34 billionaires pledge to give away 50 percent of wealth - GoFuckYourself.com

Amputate Your Head · 08-04-2010, 07:51 AM

34 billionaires pledge to give away 50 percent of wealth - Aug 2010
Gates, Buffett lead campaign to convince America's wealthiest to donate their fortunes

Thirty-four U.S. billionaires pledged Wednesday to give away at least 50 percent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.Among the billionaires joining the campaign are New York Mayor Michael Bloomberg, entertainment executive Barry Diller, Oracle co-founder Larry Ellison, energy tycoon T. Boone Pickens, media mogul Ted Turner, David Rockefeller and investor Ronald Perelman.

Gates and Buffett launched "The Giving Pledge" in June to convince hundreds of U.S. billionaires to give away most of their fortune during their lifetime or after their death and to publicly state their intention with a letter of explanation.

LINK

Wow, something useful from the rich people for a change.

TeenCat · 08-04-2010, 07:53 AM

hm serious business, respect!

BestXXXPorn · 08-04-2010, 08:28 AM

Quote:

Originally Posted by Amputate Your Head

Wow, something useful from the rich people for a change.

These "rich" people got rich by providing something so useful hundreds of thousands of people were willing to pay for it

This is way above and beyond :D

xmas13 · 08-04-2010, 08:28 AM

More on Perelman:

http://www.northjersey.com/news/9809...tance_law.html
http://money.cnn.com/2010/01/05/news...tune/index.htm
http://www.phillymag.com/articles/perelmans_at_war/
http://nymag.com/relationships/features/16463/
http://gawker.com/5443033/ellen-bark...f-ron-perelman

crazytrini85 · 08-04-2010, 08:35 AM

Either that or get ass raped by the new tax changes.

GatorB · 08-04-2010, 08:40 AM

Damn communist billionaires. How DARE they GIVE AWAY money. Don't they know they are supposed to give it to their spoiled lazy offspring so they don't have to actually WORK for living EVER? And they in turn give it to their lazy kids and so on for generations to come? Where are you going to get the Paris Hilton's of the world if people give away their fortunes?

GatorB · 08-04-2010, 08:41 AM

Quote:

Originally Posted by crazytrini85

Either that or get ass raped by the new tax changes.

Please. Give away 50% or give 50% ot teh tax man. Eitehr way you're out 50%. Oh wait even if the Bush tax cuts expire the max income tax rate is still under 40%.

seeandsee · 08-04-2010, 08:42 AM

fucking billionares, give me few mils

IllTestYourGirls · 08-04-2010, 08:45 AM

Quote:

Originally Posted by GatorB

Damn communist billionaires. How DARE they GIVE AWAY money. Don't they know they are supposed to give it to their spoiled lazy offspring so they don't have to actually WORK for living EVER? And they in turn give it to their lazy kids and so on for generations to come? Where are you going to get the Paris Hilton's of the world if people give away their fortunes?

Are you dense? People have a problem with the welfare system because it is NOT VOLUNTARY. Through taxation you are FORCED to give your money to people you may not want to.

Very few people have a problem with VOLUNTARILY giving money away. This is how it should be done.

Raf1 · 08-04-2010, 08:48 AM

now this is interesting. Let's just hope they really do it...

Pryda · 08-04-2010, 09:59 AM

Bill Gates is becoming more and more my personal hero.

Slick · 08-04-2010, 10:19 AM

NOW if they only keep that money IN the US, something good might be able to happen. I just hope it doesn't all go overseas

Agent 488 · 08-04-2010, 10:21 AM

meh it will get sucked up by bureaucracy, pay some fat salaries of charity admin and whatever.

Amputate Your Head · 08-04-2010, 10:22 AM

Quote:

Originally Posted by Agent 488

meh it will get sucked up by bureaucracy, pay some fat salaries of charity admin and whatever.

hmmm..... might be a good time for me to apply for a charity admin position.

Sabby · 08-04-2010, 10:24 AM

How much money do you really need.. before it becomes useless to you.

