The above video is a promotion for a "Hurricane Sandy Relief" concert, staring Kanye West, Alicia Keys, Paul McCartney, and more, broadcasting live on television, in an effort to raise money, to benefit the Robin Hood relief fund? What is the Robin Hood foundation, and why did they sneak that in there? The Robin Hood Foundation is a huge "charitable" organization, that is run by America's banking and corporate elite, and in my opinion, another front organization for these criminal psychopaths to make more money, and gain more power.
In 2007, The Robin Hood Foundation drew scrutiny from lawmakers in Washington, after a "rainy-day fund" of the organizations grew to $144.5 million from $20 million in less than a decade. Their main concern: About half the money invested in hedge funds were run by Robin Hood donors or board members, who were paid the industry standard fee of 2 percent of assets and 20 percent of profit for managing the donations.
Sitting on the board of directors is the CEO of JP Morgan (Jes Staley), CEO of General Electric (Jeffrey Immelt), CEO of Goldman Sachs Lloyd Blankfein, and even CEO of Google, Eric Schmidt and another CEO of JP Morgan Jamie Dimon, were recruited as co-chairmans of The Robin Hood Foundation in 2010, in an effort to raise more money.
The Robin Hood Foundation defended accusations against the company by saying, "100 percent of donations are distributed." What does that even mean? Of course the money gets distributed to SOMEONE, even if the money was stolen by greedy CEO's, it was still "distributed" among them.
The Robin Hood Foundation also has about $18.5 million a year in administrative, program support and fund-raising costs.
Financial statements from 2010, show at least ten individuals on the staff of the Robin Hood Foundation, making anywhere between $100,000 - $500,000/year salary.
The daughter of New York Mayor Bloomberg works at the Robin Hood Foundation.
Also, in 2009, the infamous George Soros gave the foundation a $50 million contribution.
As I continue to point out, most large charity organizations are scams. Whether it is The Red Cross, The Salvation Army, or even governmental organizations set-up under the guise of 'helping' like The United Nations or FEMA, when large money is involved, the more there becomes opportunity for corruption. The solution, I believe, is to keep everything as local as possible, and begin to move away from this idea that great things arise from large organizations, or large governments, rather than individuals.
Lastly, if you feel like being charitable, as you should, go out and directly do something yourself! Pick up trash, give a person in need some money, donate your time somewhere, etc.