Monday, September 1, 2014

Billionaire threatens charity donations if Pope continues support for the poor

David PhillipsLas Vegas Democrat Examiner

 

Billionaire Ken Langone, the founder of Home Depot issued a warning to Pope Francis during an interview with CNBC which was published this past Monday. In the interview he said that wealthy people such as himself are feeling ostracized by the Pope’s messages in support of the poor, and might stop giving to charity if the Pope continues to make statements criticizing capitalism and income inequality.

Mr. Langone described the Pope's comments about a "culture of prosperity" as "exclusionary" statements that may make some of the rich "incapable of feeling compassion for the poor."

The billionaire, who’s a major donor to the Republican Party, is currently working with Cardinal Timothy Dolan, the Archbishop of New York, to raise $180 million for the restoration of St. Patrick's Cathedral. Langone said that he told the Archbishop about a wealthy donor who could give millions of dollars to the Cathedral project but was worried about the Pope's "exclusionary" remarks

Read more by clicking on the following:  http://www.examiner.com/article/billionaire-threatens-charity-donations-if-pope-continues-support-for-the-poor

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