Billionaires Giving Away Wealth

The evening news shows were all abuzz with the story that 40 billionaires had signed a pledge to give away the majority of their wealth to charity. What they do with that money is, of course, entirely their business.

One of the billionaires is NY City Mayor Michael Bloomberg. Bloomberg is quoted as saying,

“If you want to do something for your children and show how much you love them, the single best thing — by far — is to support organizations that will create a better world for them and their children,” Bloomberg said in his pledge letter, which was posted on the Giving Pledge’s website.

“A better world for them and their children.” Hmm. That sounds suspiciously like “do it for the children” which seems to be one of the more prevalent rallying cries of the gun banners. I would not be surprised to see Bloomberg to use some of his donations to push as much gun control as the courts will let him get away with.

After all, he accused Obama of dragging his feet on gun control earlier this year.


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