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06/25/2006 11:27:53 PM · #1 |
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06/25/2006 11:29:49 PM · #2 |
| All in favor of giving the money to me say "I"....I I I I I I I I I I I I I I I I I I I I I I I I I I I |
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06/25/2006 11:30:20 PM · #3 |
Even if he gives most of it away, he'll still have more money left than I can expect to have earned in my lifetime... Good karma for him! |
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06/25/2006 11:30:33 PM · #4 |
I think that's an incredibly marvelous thing to do. I'm really glad he decided to do it now, while he can see what happens with it, than bequeathing it when he dies. He's a very normal, nice guy from what I've heard and read.
Of course, I think he should give me a million.... that's only a drop in the bucket, right? New lenses all around if he does. |
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06/25/2006 11:31:34 PM · #5 |
| What's his friend Bill sayin'? |
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06/25/2006 11:33:24 PM · #6 |
| He's giving a lot of it to his friend Bill's foundation, actually. |
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06/25/2006 11:35:08 PM · #7 |
durrr i missed this
"The Gateses credit Buffett, says Bill, with having "inspired" their thinking about giving money back to society. Their foundation's activities, internationally famous, are focused on world health -- fighting such diseases as malaria, HIV/AIDS, and tuberculosis -- and on improving U.S. libraries and high schools."
Message edited by author 2006-06-25 23:35:44. |
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06/25/2006 11:35:09 PM · #8 |
It's great that he's doing this... Although I would definitely be all for taking even a couple hundred thousand off his hands, it seems to be burning a hole in his pocket. He's a great and very generous guy for doing this, hats off to him.
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06/25/2006 11:36:41 PM · #9 |
How many people live in the US?
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06/25/2006 11:37:29 PM · #10 |
Originally posted by jusdino4it:
How many people live in the US? |
Still under 300 million iirc. |
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06/25/2006 11:40:22 PM · #11 |
| Yeah I vote on him giving like what would it be...a hundred bucks to every1 in the country |
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06/25/2006 11:44:16 PM · #12 |
Originally posted by jusdino4it:
Yeah I vote on him giving like what would it be...a hundred bucks to every1 in the country |
how about he does it based on the net worth of the person, more to the poor, less to the rich? |
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06/25/2006 11:45:19 PM · #13 |
Im game with that...i would end up w/ more..lol
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06/25/2006 11:48:01 PM · #14 |
I am glad he is giving it to the people that need it. I can work, may not be able to afford a lot but would take a hand out if it came my way.
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06/26/2006 12:12:19 AM · #15 |
I think that the principle of these foundations doing things like building school libraries and working on helping get rid of preventable diseases like malaria, cholera and so many other diseases that we from Western countries simply never worried about is a really good move.
I can't think of a single reason that it would be at all beneficial to give a hundred bucks to individuals..
Such a self-centered view of things...
There's nothing wrong with making money for yourself and keeping it to have a good life for yourself, but when you say that someone like Buffet gives away most of his money still has more money than you will ever see, you should remember that the amount of money that most people here make in a week is also more money than some people in some lands will ever see in their lives...
Yeah, five hundred bucks is a big deal to some people in some countries... |
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06/26/2006 01:48:42 AM · #16 |
Originally posted by eschelar:
There's nothing wrong with making money for yourself and keeping it to have a good life for yourself, but when you say that someone like Buffet gives away most of his money still has more money than you will ever see, you should remember that the amount of money that most people here make in a week is also more money than some people in some lands will ever see in their lives...
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Wow. Thank you for such an interesting perspective, eschelar. |
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06/26/2006 02:46:38 AM · #17 |
Originally posted by eschelar:
Yeah, five hundred bucks is a big deal to some people in some countries... |
well, I know few such people, in my country.
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06/26/2006 07:30:01 AM · #18 |
What I find interesting is that Bill has been visiting all these countries where people have so little, and I'm sure he's been finding some serious poverty in a lot of places... It's not too hard to find people that have literally just enough money for a bowl of rice to eat for their whole family for the whole day... And I'm pretty sure that a lot of these people AREN'T getting aid from many of the aid organizations that are currently making the collection rounds...
And what I find interesting (and he has found quite interesting too) is that he can go to some areas like this and find people who appreciate learning and work hard at it... While back in the home country, he's finding that the average student isn't even qualified to mop the floors at Microsoft...
Other countries have individuals who are financially poor, but I'm sure it's quite frustrating for him to hear people from relatively rich America wishing that they could have a peice of that pie... Just a further demonstration of a selfish attitude that quite frankly doesn't sit all that well with me.
Yeah, people in Billy G.'s home country do need handouts, but they don't hundred dollar bills.... They need books.
"Give a person a fish..." right?
I knew a lot of low-life street people in Canada because my sister chose to live on the streets. Even they have money to do stupid things like get drunk, get high and smoke... Heck some of them eat at restaurants occasionally... Go to their homes and you will find that many of them have glossy magazines that cost 5-10 dollars a shot laying about the place (everything from porno to Popular Science to Tattoo magazines... hardly a necessity) Most of them have the option of a roof over their heads... These people are the lowest of the low in Canada and yet even they don't even understand the meaning of poor...
Sure, some of these people genuinely need assistance and there is a basic human right to have a certain quality of life, but what place do even these people have to stick their hand out as if to take something away from people in real need..
Originally posted by zxaar:
Originally posted by eschelar:
Yeah, five hundred bucks is a big deal to some people in some countries... |
well, I know few such people, in my country. |
I'm sorry, but I'm not sure if I am reading this correctly... Do you know that you know few such people (as in not many) or a few such people?
