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Actor partners with Morgan Stanley, Merrill Lynch, Exxon, and a charity that urges evading capital gains tax.
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But other than from Alec Baldwin, where does the RPHP get its money to do its research and keep Mr. Baldwin up to date on its findings? According to the RPHP itself, it gets financing from the “Louis and Harold Price Foundation.”
Really? And where exactly did Louis and Harold Price get the big bucks to create their foundation that is funding one of Alec Baldwin’s favorite causes? Let’s let the Price Foundation tell us:
Through shareholdings in Sara Lee Corporation, Louis and Harold generously funded their foundation and guided its existence for many years as respective Presidents. Since its inception, The Louis and Harold Price Foundation has distributed millions of dollars to U.S. based charities in the areas of community welfare, health, and education, as well as support of programs in Israel.
The Sara Lee Corporation? You mean those nice people who churn out all those yummy pound cakes? Well, yes. And Sara Lee, which long ago began its business life selling cheese cakes named after the cute 8-year-old daughter of founder Charles Lubin, is now an American corporate giant owning multiples upon multiples of brands in that trifecta of eating — “bakery,” “beverage,” and “meats.” Whether you’re up for a slice of Sara Lee cheese cake or a Butter-Nut Cappuccino or just want to chow down on Jimmy Dean Sausage, you’re filling the coffers of the Louis and Harold Price Foundation. Coffers which then are used to fund Alec Baldwin’s favorite cause — the RPHP.
That’s right. By the good offices of Wall Street, where the Sara Lee Corporation is traded daily, as seen up to the minute in this link, one of Alec Baldwin’s favorite left-wing causes is floating in cheesecake and sausage cash.
There’s much more. But we’ll settle for just one last Alec Baldwin favorite that he points to on his website:
The New York Philharmonic: Here is Baldwin’s site link, and here is some of what he writes in June of this year:
In junior high school, I had a music teacher named Mr. Stolle. He played Menotti operas for us, like The Medium. Everyone wriggled in their seats back then, but around 15 years later, everything Mr. Stolle tried to pass on to me really began to kick in….
In the Fall of 2008, the New York Philharmonic asked me to be their radio announcer. It’s my favorite job that I’ve ever had. Last year, I was invited to join their board…. You can start listening today. Here’s their link: www.nyphil.org
So Alec Baldwin is a member of the board of the New York Philharmonic as well as their radio announcer? Well. This makes following the links provided particularly interesting. Why? Because this organization on whose board Alec Baldwin sits asks ( not that you donate your pennies, nickels and dimes. No, Mr. Baldwin’s favorite orchestra is asking you to — and this is a quote — “donate stock.” Wall Street stock. Then, get this pitch:
Many people choose to contribute to the Annual Fund by transferring securities to the New York Philharmonic rather than making a direct contribution of cash. Should you choose this method of giving, you will not pay any capital gains tax on your gift, and you may be able to claim a Federal income tax deduction based on the full fair market value of the securities on the effective date of your gift.
Think of that. Alec Baldwin is a board member of an organization that is quite knowingly pushing a charity that boasts of how to avoid paying capital gains taxes — taxes which President Obama is on record as saying should be raised out of “fairness.”
There’s more, but you get the idea.
And none of this touches the obvious.
The famously liberal actor — and for the record he’s certainly a very good actor — has had a professional career funded by movie studios and a television network dipping deeply from Wall Street pockets to pay Baldwin what the site Celebrity Networth
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