FROM Ray Madoff
Charitable Giving and Donor Advised Funds The most popular charity in America is United Way. The second most popular charity is Fidelity Charitable. If you haven’t heard of it, that’s because Fidelity Charitable isn’t really a charity at all, it’s what’s called a “donor-advised fund” run by the investment company Fidelity Investments. Donor-advised funds, or DAFs are growing. They control more than $70 billion in assets. But it’s not clear how much of that money actually makes it to charities.
'Ridiculous, Ostentatious Wealth' in America A conservative columnist reports that we're in " the second great Gilded Age ." A liberal author warns that "a bloated over-class can drag down society." But a New York Times Magazine article is headlined " Don't Hate Them Because They're Rich : The Trickle-down Effect of Ridiculous, Ostentatious Wealth." America's median income is $48,000, but the starting salary for some butlers is $60,000. Those numbers can be used to show that the massive wealth of the Super Rich "trickles down" to the rest of Americans, but not everybody sees it that way. In 20 years, the number of billionaires has gone from 13 to several 1000. Some see a permanent aristocracy in the making, while the middle class struggles to pay the bills. How did the super rich get that way? Are they good or bad for the economy?
LA cleantech's future, music photographer Mick Rock As President Trump embraces dirty fuels, what happens to LA's burgeoning cleantech industry? Start-up companies are planning for an uncertain future but staying optimistic. Veteran photographer Mick Rock defined a musical era. Now the camera has been turned on him. Mick Rock and Barnaby Clay talk about capturing glam and its legacy in Shot! The Psycho-Spiritual Mantra of Rock.
How California gave birth to Trumpism California served as an incubator for the hard-line conservative thinking that helped propel Donald Trump to the White House. It’s an ideology birthed out of opposition to the liberal politics and multiculturalism that now dominate the state.
What does the Paris terrorist attack mean for Europe? There was another terrorist attack in Paris Thursday. A police officer was killed, two other officers were wounded, and the shooter was killed. Officials are calling the attack terrorism. There have been more than a half dozen terrorist attacks in France over the past two years.
Symbols of protest, lighting up EDM festivals The Women's March made a huge impact, in part because of its widely worn pink knitted "pussyhat." Does the March for Science need its own unifying symbol? Lighting designer Steve Lieberman is "the man behind the lights" for the country's leading electronic music festivals and nightclubs. He talks about his early experiences with rave culture, and what it takes to spark the excitement of today's EDM fans.