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Somewhere along the way, mullet-haired U2 frontman Paul Hewson nee "Bono Vox" became "Bono," global activist for all manner of leftist causes, including Jubilee Research, an organization that believes that all third world debt should be cancelled.

No word yet as to whether Mr. Hewson has determined to put his money where his mouth is. In 2000, U2 earned at least $61.9 million. His personal worth is estimated at approximately #405mm. (That's $744 million USD to you and me).

Why is it OK for financial institutions to write off debt but not OK for Bono to give his records away for nothing? His live aid concert raised approximately $170 million. That's a drop in the bucket for him, though!

Now before you go having me involuntarily committed, I'm merely having fun: the fact that Bono earns so much has nothing to do with the realities of third world debt relief, nor would I ever advocate somebody giving away their money merely because they have a whole bunch. It's his, he earned it, he's entitled to it due to the Irish quartet's monopoly on talent.

But don't expect me to put him up for canonization anytime soon.