"Charities" Hit hard In Scam

One of the good aspects of the Madoff scandal is so many "charities" have been harmed, some will fold. In USA these charities largely fund programs that support the status quo, or worse. Outside of paying for education or health care for people in crisis, charity is extremely difficult to do right.

Under our tax systems, the wealthy set up "charities" which fund their pet-projects and hire their friends and relatives to execute. The system retains power in few hands, and leverages wealth and privilege while suppressing innovation. The solution is to get rid of the tax breaks and the 5013c (or whatever it is called) "foundation" laws and let people donate what they will when they want, and dynasties protect their fortunes in a free market.

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