Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

Monday, December 09, 2024

Be Like MacKenzie Scott ... Cuz It's Pisses Off Elonia Musk

I laugh at Elon Musk because, while he’s super-rich he has never created anything; he has just copied someone else’s homework, or bought it, and then passed it off as his . And that’s why I love it when he gets schooled … like this:

In a post on X—the social media platform he did not design or build but bought and slapped an X onto—that he has since deleted he cagily mentioned MacKenzie Scott, former spouse of Amazon Asshat Jeff Bezos:

“Super-rich ex-wives who hate their former spouse [should be listed among] reasons that Western Civilization died.”

In response, MacKenzie Scott spoke softly and carried her big wallet and announced that she is donating $640 million to 361 different charitable organizations this year, well more than twice the $250 million she pledged to give away last year. The open call for applications initially planned for 250 awards of $1 million each but according to Yield Giving, the foundation Scott created:

In light of the incredible work of these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount.

The 279 organizations in the top tier of scores received $2 million each and the 82 organizations in the next tier received $1 million each.

This year’s awards bring Scott’s total lifetime philanthropic giving over the past five years to approximately $17.2 billion, close to half the $36 billion in Amazon stock she received in her divorce settlement.

BAM!

And this is what MacKenzie Scott had to say about her wealth in 2019:

In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait. And I will keep at it until the safe is empty.

Good for her, because how she elects to spend her money is up to her—though I’m sure Elon subscribes to the “your bank account, my choice” bull shit: I mean wonder how Elon would respond if anyone, and god forbid a woman, were to tell him how to spend his money.

Now, perhaps Elon disagrees with her  approach, or with some of the organizations chosen to receive donations, and that’s his right, as it is his right to express how he feels. But then Elon also said this at one point:

“Constantly seek criticism. A well-thought-out critique of what you’re doing is as valuable as gold.”

But “super-rich ex-wives blah blah blah” is not a well-thought-out critique; it’s more of a butt hurt man whimpering about a woman with money which may be why Scott didn’t respond. Instead of dwelling on negative emotions from some asshat who, again, has never built anything and offers up no good deeds with his coins ever, Scott knows she cannot control Musk though she can control her response.

Which clearly was not just to stay the course and keep on donating and donating, but to literally double down on her donations, not in response to Elon because he is not worthy of it, but because she believes in what she’s doing, and in the work of the organizations her foundation chose to fund.

“And I will keep at it until the safe is empty.”

In a world of Elon Musks, whose business venture he did not create, but bought and watched them explode on the highways or catch fire in the driveways or implode of the internet, be a MacKenzie Scott.


Wednesday, July 11, 2012

Hey Mittsy Fans? COMMON Folks Vote, Too

Mittsy had a big fundraiser in the Hampton's recently, at the home of conservative billionaire David Koch, who never met a political office he didn’t want to buy; and make no mistake, you Mittsy supporters out there, Koch has said he will buy the presidency and once these kinds of deals are made then you can forget about having any say at all in politics unless you have a monster bank account.
And a great deal of Mittsy’s base—those with huge bank accounts, those with huge bank accounts, like Mittsy, who pay a smaller percentage of their income in taxes than a school teacher pays, those with huge bank accounts who, like Mittsy, keep their money out of the country, in Swiss accounts and Cayman banks, rather than invest in their own country. Those with huge bank accounts who, like Mittsy, think $375,000 a year isn’t a lot of money.
Yeah, those people; the One Percent.
They came with high hopes for the GOP candidate; high hopes, some words of advice, and, well, not their names because……
One man, a “money manager,” said it was time for Romney to "up his game and be more reactive." He said Romney has been very “timid” so far. He also said, well, that was all he said because he wouldn’t give his name because he said it would hurt his business.
He supports Mittsy, but he doesn’t want to announce it. That’s real support people.
So was a woman who also would not give her name; she said Romney needed to do a better job connecting with, um, common people. Direct quote from nameless, faceless, lady with a full wallet, Romney supporter:  "I don't think the common person is getting it."
Common. Schoolteacher paying more of their income in taxes than Mittsy common.
She goes on, blathering:  "We've got the message, [but] my college kid, the baby sitters, the nails ladies—everybody who's got the right to vote—they don't understand what's going on. I just think if you're lower income—one, you're not as educated, two, they don't understand how it works, they don't understand how the systems work, they don't understand the impact."
Common folks are dumb. That’s Mittsy’ base. Remember when W made that lame ‘joke’ about the elite wealthy being his base? For Mittsy it is no joke.
See, to drive out to the Hamptons and rub shoulders with Mittsy costs a lot; and not just in the fat check you might write, but in how this country will change, better for the 1%, worse for the rest of us, if Mittsy takes office. Romney's luncheon with House Majority Leader Eric Cantor cost $25,000 per person. At the evening fundraiser at the Koch estate the suggested contribution was $75,000 per couple.
That’s a lot of money for common folk. And any way you look at it, we can’t afford it.


source

Wednesday, November 26, 2008

Words


Narrow Your Focus: The Whole World As A Hundred People--57 Asian, 21 Europeans, 14 from the Americas, 8 Africans
--52 Female, 48 Male
--70 of various Races, 30 Caucasian
--70 Non-Christian, 30 Christian
--89 Heterosexual, 11 Homosexual
--59% of the world’s wealth would be in the hands of six people
—all citizens of the United States
--80 citizens would live in substandard housing
--70 would be unable to read
--50 would suffer malnutrition
--1 would be near death; 1 near birth
--Only one would have a college education
--Only one would own a computer