Why ‘Idol gives back’ my money?April 10th, 2008 - 7:58 pm ICT by amritpal
Hundreds of million of Dollars donated in a couple of hours, all possible celebrities in America put up an incredible (really?) show and I am sitting in my chair whining on why should I empty my wallet just because the Idol has to give back.
I am sure with the kind of money American Idol is making, it must be sitting pretty on a huge pot of Gold. The first question which comes to my mind is how much have they contributed to the “giving back”? Why all of the are exhorting me to give my hard earned money to them? How do I know what are they doing with my money? Does Brad Pitt know what are they going to do with the money he is “blackmailing” us for?
Check out the link http://www.americanidol.com/idolgivesback/foundation/. Scroll down and you will read “Financial Report”. It says “This will be posted when available.” Excuse my ignorance but I can’t make anything out of it and nor do I know when will it be available. In a nutshell, I have absolutely no idea where my money goes.
Let us assume that all the money raised during this drama goes into the pockets of The Children’s Defense Fund, Children’s Health Fund, The Global Fund, Make It Right, Malaria No More, Save the Children. Apparently These charitable organizations have a proven track record of making a positive impact through responsible giving. But I fail to understand why “save the children” is blowing up its money in goodle adwords?
I have another very basic question - Is charity the best policy? Is giving money the best way to help children? I am no economist but it is not difficult to understand that Charity is a waste of money. Read about it in detail here.
The article goes on to say “For one thing, we assume that someone is in charge, that, for example, there is someone making sure that charities do not uselessly duplicate their activities. As if. I first became critical of charities when I researched a programme about Aids charities in the early 1990s. It turned out there were almost as many registered charities devoted to Aids in Britain as there were people with Aids. One person’s concerted effort is another’s job-creation scheme.
Then we assume that the people who run charities will actually respect our hard-earned cash. Now, have I missed something? It has become a fundamental rule of economics, we are constantly being told, that if you get something for nothing you won’t respect it. So how is it these charity administrators somehow manage to avoid being spoilt by our largesse? All they have to do is show us a few pictures of poor people and we send them millions through the post.
So, though we give our money in the vain hope that it will get to Africa, millions somehow get waylaid in Soho. It’s not just the administrators, the managers and the lobbyists. There are the appeals letters, and the cinema adverts, and the carefully reconsidered rebrandings.”
So what I am suggesting here? That all the people involved are cheats and frauds? Absolutely not. On the other hand, what I am trying to say is that they are also a victim of the notion that “Charity brings properity”.
What are the payoffs? American Idol gets more publicity, Adevertisers open their money bags for them, Celebrities get their share of free worldwide promotion, the charity organizations receive the money and brag about the money they have received to ask for even more money and we are left with less money, looming economic slowdown and weak dollar!