This person certainly would not donate a portion of his salary to the major he worked for to upgrade to 747-400, so why should he donate his money to individuals that can afford a multi-million dollar aircraft just so he does not feel as though he was put out to pasture?
Very well said! And for all those 'free-marketeers', it's a free country here (USA), and we can single out whoever we like for doing a disservice to his peers. If he doesn't need the salary that bad, go volunteer your time at a hospital, teach at a flight school or college, etc.. Just don't undercut the pay standards for those of us who are trying to make a living.