David Friedberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it's, you know, it's pretty obvious.
I don't know how they're running the business.
The IRS definition of what a 501c3 nonprofit organization is meant to be doing is to engage in exempt activities.
The definition of exempt activities is charitable, religious, educational, scientific, literacy, public safety, or fostering amateur sports competition or preventing cruelty to children or animals.
You tell me how the 90% of what we call nonprofits today fall under that definition.
We have completely closed our eyes to the fact that organizations, regardless of political affiliation, social interest, have fundamental commercial and probably not aligned interests with the definition of a 501 , and we've allowed them all to get away with it for far too long.
I don't think that this is a blue or red thing.
I think that this is a thing where we let these organizations make it easy to get money, to hide the money, and to do whatever the hell they want with the money.
And we need to stop it.
And I think that it's an amazing opportunity right now for everyone to kind of reset the decks by cleaning all this up and getting all of these organizations flushed and make sure that any organization that wants to do whatever bullshit nefarious things they want to do,
by all means do it, but it's not a nonprofit and you shouldn't get a charitable donation deduction and the government should not be putting money into these sorts of things.
This is an entirely different sort of activity in the social order.
And as a libertarian, I'm all for it, but I don't think that they should be tax exempt.
And I don't think they should be getting government money.
And I don't think that individuals should be benefiting from giving them money.
And if we could fix all that shit up, I think a lot of these problems are gonna go away.
And I think this is a major problem.
Fire me.
Fire me.
My job's done.