Monday, June 26, 2006

Yummy

Looks like Warren Buffet has a heart after all. Or, like Henry Ford a century ago, is desperately fearful of a rebellion amongst the masses. Anyway, $30 billion is no small chunk of change.

The significance of the gift is not in its size alone, though. Reportedly, Buffet intends for his entire annual contribution to be spent within the year, rather than invested as is done by most philanthropies. Thus the immediate good will be much greater, as the principal, rather than only the interest, will go towards immediate needs. A good friend of mine has referred to this difference as solving problems today instead of in 200 years.

Only question now is: how do I get me some of that?

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