Sabby

stever · 08-04-2010, 10:26 AM

props to them

08-04-2010, 10:38 AM

fair play to them!

xNetworx · 08-04-2010, 10:55 AM

always an agenda

kowalsky · 08-04-2010, 10:58 AM

See to beleive.

kristin · 08-04-2010, 11:00 AM

That's pretty impressive.

I hope it actually happens.

Klen · 08-04-2010, 11:01 AM

Quote:

Originally Posted by GatorB

Damn communist billionaires. How DARE they GIVE AWAY money. Don't they know they are supposed to give it to their spoiled lazy offspring so they don't have to actually WORK for living EVER? And they in turn give it to their lazy kids and so on for generations to come? Where are you going to get the Paris Hilton's of the world if people give away their fortunes?

There is Chinese billionaires too and i don't see them giving money away.

beemk · 08-04-2010, 11:02 AM

Quote:

Originally Posted by Amputate Your Head

Wow, something useful from the rich people for a change.

those guys contribute more in a day to society than you have your entire life. lets take bill gates for example, providing an operating system for a great majority of computers in the world trumps creating some shitty porn site designs any day of the week. besides, how much money have you donated to charity recently?

_Richard_ · 08-04-2010, 11:16 AM

wonder what charities they're donating to

Mr. Romance · 08-04-2010, 11:23 AM

This is an estate tax move on there parts...The fucked up thing is that the money will be mismanaged I am sure and will be taken advantage of one way or another even with the trusts and trustees they put in place.

Mr. Romance

AmeliaG · 08-04-2010, 11:29 AM

Quote:

Originally Posted by IllTestYourGirls

Are you dense? People have a problem with the welfare system because it is NOT VOLUNTARY. Through taxation you are FORCED to give your money to people you may not want to.

Very few people have a problem with VOLUNTARILY giving money away. This is how it should be done.

Very well put.

Dcat · 08-04-2010, 12:57 PM

Well, isn't that nice of them.

THREE CHEERS FOR EUGENICS!!

bdld · 08-04-2010, 01:05 PM

Quote:

Originally Posted by Slick

NOW if they only keep that money IN the US, something good might be able to happen. I just hope it doesn't all go overseas

i hope it does go overseas, they need it more than the US does.

Half man, Half Amazing · 08-04-2010, 01:09 PM

Quote:

Originally Posted by IllTestYourGirls

Are you dense? People have a problem with the welfare system because it is NOT VOLUNTARY. Through taxation you are FORCED to give your money to people you may not want to.

Very few people have a problem with VOLUNTARILY giving money away. This is how it should be done.

Eliminate all taxes in favor of voluntary contributions? There goes the military, roads, schools....

BlackCrayon · 08-04-2010, 01:10 PM

im sure a large % will get eaten up in admin costs, etc like most charity does.

Dirty Dane · 08-04-2010, 01:10 PM

Quote:

Originally Posted by IllTestYourGirls

Are you dense? People have a problem with the welfare system because it is NOT VOLUNTARY. Through taxation you are FORCED to give your money to people you may not want to.

Very few people have a problem with VOLUNTARILY giving money away. This is how it should be done.

How can it be few if it's a democratic decision?

Robbie · 08-04-2010, 01:25 PM

Quote:

Originally Posted by Half man, Half Amazing

Eliminate all taxes in favor of voluntary contributions? There goes the military, roads, schools....

And good riddance! I'll be happy driving my jeep 100 m.p.h. on trails. Fuck the govt.

My kids are both in high school and don't learn shit there.

And the military? They are doing a great job of protecting us in case the Soviet Union decides to attack us in 1959

I want MY money bitches!

Amputate Your Head · 08-04-2010, 01:25 PM

Quote:

Originally Posted by beemk

those guys contribute more in a day to society than you have your entire life. lets take bill gates for example, providing an operating system for a great majority of computers in the world trumps creating some shitty porn site designs any day of the week. besides, how much money have you donated to charity recently?

An operating system he stole. Gates is a thief. Nothing more.

ottopottomouse · 08-04-2010, 01:38 PM

Quote:

Originally Posted by Dcat

THREE CHEERS FOR EUGENICS!!

