Thursday, August 05, 2010

Non-News: Billionaires Pact for Charities

Warren Buffett and Bill Gates announced yesterday that their challange to billionaires in America was overwhelmingly successful. The challange was to follow Messrs Buffett and Gates lead and give away their money to charities upon their death. That's supposed to be generosity? The choices are : 1) to let the government tax it away, 2) Gates and Buffett take it with them into the crypt, 3) give it to charity by way of a personal foundation and AVOID ALL TAXATION. The heirs will be paid handsomely to administer the fund. Gee. What a easy descision to make.

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