A thought on the purpose of Bill& Melinda gates foundation

[Pathik]

You seem more interested in whether Bill Gates is benefited by his donations or not rather than the charity aspect? Atleast he is giving out something to charity rather than the US Govt coffers. Whats wrong if he gets some tax benefits?

 

[praka123]

^ the thing is ,may I quote:

Gates' philanthropy for healthcare for poor countries has won some people's good opinion. The LA Times reported that his foundation spends five to 10% of its money annually and invests the rest, sometimes in companies it suggests cause environmental degradation and illness in the same poor countries.

(from one of my posts above).

Tell me?10% donation and 90% on investments on other corporations.do you call it charity? I can not!. let come on senses my friends. you ppl are too obsessed on tracing my moves rather than my posts

 

[infra_red_dude]

^^^ If he doesn't invest, how will he get money to donate?

While there is no doubt that Bill is saving millions of dollars this way which would've otherwise been written off as tax, we must also not forget that 10% (of what!!??!! thats teh huuuuge amount!) is really going in for humanitarian benefit. I guess two members here haf a problem with the term "philanthropist"... fine don't use it.. and close this useless topic! But if someone says that those 10% spent as donation is not useful for the betterment of mankind then that person is surely insane.

 

[RCuber]

Another WAR!!! lock this thread pls.. its going no where

 

[infra_red_dude]

^^^ +1. reported...

 

[sreevirus]

For a seemingly staunch blind Christian believer such as yourself @praka, who could go ahead and make a nazi-kinda statement like "....now I am feeling like Jesus among ignorant and hypocrat j2ws", you really don't seem to follow your Bible too well it seems.

Charity shall cover the multitude of sins.

- Bible, 1 Peter iv. 8

Go have a dose of nellika-talam yourself.

----

I had a lot of respect for RMS as a person and as a rationalist (even though I admit I find him crazy most of the times), but after this, he seems like just another frustrated praka.

 

[goobimama]

True that. This thread is going nowhere.