Your potential. Our passion. Their money.
Remember Lobbyist Jack Abramoff, who is serving six years in prison on a criminal case where he pleaded guilty to charges of conspiracy, fraud and tax evasion? Apparently Microsoft was one of the biggest employers of Team Abramoff, who were successful in increasing the number of H-1B visas in 1996, 1998 and 2000. With Jack now locked up, Guffett Jr. has taken to hoofing Capital Hill himself urging high tech worker immigration reform, though no word yet if he supports open borders for the rest of us.
“Can Guffett Sr. buy his way into Heaven with his charitable donation?" asks Mike Bower, Pastor of Adult Ministries, Woodland Park Baptist Church. "I come from a biblical world view. I can give you several scriptures where the word of God says that’s not the case. Mathew Six, one through four, says beware practicing your righteousness before men. Giving is not something we flaunt or publicize."
Though Guffett Sr. has agreed conditions in Sudan are deplorable, he believes divesting related holding would not help. "So it's hard to see how Buffett is a social investor," writes to Liz Umlas, Sr. Research Analyst at KLD, an independent investment research firm. "It seems that what he thinks is 'right' is maximizing returns regardless of the social consequences, whether that means investing in tobacco, or in companies that do business with the government of Sudan."
"Like a very wealthy but self-indulgent family, we peeled off a bit of what we owned in order to consume more than we produced," writes Guffett Sr. in his recent letter to shareholders. "The U.S. can do a lot of this because we are an extraordinarily rich country that has behaved responsibly in the past .... at some point in the future (there) will be a severe political backlash."
DEAL OR NO DEAL: Is it just me who takes perverse enjoyment in the philanthropy paparazzi effect? Since these Guffett posts get so few comments, I fear so. So unless there are any requests to continue, I think this shall be the last we hear of Melinda, Bill and Warren's most excellent adventures on this humble blog for the time being.