Sunday, March 20, 2016

CORPORATE "GENEROSITY"


I have never understood why corporations donate to charities, other than suck-up "good will."  It is an accounting mess, and I think it is not a proper function of a profit-seeking business.  Those donated funds otherwise belong to the shareholders, but the managers get all the credit for their shareholders' "generosity"!  I think that's a load of crap and should be prohibited across the board by law!  It will never happen, however, because too many powerful, influential people prefer the status quo.  They wantonly donate my money to each other's charities then get all the credit for it from each other complete with cigars and back-slaps!  It really annoys me to see corporate "sponsorships" on PBS or for the "March of Dimes"!  Also, as a shareholder, I never get invited to all those cocktail parties, dinners and galas.  If shareholders want to donate personally to a charity, fine, but they should get the sole credit, not the corporate managers.


Speaking of the "March of Dimes," I remember filling up the little cards with silver dimes in elementary school to cure polio!  Well, Drs. Salk and Sabin cured polio back in the 1950's.  We all took our Salk shots, then we sucked down the Sabin sugar cubes.  So, did the "March of Dimes" die a quiet death thereafter?  No!  That self-serving eternal flame-out is still chugging along, having subsequently adopted "birth defects" as its clever raison d'etre!  

Charities never die.  Miraculously and regardless of scientific advancements, they are like vampires and  live forever, parasitically sucking on the lifeblood of society forevermore!  If cancer is ever cured, the "American Cancer Society" will surely find some reason to keep on keeping on!