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Just Some Billionaire Throwing His Money Around
#1
These billionaires  - throwing their money about with so little regard for decency or equality.

Oh wait...

https://www.stuff.co.nz/business/world/112900179/us-billionaire-robert-f-smith-will-pay-up-to-us40-million-wiping-students-loans
Love is... that one person whose freshly-warm toilet seat you don't find disgusting.
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#2
Not an altogether despicable maneuver, but it does point up the downside of noblesse oblige. If these pricks would just take the time to learn something from their overpriced educations about how to treat people, there'd be no need for this nonsense.

Call me a socialist, but a first class education should be free to anyone seeking to have it, paid for by income taxes. And the fat cat corporations and other obscenely rich fuckers need to pay too and bigly. Those who pursue a higher education will likely turn right around and contribute their fair share of income taxes back to the system.

Where's a downside? There no doubt is one or more.
You can lead 'em to knowledge, but you can't make 'em think.
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#3
(05-21-2019, 07:07 AM)sparks Wrote:  Not an altogether despicable maneuver, but it does point up the downside of noblesse oblige.  If these pricks would just take the time to learn something from their overpriced educations about how to treat people, there'd be no need for this nonsense.

Call me a socialist, but a first class education should be free to anyone seeking to have it, paid for by income taxes.  And the fat cat corporations and other obscenely rich fuckers need to pay too and bigly.  Those who pursue a higher education will likely turn right around and contribute their fair share of income taxes back to the system.

Where's a downside?  There no doubt is one or more.

"I chose to remain a domiciled taxpayer for a couple of reasons. The main one was that I wanted my children to grow up where I grew up, to have proper roots in a culture as old and magnificent as Britain’s; to be citizens, with everything that implies, of a real country, not free-floating ex-pats, living in the limbo of some tax haven and associating only with the children of similarly greedy tax exiles.

A second reason, however, was that I am indebted to the British welfare state; the very one that Mr. Cameron would like to replace with charity handouts. When my life hit rock bottom, that safety net, threadbare though it had become under John Major’s Government, was there to break the fall. I cannot help feeling, therefore, that it would have been contemptible to scarper for the West Indies at the first sniff of a seven-figure royalty cheque. This, if you like, is my notion of patriotism. On the available evidence, I suspect that it is Lord Ashcroft’s idea of being a mug".

- J. K. Rowling
"This is what you get when you send your brains on holiday." - TA
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#4
That was cool.

(shit...i hope i don't have to read the Harry Potter books now.)


hate to knock the guy that offered to cover those student's debts; classy move; he'll be a hero now.
Still, one must consider the breaks he got in amassing his fortune. Lots of rules were changed, in ways that favor money.
His 40 mil giveaway is less than 1/1000 of his net worth...an amount that normally would have been added through taxes.
And reasonable taxation, along with elimination of loopholes, would have gathered enough to enable free college.

Plus, he'll get some tax breaks for the gift. Hence, little skin off his back.

Still, it was a good move...given the alternative. Hopefully, others will follow suit.
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#5
Not everyone who needs the safety net will end up contributing like J. K. Rowling. But it's the right thing to do. Like giving blood. One doesn't really miss the pint they give, you get it back in short order. And if ever you really need a pint or two, it's there for you.

Human solidarity can be a wonderful thing. This is what's missing from the 1%.
You can lead 'em to knowledge, but you can't make 'em think.
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#6
Just wondering, if he was a white billionaire would you be asking if he was picking up the tab for any black kids?
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#7
(05-21-2019, 08:49 PM)Di Wundrin Wrote:  Just wondering, if he was a white billionaire would you be asking if he was picking up the tab for any black kids?

Affirmative action works. That's the point here. White kids aren't banned and there may well be whites in the class.

Billionaires have given billions to plenty of universities, and no doubt some of the kids have been black.
Love is... that one person whose freshly-warm toilet seat you don't find disgusting.
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#8
Eventually, if we live that long, race won't be an issue in the equation.
It will be more about the wealthy helping the poor.

And, possibly, an examination of the mechanism that enables obscene wealth.
And the process that might be necessary to mellow the disparity.

One needn't be a communist to be repulsed by the recent redistribution of wealth towards the very few, at the expense of the very many.
It's not a healthy trend, even for hard-core capitalists.

Unchecked, the trend will bite us all in the ass.
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#9
Just testing the 'racist' waters. I'm a bad girl.

We've had a few billionaires kicking in for good deeds, some who didn't too, but overall they've not been too mean.
Twiggy Forrest has poured a lot into boosting the skills of the Koori population in the mining regions. They get royalties to support them to some degree but he's working on making them self supporting with 'proper' skilled jobs, mostly in the heavy machinery mining game as that's what Twiggy does and knows about. Sure he probably gets a tax break on it but so what? If he didn't he'd still have more money than he can ever spend so it's not really a major point to make.
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#10
Not to sound like a democratic socialist or anything, cough cough, but there is something i find troubling in the generosity of the obscenely wealthy. First and foremost is how they amassed their fortune.
Was it parasitic in nature?
Or, were they just that brilliant...and deserved every penny?

A quick perusal of the world's wealthiest humans, and how they got there, should answer that question.
(Parasites and sociopaths; contributing almost zero to the well being and advancement of the human condition.)
Sure...there might be a few exceptions. I just can't think of any right now.

A lovely example is Jeff Bezos ex wife.
She might be worth 80 billion bucks now.

Bezos himself has amassed a fortune based on a fairly obvious idea. Good for him, right?
Extra good for him that Amazon doesn't have to pay any taxes. And he pays his employees shit wages.
So, of course he has earned his status as the richest mo-fo ever.

That's how brilliant he is. He earned every penny.
Same with the Waltons. Walmart. Fabulous intelligence, being rewarded in kind.

Some other fabulously wealthy people include various Saudi princes...whom earned their obscene wealth through their effort and brilliance.
It's fair and reasonable.

Then, there's various fabulous leaders of countries...like Marcos, or Idi Amin...that simply empty the coffers of their nation's wealth for their own.
We must respect their superior intelligence and contribution to society.
Mad respect is deserved, right? How does one become a billionaire as head of a poor country?

Obviously, because of their extreme intelligence...which should be rewarded. It can't be easy to split the scene in the Philippians, and walk with a few billion bucks. That takes some extraordinary skill.

I find it insane that we can't address this...that we tend to cling to the idea that billionaires earn their wealth.

No.
They don't.
They steal it.

They use to be called "Robber Barrons".
Their sociopathic greed and manipulations brought this nation to its knees.
FDR, and his new deal saved capitalism. He was able to convince these pricks that they needed to cough some up, or they would be killed by pitchfork. So they did. And we changed the rules that enabled that sort of vile shit. And America was pulled out of the depths of despair because of it.

Well...here we are again.

And someone like Bill Gates gets to come off as an angel, due to his generosity.

Horse shit.

he gets to have abnormal influence due to his tomfuckery....while making even more money in the process.

Falling for this crap is disgusting.
It puts the people that were robbed in the first place in a position of begging; gratitude...for the largess of the burglars.
We need to get past this worship, and fast.

Or we'll end up with a president that has billions; that brags about his success in business...as a qualification for the highest office.

It's insane that we don't have a cap on wealth.
It's worse that we admire it.
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