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Oxymoron Time: Why Aren't Rich People More Generous?  email this discussion to a friend?

myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life 3 years ago

Funny how one discussion can lead into another. I just did a discussion about the "Foreclosure Angel"---a woman who is by no means rich, not a millionaire, not a billionaire, but has a generous heart and started a foundation to help needy people whose homes are going into foreclosure and would possibly be homeless--she "buys" the foreclosed home and returns it right back to it's owner.

So it got me thinking..uh, yes, I do that from time to timeblush

Now I'm not saying that all the billionaires and millionaires AREN'T generous and do help needy causes...many may be outright philanthropists and give money to causes without a second thought as its a drop in the bucket and maybe they understand the principle behind "what goes around, comes around"...what you give out comes back to you multiplied...but it seems to me, most people who are well off, never have to worry about money, can come and go wherever, whenever they want (in private jets) are the biggest tightwads going---WHY IS THAT? As they say, you can't take it with you and no doubt when the person dies family feuds will ensue about who gets what

Has this thought ever come across your mind? That being why the extreme wealthy aren't more giving and generous, or do you think they are just too wrapped up in their own world to give a crap? As an example....the CEOs of the car companies could have probably bailed out their own companies and secure those jobs of their own working people out on that assemblyline cranking out those cars

 

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tags:  money, rich people, american dream, andrew carnegie, blackmail
 
1. myLot reputation of 92/100. blue65packer (6173)   ranked 541 out of 32,962 in life   3 years ago

I believe some rich people don't like to be giving because they are cheap skates and like to be selfish! I also think some rich people are like that because they didn't struggle to get to where they are! They were born into it! They don't know what it was like to have no money and work their way to the top like some have! This is what I think!


myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

Yes its the ones in particular that were born into wealth that are probably the biggest cheapsakes and only think about themselves...they don't have to really work at all and the only "srtuggle" they have is to pick out that new designer gown that goes for several thousand dollars...mmmmm...thinking of Paris Hilton in particular...LOL


myLot reputation of 92/100. blue65packer (6173)   ranked 541 out of 32,962 in life  3 years ago

I was thinking of Paris Hilton when i wrote my response! She is the worsest of the worsest!


myLot reputation of 48/100. sndcain36 (2691)  3 years ago

http://www.looktothestars...

A list of the charities Paris Hilton supports

And her grandfather plans to leave his entire fortune to charity

http://www.guardian.co.uk...

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2. myLot reputation of 98/100. moondancer (4017)   ranked 3,195 out of 32,962 in life   3 years ago

I agree but they figure that the money they have is there's and why should they use it for anything? They are selfish, if only they would have thought they could have loaned the company the money with stupilations like the government was doing with our money that they used. I think they also figure they earned that money and they can do as they wish with it, which is to hold on tight unless it's something that they want to buy with it.
If only they would have known that they would continue getting money if only they had used some of it to loan the company as they would also still be getting paid, twice actually...their salary and interest on the loan.


myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

Did you hear about the story from last year?...I did a discussion about that, where this person was at an auction and won a "vanity" license plate...to the tune of $14 MILLION dollars--like huh?confused He could have done so much"good" with that money instead.


myLot reputation of 98/100. moondancer (4017)   ranked 3,195 out of 32,962 in life  3 years ago

But he did do good with that money....he spent it on something frivolous that he wanted. lol That's what they do since that was probably just pennies to him. It would have been nice if he had taken that money and did some "real" good with it. They get a tax break for what they donate for causes. And he could have gotten interest on that money had he built many houses and sold them for as little a month that he could so that people could actually afford to buy a home.

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3. myLot reputation of 99/100. lilaclady (22763)   3 years ago

I guess in defence of big companies they have to answer to shareholders and such, but I have never understood rich people who keep going on doing everything to rake in more, we can only use so much for ourselves and we can't take it with us so why do they put themselves through all the stress of earning and earning. I am afraid I will never be rich, I only live on a small income myself but I love to give pressies and share what i can, there is no better feeling than sharing. Sometimes I wish we had useby dates tattooed on us so I could give everything I own to people I care about before I go, no I will never be rich....giving is wonderful....


myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

I've actually have heard that the very wealthy are the most stressed out people going as they are always worrying about their money and assets...afraid of losing it all...actually many of the billionaires did lose a significant amount of money when the stock markets went haywires many months ago. Ah... *sighs* I do have aspirations STILL of making it big and rich---if anything so I CAN give money away and perhaps open an animal/pet sanctuary :-)


myLot reputation of 99/100. lilaclady (22763)  3 years ago

Oh Pye I would love to do that as well, there are a number of people who have set up societies and actually rescueing the animals on death row in the shelters, I support these people and think they are earth angels...

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4. myLot reputation of 99/100. ElicBxn (24693)   ranked 106 out of 32,962 in life   3 years ago

I look at the local millionaire here in Austin, the Dells. They have given loads of money to charities. And as much trouble as Dell computers is in, they still have helped many people around Austin. Dell Children's Hospital and Dell Jewish Community Center as just 2 of them.


myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

I wasn't even aware that dell computers were in trouble--I'll have to look up about the Dells..yikes didn't even know Dell computers were named after people (family)blush

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5. myLot reputation of 93/100. Sweetchariot (988)   ranked 1,839 out of 32,962 in life   3 years ago

Unfortunately, the more money they have, the more homes they purchase, the more toys they buy, and the more luxuries they attain. Therefore, they need their money to support all of these things.

