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View Diary: Microsoft's Bill Gates hopes Obama won't stop outsourcing U.S. jobs. (90 comments)

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  •  Yup. He's only a philanthropist because his (9+ / 0-)

    parents were: "In 2000, Gates and his wife combined three family foundations into one to create the charitable Bill & Melinda Gates Foundation".

    In regard to snackdoodle's comment:

    "The foundation has also received criticism because it invests the assets that it has not yet distributed, with the exclusive goal of maximizing the return on investment. As a result, its investments include companies that have been criticized for worsening poverty in the same developing countries where the Foundation is attempting to relieve poverty. These include companies that pollute heavily and pharmaceutical companies that do not sell into the developing world.[57] In response to press criticism, the foundation announced in 2007 a review of its investments to assess social responsibility.[58] It subsequently cancelled the review and stood by its policy of investing for maximum return, while using voting rights to influence company practices."

    As much as I despise both billy g and microsoft, I would not ever take away ANY good that ANYONE does.

    I simply caution that "all is not as it seems", especially in his/their case.

    President-elect of the United States of America, Barack Hussein Obama.

    by VT ConQuest on Thu Dec 04, 2008 at 05:03:00 AM PST

    [ Parent ]

    •  I would agree with the exception of Gates (6+ / 0-)

      his "good" is really no good if in the process bigger problems are created or exacerbated. Gates' problem, his personality flaw that plays out in every part of his life is he is motivated by money not altruism. He now owns stock in big pharma, the very companies who are being asked to provide cheap drugs, not just for third world countries but to folks right here. Now the vaccines and drugs purchased by the foundation are purchased from the companies Gates wons stock in. Seem like a bit of a conflict. sure does to me.

      But this is typical. He makes a big deal out of donating computers to schools and poor kids blah, blah. He doesn't donate the money and let schools or individuals purchase what makes the most sense for them, he gives them PCs with Windows. This is not to say they may have 100% purchased PCs and Windows anyway, but how can it be called charity when it increases your user base first.

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