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Well, he claims that at some point in his life he's going to give 99% to an LLC he controls, and that the LLC will donate some of that money (it's uncertain to
by Chathamization 11y ago
Well, he claims that at some point in his life he's going to give 99% to an LLC he controls, and that the LLC will donate some of that money (it's uncertain to who or for what), invest some of that money (again, uncertain as to where), and use some for political lobbying (uncertain as to what cause). He's also had a bad track record when it comes to some of his donations (see the Newark schools).
So yeah, he might do great things with it, or he might not. We don't have much to go by, other than the fact that he's made a big announcement before he's actually willing to tell us what he's doing, which points to this being a vanity project more than anything.
Even if he does great things with it (which we have no way of knowing at the moment), it doesn't mean that he's above criticism. Some politicians will have massive turkey give-aways to boost their popularity; organized crime leaders are often known for their generosity in their communities. In the world we live in, it's worth taking a look at the person as a whole as well as what their motivations are, rather than just praising any gifts while ignoring ulterior motives.
- mikeash 11y agoI'm not saying he'll do great things, or that we should praise him. I just don't understand criticizing him because he's not doing it just right. Not because he's doing something bad, but merely because he's not doing something good enough. If and when he does something bad, go wild with the criticism. But making your "charitable foundation" an LLC does not qualify, nor does any of the other stuff I've seen criticized so far.