wish i had a clue stick to smack buffet upside the head!

[ted leslie]

you are of course assuming that the stamping out of innovation over 7-10 years of MS
hasn't amounted to global loses of in excess of  trillions of dollars, making all these
donation numbers strictly "tiddly winks" of a return against the massive losses racked up world wide
over the years.

-tl

On Sun, 25 Jun 2006 19:32:08 -0400
Jamon Camisso <jamon.camisso-H217xnMUJC0sA/PxXw9srA at public.gmane.org> wrote:

> ted leslie wrote:
> > "Warren Buffett, the world's second-richest man, said he will soon start giving away almost all of his fortune to charity, most of it going to a foundation controlled by the world's richest man, Bill Gates, Fortune magazine reported Sunday."
> > 
> > man this is sad!
> > give the world most sucessful mob boss 30+ billion $ to selectively spend on "good deeds".
> > Man i wanna frick'n puke.
> > 
> > Here's a thought Warren ... donate 2 billion of it to linux, and in 5 years you'll be the richest man
> > after Gates tanks, but i guess that never occured to him!
> 
> "The Bill & Melinda Gates Foundation on Sunday announced $258.3 million
> in new grants to fund the development of a vaccine and new drugs to
> combat malaria."
> 
> http://news.com.com/Gates+charity+boosts+funding+for+malaria+vaccine+research/2100-11393_3-5923651.html
> 
> "New York, NY (May 25, 2006) — The Global Alliance for TB Drug
> Development (TB Alliance) announced today that it is receiving $104
> million from the Bill & Melinda Gates Foundation to advance a pipeline
> of new TB drugs over the next five years in the global pursuit to find a
> faster and more effective cure for tuberculosis."
> 
> http://www.tballiance.org/gates.asp
> 
> "The foundation's grants have provided funds for underrepresented
> minority college scholarships, AIDS prevention, diseases that strike
> mainly in the Third World, and other causes. The Foundation currently
> provides 17% (US$86 million in 2006) of the world budget for the
> attempted eradication of poliomyelitis (polio)[3]. In June 1999, Gates
> and his wife donated US$5 billion to the foundation. They have donated
> more than US$100 million to help children suffering from AIDS. On
> January 26, 2005, it was announced that the Foundation had made a
> further contribution of US$750 million to the international Vaccine Fund
> to help fight diseases such as diphtheria, whooping cough, measles,
> poliomyelitis and yellow fever. As of 2006, the foundation has an
> endowment of approximately US$26.9 billion. To maintain its status as a
> charitable foundation, it must donate at least 5% of its assets each
> year. Thus the donations from the foundation each year would amount to
> over $1 billion at a minimum."
> 
> http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundation
> 
> While there is likely much spin and people involved in these groups
> making everything sound all rosy and such, those are some significant
> numbers. Even if Buffet donates only $1billion a year through Gates, who
> is loosing? Granted there may be a distribution pipeline, drug companies
> skimming etc. etc. but still, Linux is irrelevant in this case... since
> anything is better than nothing with such large sums involved.
> 
> Jamon
> 
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