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Melinda French Gates She announced her
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next chapter in philanthropy this week
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as she prepares to leave the Bill and
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Melinda Gates Foundation she plans to
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donate $ billion dollar globally over
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the next two years to help support women
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and families as well as Reproductive
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Rights in the US a portion of the money
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will also be distributed in the form of
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a $20 million grants to individuals like
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former New Zealand prime minister jenda
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ardar and director Avid Deer uh to use
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at their discretion I think Melinda was
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a a funer of her recent film for example
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and there's a whole bunch of people the
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19th she's given all this these grants
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to really terrific groups and it's a
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it's a fascinating move between her and
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McKenzie Scott uh we have entered a very
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interesting era of philanthropy McKenzie
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Scott as you know a former uh was used
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to be married to Jeff Bezos donated $640
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million to over 300 nonprofits a few
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months ago she donated $2.2 billion last
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year she is burning up the getting rid
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of her money off her plate as if it's
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like lava um this is really interesting
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um these two women and then obviously uh
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um Lorraine Powell jobs is making media
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Investments she has her own Emerson
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Collective that does both philanthropy
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and Investments um what do you what do
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what do you think what do you think
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about this I think it's wonderful um I
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think I'm a sexist I think there are
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certain behaviors that are more prone to
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people born as women and born as men and
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one of the things I noticed about uh
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philanthropy from women is they're not
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as big on the ribbon cutting and
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believing that they should have input
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and influence into education because
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they give you know $50 million to the
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New York school district not recognizing
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they don't know a [ __ ] thing about
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public school education I find that
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generally speaking when women give money
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away it's in return they ask for Less in
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return and they're more promiscuous
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they're like I've got a [ __ ] ton of
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money it makes no sense to hoard wealth
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and I'm going to start pushing it out
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and I'm going to ask for almost nothing
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in return and I think McKenzie Scott is
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an outstanding American I mean look at I
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I'm here for Bill Gates's uh I'm sorry
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I'm here for Jeff Bezos midlife crisis I
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actually enjoy watching it I can relate
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to it but while he's building super
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Yachts for $300
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million you know mckeny Scott is sending
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sending $15 million to the jet
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Foundation to work on teen suicide and
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by the way she doesn't demand anything
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she doesn't want to show up she doesn't
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want her name on anything she just wants
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to get start helping people and this
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field
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this feels like that and then in another
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what I think is just absolutely
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wonderful here and I think I'm going on
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Morning Joe on oh cool you like I do but
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more importantly they like me but I'm
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going on tomorrow and with Richard
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Reeves
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but I'm a glass half empty kind of guy I
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talk a lot about what's wrong with
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America but here's the reality despite
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you know our House of Representatives
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insulting each other's looks despite the
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zombie apocalypse of useful idiots on
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campuses America is singular around some
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really wonderful things and this is an
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American story this is uh and I'm a big
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fan of Richard Reeves he kind of got
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highlighted to me or brought to my
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attention some of the things going on
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with the struggles the young men face
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the guys at the Brookings Institute he's
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an outstanding scholar he takes a risk
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starts his own business it's a nonprofit
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but it's a true nonprofit he doesn't
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answer to Microsoft called the American
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Institute for boys and men he takes a
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risk he starts his thing just to produce
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research around the struggles that young
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men are facing and then a woman named
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Melinda French Gates finds him and gives
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him $20
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million and you know something this is a
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uniquely American story it does happen
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in other parts of the world but it
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doesn't happen as often as it happens in
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America so for all of the [ __ ] posting
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and of all of the
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catastrophizing of all of the the
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clickbait around everything that's wrong
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with our nation this is one of the
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things that's right with it we create
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tremendous economic value and then good
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people want to push it out to do good
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work I I just love this story I'm really
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happy for Richard
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and also Melinda French Gates has said
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bodily autonomy and women's rights are
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hugely important she's passionate about
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it it's wonderful but at the same time
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she said if we're going to have a a a
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Vibrant Community who wants more
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economically and emotionally viable
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young men women that's right and she's
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giving money to an Institute that's
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focused on boys I I think she's I think
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she's wonderful go Melinda French gay
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let me make a a comparison of something
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we just talked about these sort of
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childlike childish men men are doing
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their stupid Trump fundraiser with very
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little money that they're putting out to
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get a lot of influence and doing no good
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for Humanity except for themselves
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except for like self-aggrandizing
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themselves both jamath and David saxs
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and also Elon Musk is doing this but
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doing nothing to help all of society
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they're just giving a ping amount of
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money to horish politicians in order to
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have influence meanwhile Melinda Gates
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and uh and McKenzie Bezos are using
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money real money real money not little
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tiny multi-million dollar $5,000
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donations to have dinner with a with
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someone who has been found liable for
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rape no they're not using their money
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for that they're giving away billions
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and billions of dollars to laudable
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people across the globe to make the
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world a better place what a [ __ ]
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comparison these men are sad and
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[ __ ] and these women have balls as
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big as all ever that's all I'll say
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dickas Jesus Christ dickas sorry by the
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way my no but they're doing this so they
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can have a party in Silicon Valley for
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trump it drives me nuts that these
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people think they're important when this
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is where the real if you have money like
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this this is what you should do with it
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thank you well again these it's not
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they're not presenting their money to
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issues they're using a small amount of
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money to present themselves that's
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correct it's it this isn't one is Vanity
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one is philanthropy but I don't know if
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you knew this but my girlfriend often
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compared me to Bill Gates when we would
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have sex because I'm Microsoft oh my God
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literally putting a penis joke on my
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power all that you are angry this
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morning you are going after you got to
