NEW YORK (AP) — The American Civil Liberties Union
has lost a quarter of its yearly donations after a major donor cut off
$19 million in annual donations because of economic difficulties. David Gelbaum, a wealthy California
conservationist, said he was indefinitely stopping the donations that
had made him the New York-based group's largest anonymous donor.
"For a number of years, your organization has
received very substantial charitable contributions from me," Gelbaum
said in a statement. "My investments in alternative, clean energy
companies have placed me in a highly illiquid position as a result of
the general credit crisis in the American and world financial systems."
Gelbaum also announced he was halting some $12
million in yearly gifts to the Sierra Club Foundation and about $50
million a year that he's been giving to an organization serving
veterans who served in Iraq and Afghanistan. Gelbaum has given a total
of $389 million to the groups from 2005 to 2009.
Gelbaum says he hopes others will step forward and replace his donations.
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Neither the Second Amendment nor the Constitution, gives, grants, allows, or any other stupid word, the right to keep and bear arms. It enumerates and guarantees the existing right only. If it granted the right then repealing the amendment would remove the right. If the right exists independent of the Constitution then it is inalienable.
ReplyDeleteLifted from TexasFred.
I read somewhere that he also had a chunk of dough invested with Bernie Madoff. Is there such a thing as double schadenfreude?
ReplyDeleteTom M.
Roger--
ReplyDeleteLook at the link for the survey; USA Today, November 2007. It makes the circuit of Teh Intarwebs about every three months, right after the one about the $50/gun/year tax/registration proposal that the Illinois RINO wrote and couldn't get a co-sponsor for or out of committee.
That poll has been circulating since November 2007. It is totally baseless since it can be voted on as many times as possible. I cannot tell you how many times it has been forwarded to me. The correct answer is 'NO" !!!!. Evidently, 96% of those that voted do not understand their rights or the U. S. Constitution. The Second Amendment does NOT give U.S. citizens the right to bear arms. The First 10 Amendments to the Constitution, commonly called the Bill of Rights do not grant any rights whatsoever. They are LIMITATIONS on what the government can do to us! They should be called the Bill of Limitations. We have natural law rights that were "endowed by our Creator". No government can grant rights. We already have them just by being born. Government only has the power to only take rights away.
ReplyDeleteWhat the 2A does, as the rest of the Bill of Rights, is to tell the Government what are they NOT supposed to mess with. It restricts the Government, period. Does not grant any rights to the people.
ReplyDeleteDavid Gelbaum (Very Rich Left Wing Jewish Guy)
ReplyDeleteChairman of the Board
Entech Solar, Inc.
Pennington , NJ
Sector: SERVICES / Technical Services
Director , Axion Power International, Inc.
New Castle , PA
Sector: INDUSTRIAL GOODS / Industrial Electrical Equipment
Director , Clean Power Technologies
Calgary , AB
Sector: SERVICES / Business Services
Director , Energy Focus, Inc.
Solon , OH
Sector: CONSUMER GOODS / Business Equipment
Director , ThermoEnergy Corporation
Little Rock , AR
Sector: INDUSTRIAL GOODS / Waste Management
60 Years Old
Mr. Gelbaum was appointed to the Board on February 20, 2008 and became Chairman on January 12, 2009. Mr. Gelbaum is the co-trustee of The Quercus Trust which, pursuant to rights given to The Quercus Trust as the holder of the Company's Series D Convertible Redeemable Preferred Stock and in accordance with the terms and conditions of a letter agreement between the Company and The Quercus Trust entered into in connection with The Quercus Trust's purchase of Series F Convertible Preferred Stock (which automatically converted into common shares upon the conclusion of the Company's special meeting of stockholders held on July 26, 2008), has nominated four directors to the Board. Mr. Gelbaum is one such director. Mr. Gelbaum has been a private investor since 2002. From 1989 until 2002, Mr. Gelbaum performed quantitative modeling for stock price returns and derivative securities for TGS Management, and from 1972 until 1989 he worked at Oakley & Sutton
B......
ReplyDeleteThat is a finite point that most do not get.
The Bill of Rights does not, nor can any paper, give any individual or group of people rights or freedoms. Only God, or if you prefer, "nature" gives you those rights.
It RESTRICTS the rights of the government.
Nelson Muntz laugh..."HA-ha"
ReplyDeleteBetcha Mr. Gelbaum has been living off the aspirations of greenie investors and govt grants while chasing pie in the sky. The Ponzi is running out because his companies never delivered marketable technology.
ReplyDeleteJust a guess.
Lt. Col. Gen. Tailgunner dick