Watch the Interview Here:
Title: Study: Giving Drops 2.7% During Recessions
Published: Thu, 4 Jun 2009
Description: Madeleine Pickens, wife of oil billionaire T. Boone Pickens, on why the weak economy has her worried about charitable giving.
Automatically Generated Transcript (may not be 100% accurate)
” Meanwhile a recession unemployment expected — 9% tomorrow a proposal to hike taxes on wealthy people along with limiting their deductions for charitable giving. All of — certainly worries when Madeleine ticket she’s the wife of the oil tycoon T Boone Pickens. She devotes much different light turns to a lot of good work not a very good that you. Thank you so when we landed charitable deductions the argument as people that will give less to charity you have hard data that. Says that’s happening. While.”
” I right now let’s say the government wants to take over charity they’re giving it away and it seems to. It’s extraordinary to me to cut. I was being able to give charity I mean that we’re still — volunteers. You know we’re doing work that. It if the government tried to do the same thing it would cost them five times as much I think it’s far better to leave it with a private sector –”
” So when you shot there the amount that they can deduct or you put a limit on on how much they — Allen Kate for for charity. You think that ultimately. It boomerang on –”
” Well it makes it you’ve seen — but — well you know it it it it makes it much harder to raise money and we write notes at a financial melt down. So it’s very difficult for charities to operate as — at the — I don’t know of the meltdown — the coming most of charitable deductions on — says the meltdown OK so the president comes back and says it has nothing to do with what I’m proposing not proposing its dispute gone. Well. What ever his reason is you know I feel that whenever the government gets in — something. It costs us it touch it it it cost to taxpayers ten times as much money burning it put coveted selfless like I’m trying to do with the wild mustang program. They have removed 33000. Courses from the range that the American horses. And it’s costing them. For the next ten years it’ll be a billion dollar program is only 33000. Courses. And I sit up create this century for you. And it’ll cost — 115 million dollars. These those who have more — well the problem is that they want to kill all they’ve taken a man and they can’t afford it anymore I’m in the government’s got a local kinds of payouts that they want to do. And I’m saying okay. I really want to kill and they just don’t want to allow the deductions for you to have as many of them they’ll be no deduction what are they going to be logged on food when it’s what’s gonna. They they want to kill them — them. And I just say Yukon did this these — belonged the American people this is our history this could become a living museum said that old feminist — what reaction have you done. I see I’m moving forward I I took a huge pink in the beginning and then there was a change in the gods. And so I had to step back and I’m waiting for the new head the Bureau of Land Management I believe this will go through. But again — shocking when you find out how much it costs for them to operate a program. As a pay as much more.”
” You’re right about that clear today you and your husband have a way of dealing with Republicans and you’re either. — was like woody Allen’s — popped up at the Republican Convention of the Democratic Convention he was being. Seeded and royally praised by John McCain than — with Barack Obama saying nice things about them. It’s a deal with you guys.”
” Well would try to get things done in this country is no longer about the Democrat or Republican is about doing the right we’ll do — Barack Obama. You know how you met him once and it remains you know he’s either — genius or — fail and nobody would usenet. I’m just praying that it works I think is terribly important that it works. It’s a big shock what’s going on I mean I’ve never seen anybody come in and changes meshes quite shocking. I I pray keep my fingers crossed. That this all works out but you see no evidence. Well I’m 62 years old I got things to do. And I need to get them done. And I deal with animal issues a lot and they don’t have a voice so I have to be their voice and good and I’m praying that he helps us and my husband that 81 years old.”
” Wants to help this country become independent when you do with a boom that’s that’s your toughest jobs I don’t know I was lucky girl now thank you very much good this to your husband and an end to his success.”
