Forum Post: Phuck Philanthropists
Posted 12 years ago on March 18, 2012, 2:13 a.m. EST by EndGluttony
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Okay, I did a little math and I wanted to share it with whoever might read this. Christy Walton is the 4th richest person in America and the 12th richest person in the world. She inherited this ludicrous fortune from her deceased husband John T. Walton, the son of Sam Walton. So I guess she inherited an inheritance? Anyway, on Wikipedia they refer to Christy as a PHILANTHROPIST because:
"Between 2002 and 2006, she contributed $3.5 million from her then $16.3 billion net worth towards philanthropic efforts."
So here's the math:
3.5 million is 0.2147239263803681% of 16.3 billion. Thus her "philanthropy" is the equivalent of a person with $100,000 generously parting with 214 bucks. Would you call the person donating 214 bucks a philanthropist? If they worked for Walmart you might, since that is ONE WEEK'S PAY. The average take home pay of Walmart employees is under $250 a week.
"The salary for full-time employees (called "associates") is $6 to $7.50 an hour for 28-40 hours a week. This pay scale places employees with families below the poverty line, with the majority of employees' children qualifying for free lunch at school. When closely examined, this amounts to a form of corporate welfare, as the taxpayer subsidizes the low salaries."
In other words, if Christy Walton really wants to be a fucking philanthropist she should pay her goddamn employees a decent wage, not to mention all of the peripheral industries Walmart negatively influences. Christy Walton is not a philanthropist, she is a money hoarder, money she did not earn, money that should be distributed to the many employees Christy Walton rides the backs of. Christy Walton is complicit in evil, thus Christy Walton is evil.
By the way, between 2006 and 2010 Christy's net worth increased from 16 billion to 24 billion. In other words it appears that Chisty is throwing 2 billion per year more on her pile of undeserved wealth. What a philanthropist.
No kidding, it's a fraud PR game. Give money away with your left hand, steal many times that with your right. See Bill Gates and Warren Buffet.
What have you done for society?
Here's the thing; all gripes about wealth aside, even if you account for Christy Walton's gifts to charity her family's company is still a net detractor from the nation's economy. According to a 2004 study from UC Berkeley School of Industrial and Labor Relations the presence of Wal-Mart in California is costing the state roughly $86 million annually in terms of disproportionate use of public assistance programs (and that's not including things like unpaid emergency room bills for people not on public health insurance).
Generalize that across the country and you get a total of $2-$4 billion in uncounted public subsidies every year for Wal-Mart. That's a good 600-1200 times the volume of her total charitable giving; it's the equivalent of filing a $10,000 fraudulent tax return and then giving ten bucks to a homeless guy on the street. That's great for the homeless guy who now has dinner, but I don't imagine other taxpayers would be willing to subsidize a $10 sandwich at a total cost of $10,000.
And I thought there was still hope for you. Too bad, I was getting to like you. But day by day the idiots you are surrounding yourself with are pulling you down the toilet. Why don't you just step away from these clowns and take a deep breath of fresh air. Not just here but at school too. Find a different group of friends that don't hate everything and actually want to do something constructive with their lives. Try it, I double dog dare you.
Please point out what you disagree with in the post, with details, and defend your argument. I don't think you possibly can.
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I bet you work really "hard" to "earn" your money. Your BFF Christy Walton sure worked hard to earn all of hers. What exactly do you disagree with in the post? Or did you just pick a side and now you have to fight for that side no matter what? Imagine this--a rational person considers each topic individually, gives it some thought, and arrives at an independent conclusion as to how he/she feels about that specific issue. You should try it sometime.