Word: charityitis
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Rob Noble of the British AIDS charity Avert says recent setbacks for research into an AIDS vaccine, along with multiple false hopes in the search for a cure, have caused many in the HIV activism community to view Huetter's experiment warily. For many AIDS activists, bone-marrow transplantation is...
Of course, the children of wealthy parents don't always grow up to be self-indulgent, feckless adults, just as deprived children don't always become driven overachievers. But literature and media are stuffed with rich-kids-gone-bad stories, and there's plenty of anecdotal evidence that cosseted offspring...
Nissim Tse is ready for a fight. For the past five months, Tse, head of trading in Hong Kong for hedge fund RAB Capital, has been torturing his body in preparation for a charity boxing match against some of the city's other hedge-fund managers. The training is bruising...
Obama has claimed that people who oppose higher taxes are selfish and equated paying taxes to donating to charity. America is not about equality of outcome, comrade. It's about equality of opportunity. Jim Gleason, Mandan, North Dakota
philanthrocapitalism n.--Also known as venture philanthropy. A business-like approach to charity USAGE: "Leading philanthrocapitalists are giving away unprecedented amounts of money--Bill Gates and Warren Buffett are together handing out about $3.5 billion a year through the Bill & Melinda Gates Foundation." --NEW YORK TIMES, NOV. 11, 2008