Billionaire Threatens to Withold Charity

Billionaire Threatens to Withold Charity

CNBC reports billionaire Home Depot Founder Ken Langone recently suggested wealthy donors like himself might stop giving to charitable causes if Pope Francis doesn’t cool it with his statements on economic inequality and capitalism.

Langone, a big Republican donor, says he recently spoke to Cardinal Timothy Dolan and told the Cardinal of a wealthy donor who has reservations about donating to a restoration of St Patrick’s Cathedral in Manhattan because of Pope Francis’ “exclusionary” comments.

“I’ve told the cardinal, ‘Your Eminence, this is one more hurdle I hope we don’t have to deal with. You want to be careful about generalities. Rich people in one country don’t act the same as rich people in another country,'” said Langone.

Is it just me or does it seem like there is no mysterious anonymous donor? ¬†Langone is just upset at the Pope’s generous and empathetic positions, but he doesn’t have the stones to come right out and say it, right?

Read more at CNBC and Talking Points Memo.


Share on FacebookTweet about this on TwitterShare on Google+Digg this