They showed up there, and they did not have permission…The photo-op they did wasn’t even accurate. [Paul Ryan] did nothing. He just came in here to get his picture taken at the dining hall.Brian J. Antal, president of the Mahoning County St. Vincent De Paul Society. He’s irritated that the Romney campaign had Paul Ryan stop by his soup kitchen, unannounced, and pose for pictures while “washing pots and pans that did not appear to be dirty,” as the Washington Post puts it. Antal is particularly distressed at the prospect of his center appearing to take political position, as he believes that could jeopardize its continued existence: “We are apolitical because the majority of our funding is from private donations,” he explained. “I can’t afford to lose funding from these private individuals.” Here’s the photo in question. source
Here’s the problem: while ‘I’m buying a dream’ makes a certain amount of sense for a $1 lottery ticket, it makes much less sense for $100 vaporware. Just speaking for myself, if I’m spending $100, I want significantly more than just a dream. That’s more money than I’ve spent on lottery tickets in my lifetime.Reuters’ Felix Salmon takes on the idea that Kickstarter’s business model is “selling dreams,” i.e., marketing ideas which may or may not actually happen. Salmon, jumping off commentary by Fast Company’s Ian Bogost, agrees with Bogost (in part) that Kickstarter is like QVC when it first launched — an innovative approach to marketing that’s very social and mixes multiple conceits. But there’s more going on than that, he notes. “Kickstarter neatly wraps that charitable impulse in a commercial transaction, which makes it easier to ask for — and receive — more money than either approach would yield on its own.” Salmon wonders aloud if a handful of high-profile failures might take the whole thing down a few pegs. To those who have donated to Kickstarter projects, was it worth it in the end?
» The previous record holder, Jamie Gold, won approximately $12 million during the 2006 World Series of Poker’s $10,000 “Main Event” tournament. More than ten thousand players, both amateur and professional, entered the tournament that year. By comparison, Esfandiari bested 48 other players for his most recent win, including second-place winner Sam Trickett, and Greenlight Capital Inc. co-founder David Einhorn who came in third. The charity tournament was for Big One for One Drop, which received $5.5 million from the tournament.
» Good, but still bouncing back: In 2007, charity giving hit a record $309 billion, which then took a nosedive with the economy, falling to $278.6 billion at the recession’s low point in 2009. While the number recovered in 2010 and 2011, it was the second-smallest recovery in charity giving since 1971. While giving was wide — 117 million households and 12 million corporations gave something last year — the rate, at 1.9 percent of income, was below the 2005 peak of 2.4 percent. Religious groups remained the biggest recipients of donations, but saw the total dip from 2010; international groups, however, saw their donations leap by 7.6 percent.