Thursday, July 20, 2006

Other Takes on Buffet and Gates

Ted Rall is a bitter, bitter man. But that's his charm. Recently he presented his contarian view of the Buffet/Gates mega charity by treating them as more successful robber barons then Ken Lay. When Buffet announced his donation makes of the commentry was quite positive, see here for cartoons on the conventional view of the Buffet/Gates charity merger.

Rall's objections can be boil down two main points. Wealth creation is not free. "Gates scammed his dough the old-fashioned way: overcharging his customers and underpaying his employees." Why should public services be dependent the whims of the charitable. We have already went down the route in the middle ages. "... good causes all, but maintaining Pearl Harbor is one of the reasons we pay federal taxes. Why does a national war memorial need help from Gates?"

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