Japan's tragedy

[arilou]

I would be curious what the 10% of the American population who owns half the nations wealth gives to charity. I mean we hear often about how rich Zuckerboy and Warren Buffet are but how much are they giving to something like Japanese relief efforts? Notice the stories of their accumulated offshore wealth never coincide with stories of a disaster.

[Lord Pein]

I would be curious what the 10% of the American population who owns half the nations wealth gives to charity. I mean we hear often about how rich Zuckerboy and Warren Buffet are but how much are they giving to something like Japanese relief efforts? Notice the stories of their accumulated offshore wealth never coincide with stories of a disaster.

I have always wondered this. Not on a sheer dollar amount though, but as a % of net wealth. I feel that a lot of people assume that wealthy people should donate all this money to whatever cause; but are expecting them to donate a much greater percent of their net wealth than they donate themselves. (Hope that made sense)

[apparition]

I have always wondered this. Not on a sheer dollar amount though, but as a % of net wealth. I feel that a lot of people assume that wealthy people should donate all this money to whatever cause; but are expecting them to donate a much greater percent of their net wealth than they donate themselves. (Hope that made sense)

Not really. Wealth is not a dollar amount like income/net income, so I don't know what you mean by percent of net wealth. I may not get the tone of your post, but it seems that you are saying that non-rich people who don't give the same percentage of their net income or savings to charity as they expect rich people to give are being hypocritical, which doesn't make sense to me. Expecting someone worth $1,000,000 to donate $100,000 is way different than expecting someone worth $1,000 to donate $100.

[syllabear]

The more money you have, the more you want. Rich people are tighter with their money than poorer people. Look at the tales from Mother Theresa, about when she gave one family some food, they shared it with another family, even though there wasn't even enough to fill them.

As for this disaster, it is simply that. Appa, I think the numbers are going to be much higher than 20,000, perhaps between 30 and 40,000 all told.

[nsh22]

http://givingpledge.org

[Lord Pein]

cats

You understood what I meant perfectly fine. I agree, there is a huge difference; but I would imagine that the feeling is still the same. If you were asked to give up 50% of your... er... money(? (whatever people are referring to when they say things like "Bill Gates has 65 billion dollars (disregard the exact number)")), I would imagine that no matter how much money you have, the feeling will be almost the same.

BUT

I do understand that some people have barely enough to "live" in the U.S. and cannot afford to donate much at all.

I also understand that some people have barely enough to comfortably live in the U.S. and cannot afford to donate much at all.


@Sylla: that is not necessarily true.

[Phytotron]

Look at the tales from Mother Theresa....

http://en.wikipedia.org/wiki/The_Missionary_Position