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Forum topic by GMman posted 1449 days ago 1056 views 0 times favorited 28 replies Add to Favorites Watch
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GMman

3902 posts in 2295 days


1449 days ago

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

1452 posts in 1696 days


#1 posted 1449 days ago

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!

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GMman

3902 posts in 2295 days


#2 posted 1449 days ago

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

grizzman

6782 posts in 1901 days


#3 posted 1449 days ago

well im going to have to consider this..as 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 each..so 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 ...[''''']

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treeman

208 posts in 2047 days


#4 posted 1449 days ago

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

lwllms

535 posts in 1879 days


#5 posted 1449 days ago

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

http://tinyurl.com/2bsaxz5

View docholladay's profile

docholladay

1286 posts in 1657 days


#6 posted 1449 days ago

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

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Betsy

2913 posts in 2494 days


#7 posted 1449 days ago

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!

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CharlieM1958

15655 posts in 2816 days


#8 posted 1449 days ago

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"

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rance

4125 posts in 1758 days


#9 posted 1449 days ago

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

HokieMojo

2097 posts in 2326 days


#10 posted 1449 days ago

lwllms,
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

Beginningwoodworker

13337 posts in 2271 days


#11 posted 1449 days ago

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

-- CJIII Future cabinetmaker

View Woodwrecker's profile

Woodwrecker

3560 posts in 2173 days


#12 posted 1449 days ago

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

-- Having fun...Eric

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spclPatrolGroup

174 posts in 1492 days


#13 posted 1449 days ago

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, Fargo ND "Bad spellers of the world, UNTIE!!"

View TheDane's profile

TheDane

3650 posts in 2261 days


#14 posted 1449 days ago

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

Knothead62

2342 posts in 1559 days


#15 posted 1449 days ago

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

showing 1 through 15 of 28 replies

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