Man, I wish I had written about this before when I first thought about it. It is clear to me that this latest pledge from Gates, Buffet and others to donate a large part of their fortunes is mostly motivated by the deep mistrust americans (even on the center-left side) have against government.
Now we have this interview from a German billionaire saying exactly that! It is almost comical to me the way he describes this (“What legitimacy do these people have to decide where massive sums of money will flow?”) but it shows exactly just how different the US and Europe still are, even in these times of Obama and bailouts.
Which is obviously good news for us Americans. It is just a matter of time until the Gates Foundation proves to be a much more efficient (and fair) institution than any government in the world.