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Let’s put billionaire penalties in perspective
So, a big billionaire-owned corporate giant is paying out a penalty for ripping off consumers. According to the CJ: Amazon customers who are eligible to receive a portion of the company’s $2.5 billion settlement with the Federal Trade Commission have started receiving payments. In the first of two waves of payouts, Amazon began issuing automatic payments to some customers beginning…
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Let’s put billionaire donations in perspective: Part 3
Honestly, this doesn’t appear to be a billionaire donation. But this is how huge financial gifts should be revealed in the news media: For the past few months, a petition has garnered hundreds of signatures in favor of updating the aging sprayground at Chickasaw Park. But thanks to an anonymous $5 million donation, the beloved park is getting so much more than that. The Olmsted Parks Conservancy announced on Nov. 15 to…
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Let’s put billionaire donations in perspective: Part 2
This made the news rounds a couple of weeks ago (from WHAS-TV): Louisville plans to allocate hundreds of thousands of dollars to support families experiencing homelessness. During a news conference Tuesday, the mayor said Metro Government will use $768,250 in grant funding to provide intensive supportive services focused on housing stability, barrier alleviation, and increasing…
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Data center power plants: If they build it, we are screwed
We recently posted an item on how Meade County rejected a rezoning application that would have paved the way for a data center. The concerns included the cost of the operation as well as the impact on the local environment. So imagine what we thought when we saw this (from Kentucky Lantern): Kentucky’s utility regulator…
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Let’s put billionaire donations in perspective
I think this is supposed to be a story about the benevolence of the ultrawealthy. From Kentucky Lantern: Yes, it’s heartwarming. We even have a photo (above) of the donation ceremony. But the story never gives Tom Golisano’s net worth. A quick Google search, and this comes up from Rochester Business Journal: Tom Golisano’s net…