Message edited by author 2006-06-26 07:31:43. |
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06/26/2006 07:44:02 AM · #19 |
Originally posted by eschelar:
What I find interesting is that Bill has been visiting all these countries where people have so little, and I'm sure he's been finding some serious poverty in a lot of places... It's not too hard to find people that have literally just enough money for a bowl of rice to eat for their whole family for the whole day... And I'm pretty sure that a lot of these people AREN'T getting aid from many of the aid organizations that are currently making the collection rounds...
And what I find interesting (and he has found quite interesting too) is that he can go to some areas like this and find people who appreciate learning and work hard at it... While back in the home country, he's finding that the average student isn't even qualified to mop the floors at Microsoft...
Other countries have individuals who are financially poor, but I'm sure it's quite frustrating for him to hear people from relatively rich America wishing that they could have a peice of that pie... Just a further demonstration of a selfish attitude that quite frankly doesn't sit all that well with me.
Yeah, people in Billy G.'s home country do need handouts, but they don't hundred dollar bills.... They need books.
"Give a person a fish..." right?
I knew a lot of low-life street people in Canada because my sister chose to live on the streets. Even they have money to do stupid things like get drunk, get high and smoke... Heck some of them eat at restaurants occasionally... Go to their homes and you will find that many of them have glossy magazines that cost 5-10 dollars a shot laying about the place (everything from porno to Popular Science to Tattoo magazines... hardly a necessity) Most of them have the option of a roof over their heads... These people are the lowest of the low in Canada and yet even they don't even understand the meaning of poor...
Sure, some of these people genuinely need assistance and there is a basic human right to have a certain quality of life, but what place do even these people have to stick their hand out as if to take something away from people in real need..
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yup. after 6 years in africa, coming back to canada was a shock. the waste and complaining... gah.
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06/26/2006 08:18:21 AM · #20 |
On my second trip back to Canada since moving to Taiwan, I was in Vancouver waiting for a bus to take me to the ferry when this woman walks up to the bus stop and starts asking the people one-by-one for money...
One smart Vancouverite lady turned around and said to her quite curtly: "I do have money for people who need it, but I have nothing at all for you. There are plenty of things available in this city for you if you really do feel a need."
She proceeded to list off three places within 15 minutes walking distance where the woman could get a hot meal, a shower, clothes washed, grooming and hygeine taken care of as well as two places where the woman could stay the night in a clean and safe environment. She further stated that it looked like the woman (who was probably in her early 40's) was fairly sound and could surely find some sort of work, even if menial.
The woman didn't even flinch. She looked back at her and replied that she knew about all those places, and that she was actually quite fit to work, but just didn't feel like it.
She wandered off. I'm quite glad that she didn't approach me because I wouldn't have had such a neat (or polite) answer for her...
When I lived in Victoria, I could list off around 14 different places in the downtown core that had free meals available. And the standards are quite high... I once tried to donate several hundred dollars of organic foodstuffs from the department that I managed that couldn't be sold because the date stamper made a typo on the year... On products that were shelf stable almost indefinitely... They were accepted, but it took me 20 minutes to explain the process and that the product had indeed been verified to the source, but still couldn't be sold or relabeled due to packaging laws and company policies.
Pretty damned high standards for people who (in Victoria) in 60% or more of the cases have chosen such a lifestyle at the expense of others...
Waste and complaining indeed. |
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06/26/2006 08:32:23 PM · #21 |
Originally posted by eschelar:
There's nothing wrong with making money for yourself and keeping it to have a good life for yourself, but when you say that someone like Buffet gives away most of his money still has more money than you will ever see, you should remember that the amount of money that most people here make in a week is also more money than some people in some lands will ever see in their lives... |
When someone like Buffet gives away most of his money and still has more money than I will make in my lifetime, I am not all that impressed. When someone who has less than me gives someone more needy 5 bucks, then I'm impressed... |
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06/26/2006 08:36:29 PM · #22 |
| So they say he has over 40 billion. If he gives away $39 billion, that still leaves him with $1 billion. That's way more than enough to live comfortably for the rest of his life. |
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06/26/2006 08:38:53 PM · #23 |
Originally posted by cfischl:
So they say he has over 40 billion. If he gives away $39 billion, that still leaves him with $1 billion. That's way more than enough to live comfortably for the rest of his life. |
Yeah since he is, what, 75 years old! |
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06/26/2006 08:50:33 PM · #24 |
Originally posted by thegrandwazoo:
Originally posted by cfischl:
So they say he has over 40 billion. If he gives away $39 billion, that still leaves him with $1 billion. That's way more than enough to live comfortably for the rest of his life. |
Yeah since he is, what, 75 years old! |
Look up his name in Google and read about his lifestyle. Very spartan for a billionaire - I've been impressed with him personally. A couple of his companies have caused me pain - but I applaud him for his move. Much better to try to leave the world a better place than to turn more spoiled children/grandchildren into bigger monsters with huge payouts on his death.
However, even if he's only got an estimated $1 billion to dispose of at death, I guess you COULD spoil some people with that kind of money.
(if you can guess what I edited, I'll send you a Tootsie Roll) :-p
Message edited by author 2006-06-26 20:52:52.
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06/26/2006 08:53:20 PM · #25 |
| What are his companies....(by the way...i still WANT THAT MONEY!!!!!) how cool would it be if he had like a contest. |
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