In Newsweek’s “My Turn” column this week, Foster wrote about the charitable contributions of America’s most successful producers and job creators
The question is not whether the 1% has too much money; it’s whether that money is better spent by another “1%”—the real elites who govern us from Washington.
Limited space in Newsweek precluded him from commenting on Joe Biden’s friend and campaign contributor, John Hynansky, who recently received a $20 million federal loan from the U.S. Overseas Private Investment Corporation. The loan built a luxury car dealership—in Ukraine—selling cars made in the UK and Germany!
In his article, Foster makes the case that success should stem from entrepreneurial creativity, not political connectivity.