Everyone is commending Warren Buffet and Bill Gates for their philanthropic efforts. I don’t know who am to commend them as well, but bravo!
A major problem we have in this capitalist society is that wealth accumulates. Everybody knows this (except the trickle-down supporters and complete free-market purists) and what you’re left with a totally unbalanced society where people like Buffet collect ridiculous amounts of wealth. He’s an example of how you can use money to make more money without actually producing anything.
So I’m ecstatic hear that he’s giving away so much. That’s the only way that the poorest in the world will get help because the free-market won’t do it.
Now if we can only get the Waltons to do it. Sam left all his money to his kids and they pretty much just sit on it.