"CBS news program 60 Minutes took time to spotlight the vast contributions to cancer research made by libertarian billionaire David Koch Sunday during its segment on Jack Andraka, a 15-year-old who developed a test to detect early pancreatic cancer.
The camera hung over the David H. Koch Cancer Research Building at Johns Hopkins University where Andraka developed his theory. Koch gave $20 million to the university for the building in 2006, and the university president William R. Brody commended him for his “extraordinary generosity.”
In his lifetime, Koch and his charitable foundation have given more than $1 billion to various foundations and"...
Well, that is 20 million less that he could be spending on political action committees.
Maybe 60 Minutes is being smart here, laud him for charity work and he might divert more of his cash to get more hospitals named after him.
Thomas Sowell: There are no solutions, just trade-offs.