Eugenics is a good idea though. Modern medicine means there is no longer the self eliminating effect of defective people not lasting long enough to reproduce.

Vendzilla · 08-04-2010, 01:53 PM

Them giving their money away to keep Barry from taxing it away is probably more of the truth

cykoe6 · 08-04-2010, 01:56 PM

Better them than me.

AlCapone · 08-04-2010, 01:56 PM

I joined this group, but can only pledge 45%. They said that's ok.

CYF · 08-04-2010, 02:05 PM

I'm impressed

bloggerz · 08-04-2010, 02:10 PM

big ups!

dirtybaker1331 · 08-04-2010, 02:16 PM

One hell of a tax write off

Good to hear people that have TOO much money doing something good. How much money does one person really need? It gets to a point where it's looked at as a high score than means to live.

Amputate Your Head · 08-04-2010, 02:24 PM

Well, they have an opportunity to do some amazing things with that amount of money. Let's hope wisdom prevails.

NetHorse · 08-04-2010, 02:32 PM

That's awesome. 50% to charity and in the next few years the rest in absurd tax hikes by the socialist Marxist regimen.

Spread the wealth.

_Richard_ · 08-04-2010, 02:41 PM

Quote:

Originally Posted by Robbie

And the military? They are doing a great job of protecting us in case the Soviet Union decides to attack us in 1959

I want MY money bitches!

awesome

Amputate Your Head · 08-04-2010, 02:41 PM

Quote:

Originally Posted by NetHorse

That's awesome. 50% to charity and in the next few years the rest in absurd tax hikes by the socialist Marxist regimen.

Spread the wealth.

Been thinking about this here lately.... way I see it, if it helps the charities or the economy or the homeless or disease stricken or federal deficit in any way, then good. Fuck the rich. No one needs $100 billion dollars to themselves. Put it to good use. And you can continue to call the gov Marxists or Communists or whatever you want, as long as the money is "spread", I don't care what you call the gov.

DaddyHalbucks · 08-04-2010, 02:45 PM

Quote:

Originally Posted by Pryda

Bill Gates is becoming more and more my personal hero.

Are you out of your mind? He is the biggest white collar criminal in history.

gmr324 · 08-04-2010, 04:27 PM

Very noble gesture. I hope they really follow through with it. It just means that their great great great great grandchildren won't be born financially independent.

Agent 488 · 08-04-2010, 04:36 PM

it's just self-preservation. they know the wealth gap between the have and have nots has exploded in the last four years and they think throwing some crumbs back will forestall the pitchforks of the mob.

bjlover · 08-04-2010, 04:44 PM

It is a lot easier to give half your money away when you are a billionaire and could never in your lifetime spend a fraction of what you have Than it is giving half your money away when you cant afford milk for your crying hungry baby

$5 submissions · 08-04-2010, 04:54 PM

Quote:

Originally Posted by BestXXXPorn

These "rich" people got rich by providing something so useful hundreds of thousands of people were willing to pay for it

Exactly. What's cool about this is it is voluntary and grass roots. Centralized "charity", like centralized economies, aren't very effective.

Spunky · 08-04-2010, 05:04 PM

Too bad more of them didn't give like that. most of it is a tax write off anyways

Platinumpimp · 08-04-2010, 05:14 PM

Quote:

Originally Posted by Slick

NOW if they only keep that money IN the US, something good might be able to happen. I just hope it doesn't all go overseas

Think outside the box.