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be careful in San Francisco there's a
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lot of these these pretend to care about
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the world they don't care about the
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world that's the thing these women do
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they're actually putting their money
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where their mouth is and they're not by
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the way are you hearing from McKenzie
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Scott she just gives the money and
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leaves in the dark of night Molina
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French Gates gave a few interviews
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talking and she's giving to help
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reproductive right she and by the way
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they're putting it all over the place
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it's not just in like liberal causes
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they're putting it in places that matter
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for kids and families they're putting it
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to feed people they're putting it to
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it's just like the contrast is so vast
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I'm not mad I'm like why do we these
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terrible men compared to these amazing
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women is just such a great contrast for
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me um for me and understanding what's
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going on by the way FYI a lot of these
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people one of the things that the gates
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is did start was the giving pledge with
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with um Warren Buffett in 2010 Sam Alman
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and his husband just announced that they
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plan to give away most of their wealth
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as part of the giving pledge I've always
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thought that was a cool thing I don't
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know I've always thought I don't think
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it is you don't why tell me why I don't
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know I I to pledge to give away all your
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wealth why is that okay big [ __ ] deal
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okay I pledge to give away all my wealth
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this is what it means all right I'm
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going to put a couple billion dollars
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into a donor advise fund MH and this is
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different this is the giving pledge this
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is not that but the giving pledge all
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the giving pledge says is that after I'm
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dead that somebody is going to give my
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money away okay I don't okay fine great
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you don't believe in dynastic wealth it
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has absolutely no impact on you maybe
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you even put it into a donor advice fund
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where you get a tax deduction against it
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that's different yeah but that's that's
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a component of this notion that you're a
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good person because at some point you're
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going to give your money away and I'm
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going to a lot of virtu signaling right
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now I hit my number seven years ago and
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I've decided that above that number I'm
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giving everything away now because
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here's the thing this is a virus that
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alss America hoarding money Fair there
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needs to be a movement in America that
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once you hit your number you just start
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giving it away now you don't say I want
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credit for being a great guy after I
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have had all my Boeing Business Jets
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after I have bought football teams after
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I've had seven midlife crises and then
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when I'm dead and it no longer matters
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to me I'll give it away there is no you
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have literally just convinced me you are
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correct I don't say this very often uhoh
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cat's living with dogs the world has
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stopped rotating God you're right you're
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right I that's why I love these badass
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women they're giving it away lit you
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know what the goal is the goal is to
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give an I'll leave my kids a little bit
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of money but this is the goal to be at
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the end of your life to spent the money
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on other people and experiences and be
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surrounded die at home be surrounded by
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people who are going to be really bummed
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that you're leaving not not a bunch of
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press releases saying why the [ __ ] are
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you worth a hundred billion dollar yeah
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SC why didn't you start giving it away
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at how much you leaving your kids what
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is the number what's the number one
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leaves one kid uh I I'm this is the
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challenge and this is a good problem but
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you want to give them enough money such
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that they can do anything but not enough
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money such that they can do nothing ah
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yes and the key is I mean again this is
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the world buy a house give them money
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for a house that's what I say money that
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quite frankly they don't have access to
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until they're 25 35 and 45 MH money for
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Education money for a home but not
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enough money such that they don't have
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to work yep that's we're on the same
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parenting thing that's the thing that's
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correct yes that's exactly but I've
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decided and I love it I hit my number
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seven years ago my number is probably a
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lot lower than most of these guys and
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I'm like anything above that I'm going
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to either spend it at the hotel du cap
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yes on me by the way on friends and
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people I love or I'm going to give it
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away there is no reason once you're
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above a certain number to hoard wealth
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I'm a big fan of Daniel Conan and I went
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back and read some of his work when he
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passed
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away let let's pick a number $100
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million of a $100 million if it grows
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four or 6% a year four to six million
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bucks a year gets you a beautiful home a
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beautiful second home a flexjet card do
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whatever you want with whomever you want
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pretty much all of the time you can just
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have an extraordinary life the
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difference between a 100 million and a
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billion there's no marginal increase in
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the quality of your life there is as a
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matter of fact there'll be some incre
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you can buy a football team you can have
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more influence over politics but there's
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also a downside people start Tak taking
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pictures of your kids people start start
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running stories you about you in TMZ
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there is a downside so if there's no
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incremental gain in happiness and so
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many people would benefit from the types
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of donations that Mackenzie Scott and
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Melinda French gates are making why on
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Earth wouldn't you enjoy that happiness
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yeah and not hoard wealth and help
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people you're you know what this is this
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was a very good explanation I'm still I
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still think the others are shameful and
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these women are ballers that's my
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feeling good for them well they're true
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they they Define what it the word giving
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is overused and they have earned the
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right they own the right to say that
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they are giving what these other folks
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are doing is consumption it's PR a lot
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of its virtu saying I'm going to give
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all my money away after I'm dead who the
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[ __ ] I don't care what happens to my
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money after I'm dead that's not doing
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anything that's not should be now that's
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100% wand around and give people $100
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bills let's do that and also let me be
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cap here I also think it's really
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wonderful and good for the world to
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spend it spend a [ __ ] ton of money put
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it back into the economy enjoy it the
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world offers amazing things that you can
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spend money on I don't I I think it's
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great when people spend a ton of money
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and I'm Scott I feel like this should be
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your next book spend spend [ __ ] spend
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the new novel see this is why I love the
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show you have shifted my thoughts in a
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very good way in a very helpful way
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anyway uh I still I love these women I
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think they're great anyway uh let it
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makes me feel so much better about the
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other [ __ ]