Author Topic: Dark cloud over good works of Gates Foundation  (Read 3374 times)

WMD

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Dark cloud over good works of Gates Foundation
« on: 7 January 2007, 05:32 »
http://www.latimes.com/news/nationworld/nation/la-na-gatesx07jan07,0,4205044,full.story?coll=la-home-headlines

It's quite long, and I haven't read the whole thing carefully, but what it appears to be about is: The Gates Foundation invests some of its money in companies that cause some of the problems they are working to fix. Doh!
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H_TeXMeX_H

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Re: Dark cloud over good works of Gates Foundation
« Reply #1 on: 7 January 2007, 06:23 »
Quote
Like most philanthropies, the Gates Foundation gives away at least 5% of its worth every year, to avoid paying most taxes. In 2005, it granted nearly $1.4 billion. It awards grants mainly in support of global health initiatives, for efforts to improve public education in the United States, and for social welfare programs in the Pacific Northwest.

It invests the other 95% of its worth. This endowment is managed by Bill Gates Investments, which handles Gates' personal fortune. Monica Harrington, a senior policy officer at the foundation, said the investment managers had one goal: returns "that will allow for the continued funding of foundation programs and grant making." Bill and Melinda Gates require the managers to keep a highly diversified portfolio, but make no specific directives.

By comparing these investments with information from for-profit services that analyze corporate behavior for mutual funds, pension managers, government agencies and other foundations, The Times found that the Gates Foundation has holdings in many companies that have failed tests of social responsibility because of environmental lapses, employment discrimination, disregard for worker rights, or unethical practices.

That about sums it up

karablak

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Re: Dark cloud over good works of Gates Foundation
« Reply #2 on: 7 January 2007, 19:27 »
i always knew this foundation never was anything more than just PR bullshit this but is HUGE.
too bad most of people will simply ignore it
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WMD

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Re: Dark cloud over good works of Gates Foundation
« Reply #3 on: 7 January 2007, 23:39 »
Your first red part is fairly typical, so I'll give that one to them.  The second red part is the important part.
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yahurd

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Re: Dark cloud over good works of Gates Foundation
« Reply #4 on: 8 January 2007, 03:55 »
print it out!

Calum

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Re: Dark cloud over good works of Gates Foundation
« Reply #5 on: 9 January 2007, 15:13 »
ho hum.

people just *knowing* this will make very little difference. them *doing* something about it will. of course i suppose they can't do the latter without the former.

and anyway, printing it out is simply helping to fund the deforestation of the world to make way for mcdonalds to raise cheap steroid bred cattle, and for uncle ben to waste the world's water growing rice in equatorial regions.
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pofnlice

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Re: Dark cloud over good works of Gates Foundation
« Reply #6 on: 10 January 2007, 11:45 »
Quote from: Calum
and anyway, printing it out is simply helping to fund the deforestation of the world to make way for mcdonalds to raise cheap steroid bred cattle, and for uncle ben to waste the world's water growing rice in equatorial regions.


See, there is a chain of events, the root of all evil is McDonalds.
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yahurd

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Re: Dark cloud over good works of Gates Foundation
« Reply #7 on: 10 January 2007, 12:15 »
no the root of all evil is the letter "M"
McDonald's, Microsoft, Money you get the idea

pofnlice

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Re: Dark cloud over good works of Gates Foundation
« Reply #8 on: 10 January 2007, 12:18 »
Masterbation?
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yahurd

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Re: Dark cloud over good works of Gates Foundation
« Reply #9 on: 10 January 2007, 12:25 »
Motherfuckers, Michaels, Morons

pofnlice

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Re: Dark cloud over good works of Gates Foundation
« Reply #10 on: 10 January 2007, 12:43 »
Marriage, Monogomy, Menstration, Monopoly, mitigate, mysogenistic....
Quote from: "Orethrius"
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yahurd

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Re: Dark cloud over good works of Gates Foundation
« Reply #11 on: 10 January 2007, 12:48 »
Me Myself, Myrene...

karablak

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Quote from: Orethrius
Hey hey hey.  Microsoft can have a Vista launch without us jeering and deriding the process.  This is, of course, provided that it's from Cape Canaveral, and aimed somewhere in the general proximity of Sol.

_LiquidOxygen

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Re: Dark cloud over good works of Gates Foundation
« Reply #13 on: 17 January 2007, 19:32 »
TexMex's quoted text says everything.
 
Here's a few additions to the M is evil list. Wondering what mitigate means though. :)
 
1. Martyr
2. Mutilation
3. Mangulate
4. Manhandle
 
How are those?

yahurd

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Re: Dark cloud over good works of Gates Foundation
« Reply #14 on: 17 January 2007, 22:03 »
mitigate means to moderate or to make milder