08-04-2010, 07:51 AM	#1
Amputate Your Head There can be only one Industry Role: Join Date: Aug 2001 Location: Somewhere else Posts: 39,075	34 billionaires pledge to give away 50 percent of wealth 34 billionaires pledge to give away 50 percent of wealth - Aug 2010 Gates, Buffett lead campaign to convince America's wealthiest to donate their fortunes Thirty-four U.S. billionaires pledged Wednesday to give away at least 50 percent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.Among the billionaires joining the campaign are New York Mayor Michael Bloomberg, entertainment executive Barry Diller, Oracle co-founder Larry Ellison, energy tycoon T. Boone Pickens, media mogul Ted Turner, David Rockefeller and investor Ronald Perelman. Gates and Buffett launched "The Giving Pledge" in June to convince hundreds of U.S. billionaires to give away most of their fortune during their lifetime or after their death and to publicly state their intention with a letter of explanation. LINK Wow, something useful from the rich people for a change. __________________ SIG TOO BIG

08-04-2010, 07:53 AM	#2
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	hm serious business, respect! __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!

08-04-2010, 08:35 AM	#5
crazytrini85 Confirmed User Industry Role: Join Date: Jun 2006 Location: Over there. Posts: 817	Either that or get ass raped by the new tax changes. __________________ These are my top converting sponsors.

08-04-2010, 08:42 AM	#8
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	fucking billionares, give me few mils __________________ BUY MY SIG - 50$/Year Contact here

08-04-2010, 08:48 AM	#10
Raf1 Too lazy to set a custom title Join Date: Oct 2003 Location: Writer for hire :) Gallery descriptions, articles, blog posts etc. ICQ: 209 356 106 Posts: 12,117	now this is interesting. Let's just hope they really do it... __________________ 80% Revshare or 30$ PPS on $1 trials: 200 Niches = Vidz.com Galleries / FLVs / Embeds 3 & 5mins FLVs \| RSS & Tube Feeds \| Matching Thumbs \| FLV Browser & Exporter \| No Prechecked Xsales >> Mobile Redirection Script: mobile.vidz.com also paying 80% net Lifetime << ICQ: 198-394-557

08-04-2010, 08:28 AM	#4
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	More on Perelman: http://www.northjersey.com/news/9809...tance_law.html http://money.cnn.com/2010/01/05/news...tune/index.htm http://www.phillymag.com/articles/perelmans_at_war/ http://nymag.com/relationships/features/16463/ http://gawker.com/5443033/ellen-bark...f-ron-perelman

08-04-2010, 08:40 AM	#6
GatorB The Demon & 12clicks Industry Role: Join Date: Oct 2001 Location: SallyRand is a FAGGOT Posts: 18,208	Damn communist billionaires. How DARE they GIVE AWAY money. Don't they know they are supposed to give it to their spoiled lazy offspring so they don't have to actually WORK for living EVER? And they in turn give it to their lazy kids and so on for generations to come? Where are you going to get the Paris Hilton's of the world if people give away their fortunes?

08-04-2010, 09:59 AM	#11
Pryda Confirmed User Industry Role: Join Date: Dec 2005 Posts: 903	Bill Gates is becoming more and more my personal hero.

08-04-2010, 10:19 AM	#12
Slick Confirmed User Industry Role: Join Date: Feb 2001 Location: Houghton, MI Posts: 7,338	NOW if they only keep that money IN the US, something good might be able to happen. I just hope it doesn't all go overseas

08-04-2010, 10:21 AM	#13
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	meh it will get sucked up by bureaucracy, pay some fat salaries of charity admin and whatever.

08-04-2010, 10:24 AM	#15
Sabby Confirmed User Industry Role: Join Date: Jul 2003 Posts: 2,888	How much money do you really need.. before it becomes useless to you. Sabby __________________ Fuck off Last edited by Sabby; 08-04-2010 at 10:26 AM..

08-04-2010, 10:26 AM	#16
stever Confirmed User Join Date: Jul 2005 Posts: 1,715	props to them __________________ Brutal Bucks has extreme sites that convert!

08-04-2010, 10:38 AM	#17
Altwebdesign Guest Posts: n/a	fair play to them!

