Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

ansible

(1,718 posts)
Sat Apr 20, 2019, 06:18 PM Apr 2019

Billionaires raced to pledge money to rebuild Notre Dame. Then came the backlash.

PARIS — The eventual reconstruction of Notre Dame is now a foregone conclusion. Within hours of the fire that destroyed much of the cathedral on Monday, donors pledged more than $1 billion to restore the Parisian icon to its former glory.

Even before the smoke had cleared, luxury goods magnate Francois-Henri Pinault announced his family would donate 100 million euros ($112 million) to the effort. Not to remain on the sidelines, his rival Bernard Arnault — the chief executive of LVMH and the richest man in Europe — pledged twice that amount on Tuesday morning. The Bettencourt Meyers family, which controls L’Oreal, quickly matched that pledge. And Patrick Pouyanne, chief of executive of French oil giant Total, offered another $112 million.

Officials are still assessing the extent of the damage, so the cost of Notre Dame’s reconstruction remains unknown, but these and the many other donations coming in should pretty well cover it. In the meantime, the cascade of cash that materialized overnight to save the cathedral has raised eyebrows in France, still in the throes of a crippling protest over rising social inequality and whose leader is regularly decried as the “president of the rich.”

“Of course, I find it nice, this solidarity,” said Ingrid Levavasseur, a leader of the yellow vest movement that has protested inequality in a series of often violent Saturday demonstrations since mid-November. The stream of donations essentially confirmed the movement’s broader social critique, Levavasseur said.

“If they can give tens of millions to rebuild Notre Dame, then they should stop telling us there is no money to help with the social emergency,” Philippe Martinez, head of the CGT trade union, said on Wednesday.

https://www.washingtonpost.com/world/europe/billionaires-raced-to-pledge-money-to-rebuild-notre-dame-then-came-the-backlash/2019/04/18/7133f9a2-617c-11e9-bf24-db4b9fb62aa2_story.html?utm_term=.be54ddab9474

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Billionaires raced to pledge money to rebuild Notre Dame. Then came the backlash. (Original Post) ansible Apr 2019 OP
I had the same thought. I am however not interested in those right wingers opinions robbedvoter Apr 2019 #1
I know of no tea party loons calling for a wealth tax and higher minimum wages Major Nikon Apr 2019 #3
+1. Nobody ever asks "Where are we going to find the money to fight this war meadowlander Apr 2019 #2

robbedvoter

(28,290 posts)
1. I had the same thought. I am however not interested in those right wingers opinions
Sat Apr 20, 2019, 06:53 PM
Apr 2019

yellow vests are to the far right of Tea party

Major Nikon

(36,827 posts)
3. I know of no tea party loons calling for a wealth tax and higher minimum wages
Sat Apr 20, 2019, 08:29 PM
Apr 2019

So while some of their positions are decidedly right wing and populist, they are nothing like the tea party loons.

meadowlander

(4,395 posts)
2. +1. Nobody ever asks "Where are we going to find the money to fight this war
Sat Apr 20, 2019, 06:59 PM
Apr 2019

or give this tax cut to the rich?"

While they do get points for donating money to respect a historic site (and note the thousands of billionaires who aren't offering a dime) it is totally valid to ask why we as a society have so many people sitting around who can scratch up hundreds of millions for this but not to feed, house or clothe at risk kids or rebuild essential infrastructure or improve schools.

Latest Discussions»General Discussion»Billionaires raced to ple...