If you ask them why they aren't generous enough, they would most likely say that they do give to numerous charities, but don't go bragging about them. I think this is an easy way out of having to give an answer on why they just can't help the simple folks they come in contact with everyday. Certainly the Charities need rich folks to give...Cancer funds, etc, however, are they willing to help the neighbor down the street who is in desperate need of help, or a homeless guy who is obviously in need of a hand. Certainly there is way for them to help those in their area without having their money go to a charity organization all the time.


myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

Actually it would make more sense for rich people to give to those in need near in the area that they live in...the homeless, the desperate neighbor...I'm kind against charities to begin with since not all the money donated is actually used for the cause in hand but to pay for the overhead, paying staff, and mailing all those tons of letters to solicit for money...there's one organization that has an ad on the radio...forget which one, but it's one of those deals where one can "donate" their old car---they will even come by to pick it up AND will give the donater a voucher for a paid vacation....like huh? Seems weird--they are trying to "raise" money and they give vacations away?????

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6. myLot reputation of 99/100. walijo2008 (4169)   ranked 1,583 out of 32,962 in life   3 years ago

I think most of them are too wrapped in their own lives and don't give a crap about the less fortunate. I always thought that if I ever became rich, I'd be sure to remember the needy people because I know what its like not to have much. I'd try to be generous with what I had. Like you said, you can't take it with you why not spread it around.

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7. myLot reputation of 92/100. underdogtoo (8736)   ranked 1,878 out of 32,962 in life   3 years ago

It might seem like a good thing but it is akin to giving food to the people on the streets. They get fed not because they worked for it but because they were able to blackmail some people emotionally. It is a drop in the bucket of suffering and nothing much is really being accomplished. Cheers!!

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8. myLot reputation of 97/100. bing28 (2524)   ranked 3,560 out of 32,962 in life   3 years ago

There are also few among them who are generous and kindhearted but we can expect more generosity from those middle income people who are satisfied of getting theit needs and believed they can help others with what exceeded to them. Other rich people thought once they help the poor, they would be abusive and won't care to earn a living anymore but would just depend on them. So they won't try helping. If you notice there are rich personalities who even appeal to public for help to a certain cause or individual instead of helping by themselves, when come to think of it, they can afford to. Sometimes however when a much publicized case is in need of help other rich people are more likely to help, why to gain publicity. No offense however to some who's generosity really are in their hearts already. Those who put into life, the words of God, to love their neighbors.

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9. myLot reputation of 75/100. heathcliff (811)   ranked 3,435 out of 32,962 in life   3 years ago

I agree that MANY people in a position of wealth (which we must remember is also subjective and relative) DO give to charities and friends/family.

What I often see in those who are NOT generous is a basic belief system that is tied very strongly to the "American Dream" and capitalism as a (nearly religious) mentality:

These people believe their hard work and willpower provided them with their wealth and similar results are available for anyone who is willing to work hard enough. Therefore they would be doing a disservice to others by giving their money away. They would see that as encouraging the receipients to fail. It is the same mindset that despises government public assistance programs.

To them, you see, it is all very logical because they are approaching it from a different "religious" starting point and set of rules. There is no "what you give out comes back to you multiplied" in their philososphy.


myLot reputation of 48/100. sndcain36 (2691)  3 years ago

That is patently and demonstrably untrue.

Here are just a few of the wealthy philanthropists that utterly debunk your every word:

Bill and Melinda Gates
Richard Branson
Dale Carnagie
The Hilton Family
The Kennedy Family
Michael Mayor Bloomberg
Warren Buffet
Oprah Winfry
Steven Spielberg
Cindy McCain

Combined they give away trillions of dollars and you'd be hard pressed to find a wealthy person who doesn't give away a significant portion of his/her wealth. Certainly they've done more for the world than anyone in this discussion.

It is a lie to claim rich people aren't generous.







myLot reputation of 98/100. pyewacket (12221)   ranked 239 out of 32,962 in life  3 years ago

To quote you: These people believe their hard work and willpower provided them with their wealth and similar results are available for anyone who is willing to work hard enough
I don't particularly agree with that since many people are genuinely hardworking yet never reach millionaire/billionaire status

As for the religious angle...disagree again, since many people who are wealthy and who are generous perhaps in their religious upbringing believe in the tithing concept so yes there is that what you give out comes back to you multiplied concept in their lives

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10. myLot reputation of 98/100. mama_bear (591)   ranked 4,030 out of 32,962 in life   3 years ago

well it all depends on whether they are the noueau riche or not. the newly rich, by this i mean those who did not come from money and those who were not born with a silver spoon in their mouth, they have known what it is like not to have money and they do not ever want to be without it, so they hoard it. in some cases they contribute the minimum amount possible to make it look like they care and are not selfish, basically for PR purposes. then there is the old rich who also have forebearers who worked hard to get them their station in life some of these are very greedy and their money means a lot to them because it comes with a status and they do not want to lose that, and they try to keep up with the jones' and if possible accumulate more wealth than them. and they want everyone else to work hard for their money. this is all speculation on my part of course.


myLot reputation of 48/100. sndcain36 (2691)  3 years ago

That is actually untrue. Lottery winners are usually broke within five years and we've all heard stories of celebrities ending up penniless because they didn't know how to manage their money.

Legacies like the Carnegies and Hiltons and even the Kennedys usually do better at managing money than the nouveau riche.

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