-05-2010 01:47 PM

If all those guys would give half their wealth to me, I could get on the list, and I would promise to give half of it away too. Win, win for everyone.

-- When I was a boy, I was told "anyone can be President", now I'm beginning to believe it!

View GMman's profile


3902 posts in 2736 days

#2 posted 08-05-2010 01:49 PM

Let’s hope it all goes to charity.
Every time I give to RC, MS, Cancer or any other how much is really going to them?

View grizzman's profile


7618 posts in 2342 days

#3 posted 08-05-2010 01:54 PM

well im going to have to consider i was told by my banker that there bank could no longer store all of my money there….my mattress is bulging and the walls in my house are swelling…ive lost count of how many jars i have buried with 10,000 you see…this has come just in time…i would consider sending some to canada, but…the duties i would have to pay would just be lining some government official’s pocket…and i cant do that…thanks for the heads up on this…....i was really getting worried…...LOL..LOL…......

-- GRIZZMAN ...[''''']

View treeman's profile


208 posts in 2488 days

#4 posted 08-05-2010 02:28 PM

I’d be happy to participate with my share.

....Lets’ see…...... Government taxes get the first half. Insurance and medical get the second half. I get to keep the 3rd. half…. so that’s the part I can share.

View lwllms's profile


555 posts in 2320 days

#5 posted 08-05-2010 02:39 PM

Buffet & company put on an interesting public face. But then there’s also the reality:

View docholladay's profile


1287 posts in 2098 days

#6 posted 08-05-2010 02:54 PM

Hey Grizz, Where in Alabama is it that you live? I think I will just come and find your house. I can handle the heat to dig up a few of those jars. We can cut out the govt wrangling.

-- Hey, woodworking ain't brain surgery. Just do something and keep trying till you get it. Doc

View Betsy's profile


3022 posts in 2935 days

#7 posted 08-05-2010 03:11 PM

There will always be rich people and poor people it’s all in your perspective. I have friends that call me rich, but I assure you I’m quite lower middle class on the economic scale – but I’m rich to them because I have a little money socked away and they don’t. Is it the choices we make along the way? Probably so. I think we all need to give to charities and help the neighbors.

As for giving it away when you die——do a little estate planning and you’ll be amazed at how much you can keep away from Uncle Sam and actually give to your family, or a charity.

It all comes down to responsibility and ethics and how you view those two issues.

-- Like a bad penny, I keep coming back!

View CharlieM1958's profile


16097 posts in 3257 days

#8 posted 08-05-2010 03:34 PM

Buffet is a pretty rare bird among the wealthy in that he does not believe in passing down personal wealth from one generation to the next.

-- Charlie M. "Woodworking - patience = firewood"

View rance's profile


4196 posts in 2199 days

#9 posted 08-05-2010 03:46 PM

I’m not too impressed with this new giveaway. Seems like just one more way to get their names in lights. Now if they were giving anonomously, well then that would be a horse of a different color.

-- Backer boards, stop blocks, build oversized, and never buy a hand plane--

View HokieMojo's profile


2103 posts in 2767 days

#10 posted 08-05-2010 03:48 PM

I don’t see what the article you posted has to do with the individuals that have pledged to donate a significant portion of their estates. yes, they can continue to earn money while many of us have fewer opportunities, but that doesn’t diminish the fact that they are pledging to help those in need.

View Beginningwoodworker's profile


13347 posts in 2712 days

#11 posted 08-05-2010 04:27 PM

I am I not wealthy, I am just a poor woodworker from Alabama.

View Eric in Florida.'s profile

Eric in Florida.

3750 posts in 2614 days

#12 posted 08-05-2010 04:32 PM

They’d have to wrestle my wife for it…..good luck!

-- Nothing is particularly hard if you divide it into small jobs ~ Henry Ford

View spclPatrolGroup's profile


232 posts in 1933 days

#13 posted 08-05-2010 04:48 PM

If you read about buffett he really doesnt have anyone to give his money too after he bites the dust. He has kids and nieces and nephews and brothers, but he doesnt givce them any money, since they didnt work for it, he will happily reimburse anyone for college tuition, but beyond that they have to fend for themselves. I myself love money, and hope to have some oneday.

-- Dave, from ND "The mind is an infinitely long workbench, and its cluttered with half-finished thoughts and ideas, sometimes we need to clear off the workbench and start again from step one."

View TheDane's profile


4476 posts in 2702 days

#14 posted 08-05-2010 07:27 PM

I was a little surprised that I didn’t get a call from Buffet … guess I’ll just have to spend my money on MORE TOOLS! (LOL)

-- Gerry -- "I don't plan to ever really grow up ... I'm just going to learn how to act in public!"

View Knothead62's profile


2363 posts in 2000 days

#15 posted 08-06-2010 12:29 AM

I can’t participate! All my money is tied up in cash. There is some truth in the saying, “Charity begins at home.”

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