Buffett. A pedant to the end....

With my sleep hours messed up I am awake unpredictably. At the moment I am watching "Non-Stop" and compulsively checking in on the UT.

>>>>>The limits on passing money aren't working. They have to be stronger.
>>>>
>>>>People do smart things with their own money.
>>>>People do stupid things with their own money.
>>>>
>>>>So, you would like laws to prevent people from doing stupid things with their own money?
>>>
>>>I'd like to be sure that people with great wealth have done something to earn it.
>>
>>So, a rich person can't give huge gifts to a charitable foundation for what he estimates are worthy causes?
>>The foundation has done nothing to earn the money, at least yet, and may never succeed.
>
>That's basically what Warren Buffet and Bill Gates have done, and I think that's a good idea.
>Most charitable foundations that have been around for awhile are as bloated and inefficient as some government agencies, so Gates and his wife started their own foundation with about $40 billion and Buffet contributed another $40 billion to it.
>Yes, they may or may not succeed and it's not clear that society will benefit from it, but I still think it's better than passing that kind of money on to heirs.