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Tx4obama

(36,974 posts)
Thu Jan 19, 2012, 12:12 AM Jan 2012

Billionaire philanthropist Rubenstein to give millions to help fix Washington Monument

Billionaire philanthropist Rubenstein to give millions to help fix Washington Monument

David M. Rubenstein, the billionaire Bethesda philanthropist, will donate $7.5?million to help fix the shuttered, earthquake-damaged Washington Monument, government officials plan to announce Thursday.

The gift once again confirmed Rubenstein’s status as a generous repeat benefactor for Washington’s endangered national icons.

It comes a month after he donated $4.5?million to the National Zoo’s cash-strapped giant panda program and seven months after a $13.5?million gift to the National Archives.

The 555-foot tall monument was extensively damaged during the 5.8-magnitude earthquake that struck the area Aug. 23, and it’s been closed ever since. The quake shook the monument violently, especially near the top, severely cracking and chipping its stone blocks. The obelisk’s elevator was also damaged but has since been partially repaired. The National Park Service has said it does not know how long the monument will be closed.

SNIP

http://www.washingtonpost.com/local/billionaire-philanthropist-rubenstein-to-give-millions-to-help-fix-washington-monument/2012/01/18/gIQAPYmb9P_story.html


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@BreakingNews
Billionaire philanthropist to give millions to help fix Washington Monument - @AP http://t.co/6fUJ9axc
2 minutes ago via breakingnews.com
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Billionaire philanthropist Rubenstein to give millions to help fix Washington Monument (Original Post) Tx4obama Jan 2012 OP
Was this earthquake caused by fracking? truthisfreedom Jan 2012 #1
I guess that's good bluestateguy Jan 2012 #2
The problem is that it falls under jurisdiction of the Parks Service... Fearless Jan 2012 #3
AND Obama tried to get 200 Million in stimulus dollars in 2009 for National Mall - Congress said NO Tx4obama Jan 2012 #5
Thanks Mr. Rubenstien, I sure our fellow citizens do also. Historic NY Jan 2012 #4
Let's hope there's no more saucer attacks NBachers Jan 2012 #6
Lovely. grasswire Jan 2012 #7
What is says on the link in the OP is ... Tx4obama Jan 2012 #8
oh ugh ugh ugh the Carlyle Group! grasswire Jan 2012 #10
Great post. Tripod Jan 2012 #9

bluestateguy

(44,173 posts)
2. I guess that's good
Thu Jan 19, 2012, 12:36 AM
Jan 2012

It will support construction jobs too.

But should we have to rely on private donor money to repair our national monuments?

Fearless

(18,421 posts)
3. The problem is that it falls under jurisdiction of the Parks Service...
Thu Jan 19, 2012, 12:48 AM
Jan 2012

And they are severely underfunded.

Tx4obama

(36,974 posts)
5. AND Obama tried to get 200 Million in stimulus dollars in 2009 for National Mall - Congress said NO
Thu Jan 19, 2012, 01:20 AM
Jan 2012

Related articles below ...

... We all already know that the National Mall is looking pretty banged up, with cracked walkways, dead, trampled grass, dying trees and mud making what should be the country's pride and joy look shabby and depressing. We also already know that when President Obama tried to steer $200 million out of his stimulus package to renovate the National Mall, it was killed by the House. ... SNIP
http://dcist.com/2009/07/ap_revisits_national_mall_is_a_disg.php


AP Enterprise: Neglected National Mall languishes
http://www.blnz.com/news/2009/07/23/National_Mall_disrepair_after_years_8018.html

National Mall in disrepair after years of neglect
http://www.washingtontimes.com/news/2009/jul/23/national-mall-disrepair-after-years-neglect/

grasswire

(50,130 posts)
7. Lovely.
Thu Jan 19, 2012, 04:19 AM
Jan 2012

I'm grateful. As long as he doesn't want a sign on it or to re-name it. I love love the Mall and have spent many a happy day just staring at the beauty of it in years past.

How did Mr. Rubenstein make his billion, anyhoo? Anyone know?

Tx4obama

(36,974 posts)
8. What is says on the link in the OP is ...
Thu Jan 19, 2012, 04:36 AM
Jan 2012
... Rubenstein, the son of a Baltimore postal worker, is co-founder and managing director of the Carlyle Group, a global asset-management firm that handles $148?billion in assets, according to its Web site.

He is also a member of the board of regents at the Smithsonian and chairman of Washington’s John F. Kennedy Center for the Performing Arts, where he is the single largest donor in its history, with gifts totaling $25?million. Forbes magazine estimates his worth at $2.7?billion.

In an interview, Rubenstein, 62, said he agreed to split the estimated $15?million repair bill with the federal government. Congress has already allocated the government’s share. ...

grasswire

(50,130 posts)
10. oh ugh ugh ugh the Carlyle Group!
Thu Jan 19, 2012, 02:32 PM
Jan 2012

I'm glad he gave the money, but I despise anything associated with the Carlyle Group, who have done as much to ruin America as anyone.

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