Tag: donations

Join Jim and Greg as they relish Democrats likely having such a tight majority in the House that it will be tough for many to accept jobs in the executive branch because the vacancies could make it tough for Democrats to get much legislation done. They also hammer musician John Legend for suggesting you’ll do more good donating to Democrats running for U.S. Senate in Georgia than giving to your local food bank. And they update the infighting among Democrats by discussing the latest salvos from Joe Manchin and AOC.

It’s all good news on Tuesday’s Three Martini Lunch! Join Jim and Greg as they cheer a new rule which no longer requires many nonprofits to disclose donors to the IRS. They also cheer retail sales from May more than doubling expectations and suggesting Americans are ready to buy again. And they cheer politicians in the Williamsburg section of Brooklyn for defying New York City Mayor Bill de Blasio and busting open locked playgrounds in response to the city’s heavy-handed crackdown on the Orthodox Jewish community over COVID restrictions.

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Many of us Ricochetti contribute to organizations that can be considered right of center. Naturally, they write and ask for more, using snail mail and e-mail. Frequently. Often, too frequently, to the point it becomes annoying and a waste of the funds that have been donated. Perhaps I’m more sensitive to this than other contributors. […]

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A Million Bucks Will Do a Lot of Good!

 

It has been verified now that our President’s promise to personally donate $1 million to help the victims of Hurricane Harvey has been kept.

The president sent 12 checks to various organizations helping Texas and Louisiana recover after last month’s disastrous storm, White House press secretary Sarah Sanders confirmed to The Hill.

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Formally, the popular charitable organization March of Dimes does not fund or advocate abortions. But they made some wiggle room.  On July 21, Barr received an email from Michelle Kling, director of public relations for MOD, which included an admission Barr found startling. Preview Open

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Of Prophets and Ponzi Schemes

 

shutterstock_144458128David McQueen made a lot of money from his business ventures and decided to share some of that wealth with his local church. Over a few years, his companies — Accelerated Income Group and Multiple Return Transactions — had earned him more than $45 million. During that time he gave about $300,000 to Resurrection Life Church in Grandville, Mich. which was spent on various ministries over a six-year period.

This inspiring story of hard work and Christian charity fell apart last year when McQueen was convicted of running a Ponzi scheme. He had promised investors a 10 percent return and paid interest to the early marks out of investments from the new marks. McQueen is now in a medium-security federal prison and has been ordered to pay millions of dollars in restitution — money that he spent a long time ago.

To help make the conned investors whole again, the government is going after any McQueen money it can track down. That’s why Assistant U.S. Attorney Matthew Borgula asked Resurrection Life Church to turn over that $300,000 in donations. The church said no.

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As Chris Anderson considers in his free audiobook Free: The Future of a Radical Price, the internet didn’t introduce the concept of profiting by offering “free” products, but it has certainly empowered such market approaches.  “Try before you buy” typically involves a demo (a mere taste of the complete product) or a timed trial after […]

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A Brief Research Bleg, or, the New York Times Could Use a Hand

 

Continuing its usual theme that corporations are wicked, that the Supreme Court’s Citizens United decision will undermine democracy, and, well, blah, blah, blah, today the New York Times presents a story on a company that makes all its corporate contributions to Republicans:

The political action committee of Flowers Foods, a Georgia company that produces the pillowy sandwich bread [Wonder Bread], Tastykakes and Nature’s Own baked goods, has given more than 99 percent of its political contributions since 1979 to Republicans. Only three Democratic congressional candidates have gotten money from its PAC since 1984, and not one in the past 20 years.