08-04-2010, 10:55 AM	#18
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445	always an agenda

08-04-2010, 10:58 AM	#19
kowalsky Confirmed User Join Date: Oct 2003 Posts: 2,494	See to beleive. __________________ Jimmy Kowalsky www.catchycash.com [email protected] ICQ - 7319094

08-04-2010, 11:00 AM	#20
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	That's pretty impressive. I hope it actually happens. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

08-04-2010, 11:16 AM	#23
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,986	wonder what charities they're donating to

08-04-2010, 11:23 AM	#24
Mr. Romance The Face of Romance and the Symbol of Freedom Join Date: Mar 2005 Location: The America's Posts: 7,821	This is an estate tax move on there parts...The fucked up thing is that the money will be mismanaged I am sure and will be taken advantage of one way or another even with the trusts and trustees they put in place. Mr. Romance __________________ Free Leads Program now paying up to $6 Gerard-Director of Global Sales Sign up Here: CamStarCash Check out: FreeCamStars ICQ: 330 662 299 gerard at freecamstars . com

08-04-2010, 12:57 PM	#26
Dcat Confirmed User Industry Role: Join Date: Aug 2003 Location: Mexico Posts: 1,607	Well, isn't that nice of them. THREE CHEERS FOR EUGENICS!!

08-04-2010, 01:10 PM	#29
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	im sure a large % will get eaten up in admin costs, etc like most charity does. __________________ you don't know you're wearing a leash if you sit by the peg all day..

08-04-2010, 01:53 PM	#34
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,201	Them giving their money away to keep Barry from taxing it away is probably more of the truth __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

08-04-2010, 01:56 PM	#35
cykoe6 Confirmed User Industry Role: Join Date: Apr 2005 Location: Vegas Posts: 4,499	Better them than me. __________________ бабки, шлюхи, сила

08-04-2010, 01:56 PM	#36
AlCapone Confirmed User Join Date: Sep 2003 Posts: 708	I joined this group, but can only pledge 45%. They said that's ok. __________________ "You can get more with a kind word and a gun than you can with a kind word alone.”

08-04-2010, 02:05 PM	#37
CYF Coupon Guru Industry Role: Join Date: Mar 2009 Location: Minneapolis Posts: 10,973	I'm impressed __________________ Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more! AmeriNOC Coupons \| Certified Hosting Coupons \| Hosting Coupons \| Domain Name Coupons

08-04-2010, 02:10 PM	#38
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08-04-2010, 02:16 PM	#39
dirtybaker1331 Confirmed User Join Date: Nov 2008 Location: San Diego Posts: 461	One hell of a tax write off Good to hear people that have TOO much money doing something good. How much money does one person really need? It gets to a point where it's looked at as a high score than means to live. __________________ Justin Baker [email protected] ICQ#: 635583207 Become an affiliate today!

08-04-2010, 02:24 PM	#40
Amputate Your Head There can be only one Industry Role: Join Date: Aug 2001 Location: Somewhere else Posts: 39,075	Well, they have an opportunity to do some amazing things with that amount of money. Let's hope wisdom prevails. __________________ SIG TOO BIG

08-04-2010, 02:32 PM	#41
NetHorse Confirmed User Industry Role: Join Date: Dec 2006 Location: Chicago Posts: 3,526	That's awesome. 50% to charity and in the next few years the rest in absurd tax hikes by the socialist Marxist regimen. Spread the wealth. __________________ ┌∩┐(◣_◢)┌∩┐ ICQ # 427013273

08-04-2010, 04:27 PM	#45
gmr324 Confirmed User Industry Role: Join Date: Aug 2006 Posts: 1,199	Very noble gesture. I hope they really follow through with it. It just means that their great great great great grandchildren won't be born financially independent.

08-04-2010, 04:36 PM	#46
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	it's just self-preservation. they know the wealth gap between the have and have nots has exploded in the last four years and they think throwing some crumbs back will forestall the pitchforks of the mob.

08-04-2010, 04:44 PM	#47
bjlover Confirmed User Join Date: Nov 2006 Posts: 514	It is a lot easier to give half your money away when you are a billionaire and could never in your lifetime spend a fraction of what you have Than it is giving half your money away when you cant afford milk for your crying hungry baby

08-04-2010, 05:04 PM	#49
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,928	Too bad more of them didn't give like that. most of it is a tax write off anyways __________________ CONTACT FOR YOUR INFORMATION HERE