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Forum topic by GMman posted 08-05-2010 01:33 PM 1594 views 0 times favorited 28 replies Add to Favorites Watch
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3902 posts in 4091 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

1472 posts in 3492 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.

View GMman's profile


3902 posts in 4091 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


7836 posts in 3697 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 3843 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 3675 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 3453 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


3392 posts in 4290 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.

-- "Our past judges our present." JFK - 1962; American Heritage Magazine

View CharlieM1958's profile


16283 posts in 4612 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


4271 posts in 3554 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


2104 posts in 4122 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


13345 posts in 4067 days

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

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

View Woodwrecker's profile


4224 posts in 3969 days

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

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

View spclPatrolGroup's profile


233 posts in 3288 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.

View TheDane's profile


5646 posts in 4057 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


2600 posts in 3355 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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