Ft. Lauderdale, Fl USA
But, more than anything, what Mr. Buffett's $31 billion gift to the foundation that Mr. Gates runs with his wife, Melinda, shows is a common disdain for inherited wealth and a shared view that the capitalist system that has enriched them so handsomely is not capable alone of addressing the root causes of poverty.
As I said before, why not put Gates and Buffett on stage to speak instead of, or along with, Edwards? Would the Democrats be willing to do that? Of course not, if for nothing more than Warren's disdain for inherited wealth, which would make people like Kennedy and Kerry insignificant. Yes, people like Gates, Buffet and Walton believe that one should earn his wealth, pay his dollar and put his neck on the line for the chance to succeed. Is there something wrong with that? Success by hard work does not seem to be embraced by Democrats for some reason. One only needs to look at the attacks on Gates and especially Wal-Mart, the largest private employer in the country. For some reason these people needs to be characterized in the worst light possible by Democrat leaders,even while typing on their Microsoft-based computer and sending their maids to Wal-Mart.
If I remember right, the bulk of the Gates foundation deals with world poverty and discovering a cure for aids, among other things.
No, capitalism alone cannot address all of the concerns or roots of poverty. Which system can, or ever has? Do we trash it then...or do we do what Gates and Buffett do, take their own money that our system has allowed them to accumulate and do their own part to help the system....in other words, put their money where their mouth is? Sounds pretty reasonable to me. Seen Edwards, Kerry, Kennedy, Bill and Hillary, Pelosi, Reid, Boxer do that? Put Bush's charitable donations against Edwards'. Put Bush's energy-saving home devices against Gore's. See what you come up with.
No system will ever be able to address all of the concerns of the poor but, if you bother to look around the world, I think our system comes a lot closer that anyone else's.