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Author Topic: Bill Gates not a philanthropist?  (Read 17900 times)

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Offline SysAdminTopic starter

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Bill Gates not a philanthropist?
« on: August 09, 2013, 05:56:38 AM »
From Slashdot


http://science.slashdot.org/story/13/08/08/1622238/bill-gates-promotes-vaccine-projects-swipes-at-google



Quoted from link

"Bill Gates is not the philanthropist he pretends to be. The  Gates Foundation has an endowment of $30 Billion making it the largest  philanthropic organization in the world.  But one third of that money is  invested in companies whose practices run counter to the foundation’s  supposed charitable goals and social mission. In Niger, the  Foundation has invested more than $400 million dollars in oil companies  including Royal Dutch Shell, Exxon Mobil Corp, and Chevron. These firms  have been responsible for much of the pollution causing respiratory  problems and other afflictions among the local population. The  Gates Foundation also has investments in sixty-nine of the worst  polluting companies in the US and Canada, including Dow Chemical.


 It holds investments in pharmaceutical companies whose drugs cost far  beyond what most patients around the world can afford and the Foundation  often lobbies on behalf of those companies for "Intellectual Property"  protections that make obtaining low cost medicines more difficult. Other  companies in the Foundation’s portfolio have been accused of forcing  thousands of people to lose their homes, supporting child labor and  defrauding and neglecting patients in need of medical care. In the mean time, Bill Gates' net worth has gone from $50 Billion to $70 Billion over the last 3 years."
« Last Edit: August 09, 2013, 05:57:42 AM by SysAdmin »
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Re: Bill Gates not a philanthropist?
« Reply #1 on: August 09, 2013, 02:39:49 PM »
Gates could give all the poor countries he helps a MS Surface tablets so they don't end up in a landfill. They have millions of them unsold in warehouses.
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